Reuters logo
BRIEF-Gramercy Property Trust launches new joint venture
2017年8月22日 / 晚上9点10分 / 1 个月前

BRIEF-Gramercy Property Trust launches new joint venture

Aug 22 (Reuters) - Gramercy Property Trust

* Gramercy Property Trust launches new joint venture to acquire, own, and manage newly constructed, Class A, e-commerce distribution facilities throughout the U.S.

* Gramercy Property Trust - ‍venture’s first acquisition is a forward purchase contract for $642 million​

* Gramercy Property Trust - ‍expects to finance initial acquisition with 55% to 60% property level mortgage debt​

* Gramercy Property Trust - ‍in discussions with several institutional capital partners, reached an agreement with a sovereign investor to anchor venture​

* Gramercy Property Trust says will be issuing between 2.7 million and 4.8 million op units to seller as a component of purchase price as part of the deal

* Gramercy Property Trust - ‍expects to contribute between 25% -50% of equity to venture, estimated to be between $64 million-$128 million at target leverage levels​

* Gramercy Property Trust - ‍op units for portfolio will be priced at $29.19 per share and total between $80 million and $139 million at current share price​ Source text for Eikon: Further company coverage:

我们的标准汤森路透“信任原则”
0 : 0
  • narrow-browser-and-phone
  • medium-browser-and-portrait-tablet
  • landscape-tablet
  • medium-wide-browser
  • wide-browser-and-larger
  • medium-browser-and-landscape-tablet
  • medium-wide-browser-and-larger
  • above-phone
  • portrait-tablet-and-above
  • above-portrait-tablet
  • landscape-tablet-and-above
  • landscape-tablet-and-medium-wide-browser
  • portrait-tablet-and-below
  • landscape-tablet-and-below