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Pennsylvania Real Estate Investment Trust - Price Analysis Snapshot
This Report features up to a ten-year record of the equity Price history for Pennsylvania Real Estate Investment Trust. Tabular results include the High, Low and Closing price for the quarter. There is also a calculation of percentage change in price for both Quarterly and Annual periods. Price values are adjusted for stock splits and dividends.
Pennsylvania Real Estate Investment Trust. The Group's principal activity is to engage in the ownership, management, development, redevelopment, acquisition and leasing of retail shopping malls and power and strip centres (approximately 34.6 million square feet) located in the eastern United States. The Group's portfolio consists of 55 properties, including 38 shopping malls, 14 power and strip centres and six properties under development. The Group has elected to qualify as a real estate investment trust under Sections 856-860 of the Internal Revenue Code of 1986. The Company provides its management, leasing and real estate development services through two companies: PREIT Service LLC and PREIT-RUBIN Inc. PREIT Service LLC generally develops and manages properties that the Company consolidates for financial reporting purposes and PREIT-RUBIN Inc vice versa. In July 2008, the Group acquired a parcel in Lancaster.
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