Feature, News
Re-Opening Our Properties with CommUNITY in MindAs states and cities move into the less restrictive phases of COVID-19 precautions, retailers are beginning to welcome back customers.…
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News
PREIT Announces its Malls are Back to BusinessOn June 29th PREIT will celebrate the opening of all suburban mall properties with Fashion District opening on July 3rd.…
Financial, News
PREIT Reports First Quarter 2020 Results and Business UpdateCore Mall NOI-Weighted Sales per square foot Reached $551 through February Average Renewal Spreads for Wholly-Owned Properties were 4.5% Total…
News
PREIT Declares Quarterly Dividend for Common and Preferred SharesPREIT announced that its Board of Trustees has declared a quarterly cash dividend of $0.02 per common share. The dividend…
Financial
TIME CHANGE: PREIT Schedules First Quarter 2020 Earnings ReleasePREIT intends to release its financial results for the quarter ending March 31, 2020 before market trading commences on Thursday,…
News
PREIT Launches ‘Shop Local’ WebsiteIncreasing Reach of its Small Business Partners’ Ecommerce Platforms Today, PREIT launched Shop Local pages on all of its mall…
News
PREIT Provides COVID-19 UpdateToday we provided an update on its efforts to stabilize cash flow while operations are temporarily suspended, concurrently positioning itself…
Feature, Property
We’re In This TogetherWe’re all navigating these unprecedented times together, as communities, citizens, and business owners alike. People are coming together, figuratively of…
Financial, News
PREIT Takes Steps to Improve Liquidity PositionReduces Common Dividend Executes Credit Facility Amendment Significantly Reduces Capital Spending and Operating Costs Philadelphia, March 31, 2020 – PREIT…