$GPT News

Last published 5y ago

5y agoCSU GET HGV IMBI+3Capital Senior Living Announces Closing of Financing Transaction with Conversant CapitalBusiness WireNames New Board of Directors Company to be Renamed Sonida Senior Living and Will Trade on the NYSE Under Ticker "SNDA" Capital Senior Living Corporation ("Capital Senior Living" or the "Company") (NYSE:CSU), a leading owner-operator of senior livi
7y agoQEP PLD GPT CG+3Blackstone Bets on E-Commerce With $18.7 Billion Logistics DealBloombergBlackstone Group LP is doubling down on the future of online shopping, agreeing to buy $18.7 billion of U.S. logistics assets from Singapore’s GLP Pte in what it says is the world’s biggest private-equity real estate deal.
8y agoGPTBlackstone Completes Acquisition of Gramercy Property TrustBusiness WireNEW YORK--(BUSINESS WIRE)--Gramercy Property Trust (NYSE: GPT) announced today the completion of its previously announced acquisition by affiliates of Blackstone Real Estate Partners VIII L.P. The total transaction value is approximately $7.6 billion.
8y agoGPTGramercy Property Trust Declares Third Quarter 2018 Preferred DividendBusiness WireNEW YORK--(BUSINESS WIRE)--Gramercy Property Trust (NYSE: GPT) 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.
8y agoGPTGramercy Property Trust Shareholders Approve Acquisition by BlackstoneBusiness WireNEW YORK--(BUSINESS WIRE)--Gramercy Property Trust (NYSE: 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.
8y agoGPTGramercy Property Trust Reports Second Quarter 2018 Financial ResultsBusiness WireNEW YORK--(BUSINESS WIRE)--Gramercy Property Trust (NYSE:GPT) today reported financial results for the second quarter of 2018.
8y agoGPTGramercy Property Trust Enters into Definitive Agreement to be Acquired by Blackstone for $27.50 per Share in a $7.6 billion TransactionBusiness WireNEW YORK--(BUSINESS WIRE)--Gramercy Property Trust (NYSE: GPT) today announced that it has entered into a definitive agreement with affiliates of Blackstone Real Estate Partners VIII, under which Blackstone will acquire all outstanding common shares of Gramercy for $27.50 per share in an all-cash transaction valued at $7.6 billion.
8y agoGPTGramercy Property Trust Reports First Quarter 2018 Financial ResultsBusiness WireNEW YORK--(BUSINESS WIRE)--Gramercy Property Trust (NYSE: GPT) today reported financial results for the first quarter of 2018.
8y agoGPTGramercy Property Trust Declares Second Quarter 2018 DividendsBusiness WireNEW YORK--(BUSINESS WIRE)--Gramercy Property Trust (NYSE: GPT), a real estate investment trust, announced today that its Board of Trustees declared a second quarter 2018 dividend on the Company’s common shares in the amount of $0.375 per share, payable on July 16, 2018 to common shareholders of record as of the close of business on June 29, 2018.
8y agoGPTGramercy Property Trust Announces New Chief Accounting OfficerBusiness WireNEW YORK--(BUSINESS WIRE)--Gramercy Property Trust (NYSE:GPT) announced today that it has promoted Amanda Lombard to serve as the Company’s Chief Accounting Officer. Ms. Lombard joined the Company in July 2010 and has served in various accounting and financial reporting roles, the last being Senior Vice President and Corporate Controller.
8y agoGPTGramercy Property Trust to Release First Quarter 2018 Financial Results on April 30, 2018Business WireNEW YORK--(BUSINESS WIRE)--Gramercy Property Trust (NYSE: GPT) announced today that it will release first quarter 2018 earnings on Monday, April 30, 2018, after the market closes.
8y agoGPTGramercy Property Trust Announces Acquisitions of Four Assets in the E-Commerce Joint VentureBusiness WireNEW YORK--(BUSINESS WIRE)--Gramercy Property Trust (NYSE: GPT), a real estate investment trust, announced today that it has completed the acquisitions of four of the assets identified in the initial portfolio transaction for the E-Commerce Joint Venture (the “Venture”). The Venture was launched in August 2017 to acquire, own and manage Class A distribution centers leased to leading e-commerce tena ...
