Seeking Alpha

Gramercy Capital (GKK) confirms its name change to Gramercy Property Trust (with new symbol...

Gramercy Capital (GKK) confirms its name change to Gramercy Property Trust (with new symbol GPT), expected to be effective on April 15. It's another step in the (relatively new) management team's efforts to transform the company into a pure triple-net lease player and its investor base from value players to income fans. Next steps: Raise capital, put it to work, initiate a dividend. (PR)
Comments (4)
  • Chris DeMuth Jr.
    , contributor
    Comments (5367) | Send Message
     
    It is reassuring to see how quickly and deliberately this management team is moving to transform GKK/GPT.
    8 Apr 2013, 09:57 PM Reply Like
  • SA_Member_8998191
    , contributor
    Comments (163) | Send Message
     
    "Next steps: Raise capital, put it to work, initiate a dividend."

     

    Nice words to someone with a handful of shares already
    8 Apr 2013, 10:33 PM Reply Like
  • Ashraf Eassa
    , contributor
    Comments (9257) | Send Message
     
    Acquire currency!
    8 Apr 2013, 10:35 PM Reply Like
  • DeepValueLover
    , contributor
    Comments (9619) | Send Message
     
    With an upcoming tsunami of baby boomers desperate for yield to get them through retirement this is great news.

     

    Income stocks will rule the world for at least the next 15 years.
    9 Apr 2013, 06:08 AM Reply Like
DJIA (DIA) S&P 500 (SPY)
ETF Hub
ETF Screener: Search and filter by asset class, strategy, theme, performance, yield, and much more
ETF Performance: View ETF performance across key asset classes and investing themes
ETF Investing Guide: Learn how to build and manage a well-diversified, low cost ETF portfolio
ETF Selector: An explanation of how to select and use ETFs