• Live Feeds
    • Press Releases
    • Insider Trading
    • FDA Approvals
    • Analyst Ratings
    • Insider Trading
    • SEC filings
    • Market insights
  • Analyst Ratings
  • Alerts
  • Subscriptions
  • Settings
  • RSS Feeds
Quantisnow Logo
  • Live Feeds
    • Press Releases
    • Insider Trading
    • FDA Approvals
    • Analyst Ratings
    • Insider Trading
    • SEC filings
    • Market insights
  • Analyst Ratings
  • Alerts
  • Subscriptions
  • Settings
  • RSS Feeds
Dashboard
    Quantisnow Logo

    © 2025 quantisnow.com
    Democratizing insights since 2022

    Services
    Live news feedsRSS FeedsAlerts
    Company
    AboutQuantisnow PlusContactJobs
    Legal
    Terms of usePrivacy policyCookie policy

    Pennsylvania Real Estate Investment Trust filed SEC Form 8-K: Results of Operations and Financial Condition, Financial Statements and Exhibits

    8/3/23 7:53:54 AM ET
    $PEI
    Real Estate Investment Trusts
    Real Estate
    Get the next $PEI alert in real time by email
    8-K
    0000077281falseNONENONENONENONE0000077281us-gaap:SeriesCPreferredStockMember2023-08-032023-08-030000077281us-gaap:SeriesBPreferredStockMember2023-08-032023-08-0300000772812023-08-032023-08-030000077281pret:SharesOfBeneficialInterestParValue1.00PerShareMember2023-08-032023-08-030000077281us-gaap:SeriesDPreferredStockMember2023-08-032023-08-03

     

     

    UNITED STATES

    SECURITIES AND EXCHANGE COMMISSION

    WASHINGTON, D.C. 20549

    FORM 8-K

    CURRENT REPORT

    Pursuant to Section 13 OR 15(d)

    of The Securities Exchange Act of 1934

    Date of report (Date of earliest event reported): August 3, 2023

    Pennsylvania Real Estate Investment Trust

    (Exact Name of Registrant as Specified in its Charter)

     

     

     

     

    Pennsylvania

    001-6300

    23-6216339

    (State or Other Jurisdiction
    of Incorporation or Organization)

    (Commission
    File Number)

    (IRS Employer
    Identification No.)

     

     

    One Commerce Square

    2005 Market Street, Suite 1000

    Philadelphia, Pennsylvania

     

     

    19103

    (Address of Principal Executive Offices)

    (Zip Code)

    Registrant's telephone number, including area code: (215) 875-0700

     

    (Former Name or Former Address, if Changed Since Last Report)

     

    Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:

    ☐

    Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

    ☐

    Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

    ☐

    Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

    ☐

    Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

     

    Securities registered pursuant to Section 12(b) of the Act: None*

    Title of each class

    Trading Symbol(s)

    Name of each exchange on which registered

    Shares of Beneficial Interest, par value $1.00 per share

    PRET

    *

    Series B Preferred Shares, par value $0.01 per share

    PRETL

    *

    Series C Preferred Shares, par value $0.01 per share

    PRETM

    *

    Series D Preferred Shares, par value $0.01 per share

    PRETN

    *

    *Pennsylvania Real Estate Investment Trust's securities began trading exclusively on the over-the-counter market on December 16, 2022 and now trades on OTCQB under the symbols, PRET, PRETL, PRETM, and PRETN.

     

    Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).

     

     


     

     

    Emerging growth company ☐

    If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ☐

     

     

     

    Item 2.02

    Results of Operations and Financial Condition.

    On August 3, 2023, Pennsylvania Real Estate Investment Trust issued a press release reporting its financial results for the second quarter ended June 30, 2023. A copy of the press release is attached as Exhibit 99.1 to this report.

    The information furnished under this "Item 2.02. Results of Operations and Financial Condition" shall not be deemed filed for purposes of Section 18 of the Securities Exchange Act of 1934, nor shall it be deemed incorporated by reference in any filing under the Securities Act of 1933, except as shall be expressly set forth by specific reference in such a filing.

    Item 9.01

    Financial Statements and Exhibits.

      99.1

    Press release dated August 3, 2023

      104

    Cover Page Interactive Data File, formatted in Inline XBRL (embedded within the Inline XBRL document).

     

    Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

     

     

     

     

     

     

     

    PENNSYLVANIA REAL ESTATE INVESTMENT TRUST

    Date: August 3, 2023

    By:

    /s/ Lisa M. Most

    Lisa M. Most

    Executive Vice President, Secretary and General Counsel

     

     

     

     

     

     

     

     

     

     

     

     

     

     

     

     

     

     

     

     


    Get the next $PEI alert in real time by email

    Chat with this insight

    Save time and jump to the most important pieces.