8y agoGPTGramercy Property Trust Reports 2017 Full Year and Fourth Quarter Financial ResultsBusiness WireNEW YORK--(BUSINESS WIRE)--Gramercy Property Trust (NYSE:GPT) today reported financial results for the full year and fourth quarter of 2017.
8y agoGPTGramercy Property Trust Declares First Quarter 2018 DividendsBusiness WireNEW YORK--(BUSINESS WIRE)--Gramercy Property Trust (NYSE:GPT), a real estate investment trust, announced today that its Board of Trustees declared a first quarter 2018 dividend on the Company’s common shares in the amount of $0.375 per share, payable on April 16, 2018 to common shareholders of record as of the close of business on March 30, 2018.
8y agoGPTGramercy Property Trust to Participate in Citi’s 2018 Global Property CEO ConferenceBusiness WireNEW YORK--(BUSINESS WIRE)--Gramercy Property Trust (NYSE: GPT), a real estate investment trust, announced today that Gordon DuGan, Chief Executive Officer, and Benjamin Harris, President, are scheduled to participate in the Citi 2018 Global Property CEO Conference in Hollywood, Florida from March 5, 2018 to March 7, 2018. Presentation materials to be used at the conference will be available for do ...
8y agoGPTGramercy Property Trust to Release 2017 Full-Year and Fourth Quarter Financial Results on February 28, 2018Business WireNEW YORK--(BUSINESS WIRE)--Gramercy Property Trust (NYSE:GPT) announced today that it will release 2017 full-year and fourth quarter earnings on Wednesday, February 28, 2018, after the market closes.
9y agoGPTGramercy Property Trust, Inc (GPT) CEO Gordon DuGan on Q3 2017 Results - Earnings Call TranscriptEarnings Call Transcripts
9y agoGPTGramercy Property Trust Reports Third Quarter 2017 Financial ResultsBusiness WireNEW YORK--(BUSINESS WIRE)--Gramercy Property Trust (NYSE:GPT) today reported financial results for the third quarter of 2017.
9y agoGPTGramercy Property Trust Declares Fourth Quarter 2017 DividendsBusiness WireNEW YORK--(BUSINESS WIRE)--Gramercy Property Trust (NYSE:GPT), a real estate investment trust, announced today that its Board of Trustees declared a fourth quarter 2017 dividend on the Company’s common shares in the amount of $0.375 per share, payable on January 12, 2018 to common shareholders of record as of the close of business on December 29, 2017.
9y agoGPTGramercy Property Trust Amends and Upsizes Existing Unsecured Term Loan to $400 MillionBusiness WireNEW YORK--(BUSINESS WIRE)--Gramercy Property Trust (NYSE:GPT) announced today that it amended and upsized its existing $175 million unsecured term loan with Capital One, N.A. to $400 million. The amended term loan was arranged by Capital One, N.A., as sole lead arranger. The Company intends to use the net proceeds of the amended and upsized loan to reduce borrowings under its revolving credit faci ...
9y agoGPTGramercy Property Trust to Release Third Quarter 2017 Financial Results on October 31, 2017Business WireNEW YORK--(BUSINESS WIRE)--Gramercy Property Trust (NYSE: GPT) announced today that it will release earnings for the third quarter 2017 on Tuesday, October 31, 2017, after the market closes.
9y agoGPTGramercy Property Trust Agrees to Purchase $331 Million, 9-Property Industrial PortfolioBusiness WireNEW YORK--(BUSINESS WIRE)--Gramercy Property Trust (NYSE:GPT), a real estate investment trust, announced today that it has entered into an agreement with a leading private real estate development and investment company to acquire a 9-property, 2.0 million square foot portfolio of Class-A industrial buildings (the “Portfolio”) for $331 million. The Portfolio is 100% leased with a weighted average r ...
