CENTERSPACE — Director's Dealing 2014

Jan 8, 2014

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: INVESTORS REAL ESTATE TRUST (IRET)
CIK: 0000798359
Period of Report: 2014-01-06

Reporting Person: Maxwell Terrance P (Director)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2014-01-06	Common Shares of Beneficial Interest	P	988.117	$8.1797	Acquired	988.117	Direct

Footnotes

F1: Voluntary cash contribution under the issuer's Distribution Reinvestment and Share Purchase Plan.