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Ramco-Gershenson Properties Trust (RPT.N)

RPT.N on New York Stock Exchange

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Latest Key Developments (Source: Significant Developments)

Ramco-Gershenson Properties Trust Q4 FFO per share $0.33
Tuesday, 21 Feb 2017 04:15pm EST 

Ramco-gershenson Properties Trust : Ramco-Gershenson Properties Trust reports financial and operating results for the fourth quarter and year-end 2016 and provides guidance for 2017 . Q4 operating FFO per share $0.33 . Q4 FFO per share $0.33 . Ramco-Gershenson Properties Trust sees 2017 same property noi growth including redevelopment of 2.5pct to 3.5pct .Ramco-Gershenson Properties Trust sees 2017 same property noi growth excluding redevelopment of 0.5pct to 1.5pct.  Full Article

Ramco-Gershenson properties announces 5 pct rise in common share dividend
Tuesday, 6 Sep 2016 04:15pm EDT 

Ramco-Gershenson Properties Trust : Gershenson Properties Trust announces 5 percent increase in common share dividend .Sets regular quarterly cash dividend of $0.22 per share.  Full Article

Ramco-Gershenson Properties Trust reports Q2 FFO $0.36/shr
Tuesday, 2 Aug 2016 04:45pm EDT 

Ramco-Gershenson Properties Trust : Ramco-Gershenson Properties Trust reports financial and operating results for the second quarter 2016 . Q2 FFO per share $0.36 . Q2 operating FFO per share $0.35 . Sees FY 2016 FFO per share $1.33 to $1.37 . Q2 FFO per share view $0.34 -- Thomson Reuters I/B/E/S .FY2016 FFO per share view $1.36 -- Thomson Reuters I/B/E/S.  Full Article

Ramco-Gershenson Properties agrees to sell $75 mln of senior unsecured notes due in 2028
Tuesday, 12 Jul 2016 04:30pm EDT 

Ramco-gershenson Properties Trust : Ramco-Gershenson properties trust agrees to sell $75 million of senior unsecured notes due in 2028 . Gershenson properties trust - notes have a 12-year term and are priced at a fixed interest rate of 3.64% .Gershenson properties-proceeds are expected to be used to pay off all maturing debt through 2017, including mortgage on river city marketplace.  Full Article

Ramco-Gershenson Properties Trust appoints Geoffrey Bedrosian as Chief Financial Officer
Thursday, 17 Dec 2015 09:00am EST 

Ramco-Gershenson Properties Trust:Announced the appointment of Geoffrey Bedrosian as Chief Financial Officer, effective immediately.  Full Article

Ramco-Gershenson Properties Trust raises FY 2015 FFO guidance
Tuesday, 27 Oct 2015 04:28pm EDT 

Ramco-Gershenson Properties Trust:Revised FY 2015 guidance for Operating FFO from a range of $1.28 to $1.32 per diluted share to $1.32 to $1.33 per diluted share based on Co's continued positive outlook with respect to business plan.FY 2015 Operating FFO range of $1.32 to $1.33 per diluted share excludes the following one-time items that Co incurred during Q3, or expects to incur by year-end.Says Including these one-time items, the Company's FY 2015 Operating FFO per diluted share is expected to be $1.37 to $1.39.Increased FY 2015 FFO guidance to reflect improved operating results as well as certain one-time items expected this year.FY 2015 FFO of $1.30 - Thomson Reuters I/B/E/S.  Full Article

Ramco-Gershenson Properties Trust Announces Agreements for $100 Million in New Long-Term Unsecured Financing
Wednesday, 30 Sep 2015 10:49am EDT 

Ramco-Gershenson Properties Trust:Completed a $50 million private placement of senior unsecured notes. The financing has a ten-year term priced at a fixed interest rate of 4.09%.has also reached an agreement in principle on the pricing of an additional $50 million of unsecured notes.additional notes are expected to be issued in two $25 million tranches with terms of 9 and 11 years and a blended interest rate of 4.17%.sale of these notes is expected to close on or before November 18, 2015.Proceeds from financings are being used to repay $68.5 million in maturing mortgage debt with average interest rate of 5.2% and borrowings outstanding under Co's unsecured revolving line of credit.  Full Article

Ramco-Gershenson Properties Trust announces resignation of Chief Financial Officer
Monday, 28 Sep 2015 04:15pm EDT 

Ramco-Gershenson Properties Trust:Gregory R. Andrews has resigned from his position as Chief Financial Officer and Secretary effective October 16, 2015.Additionally, Dennis Gershenson, President and Chief Executive Officer, and John Hendrickson, Chief Operating Officer, will oversee other responsibilities held by Andrews until a new Chief Financial Officer is named.In the interim, Ms. Deborah R. Cheek, the Company's Chief Accounting Officer, will act as the Company's Principal Accounting Officer and, in this role, will be responsible for all public reporting responsibilities.  Full Article

Ramco-Gershenson Properties announces 5% increase in common share dividend
Monday, 10 Aug 2015 04:00pm EDT 

Ramco-Gershenson Properties Trust:Declares a regular third quarter cash dividend of $0.21 per common share.Approved a third quarter Series D convertible perpetual preferred share dividend of $0.90625 per share.Payable on Oct. 1 to shareholders of record on Sept. 21.  Full Article

Ramco-Gershenson Properties Trust Narrows FY 2015 FFO guidance to a range in line with analysts' estimates
Tuesday, 21 Jul 2015 04:19pm EDT 

Ramco-Gershenson Properties Trust:Narrows FY 2015 guidance for Operating FFO to a range of $1.28 to $1.32 per diluted share.FY 2015 FFO of $1.31 - Thomson Reuters I/B/E/S.  Full Article

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BRIEF-Ramco-Gershenson Properties Trust Q4 FFO per share $0.33

* Ramco-Gershenson Properties Trust reports financial and operating results for the fourth quarter and year-end 2016 and provides guidance for 2017