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3 Aug, 2023
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Pennsylvania Real Estate Investment Trust is a real estate investment trust (REIT) that focuses on the ownership, management, and redevelopment of retail properties. The company’s portfolio primarily consists of shopping malls and lifestyle centers located in the eastern United States. PREIT works to enhance its properties by adapting to changing retail trends, creating mixed-use spaces, and integrating entertainment and dining options. The company is headquartered in Philadelphia, Pennsylvania, and its shares are listed on the NYSE.