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PREIT Opens Q&A Platform for Shareholders Ahead of Third Quarter 2022 Earnings Call

$PEI
Real Estate Investment Trusts
Real Estate
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Recent Analyst Ratings for
$PEI

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  • 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%

    $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

    $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

    $PEI
    Real Estate Investment Trusts
    Real Estate

$PEI
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  • 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

    $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

    $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

    $PEI
    Real Estate Investment Trusts
    Real Estate

$PEI
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