Vereit, Inc. [Merged] | REIT Profile

Symbol: VER
CIK: 1507385
Exchange: NYSE
Founded: 2010
HQ: New York, NY, United States
Type of REIT: Equity REIT
Listing Status: Public
Market Capitalization: Large-Cap
REIT Sector: Diversified, Office, Retail, Industrial

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About Vereit, Inc. [Merged]

VEREIT is a leading, full-service real estate operating company with investment management capability. VEREIT owns and actively manages a diversified portfolio of retail, restaurant, office and industrial real estate assets with a total asset book value of $15.0 billion including approximately 4,100 properties and 91.1 million square feet, located in 49 states, as well as Puerto Rico and Canada. Additionally, VEREIT manages $7.7 billion of gross real estate investments on behalf of the Cole Capital's non-listed REITs.


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Properties Owned by VER


VER Sample Property

Sample of REIT’s Properties. Image Source - REIT’s website

Related Information


Material Source Description
Realty Income Closes Merger With VEREIT (2021-11-01) PR Newswire SAN DIEGO and PHOENIX, Nov. 1, 2021 /PRNewswire/ -- Realty Income Corporation (Realty Income,NYSE: O), The Monthly Dividend Company®, and VEREIT, Inc. (NYSE: VER) ("VEREIT") today announced the completion of their previously announced merger. The common stock of the combined company will trade under the symbol "O" on the NYSE, beginning today. The closing follows the satisfaction of all conditions to the closing of the merger, including receipt of approval of the transaction by Realty Income and VEREIT stockholders, which stockholder approvals were obtained on August 12, 2021. Under the terms of the merger agreement, VEREIT stockholders were entitled to receive, for each share of VEREIT common stock held, 0.705 shares of Realty Income common stock.

Related REITs


REIT REITRating™ Score Exchange Market Capitalization Sector Country
Alexandria Real Estate Equities, Inc. (ARE) 8.7 NYSE Large-Cap Office United States
Equity Lifestyle Properties, Inc. (ELS) 7.5 NYSE Large-Cap Residential United States
The Geo Group, Inc. (GEO) 3.6 NYSE Small-Cap Specialty United States

Last updated: 2024-04-17 - v4.8