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UNION DOMINION REALTY TRUST SELLS COMMON STOCK

 UNION DOMINION REALTY TRUST SELLS COMMON STOCK
 RICHMOND, Va., Jan. 23 /PRNewswire/ -- United Dominion Realty


Trust, Inc., announced that it has sold 3,500,000 shares of common stock to the public at a price of $20.50 per share. Proceeds of the offering will be used to repay debt and to acquire additional properties.
 United Dominion Realty Trust is a Richmond-based self- administered equity real estate investment trust that owns and operates primarily apartments in the South Atlantic region from Virginia to Georgia.
 The offering was managed by Merrill Lynch, Pierce, Fenner & Smith Incorporated, Alex. Brown & Sons Incorporated, A.G. Edwards & Sons, Inc. and Scott & Stringfellow Investment Corp.
 The Trust's Common Stock is traded on the New York Stock Exchange under the symbol "UDR."
 -0- 1/23/92
 /CONTACT: John P. McCann, president, or James Dolphin, senior vice president, United Dominion Realty Trust, 804-780-2691/
 (UDR) CO: United Dominion Realty Trust ST: Virginia IN: SU:


TW-SB -- CH003 -- 2655 01/23/92 09:32 EST
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No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 1992 Gale, Cengage Learning. All rights reserved.

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Publication:PR Newswire
Date:Jan 23, 1992
Words:164
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