Wheeler Real Estate Investment Trust, Inc. Announces Tax Treatment of 2018 Dividend Distributions

VIRGINIA BEACH, Va., Jan. 31, 2019 (GLOBE NEWSWIRE) -- Wheeler Real Estate Investment Trust, Inc. WHLR ("WHLR" or the "Company"), a fully-integrated, self-managed commercial real estate investment company focused on owning and operating income-producing retail properties with a primary focus on grocery-anchored centers, today announced income tax treatment of its 2018 dividend distributions to the holders of its preferred shares.  This information is being provided to assist shareholders with tax reporting requirements related to dividend distributions of taxable earnings and profits.

Shareholders should review their Forms 1099 as well as other 2018 tax statements that they have received from their brokerage firms or other institutions to ensure that the statements agree with the information provided above. The data provided in this press release is provided for informational purposes only and does not constitute tax advice. Stockholders are urged to consult their own tax advisors regarding any issues or decisions regarding the proper tax treatment of their shares of Wheeler Real Estate Investment Trust, Inc.

About Wheeler Real Estate Investment Trust, Inc.

Headquartered in Virginia Beach, VA, Wheeler Real Estate Investment Trust, Inc. is a fully-integrated, self-managed commercial real estate investment company focused on owning and operating income-producing retail properties with a primary focus on grocery-anchored centers. Wheeler's portfolio contains well-located, potentially dominant retail properties in secondary and tertiary markets that generate attractive, risk-adjusted returns, with a particular emphasis on grocery-anchored retail centers. For additional information about the Company, please visit: www.whlr.us.

Investor Contact

Mary Jensen - Investor Relations

(757) 627-9088

mjensen@whlr.us