Vornado Realty VNO Property Management Fee — Revenue from related parties

Similar metrics at other companies

HRManagement fee income/other — Type of Revenue

$5.63M+24.5%

LENManagement Fee — Revenue

$2.84M-59.0%

KIMManagement Fee And Other Fee Income

$5.2M-2.5%

TOLManagement Fee — Revenue

$1.04M+6.5%

AVBManagement, development and other fees and other ancillary items — Management, development and other fees

$1.83M+5.2%

AVBNon-lease related revenue — Management, development and other fees

$4.03M+11.5%

Questions, answered.

What is Vornado Realty's property management fee — revenue from related parties?

Vornado Realty (VNO) reported property management fee — revenue from related parties of $1.1M in Q4 2022.

How has Vornado Realty's property management fee — revenue from related parties changed year-over-year?

Vornado Realty's property management fee — revenue from related parties increased by 2.3% year-over-year, from $1.07M to $1.1M.

What does property management fee — revenue from related parties mean?

This metric represents the revenue generated from providing property management, leasing, or administrative services to unconsolidated joint ventures or affiliated entities. It reflects the company's ability to monetize its operational expertise and platform scale by managing assets where it maintains a partial ownership interest. This income stream serves as a recurring, fee-based revenue component that complements the company's core rental income from its consolidated real estate portfolio.