Ramco-Gershenson (RPT) Reports In-Line Q2 EPS
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Ramco-Gershenson Properties Trust Reports Financial and Operating Results for the Second Quarter 2015
July 21, 2015 4:20 PM EDTFARMINGTON HILLS, Mich., July 21, 2015 (GLOBE NEWSWIRE) -- Ramco-Gershenson Properties Trust (NYSE: RPT) today announced its financial and operating results for the three and six months ended June 30, 2015.
SECOND QUARTER 2015 HIGHLIGHTS:
Reported Operating Funds from Operations ("Operating FFO") of $0.31. Announced the acquisition of its partners' interests in seven high quality shopping centers in major metropolitan markets for $185.9 million. Commenced three new value-add improvement projects, including the addition of Saks Fifth Avenue OFF 5TH at Hunter's Square in Farmington Hills, MI. Ended the quarter with core... More