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Gordon DuGan, CEO of Gramercy Property Trust Inc. (NYSE: GPT), joined REIT.com for a CEO Spotlight video interview during REITWeek 2015: NAREIT’s Investor Forum, held in New York.
Gramercy had an active first half of 2015 on the acquisitions front, picking up more than $ 600 million in new assets. The bulk of those acquisitions came through one deal for a 12-property portfolio.
Gordon DuGan, CEO of Gramercy Property Trust (NYSE: GPT), joined REIT.com for a CEO Spotlight video interview at REITWorld 2014: NAREIT’s Annual Convention for All Things REIT at the Atlanta Marriott Marquis.
Gramercy has made acquisitions in both the office and industrial sectors in 2014. DuGan said both sectors are healthy thanks in part to a dearth of new construction. The company is finding “terrific” assets on the market in the range of $ 5 million to $ 30 million.
Gordan DuGan, CEO of Gramercy Property Trust (NYSE: GPT), joined REIT.com for a CEO Spotlight video interview during REITWeek 2014: NAREIT’s Investor Forum, held in New York.
Gramercy has transformed from a real estate finance company to a net lease property owner. DuGan was asked how the transition has been received by the market and if there is more work to be done to complete the transformation.
“The good news is that there’s no more work to be done in the transformation, and it’s been received extremely well,” DuGan said.
