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Investors Real Estate files $150 million shelf for stock, preferreds
By Devika Patel
Knoxville, Tenn., June 29 - Investors Real Estate Trust filed a $150 million common stock and preferred stock shelf registration in an S-3 filing with the Securities and Exchange Commission.
The preferreds may be structured as convertibles.
Proceeds will be used for general business purposes.
Investors Real Estate Trust is a self-advised real estate investment trust based in Minot, N.D.
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