Ramco-Gershenson Properties Trust, Southfield, Mich., has announced that it will redeem all 1.888 million outstanding shares of its series C cumulative convertible preferred shares of beneficial interest on June 1.The shares will be redeemed at $28.50 per share, plus accrued and unpaid dividends to the redemption date without interest, the real estate investment trust said. The shopping center REIT can be found on the Web at http://www.rgpt.com.
REIT to Redeem Preferred Shares
April 03, 2007, 2:00 p.m. EDT 1 Min Read
