April 6 (Reuters) - Gramercy Property Trust ::GRAMERCY PROPERTY TRUST ANNOUNCES ACQUISITIONS OF FOUR ASSETS IN THE E-COMMERCE JOINT VENTURE.GRAMERCY PROPERTY - INITIAL PORTFOLIO COMPRISED OF 6 BULK DISTRIBUTION PROPERTIES FOR A PURCHASE PRICE OF $537 MLN .
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Feb 28 (Reuters) - Gramercy Property Trust ::REPORTS 2017 FULL YEAR AND FOURTH QUARTER FINANCIAL RESULTS.Q4 REVENUE $149 MILLION.SEES FY 2018 ADJUSTED FFO PER SHARE $1.90 TO $1.95.Q4 FFO PER SHARE $0.51.QTRLY CORE FFO PER COMMON SHARE $ 0.52.QTRLY AFFO EARNINGS PER SHARE $0.49.Q4 FFO PER SHARE VIEW $0.52 -- THOMSON REUTERS I/B/E/S.SEES FISCAL YEAR 2018 INDUSTRIAL SAME STORE NOI GROWTH BETWEEN 1.0% - 2.5%.QTRLY DOMESTIC SAME STORE CASH NOI GROWTH WAS 0.6% FOR QUARTER.DOMESTIC SAME STORE CASH NOI FOR INDUSTRIAL PORTFOLIO GREW 0.8% IN Q4 2017.FY2018 FFO PER SHARE VIEW $2.12 -- THOMSON REUTERS I/B/E/S.
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Oct 31 (Reuters) - Gramercy Property Trust :Gramercy Property Trust reports third quarter 2017 financial results.Q3 revenue $134.9 million.Q3 adjusted FFO per share $0.51.Q3 FFO per share $0.48.
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Oct 17 (Reuters) - Gramercy Property Trust :Gramercy Property Trust amends and upsizes existing unsecured term loan to $400 million.Key modifications to original loan agreement include an additional $225.0 million of proceeds.Amended unsecured term loan will have a five-year term, maturing on January 9, 2023.Amended and upsized its existing $175 million unsecured term loan with Capital One N.A. to $400 million.
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Aug 30 (Reuters) - Gramercy Property Trust :Gramercy Property Trust agrees to purchase $331 million, 9-property industrial portfolio.Gramercy Property Trust says company will assume $137 million of in-place debt, and will issue $133 million in OP units to fund acquisition.Gramercy Property Trust- OP unit price will be based on a 30-day VWAP as of August 29, 2017, or $29.56 per share.Gramercy Property Trust - acquiring portfolio at 6.3% cash capitalization rate.
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Aug 22 (Reuters) - Gramercy Property Trust :Gramercy Property Trust launches new joint venture to acquire, own, and manage newly constructed, Class A, e-commerce distribution facilities throughout the U.S..Gramercy Property Trust - venture's first acquisition is a forward purchase contract for $642 million.Gramercy Property Trust - expects to finance initial acquisition with 55% to 60% property level mortgage debt.Gramercy Property Trust - in discussions with several institutional capital partners, reached an agreement with a sovereign investor to anchor venture.Gramercy Property Trust says will be issuing between 2.7 million and 4.8 million op units to seller as a component of purchase price as part of the deal.Gramercy Property Trust - expects to contribute between 25% -50% of equity to venture, estimated to be between $64 million-$128 million at target leverage levels.Gramercy Property Trust - op units for portfolio will be priced at $29.19 per share and total between $80 million and $139 million at current share price.
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Aug 1 (Reuters) - Gramercy Property Trust ::Gramercy Property Trust reports second quarter 2017 financial results.Q2 revenue $131.4 million.Q2 FFO per share $0.49.Sees fy 2017 core FFO per share $1.90 to $1.95.Q2 FFO per share view $0.51 -- Thomson Reuters I/B/E/S.Fy2017 FFO per share view $2.12 -- Thomson Reuters I/B/E/S.Gramercy Property Trust qtrly affo per common share $ 0.44.Gramercy Property Trust - 2017 full year guidance has been revised to a range of $1.90 to $1.95 per diluted share for affo.Q2 core FFO per share $0.49.
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June 29 (Reuters) - Gramercy Property Trust ::Files for potential mixed shelf; size not disclosed - SEC filing.Gramercy Property Trust - in addition, GPT operating partnership may offer and sell its debt securities in one or more series.
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June 2 (Reuters) - Gramercy Property Trust :Gramercy property trust announces $173 million of dispositions in second quarter to date.Gramercy property trust - disposed of six office assets, 2 retail bank branches, 1 vacant industrial asset in q2 for gross proceeds of $173 million.Gramercy property trust - year to date, company has sold $225 million of non-core assets in united states and canada.Gramercy property trust - currently, co has about $39 million of non-core assets under contract for sale or awarded to buyers.Gramercy property trust- estimated next twelve months cash noi from office and specialty assets has been reduced to 22.2 percent and 5.3 percent, respectively.Gramercy property trust - currently, co has about $180 million of assets currently in market for sale.
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May 2 (Reuters) - Gramercy Property Trust ::Gramercy Property Trust reports first quarter 2017 financial results.Q1 core FFO per share $0.51.Q1 revenue $130 million.Qtrly AFFO per common share $0.48.
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