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PREIT Reports First Quarter 2020 Results and Business Update
News 1 week ago
PREIT Reports First Quarter 2020 Results and Business Update

Core Mall NOI-Weighted Sales per square foot Reached $551 through February Average Renewal Spreads for Wholly-Owned Properties were 4.5% Total...

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PREIT Declares Quarterly Dividend for Common and Preferred Shares
News 1 week ago
PREIT Declares Quarterly Dividend for Common and Preferred Shares

PREIT announced that its Board of Trustees has declared a quarterly cash dividend of $0.02 per common share. The dividend is payable on June 15,...

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PREIT Schedules First Quarter 2020 Earnings Release
News 2 weeks ago
PREIT Schedules First Quarter 2020 Earnings Release

PREIT intends to release its financial results for the quarter ending March 31, 2020 before market trading commences on Thursday, May 21, 2020. As...

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PREIT Launches ‘Shop Local’ Website
News 1 month ago
PREIT Launches ‘Shop Local’ Website

Increasing Reach of its Small Business Partners’ Ecommerce Platforms Today, PREIT launched Shop Local pages on all of its mall websites, an...

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PREIT Provides COVID-19 Update
News 1 month ago
PREIT Provides COVID-19 Update

Today we provided an update on its efforts to stabilize cash flow while operations are temporarily suspended, concurrently positioning itself for a...

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We're In This Together
News 1 month ago
We're In This Together

We're all navigating these unprecedented times together, as communities, citizens, and business owners alike. People are coming together,...

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PREIT Takes Steps to Improve Liquidity Position
News 1 month ago
PREIT Takes Steps to Improve Liquidity Position

Reduces Common Dividend Executes Credit Facility Amendment Significantly Reduces Capital Spending and Operating Costs Philadelphia, March 31, 2020 ...

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PREIT Provides COVID-19 Business Update
News 2 months ago
PREIT Provides COVID-19 Business Update

PREIT (NYSE: PEI) today reported on various aspects of its business during the COVID-19 pandemic sweeping across the Unites States. PREIT employees...

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PREIT Reports Fourth Quarter and Full Year 2019 Results and Provides Balance Sheet Strategy Update
News 3 months ago
PREIT Reports Fourth Quarter and Full Year 2019 Results and Provides Balance Sheet Strategy Update

Executed Agreements of Sale for $313 Million in Gross Proceeds Core Mall NOI-Weighted Sales per square foot Reached $547 Core Mall Leased Space...

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Fashion District Philadelphia Announces Impactful Opening Results
News 3 months ago
Fashion District Philadelphia Announces Impactful Opening Results

Momentum Continues with Notable Brands Industrious, Kate Spade New York and Others Fashion District Philadelphia, a joint venture partnership...

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PREIT to Present at Citi 2020 Global Property CEO Conference
News 3 months ago
PREIT to Present at Citi 2020 Global Property CEO Conference

Pennsylvania Real Estate Investment Trust (NYSE: PEI) today announced that Joseph Coradino, Chief Executive Officer, and Mario Ventresca, Executive...

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PREIT Has a Winning Start to 2020
News 3 months ago
PREIT Has a Winning Start to 2020

Our teams’ work on two of PREIT’s largest projects of 2019, Fashion District Philadelphia and Woodland Mall, continue to receive praise. We are...

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PREIT Declares Quarterly Dividend for Common and Preferred Shares
News 3 months ago
PREIT Declares Quarterly Dividend for Common and Preferred Shares

Pennsylvania Real Estate Investment Trust (NYSE: PEI) announced that its Board of Trustees has declared a quarterly cash dividend of $0.21 per...

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Center Court – PREIT Malls are Feeling the Love this Valentine’s Day
News 3 months ago
Center Court – PREIT Malls are Feeling the Love this Valentine’s Day

It may not come as a surprise that candy is still the most popular Valentine’s Day gift, but according to Coresight Research, giving the gift of a...

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Successful Redevelopments Create Momentum for PREIT's Portfolio
News 3 months ago
Successful Redevelopments Create Momentum for PREIT's Portfolio

More than 150,000 square feet of new tenants will open in the next six months in four key redevelopment projects Philadelphia, PA, February 10,...

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PREIT Portfolio Generates Strong Results During 2019 Holiday Season
News 3 months ago
PREIT Portfolio Generates Strong Results During 2019 Holiday Season

Recently redeveloped assets report double-digit YoY traffic growth Portfolio-wide holiday sales improved 4.2% PREIT (NYSE: PEI) today reports...

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PREIT Schedules Fourth Quarter 2019 Earnings Release and Conference Call
News 3 months ago
PREIT Schedules Fourth Quarter 2019 Earnings Release and Conference Call

Pennsylvania Real Estate Investment Trust (PREIT/NYSE: PEI) intends to release its financial results for the quarter ending December 31, 2019 after...

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Center Court: Get Game Day Ready!
News 4 months ago
Center Court: Get Game Day Ready!

Football season is almost over, and you know what that means…The Super Bowl is days away! As you gear up for the big game, PREIT malls have...

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PREIT Reports Tax Status of 2019 Distributions
News 4 months ago
PREIT Reports Tax Status of 2019 Distributions

PREIT (NYSE: PEI) today announced that the tax status of the distributions paid per share during 2019 is as follows: COMMON SHARES IRS Form 1099...

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Center Court: PREIT’s Top Ten Hits of the Decade
News 4 months ago
Center Court: PREIT’s Top Ten Hits of the Decade

2019 has come and gone, marking the end of a tremendous year for PREIT and a transformative decade. Through the whirlwind of changes in the retail...

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Center Court: ‘Tis the Season to Celebrate at PREIT Malls
News 5 months ago
Center Court: ‘Tis the Season to Celebrate at PREIT Malls

It’s the most wonderful time of the year to visit your local PREIT mall and enjoy holiday festivities with the entire family. We are celebrating...

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PREIT Reports Significant Increase in Traffic at Recently Opened Redevelopments Over Thanksgiving Weekend
News 5 months ago
PREIT Reports Significant Increase in Traffic at Recently Opened Redevelopments Over Thanksgiving Weekend

PREIT (NYSE: PEI) today announces robust results at its key redevelopment projects to jump-start the holiday shopping season. PREIT’s long-term...

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