Author Archives for Admin

PREIT Provides Business Update

July 14, 2020 9:03 am Published by Comments Off on PREIT Provides Business Update

All malls now open; Tenants Report Strong Performance Balance Sheet and Liquidity Remain in Focus PREIT, a leading operator of…


Re-Opening Our Properties with CommUNITY in Mind

July 8, 2020 7:00 am Published by Comments Off on Re-Opening Our Properties with CommUNITY in Mind

As states and cities move into the less restrictive phases of COVID-19 precautions, retailers are beginning to welcome back customers.…


PREIT Reports First Quarter 2020 Results and Business Update

May 21, 2020 7:18 am Published by Comments Off on PREIT Reports First Quarter 2020 Results and Business Update

Core Mall NOI-Weighted Sales per square foot Reached $551 through February Average Renewal Spreads for Wholly-Owned Properties were 4.5% Total…


PREIT Launches ‘Shop Local’ Website

April 20, 2020 6:55 am Published by Comments Off on PREIT Launches ‘Shop Local’ Website

Increasing Reach of its Small Business Partners’ Ecommerce Platforms Today, PREIT launched Shop Local pages on all of its mall…


PREIT Provides COVID-19 Update

April 8, 2020 6:55 am Published by Comments Off on PREIT Provides COVID-19 Update

Today we provided an update on its efforts to stabilize cash flow while operations are temporarily suspended, concurrently positioning itself…


We’re In This Together

April 7, 2020 10:43 am Published by Comments Off on We’re In This Together

We’re all navigating these unprecedented times together, as communities, citizens, and business owners alike. People are coming together, figuratively of…


PREIT Provides COVID-19 Business Update

March 25, 2020 4:00 pm Published by Comments Off on PREIT Provides COVID-19 Business Update

PREIT (NYSE: PEI) today reported on various aspects of its business during the COVID-19 pandemic sweeping across the Unites States.…