PHILADELPHIA, Feb. 9 /PRNewswire/ -- Pennsylvania Real Estate Investment
Trust (NYSE: PEI) announced today that it intends to release its financial
results for the fourth quarter and twelve months ended December 31, 2000
before the market opens on Wednesday, February 28, 2001. Management will
conduct a conference call that will be broadcast simultaneously over the
Internet at 11:00 EST on February 28, 2001 to review the Company's year-end
results, market trends and future outlook.
The webcast will be available to the public, on a listen-only basis, via
the Internet at http://www.vcall.com or the Company's website at
http://www.preit.com . Please allow extra time prior to the webcast to visit
the site and download the streaming media software required to listen to the
Internet broadcast. The online archive of the webcast will be available for
30 days.
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 shopping
centers (approximately 9.8 million square feet) and apartment communities
(7,242 units) located primarily in the eastern United States. The Company's
portfolio currently consists of 45 properties in 10 states. In addition,
there are 6 retail properties under development, which will add approximately
3.0 million square feet to the portfolio. Pennsylvania Real Estate Investment
Trust is headquartered in Philadelphia, Pennsylvania.
To receive additional information on Pennsylvania Real Estate Investment
Trust via fax at no charge, please dial 1-800-PRO-INFO and enter the ticker
symbol PEI.
SOURCE Pennsylvania Real Estate Investment Trust
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Related links:
http://www.preit.com
CONTACT:
Edward A. Glickman, Executive Vice President
and CFO of Pennsylvania Real Estate Investment Trust,
215-875-0700; or General, Joe Calabrese, 212-661-8030, Analysts,
Georganne Palffy, 312-266-7800, or Media, Judith Sylk-Siegel,
212-661-8030, all of The Financial Relations Board
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