Winthrop Realty Trust Eliminates Unrelated Business Taxable Income
29 Maggio 2012 - 2:00PM
Winthrop Realty Trust (NYSE:FUR) announced today that it
transferred its 66.67% interest in the Concord Real Estate CDO
2006-1, Ltd. to its taxable REIT subsidiary. This restructuring
eliminates the only source of excess inclusion income to Winthrop
Realty Trust, which is generally required to be treated as
"unrelated business taxable income", or UBTI, by tax-exempt
organizations. This restructure will enable Winthrop's common
shares to continue to be eligible for inclusion in the Russell
2000 Index which had indicated that it would render ineligible any
security that generates or has historically generated UBTI.
About Winthrop Realty Trust
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.
"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
www.winthropreit.com or at the SEC website www.sec.gov.
CONTACT: Winthrop Realty Trust
Carolyn Tiffany
Investor or Media Inquiries
Phone: (617) 570-4614; e-mail: ctiffany@firstwinthrop.com
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