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Corporate Profile for Western Investment Real Estate Trust, dated May 3, 1996.


--(BUSINESS WIRE)--The following Corporate Profile is available for inclusion in your files. News releases for this client are distributed by Business Wire and also become part of the leading databases and information services See Information Systems. .

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Published date:   May 3, 1996


Company name:     Western Investment Real Estate Trust


Address:          3450 California Street
                  San Francisco, CA 94118


Telephone No.:    415/929-0211


Chief Executive
 Officer:         O.A. Talmage


President:        William A. Talmage


Chief Financial
 Officer:         Dennis D. Ryan


Investor Relations
 Contact:         Barbara J. Donham
 Business number: 415/929-1314 Ext. 337


Public Relations
 Contact:         Barbara J. Donham
 Business number: 415/929-1314 Ext. 337


Trading symbol:   WIR


Industry:         Real Estate




Company description: Western Investment Real Estate Trust -- an equity real estate investment trust (REIT REIT

See: Real Estate Investment Trust


REIT

See real estate investment trust (REIT).
) -- is a dominant owner of community shopping centers in Northern California and Northern Nevada. At Dec. 31, 1995, the company's real estate portfolio of 4.8 million square feet of gross leasable area Gross leasable area (GLA) in the retail development industry is a term applied to shopping malls, lifestyle centers, outlet malls and other retail centers to indicate the amount of floor space available to be rented.  comprised 62 properties, including 50 retail properties. The majority of Western's retail properties are anchored by grocery superstores and major drug stores.

Western, a self-administered and fully integrated real estate operating company operating company

A business that engages in transactions with outsiders.
, owns and manages quality properties that offer opportunities for growth in cash flow. The company's goal is to provide shareholders with increasing cash dividends and appreciating property values through its expertise in property acquisition, asset management and development.

Western was founded in 1962. For more than 30 years Western has continuously paid quarterly cash dividends to its shareholders. Its shares are listed on the American Stock Exchange American Stock Exchange (AMEX)

Stock exchange in the U.S. Originally known as “the Curb,” it began as an outdoor marketplace in New York City c. 1850. It moved indoors to its present location in the Wall Street area in 1921.
 under the symbol WIR WIR Wilhelm Imaging Research, Inc.
WIR When It's Ready (Borland)
WIR Walk in Robe (real estate ads, Australia)
WIR World In Review (news magazine)
WIR Weekly Intelligence Review
.

CONTACT: Western Investment Real Estate Trust
COPYRIGHT 1996 Business Wire
No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 1996, Gale Group. All rights reserved. Gale Group is a Thomson Corporation Company.

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Publication:Business Wire
Date:May 3, 1996
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