Investor Presentaiton
BACKGROUND
PREIT owns and operates distinctive real estate in high barrier-to-entry markets.
PREIT has benefitted from a focused asset sale program, shaped by management's foresight over the past eight years;
reducing exposure to underperforming mall real estate
The Company's proven management team has an average of 23 years of experience at PREIT and has a strong track
record of redeveloping and repositioning assets, with intimate knowledge of the operations, tenant base and ongoing
densification opportunities
Smaller portfolio is easily understood on an asset-by-asset basis versus peer portfolios
Completion of significant capital investment over the last five years positions assets to benefit from embedded growth as
recovery strengthens
Proven ability to undertake and benefit from densification opportunities
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