Pennsylvania Real Estate Investment Trust, which owns and operates a portfolio of enclosed malls and shopping centers that has been staggered by recent retailer bankruptcies and shutdown orders to curb the current pandemic, is one of the first real estate investment trusts so far this year to acknowledge its survival may be in doubt.
Mall Owner Paints Uncertain Outlook of Company’s Future
Suffering Double Blows From Retail Bankruptcies and Shutdown Orders, PREIT Discloses Need to Restructure Debt
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IN THIS ARTICLE
- Properties
- Cherry Hill Mall
2000 Route 38, Cherry Hill, NJ