Ramco-Gershenson (RPT) Reports In-Line Q3 EPS

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Go back to Ramco-Gershenson (RPT) Reports In-Line Q3 EPS

Ramco-Gershenson Properties Trust Reports Financial and Operating Results for the Third Quarter 2016

November 1, 2016 4:15 PM EDT

FARMINGTON HILLS, Mich., Nov. 01, 2016 (GLOBE NEWSWIRE) -- Ramco-Gershenson Properties Trust (NYSE: RPT) today announced its financial and operating results for the three and nine months ended September 30, 2016.

THIRD QUARTER 2016 HIGHLIGHTS AND SUBSEQUENT TRANSACTIONS:

Net income attributable to common shareholders for the third quarter of $0.15 per diluted share.Operating Funds from Operations (Operating FFO) of $0.34 per diluted share.Sold two Michigan shopping centers for $40.1 million.Signed 65 comparable leases totaling 352,886 square feet at comparable rent growth of 11.2%.Ended the... More