Tag:

REIT

March 14, 2024

Webinar: The 2024 REIT Market Outlook with Bloomberg Intelligence

Image On a Jan. 11 webinar hosted by Bloomberg Intelligence and Nareit, panelists discussed if the end of the Federal Reserve’s tightening cycle could herald a recovery for REIT performance.

REIT News

March 14, 2024

2023 Lookback: Top Industry Trends from the Insiders at Federal Realty

Reimagining Retail A quick glance reveals that the world of retail has undergone a transformation–from purely transactional spaces to environments […] The post 2023 Lookback: Top Industry Trends from the Insiders at Federal Realty appeared first on Federal Realty Investment Trust.

REIT News

March 14, 2024

REITs Find Competitive Edge in Challenging Capital Markets

Image REITs with low leverage and ample liquidity will be positioned to select premium properties at discounted prices, experts say.

REIT News

March 14, 2024

Cohen & Steers Launches Tool to Aid Investor Real Estate Allocation Decisions

Image Cohen & Steers’ Jeff Palma says real estate has been an under-owned asset class.

REIT News

March 14, 2024

Spotlight on Jacksonville Mall

Jacksonville Mall is located in the heart of Jacksonville, North Carolina, just 40 minutes from Wilmington and 15 minutes from the Intracoastal Waterway. Onslow County is a tourist destination attracting people to its sports events, festivals, and beaches. The local Marine Corps Base, Camp Lejeune, and Cherry Point Air Station contribute to the over 170k… The post Spotlight on Jacksonville Mall appeared first on PREIT.

REIT News

March 14, 2024

Main Event Entertainment Venue Plans First Michigan Location at Woodland Mall

Construction Underway for the First-to-Market Venue, Set to Open in 2024 Woodland Mall has announced it will welcome Main Event, a first-to-market entertainment venue and first-to-portfolio tenant for Woodland’s parent company, PREIT, in 2024. The venue’s first Michigan location will feature entertainment for all ages including interactive and virtual video games, state-of-the-art arcade games, laser… The post Main Event Entertainment Venue Plans First Michigan Location at Woodland Mall appeared first on PREIT.

REIT News

March 14, 2024

Over a Dozen Diverse and Impactful Tenants in 575,000 Square Feet Opening Throughout PREIT Portfolio, Strengthening Core Assets

PREIT (OTCQB: PRET) welcomed several new and diverse tenants across its portfolio. For over a decade, PREIT has focused on going beyond traditional mall tenancy to include leisure and entertainment options, traditional open air tenants, grocers, healthcare and more. Accentuating this effort are several recent and upcoming openings: LEGO Discovery Center at Springfield Town Center… The post Over a Dozen Diverse and Impactful Tenants in 575,000 Square Feet Opening Throughout PREIT Portfolio, Strengthening Core Assets appeared first on PREIT.

REIT News

March 14, 2024

PREIT Reports Second Quarter 2023 Results

Core Mall Total Occupancy Grew to 94.2%, Portfolio 95.0% Leased Core Mall Sales Per Square Foot Were $592 in June Average Renewal Spreads Were 4.7% for the Quarter Ended June 30, 2023 PREIT (OTCQB:PRET) today reported results for the three and six months ended June 30, 2023. A description of each non-GAAP financial measure and… The post PREIT Reports Second Quarter 2023 Results appeared first on PREIT.

REIT News

March 14, 2024

PREIT Properties Celebrated Black Business Month

In the month of August, PREIT properties partnered with local businesses and tenants like Curate Noir to host showcases and expos featuring Black-owned businesses. Many of our properties hosted showcases that brought Black-owned vendors into the mall, introducing our shoppers to new products and small locally-owned businesses. Cherry Hill Mall and Moorestown Mall partnered with… The post PREIT Properties Celebrated Black Business Month appeared first on PREIT.