Pennsylvania Real Estate Investment Trust (PEI-PB)
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DESCRIPTION
PREIT (NYSE:PEI) is a publicly traded real estate investment trust that owns and manages quality properties in compelling markets. PREIT's robust portfolio of carefully curated retail and lifestyle offerings mixed with destination dining and entertainment experiences are located primarily in the densely-populated eastern U.S. with concentrations in the mid-Atlantic's top MSAs. Since 2012, the Company has driven a transformation guided by an emphasis on portfolio quality and balance sheet strength driven by disciplined capital expenditures.
NEWS
PREIT Reports Tax Status of 2012 Distributions
businesswire.com
2013-01-17 16:05:00PHILADELPHIA--(BUSINESS WIRE)--Pennsylvania Real Estate Investment Trust (NYSE: PEI) today announced that the tax status of the distributions paid per share during 2012 is as follows: The above reflects the per share amounts of distributions paid by PREIT on its outstanding common shares and its Series A and Series B preferred shares during 2012, which will be reported on IRS Form 1099-DIV. Shareholders are encouraged to consult with their tax advisors regarding the inclusion of these amounts on Federal income tax returns as applicable. This release is based on the preliminary results of work on the Company's tax filings and is subject to correction or adjustment when the filings are completed. The Company is releasing information at this time to aid those required to distribute Forms 1099 on the Company's distributions. No material change in these classifications is expected. Information about distributions paid for common and preferred shares can also be found at the website of the National Association of Real Estate Investment Trusts (NAREIT), www.reit.com, or by contacting NAREIT by phone at (800) 3-NAREIT or (800-362-7348). About Pennsylvania Real Estate Investment Trust Pennsylvania Real Estate Investment Trust, founded in 1960 and one of the first equity REITs in the U.S., has a primary investment focus on retail shopping malls. Currently, the Company's portfolio of 47 properties comprises 37 shopping malls, seven community and power centers, and three development properties. The Company’s properties are located in 13 states in the eastern half of the United States, primarily in the Mid-Atlantic region. The operating retail properties have approximately 31.9 million total square feet of space. PREIT, headquartered in Philadelphia, Pennsylvania, is publicly traded on the NYSE under the symbol PEI. The Company's website can be found at www.preit.com. Additional information about PREIT is available on www.preit.com.
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PREIT Reports Tax Status of 2012 Distributions
businesswire.com
2013-01-17 16:05:00PHILADELPHIA--(BUSINESS WIRE)--Pennsylvania Real Estate Investment Trust (NYSE: PEI) today announced that the tax status of the distributions paid per share during 2012 is as follows: The above reflects the per share amounts of distributions paid by PREIT on its outstanding common shares and its Series A and Series B preferred shares during 2012, which will be reported on IRS Form 1099-DIV. Shareholders are encouraged to consult with their tax advisors regarding the inclusion of these amounts on Federal income tax returns as applicable. This release is based on the preliminary results of work on the Company's tax filings and is subject to correction or adjustment when the filings are completed. The Company is releasing information at this time to aid those required to distribute Forms 1099 on the Company's distributions. No material change in these classifications is expected. Information about distributions paid for common and preferred shares can also be found at the website of the National Association of Real Estate Investment Trusts (NAREIT), www.reit.com, or by contacting NAREIT by phone at (800) 3-NAREIT or (800-362-7348). About Pennsylvania Real Estate Investment Trust Pennsylvania Real Estate Investment Trust, founded in 1960 and one of the first equity REITs in the U.S., has a primary investment focus on retail shopping malls. Currently, the Company's portfolio of 47 properties comprises 37 shopping malls, seven community and power centers, and three development properties. The Company’s properties are located in 13 states in the eastern half of the United States, primarily in the Mid-Atlantic region. The operating retail properties have approximately 31.9 million total square feet of space. PREIT, headquartered in Philadelphia, Pennsylvania, is publicly traded on the NYSE under the symbol PEI. The Company's website can be found at www.preit.com. Additional information about PREIT is available on www.preit.com.