How does the distribution reinvestment plan work?
IRET’s Distribution Reinvestment & Share Purchase Plan (IRET Direct) provides holders of IRET’s common shares of beneficial interest, and holders of limited partnership units of IRET Properties, a convenient way to purchase additional IRET common shares by electing to have the distributions on some or all of your common shares and/or units automatically reinvested in additional IRET common shares. Under the plan, common shares are acquired at a discount of 5% below the market price for our common shares. For more information about IRET, please visit our Distribution Reinvestment & Share Purchase Plan page.