UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
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FORM 8-K
CURRENT REPORT
PURSUANT TO SECTION 13 OR 15(d) OF THE
SECURITIES EXCHANGE ACT OF 1934
Date of Report: May 10, 1995
Date of Earliest Event Reported: May 4, 1995
PRUDENTIAL REALTY TRUST
(Exact name of Registrant as specified in its charter)
Massachusetts 1-8965 22-6400284
(State or other (Commission (IRS Employer
jurisdiction) File Number) Identification No.)
Prudential Plaza, New Jersey 07102
(Address of principal executive offices) (Zip Code)
(201) 802-4302
(Registrant's Telephone Number, including area code)
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Item 5. Other Events
In a press release on May 4, 1995, Prudential Realty Trust, a
Massachusetts Business Trust, announced a dividend declaration of
$0.09 per Income Share (NYSE symbol - PRTpfd) from Distributable
Cash. The dividend is payable on June 1, 1995 to Income
Shareholders of record on May 18, 1995.
The Trust also announced Net Income for the quarter ended March
31, 1995 of approximately $82,000 and Distributable Cash of
approximately $1,002,150. The amount of cash available for
distribution exceeded Net Income due primarily to non-cash
charges for depreciation of properties. The Trust realized Net
Income per Income Share (PRTpfd) of approximately $0.01 and
Distributable Cash per Income Share (PRTpfd) of $0.09.
A summary of the Trust's comparative financial results follows:
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Quarter Ended March 31,
1995 1994
<S> <C> <C>
Net Income (loss) $ 81,775 $ -146,157
Distributable Cash $ 1,002,150 556,750
Net Income (loss) per Income Share
(PRTpfd) $0.01 $-0.01
Distributable Cash per Income Share $0.09 $0.05
(PRTpfd)
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In a seperate press release on May 4, 1995, the Trust also
announced the re-election of its five Trustees: Mr. Richard J.
Boyle, Mr. Francis L. Bryant, Mr. Thomas F. Murray, Mr. Jeffrey
L. Danker, and Mr. Joseph M. Selzer.
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S I G N A T U R E
Pursuant to the requirements of the Securities and Exchange Act
of 1934, the registrant has duly caused this report to be signed
on its behalf by the undersigned hereunto duly authorized.
Prudential Realty Trust
(Registrant)
Date: May 10, 1995 By: /s/ James W. McCarthy
James W. McCarthy,
Vice President,
Comptroller and
Principal Accounting
Officer
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