    Recent Analyst Ratings for
    $PEI

    DatePrice TargetRatingAnalyst
    More analyst ratings

    $PEI
    Press Releases

    Fastest customizable press release news feed in the world

    See more
    • PREIT Announces Burlington as One of Many New Additions Joining Springfield Town Center

      75,000 Square Feet of Retail and Entertainment Space Set to Open in 2023 Occupancy to Reach Record 95.5% Upon Opening of LEGO Discovery Center and Burlington Approvals Recently Obtained for 460 Apartments and 165 Room Hotel PHILADELPHIA, Jan. 5, 2023 /PRNewswire/ -- PREIT , today, announced that it has signed a lease with Burlington Stores for a new 30,000 square foot store at Springfield Town Center in Fairfax County, VA, expected to open in 2023. It will join the new LEGO ® Discovery Center and several other new additions including Lovisa, BoxLunch, Daily Thread and Carters among others. The opening of these new tenants will drive occupancy at Springfield Town Center to a record 95.5%

      1/5/23 6:55:00 AM ET
      $PEI
      Real Estate Investment Trusts
      Real Estate
    • PREIT Announces Plan to Commence Trading on OTC Markets

      Trust has Applied to OTCQX® PHILADELPHIA, Dec. 15, 2022 /PRNewswire/ -- PREIT announced today that it intends to transfer the trading of its shares to the OTC Markets, operated by the OTC Markets Group, Inc., under the symbols PRET, PRETL, PRETM, and PRETN, where PREIT has applied to be traded on the OTCQX®. The transition to the over-the-counter market will not affect the Company's business operations and PREIT will continue to create the compelling experiences our shoppers and tenants seek, adding new tenants and experiences to its properties.  The Company remains focused on improving its balance sheet, having recently extended its Credit Facilities and obtained approvals for multi-family

      12/15/22 7:46:00 PM ET
      $PEI
      Real Estate Investment Trusts
      Real Estate
    • PREIT Portfolio Continues to Attract a Broad Range of New Tenants

      Attractive Properties Build on Momentum of 2021 Record New Leasing and nearly 5% YOY Occupancy Growth PHILADELPHIA, Dec. 14, 2022 /PRNewswire/ -- PREIT (NYSE:PEI), today announced execution of leases with new tenants throughout its portfolio, highlighting the compelling nature of its footprint to expanding retailers. www.preit.com or on Twitter or LinkedIn. (PRNewsFoto/PREIT) (PRNewsFoto/)" alt="PREIT has a primary focus on the ownership and management of differentiated retail shopping malls crafted to fit the dynamic communities they serve. The Company operates properties in 12 states in the eastern U.S. with concentration

      12/14/22 6:55:00 AM ET
      $PEI
      Real Estate Investment Trusts
      Real Estate

    $PEI
    Large Ownership Changes

    This live feed shows all institutional transactions in real time.

    See more
    • SEC Form SC 13D/A filed by Pennsylvania Real Estate Investment Trust (Amendment)

      SC 13D/A - PENNSYLVANIA REAL ESTATE INVESTMENT TRUST (0000077281) (Subject)

      7/12/23 3:29:23 PM ET
      $PEI
      Real Estate Investment Trusts
      Real Estate
    • SEC Form SC 13D/A filed by Pennsylvania Real Estate Investment Trust (Amendment)

      SC 13D/A - PENNSYLVANIA REAL ESTATE INVESTMENT TRUST (0000077281) (Subject)

      3/21/23 2:18:16 PM ET
      $PEI
      Real Estate Investment Trusts
      Real Estate
    • SEC Form SC 13D/A filed by Pennsylvania Real Estate Investment Trust (Amendment)

      SC 13D/A - PENNSYLVANIA REAL ESTATE INVESTMENT TRUST (0000077281) (Subject)

      7/12/22 2:55:15 PM ET
      $PEI
      Real Estate Investment Trusts
      Real Estate

    $PEI
    Financials

    Live finance-specific insights

    See more
    • PREIT Reports Third Quarter 2022 Results

      Core Mall Total Occupancy Increased 480 Basis Points to 94.4% Core Mall Sales Per Square Foot Were $592 in September, up 10.4% compared to 2019 Average Renewal Spreads were 8.7% for the Quarter Ended September 30 PHILADELPHIA, Nov. 8, 2022 /PRNewswire/ -- PREIT (NYSE:PEI) today reported results for the three and nine months ended September 30, 2022.  A description of each non-GAAP financial measure and the related reconciliation to the comparable GAAP financial measure is provided in the tables accompanying this release. www.preit.com or on Twitter or LinkedIn. (PRNewsFoto/PREIT) (PRNewsFoto/)" alt="PREIT has a primary focus

