Activist Knocks PREIT Mall Sale Plan, Urges Bigger Move

By Karlee Weinmann · January 6, 2015, 3:56 PM EST

An activist investor on Tuesday blasted Pennsylvania Real Estate Investment Trust's plan to hive off a handful of malls, calling it a "baby step" toward delivering shareholder value and urging a...

To view the full article, register now.

Try a seven day FREE Trial

Already a subscriber? Click here to login

Recent Articles By Karlee

March 11, 2015
Flagging Sears Canada Plans $140M Leaseback Deal
March 09, 2015
Mall Magnate Simon Offers $16B For Rival Macerich
February 10, 2015
China's Dalian Wanda Inks $1.2B Deal To Expand Sports Biz
February 03, 2015
Mall Owners Ink $6B Merger To Spawn New Aussie REIT
January 30, 2015
Ivanhoe Nets $190M In Sale Of 2 Canadian Shopping Malls
December 01, 2014
German RE Giants' $5B Tie-Up To Spawn New Powerhouse
November 07, 2014
Sears Considers Forming REIT In Quest For Liquidity
October 14, 2014
Crown Castle Pressed To Pay Up Before More Deal Making
September 16, 2014
Deal Makers Start Week With A Multibillion-Dollar Bang
August 18, 2014
KKR Dives Into Aussie RE Market In $112M Deal