| Ramco-Gershenson Properties Trust operates as a real estate investment trust (REIT). The company, through its partnership with Ramco-Gershenson Properties, L.P., engages in the ownership, development, acquisition, management, and lease of community shopping centers, single tenant retail properties, and a regional mall in the mid western, southeastern, and mid Atlantic regions of the United States. The community centers include a grocery store, discount department store, super drug store, and various specialty stores, which provide convenience goods and personal services, and soft and hard line goods. As of December 31, 2003, the company operated approximately 64 shopping centers. As a REIT, the company would not be subject to federal income tax purposes provided that it distributes atleast 900f its REIT Taxable Income to its share holders. Ramco-Gershenson Properties Trust was organized in 1997 and is headquartered in Southfield, Michigan. |
