The Gramercy Property Trust is a company that operates in the global commercial real estate industry as both an asset manager and an investment entity. Gramercy Property Trust provides management services for a variety of real estate types, such as industrial locations and office properties. The company also acquires real estate directly from owners and developers of the property with a stated aim of filling their portfolio with properties that produce income and draw high-quality tenants.Continue Reading
The Gramercy Property Trust is officially recognized as a real estate investment trust company and operates in large real estate markets throughout Europe and the United States. As of 2016, the company only directly owns real estate in the United States, but manages properties in both of its focus markets. The Gramercy Property Trust generates revenue through three channels, which are rental revenue from directly owned assets, property management fees and rental revenue through properties managed by the Gramercy European Property Fund. All properties under the Gramercy European Property Fund are also partial owned on a pro-rata basis by the Gramercy Property Trust.
The company operates in Europe through its London office branch in the United Kingdom. In the United States, Gramercy European Property runs two branch offices in Horsham, Pennsylvania, and Clayton, Missouri.Learn more about Corporations