Pennsylvania Real Estate Investment Trust Announces the Impairment of Assets for the Fourth Quarter Ended December 31, 2022

PREIT Realty, LLC is a real estate investment trust (PREIT). PREIT owns and manages properties developed to be thoughtful, community-centric hubs. PREIT is a developer and operator of retail and entertainment destinations. Its portfolio includes Cherry Hill Mall, Woodland Mall, Willow Grove Park, Mall at Prince George’s, Springfield Town Center, Plymouth Meeting Mall, Valley Mall, Capital City Mall, Patrick Henry Mall, Dartmouth Mall, Francis Scott Key Mall, Jacksonville Mall, Viewmont Mall, Moorestown Mall, Magnolia Mall, Springfield Mall, and Exton Square. Cherry Hill Mall is a super-regional shopping mall in Cherry. Woodland Mall is the premier shopping center in Western Michigan.