Investors Real Estate Trust (IRET) Reports In-Line Q4 FFO

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Go back to Investors Real Estate Trust (IRET) Reports In-Line Q4 FFO

Investors Real Estate Trust Announces Financial And Operating Results For The Quarter And Fiscal Year Ended April 30, 2016

June 29, 2016 4:50 PM EDT

MINOT, N.D., June 29, 2016 /PRNewswire/ -- Investors Real Estate Trust (NYSE: IRET) (NYSE: IRETPR) (NYSE: IRETPRB), a self-administered, equity real estate investment trust investing in income-producing properties located primarily in the upper Midwest, today reported its financial and operating results for the quarter and fiscal year ended April 30, 2016.

Fourth Quarter Highlights

Same-store multifamily Net Operating Income ("NOI") growth year over year was up 4.8%, excluding energy impacted markets Reported Funds from Operations ("FFO") of $19.2 million or $0.14... More