BRIEF-PREIT Provides Covid-19 Update

April 8 (Reuters) - Pennsylvania Real Estate Investment Trust (PEI):

* PREIT PROVIDES COVID-19 UPDATE

* PREIT - LAST WEEK, IMPLEMENTING A FURLOUGH OF 37% OF OUR STAFF

* PREIT - FURLOUGH IMPACTED 41 OF OUR CORPORATE OFFICE COLLEAGUES AND 62 OF OUR PROPERTY COLLEAGUES

* PREIT - CONTINUE TO PROVIDE BENEFITS TO IMPACTED EMPLOYEES THROUGH FURLOUGH

* PREIT - SUBMITTED AN APPLICATION FOR STIMULUS FUNDS AVAILABLE THROUGH CARES ACT

* PREIT - FUNDS ARE BEING PURSUED THROUGH PAYCHECK PROTECTION PLAN Source text for Eikon: Further company coverage:

Copyright © Reuters 2008. All rights reserved. Republication or redistribution of Reuters content, including by caching, framing or similar means, is expressly prohibited without the prior written consent of Reuters. Reuters and the Reuters sphere logo are registered trademarks and trademarks of the Reuters group of companies around the world.

Search News

Filter Results

Publication Date
Topic
Provider

News, commentary and research reports are from third-party sources unaffiliated with Fidelity. Fidelity does not endorse or adopt their content. Fidelity makes no guarantees that information supplied is accurate, complete, or timely, and does not provide any warranties regarding results obtained from their use.