|Bid||0.00 x 900|
|Ask||0.00 x 1300|
|Day's Range||27.41 - 27.43|
|52 Week Range||21.12 - 31.26|
|PE Ratio (TTM)||38.57|
|Earnings Date||Oct 29, 2018 - Nov 2, 2018|
|Forward Dividend & Yield||1.50 (5.47%)|
|1y Target Est||26.64|
Gramercy Property Trust a real estate investment trust, announced today that its Board of Trustees declared a third quarter 2018 dividend on the Company’s 7.125% Series A Cumulative Redeemable Preferred Shares in the amount of $0.44531 per share, payable on October 1, 2018 to preferred shareholders of record as of the close of business on September 18, 2018.
Gramercy Property Trust (GPT) (“Gramercy” or the “Company”) announced that its shareholders approved the acquisition of Gramercy by affiliates of Blackstone Real Estate Partners VIII L.P. (“Blackstone”) at its special meeting of shareholders held earlier today. As announced previously, on May 6, 2018 Gramercy entered into a definitive agreement with affiliates of Blackstone (the “Merger Agreement”), under which Blackstone will acquire all outstanding common shares of Gramercy for $27.50 per share, plus, if the transaction is consummated after October 15, 2018, a per diem amount of approximately $0.004 per share for each day from and after such date until (but not including) the closing date, in an all-cash transaction valued at approximately $7.6 billion.
NEW YORK, Aug. 03, 2018-- In new independent research reports released early this morning, Fundamental Markets released its latest key findings for all current investors, traders, and shareholders of BMC ...
Gramercy Property Trust (GPT) delivered earnings and revenue surprises of 0.00% and -1.85%, respectively, for the quarter ended June 2018. Do the numbers hold clues to what lies ahead for the stock?
NEW YORK (AP) _ Gramercy Property Trust Inc. (GPT) on Monday reported a key measure of profitability in its second quarter. The results matched Wall Street expectations. The real estate investment trust, based in New York, said it had funds from operations of $84.1 million, or 50 cents per share, in the period.
LONDON, UK / ACCESSWIRE / July 30, 2018/ If you want a free Stock Review on GPT sign up now at www.wallstequities.com/registration. This Monday, WallStEquities.com has initiated reports coverage on the following REIT - Diversified equities: Gramercy Property Trust (NYSE: GPT), Ladder Capital Corp. (NYSE: LADR), Lamar Advertising Co. (REIT) (NASDAQ: LAMR), and iStar Inc. (NYSE: STAR).
NEW YORK, July 2, 2018 /PRNewswire/ -- Notice is hereby given that Monteverde & Associates PC has filed a class action lawsuit in the United States District Court for the Southern District of New York, Case No 1:18-cv-05335, on behalf of shareholders of Gramercy Property Trust ("Gramercy" or the "Company")(GPT) who held Gramercy shares and have been harmed by Gramercy's and its board of directors' (the "Board") alleged violations of Sections 14(a) and 20(a) of the Securities Exchange Act of 1934 (the "Exchange Act") in connection with the sale of the Company to affiliates of Blackstone Real Estate Partners VIII (the "Proposed Transaction").
LONDON, UK / ACCESSWIRE / June 28, 2018 / If you want a free Stock Review on GPT sign up now at www.wallstequities.com/registration. Losses were broad based as eight out of nine sectors finished the trading session in red. WallStEquities.com has initiated research reports on the following REIT - Diversified stocks: iStar Inc. (NYSE: STAR), Lamar Advertising Co. (REIT) (NASDAQ: LAMR), Gramercy Property Trust (NYSE: GPT), and Ladder Capital Corp. (NYSE: LADR).
Rigrodsky & Long, P.A. announces that it is investigating potential legal claims against the board of directors of Gramercy Property Trust (“Gramercy” or the “Company”) (NYSE: GPT) related to the Company’s entry into an agreement to be acquired by affiliates of Blackstone Real Estate Partners VIII (“Blackstone”) in a transaction announced on May 7, 2018 (the “Proposed Transaction”). On May 6, 2018, the Board caused Gramercy to enter into an agreement and plan of merger (“the Merger Agreement”) with Blackstone. Pursuant to the terms of the Merger Agreement, shareholders of Gramercy will receive $27.50 in cash for each share of Gramercy common stock.
Former Attorney General of Louisiana Charles C. Foti, Jr., Esq. and the law firm of Kahn Swick & Foti, LLC are investigating the proposed sale of Gramercy Property Trust to Blackstone Real Estate Partners VIII.
NEW YORK , June 5, 2018 /PRNewswire/ -- Abaxis, Inc. (ABAX) Lifshitz & Miller announces investigation into possible breaches of fiduciary duties in connection with the proposed sale of Abaxis to Zoetis ...
LONDON, UK / ACCESSWIRE / May 29, 2018 / If you want a free Stock Review on GPT sign up now at www.wallstequities.com/registration. Under assessment are Gramercy Property Trust (NYSE: GPT), Ladder Capital Corp. (NYSE: LADR), National Retail Properties Inc. (NYSE: NNN), and New Senior Investment Group Inc. (NYSE: SNR).
NEW YORK , May 18, 2018 /PRNewswire/ -- Juan Monteverde , founder and managing partner at Monteverde & Associates PC , a national securities firm headquartered at the Empire State Building in New York ...
The following statement is being issued by Levi & Korsinsky, LLP:
The securities litigation law firm of Brower Piven, A Professional Corporation, has commenced an investigation into possible breaches of fiduciary duty and other violations of state law by the Board of Directors of Gramercy Property Trust (GPT) (“Gramercy” or the “Company”) relating to the proposed buyout of Gramercy by affiliates of Blackstone Real Estate Partners VIII in a transaction valued at approximately $7.6 billion. Under the terms of the agreement, Gramercy shareholders are anticipated to receive $27.50 in cash for each share of Gramercy common stock held.
Moody's Investors Service has affirmed Gramercy Property Trust's ('GPT, 'the REIT') Baa3 issuer rating following the announcement that affiliates of Blackstone Real Estate Partners VIII will acquire all outstanding common stock of the REIT. The Baa3 senior unsecured debt rating of the primary operating subsidiary, GPT Operating Partnership LP, has also been affirmed in the same rating action. If the transaction is executed as proposed, GPT's outstanding debt will likely be redeemed at values defined in the debt agreements.
LONDON, UK / ACCESSWIRE / May 09, 2018 / If you want access to our free research report on The Blackstone Group L.P. (NYSE: BX), all you need to do is sign up now by clicking the following link www.active-investors.com/registration-sg/?symbol=BX as the Company's latest news hit the wire. On May 07, 2018, the Company announced that the affiliates of Blackstone Real Estate Partners VIII ("Blackstone Real Estate") have signed an agreement to acquire all the outstanding shares of Gramercy Property Trust (NYSE: GPT) ("GPT" or "Gramercy").