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Pennsylvania Real Estate Investment Trust (PEI.N)

PEI.N on New York Stock Exchange

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Latest Key Developments (Source: Significant Developments)

PREIT Reports Year-To-Date Comparable Store Sales Up 8.2 Pct Through Feb
Wednesday, 18 Apr 2018 

April 18 (Reuters) - Pennsylvania Real Estate Investment Trust ::PREIT - YEAR-TO-DATE COMPARABLE STORE SALES IN ITS PORTFOLIO WERE UP 8.2% THROUGH FEBRUARY.PREIT - AS A RESULT OF PREIT'S DISPOSITION, STRATEGY, IT REDUCED ITS BON-TON EXPOSURE FROM 10 IN 2012 TO 2 TODAY.  Full Article

Preit reports Q3 adjusted FFO per share $0.42
Thursday, 2 Nov 2017 

Nov 1 (Reuters) - Pennsylvania Real Estate Investment Trust :Preit reports third quarter 2017 results.Sees FY 2017 FFO per share $1.53 to $1.58.Sees FY 2017 adjusted FFO per share $1.62 to $1.67.Q3 adjusted FFO per share $0.42.FY2017 FFO per share view $1.65 -- Thomson Reuters I/B/E/S.Q3 FFO per share view $0.41 -- Thomson Reuters I/B/E/S.  Full Article

Pennsylvania REIT reports Q2 2016 results
Wednesday, 27 Jul 2016 

Pennsylvania REIT : Same store noi excluding lease terminations improved by 4.0% for quarter . Pennsylvania real estate investment trust sees 2016 ffo, as adjusted $1.84 to $1.87 . Pennsylvania real estate investment trust sees 2016 FFO per share $1.82 to $1.86 . Point of guidance . Q2 adjusted FFO per share $0.43 . Q2 FFO per share view $0.41 -- Thomson Reuters I/B/E/S . Sees 2016 average quarterly same store noi growth is expected to be 4.0% to 4.4% . Sees 2016 same store noi growth of 2.8% to 3.2% . Fy2016 FFO per share view $1.84 -- Thomson Reuters I/B/E/S .Qtrly funds from operations per diluted share and op unit $0.42.  Full Article

Pennsylvania REIT says to market Beaver Valley mall for sale
Monday, 18 Jul 2016 

Pennsylvania Real Estate Investment Trust : Decided to market beaver valley mall for sale .Decision to market beaver valley mall after shell chemical moving forward with development of petrochemical complex mile and a half from mall.  Full Article

Pennsylvania Real Estate Investment Trust says extends term loan
Wednesday, 13 Jul 2016 

Pennsylvania Real Estate Investment Trust : Entered into a modification and extension of its term loan . Amendment increased potential borrowing under agreement from $100.0 million to $250.0 million . Amendment expanded accordion feature of 7-year term loan agreement from up to $200.0 million to up to $400 million .Maturity date was extended by approximately one year, from January 7, 2021 to December 29, 2021.  Full Article

GGP brings biggest pro-rata term loan of 2018

NEW YORK, April 26 (LPC) - A US$7bn crossover loan package backing the US$15.3bn cash and stock acquisition of GGP, the second-largest mall owner in the US, by global commercial real estate giant Brookfield Property Partners LP, includes the biggest term loan A (TLA) financing of the year so far.