Pennsylvania Real Estate Investment (PEI) 24.80 $PEI
After Yesterday's Rally of 2.60% Shares Could Potentially Pullback
Comtex SmarTrend(R) - Thu Aug 25, 2:17PM CDT
Pennsylvania Real Estate Investment Trust (NYSE
EI) traded in a range yesterday that spanned from a low of $23.69 to a high of $24.69. Yesterday, the shares gained 2.6%, which took the trading range above the 3-day high of $24.22 on volume of 311,000 shares. Often times after large one-day gains, short term traders will seek to take profits and, as such, investors should be cautious.
PEI: 24.80 (+0.10)
Simon (SPG) Opens AC Hotel in Buckhead, Atlanta
Zacks Equity Research - Zacks Investment Research - Tue Aug 23, 4:19PM CDT
Simon Property Group Inc. (SPG) revealed the debut of renowned AC Hotels by Marriott brand at Phipps Plaza in the Buckhead district of Atlanta.
PEI: 24.80 (+0.10), SPG: 216.69 (+0.67), JWN: 51.87 (+0.84), AKR: 36.99 (+0.43)
Regency Focuses on Building Premium Portfolio: Time to Hold?
Zacks Equity Research - Zacks Investment Research - Mon Aug 22, 7:55AM CDT
We updated our research report on Regency Centers Corporation (REG) on Aug 19, 2016.
PEI: 24.80 (+0.10), REG: 81.08 (+0.95), AKR: 36.99 (+0.43), EPR: 79.58 (+1.14)
Simon Property (SPG) Opens King of Prussia Mall Expansion
Zacks Equity Research - Zacks Investment Research - Fri Aug 19, 2:28PM CDT
Simon Property Group Inc. (SPG) recently celebrated the opening of the 155,000-square-foot expansion at the iconic King of Prussia Mall situated around 25 miles northwest of Philadelphia.
PEI: 24.80 (+0.10), SHAK: 35.03 (-0.54), SPG: 216.69 (+0.67), GPS: 23.92 (-0.63)
PREIT Closes Washington Asset Sale, Pursues Transformation
Zacks Equity Research - Zacks Investment Research - Wed Aug 17, 9:32AM CDT
Pennsylvania Real Estate Investment Trust (PEI), better known as PREIT, has accomplished the sale of Washington Crown Center in Washington, PA. for $20.0 million.
PEI: 24.80 (+0.10), M: 36.64 (+0.30), AKR: 36.99 (+0.43), SHLD: 13.33 (-0.16)
PREIT Completes Sale of Washington Crown Center
PR Newswire - Tue Aug 16, 6:30AM CDT
PREIT (NYSE: PEI) announced it has completed the sale of Washington Crown Center in Washington, PA. The property was sold for $20.0 million.
PEI: 24.80 (+0.10)
The Zacks Analyst Blog Highlights: Macy's, Simon Property Group, WP GLIMCHER, Pennsylvania Real Estate Investment Trust and General Growth Properties
Zacks Equity Research - Zacks Investment Research - Mon Aug 15, 8:30AM CDT
The Zacks Analyst Blog Highlights: Macy's, Simon Property Group, WP GLIMCHER, Pennsylvania Real Estate Investment Trust and General Growth Properties
PEI: 24.80 (+0.10), GGP: 29.29 (+0.29), WPG: 13.85 (+0.06), SPG: 216.69 (+0.67), M: 36.64 (+0.30)
Anti-police brutality T-shirt kiosk vendor to return to mall
AP - Fri Aug 12, 4:45PM CDT
CHERRY HILL, N.J. (AP) — A kiosk operator who was asked to stop selling anti-police brutality T-shirts and left a mall last month says he has received an apology and plans to reopen the kiosk.
PEI: 24.80 (+0.10)
Retail REITs Dip on Macy's (M) Store Closure Announcement
Zacks Equity Research - Zacks Investment Research - Fri Aug 12, 12:35PM CDT
Shares of retail real REITs took a hit yesterday as Macy's Inc. (M) revealed its plan to shut down 100 full-line stores.
