PREIT Reports Third Quarter 2022 Results
PREIT (NYSE: PEI) today reported results for the three and nine months ended September 30, 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
By AP News
Published - Nov 08, 2022, 07:00 AM ET
Last Updated - Mar 22, 2024, 11:19 AM EDT
Core Mall Total Occupancy Increased 480 Basis Points to 94.4%
Core Mall Sales Per Square Foot Were $592 in September, up 10.4% compared to 2019
Average Renewal Spreads were 8.7% for the Quarter Ended September 30
PHILADELPHIA, Nov. 8, 2022 /PRNewswire/ -- PREIT (NYSE: PEI) today reported results for the three and nine months ended September 30, 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.
