Pennsylvania Real Estate Investment Trust
PRETN
Other OTC0.42
USD
+0.01
- -
ISIN
US7091027018
CUSIP
709102701
Return %
Stock
S&P500
1Y
-69.57
17.85
3Y
-95.94
64.56
5Y
-97.98
69.89
Capital Structure
FRC
•
in mil. unless spec.Working Capital
FRC
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in mil. unless spec.Growth Rates
FRC
•
in mil. unless spec.Quarterly Revenue
FRC
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in mil. unless spec.Quarterly Earnings Per Share
FRC
•
in mil. unless spec.Quarterly Dividends Per Share
FRC
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in mil. unless spec.- CEO
- Joseph F. Coradino
- Full Time Employees
- 149
- Sector
- Real Estate
- Industry
- REIT - Retail
- Address
- One Commerce Square Philadelphia PA United States of America 19103
- IPO Date
- Sep 11, 2017
- Website
- preit.com
- Similar Companies
- Business
- Pennsylvania Real Estate Investment Trust operates as a real estate entity specializing in the ownership and management of premier retail and lifestyle destinations. With a concentrated portfolio situated predominantly across the densely populated eastern United States, particularly within key Mid-Atlantic metropolitan areas, the company focuses on curating dynamic, experience-driven properties. Following a significant financial and corporate restructuring in April 2024, PREIT emerged as a private entity, having substantially reduced its debt and appointed new leadership. The organization is strategically transforming its assets by integrating diverse elements such as multi-family residences, healthcare facilities, and entertainment venues, moving beyond traditional retail to create vibrant, multi-generational community hubs. This evolution is driven by a disciplined approach to enhancing portfolio quality and strengthening its overall business foundation.