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  		UNITED STATES<BR>
  	SECURITIES AND EXCHANGE COMMISSION
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  	WASHINGTON, D.C. 20549
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  	FORM 8-K
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  	CURRENT REPORT
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  	Pursuant to Section&nbsp;13 or 15(d) of the Securities Exchange Act of 1934
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  	Date of Report (Date of Earliest Event Reported):
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  	&nbsp;
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  	February 24, 2006
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  	RAMCO-GERSHENSON PROPERTIES TRUST
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  <BR>__________________________________________<BR>
  	(Exact name of registrant as specified in its charter)
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  	Maryland
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  	1-10093
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  	13-6908486
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  _____________________<BR>
  	(State or other jurisdiction
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  _____________<BR>
  	(Commission
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  ______________<BR>
  	(I.R.S. Employer
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  	of incorporation)
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  	File Number)
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  	Identification No.)
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  	&nbsp;&nbsp;
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  	31500 Northwestern Highway, Suite 300, Farmington Hills, Michigan
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  	48334
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  _________________________________<BR>
  	(Address of principal executive offices)
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  	&nbsp;
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  ___________<BR>
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  	Registrant&#146;s telephone number, including area code:
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  	248-350-9900
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  	Not Applicable
  <BR>______________________________________________<BR>
  	Former name or former address, if changed since last report
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  <FONT SIZE="2">
  	&nbsp;
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  <!-- CoverPageRegistrant END --><P><FONT SIZE="2">
  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:</FONT>
  </P>
  <P><FONT SIZE="2">
  [&nbsp;&nbsp;]&nbsp;&nbsp;Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)<br>
  [&nbsp;&nbsp;]&nbsp;&nbsp;Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)<br>
  [&nbsp;&nbsp;]&nbsp;&nbsp;Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))<br>
  [&nbsp;&nbsp;]&nbsp;&nbsp;Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))<br>
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  <B>
  	Item 1.01 Entry into a Material Definitive Agreement.
  </B>
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  On February 24, 2006, On February 24, 2006, Ramco-Gershenson Properties Trust (the "Trust") entered into an employment agreement with Thomas Litzler, Executive Vice President of Development and New Business Initiatives.  The agreement provides for an initial term from February 28, 2006 until December 31, 2007.  Mr. Litzler&#x2019;s initial annual base salary under the agreement is $295,000.  In addition, Mr. Litzler is entitled to a starting bonus of $100,000 and to participate in benefit plans generally made available from time to time to other executive officers of the Trust.<br><br>Mr. Litzler will be compensated for the value of restricted share and stock options which lapsed due to his change of employment, in an amount currently estimated to be in the range of $150,000 - $200,000, by some combination of cash, restricted stock and/or stock options.<br><br>The agreement provides that Mr. Litzler will participate in an annual bonus plan available to executive officers of the Trust.  The current bonus plan compensates bonus eligible employees for successful execution of corporate, departmental and individual goals.   Mr. Litzler&#x2019;s target bonus under the plan will be 40% of base salary.   The agreement further provides for Mr. Litzler to participate in any long term incentive plan generally available to executive officers of the Trust.  If Mr. Litzler&#x2019;s employment is terminated in certain circumstances following a change in control of the Trust, he will be entitled to be paid an amount equal to twice his annual base salary and all of his outstanding stock options and   other plan benefits will vest.<br><br>A copy of the letter outlining Mr. Litzler&#x2019;s salary and benefits and a copy of the press release are filed as exhibits to this report. <br>
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  <B>
  	Item 5.02 Departure of Directors or Principal Officers; Election of Directors; Appointment of Principal Officers.
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  On February 24, 2006, Ramco-Gershenson Properties Trust announced that Thomas Litzler was appointed Executive Vice President Development and New Business Initiatives.  Mr. Litzler will be responsible for the development of new shopping centers and the introduction of innovative business initiatives to improve the Trust&#x2019;s performance.<br><br>Mr. Litzler received his undergraduate degree from the College of Wooster in Ohio and his MBA from the University of Michigan.  He is 46 years old.<br><br>The discussion under Item 1.01 of this Current Report on Form 8-K is incorporated under Item 5.02 as if set forth herein.<br>
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  	Item 9.01 Financial Statements and Exhibits.
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  Exhibit 10.1  Employment Agreement, dated February 24, 2006, betwemm Ramco-Gershenson Properties Trust and Thomas Litzler.<br><br>Exhibit 99.1 Press release dated February 27, 2006.
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  	SIGNATURES
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  	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.
