UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
_____________
FORM 8-K
CURRENT REPORT
Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934
Date of report (Date of earliest event reported) November 15, 2005
| Pennsylvania Real Estate Investment Trust |
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| (Exact Name of Registrant as Specified in its Charter) |
| Pennsylvania | | | 1-6300 | | | 23-6216339 | |
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(State or Other Jurisdiction
of Incorporation or Organization) | | | (Commission
File Number) | | | (IRS Employer
Identification No.) | |
| The Bellevue, 200 S. Broad Street, Philadelphia, Pennsylvania | | | 19102 | |
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| (Address of Principal Executive Offices) | | | (Zip Code) | |
Registrant’s telephone number, including area code: (215) 875-0700
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| (Former Name or Former Address, if Changed Since Last Report) |
Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:
 | Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425) |
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| Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12) |
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| Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b)) |
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| Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c)) |
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Item 8.01 Other Events
On November 15, 2005, Pennsylvania Real Estate Investment Trust (the “Company”) received approval by the lenders under the Company’s $500 million credit agreement (the “Credit Facility”) of the Company’s request for an extension of the time period during which the Company may, under prescribed conditions, seek to increase the maximum amount available under the Credit Facility to $650 million. The Company’s right to seek the increase had been scheduled to expire on November 20, 2005, but will now extend until the termination date of the Credit Facility. The Credit Facility has a term that expires in November 2007, and the Company has an option for an additional 14 month extension, provided that there is no event of default at that time.
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Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
| PENNSYLVANIA REAL ESTATE INVESTMENT TRUST |
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| Date: November 18, 2005 | By: | /s/ Jonathan B. Weller |
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| | | Jonathan B. Weller |
| | | Vice Chairman |
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