PEI: 24.80 (+0.10), GGP: 29.29 (+0.29), WPG: 13.85 (+0.06), SPG: 216.69 (+0.67), M: 36.64 (+0.30), TCO: 79.16 (+1.36)
Technical Roundup on Retail REIT Stocks -- Simon Property, Retail Properties of America, Pennsylvania REIT, and Weingarten Realty Investors
PR Newswire - Fri Aug 05, 8:00AM CDT
Stock-Callers.com has on its watch list the Retail REITs space, which is influenced by consumer spending trends and economic conditions. Compared with other types of REITs, the industry is known for being less susceptible to economic uncertainties. This morning, research reports have been issued on four equities, namely: Simon Property Group Inc. (NYSE: SPG), Retail Properties of America Inc. (NYSE: RPAI), Pennsylvania Real Estate Investment Trust (NYSE: PEI), and Weingarten Realty Investors (NYSE: WRI). Sign up today and download for free the research reports for the stocks covered today at:
PEI: 24.80 (+0.10), SPG: 216.69 (+0.67), WRI: 41.59 (+0.39), RPAI: 17.15 (+0.16)
PREIT Announces Portfolio-Wide Shopper Digital Rewards Program
PR Newswire - Thu Jun 16, 6:30AM CDT
PREIT (NYSE: PEI) today announced the launch of a shopper digital rewards program, known as PREIT Perks, which will enable shoppers to earn credit on their purchases, as well as give retailers enhanced visibility into shopper behavior at PREIT malls. The program is debuting at the Cherry Hill Mall in Cherry Hill, NJ, and will be rolled out across PREIT's portfolio over the next several months - reaching thousands of retailer locations.
PEI: 24.80 (+0.10)
PREIT Comments on Shell Chemical's Decision to Build a Petrochemical Complex in Beaver County
PR Newswire - Wed Jun 08, 3:30PM CDT
PREIT (NYSE: PEI) today comments on Shell Chemical's final investment decision to build a petrochemical complex, including an ethylene cracker, in the Pittsburgh, PA suburb of Beaver County, just one and a half miles from PREIT-owned Beaver Valley Mall:
PEI: 24.80 (+0.10)
PREIT Completes Sale of Downtown Philadelphia Properties
PR Newswire - Tue Jun 07, 6:00AM CDT
PREIT (NYSE: PEI) has completed the transactions for the sale of two street-level retail properties 1501 - 05 Walnut Street and 1520 - 22 Chestnut Street in downtown Philadelphia, representing a gain on sale of approximately $20 million and a blended 3.9% cap rate. PREIT acquired the properties in 2014 after recognizing there was sufficient tenant demand to create significant value.
PEI: 24.80 (+0.10)
PREIT Schedules Second Quarter 2016 Earnings Release and Conference Call
PR Newswire - Mon Jun 06, 3:30PM CDT
Pennsylvania Real Estate Investment Trust (PREIT/NYSE: PEI) intends to release its financial results for the quarter ending June 30, 2016 after market trading closes on Tuesday, July 26, 2016.
PEI: 24.80 (+0.10)
PREIT to Present at REITWeek® 2016: NAREIT's Investor Forum
PR Newswire - Wed Jun 01, 3:30PM CDT
Pennsylvania Real Estate Investment Trust (PREIT/NYSE: PEI) today announced that Chief Executive Officer Joseph F. Coradino and Executive Vice President and Chief Financial Officer Robert F. McCadden will present at NAREIT's REITWeek® 2016 in New York, New York.
PEI: 24.80 (+0.10)
Realty Income (O) Closes Offering of 6.5M Common Shares
Zacks Equity Research - Zacks Investment Research - Wed May 25, 5:11AM CDT
Realty Income Corporation (O) has closed the offering of 6.5 million common shares.
PEI: 24.80 (+0.10), ROIC: 22.60 (+0.39), BFS: 67.65 (+1.22), O: 66.27 (+0.53)
Simon Property (SPG) Poised for Growth on Strong Pipeline
Zacks Equity Research - Zacks Investment Research - Tue May 24, 8:08AM CDT
Simon Property Group Inc. (SPG) seems well poised to capitalize on any improving trend in the retail real estate market, given its impressive redevelopment and expansion pipeline.
