PEI News and Press, Pennsylvania Real Estate Investment Trust From 10/28/21

We're at the halfway point of another newsworthy real estate earnings season with roughly 75 REITs reporting third quarter results. We discuss the highlights and major developments thus far. Consistent with the trends seen across the broader equity market, REIT earnings have generally...

PREIT Announces New Q&A Platform for Shareholders Ahead of Third Quarter 2021 Earnings Call PREIT Announces New Q&A Platform for Shareholders Ahead of Third Quarter 2021 Earnings Call The Company will crowdsource questions from verified shareholders PR Newswire ...

Real estate earnings season kicks off this week. We'll see results from more than 175 equity REITs, 40 mortgage REITs, and dozens of housing industry companies over the next month. REITs enter third-quarter earnings season as the second-best-performing asset class this year with total...

U.S. equity markets rallied to their best week since July as a strong start to corporate earnings season and a solid slate of economic data temporarily eased investor jitters over potential stagflation. Rebounding for the second-straight week following a rough September, the S&am...

PREIT Schedules Third Quarter 2021 Earnings Release and Conference Call PR Newswire PHILADELPHIA , Oct. 14, 2021 /PRNewswire/ -- PREIT (NYSE: PEI) intends to release its financial results for the quarter ending September 30, 2021 before market trading be...

PREIT Portfolio Demonstrates Strength As Consumers Continue To Choose In-Person Experiences PR Newswire PHILADELPHIA , Oct. 13, 2021 /PRNewswire/ -- PREIT (NYSE: PEI), a leading real estate investment trust focused on creating thoughtful, community-centric proper...

U.S. equity markets bounced back following the worst week since February as relief over a last-minute compromise to raise the debt ceiling offset disappointment over another weaker-than-expected employment report. After flirting with "correction territory" earlier in the week, the S&a...

PREIT and Tilt to Rekindle the Amusement Experience of Willow Grove Park Paying homage to its roots as an amusement park, Willow Grove Park is set to welcome Fun at Full Blast with Tilted 10 PR Newswire PHILADELPHIA , Oct. 4, 2021 /PRNewswire/ -- PREIT (...

U.S. equity markets staged a late-week rally to end a turbulent week with gains as concerns over instability in Chinese markets were offset by signs of resilient strength across US housing markets. Snapping a skid in which the benchmark average declined in 10-of-12 trading s...

Morningstar expects the U.S. GDP to increase about 6% this year, moderating to 4.3% in 2022, said Morningstar Senior Equity Analyst Preston Caldwell during at session called "Investing in Strange Times: 2020's Implications for Long-Term Investors." That's similar to Federal Reserve'...