Editor's Note: At time of publication (2 ET), Chris DeMuth Jr. appeared live on Bloomberg Television's MoneyMoves with Deirdre Bolton to discuss GPT and a few of his other favorite investments. The clip can be found here on the Bloomberg TV website.
This article is intended to update our readers on the progress on Gramercy Property Trust (GPT) through 2Q 2013. For background you may want to go back and read our previous articles. In this particular article, I will focus on 4 particular points:
- Review the benefits of the REIT legal requirement to the common shareholder vs. the standard US public company.
- Compare the advantages of the Gramercy management incentive structure to other less stockholder friendly