Investors Real Estate Trust

Investors Real Estate Trust (IRET) was founded in 1970 and is headquartered in Minot, North Dakota, with an additional office in Eden Prairie, Minnesota. IRET owns a diversified portfolio of income-producing properties, with over $2 billion in assets as of the end of our most recent fiscal year. IRET's multi-family residential, office, medical, industrial and retail properties are located in 9 states, primarily in the Upper Midwest. The management and staff of Investors Real Estate Trust are firmly dedicated to the mission of our trustees: creating value for our shareholders. This commitment is evident in the success and growth experienced throughout IRET's history.
Type
Public
HQ
Minot, US
Founded
1970
Employees
387 (est)
Investors Real Estate Trust was founded in 1970 and is headquartered in Minot, US

Investors Real Estate Trust Locations

Minot, US
Burnsville, US
Eagan, US
Minneapolis, US
Rochester, US
Golden Valley, US
Lincoln, US
Omaha, US
Edina, US
Sioux Falls, US

Investors Real Estate Trust Metrics

Investors Real Estate Trust Summary

Market capitalization

$843 M

Closing share price

$6.85
Investors Real Estate Trust's current market capitalization is $843 M.

Investors Real Estate Trust Financials

Investors Real Estate Trust's revenue is $537 M in FY, 2016 which is 605.78% increase from the previous period.
FY, 2011FY, 2012FY, 2013FY, 2014FY, 2015FY, 2016

Revenue

$80.9 M$76 M$537 M

Operating income

$33.1 M$78.7 M$39.5 M

Net Income

$-16.9 M$28.7 M$76.6 M

Operating cash flow

$-46.9 M$1.7 M$17.7 M

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