Acadia Realty Trust Announces Tax Reporting Information for 2013 Distributions

  Acadia Realty Trust Announces Tax Reporting Information for 2013
  Distributions

Business Wire

WHITE PLAINS, N.Y. -- January 15, 2014

Acadia Realty Trust (NYSE: AKR – “Acadia” or the “Company”) announced today
the Federal tax treatment for 2013 distributions to holders of its common
shares of beneficial interest (“Common Shares”).

The income tax treatment for the 2013 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
                                                                              
3/28/2013      4/15/2013      $0.210000        $0.183533     $0.020513        $0.026467
6/28/2013      7/15/2013      $0.210000        $0.183533     $0.020513        $0.026467
9/30/2013      10/15/2013     $0.210000        $0.183533     $0.020513        $0.026467
12/31/2013     1/15/2014      $0.230000        $0.201012     $0.022466        $0.028988

The distribution that the Company paid on January 15, 2014, to shareholders of
record as of December 31, 2013, will be reportable in 2013. 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 27, 2013 (“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 the Company’s 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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