Author Archives for Kate Carr

PREIT Reports Second Quarter 2020 Results

August 10, 2020 5:07 pm Published by Kate Carr Comments Off

Operations suspended for an average of 86 days Results reflect closure for majority of quarter All malls reopened as of…

August 3, 2020 4:30 pm Published by Kate Carr Comments Off

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

July 30, 2020 9:18 am Published by Kate Carr Comments Off

PREIT is excited to welcome new tenants across the portfolio, after temporary mall closures put a pause on store openings.…

July 14, 2020 9:03 am Published by Kate Carr Comments Off

All malls now open; Tenants Report Strong Performance Balance Sheet and Liquidity Remain in Focus PREIT, a leading operator of…

July 8, 2020 7:00 am Published by Kate Carr Comments Off

As states and cities move into the less restrictive phases of COVID-19 precautions, retailers are beginning to welcome back customers.…

May 21, 2020 7:18 am Published by Kate Carr Comments Off

Core Mall NOI-Weighted Sales per square foot Reached $551 through February Average Renewal Spreads for Wholly-Owned Properties were 4.5% Total…

May 19, 2020 4:45 pm Published by Kate Carr Comments Off

PREIT announced that its Board of Trustees has declared a quarterly cash dividend of $0.02 per common share. The dividend…

May 14, 2020 9:25 am Published by Kate Carr Comments Off

PREIT intends to release its financial results for the quarter ending March 31, 2020 before market trading commences on Thursday,…

April 20, 2020 6:55 am Published by Kate Carr Comments Off

Increasing Reach of its Small Business Partners’ Ecommerce Platforms Today, PREIT launched Shop Local pages on all of its mall…