Fashion District Philadelphia opened last Thursday to much fanfare, with four days of celebration to mark this important retail and entertainment destination in downtown Philadelphia. Just one week ago, thousands of guests were welcomed into The District for the first time – where they were met with a dynamic mix of tenants, live music, giveaways and more. More than 156,000 consumers visited The District in just the first four days, driving meaningful results for tenants. In fact, 87% of tenants reported strong traffic and sales, with a majority exceeding sales expectations for opening weekend. https://www.preit.com/news/center-c...end-exceeding-traffic-and-sales-expectations/
PHILADELPHIA, Oct. 10, 2019 /PRNewswire/ -- PREIT (PEI) today celebrates the opening of the highly-anticipated Woodland Mall expansion wing. In 2017, the Company proactively recaptured the Sears store to make way for new and compelling uses, ensuring the long-term strength of this market-dominant destination. The project will feature a line up of high-impact tenants, many of which are exclusive and new-to-market. https://finance.yahoo.com/news/preit-completes-key-step-portfolio-105500340.html
Philadelphia, PA, October 29, 2019 – PREIT (NYSE: PEI) today reported results for the three and nine months ended September 30, 2019. A description of each non-GAAP financial measure and the related reconciliation to the comparable GAAP financial measure is located in the tables accompanying this release. Three Months Ended September 30, Nine Months Ended September 30, (per share amounts) 2019 2018 2019 2018 Net income (loss) – basic and diluted $ 0.22 $ (0.11 ) $ (0.23 ) $ (0.75) FFO $ 0.63 $ 0.34 $ 1.05 $ 1.00 FFO, as adjusted $ 0.23 $ 0.35 $ 0.71 $ 1.02 FFO from assets sold in 2018 $ – $ – $ – $ (0.01) FFO, as adjusted for assets sold $ 0.23 $ 0.35 $ 0.71 $ 1.01 https://www.preit.com/news/financia...9-results-and-updates-full-year-expectations/
November 2019 Presentation https://s21.q4cdn.com/137894361/fil.../November-2019-Investor-Presenation-FINAL.PDF
March 2020 presentation https://s21.q4cdn.com/137894361/files/doc_presentations/2020/PREIT_Presentation-March-2020.pdf