9y agoGPTGramercy Property Trust to Call for Redemption of Its Outstanding 3.75% Exchangeable NotesBusiness WireNEW YORK--(BUSINESS WIRE)--Gramercy Property Trust (NYSE:GPT), a real estate investment trust, announced today its intention to call for redemption of all of its outstanding 3.75% Exchangeable Senior Notes due 2019 (the “Notes”) with a redemption date of September 25, 2017. In accordance with the redemption provisions of the Notes and the indenture related to the Notes, the Notes are redeemable at ...
9y agoGPTGramercy Property Trust Launches New Joint Venture to Acquire, Own, and Manage Newly Constructed, Class A, E-Commerce Distribution Facilities Throughout the U.S.Business WireNEW YORK--(BUSINESS WIRE)--Gramercy Property Trust (NYSE:GPT), a real estate investment trust, announced today that it launched a new joint venture to acquire, own and manage Class A distribution centers leased to leading e-commerce tenants on long-term leases across the country (the “Venture”). The Company is in discussions with several institutional capital partners and has reached an agreement ...
9y agoGPTGramercy Property Trust Agrees to Purchase $479 Million Core Logistics PortfolioBusiness WireNEW YORK--(BUSINESS WIRE)--Gramercy Property Trust (NYSE:GPT), a real estate investment trust, announced today that it has entered into an agreement to acquire a 41-property, 7.8 million square foot portfolio of modern warehouse industrial buildings (the “Portfolio”) for $479 million. The Portfolio is 93% leased with a weighted average remaining lease term of 4.1 years; near term lease roll is con ...
9y agoGPTGramercy Property Trust Reports Second Quarter 2017 Financial ResultsBusiness WireNEW YORK--(BUSINESS WIRE)--Gramercy Property Trust (NYSE: GPT) today reported financial results for the second quarter of 2017.
9y agoGPTGramercy Property Trust Declares Third Quarter 2017 DividendsBusiness WireNEW YORK--(BUSINESS WIRE)--Gramercy Property Trust (NYSE:GPT), a real estate investment trust, announced today that its Board of Trustees declared a third quarter 2017 dividend on the Company’s common shares in the amount of $0.375 per share, payable on October 16, 2017 to common shareholders of record as of the close of business on September 29, 2017.
9y agoGPTGramercy Property Trust Announces Q2 Acquisition and Disposition ActivityBusiness WireNEW YORK--(BUSINESS WIRE)--Gramercy Property Trust (NYSE:GPT), a real estate investment trust, announced today that it acquired ten industrial properties in the second quarter of 2017 in Savannah, Baltimore, Austin, Inland Empire, Columbus, Miami, and North and South Carolina for a total purchase price of $171.5 million at a 7.1% cash capitalization rate. Also during the second quarter, the Compan ...
9y agoGPTGramercy Property Trust Closes Previously Announced Sale of Gramercy Europe Assets to a Consortium of Clients Managed by AXA Investment Managers – Real AssetsBusiness WireNEW YORK--(BUSINESS WIRE)--Gramercy Property Trust (NYSE:GPT) announced that Gramercy Property Europe plc (the “Fund”) has completed the previously announced sale of 100% of the Fund’s assets. The transaction resulted in net distributions to the Company of €90.8 million ($103.8 million), inclusive of a promoted interest distribution of approximately €7.9 million ($9.0 million). Gains on asset sale ...
9y agoGPTGramercy Property Trust to Release Second Quarter 2017 Financial Results on August 1, 2017Business WireNEW YORK--(BUSINESS WIRE)--Gramercy Property Trust (NYSE: GPT) announced today that it will release earnings for the second quarter 2017 on Tuesday, August 1, 2017, after the market closes.
9y agoGPTGramercy Property Trust Announces $173 Million of Dispositions in Second Quarter to DateBusiness WireNEW YORK--(BUSINESS WIRE)--Gramercy Property Trust (NYSE:GPT), a real estate investment trust, announced today that it has disposed of six office assets, two retail bank branches and one vacant industrial asset in the second quarter for aggregate gross proceeds of $173 million. These dispositions include two notable transactions: (i) the sale of five office assets from the Company’s Gramercy Woods ...
