Gramercy Property Trust Declares Second Quarter 2018 Dividends

NEW YORK–(BUSINESS WIRE)–Gramercy Property Trust (NYSE: GPT), a real estate investment
trust, announced today that its Board of Trustees declared a second
quarter 2018 dividend on the Company’s common shares in the amount of
$0.375 per share, payable on July 16, 2018 to common shareholders of
record as of the close of business on June 29, 2018.

The Company’s Board also declared a second quarter 2018 dividend on the
Company’s 7.125% Series A Cumulative Redeemable Preferred Shares in the
amount of $0.44531 per share, payable on July 2, 2018 to preferred
shareholders of record as of the close of business on June 19, 2018.

About Gramercy Property Trust

Gramercy Property Trust is a leading global investor and asset manager
of commercial real estate. The Company specializes in acquiring and
managing high quality, income producing commercial real estate leased to
high quality tenants in major markets in the United States and Europe.

Forward Looking Statements

This press release contains forward-looking information based upon the
Company’s current best judgment and expectations. Actual results could
vary from those presented herein. The risks and uncertainties associated
with forward-looking information in this release include, but are not
limited to, factors that are beyond the Company’s control, including the
factors listed in the Company’s Annual Report on Form 10-K. The Company
undertakes no obligation to update or revise any forward-looking
statements, whether as a result of new information, future events or
otherwise. Investors should not place undue reliance upon
forward-looking statements.

To review the Company’s latest news releases and other corporate
documents, please visit the Company’s website at www.gptreit.com
or contact Investor Relations at 888-686-0112.

Contacts

Gramercy Property Trust
Ashley M. Mancuso, 212-297-1000
Investor
Relations