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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Oct 14, 2020, 17:05 ET PREIT Reaches Agreement with Approximately 80% of its Lenders to Recapitalize Business

PREIT (NYSE: PEI), a leading operator of diverse retail and experiential destinations, today announced that it has reached an agreement with more...


Oct 01, 2020, 06:55 ET PREIT Acknowledges Receipt of NYSE Continued Listing Standard Notice

PREIT (NYSE: PEI) announced today that on September 25, 2020 it received formal notice from the New York Stock Exchange (the "NYSE") of...


Oct 01, 2020, 06:55 ET PREIT Provides Liquidity and Business Update

PREIT (NYSE: PEI), a leading operator of diverse retail and experiential destinations, today provided a business update on key initiatives underway...


Sep 21, 2020, 06:55 ET PREIT Expands Operating Hours and Closes for Thanksgiving

PREIT today announced that it will modify its operating hours as more experiential tenants ramp up operations throughout the portfolio. Effective...


Sep 18, 2020, 06:55 ET PREIT Welcomes New Tenants Throughout its Portfolio

PREIT today highlighted new stores opening throughout its portfolio highlighted by an expanded, new prototype Apple store at Cherry Hill Mall. The...


Sep 14, 2020, 06:55 ET Fashion District Welcomes New Shops as it Celebrates its First Year of Successful Operations

Fashion District, a PREIT and Macerich game-changing retail and experiential project, this week celebrates the exciting and unusual first year of...


Sep 10, 2020, 16:30 ET PREIT Unveils "Park and Play" Event Series to Safely Engage Customers Throughout its Portfolio

PREIT today highlighted a series of "Park and Play" summer and fall events encouraging its communities to be social while prioritizing social...


Aug 17, 2020, 06:55 ET PREIT Launches Curated Shopping Program, "sMALL Surprises," Offering an Innovative Complement to Back-to-School Shopping

PREIT today launched, "sMALL Surprises", a first-of-its-kind curated shopping program from a mall owner/operator for the 2020 back-to-school season....


Aug 12, 2020, 06:50 ET PREIT Executes Term Loan and Amendments to Credit Facility Agreements

PREIT today announced that it has executed a Secured Term Loan with certain of its existing lenders for up to $30 million, which is in addition to...


Aug 10, 2020, 17:00 ET PREIT Reports Second Quarter 2020 Results

PREIT (NYSE: PEI) today reported results for the three and six months ended June 30, 2020. A description of each non-GAAP financial measure and the...


Aug 03, 2020, 16:30 ET PREIT Schedules Second Quarter 2020 Earnings Release and Conference Call

Pennsylvania Real Estate Investment Trust (PREIT/NYSE: PEI) intends to release its financial results for the quarter ending June 30, 2020 after...


Jul 14, 2020, 06:55 ET PREIT Provides Business Update

PREIT (NYSE: PEI), a leading operator of diverse retail and experiential destinations, reported that its entire portfolio is operational and provided ...


Jun 22, 2020, 09:00 ET PREIT Announces its Malls are Back to Business

Today, PREIT enthusiastically celebrates its suburban shopping mall reopening timeline and highlights meaningful results in its opened portfolio. In...


May 21, 2020, 06:55 ET PREIT Reports First Quarter 2020 Results and Business Update

PREIT (NYSE: PEI) today reported results for the three months ended March 31, 2020. A description of each non-GAAP financial measure and the related...


May 19, 2020, 16:30 ET 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 $0.02 per common ...


May 19, 2020, 10:56 ET TIME CHANGE: PREIT Update First Quarter 2020 Earnings Call Timing

Pennsylvania Real Estate Investment Trust (PREIT/NYSE: PEI) intends to release its financial results for the quarter ending March 31, 2020 before...


May 13, 2020, 16:30 ET PREIT Schedules First Quarter 2020 Earnings Release

Pennsylvania Real Estate Investment Trust (PREIT/NYSE: PEI) intends to release its financial results for the quarter ending March 31, 2020 before...


Apr 20, 2020, 06:55 ET PREIT Launches 'Shop Local' Website Increasing Reach of its Small Business Partners' Ecommerce Platforms

PREIT (NYSE: PEI) today launched Shop Local pages on all of its mall websites, an innovative effort designed to support the ecommerce platforms of...


Apr 08, 2020, 06:55 ET PREIT Provides COVID-19 Update

PREIT (NYSE: PEI) today provided an update on its efforts to stabilize cash flow while operations are temporarily suspended, concurrently positioning ...


Mar 31, 2020, 06:50 ET PREIT Takes Steps to Improve Liquidity Position

PREIT (NYSE: PEI) today announced a series of actions to strengthen its balance sheet and liquidity position during this unique operating...


Mar 25, 2020, 16:00 ET 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...


Feb 28, 2020, 15:02 ET TIME CHANGE: 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...


Feb 25, 2020, 20:06 ET PREIT Reports Fourth Quarter and Full Year 2019 Results and Provides Balance Sheet Strategy Update

PREIT (NYSE: PEI) today reported results for the three months and the year ended December 31, 2019. A description of each non-GAAP financial measure...


Feb 21, 2020, 16:30 ET 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...


Feb 20, 2020, 06:55 ET 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 common ...