Craft

Pennsylvania Real Estate Investment Trust

Stock Price

$1.5

2023-02-16

Market Capitalization

$191.7 M

2023-02-16

Revenue

$296 M

FY, 2022

Pennsylvania Real Estate Investment Trust Summary

Company Summary

Overview
PREIT is a publicly traded real estate investment trust specializing in the ownership and management of differentiated shopping malls. Headquartered in Philadelphia, Pennsylvania, the company owns and operates over 26 million square feet of retail space in the eastern half of the United States with concentration in the Mid-Atlantic region’s top MSAs. Since 2012, the company has driven a transformation guided by an emphasis on balance sheet strength, high-quality merchandising and disciplined capital expenditures.
Type
Public
Status
Active
Founded
1960
HQ
Philadelphia, PA, US | view all locations
Website
http://preit.com/
Cybersecurity rating
ESG rating
40-49 out of 100|View all ESG data
Sectors

LocationsView all

3 locations detected

  • Philadelphia, PA HQ

    United States

    200 S Broad St

  • Grand Rapids, MI

    United States

    Grand Rapids, MI, USA

  • Plymouth, England

    United Kingdom

Pennsylvania Real Estate Investment Trust Financials

Summary Financials

Revenue (Q3, 2023)
$68.0M
Net income (Q3, 2023)
($57.9M)
Cash (Q3, 2023)
$22.1M
Enterprise value
$269.0M

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