PENN REAL ESTATE INVEST TST (PEI)
US7091028008 - REIT
PENN REAL ESTATE INVEST TST
NYSE:PEI (12/15/2022, 7:16:44 PM)
After market: 2.57 +0.18 (+7.53%)2.39
-0.01 (-0.42%)
Company Profile
Pennsylvania Real Estate Investment Trust engages in the ownership, management, leasing, acquisition, redevelopment, and disposition of shopping malls. The company is headquartered in Philadelphia, Pennsylvania and currently employs 158 full-time employees. The firm is primarily engaged in the ownership, management, leasing, acquisition, redevelopment, and disposition of shopping malls. The Company’s primary investment focus on retail shopping malls located in the eastern half of the United States, primarily in the Mid-Atlantic region. The firm holds interests in its portfolio of properties through its operating partnership, PREIT Associates, L.P. The firm own interests in approximately 25 retail properties, of which approximately 24 are operating properties and one is a development property. The firm's 24 operating properties include 20 shopping malls and four other retail properties, have a total of approximately 19.6 million square feet and are located in eight states.
Company Info
PENN REAL ESTATE INVEST TST
200 S Broad Street, The Bellevue
PHILADELPHIA PENNSYLVANIA 19103
P: 12155429250.0
CEO: Joseph F. Coradino
Employees: 158
Website: https://www.preit.com/
PEI News
a year ago - PREITPREIT Portfolio Continues to Attract a Broad Range of New Tenants/PRNewswire/ -- PREIT (NYSE: PEI), today announced execution of leases with new tenants throughout its portfolio, highlighting the compelling nature of its...
a year ago - Seeking AlphaPREIT approvals for 460 Apartments 165 room hotel at Springfield Town Center (NYSE:PEI)PREIT (PEI) has obtained unanimous approval from the Fairfax County Board of Supervisors for the development of 460 apartments and a 165-room hotel, paving the way for the sale of the...
a year ago - PREITPREIT Successfully Achieves Extension of Credit Facilities/PRNewswire/ -- PREIT (NYSE: PEI), today, announced meaningful balance sheet improvements through successfully extending its Credit Facilities. PREIT is...
2 years ago - PREITPREIT Reports Third Quarter 2022 Results/PRNewswire/ -- PREIT (NYSE: PEI) today reported results for the three and nine months ended September 30, 2022. A description of each non-GAAP financial...
2 years ago - PREITPREIT Accelerates Capital-Raising Initiative Surpassing Key Milestone/PRNewswire/ -- PREIT (NYSE: PEI), today, marked meaningful balance sheet improvements. The Company is underway with a robust capital raising effort, seeking...
2 years ago - PREITPREIT Opens Q&A Platform for Shareholders Ahead of Third Quarter 2022 Earnings Call/PRNewswire/ -- PREIT (NYSE: PEI), a leading real estate investment trust focused on creating thoughtful, community-centric properties, today announced the...
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