News from PREIT A wide array of domestic and global news stories; news topics include politics / government, business, technology, religion, sports/entertainment, science/nature, and health/lifestyle. Articles that appear in this section may be written in English or other languages, as well.

( NYSE:PEI)

Feb 03, 2016, 16:28 ET
PREIT (PEI) 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. More information about PREIT can be found at www.preit.com or on Twitter or LinkedIn.

PREIT Reports Impressive Sales Per Square Foot Growth in 2015

PREIT (NYSE: PEI) today announced that comparable sales per square foot for the twelve months ended December 31, 2015 grew by approximately 10% in...

Jan 26, 2016, 07:15 ET
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. More information about PREIT can be found at www.preit.com or on Twitter or LinkedIn.

PREIT Receives Non-Refundable Deposit on Four Properties Planned for Disposition

 PREIT (NYSE: PEI) announced that it has received non-refundable deposits in connection with the previously announced agreement of sale for a...

Jan 19, 2016, 17:33 ET
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. More information about PREIT can be found at www.preit.com or on Twitter or LinkedIn.

PREIT Reports Tax Status of 2015 Distributions

 PREIT (PREIT/NYSE: PEI) today announced that the tax status of the distributions paid per share during 2015 is as...

Jan 13, 2016, 16:30 ET
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. More information about PREIT can be found at www.preit.com or on Twitter or LinkedIn.

PREIT Schedules Investor Day Presentation and Webcast

 Pennsylvania Real Estate Investment Trust (PREIT) (NYSE: PEI) intends to hold an Investor Day Presentation on January 21, 2016. ...

Jan 06, 2016, 16:40 ET
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. More information about PREIT can be found at www.preit.com or on Twitter or LinkedIn.

PREIT Comments on the Planned Closure of Macy's at Valley Mall

PREIT (NYSE: PEI) released comments today regarding the planned closure of the 120,000 square foot Macy's store at Valley Mall in Hagerstown,...

Jan 05, 2016, 17:48 ET
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. More information about PREIT can be found at www.preit.com or on Twitter or LinkedIn.

PREIT Announces Ron Rubin Will Step Down As Executive Chairman

PREIT (NYSE: PEI) announced that Ron Rubin will step down as the Company's Executive Chairman, a role he's held since 2012, effective June 7, 2016....

Dec 21, 2015, 08:00 ET
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. More information about PREIT can be found at www.preit.com or on Twitter or LinkedIn.

PREIT's Springfield Town Center Sales Exceed $500 PSF in its First Full Year

PREIT (NYSE: PEI) today announced that Springfield Town Center in Springfield, Virginia, has recorded $505 PSF in sales for tenants less than...

Dec 16, 2015, 07:15 ET
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. More information about PREIT can be found at www.preit.com or on Twitter or LinkedIn.

PREIT Announces Signing of Dick's Sporting Goods at Cumberland Mall

 PREIT  (NYSE: PEI) announces its plans to open a Dick's Sporting Goods at Cumberland Mall in Vineland, New Jersey. The sports and fitness...

Dec 15, 2015, 16:30 ET
PREIT (PEI) 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. More information about PREIT can be found at www.preit.com or on Twitter or LinkedIn.

PREIT Schedules Fourth Quarter 2015 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,...

Dec 07, 2015, 14:00 ET
PREIT (PEI) 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. More information about PREIT can be found at www.preit.com or on Twitter or LinkedIn.

LEGOLAND® Discovery Center Coming Exclusively to Plymouth Meeting Mall

LEGOLAND Discovery Centers, unique indoor attractions based on the popular LEGO® brick, will begin construction next summer on LEGOLAND®...

Nov 12, 2015, 07:30 ET
PREIT (PEI) 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. More information about PREIT can be found at www.preit.com or on Twitter or LinkedIn.

PREIT Announces Exciting New Retail and Completion of Dining Court at Moorestown Mall

PREIT (NYSE: PEI) today announced the the execution of over 40,000 square feet of new leases for this key property located in a southern New Jersey...

Oct 27, 2015, 16:32 ET
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. More information about PREIT can be found at www.preit.com or on Twitter or LinkedIn.

PREIT Reports Strong Third Quarter 2015 Results Highlighted by 4.0% Same Store NOI Growth and Sale of 8th Non-Core Mall

 PREIT (NYSE: PEI) today reported results for the quarter and nine months ended September 30, 2015. - Comparable store sales across the...

Oct 23, 2015, 16:49 ET
PREIT (PEI) 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. More information about PREIT can be found at www.preit.com or on Twitter or LinkedIn.

PREIT Declares Quarterly Dividend for Common and Preferred Shares

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

Sep 23, 2015, 16:30 ET
PREIT (PEI) 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. More information about PREIT can be found at www.preit.com or on Twitter or LinkedIn.

PREIT Completes $202.5 Million in Financings at Significantly Reduced Interest Rates

PREIT (NYSE: PEI) has completed the refinancings of Willow Grove Park and Springfield Mall.  The loans total $202.5 million, at PREIT's share,...

Sep 04, 2015, 08:30 ET
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. More information about PREIT can be found at www.preit.com or on Twitter or LinkedIn.

PREIT Schedules Third Quarter 2015 Earnings Release and Conference Call

Pennsylvania Real Estate Investment Trust (PREIT/NYSE: PEI) intends to release its financial results for the quarter ending September 30, 2015...

Aug 05, 2015, 08:15 ET
PREIT (PEI) 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. More information about PREIT can be found at www.preit.com or on Twitter or LinkedIn.

PREIT Completes Sale of Uniontown Mall in Uniontown, Pennsylvania

Pennsylvania Real Estate Investment Trust (NYSE: PEI) announced today that it has completed the sale of Uniontown Mall in Uniontown, PA for $23.0...

Aug 03, 2015, 07:30 ET
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. More information about PREIT can be found at www.preit.com or on Twitter or LinkedIn.

PREIT Announces Whole Foods Market Will Join Exton Square Mall

 PREIT (NYSE: PEI) announced a new lease with Whole Foods Market to open at Exton Square Mall in Exton, PA. The 55,000-square foot store will...

Jul 28, 2015, 19:48 ET
PREIT (PEI) 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. More information about PREIT can be found at www.preit.com or on Twitter or LinkedIn.

PREIT Advances Transformation Efforts with Execution of Multi-property Agreement of Sale with Institutional Buyer

 Pennsylvania Real Estate Investment Trust (NYSE: PEI) announced today that it has entered into an Agreement of Sale for three malls to an...

Jul 28, 2015, 17:51 ET
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. More information about PREIT can be found at www.preit.com or on Twitter or LinkedIn.

PREIT Reports Second Quarter 2015 Results as Pace of Transformation Surges

 PREIT (NYSE: PEI) today reported results for the quarter and six months ended June 30, 2015.   - Sale of Uniontown Mall in...

Jul 23, 2015, 16:30 ET
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. More information about PREIT can be found at www.preit.com or on Twitter or LinkedIn.

PREIT Declares Quarterly Dividend for Common and Preferred Shares

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