April 23, 2014 12:19 PM ET

Real Estate Investment Trusts (REITs)

Company Overview of Pennsylvania Real Estate Investment Trust

Company Overview

Pennsylvania Real Estate Investment Trust (PREIT) is a publicly owned equity real estate investment trust. The firm manages owns, manages, develops, acquires, and leases mall and power and strip centers primarily in the Eastern United States. It also provides management, leasing, and development services to affiliate and third party property owners. Pennsylvania Real Estate Investment Trust was founded in 1960 and is based in Philadelphia, Pennsylvania.

The Bellevue

200 South Broad Street

Philadelphia, PA 19102

United States

Founded in 1960

610 Employees

Phone:

215-875-0700

Fax:

215-546-7311

Key Executives for Pennsylvania Real Estate Investment Trust

Chief Executive Officer
Age: 61
Total Annual Compensation: $500.0K
Executive Chairman
Age: 81
Total Annual Compensation: $841.3K
Chief Financial Officer and Executive Vice President
Age: 55
Total Annual Compensation: $440.4K
Vice Chairman and Member of Office of the Chairman
Age: 70
Total Annual Compensation: $434.1K
Executive Vice President
Age: 54
Total Annual Compensation: $406.7K
Compensation as of Fiscal Year 2012.

Pennsylvania Real Estate Investment Trust Key Developments

Pennsylvania Real Estate Investment Trust Announces Resignation of George F. Rubin as Vice Chairman, Effective May 29, 2014

Pennsylvania Real Estate Investment Trust announced that George F. Rubin, the company's Vice Chairman, will be leaving as an officer of the company effective May 29, 2014. Mr. Rubin also serves as one of the company's trustees; his term will expire at the company's Annual Meeting to be held on May 30, 2014.

Pennsylvania Real Estate Investment Trust Declares Quarterly Cash Dividend on Common Shares and Preferred Shares, Payable on June 16, 2014

Pennsylvania Real Estate Investment Trust announced that its Board of Trustees has declared a quarterly cash dividend of $0.20 per common share. The dividend is payable on June 16, 2014 to common shareholders of record on June 2, 2014. The company also announced that its Board of Trustees has declared quarterly cash dividends of $0.515625 per share on its 8.25% Series A Cumulative Redeemable Perpetual Preferred Shares and $0.460938 per share on its 7.375% Series B Cumulative Redeemable Perpetual Preferred Shares. These dividends are payable on June 16, 2014 to holders of record on June 2, 2014.

Pennsylvania Real Estate Investment Trust expected to report Q1 2014 results on April 23, 2014. This event was calculated by Capital IQ (Created on March 27, 2014).

Pennsylvania Real Estate Investment Trust expected to report Q1 2014 results on April 23, 2014. This event was calculated by Capital IQ (Created on March 27, 2014).

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Recent Private Companies Transactions

Type
Date
Target
Merger/Acquisition
January 30, 2014
A Building On The Northwest Corner Of 15th And Walnut Streets
 

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To contact Pennsylvania Real Estate Investment Trust, please visit www.preit.com. Company data is provided by Capital IQ. Please use this form to report any data issues.

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