SL Green Realty Corp.

SL Green Realty Corp.

SL Green Realty Corp. (SLG) is New York City’s largest office landlord, concentrated in Manhattan office buildings. Investors should know it operates as a commercial REIT that earns rent from corporate and institutional tenants, with income driven by leasing activity, occupancy and tenant credit. SLG’s portfolio benefits from prime locations and active asset management, including redevelopment and selective acquisitions, but it is exposed to structural shifts such as remote working, rising vacancy and rent concessions. Interest rates and access to capital materially affect its cost of debt and property valuations, while dividends have historically been an important investor attraction but are not guaranteed. With a market capitalisation around $3.74bn, SLG can offer income and exposure to central business district real estate, yet prospective investors should weigh cyclical leasing risks, potential capital calls for repositioning, and sensitivity to macroeconomic and local demand factors. This is general information, not personal financial advice; values can fall as well as rise.

Stock Performance Snapshot

Buy

Analyst Rating

Analysts recommend buying SL Green Realty stock, predicting it could rise significantly in value.

Above Average

Financial Health

SL Green Realty Corp. shows solid cash flow and a strong book value per share.

Average

Dividend

SL Green Realty Corp. offers an average dividend yield of 3.09%, making it a reasonable option for dividend-seeking investors. If you invested $1000 you would be paid $30.90 a year in dividends (based on the last 12 months).

Source: Analyst sentiment is provided by Refinitiv Ltd, a global leader in financial market data with over 40k business clients. Refinitiv Ltd is an independent third party to Nemo. This is not advice.

Baskets Featuring SLG

Starbucks Restructuring: Coffee Competition Trade-Offs

Starbucks Restructuring: Coffee Competition Trade-Offs

Starbucks is closing over 500 stores and cutting jobs in a major $1 billion restructuring, creating potential openings for rival coffee shops. This theme invests in competitor coffee chains and commercial real estate firms that could benefit from the market disruption.

Published: September 28, 2025

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Why You’ll Want to Watch This Stock

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Leasing and Income

SLG’s returns hinge on leasing activity and tenant credit in Manhattan; stronger leasing can lift income, though vacancies and concessions can drag performance.

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City Office Dynamics

Exposure to central Manhattan offers premium locations but also concentrated risk from remote working and hybrid patterns that affect long-term office demand.

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Interest-Rate Sensitivity

As a leveraged REIT, SLG is sensitive to borrowing costs and refinancing cycles; financing conditions can materially influence dividends and valuations.

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6% Interest on Cash

Earn 6% AER on uninvested cash with daily interest payments.

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