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  	&nbsp;
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  	RAMCO-GERSHENSON PROPERTIES TRUST
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  	&nbsp;&nbsp;
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  	&nbsp;
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  <I>
  	February 27, 2006
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  	&nbsp;
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  <I>
  	By:
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  	&nbsp;
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  <I>
  	Dennis Gershenson
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  	&nbsp;
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  <I>
  	Name: Dennis Gershenson
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  <I>
  	Title: President and CEO
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  	Exhibit&nbsp;Index
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  	Exhibit No.
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  	&nbsp;
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  	Description
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  	10.1
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  	&nbsp;
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  <FONT SIZE="2">
  Employment Agreement, dated February 24, 2006, between Ramco-Gershenson Properties Trust and Thomas Litzler.
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  	99.1
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  	&nbsp;
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  Press Release dated February 27, 2006.
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metadata_documents: [{"type": "8-K", "sequence": "1", "filename": "htm_10555.htm", "description": "LIVE FILING", "secsgml_size_bytes": 12924}]
metadata_filer: {"company-data": {"conformed-name": "RAMCO GERSHENSON PROPERTIES TRUST", "cik": "0000842183", "assigned-sic": "6798", "irs-number": "136908486", "state-of-incorporation": "MD", "fiscal-year-end": "1231"}, "filing-values": {"form-type": "8-K", "act": "34", "file-number": "001-10093", "film-number": "06646494"}, "business-address": {"street1": "31500 NORTHWESTERN HWY", "street2": "SUITE 300", "city": "FARMINGTON HILLS", "state": "MI", "zip": "48334", "phone": "2483509900"}, "mail-address": {"street1": "31500 NORTHWESTERN HWY", "street2": "SUITE 300", "city": "FARMINGTON HILLS", "state": "MI", "zip": "48334"}, "former-company": {"former-conformed-name": "RPS REALTY TRUST", "date-changed": "19920703"}}
text: RAMCO-GERSHENSON PROPERTIES TRUST (Form: 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):
  February 24, 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))
  Top of the Form
  Item 1.01 Entry into a Material Definitive Agreement.
  On February 24, 2006, On February 24, 2006, Ramco-Gershenson Properties Trust (the "Trust") entered into an employment agreement with Thomas Litzler, Executive Vice President of Development and New Business Initiatives.  The agreement provides for an initial term from February 28, 2006 until December 31, 2007.  Mr. Litzler's initial annual base salary under the agreement is $295,000.  In addition, Mr. Litzler is entitled to a starting bonus of $100,000 and to participate in benefit plans generally made available from time to time to other executive officers of the Trust.
  Mr. Litzler will be compensated for the value of restricted share and stock options which lapsed due to his change of employment, in an amount currently estimated to be in the range of $150,000 - $200,000, by some combination of cash, restricted stock and/or stock options.
  The agreement provides that Mr. Litzler will participate in an annual bonus plan available to executive officers of the Trust.  The current bonus plan compensates bonus eligible employees for successful execution of corporate, departmental and individual goals.   Mr. Litzler's target bonus under the plan will be 40% of base salary.   The agreement further provides for Mr. Litzler to participate in any long term incentive plan generally available to executive officers of the Trust.  If Mr. Litzler's employment is terminated in certain circumstances following a change in control of the Trust, he will be entitled to be paid an amount equal to twice his annual base salary and all of his outstanding stock options and   other plan benefits will vest.
  A copy of the letter outlining Mr. Litzler's salary and benefits and a copy of the press release are filed as exhibits to this report.
  Item 5.02 Departure of Directors or Principal Officers; Election of Directors; Appointment of Principal Officers.
  On February 24, 2006, Ramco-Gershenson Properties Trust announced that Thomas Litzler was appointed Executive Vice President Development and New Business Initiatives.  Mr. Litzler will be responsible for the development of new shopping centers and the introduction of innovative business initiatives to improve the Trust's performance.
  Mr. Litzler received his undergraduate degree from the College of Wooster in Ohio and his MBA from the University of Michigan.  He is 46 years old.
  The discussion under Item 1.01 of this Current Report on Form 8-K is incorporated under Item 5.02 as if set forth herein.
  Item 9.01 Financial Statements and Exhibits.
  Exhibit 10.1  Employment Agreement, dated February 24, 2006, betwemm Ramco-Gershenson Properties Trust and Thomas Litzler.
  Exhibit 99.1 Press release dated February 27, 2006.
  Top of the Form
  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
  February 27, 2006
  By:
  Dennis Gershenson
  Name: Dennis Gershenson
  Title: President and CEO
  Top of the Form
  Exhibit Index
  Exhibit No.
  Description
  10.1
  Employment Agreement, dated February 24, 2006, between Ramco-Gershenson Properties Trust and Thomas Litzler.
  99.1
  Press Release dated February 27, 2006.