BOSTON, Nov. 22 /PRNewswire-FirstCall/ -- First Union Real Estate Equity and Mortgage Investments (NYSE:FUR) announced today that it strongly supports the appointment of Mark Tanz as the non-executive chairman of Sizeler Property Investors, Inc. (NYSE:SIZ) and the decision by Sizeler's Board of Directors to pursue strategic alternatives including a sale, merger or liquidation of Sizeler First Union holds 8.31% of the outstanding shares of common stock of Sizeler and Michael L. Ashner, First Union's Chairman and Chief Executive Officer, recently was appointed to the Board of Directors of Sizeler First Union Real Estate Equity and Mortgage Investments is a NYSE-listed real estate investment trust (REIT) headquartered in Boston, Massachusetts. DATASOURCE: First Union Real Estate Equity and Mortgage Investments CONTACT: Carolyn Tiffany, Chief Operating Officer of First Union Real Estate Equity and Mortgage Investments, +1-617-570-4614

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