Item 5.03.  Amendments to Articles of Incorporation or Bylaws; Change in Fiscal
Year.
Effective April 27, 2020, the Board of Trustees of Investors Real Estate Trust
(the "Company") approved amendments to the Company's Sixth Restated Trustee's
Regulations (the "Bylaws") to permit the Company's annual and special meetings
of shareholders to be held by any means of remote communication authorized by
the State of North Dakota. The Board also approved certain other clarifying
changes to the Bylaws. In accordance with SEC regulations, the Bylaws, as
amended, are filed herewith.
Item 7.01.   Regulation FD Disclosure.
On May 1, 2020, IRET issued a press release announcing a change in the Company's
2020 Annual Meeting of Shareholders from an in-person meeting to a virtual-only
meeting due to the effects of the COVID-19 pandemic. The press release
announcing this change is attached hereto as Exhibit 99.1.
The information set forth in this Item 7.01, including Exhibit 99.1, is being
furnished pursuant to Item 7.01 and shall not be deemed "filed" for purposes of
Section 18 of the Securities Exchange Act of 1934, as amended (the "Exchange
Act"), or otherwise subject to the liabilities of that Section, and it shall not
be deemed incorporated by reference in any filing under the Securities Act of
1933, as amended, or under the Exchange Act, except as expressly provided by
specific reference in such a filing.
Item 9.01  Financial Statements and Exhibits.
Exhibits

Exhibit
Number     Description
  3.1        Seventh Restated Trustee's Regulations (Bylaws) adopted April 27,
           2020.
  99.1*      Press Release dated May 1, 2020  .
101        Cover Page Interactive Data File - the cover page XBRL tags are
           embedded within the Inline XBRL Document.

* Filed herewith

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