PEI: 24.80 (+0.10), ROIC: 22.60 (+0.39), SPG: 216.69 (+0.67), UE: 29.12 (+0.50)
Keeping Concertgoers Charged, Three Local Philly Businesses Unite
PRWeb - Thu May 12, 8:17AM CDT
Philly startup ChargeItSpot (http://www.chargeitspot.com), the leading provider of phone charging stations, has expanded its partnership with shopping mall operator PREIT (Pennsylvania Real Estate Investment Trust). As a 2016 season sponsor of the Mann Center for the Performing Arts, PREIT teamed up with ChargeItSpot - already present in 10 PREIT-owned malls - to promote its brand in an innovative way. PREIT will be featured prominently on the external kiosk wrap, digital touchscreen interface and via SMS messaging sent to customers who charge their phones during concerts.
PEI: 24.80 (+0.10)
Agree Realty (ADC) Raises 2016 Acquisition Guidance
Zacks Equity Research - Zacks Investment Research - Thu May 12, 7:53AM CDT
Agree Realty Corp. (ADC) has made the announcement of raising the acquisition guidance range for 2016 from the earlier range of $175 million-$200 million to a new range of $250 million-$275 million.
PEI: 24.80 (+0.10), ROIC: 22.60 (+0.39), RPAI: 17.15 (+0.16), ADC: 48.35 (+0.67)
PREIT Declares Quarterly Dividend for Common and Preferred Shares
PR Newswire - Mon May 09, 3:30PM CDT
Pennsylvania Real Estate Investment Trust (NYSE: PEI) announced today that its Board of Trustees has declared a quarterly cash dividend of $0.21 per common share. The dividend is payable on June 15, 2016 to common shareholders of record on June 1, 2016. The June 15th dividend payment will be the Company's 157th consecutive distribution since its initial dividend paid in August of 1962.
PEI: 24.80 (+0.10)
After Yesterday's Rally of 2.60% Shares Could Potentially Pullback
Comtex SmarTrend(R) - Thu Aug 25, 2:17PM CDT
Pennsylvania Real Estate Investment Trust (NYSE
EI) traded in a range yesterday that spanned from a low of $23.69 to a high of $24.69. Yesterday, the shares gained 2.6%, which took the trading range above the 3-day high of $24.22 on volume of 311,000 shares. Often times after large one-day gains, short term traders will seek to take profits and, as such, investors should be cautious. PEI: 24.80 (+0.10)
Simon (SPG) Opens AC Hotel in Buckhead, Atlanta
Zacks Equity Research - Zacks Investment Research - Tue Aug 23, 4:19PM CDT
Simon Property Group Inc. (SPG) revealed the debut of renowned AC Hotels by Marriott brand at Phipps Plaza in the Buckhead district of Atlanta.
PEI: 24.80 (+0.10), SPG: 216.69 (+0.67), JWN: 51.87 (+0.84), AKR: 36.99 (+0.43)
Regency Focuses on Building Premium Portfolio: Time to Hold?
Zacks Equity Research - Zacks Investment Research - Mon Aug 22, 7:55AM CDT
We updated our research report on Regency Centers Corporation (REG) on Aug 19, 2016.
PEI: 24.80 (+0.10), REG: 81.08 (+0.95), AKR: 36.99 (+0.43), EPR: 79.58 (+1.14)
Simon Property (SPG) Opens King of Prussia Mall Expansion
Zacks Equity Research - Zacks Investment Research - Fri Aug 19, 2:28PM CDT
Simon Property Group Inc. (SPG) recently celebrated the opening of the 155,000-square-foot expansion at the iconic King of Prussia Mall situated around 25 miles northwest of Philadelphia.
