Winthrop Realty Trust (NYSE:FUR) ("Winthrop") today announced that its Board of Trustees has declared a dividend for the fourth quarter of 2011 of $0.211979 per 9.25% Series D Cumulative Redeemable Preferred Share (the "Series D Shares") payable on December 30, 2011 to Series D Shareholders of record on December 27, 2011. The dividend represents the pro-rated dividend for the period from the issuance date of the Series D Shares through December 31, 2011.

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 www.winthropreit.com.

CONTACT: Beverly Bergman
         Investor or Media Inquiries
         Phone: (617) 570-4614
         e-mail: bbergman@firstwinthrop.com
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