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THE PRICE REIT INC. ANNOUNCES INCREASE IN DIVIDENDS

 SAN DIEGO, June 1 /PRNewswire/ -- The board of directors of The Price REIT Inc. (NASDAQ: PRET) declared a second quarter distribution of $0.60 per share, up from the previous quarter of $0.58 per share. The distribution is payable June 30 to shareholders of record June 14.
 The Price REIT is a self-administered real estate investment trust with invested assets of approximately $147,000,000. It currently owns outright or has an interest through its joint venture with The Price Company in retail properties totalling 2.2 million square feet.
 -0- 6/1/93
 /CONTACT: George Jezek of The Price REIT, 619-551-2320/
 (PRET)


CO: The Price REIT Inc. ST: California IN: FIN SU: DIV

JL -- SD003 -- 4132 06/01/93 16:55 EDT
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No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 1993 Gale, Cengage Learning. All rights reserved.

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Publication:PR Newswire
Date:Jun 1, 1993
Words:124
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