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Stock Market & Financial Investment News

News Breaks
May 21, 2014
08:32 EDTGPTGramercy Property Trust acquires three properties for $39.6M
Gramercy Property Trust has acquired, in separate transactions, three properties totaling approximately 423,000 square feet for an aggregate purchase price of approximately $39.6M. Year 1 net operating income for the three properties totals approximately $2.8M and a weighted average lease term of approximately 11.5 years.
News For GPT From The Last 14 Days
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December 11, 2014
08:13 EDTGPTGramercy Property Trust 52M share Secondary priced at $5.90
The deal size was increased to 52M shares from 45M shares. Morgan Stanley, BofA/Merrill, JPMorgan and RBC Capital acted as joint book running managers for the offering.
December 9, 2014
16:37 EDTGPTGramercy Property Trust files to sell 45M shares of common stock
Morgan Stanley, BofA Merrill Lynch, J.P. Morgan and RBC Capital Markets are acting as joint book-running managers for the offering.
16:32 EDTGPTGramercy Property sees FY1 adj. FFO 45c-50c, may not compare with consensus (5c)
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16:25 EDTGPTGramercy Property Trust increases dividend 43% to 5c
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16:24 EDTGPTGramercy Property Trust to acquire $399M portfolio
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