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REIT

March 14, 2024

Spotlight on Willow Grove Park

Willow Grove Park is conveniently located in Willow Grove, PA easily accessible from the PA Turnpike and Route 611 – attracting shoppers from Philadelphia and its suburbs. Willow Grove is an affluent suburb and the surrounding communities are home to many of the area’s wealthiest households, with 35% earning over $100k. There are many major… The post Spotlight on Willow Grove Park appeared first on PREIT.

REIT News

March 14, 2024

PREIT Reports Third Quarter 2023 Results

Core Mall Total Occupancy 93.6%, Portfolio 94.8% Leased Average Renewal Spreads Were 8.5% for the Quarter Ended September 30, 2023 Philadelphia, November 14, 2023 – PREIT today reported results for the three and nine months ended September 30, 2023. A description of each non-GAAP financial measure and the related reconciliation to the comparable GAAP financial… The post PREIT Reports Third Quarter 2023 Results appeared first on PREIT.

REIT News

March 14, 2024

MAA Rings Closing Bell at NYSE to Celebrate 30 Years as a Public Company

Image CEO Eric Bolton says the multifamily REIT looks forward to building on its record of success.

REIT News

March 14, 2024

Webinar: Sustainability for CRE in 2024

Image REIT industry leaders discussed how they are addressing key sustainability focus areas on in 2024.

REIT News

March 14, 2024

REIT Valuations Look Attractive Amid Favorable Macro Backdrop: Morgan Stanley

Image Morgan Stanley’s Laurel Durkay sees 5%-15% cashflow growth in newer REIT sectors.

REIT News

March 14, 2024

Names to Note: January 2024

Image Each month, Nareit highlights recent executive career moves, board changes, and other notable individual achievements within the REIT and publicly listed real estate market.

REIT News

March 14, 2024

Timberland REITs Benefiting from Stability of Underlying Assets, Multiple Value Drivers

Image Analysts say anticipated improvement in single-family residential sector should support performance this year.

REIT News

March 14, 2024

PREIT Looks Forward to Welcoming Coveted Brand Primark to Mall at Prince George’s

PREIT today announced the execution of a lease with Primark at Mall at Prince George’s in Hyattsville, MD. The retailer will take 30,000 square feet and plans to open in 2025. The store will be located in the space formerly occupied by JC Penney, highlighting PREIT’s robust track record of replacing anchor stores across its… The post PREIT Looks Forward to Welcoming Coveted Brand Primark to Mall at Prince George’s appeared first on PREIT.