Winthrop Realty Trust to Issue a $2.00 Per Share Liquidating Distribution on Its Common Shares of Beneficial Interest (4/28/16)
BOSTON, April 28, 2016 (GLOBE NEWSWIRE) -- Winthrop Realty Trust (NYSE:FUR) (“Winthrop”) announced today that its Board of Trustees has declared a liquidating distribution of $2.00 per common share payable in cash on May 17, 2016 to common shareholders of record on May 10, 2016. The liquidating distribution is being paid from the net proceeds of the recent sale of Winthrop’s Sullivan Center asset. After giving effect to this liquidating distribution, Winthrop will have made $6.50 per common share in liquidating distributions since the adoption of its plan of liquidation.
About Winthrop Realty Trust
Winthrop, headquartered in Boston, Massachusetts, is a NYSE-listed real estate investment trust (REIT). In August 2014, Winthrop’s shareholders adopted a plan of liquidation pursuant to which Winthrop is liquidating and winding down and, in connection therewith, is seeking to sell its assets in an orderly fashion to maximize shareholder value. For more information, please visit our web-site at www.winthropreit.com.
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