PREIT (PEI) Reports Q1 EPS of (49c)

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PREIT Reports First Quarter 2022 Results

May 5, 2022 6:55 AM EDT

Core Mall Sales Per Square Foot Reach $613 in March, up from $603 at Year End

Strong Leasing Activity Resulted in Core Mall Leased Space at 94.0%

Asset Sales in Process Increased to $275 Million

PHILADELPHIA, May 5, 2022 /PRNewswire/ -- PREIT (NYSE: PEI) today reported results for the three months ended March 31, 2022.  A description of each non-GAAP financial measure and the related reconciliation to the comparable GAAP financial measure is provided in the tables accompanying this release.

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