Centerspace traded at $56.40 this Tuesday June 23rd, increasing $1.06 or 1.92 percent since the previous trading session. Looking back, over the last four weeks, Centerspace gained 17.24 percent. Over the last 12 months, its price fell by 9.25 percent. Looking ahead, we forecast Centerspace to be priced at 54.50 by the end of this quarter and at 51.20 in one year, according to Trading Economics global macro models projections and analysts expectations.
Centerspace, formerly Investors Real Estate Trust, is a real estate development company. The Company is focused on the ownership, management, acquisitions, redevelopment and development of apartment communities. The Company owns approximately 65 apartment communities consisting of 11,579 apartment homes. Colorado, Minnesota, Montana, Nebraska, North Dakota, and South Dakota. Its properties include Parkhouse Apartment Homes, Westend Apartments, Castlerock Apartment Homes and Greenfield Apartments, Cimarron Hills Apartments, Plaza Apartments, South Pointe Apartment Homes, The Gardens Apartments, The Meadows Apartments, Canyon Lake Apartments, Pointe West Apartments, Homestead Garden, Silver Springs Apartments and Alps Park apartment.