Gramercy Property Trust (GPT) Reports Q2 EPS of $0.21

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Gramercy Property Trust Reports Second Quarter 2016 Financial Results

August 3, 2016 6:30 AM EDT

NEW YORK--(BUSINESS WIRE)-- Gramercy Property Trust (NYSE: GPT)

Highlights

Generated net income to common shareholders of $27.4 million or $0.06 per diluted common share for the second quarter of 2016, compared to $(1.8) million or $(0.01) per diluted common share for the second quarter of 2015. Generated NAREIT defined funds from operations ("FFO") of $82.6 million or $0.19 per diluted common share for the second quarter of 2016, compared to $22.4 million or $0.12 per diluted common share for the second quarter of 2015.... More