Why a Major Fund Cut Its Stake in This REIT Still Down 70% Since 2007
Veris Residential(US:VRE) The Motley Fool·2025-12-09 18:30One REIT is quietly improving its fundamentals far faster than its stock price reflects — but big money is still trimming.New York City-based Argosy-Lionbridge Management disclosed a sale of 372,132 shares of Veris Residential (VRE), reducing its position by $5.5 million in the third quarter, according to a November 14 SEC filing.What HappenedAccording to a Securities and Exchange Commission (SEC) filing dated November 14, Argosy-Lionbridge Management reduced its holding in Veris Residential (VRE 0.70%) by ...