      11/8/22 6:55:00 AM ET
      $PEI
      Real Estate Investment Trusts
      Real Estate
    • PREIT Schedules Third Quarter 2022 Earnings Release and Conference Call

      PHILADELPHIA, Oct. 11, 2022 /PRNewswire/ -- PREIT (NYSE:PEI) intends to release its financial results for the quarter ending September 30, 2022 before market trading begins on Tuesday, November 8, 2022.  www.preit.com or on Twitter or LinkedIn. (PRNewsFoto/PREIT) (PRNewsFoto/)" alt="PREIT has a primary focus on the ownership and management of differentiated retail shopping malls crafted to fit the dynamic communities they serve. The Company operates properties in 12 states in the eastern U.S. with concentration in the Mid-Atlantic and Greater Philadelphia region. The Company is headquartered in Philadelphia, Pennsylvania. Mo

      10/11/22 4:35:00 PM ET
      $PEI
      Real Estate Investment Trusts
      Real Estate
    • PREIT Reports Second Quarter 2022 Results

      Total Core Mall Leased Space Strong at 95.0% Core Mall Sales Per Square Foot Reached $605 in June, up 12.2% compared to 2019 Average Renewal Spreads were 2.3% for the Six Months Ended June 30th Core Mall Total Occupancy Increased 480 Basis Points to 93.8% PHILADELPHIA, Aug. 9, 2022 /PRNewswire/ -- PREIT (NYSE:PEI) today reported results for the three and six months ended June 30, 2022.  A description of each non-GAAP financial measure and the related reconciliation to the comparable GAAP financial measure is provided in the tables accompanying this release. www.preit.com or on Twitter or LinkedIn. (PRNewsFoto/PREIT) (PRNewsF

      8/9/22 6:55:00 AM ET
      $PEI
      Real Estate Investment Trusts
      Real Estate

    $PEI
    Insider Trading

    Insider transactions reveal critical sentiment about the company from key stakeholders. See them live in this feed.

    See more
    • SEC Form 4: Swann Christopher converted options into 25,300 units of Shares of Beneficial Interest and returned $14,973 worth of Shares of Beneficial Interest to the company (25,300 units at $0.59)

      4 - PENNSYLVANIA REAL ESTATE INVESTMENT TRUST (0000077281) (Issuer)

      8/7/23 5:25:25 PM ET
      $PEI
      Real Estate Investment Trusts
      Real Estate
    • SEC Form 4: Hart Kenneth B. converted options into 25,300 units of Shares of Beneficial Interest and returned $14,973 worth of Shares of Beneficial Interest to the company (25,300 units at $0.59)

      4 - PENNSYLVANIA REAL ESTATE INVESTMENT TRUST (0000077281) (Issuer)

      8/7/23 5:24:45 PM ET
      $PEI
      Real Estate Investment Trusts
      Real Estate
    • SEC Form 4 filed by Hart Kenneth B.

      4 - PENNSYLVANIA REAL ESTATE INVESTMENT TRUST (0000077281) (Issuer)

      6/14/23 4:33:14 PM ET
      $PEI
      Real Estate Investment Trusts
      Real Estate

    $PEI
    SEC Filings

    See more
    • SEC Form 8-K filed by Pennsylvania Real Estate Investment Trust

      8-K - PENNSYLVANIA REAL ESTATE INVESTMENT TRUST (0000077281) (Filer)

      1/29/24 4:30:40 PM ET
      $PEI
      Real Estate Investment Trusts
      Real Estate
    • Pennsylvania Real Estate Investment Trust filed SEC Form 8-K: Entry into a Material Definitive Agreement, Financial Statements and Exhibits

      8-K - PENNSYLVANIA REAL ESTATE INVESTMENT TRUST (0000077281) (Filer)

      12/20/23 4:05:37 PM ET
      $PEI
      Real Estate Investment Trusts
      Real Estate
    • Pennsylvania Real Estate Investment Trust filed SEC Form 8-K: Bankruptcy or Receivership, Other Events, Financial Statements and Exhibits

      8-K - PENNSYLVANIA REAL ESTATE INVESTMENT TRUST (0000077281) (Filer)

      12/14/23 5:07:33 PM ET
      $PEI
      Real Estate Investment Trusts
      Real Estate