PHILADELPHIA, Sept. 5 /PRNewswire/ -- Pennsylvania Real Estate Investment
Trust (NYSE: PEI) today announced that Jonathan B. Weller, President and Chief
Operating Officer, and Edward A. Glickman, Executive Vice President and Chief
Financial Officer, will be among the REIT industry executives presenting to
analysts and portfolio managers at the 41st Institutional Investor Conference
in New York City on Monday, September 10, 2001. The presentation is scheduled
to begin at 10:20 a.m. Eastern. The conference is a three-day event sponsored
by The Wall Street Analyst Forum and held at The Roosevelt Hotel located on
Madison Avenue at 45th in New York.
A simultaneous webcast of the Company's presentation will be available via
http://www.preit.com or a schedule can be accessed at:
http://www.corporate-ir.net/media_files/priv/wsaf/schedule/091001.htm . Please
allow extra time prior to the presentation to visit the website and download
the necessary software required for the Internet broadcast. The online archive
of the presentation will be available for 30 days. Additionally, a copy of the
material used during the presentation will be available in the Investor
Information section of the Pennsylvania Real Estate Investment Trust website
at http://www.preit.com .
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 10.7 million square feet) and apartment communities
(approximately 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 PREIT expects
will add approximately 1.6 million square feet to its portfolio. PREIT is
headquartered in Philadelphia, Pennsylvania.
This press release contains certain "forward-looking statements" within
the meaning of Section 21E of the Securities and Exchange Act of 1934, as
amended and the Private Securities Litigation Reform Act of 1995. Forward-
looking statements relate to expectations, beliefs, projections, future plans
and strategies, anticipated events or trends and similar expressions
concerning matters that are not historical facts. These forward-looking
statements reflect PREIT management's current views about future events and
are subject to risks, uncertainties, assumptions and changes in circumstances
that may cause PREIT's actual results to differ significantly from those
expressed in any forward-looking statement. Certain factors that could cause
actual results to differ materially from expected results include changes in
global economic, business, competitive market and regulatory factors, many of
which are outside PREIT's control. For more information regarding risk
factors relevant to PREIT that could cause such a difference, please see
PREIT's filings with the Securities and Exchange Commission, including its
most recent annual report on Form 10-K. PREIT does not intend and disclaims
any duty or obligation to update or revise any industry information or
forward-looking statements set forth in this press release to reflect new
information, future events or otherwise.
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, Leslie Loyet, +1-312-266-7800, or Media Info,
Judith Sylk-Siegel, +1-212-445-8431, all of The Financial
Relations Board BSMG Worldwide
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