Veris Residential (FRA:WY4) Variable Rate Debt (USD Mil) : 0.00 (As of . 20)

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What is Veris Residential Variable Rate Debt (USD Mil)?

In the railway industry, Variable Rate Debt (USD Mil) is a debt with an interest rate that fluctuates over time. It primarily consists of debt securities with nominal long-term maturities in which the interest rate is reset by a remarketing agent on a periodic basis.

The historical rank and industry rank for Veris Residential's Variable Rate Debt (USD Mil) or its related term are showing as below:

Veris Residential Variable Rate Debt (USD Mil) Historical Data

The historical data trend for Veris Residential's Variable Rate Debt (USD Mil) can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

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Veris Residential Variable Rate Debt (USD Mil) Chart

Veris Residential (FRA:WY4) Variable Rate Debt (USD Mil) Explanation

Variable Rate Debt (USD Mil) is a debt with an interest rate that fluctuates over time. It primarily consists of debt securities with nominal long-term maturities in which the interest rate is reset by a remarketing agent on a periodic basis.

The variable interest rate fluctuates over time because it is based on an underlying benchmark interest rate or index that changes periodically with the market. So, variable interest debt is not as good as fixed-rate debt because the company cannot benefit from inflation. But in some conditions, a company might experience lower borrowing costs or reduce the impact of volatile investment earnings by issuing variable rate securities.

Veris Residential Variable Rate Debt (USD Mil) Related Terms

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Veris Residential (FRA:WY4) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » REITs » Veris Residential Inc (FRA:WY4) » Definitions » Variable Rate Debt (USD Mil)

Comparable Companies

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Traded in Other Exchanges

VRE:USA

Address

Harborside 3, 210 Hudson Street, Suite 400, Jersey City, NJ, USA, 07311

Website

https://www.verisresidential.com

Veris Residential Inc is a fully-integrated, self-administered and self-managed real estate investment trust (REIT). The company owns and operates a real estate portfolio comprised predominantly of multifamily rental properties located mainly in the Northeast and Class A office properties. The company performs substantially all real estate management, leasing, acquisition and development on an in-house basis. The properties are in three states in the Northeast, plus the District of Columbia. The company operates in two industry segments multifamily real estate & services and commercial & other real estate. The majority of revenue is from Multifamily real estate services.

Veris Residential (FRA:WY4) Headlines

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