Acadia Realty Trust Announces Tax Reporting Information for 2010 Distributions
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Acadia Realty Trust Announces Tax Reporting Information for 2010
Distributions
Distributions
NEW YORK, Jan 14, 2011 (BUSINESS WIRE) --
Acadia Realty Trust (NYSE: AKR - "Acadia" or the "Company"), a real estate investment trust ("REIT"), announced today the Federal tax treatment for 2010 distributions to holders of its common shares of beneficial interest ("Common Shares").
The income tax treatment for the 2010 distributions for Acadia Common Shares (CUSIP # 004239109) traded on the NYSE under the ticker symbol "AKR" is as follows:
| Total | Taxable | |||||||||||||||||
| Record | Payable | Distribution | Ordinary | |||||||||||||||
| Date | Date | per Share | Dividend | |||||||||||||||
| 12/31/2009 | 2/1/2010 | $0.180000 | $0.180000 | |||||||||||||||
| 3/31/2010 | 4/15/2010 | $0.180000 | $0.180000 | |||||||||||||||
| 6/30/2010 | 7/15/2010 | $0.180000 | $0.180000 | |||||||||||||||
| 9/30/2010 | 10/15/2010 | $0.180000 | $0.180000 | |||||||||||||||
The distribution that the Company will pay on February 1, 2011, to shareholders of record as of December 31, 2010, will be reportable in 2011. Shareholders are encouraged to consult with their personal tax advisors as to their specific tax treatment of Acadia's distributions.
Acadia Realty Trust, headquartered in White Plains, NY, is a fully integrated, self-managed and self-administered equity REIT focused primarily on the ownership, acquisition, redevelopment and management of retail and mixed-use properties including neighborhood and community shopping centers located in urban and suburban markets in major metropolitan areas.
SOURCE: Acadia Realty Trust
Acadia Realty Trust
Jon Grisham, 914-288-8100