Full Article at IIR has reaffirmed its Recommended rating for PIA after undertaking a review post the appointment of a new Portfolio Manager, Harding Loevner. The full report can be found on the IIR website. On 26 July 2021, Pengana International Equities Limited (PIA) announced a fully franked dividend of 1.35 cents per share for the June quarter. This represents an 8% increase on the March quarter dividend and takes the total dividends declared for FY21 of 5.1 cents per share, fully franked....
The independent financial analyst theScreener just requalified the general evaluation of GRAMERCY PROPERTY TST. (US), active in the Real Estate Holding & Development industry. As regards its fundamental valuation, the title still shows 1 out of 4 stars and its market behaviour is seen as moderately risky. theScreener believes that the unfavourable environment weighs on the sector and penalises the company, which sees a downgrade to its general evaluation to Slightly Negative. As of the analysis ...
NEW 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 facility. Key modifications to the original agreement include: An additional $225.0 million of proceeds; ...
NEW 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. The Company's executive management team will host a conference call and audio webcast on Wednesday, November 1, 2017, at 11:00 AM EDT to discuss third quarter 2017 financial results. Presentation materials will be posted prior to the call on the Company’s website, www.gptreit.com. Interested parties may access the live call by d...
NEW 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 remaining lease term of 10.4 years. The properties are located across eight markets throughout the United States which include Atlanta, Bost...
NEW 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 a price equal to the principal amount of the Notes plus accrued and unpaid interest, if any, up to, but excluding, the redemption date. ...
Three Directors at Gramercy Property Trust sold after exercising options/sold 73,836 shares at between 29.526USD and 29.710USD. The significance rating of the trade was 52/100. Is that information sufficient for you to make an investment decision? This report gives details of those trades and adds context and analysis to them such that you can judge whether these trading decisions are ones worth following. Included in the report is a detailed share price chart which plots discretionary tra...
NEW 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. The Company’s Board also declared a second quarter 2017 dividend on the Company's 7.125% Series A Cumulative Redeemable Preferred Shares in the amount of $0.44531 per share, payable ...
NEW 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 – Real Assets. The total gross valuation is approximately €1.0 billion ($1.1 billion) with an exit cap rate of approximately 6.2%. The trans...
NEW 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. The Company's executive management team will host a conference call and audio webcast on Wednesday, May 3, 2017, at 11:00 AM EDT to discuss first quarter 2017 financial results. Presentation materials will be posted prior to the call on the Company’s website, www.gptreit.com. Interested parties may access the live call by dialing 1-88...
NEW 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. The Company's executive management team will host a conference call and audio webcast on Wednesday, March 1, 2017, at 11:00 AM EST to discuss 2016 financial results. Presentation materials will be posted prior to the call on the Company’s website, www.gptreit.com. Interested parties may access the live call by dialing 1-...
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