Thieler Law Corp, member of the Investor Attorney Network, is investigating whether members of the board of directors of Gramercy Property Trust Inc (NYSE: GPT) acted responsibly on behalf of investors’ profitability in the planned sale to Blackstone Real Estate Partners VIII.

On May 7, 2018, Gramercy Property Trust Inc (NYSE: GPT) and Blackstone Real Estate Partners VIII announced that they had entered into a merger agreement. Under the terms of the merger agreement, Blackstone Real Estate Partners will offer Gramercy Property Trust Inc shareholders $27.50 per share in cash for all outstanding shares.

Based in New York, NY, and founded in 2004 Gramercy Property Trust is a leading global investor and asset manager of commercial real estate.

The investigation is looking to uncover whether Gramercy Property Trust Inc was undervalued at the cost of the shareholders considering one analyst’s opinion of their stock is valued at $33.00 per share.

If you purchased Gramercy Property Trust Inc (NYSE: GPT) prior to May 7, 2018, you should contact Thieler Law Corp at mail@thielerlaw.com or call +1 (619) 377 - 4324.

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