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RPT - Ramco-Gershenson Properties Trust


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RPT Profile

Ramco-Gershenson Properties Trust logo

RPT Realty owns and manages a national portfolio of open-air shopping destinations strategically situated in prominent U.S. markets. These centers are meticulously curated to offer diverse retail experiences that resonate with the unique lifestyles of surrounding communities, while meeting the evolving expectations of retail partners. As a fully integrated real estate investment trust (REIT), RPT Realty is publicly traded on the New York Stock Exchange under the ticker symbol "RPT". The company's commitment to excellence is evident in its extensive portfolio, which as of June 30, 2020, comprised 49 shopping centers encompassing a total of 11.9 million square feet of gross leasable area.

RPT Realty prides itself on fostering vibrant retail environments that blend local flair with modern consumer demands. Each shopping center is designed to enhance community engagement and provide a dynamic retail mix that attracts both shoppers and tenants alike. With a strong focus on sustainability and operational efficiency, the company maintains a robust leasing profile, achieving a notable 93.6% occupancy rate across its portfolio as of June 30, 2020. This dedication to high occupancy rates underscores RPT Realty's ability to effectively manage and optimize its properties to deliver value to shareholders and enrich the retail landscape in key markets nationwide.

Through its strategic approach to property management and tenant relations, RPT Realty continues to drive innovation in the retail real estate sector. By leveraging its expertise in property acquisition, development, and leasing, the company remains poised for sustainable growth while reinforcing its reputation as a trusted partner in the industry.

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Stock Sector: Real Estate: Retail

 

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