PHILADELPHIA, Aug. 5 /PRNewswire-FirstCall/ -- Pennsylvania Real Estate
Investment Trust (NYSE: PEI) ("PREIT") today announced that the Company's
management team is scheduled to present at the following New York City
investor conferences:
--The New York Society of Security Analysts' 12th Real Estate Investment
Trust Industry Conference in New York City on Wednesday August 14,
2002. PREIT's presentation is scheduled to begin at 10:40 am ET. The
conference will be held at The City Athletic Club located at 50 West
54th Street (between 5th and 6th Avenues). Event and registration
information is available online at
http://www.nyssa.org/events/reit2002_08.html .
--The Wall Street Analyst Forum in New York City on Monday September 9,
2002. PREIT's presentation is schedule to begin at 11:00 am ET. The
conference will be held at The Roosevelt Hotel, Madison Avenue at 45th
Street. Event information is available at
http://media.corporate-ir.net/media_files/Event/2002/sep/wsaf/090902.htm
Both presentations will be broadcast live at the Company's website located
at http://www.preit.com and at http://www.twst.com/econf/mm/nyssa11/pei.html for the
August 14, 2002 conference and at
http://media.corporate-ir.net/media_files/Event/2002/sep/wsaf/090902.htm for
the September 9, 2002 conference. A replay of the webcast will be available
for 14 days after the respective presentations.
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 shopping
centers (approximately 12.0 million square feet) and apartment communities
(approximately 7,242 units) located primarily in the eastern United States.
The Company's portfolio currently consists of 46 properties in 10 states. In
addition, there are 3 retail properties under development, which PREIT expects
will add approximately 1.0 million square feet to its portfolio. PREIT is
headquartered in Philadelphia, Pennsylvania.
The matters discussed in this report, as well as news releases issued from
time to time by PREIT include use of forward-looking terminology such as
"may," "will," "should," "expect," "anticipate," "estimate," "plan," or
"continue" or the negative thereof or other variations thereon, or comparable
terminology which constitute "forward-looking statements." Such forward-
looking statements (including without limitation, information concerning
PREIT's continuing dividend levels, planned acquisition, development and
divestiture activities, short- and long-term liquidity position, ability to
raise capital through public and private offerings of debt and/or equity
securities, availability of adequate funds at reasonable cost, revenues and
operating expenses for some or all of the properties, leasing activities,
occupancy rates, changes in local market conditions or other competitive
factors) involve known and unknown risks, uncertainties and other factors that
may cause the actual results, performance or achievements of PREIT's results
to be materially different from any future results, performance or
achievements expressed or implied by such forward-looking statements. PREIT
disclaims any obligation to update any such factors or to publicly announce
the result of any revisions to any of the forward-looking statements contained
herein to reflect future events or developments.
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,
+1-215-875-0700, or General Info, Joe Calabrese, +1-212-445-8434,
Analyst Info, Georganne Palffy, +1-312-266-7800, or Media Info,
Judith Sylk-Siegel, +1-212-445-8431, all of FRB Weber Shandwick
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