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Gramercy Property Trust (GPT.N)

GPT.N on New York Stock Exchange

22.78USD
11:36pm IST
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$-0.16 (-0.70%)
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Wed, Nov 1 2017

BRIEF-Gramercy Property Trust reports Q3 revenue of $134.9 mln

* Gramercy Property Trust reports third quarter 2017 financial results

Fitch Revises Gramercy's Outlook to Negative; Affirms IDR at 'BBB'

(The following statement was released by the rating agency) NEW YORK, October 30 (Fitch) Fitch Ratings has affirmed the ratings of Gramercy Property Trust (NYSE: GPT) at 'BBB'. The Rating Outlook has been revised to Negative from Stable. A full list of rating actions follows at the end of the release. KEY RATING DRIVERS The Negative Outlook primarily reflects Fitch's expectation that, absent deleveraging actions, GPT's leverage will remain in the low to mid-6.0x range throughout the ratings hor

BRIEF-Gramercy Property trust amends, upsizes existing loan

* Gramercy Property Trust amends and upsizes existing unsecured term loan to $400 million

BRIEF-Gramercy Property Trust agrees to purchase $331 mln, 9-property industrial portfolio

* Gramercy Property Trust agrees to purchase $331 million, 9-property industrial portfolio

BRIEF-Gramercy Property Trust agrees to purchase $479 mln core logistics portfolio

* Gramercy Property Trust agrees to purchase $479 million core logistics portfolio Source text for Eikon: Further company coverage:

BRIEF-Gramercy Property Trust launches new joint venture

* Gramercy Property Trust launches new joint venture to acquire, own, and manage newly constructed, Class A, e-commerce distribution facilities throughout the U.S.

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