9y agoGPTGramercy Property Trust Reports First Quarter 2017 Financial ResultsBusiness WireNEW YORK--(BUSINESS WIRE)--Gramercy Property Trust (NYSE:GPT) today reported financial results for the first quarter of 2017.
9y agoGPTGramercy Property Trust Declares Second Quarter 2017 DividendsBusiness WireNEW YORK--(BUSINESS WIRE)--Gramercy Property Trust (NYSE:GPT), a real estate investment trust, announced today that its Board of Trustees declared a second quarter 2017 dividend on the Company’s common shares in the amount of $0.375 per share, payable on July 14, 2017 to common shareholders of record as of the close of business on June 30, 2017.
9y agoGPTGramercy Property Trust Announces Indirect Sale of Gramercy Europe Assets to a Consortium of Clients Managed by AXA Investment Managers – Real AssetsBusiness WireNEW YORK--(BUSINESS WIRE)--Gramercy Property Trust (NYSE:GPT), a real estate investment trust, announced today that Gramercy Property Europe plc (the “Fund”), a Europe-focused real estate investment fund sponsored by the Company and managed by a subsidiary of the Company, has entered into an agreement to sell 100% of the Fund’s assets to a consortium of clients managed by AXA Investment Managers – ...
9y agoGPTGramercy Property Trust Announces Closing of Public Offering of 10,350,000 Common SharesBusiness WireNEW YORK--(BUSINESS WIRE)--Gramercy Property Trust (NYSE:GPT), a real estate investment trust, announced today the closing of the public offering of 10,350,000 common shares, which includes the exercise in full by the underwriters of their option to purchase up to an additional 1,350,000 common shares, at a public offering price of $27.60 per share.
9y agoGPTGramercy Property Trust Announces Pricing of Public Offering of 9,000,000 Common SharesBusiness WireNEW YORK--(BUSINESS WIRE)--Gramercy Property Trust (NYSE:GPT), a real estate investment trust, announced today the pricing of the public offering of 9,000,000 common shares at a public offering price of $27.60 per share for estimated net proceeds of $238.1 million after deducting for underwriting discounts and offering expenses payable by the Company. In addition, the underwriters of the offering ...
9y agoGPTGramercy Property Trust Announces Public Offering of 9,000,000 Common SharesBusiness WireNEW YORK--(BUSINESS WIRE)--Gramercy Property Trust (NYSE: GPT), a real estate investment trust, announced today that it has commenced an underwritten public offering of 9,000,000 common shares. In connection with the offering, the Company intends to grant the underwriters of the offering a 30-day option to purchase up to an additional 1,350,000 common shares.
9y agoGPTGramercy Property Trust Reports Preliminary First Quarter 2017 Financial ResultsBusiness WireNEW YORK--(BUSINESS WIRE)--Gramercy Property Trust (NYSE:GPT) today reported preliminary financial results for the first quarter ended March 31, 2017.
9y agoGPTGramercy Property Trust to Release First Quarter 2017 Financial Results on May 2, 2017Business WireNEW YORK--(BUSINESS WIRE)--Gramercy Property Trust (NYSE:GPT) announced today that it will release earnings for the first quarter 2017 on Tuesday, May 2, 2017, after the market closes.
9y agoGPTGramercy Property Trust Reports 2016 Full Year and Fourth Quarter Financial ResultsBusiness WireNEW YORK--(BUSINESS WIRE)--Gramercy Property Trust (NYSE:GPT) today reported financial results for the full year and the fourth quarter of 2016.
9y agoGPTGramercy Property Trust Declares First Quarter 2017 DividendsBusiness WireNEW YORK--(BUSINESS WIRE)--Gramercy Property Trust (NYSE:GPT), a real estate investment trust, announced today that its Board of Trustees declared a first quarter 2017 dividend on the Company’s common shares in the amount of $0.375 per share, payable on April 14, 2017 to common shareholders of record as of the close of business on March 31, 2017.
