MINOT, N.D., Sept. 25, 2008 (GLOBE NEWSWIRE) -- Investors Real Estate Trust (NasdaqGS:IRET - News) (NasdaqGS:IRETP - News) announces the launch of its newly redesigned corporate website at http://www.iret.com.

IRET has redesigned its website to improve its brand image and online experience for shareholders and visitors. The new website incorporates a fresh design with new corporate colors and easier navigation to important investor information. The website will be more cost effective to maintain as several previously outsourced processes have now been developed and managed internally by the company's Information Technology department.

Content Deeper and More Accessible

The website is organized to provide quick and direct access to all resources for all audiences. Market summary information, company news and new acquisition announcements will be more readily accessible.

Among the features on IRET's website, the ``Investors'' section provides more detailed financial and market information, including peer group analysis, distribution/dividend history, and basis and return calculator functions. An account access feature enables IRET's registered shareholders and limited partners online access to their account information.

About IRET

Investors Real Estate Trust is a self-advised equity real estate investment trust. Its business consists of owning and operating income-producing multi-family residential and commercial properties located primarily in the upper Midwest states of Minnesota and North Dakota. Investors Real Estate Trust is based in Minot, North Dakota, and has additional offices in Minneapolis, Minnesota and Omaha, Nebraska.

The Investors Real Estate Trust logo is available at: http://www.globenewswire.com/newsroom/prs/?pkgid=5183

          Investors Real Estate Trust 
          Michelle R. Saari
          701.837.4738 
          fax: 701.838.7785 
          msaari@iret.com