EX-99.2
3
e604521_ex99-2.htm
PRESS RELEASE ISSUED OCTOBER 30, 2008
Unassociated Document
Contact
at Winthrop Realty Trust
Beverly
Bergman
Investor
or Media Inquiries
Phone:
(617) 570-4614; e-mail: bbergman@firstwinthrop.com
FOR
IMMEDIATE RELEASE
October
29, 2008
WINTHROP
REALTY TRUST ACQUIRES 27% OF ITS OUTSTANDING SERIES B-1 PREFERRED SHARES AT A
DISCOUNT
BOSTON, MA - October
29/PRNewswire-FirstCall/ - Winthrop Realty Trust (NYSE:FUR) today announced
that it has acquired 944,000 of its Series B-1 Cumulative Convertible Redeemable
Preferred Shares with a liquidation value of $23,600,000 at price of $17,051,000
which represents a 27.75% discount to its liquidation value. Michael
L. Ashner, the Chairman and Chief Executive Officer of Winthrop stated "given
the current uncertainty in the marketplace, we believe that, as with our
recently announced common share repurchase plan, the acquisition of our
preferred shares at a substantial discount is an accretive deleveraging
investment which provides a very low risk enhancement to net asset
value."
___________________
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 Annual Report
of Form 10-K/A for the year ended December 31, 2007, as may be updated or
supplemented in the Company's Form 10-Q filings which discuss the factors that
could adversely affect the Company's results. Further information
relating to the Company's financial position, results of operations, and
investor information is also contained in the Company's reports filed with the
SEC, which reports are available for download at our website
www.winthropreit.com
or at the SEC website
www.sec.gov
.

EX - 99 . 2 3 e604521 _ ex99 - 2 . htm PRESS RELEASE ISSUED OCTOBER 30 , 2008 Un associated Document Contact at Winthrop Realty Trust Beverly Bergman Investor or Media Inquiries Phone : ( 617 ) 570 - 4614 ; e - mail : bbergman@firstwinthrop.com FOR IMMEDIATE RELEASE October 29 , 2008 WINTHROP REALTY TRUST ACQUIRES 27 % OF ITS OUTSTANDING SERIES B - 1 PREFERRED SHARES AT A DISCOUNT BOSTON , MA - October 29 / PRNewswire - FirstCall / - Winthrop Realty Trust ( NYSE : FUR ) today announced that it has acquired 944,000 of its Series B - 1 Cumulative Convertible Redeemable Preferred Shares with a liquidation value of $ 23,600,000 at price of $ 17,051,000 which represents a 27 . 75 % discount to its liquidation value . Michael L . Ashner , the Chairman and Chief Executive Officer of Winthrop stated " given the current uncertainty in the marketplace , we believe that , as with our recently announced common share repurchase plan , the acquisition of our preferred shares at a substantial discount is an accretive deleveraging investment which provides a very low risk enhancement to net asset value . " ___________________ 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 Annual Report of Form 10 - K / A for the year ended December 31 , 2007 , as may be updated or supplemented in the Company 's Form 10 - Q filings which discuss the factors that could adversely affect the Company 's results . Further information relating to the Company 's financial position , results of operations , and investor information is also contained in the Company 's reports filed with the SEC , which reports are available for download at our website www.winthropreit.com or at the SEC website www.sec.gov .
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