American Financial Realty Trust Announces Contract to Acquire Credit Card Operations Center

JENKINTOWN, PA – American Financial Realty Trust (NYSE: AFR), a real estate investment trust focused on acquiring and leasing properties occupied by financial institutions, today announced that it has recently signed a contract to acquire a 158,000 square foot property in Sioux Falls, South Dakota. The property is entirely occupied by a subsidiary of HSBC Holdings, plc on an effective net basis through November 2013. This property was previously identified as the “Central U.S. Office Building” in the Company’s Prospectus Supplement dated May 4, 2005 issued in connection with the Company’s completed public offering of 16,750,000 common shares.

“We are extremely pleased to announce this acquisition, the Company’s first property in South Dakota,” said Nicholas S. Schorsch, president and chief executive officer. “This agreement not only represents a significant addition to our portfolio, but also an important relationship with a new financial services client, HSBC Card Services, Inc. It is a further example of AFR’s commitment to its core focus to serve financial institutions as well as a demonstration of the continued strength of our acquisition pipeline,” said Schorsch.