Ramco-Gershenson Properties Trust (NYSE:RPT) announced today that it is providing guidance for Funds from Operations (“FFO”) for the full-year 2013. In addition, it has raised its quarterly common share dividend by 3.0%. 2013 Guidance: The Company is estimating that its 2013 full-year FFO per diluted common share will be between $1.03 and $1.09. The 2013 guidance takes into consideration the following key assumptions:
- Projected year-end core portfolio leased occupancy of between 94% - 95%.
- An anticipated increase in same-center net operating income of 2% - 3%.