The Pennsylvania Real Estate Investment Trust, also known as PEI, is a real estate investment trust that focuses its investments in the eastern United States. As a diversified REIT, PEI invests in a variety of property types including malls, power centers, strip centers, and free-standing stores. The stock symbol for Pennsylvania Real Estate Investment Trust on major exchanges like NYSE and Nasdaq is PEI. This symbol represents the trust’s focus on real estate investments in the state of Pennsylvania and other eastern US markets.
PEI is listed on the NYSE with the ticker symbol PEI
Pennsylvania Real Estate Investment Trust trades on the New York Stock Exchange under the ticker symbol PEI. This three-letter code identifies the trust as an investment vehicle specializing in real estate assets in Pennsylvania and surrounding eastern states. By looking up PEI, investors can easily find financial information, stock quotes, and news related specifically to this diversified REIT.
The PEI ticker ties into the trust’s geographic focus
The PEI ticker symbol directly connects to the investment mandate and history of Pennsylvania Real Estate Investment Trust. PEI stands for Pennsylvania, representing the trust’s initial focus on retail real estate assets within that state when founded in 1960. While the company has expanded into other eastern US markets like New Jersey over its 60+ year operating history, the PEI ticker endures as a sign of its Pennsylvania roots.
PEI invests primarily in retail real estate in the eastern US
In addition to the stock symbol PEI referring to Pennsylvania, it also reflects the broad investment geography and asset profile of the trust. PEI focuses predominantly on acquiring and managing retail real estate like shopping malls and centers, located in eastern coastal population centers between Massachusetts and Virginia. The familiar PEI ticker thus signals to investors that the fund specializes in retail properties spanning this dense corridor of major east coast cities.
The PEI stock ticker readily identifies this specialized REIT
By possessing a unique but fitting stock symbol like PEI, Pennsylvania Real Estate Investment Trust stands out among the many REIT choices for investors. The PEI ticker immediately conveys useful information about the trust’s history, investment approach, targeted asset class, and geographic concentration. Investors can quickly grasp PEI’s value proposition as an experienced, retail-focused REIT zeroed in on the eastern US simply by recognizing its three-letter symbol.
In summary, the PEI stock ticker is the unique symbol representing Pennsylvania Real Estate Investment Trust on major stock exchanges. PEI refers directly to the trust’s home state of Pennsylvania while also signaling its specialization in retail real estate assets concentrated across the Northeastern United States.