SL Green Realty Corporation shares are trading higher after the company sold its 49.9% stake in the 245 Park Avenue property at a $2 billion valuation.
Portfolio Pulse from Benzinga Newsdesk
SL Green Realty Corporation has sold its 49.9% stake in the 245 Park Avenue property at a $2 billion valuation, leading to an increase in its share price.
June 26, 2023 | 3:52 pm
News sentiment analysis
Sort by:
Ascending
POSITIVE IMPACT
SL Green Realty's shares are trading higher after selling its 49.9% stake in the 245 Park Avenue property at a $2 billion valuation.
The sale of SL Green Realty's 49.9% stake in the 245 Park Avenue property at a $2 billion valuation has led to an increase in its share price. This is a positive development for the company as it indicates a successful divestment and realization of value from its assets.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100