Winthrop Realty Trust Sells Its Shares in America First Apartment Investors, Inc.
27 Giugno 2007 - 12:15AM
PR Newswire (US)
BOSTON, June 26 /PRNewswire-FirstCall/ -- Winthrop Realty Trust
(NYSE:FUR) announced today that it has sold in market transactions
its 793,956 common shares of America First Apartment Investors,
Inc. ("APRO") for a per share price of $25.02 resulting in net
proceeds of approximately $19,817,000. The sale generated a gain of
approximately $9,739,000 exclusive of dividends on such shares.
Winthrop had acquired substantially all of the shares from January
2005 through August 2006 for an average per share price of $12.63.
The shares sold constituted substantially all shares held by
Winthrop in APRO. Winthrop Realty Trust is a NYSE-listed real
estate investment trust (REIT) headquartered in Boston,
Massachusetts. Additional information on Winthrop Realty Trust is
available on its Web site at http://www.winthropreit.com/. "Safe
Harbor" Statement under the Private Securities Litigation Reform
Act of 1995. With the exception of the historical information
contained in this news release, the matters described herein
contain "forward-looking" statements that involve risk and
uncertainties that may individually or collectively impact the
matters herein described. These are detailed from time to time in
the "Risk Factors" section of the Company's SEC reports. Further
information relating to the Company's financial position, results
of operations, and investor information is contained in our annual
and quarterly reports filed with the SEC and available for download
at our website http://www.winthropreit.com/ or at the SEC website
http://www.sec.gov/. DATASOURCE: Winthrop Realty Trust CONTACT:
Beverly Bergman of Winthrop Realty Trust, +1-617-570-4614 Web site:
http://www.winthropreit.com/
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