HRE PROPERTIES &lt;HRE> 1ST QTR JAN 31 NET

  Shr 38 cts vs 47 cts
      Net 2,253,664 vs 2,806,820
      Gross income 5,173,318 vs 5,873,904
      NOTE: Net includes gains on sale of real estate of 126,117
  dlrs vs 29,812 dlrs.
  

