Pennsylvania Real Estate Investment Trust news and trends

Malls Contend With Store Closings In The First Quarter
Retail // May 03, 2018

Restaurants and retail landlords reported a mixed bag of first-quarter earnings results on Wednesday (May 2), beating analysts’ expectations in some cases and falling short at times. Looking forward to digital and retail transformations, companies such as Yum! Brands are optimistic about the future. Restaurants...

Quick Reads
Mall Owner PREIT Makes Second Bankruptcy Filing in 3 Years

December 12, 2023
Pennsylvania Real Estate Investment Trust (PREIT), a prominent mall owner in the eastern United States, filed for bankruptcy for the second time in three years, highlighting the challenges faced by mall owners in the current retail landscape. The company is seeking to shed $880 million of debt that has built up due to high interest […]

Malls Contend With Store Closings In The First Quarter

May 03, 2018
Restaurants and retail landlords reported a mixed bag of first-quarter earnings results on Wednesday (May 2), beating analysts’ expectations in some cases and falling short at times. Looking forward to...