PEI: 24.80 (+0.10), SHAK: 35.03 (-0.54), SPG: 216.69 (+0.67), GPS: 23.92 (-0.63)
PREIT Closes Washington Asset Sale, Pursues Transformation
Zacks Equity Research - Zacks Investment Research - Wed Aug 17, 9:32AM CDT
Pennsylvania Real Estate Investment Trust (PEI), better known as PREIT, has accomplished the sale of Washington Crown Center in Washington, PA. for $20.0 million.
PEI: 24.80 (+0.10), M: 36.64 (+0.30), AKR: 36.99 (+0.43), SHLD: 13.33 (-0.16)
PREIT Completes Sale of Washington Crown Center
PR Newswire - Tue Aug 16, 6:30AM CDT
PREIT (NYSE: PEI) announced it has completed the sale of Washington Crown Center in Washington, PA. The property was sold for $20.0 million.
PEI: 24.80 (+0.10)
The Zacks Analyst Blog Highlights: Macy's, Simon Property Group, WP GLIMCHER, Pennsylvania Real Estate Investment Trust and General Growth Properties
Zacks Equity Research - Zacks Investment Research - Mon Aug 15, 8:30AM CDT
The Zacks Analyst Blog Highlights: Macy's, Simon Property Group, WP GLIMCHER, Pennsylvania Real Estate Investment Trust and General Growth Properties
PEI: 24.80 (+0.10), GGP: 29.29 (+0.29), WPG: 13.85 (+0.06), SPG: 216.69 (+0.67), M: 36.64 (+0.30)
Anti-police brutality T-shirt kiosk vendor to return to mall
AP - Fri Aug 12, 4:45PM CDT
CHERRY HILL, N.J. (AP) — A kiosk operator who was asked to stop selling anti-police brutality T-shirts and left a mall last month says he has received an apology and plans to reopen the kiosk.
PEI: 24.80 (+0.10)
Retail REITs Dip on Macy's (M) Store Closure Announcement
Zacks Equity Research - Zacks Investment Research - Fri Aug 12, 12:35PM CDT
Shares of retail real REITs took a hit yesterday as Macy's Inc. (M) revealed its plan to shut down 100 full-line stores.
PEI: 24.80 (+0.10), GGP: 29.29 (+0.29), WPG: 13.85 (+0.06), SPG: 216.69 (+0.67), M: 36.64 (+0.30), TCO: 79.16 (+1.36)
Technical Roundup on Retail REIT Stocks -- Simon Property, Retail Properties of America, Pennsylvania REIT, and Weingarten Realty Investors
PR Newswire - Fri Aug 05, 8:00AM CDT
Stock-Callers.com has on its watch list the Retail REITs space, which is influenced by consumer spending trends and economic conditions. Compared with other types of REITs, the industry is known for being less susceptible to economic uncertainties. This morning, research reports have been issued on four equities, namely: Simon Property Group Inc. (NYSE: SPG), Retail Properties of America Inc. (NYSE: RPAI), Pennsylvania Real Estate Investment Trust (NYSE: PEI), and Weingarten Realty Investors (NYSE: WRI). Sign up today and download for free the research reports for the stocks covered today at:
PEI: 24.80 (+0.10), SPG: 216.69 (+0.67), WRI: 41.59 (+0.39), RPAI: 17.15 (+0.16)
PREIT Announces Portfolio-Wide Shopper Digital Rewards Program
PR Newswire - Thu Jun 16, 6:30AM CDT
PREIT (NYSE: PEI) today announced the launch of a shopper digital rewards program, known as PREIT Perks, which will enable shoppers to earn credit on their purchases, as well as give retailers enhanced visibility into shopper behavior at PREIT malls. The program is debuting at the Cherry Hill Mall in Cherry Hill, NJ, and will be rolled out across PREIT's portfolio over the next several months - reaching thousands of retailer locations.
