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MONMOUTH REAL ESTATE INVESTMENT CORPORATION RATED TOP PERFORMING REIT IN THE COUNTRY

 EATONTOWN, N.J., June 17 /PRNewswire/ -- Monmouth Real Estate Investment Corporation (NASDAQ-NMS: MNRTA) was rated the Number One performing REIT in the country. The rating was based on the ten-year total return to investors. Total return includes dividends and stock market appreciation. The analysis was done by Realty Stock Review.
 Top Five Performing REITs in the Country for the Past Decade
 Exchange/ REIT Trailing Trailing Trailing
 Symbol 3-Year 5-Year 10-Year
 Total Total Total
 Return Return Return
 NASDAQ/MNRTA Monmouth Real
 Estate Investment
 Corporation 18.27 pct. 15.46 pct. 45.27 pct.
 N/VNO Vornado Realty
 Trust 57.57 pct. 32.53 pct. 33.16 pct.
 N/UDR United Dominion
 Realty Trust 33.03 pct. 24.55 pct. 27.48 pct.
 A/WRE Washington Real
 Estate Investment
 Trust 25.57 pct. 21.10 pct. 25.44 pct.
 N/MRY Merry Ld. &
 Investment Inc. 57.18 pct. 22.95 pct. 20.37 pct.
 The National Association of Real Estate Investment Trusts reported that the total return for all REITs through May 31, 1993, for the past ten years was 7.68 percent.
 Monmouth Real Estate Investment Corporation is headquartered in Eatontown. Its shares are traded on the NASDAQ National Market System under the symbol MNRTA.
 -0- 6/17/93
 /CONTACT: Rose Marie Faccone of Monmouth Real Estate Investment Corporation, 908-542-4927/
 (MNRTA)


CO: Monmouth Real Estate Investment Corporation ST: New Jersey IN: SU:

PS-OS -- NY035 -- 2989 06/17/93 10:13 EDT
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Publication:PR Newswire
Date:Jun 17, 1993
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