SOUTHFIELD, Mich., March 11 /PRNewswire/ -- Ramco-Gershenson Properties
Trust (NYSE: RPT) announced today that on March 10, its Board of Trustees
declared a first quarter dividend of $0.42 per share for the period January 1,
1999, through March 31, 1999, based on an annual dividend of $1.68 per share.
The distribution will be payable on April 20, 1999, to shareholders of
record on March 31, 1999.
Ramco-Gershenson Properties Trust has a portfolio of 54 shopping centers,
with approximately 10.4 million square feet of gross leasable area, located in
Michigan, Ohio, Wisconsin, New York, New Jersey, Maryland, Virginia, North
Carolina, South Carolina, Tennessee, Georgia, Alabama and Florida.
Headquartered in Southfield, Mich., the Company is a fully integrated,
self-administered, publicly-traded real estate investment trust (REIT). The
Trust owns, develops, acquires and manages community shopping centers,
regional malls and single tenant retail properties, nationally.
SOURCE Ramco-Gershenson Properties Trust
 back to top
CONTACT:
Dennis Gershenson, President & CEO, or
Richard Smith, CFO, 248-350-9900, fax, 248-350-9925, both of
Ramco-Gershenson Properties Trust; or General Info., James
Ketelsen, 312-640-6781, Analyst Contact, Georganne Palfy,
312-640-6768, or Media Contact, Laura Kuhlmann, 312-640-6727, all
of The Financial Relations Board
NOTE TO EDITORS: For further information on Ramco-Gershenson
Properties Trust via facsimile at no cost, simply dial
800-PRO-INFO and enter the company symbol RPT.
|