PEI: 24.80 (+0.10)
PREIT Comments on Shell Chemical's Decision to Build a Petrochemical Complex in Beaver County
PR Newswire - Wed Jun 08, 3:30PM CDT
PREIT (NYSE: PEI) today comments on Shell Chemical's final investment decision to build a petrochemical complex, including an ethylene cracker, in the Pittsburgh, PA suburb of Beaver County, just one and a half miles from PREIT-owned Beaver Valley Mall:
PEI: 24.80 (+0.10)
PREIT Completes Sale of Downtown Philadelphia Properties
PR Newswire - Tue Jun 07, 6:00AM CDT
PREIT (NYSE: PEI) has completed the transactions for the sale of two street-level retail properties 1501 - 05 Walnut Street and 1520 - 22 Chestnut Street in downtown Philadelphia, representing a gain on sale of approximately $20 million and a blended 3.9% cap rate. PREIT acquired the properties in 2014 after recognizing there was sufficient tenant demand to create significant value.
PEI: 24.80 (+0.10)
PREIT Schedules Second Quarter 2016 Earnings Release and Conference Call
PR Newswire - Mon Jun 06, 3:30PM CDT
Pennsylvania Real Estate Investment Trust (PREIT/NYSE: PEI) intends to release its financial results for the quarter ending June 30, 2016 after market trading closes on Tuesday, July 26, 2016.
PEI: 24.80 (+0.10)
PREIT to Present at REITWeek® 2016: NAREIT's Investor Forum
PR Newswire - Wed Jun 01, 3:30PM CDT
Pennsylvania Real Estate Investment Trust (PREIT/NYSE: PEI) today announced that Chief Executive Officer Joseph F. Coradino and Executive Vice President and Chief Financial Officer Robert F. McCadden will present at NAREIT's REITWeek® 2016 in New York, New York.
PEI: 24.80 (+0.10)
Realty Income (O) Closes Offering of 6.5M Common Shares
Zacks Equity Research - Zacks Investment Research - Wed May 25, 5:11AM CDT
Realty Income Corporation (O) has closed the offering of 6.5 million common shares.
PEI: 24.80 (+0.10), ROIC: 22.60 (+0.39), BFS: 67.65 (+1.22), O: 66.27 (+0.53)
Simon Property (SPG) Poised for Growth on Strong Pipeline
Zacks Equity Research - Zacks Investment Research - Tue May 24, 8:08AM CDT
Simon Property Group Inc. (SPG) seems well poised to capitalize on any improving trend in the retail real estate market, given its impressive redevelopment and expansion pipeline.
PEI: 24.80 (+0.10), ROIC: 22.60 (+0.39), SPG: 216.69 (+0.67), UE: 29.12 (+0.50)
Keeping Concertgoers Charged, Three Local Philly Businesses Unite
PRWeb - Thu May 12, 8:17AM CDT
Philly startup ChargeItSpot (http://www.chargeitspot.com), the leading provider of phone charging stations, has expanded its partnership with shopping mall operator PREIT (Pennsylvania Real Estate Investment Trust). As a 2016 season sponsor of the Mann Center for the Performing Arts, PREIT teamed up with ChargeItSpot - already present in 10 PREIT-owned malls - to promote its brand in an innovative way. PREIT will be featured prominently on the external kiosk wrap, digital touchscreen interface and via SMS messaging sent to customers who charge their phones during concerts.
PEI: 24.80 (+0.10)
Agree Realty (ADC) Raises 2016 Acquisition Guidance
Zacks Equity Research - Zacks Investment Research - Thu May 12, 7:53AM CDT
Agree Realty Corp. (ADC) has made the announcement of raising the acquisition guidance range for 2016 from the earlier range of $175 million-$200 million to a new range of $250 million-$275 million.
PEI: 24.80 (+0.10), ROIC: 22.60 (+0.39), RPAI: 17.15 (+0.16), ADC: 48.35 (+0.67)
PREIT Declares Quarterly Dividend for Common and Preferred Shares
PR Newswire - Mon May 09, 3:30PM CDT
Pennsylvania Real Estate Investment Trust (NYSE: PEI) announced today that its Board of Trustees has declared a quarterly cash dividend of $0.21 per common share. The dividend is payable on June 15, 2016 to common shareholders of record on June 1, 2016. The June 15th dividend payment will be the Company's 157th consecutive distribution since its initial dividend paid in August of 1962.
PEI: 24.80 (+0.10)
