RAMCO-GERSHENSON PROPERTIES TRUST
Sector: REIT - Retail
Latest Quote @ Sun May 5 03:23:27 (15 min delayed)
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Ramco-Gershenson Properties Trust, through its subsidiaries, operates as a real estate investment trust. It engages in the business of owning, developing, acquiring, managing, and leasing community shopping centers, regional malls, and single tenant retail properties. As of June 30, 2005, it had interest in 81 shopping centers in the midwestern, southeastern, and mid-Atlantic regions of the United States. The company has elected to be taxed as a real estate investment trust (REIT) under the Internal Revenue Code. The company would not be taxed on the portion of its income, which is distributed to shareholders, provided it distributes at least 90% of its taxable income. Ramco-Gershenson was founded in 1988 and is based in Farmington Hills, Michigan.