9y agoGPTGramercy Property Trust to Release 2016 Full-Year and Fourth Quarter Financial Results on February 28, 2017Business WireNEW YORK--(BUSINESS WIRE)--Gramercy Property Trust (NYSE: GPT) announced today that it will release 2016 full-year and fourth quarter earnings on Tuesday, February 28, 2017, after the market closes.
9y agoGPTGramercy Property Trust Exceeds 2016 Targets with Acquisitions of $1.4 Billion and Dispositions of More Than $1.5 BillionBusiness WireNEW YORK--(BUSINESS WIRE)--Gramercy Property Trust (NYSE:GPT), a real estate investment trust, announced today that for the calendar year 2016, the Company acquired properties totaling $1.4 billion and disposed of properties totaling more than $1.5 billion.
9y agoGPTGramercy Property Trust Announces Two Dispositions in the United Kingdom Totaling £21.0 MillionBusiness WireNEW YORK--(BUSINESS WIRE)--Gramercy Property Trust (NYSE:GPT), a real estate investment trust, announced today that it closed on the sale of one wholly owned single-tenant office building in Coventry, United Kingdom for gross proceeds of £9.0 million. In addition, the Company disposed of its 80% interest in a single-tenant logistics building located in Rugby, United Kingdom for pro rata gross proc ...
9y agoGPTGramercy Property Trust Reaffirms 2016 Guidance and Announces Fiscal Year 2017 Earnings GuidanceBusiness WireNEW YORK--(BUSINESS WIRE)--Gramercy Property Trust (NYSE:GPT), a real estate investment trust, announced today that it has reaffirmed previously announced 2016 guidance and provided anticipated fiscal year 2017 earnings guidance, as follows:
9y agoGPTGramercy Property Trust Announces 1-for-3 Reverse Share SplitBusiness WireNEW YORK--(BUSINESS WIRE)--Gramercy Property Trust (NYSE:GPT), a real estate investment trust, announced today that its Board of Trustees has approved a reverse share split of the Company’s common shares and its outstanding units of GPT Operating Partnership LP at a ratio of 1-for-3. The reverse share split is expected to take effect at approximately 5:00 p.m. EST on December 30, 2016 (the “Effect ...
9y agoGPTGramercy Property Trust Announces Acquisition of $521 Million Core Logistics PortfolioBusiness WireNEW YORK--(BUSINESS WIRE)--Gramercy Property Trust (NYSE:GPT), a real estate investment trust, announced today that it has closed on the acquisition of a 17-property, 10.3 million square foot, Class A warehouse portfolio (the “Portfolio”) for $521 million. The Portfolio consists of 17 bulk warehouses located in key logistics markets throughout the United States. The Company assumed approximately $ ...
9y agoGPTGramercy Property Trust Announces Completion of $350.0 Million Private Notes PlacementBusiness WireNEW YORK--(BUSINESS WIRE)--Gramercy Property Trust (NYSE:GPT), a real estate investment trust, announced today that it completed the private placement of $350.0 million in senior unsecured notes, consisting of $150.0 million of notes due December 2022 having a fixed interest rate of 3.89%, $100.0 million of notes due December 2025 having a fixed interest rate of 4.26%, and $100.0 million of notes ...
9y agoGPTGramercy Property Trust to Announce Fiscal Year 2017 Guidance on December 20, 2016Business WireNEW YORK--(BUSINESS WIRE)--Gramercy Property Trust (NYSE:GPT), a real estate investment trust, announced today that it will be providing fiscal year 2017 earnings guidance on Tuesday, December 20, 2016, prior to market open.
9y agoGPTGramercy Property Trust Announces Three Office Dispositions Totaling $106.3 MillionBusiness WireNEW YORK--(BUSINESS WIRE)--Gramercy Property Trust (NYSE:GPT), a real estate investment trust, announced today that it closed on the sale of three single-tenant office buildings in San Diego, California, Lake Mary, Florida and Las Colinas, Texas for aggregate gross proceeds of $106.3 million. The weighted average remaining lease term for the three sold properties was 7.5 years at closing and the b ...