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.

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Aug 14, 2023, 07:30 ET Over a Dozen Diverse and Impactful Tenants in 575,000 Square Feet Opening Throughout PREIT Portfolio, Strengthening Core Assets

PREIT (OTCQB: PRET) welcomed several new and diverse tenants across its portfolio. For over a decade, PREIT has focused on going beyond traditional...

Aug 03, 2023, 06:55 ET PREIT Reports Second Quarter 2023 Results

PREIT (OTCQB:PRET) today reported results for the three and six months ended June 30, 2023. A description of each non-GAAP financial measure and the...

Jul 31, 2023, 16:15 ET PREIT Schedules Second Quarter 2023 Earnings Release and Conference Call

PREIT (OTCQB:PRET) intends to release its financial results for the quarter ending June 30, 2023 before market trading begins on Thursday, August 3,...

Jul 12, 2023, 18:23 ET PREIT Board of Trustees Issues Response to Letter from John R. Saunders

PREIT (OTCQB: PRET) today issued a statement and letter in response to the July 11, 2023 letter from John R. Saunders. Statement from PREIT: PREIT...

Jul 07, 2023, 09:46 ET PREIT Board of Trustees Issues Response to Letter from "Concerned Shareholders"

PREIT (OTCQB: PRET) today issued a statement and letter in response to the July 6, 2023 letter from David Steinberg, Scott Bishins and Michael Mayer. ...

Jun 29, 2023, 07:00 ET PREIT's Crown Jewel, Cherry Hill Mall, Continues to Attract Best-in-Class Tenants

Cherry Hill Mall, a PREIT (OTCQB: PRET) shopping center, continues to attract top-tier tenants and shoppers. Earlier this month, the property...

Jun 15, 2023, 19:06 ET PREIT Board of Trustees Issues Response to Open Letter to Shareholders Issued by Two Independent Trustees

PREIT (OTCQB: PRET) today issued a statement and letter in response to the June 15, 2023 Open Letter to Shareholders issued by Trustees, Christopher...

May 04, 2023, 06:55 ET PREIT Reports First Quarter 2023 Results

PREIT (OTCQB:PRET) today reported results for the three months ended March 31, 2023. A description of each non-GAAP financial measure and the related ...

May 03, 2023, 14:00 ET ULTA to Join PREIT's Dartmouth Mall, a Premier Destination for Shoppers

PREIT (OTCQB: PRET) is proud to announce it has signed a lease with ULTA for 7,500 square feet at Dartmouth Mall. As part of the company's strategy...

Apr 26, 2023, 07:00 ET PREIT Schedules First Quarter 2023 Earnings Release and Conference Call

PREIT (OTC:PRET) intends to release its financial results for the quarter ending March 31, 2023 before market trading begins on Thursday, May 4, 2023....

Mar 22, 2023, 06:55 ET PREIT Reports Fourth Quarter and Full Year 2022 Results

PREIT (OTC:PRET) today reported results for the three months and year ended December 31, 2022. A description of each non-GAAP financial measure and...

Mar 13, 2023, 07:00 ET PREIT Opens Q&A Platform for Shareholders Ahead of Fourth Quarter 2022 Earnings Call

PREIT (OTC: PRET), a leading real estate investment trust focused on creating thoughtful, community-centric properties, today announced the opening...

Mar 02, 2023, 06:55 ET PREIT Schedules Fourth Quarter 2022 Earnings Release and Conference Call

PREIT (OTC:PRET) intends to release its financial results for the quarter and year ending December 31, 2022 before market trading begins on...

Feb 13, 2023, 06:55 ET PREIT Sells Whole Foods Parcel for $27 Million

PREIT, today, announced the sale of its Whole Foods parcel at Plymouth Meeting Mall for $27 million as part of its capital raising initiative. The...

Jan 05, 2023, 06:55 ET PREIT Announces Burlington as One of Many New Additions Joining Springfield Town Center

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...

Jan 03, 2023, 16:37 ET PREIT Completes Extension of Key Mortgage Maturity and Provides Update on Asset Sales

PREIT today, announced that it has executed an extension of the mortgage loan secured by Woodland Mall in Grand Rapids, MI. The loan, with an...

Dec 15, 2022, 19:46 ET PREIT Announces Plan to Commence Trading on OTC Markets

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...

Dec 14, 2022, 06:55 ET PREIT Portfolio Continues to Attract a Broad Range of New Tenants

PREIT (NYSE: PEI), today announced execution of leases with new tenants throughout its portfolio, highlighting the compelling nature of its footprint ...

Dec 13, 2022, 06:55 ET PREIT Receives Approvals for 460 Apartments and 165 Room Hotel at Springfield Town Center

PREIT (NYSE: PEI), today, announced that it has obtained unanimous approval from the Fairfax County Board of Supervisors for the development of 460...

Dec 08, 2022, 09:17 ET PREIT Successfully Achieves Extension of Credit Facilities

PREIT (NYSE: PEI), today, announced meaningful balance sheet improvements through successfully extending its Credit Facilities. PREIT is pleased to...

Dec 01, 2022, 06:55 ET Expect New Stores and Many Shoppers at PREIT Malls This Holiday Season

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Nov 08, 2022, 06:55 ET PREIT Reports Third Quarter 2022 Results

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 ...

Nov 02, 2022, 09:00 ET PREIT's Philadelphia Portfolio Hosting Holiday Season Festivities and Shopping

PREIT (NYSE: PEI) is making it a season to remember for Philadelphia and its suburbs. Come out and celebrate at Willow Grove Park Mall, Springfield...

Nov 02, 2022, 06:55 ET PREIT Accelerates Capital-Raising Initiative Surpassing Key Milestone

PREIT (NYSE: PEI), today, marked meaningful balance sheet improvements. The Company is underway with a robust capital raising effort, seeking to...

Oct 31, 2022, 18:13 ET PREIT Opens Q&A Platform for Shareholders Ahead of Third Quarter 2022 Earnings Call

PREIT (NYSE: PEI), a leading real estate investment trust focused on creating thoughtful, community-centric properties, today announced the opening...