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UNITED DOMINION REALTY TRUST SELLS COMMON STOCK

 RICHMOND, Va., July 9 /PRNewswire/ -- United Dominion Realty Trust, Inc. (NYSE: UDR) announced that it has sold 5,300,000 shares of common stock to the public at a price of $13.50 per share. Proceeds of the offering will be used to repay short-term debt and to acquire additional apartments.
 United Dominion Realty Trust is a Richmond-based self-administered equity real estate investment trust that owns and operates primarily apartments in the Southeast from Baltimore/Washington to Tampa, Fla.
 The offering was managed by Merrill Lynch & Co., Alex. Brown & Sons Incorporated, A.G. Edwards & Sons, Inc. and Scott and Stringfellow, Inc.
 The trust's common stock is traded on the New York Stock Exchange under the symbol "UDR."
 -0- 7/9/93
 /CONTACT: John P. McCann, president; James Dolphin, senior vice president; or Jerry A. Davis, vice president, 804-780-2691, all of United Dominion Realty Trust/
 (UDR)


CO: United Dominion Realty Trust ST: Virginia IN: FIN SU: OFR

MH-DS -- DC002 -- 9792 07/09/93 08:57 EDT
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Publication:PR Newswire
Date:Jul 9, 1993
Words:165
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