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Investors Real Estate Trust (IRET) Prices 8M Shares at $8.25

October 6, 2009 9:06 AM EDT
Investors Real Estate Trust (Nasdaq: IRET) announced the pricing of its public offering of 8,000,000 common shares of beneficial interest at $8.25 per share.

The Company intends to use the net proceeds from the offering for general corporate purposes, including the acquisition, development, renovation, expansion or improvement of income-producing real estate properties and debt repayment.

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