Pennsylvania Real Estate Investment Trust
PRETN
Other OTC0.42
USD
+0.01
- -
Pennsylvania Real Estate Investment Trust
PRETN
(Other OTC)
Recent
price
0.42
P/E
ratio
- -
div
yld
- -
ROIC.AI
Capital Structure
FRC
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in mil. unless spec.Working Capital
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in mil. unless spec.Growth Rates
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in mil. unless spec.Quarterly Revenue
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in mil. unless spec.Quarterly Earnings Per Share
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in mil. unless spec.Quarterly Dividends Per Share
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in mil. unless spec.- 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.