Winthrop Realty Trust Sells All of Its Shares in Lexington Realty Trust
25 Marzo 2008 - 1:35PM
PR Newswire (US)
BOSTON, March 25 /PRNewswire-FirstCall/ -- Winthrop Realty Trust
(NYSE:FUR), announced today that it has sold all of its 3,500,000
common shares held in Lexington Realty Trust in a block trade for a
net purchase price of approximately $53,000,000. Winthrop will
recognize a gain of approximately $2,000,000 during the first
quarter of 2008 with respect to this transaction. About Winthrop
Realty Trust Winthrop Realty Trust is real estate investment trust
(REIT) that owns, manages and lends to real estate and related
investments, both directly and through joint ventures. Winthrop
Realty Trust is listed on the New York Stock Exchange and trades
under the symbol "FUR." The Company has executive offices in
Boston, Massachusetts and Jericho, New York. For more information
please visit 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 the Company's annual and quarterly
reports filed with the SEC and available for download at its
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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