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12.05.2015 23:07:00

GPT Property Trust LP -- Moody's assigns Baa3 issuer rating to GPT Property Trust LP, outlook is stable.

New York, May 12, 2015 -- Moody's has assigned a Baa3 issuer rating to GPT Property Trust LP, the main operating subsidiary of Gramercy Property Trust Inc. (collectively 'Gramercy'), a net lease REIT with industrial and office assets. The outlook for the rating is stable. This is the first time Moody's has rated Gramercy.

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