Acadia Realty Trust Announces Tax Reporting Information for 2012 Distributions

  Acadia Realty Trust Announces Tax Reporting Information for 2012
  Distributions

Business Wire

WHITE PLAINS, N.Y. -- January 15, 2013

Acadia Realty Trust (NYSE: AKR – “Acadia” or the “Company”) announced today
the Federal tax treatment for 2012 distributions to holders of its common
shares of beneficial interest (“Common Shares”).

The income tax treatment for the 2012 distributions for Acadia’s Common Shares
(CUSIP # 004239109) traded on the NYSE under the ticker symbol “AKR” is as
follows:

                        Total         Taxable    Unrecaptured 
Record       Payable      Distribution   Ordinary    Section 1250   Total
Date         Date         Per Share      Dividend    Gain           Capital
                                                                    Gain
                                                                    
12/30/2011   2/1/2012     $0.180000      $0.114134   $0.018497      $0.065866
3/30/2012    4/13/2012    $0.180000      $0.114134   $0.018497      $0.065866
6/29/2012    7/13/2012    $0.180000      $0.114134   $0.018497      $0.065866
9/28/2012    10/15/2012   $0.180000      $0.114134   $0.018497      $0.065866
12/31/2012   1/15/2013    $0.180000      $0.114134   $0.018497      $0.065866
                                                                    

The distribution that the Company paid on January 15, 2013, to shareholders of
record as of December 31, 2012, will be reportable in 2012. Shareholders are
encouraged to consult with their personal tax advisors as to their specific
tax treatment of Acadia’s distributions.

About Acadia Realty Trust

Acadia Realty Trust, a fully-integrated equity real estate investment trust,
is focused on the acquisition, ownership, management and redevelopment of
high-quality retail properties and urban/infill mixed-use properties with a
strong retail component located primarily in high-barrier-to-entry,
densely-populated metropolitan areas along the East Coast and in Chicago.
Acadia owns, or has an ownership interest in, these properties through its
core portfolio and its opportunistic/value-add investment funds. Additional
information may be found on the Company’s website at www.acadiarealty.com.

Certain matters in this press release may constitute forward-looking
statements within the meaning of federal securities law and as such may
involve known and unknown risks, uncertainties and other factors that may
cause the actual results, performances or achievements of Acadia to be
materially different from any future results, performances or achievements
expressed or implied by such forward-looking statements. These forward-looking
statements include statements regarding Acadia’s future financial results and
its ability to capitalize on potential opportunities arising from continued
economic uncertainty. Factors that could cause the Company’s forward-looking
statements to differ from its future results include, but are not limited to,
those discussed under the headings “Risk Factors” and “Management's Discussion
and Analysis of Financial Condition and Results of Operations” in the
Company’s most recent annual report on Form 10-K filed with the SEC on
February 28, 2012 (“Form 10-K”) and other periodic reports filed with the SEC,
including risks related to: (i) the current global financial environment and
its effect on retail tenants; (ii) the Company’s reliance on revenues derived
from major tenants; (iii) the Company’s limited control over joint venture
investments; (iv) the Company’s partnership structure; (v) real estate and the
geographic concentration of our properties; (vi) market interest rates; (vii)
leverage; (viii) liability for environmental matters; (ix) the Company’s
growth strategy; (x) the Company’s status as a REIT; (xi) uninsured losses and
(xii) the loss of key executives. Copies of the Form 10-K and the other
periodic reports Acadia files with the SEC are available on the Company’s
website at www.acadiarealty.com. Any forward-looking statements in this press
release speak only as of the date hereof. Acadia expressly disclaims any
obligation or undertaking to release publicly any updates or revisions to any
forward-looking statements contained herein to reflect any change in Acadia's
expectations with regard thereto or change in events, conditions or
circumstances on which any such statement is based.

Contact:

Acadia Realty Trust
Jon Grisham, 914-288-8100
 
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