Pennsylvania Real Estate Investment Trust

Type: Company
Name: Pennsylvania Real Estate Investment Trust
First reported Jul 30 2014 - Updated 2 hours ago - 1 reports

Volume Spike Detected in Shares of Pennsylvania Real Estate Investment Trust as They Move Higher on 1.5x Above-Average Volume (PEI)

(Financial News Network On) Shares of Pennsylvania Real Estate Investment Trust are trading today in above average volume, with the share price rising 2.8% to $19.59. Approximately 890,000 shares have changed hands today vs. average 30-day volume of ... [Published Individual.com - Jul 30 2014]
First reported Jul 30 2014 - Updated 23 hours ago - 3 reports

Pennsylvania Real Estate forms joint venture with The Macerich Company

Pennsylvania Real Estate Investment Trust (PREIT), a real estate investment trust, has formed joint venture partnership with The Macerich Company, a real estate investment trust, to redevelop The Gallery in downtown Philadelphia. All the entities are ... [Published Individual.com - Jul 30 2014]
First reported Jul 30 2014 - Updated Jul 30 2014 - 1 reports

Shopping Mall Developers Planning Major Redo For Philadelphia’s Gallery

By Pat LoebPHILADELPHIA (CBS) — Look for big changes at the Gallery shopping mall, in center city Philadelphia.  The owners have attracted a partner to redo the aging downtown mall.When suburban malls began bleeding urban retailers, city developers fought ... [Published CBS Philadelphia - Jul 30 2014]
First reported Jul 30 2014 - Updated Jul 30 2014 - 1 reports

Ground to be broken on new outlet center in South Jersey

A formal ground breaking is scheduled for next Thursday for the Gloucester Premium Outlets in Gloucester Township, N.J.The project is being constructed in a joint venture with Simon Property Group and Pennsylvania Real Estate Investment Trust.It will ... [Published Philadelphia Business Journal - Jul 30 2014]
First reported Jul 30 2014 - Updated Jul 30 2014 - 1 reports

PREIT not ruling out sale of Springfield Town Center

The Pennsylvania Real Estate Investment Trust doesn't yet own the Springfield Town Center, but it's already considering a sale of the asset it has a contract to buy for $465 million.The Philadelphia-based PREIT has been selling off lower-performing assets ... [Published Washington Business Journal - Jul 30 2014]
First reported Jul 30 2014 - Updated Jul 30 2014 - 1 reports

Pennsylvania Real Estate Investment Trust Makes a Move: Up 3.0%

One of today's stocks on the move is Pennsylvania Real Estate Investment Trust (NYSE:PEI), up 3.0% to $19.64. The Dow is down 0.4% to 16,853 and the S&P is currently trading fractionally lower to 1,967. ... [Published Individual.com - Jul 30 2014]
First reported Jul 29 2014 - Updated Jul 29 2014 - 1 reports

Jeff McKay, lee district supervisor, says renovated Springfield Mall will open in October as scheduled

SPRINGFIELD, Va. (WJLA) – Northern Virginia residents won’t have to wait much longer to visit the renovated Springfield Mall—the new Springfield Town Center is less than 90 days away from opening.Continue readingLee District Supervisor Jeff McKay told ... [Published WJLA.com - Jul 29 2014]
First reported Jul 28 2014 - Updated Jul 28 2014 - 1 reports

Pennsylvania Real Estate Investment Trust (PEI) to Release Earnings on Tuesday

Pennsylvania Real Estate Investment Trust (NYSE:PEI) is scheduled to release its Q214 earnings data on Tuesday, July 29th. Analysts expect Pennsylvania Real Estate Investment Trust to post earnings of $0.46 per share and revenue of $72.44 million for ... [Published American Banking News - Jul 28 2014]
First reported Jul 21 2014 - Updated Jul 21 2014 - 1 reports

Pennsylvania Real Estate Investment Trust Given “Neutral” Rating at Citigroup Inc. (PEI)

