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…
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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…
News
PREIT Provides COVID-19 Business UpdatePREIT (NYSE: PEI) today reported on various aspects of its business during the COVID-19 pandemic sweeping across the Unites States.…
News
PREIT Reports Fourth Quarter and Full Year 2019 Results and Provides Balance Sheet Strategy UpdateExecuted Agreements of Sale for $313 Million in Gross Proceeds Core Mall NOI-Weighted Sales per square foot Reached $547 Core…