8-K

 

UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549

FORM 8-K

CURRENT REPORT

Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934

Date of Report (Date of Earliest Event Reported): April 26, 2006

RAMCO-GERSHENSON PROPERTIES TRUST
__________________________________________
(Exact name of registrant as specified in its charter)

Maryland	1-10093	13-6908486
_____________________ (State or other jurisdiction	_____________ (Commission	______________ (I.R.S. Employer
of incorporation)	File Number)	Identification No.)
31500 Northwestern Highway, Suite 300, Farmington Hills, Michigan		48334
_________________________________ (Address of principal executive offices)		___________ (Zip Code)

Registrant’s telephone number, including area code: 248-350-9900

Not Applicable
______________________________________________
Former name or former address, if changed since last report

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:

[  ]  Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
[  ]  Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
[  ]  Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
[  ]  Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

Item 5.02 Departure of Directors or Principal Officers; Election of Directors; Appointment of Principal Officers.

On April 26, 2006, Joel Gershenson notified Ramco-Gershenson Properties Trust (the "Company") of his decision to resign from the Company’s Board of Trustees, effective as of June 14, 2006, the date currently planned for the Company’s annual meeting of shareholders. Mr. Gershenson is currently the Chairman of the Board of Trustees and serves on the Company’s Executive Committee in his capacity as director.

A copy of the press release, dated April 27, 2006, issued by the Company announcing the foregoing is filed as Exhibit 99.1 to this report and is incorporated and included herein by reference.

Item 9.01 Financial Statements and Exhibits.

The following exhibit is filed with this Form 8-K:

Exhibit 99.1

Press release dated April 27, 2006, entitled "Ramco-Gershenson Announces the Pending Resignation of Joel Gershenson from Its Board of Trustees."

SIGNATURES

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

	RAMCO-GERSHENSON PROPERTIES TRUST
April 27, 2006	By:	Dennis E. Gershenson
		Name: Dennis E. Gershenson
		Title: President and Chief Executive Officer

Exhibit Index

Exhibit No.	Description
99.1	Press release dated April 27, 2006, entitled "Ramco-Gershenson Announces the Pending Resignation of Joel Gershenson From Its Board of Trustees."

EX-99.1

Ramco-Gershenson Properties TrustDraft-
31500 Northwestern Highway, Suite 300
Farmington Hills, MI 48334 (248) 350-9900 FAX: (248) 350-9925 NYSE: RPT
Contact: PHONE: FAX:	Dennis Gershenson, President & CEO or Richard Smith, CFO (248) 350-9900 (248) 350-9925	FOR IMMEDIATE RELEASE

RAMCO-GERSHENSON ANNOUNCES
THE PENDING RESIGNATION OF JOEL GERSHENSON FROM ITS BOARD OF TRUSTEES

FARMINGTON HILLS, Mich., – Ramco-Gershenson Properties Trust (NYSE:RPT) announced today that Joel Gershenson plans to resign from Ramco-Gershenson’s Board of Trustees following the Company’s Annual Shareholder Meeting scheduled for June 14, 2006, in order to pursue other family, business and personal interests. Mr. Joel Gershenson has served as the Chairman of the Board of Trustees since 1996 and he served as the head of the Company’s Asset Management team until May of 2001.

On April 26, 2006, the Board of Trustees accepted Mr. Joel Gershenson’s resignation, recognizing his ten years of contribution to the Board. Based on recommendations by the Nominating and Corporate Governance Committee the Board of Trustees nominated Mr. Dennis Gershenson to serve as Chairman of the Board effective upon the date of Mr. Joel Gershenson’s resignation. In addition, the Board of Trustees nominated Mr. Michael Ward, a former Executive Officer of the Company, for election by the Trust’s shareholders to serve the balance of Mr. Joel Gershenson’s term as a Class I Trustee and elected Mr. Stephen Blank to serve as Lead Trustee for the Board. These changes will be reflected in the Company’s 2006 Annual Proxy statement, which will be distributed to shareholders on or near April 30, 2006.

“On behalf of everyone at Ramco, I’d like to thank Joel for his dedicated service to the Company,” said Dennis Gershenson, President and Chief Executive Officer. “His commitment to the Company as head of asset management was a primary driver of core growth and his wise counsel these last several years has been invaluable. We wish him well in his pursuit of other interests.”

Ramco-Gershenson Properties Trust has a portfolio of 78 shopping centers totaling approximately 17.7 million square feet of gross leasable area, consisting of 77 community centers and one enclosed regional mall. The Company’s centers are located in Michigan, Florida, Georgia, Ohio, Wisconsin, Tennessee, Indiana, New Jersey, Virginia, South Carolina, North Carolina, and Maryland. Headquartered in Farmington Hills, Michigan, the Company is a fully integrated, self-administered, publicly-traded real estate investment trust (REIT) which owns, develops, acquires, manages and leases community shopping centers, regional malls and single tenant retail properties, nationally.

This press release may contain forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995 and should be reviewed in conjunction with the Company’s filings with the U.S. Securities and Exchange Commission and other publicly available information regarding the Company. Management of Ramco-Gershenson believes that expectations reflected in forward-looking statements are based on reasonable assumptions. Certain factors could occur that might cause actual results to vary. These include general economic conditions, the strength of key industries in the cities in which the Company’s properties are located, the performance of tenants at the Company’s properties as well as other factors.

For further information on Ramco-Gershenson Properties Trust visit the Company’s
Website at www.rgpt.com

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