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Ramco-Gershenson Properties Trust (NYSE: RPT) will have a new name effective Nov. 13 and has a new New York City headquarters, the company said Wednesday.
RPT Realty will be headquartered in the Big Apple, a shift from its longtime Farmington Hills headquarters.
"Rebranding allows us a fresh start to refocus our strategic plan to unlock and drive embedded shareholder value," said new CEO Brian Harper, who replaced Dennis Gershenson in June and is based in New York.
"In the four months since the change in leadership, we have streamlined our operating platform, reset our organizational culture, opened a new corporate headquarters in New York City, experienced strategic board of trustee changes, and identified the...