Pennsylvania Real Estate Investment Trust (NYSE:PEI) Pennsylvania Real Estate Investment Trust (NYSE:PEI) traded up 0.31% on Monday, hitting $19.29. The stock had a trading volume of 91,022 shares. Pennsylvania Real Estate Investment Trust has a 1-year ... [Published American Banking News - Jul 21 2014]
First reported Jul 18 2014 - Updated Jul 18 2014 - 1 reports

Pennsylvania Real Estate Investment Trust Announces Quarterly Dividend of $0.20 (PEI)

Pennsylvania Real Estate Investment Trust (NYSE:PEI) announced a quarterly dividend on Friday, July 18th, ARN reports. Investors of record on Tuesday, September 2nd will be paid a dividend of 0.20 per share on Tuesday, September 16th. This represents ... [Published American Banking News - Jul 18 2014]
First reported Jul 11 2014 - Updated Jul 11 2014 - 4 reports

PREIT Announces New Tenants for Moorestown Mall's "Boutique Row" and the Addition of a Fourth Premier Restaurant

PR NewswirePHILADELPHIA, July 11, 2014PHILADELPHIAIn addition, PREIT has also signed a lease with local restaurateur Dave Magrogan"With the introduction of Boutique Row, Moorestown Mall will offer customers an unparalleled combination of luxury, variety ... [Published Digital Journal - Jul 11 2014]
First reported Jul 02 2014 - Updated Jul 02 2014 - 1 reports

PREIT Updates Second Quarter 2014 Earnings Conference Call Schedule

/PRNewswire/ -- Pennsylvania Real Estate Investment TrustDue to a scheduling conflict, management has rescheduled the previously announced conference call for 10:00 a.m. Eastern Time on Wednesday, July 30, 2014, to review the Company's results and future ... [Published BusinessWeek - Jul 02 2014]

Quotes

...Macerich, an established developer and operator, to bring a one-of-a-kind, premier center to Philadelphia," says Joseph F Coradino , CEO of PREIT. "Macerich has a proven track record of developing leading properties in attractive U S markets and we look forward to leveraging their deep experience and strong leasing relationships to unlock significant value in The Gallery. This joint venture allows PREIT to maintain a strong balance sheet and minimize execution risk as we continue to capitalize on strategic opportunities to enhance our portfolio, for the benefit of all PREIT shareholders."
"The Gallery is aligned with the type of assets we look for; it has dominant positioning and strong long-term growth prospects" said Art Coppola, Chairman and CEO of Macerich
"Today we took a major step in the transformation of PREIT with the announcement of our joint venture with Macerich to redevelop The Gallery" said Joseph F Coradino
"With the introduction of Boutique Row, Moorestown Mall will offer customers an unparalleled combination of luxury, variety and convenience" said Joseph F Coradino

