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ICM PROPERTY INVESTORS INCORPORATED ANNOUNCES RESULTS FOR FIRST QUARTER

ICM PROPERTY INVESTORS INCORPORATED ANNOUNCES RESULTS FOR FIRST QUARTER
 NEW YORK, April 21 /PRNewswire/ -- ICM Property Investors Incorporated (NYSE: ICM) announced today its results of operations for the quarter ended March 31, 1992. The real estate investment trust reported a net loss for financial reporting purposes of $1,052,000 ($.18 per share). This compares with a net loss of $512,000 ($.09 per share) for the same period last year.
 It was also reported that no distribution would be made to stockholders for the first quarter of 1992.
 ICM Property Investors is a real estate investment trust with investments in suburban office buildings and industrial properties in seven states.
 ICM PROPERTY INVESTORS INCORPORATED
 First Quarter Ended
 March 31 1992 1991
 Net loss $(1,052,000) $(512,000)
 Net loss per share $(.18) $(.09)
 -0- 4/21/92 R
 /CONTACT: Arthus W. Viner, chairman, 212-486-7050, or Howard Shapiro, senior vice president, treasurer and secretary, 510-283-8910, both of ICM/
 (ICM) CO: ICM Property Investors Incorporated ST: New York IN: FIN SU: ERN


AH-HM -- NY074R -- 0703 04/21/92 13:18 EDT
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Publication:PR Newswire
Date:Apr 21, 1992
Words:180
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