Pennsylvania Real Estate Investment Trust
New York Stock ExchangeCapital Structure
•
in mil. unless spec.Working Capital
•
in mil. unless spec.Growth Rates
•
in mil. unless spec.Quarterly Revenue
•
in mil. unless spec.Quarterly Earnings Per Share
•
in mil. unless spec.Quarterly Dividends Per Share
•
in mil. unless spec.- CEO
- Joseph Coradino
- Full Time Employees
- 158
- Sector
- Real Estate
- Industry
- REIT - Retail
- Address
- One Commerce Square, 2005 Market Street, Suite 1000 Philadelphia PA United States of America 19103
- IPO Date
- Mar 17, 1980
- CIK
- 0000077281
- Website
- preit.com
- Similar Companies
- Business
- Pennsylvania Real Estate Investment Trust (PREIT) (NYSE: PEI) operates as a real estate investment trust focused on the ownership, management, redevelopment, and leasing of retail properties, including shopping malls, lifestyle centers, strip centers, and power centers, with an emphasis on mixed-use developments incorporating multifamily residential, hotel, health and tech facilities, experiential retail, essentials and grocery, and destination dining and entertainment; the company also provides management, leasing, and development services to third-party property owners. PREIT's portfolio comprises carefully curated properties primarily located in densely populated regions of the eastern United States, with concentrations in key markets such as the Philadelphia metro area, Mid-Atlantic, DC Metro, Northeast, and Midwest, serving as community-centric hubs that function as one-stop destinations for shopping, dining, entertainment, and living. Founded in 1960 and headquartered in Philadelphia, Pennsylvania, at 2005 Market Street, the company maintains operations across multiple states in the eastern U.S. and has undergone significant strategic evolution since 2012, prioritizing portfolio quality, balance sheet strengthening through disciplined capital allocation, and adaptation to retail trends via mixed-use transformations. In recent years, PREIT has navigated financial challenges, including net losses and portfolio optimization amid market pressures, while delisting from the NYSE to trade over-the-counter (OTCQB: PRET) and continuing to emphasize high-quality assets in compelling markets without major disclosed acquisitions, partnerships, or funding rounds in 2024-2025.
Prospera Energy Announces Q1 2026 Financial Results
Prospera Announces Operations Update and May Conference Call
Prospera Energy Reports 2025 Year-End Audited Financials and Reserves
Letter to Prospera Shareholders: Eighteen Months of Transformational Execution
Xtract One Selected by Health PEI for Phased Rollout of Tech-Driven Security Systems Across Prince Edward Island
Prospera Energy Announces Slate of Industry Presentations and Conferences
Prospera Energy Announces 8 Year Production High in Its Luseland Field
Prospera Energy Announces Successful Closing of Private Placement
Prospera Energy Highlights Industry Recognition and Consolidation of Core Saskatchewan Properties
Prospera Energy Announces Operations and Financing Update
Prospera Announces Comprehensive Operations Update and $3.0 Million Non-Brokered Equity Financing to Advance Core Heavy-Oil Strategy
Prospera Energy Announces Operations Update
Prospera Energy Announces Financing and Acquisition Update
Prospera Energy Commences Restructure Initiatives at the Board Level to Attain PEI Potential
Prospera Energy Inc. Corporate Update: Three Years of Strategic Restructuring, Recovery, and Future Growth
Mall REITs: The Bleeding Has Stopped
Pennsylvania Real Estate Investment Trust (PEI) Q3 2022 Earnings Call Transcript
The State Of REITs: November 2022 Edition
PREIT Preferreds: 10x Upside In Liquidation Scenario
PREIT Schedules Third Quarter 2022 Earnings Release and Conference Call