MINNEAPOLIS, Dec. 9, 2020 /PRNewswire/ -- NYSE: IRET.
IRET, a real estate company focused on the ownership, management,
acquisition, and development of apartment communities announces
that it is now Centerspace. The name and new brand platform reflect
both the evolution of the company and its vision for the future. A
redesigned company logo and website will be launched on
December 10th. The legal name of the
company will continue to be Investors Real Estate Trust, doing
business as Centerspace. The company will refer to itself as
Centerspace immediately and beginning December 21, 2020 its common shares of beneficial
interest trading on the New York Stock Exchange under the ticker
symbol "CSR", and its Series C Cumulative Redeemable Preferred
Shares trading under the ticker symbol "CSR PRC." Outstanding share
certificates of the company continue to be valid and will not be
exchanged.
"The new name and brand platform embody our desire to provide
better every days for our residents and team as we work to create
belonging, satisfaction, purpose and growth. This is our way
forward," said Mark O. Decker, Jr,
President and CEO of Centerspace. "We are proud of our previous 50
years and are excited for the future as Centerspace."
To learn more about Centerspace, visit our website at
www.centerspacehomes.com.
About Centerspace
Centerspace is a real estate development company focused on the
ownership, management, acquisitions, redevelopment, and development
of apartment communities. Currently, it owns 67 apartment
communities consisting of 11,910 apartment homes. For more
information please visit www.centerspacehomes.com or by calling
Investor Relations at 701-837-7104.
Contact Information
Emily Miller
Investor Relations
Phone: 701-837-7104
E-mail: IR@centerspacehomes.com
View original content to download
multimedia:http://www.prnewswire.com/news-releases/iret-is-now-centerspace-301189879.html
SOURCE Centerspace