Winthrop Realty Trust Sells 52% Of Its Interest In Cedar Realty Trust

BOSTON, Oct. 18, 2012 (GLOBE NEWSWIRE) -- Winthrop Realty Trust (NYSE:FUR) announced today that it sold 3,250,000 of its 6,250,716 common shares in Cedar Realty Trust for net proceeds of approximately $17.1 million. Winthrop's average aggregate cost for such shares was approximately $12.3 million.

About Winthrop Realty Trust

Winthrop Realty Trust, headquartered in Boston, Massachusetts, is a NYSE-listed real estate investment trust (REIT) focused on acquiring, owning, operating and investing in real property as well as real estate financial instruments including CMBS, bonds, REIT preferred and common stock. For more information, please visit our web-site at www.winthropreit.com .
CONTACT: Winthrop Realty Trust         Beverly Bergman         Investor or Media Inquiries         Phone: (617) 570-4614         e-mail: bbergman@firstwinthrop.com

If you liked this article you might like

Why Winthrop Realty (FUR) Stock Is Up Today

Winthrop Realty Trust Inc. Stock Downgraded (FUR)

Winthrop Realty Trust Inc. Stock Downgraded (FUR)

You're Not Researching Enough About Jobs and Housing

Winthrop Realty Trust Inc. Stock Upgraded (FUR)