The foot, creamsicle orange, Gillig-made bus has since been wrapped in advertising for Ramco Gershenson's three Lakeland shopping centers, including Village Plaza and The Shoppes of Lakeland.
RPT today announced its financial and operating results for the three and twelve months ended December 31, The Company also provided guidance for Signed leases encompassing 1, square feet at comparable rental growth of 9.
Increased annual dividend by 5.
This includes further upgrading of our income quality with best-in-class tenancies and maintaining an investment grade balance sheet. Our growth in earnings for the year allowed us to increase our annual dividend by 5.
These activities, will position our portfolio of large, multi-anchored community centers for superior growth and value creation in and beyond. For the three months ended December 31, For the twelve months ended December 31, Same-center NOI growth for the fourth quarter of 1.
Signed 70 leases encompassingsquare feet at comparable rental growth of Consolidated portfolio leased occupancy of Net debt to total market capitalization of Weighted average term of debt to maturity of 6.
Proceeds from the sales were used to reduce debt and fund the Company's business plan. A number of these centers have redevelopment opportunities that the Company plans to capitalize on over the next months.
The shopping centers encompass over 1.
The Company also acquired three retail buildings contiguous to existing Ramco centers. The average term for all debt was 6. The Operating FFO payout ratio for the full year was Nov 13, · For the twelve months ended December 31st, vs December 31st, , Ramco-Gershenson Properties Trust reported revenue of $MM vs $MM (up %) and analysts estimated basic.
Ramco-Gershenson owns , square feet of the center, and Marsh owns its own 80,square-foot grocery store. Ramco acquired the center from Linder Co. in , paying $ million and. EconoTimes is a fast growing non-partisan source of news and intelligence on global economy and financial markets, providing timely, relevant, and critical insights for market professionals and.
Ramco-Gershenson (NYSE: The audit of the Company's financial statements is not complete, and estimates herein are subject to change. we executed a well-constructed business plan.
Ramco-Gershenson Properties Trust (RPT) Dividend yield, dividend payout, dividend growth rate and historical dividend data Ramco-Gershenson Properties Trust.
Ramco-Gershenson Properties's Annual Report & Profile shows critical firmographic facts: What is the company's size? (Annual sales and employees) What industry is the company in? Ramco-Gershenson Properties is a publicly traded company on NYSE using the ticker symbol RPT.