CENTERSPACE — Director's Dealing 2011

Jun 23, 2011

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: INVESTORS REAL ESTATE TRUST (iret)
CIK: 0000798359
Period of Report: 2011-06-21

Reporting Person: REED JOHN T (Director)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2011-06-21	Common Shares of Beneficial Interest	A	1000	—	Acquired	22043	Direct

Footnotes

F1: Grant of stock bonus exempt under Rule 16b-3; awarded pursuant to 2008 Incentive Award Plan of IRET and IRET Properties.