Highest Sales per Share in the Diversified REITs Industry Detected for Vornado Realty Trust (VNO, PSB, LRY)

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Jan 07, 2013 (Fast Lane via COMTEX) -- Below are the three companies in the Diversified REITs industry with the highest sales per share. Sales per share is a valuable metric in comparing relative value for companies in the same industry.Vornado Realty Trust (NYSE:VNO) is highest with sales per share of $15.43. Vornado Realty Trust is a fully-integrated real estate investment trust. The trust owns, manages and leases office properties in New York City, Washington, DC, and California. The Company also owns retail properties Washington, DC and Puerto Rico. Vornado Realty Trust has traded 143,000 shares thus far today, vs. average volume of 900,000 shares per day. The stock has underperformed the Dow (-0.5% to the Dow's -0.3%) and underperformed the S&P 500 (-0.5% to the S&P's -0.3%) during today's trading.

PS Business Parks (AMEX:PSB) is next with sales per share of $13.75. Finishing up the top three is Liberty Property Trust (NYSE:LRY), with sales per share of $5.85. ---------------------------------------------------------------------------------------------

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