INVESTORS REAL ESTATE TRUST (NYSE:IRET) Files An 8-K Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers

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INVESTORS REAL ESTATE TRUST (NYSE:IRET) Files An 8-K Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers
Item 7.01. Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.

On February15, 2018, the Board of Trustees of Investors Real Estate Trust (“IRET”) appointed Emily Nagle Green and Mary J. Twinem as trustees of IRET’s Board of Trustees, whose terms of office expire at the 2018 Annual Meeting of Shareholders and until their successors are elected and qualified. The Board determined that both Ms.Green and Ms.Twinem qualify as “independent directors” in accordance with the listing standards of the New York Stock Exchange (NYSE).

Item 7.01. Regulation FD Disclosure.

On February20, 2018,IRET issued a press release announcing the appointment of Ms.Green and Ms.Twinem to its Board of Trustees. The press release announcing these appointments is attached hereto as Exhibit99.1.

The information set forth in this Item 7.01, including Exhibit99.1, is being furnished to Item 7.01 and shall not be deemed “filed” for purposes of Section18 of the Securities Exchange Act of 1934, as amended (the “Exchange Act”), or otherwise subject to the liabilities of that Section, and it shall not be deemed incorporated by reference in any filing under the Securities Act of 1933, as amended, or under the Exchange Act, except as expressly provided by specific reference in such a filing.

Item 7.01 Financial Statements and Exhibits.

(d) Exhibits

Exhibit

Number

Description

99.1

Press Release dated February20, 2018.


INVESTORS REAL ESTATE TRUST Exhibit
EX-99.1 2 a18-6329_1ex99d1.htm EX-99.1 Exhibit 99.1     IRET Adds Two Independent Trustees to its Board of Trustees   MINOT,…
To view the full exhibit click here

About INVESTORS REAL ESTATE TRUST (NYSE:IRET)

Investors Real Estate Trust is a self-advised equity real estate investment trust (REIT). The Company’s business consists of owning and operating income-producing real estate properties. Its segments include Multifamily, Healthcare and All Other. Its investments consist of multifamily and healthcare properties located primarily in the upper Midwest states of Minnesota and North Dakota. It conducts its business operations through its operating partnership, IRET Properties, which is principally engaged in acquiring, owning, operating and leasing real estate. It invests in multifamily properties and commercial properties that are leased to single or multiple tenants, usually for approximately five years or longer. As of April 30, 2016, the Company held for investment 99 multifamily properties containing 12,950 apartment units and 47 commercial properties, consisting of healthcare, industrial, office and retail, containing approximately 2.9 million square feet of leasable space.