CEO Says e-Commerce a “Friend” to Retail REIT Ramco-Gershenson

Dennis Gershenson, president and CEO of Ramco-Gershenson Properties Trust (NYSE: RPT), joined REIT.com for a CEO Spotlight video interview at REITWeek 2016: NAREIT’s Investor Forum at the Waldorf Astoria New York.

Ramco-Gershenson owns and manages multi-anchor shopping centers primarily located in about a dozen of the largest metropolitan markets in the United States. The REIT is celebrating its 20th anniversary as a publicly traded company this year.

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Retail REIT Ramco-Gershenson Increasing Anchors to Boost Asset Values

As Ramco-Gershenson Properties Trust (NYSE:RPT) nears its 20th anniversary as a publicly traded REIT in May, the shopping center owner continues to grow value by densifying and upgrading its portfolio.

The company has spent the last five years culling assets and making strategic acquisitions. It has cut its property holdings in the process from 90 centers in 2010 to 72 today. In that time, the value of its assets has more than doubled, according to Dennis Gershenson, president and CEO.

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Shopping Center REIT Ramco-Gershenson Seeing Solid Occupancy

Dennis Gershenson, president and CEO of Ramco-Gershenson Properties Trust (NYSE: RPT), joined REIT.com for a CEO Spotlight video interview during REITWeek 2015: NAREIT’s Investor Forum, held in New York.

Ramco-Gershenson owns and manages large, multi-anchor shopping centers in metropolitan markets within the United States.

Gershenson observed that occupancy levels for its core portfolio are particularly robust at this time, averaging about 95.5 percent.

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Ramco-Gershenson Director on Pressing REIT Tax Issues

Shari Thakady, director of tax at Ramco-Gershenson Properties Trust (NYSE: RPT), joined REIT.com for a video interview during REITWise 2014: NAREIT’s Law, Accounting and Finance Conference held in Boca Raton, Fla.

Ramco-Gershenson’s primary business is the ownership and management of multi-anchor shopping centers in strategic metropolitan markets throughout the Eastern, Midwestern and Central United States.

Thakady was asked to comment on the range of tax issues facing REIT tax directors and the ones causing the most concern.

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