More Content

All (86) | News (63) | Reports (0) | Blogs (4) | Audio/Video (0) | Fact Sheets (0) | Press Releases (19)
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PREIT, Macerich $107 Million Investment to Rede... [Published Commercial Property Executive - 12 hours ago]
PREIT, Macerich Form JV to Redevelop The Gallery [Published GlobeSt.com - 16 hours ago]
Pennsylvania R.E.I.T. Shares Gap Up Following ... [Published American Banking News - 22 hours ago]
The Gallery in Philadelphia to Get $107M Makeover [Published CoStar Group - 23 hours ago]
Shopping Mall Developers Planning Major Redo Fo... [Published CBS Philadelphia - Jul 30 2014]
Ground to be broken on new outlet center in Sou... [Published Philadelphia Business Journal - Jul 30 2014]
Volume Spike Detected in Shares of Pennsylvania... [Published Individual.com - Jul 30 2014]
Pennsylvania Real Estate forms joint venture wi... [Published Individual.com - Jul 30 2014]
PREIT not ruling out sale of Springfield Town C... [Published Washington Business Journal - Jul 30 2014]
Pennsylvania Real Estate Investment Trust Makes... [Published Individual.com - Jul 30 2014]
The Gallery Is About to Become Beautiful [Published Philadelphia Magazine - Jul 30 2014]
Pennsylvania Real Estate Investment Trust lower... [Published Reuters - Jul 30 2014]
Deptford Mall ownership to invest $106M in rede... [Published New Jersey Online - Jul 30 2014]
Pennsylvania R.E.I.T. (PEI) Announces Quarterly... [Published American Banking News - Jul 30 2014]
Pennsylvania R.E.I.T. (PEI) Releases FY14 Earni... [Published American Banking News - Jul 29 2014]
PREIT Reports Second Quarter 2014 Results Inclu... [Published Industrial Info Financials - Jul 29 2014]
PREIT and The Macerich Company Form Joint Ventu... [Published Financial Services - Jul 29 2014]
Jeff McKay, lee district supervisor, says renov... [Published WJLA.com - Jul 29 2014]
Pennsylvania Real Estate Investment Trust (PEI)... [Published American Banking News - Jul 28 2014]
Data points: Economic calendar [Published Frederick News-Post - Jul 28 2014]
Pennsylvania REIT (PEI) Trading Near $18.75 Sup... [Published MarketIntelligenceCenter.com - Jul 25 2014]
New Leadership Team to Guide Metrocenter [Published GlobeSt.com - Jul 25 2014]
Pennsylvania Real Estate Investment Trust Given... [Published American Banking News - Jul 21 2014]
PREIT announces common and preferred dividends ... [Published Individual.com - Jul 21 2014]
PREIT's Shareholder Dividend Comes After Busy Q2 [Published GlobeSt.com - Jul 21 2014]
Pennsylvania Real Estate Investment Trust Annou... [Published American Banking News - Jul 18 2014]
PREIT Declares Quarterly Dividend for Common an... [Published Pettinga Financial Advisors - Jul 18 2014]
PREIT Declares Quarterly Dividend for Common an... [Published Financial Services - Jul 18 2014]
Pennsylvania REIT (PEI) Showing Bullish Technic... [Published MarketIntelligenceCenter.com - Jul 15 2014]
Expanded Roles, Quarterly Financial Results and... [Published Financial Services - Jul 15 2014]
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Blogs

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Pennsylvania REIT (PEI) Trading Near $18.75 Sup... [Published MarketIntelligenceCenter.com - Jul 25 2014]
The patented option-trade picking algorithms that power MarketIntelligenceCenter.com's Artificial Intelligence Center  are highlighting two trades on Pennsylvania Real Estate Investment Trust (PEI) today after it closed at $19.10 on Thursday. For more ...
Pennsylvania REIT (PEI) Showing Bullish Technic... [Published MarketIntelligenceCenter.com - Jul 15 2014]
After Monday’s trading in Pennsylvania Real Estate Investment Trust (PEI) MarketIntelligenceCenter.com's option trade-picking algorithms uncovered a trade that offers a 4.97% or 9.76% (for comparison purposes only), while providing 5.48% downside protection. ...
PREIT Announces New Tenants for Moorestown Mall... [Published PR Newswire: Financial Services - Jul 11 2014]
PHILADELPHIA, July 11, 2014 /PRNewswire/ -- Pennsylvania Real Estate Investment Trust (PREIT/NYSE: PEI) announced today the addition of local, upscale boutiques and a fourth premier restaurant to the growing list of premier tenants at Moorestown Mall. ...
PREIT Announces the Expansion of Health Partner... [Published PR Newswire: Financial Services - Jun 26 2014]
PHILADELPHIA, June 26, 2014 /PRNewswire/ -- Pennsylvania Real Estate Investment Trust (PREIT/NYSE: PEI) announced today the expansion of current healthcare tenant Health Partners Plans Inc. (HPP) at the 907 Market Street building above The Gallery. ...
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Press Releases

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PREIT and The Macerich Company Form Joint Ventu... [Published Financial Services - Jul 29 2014]
PREIT Declares Quarterly Dividend for Common an... [Published Financial Services - Jul 18 2014]
Expanded Roles, Quarterly Financial Results and... [Published Financial Services - Jul 15 2014]
PREIT Updates Second Quarter 2014 Earnings Conf... [Published Financial Services - Jul 02 2014]
Upcoming Earnings Schedules, Annual Meeting Res... [Published Financial Services - Jun 23 2014]
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