Acadia Realty Trust Announces $0.28 Per Share Quarterly Dividend

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Acadia Realty Trust (NYSE:AKR), today announced that its Board of Trustees has declared a cash dividend of $0.28 per Common Share for the quarter ended March 31, 2019, payable on April 15, 2019 to holders of record as of March 29, 2019.

About Acadia Realty Trust

Acadia Realty Trust is an equity real estate investment trust focused on delivering long-term, profitable growth via its dual “ core and Fund “ operating platforms and its disciplined, location-driven investment strategy. Acadia Realty Trust is accomplishing this goal by building a best-in-class core real estate portfolio with meaningful concentrations of assets in the nations most dynamic urban and street-retail corridors; making profitable opportunistic and value-add investments through its series of discretionary, institutional funds; and maintaining a strong balance sheet. For further information, please visit www.acadiarealty.com.

Safe Harbor Statement

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 Acadias future financial results and its ability to capitalize on potential investment opportunities. Factors that could cause the Companys forward-looking statements to differ from its future results include, but are not limited to, those discussed under the headings Risk Factors and Managements Discussion and Analysis of Financial Condition and Results of Operations in the Companys most recent annual report on Form 10-K filed with the SEC on February 19, 2019 (Form 10-K) and other periodic reports filed with the SEC, including risks related to: (i) political and economic uncertainty; (ii) the Companys reliance on revenues derived from major tenants; (iii) the Companys limited control over joint venture investments; (iv) the Companys partnership structure; (v) real estate and the geographic concentration of the Companys properties; (vi) market interest rates; (vii) leverage; (viii) liability for environmental matters; (ix) the Companys growth strategy; (x) the Companys status as a REIT; (xi) uninsured losses; (xii) information technology security threats and (xiii) 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 Companys 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 Acadias expectations with regard thereto or change in events, conditions or circumstances on which any such statement is based.

Amy L. Racanello
(914) 288-8100