Gramercy Property Trust (GPT) Reports In-Line Q3 FFO

Gramercy Property Trust Reports Third Quarter 2016 Financial Results

November 2, 2016 6:30 AM EDT

NEW YORK--(BUSINESS WIRE)-- Gramercy Property Trust (NYSE: GPT) today reported financial results for the third quarter of 2016.

Operating Results:

          ($ in thousands, except per share data) Quarter Ended Nine Months Ended (All per share amounts in this press release are presented on a diluted basis) September 30, September 30, 2016   2015 2016   2015 Net income (loss) to common shareholders $   (2,508 )   $   431 $   22,355   $   (2,947 ) Net income (loss) per common share $ (0.01 ) $ $ 0.05 $ (0.02 )   FFO available to common shareholders $ 60,775 $ 25,184 $ 205,391 $... More