Pennsylvania Real Estate Investment Trust (PRET) 8-K/A Results of Operations and Financial Condition

Exhibit 99.1

Pennsylvania Real Estate Investment Trust

Mall Sales and Rent Per Square Foot

	% of Rolling 12 Month Mall NOI			September 30, 2012							September 30, 2011							Change
REVISED				Avg Base Rent(1)		Avg Comp Sales(2)		Occup. Cost Ratio(2)			Avg Base Rent(1)		Avg Comp Sales(2)		Occup. Cost Ratio(2)			Avg Base Rent(1)			Avg Comp Sales(2)			Occup. Cost Ratio(2)
Sales per square foot over $400		33.5	%
Cherry Hill Mall				$	49.29	$	639		12.8	%	$	46.66	$	577		13.4	%		5.6	%		10.7	%		-0.6	%
Lehigh Valley Mall					44.60		585		11.2	%		45.36		541		12.3	%		-1.7	%		8.1	%		-1.1	%
Woodland Mall					40.20		529		11.9	%		40.85		508		12.7	%		-1.6	%		4.1	%		-0.8	%
Jacksonville Mall					38.01		504		10.8	%		32.68		483		10.5	%		16.3	%		4.3	%		0.3	%
Dartmouth Mall					31.36		438		11.2	%		30.23		403		11.3	%		3.7	%		8.7	%		-0.1	%
Willow Grove Park					42.20		415		15.1	%		44.14		402		16.6	%		-4.4	%		3.2	%		-1.5	%
Sales per square foot between $350 - $400		31.7	%
Patrick Henry Mall					37.88		390		14.3	%		40.23		384		13.9	%		-5.8	%		1.6	%		0.4	%
The Mall at Prince Georges					38.08		384		14.3	%		36.42		385		14.5	%		4.5	%		-0.3	%		-0.2	%
Valley View Mall					29.27		384		11.4	%		29.96		368		12.1	%		-2.3	%		4.3	%		-0.7	%
Springfield Mall					33.66		383		14.4	%		34.02		358		14.0	%		-1.1	%		7.0	%		0.4	%
Wyoming Valley Mall					30.47		382		11.9	%		30.85		366		12.2	%		-1.2	%		4.4	%		-0.3	%
The Gallery at Market East					36.65		381		14.4	%		36.63		368		14.8	%		0.0	%		3.5	%		-0.4	%
Viewmont Mall					29.36		377		12.6	%		29.37		374		12.9	%		0.0	%		0.8	%		-0.3	%
Capital City Mall					34.03		372		11.6	%		33.64		352		11.8	%		1.2	%		5.7	%		-0.2	%
Valley Mall					25.81		368		11.0	%		25.12		368		11.0	%		2.7	%		0.0	%		0.0	%
Crossroads Mall					22.99		366		9.4	%		21.52		342		9.1	%		6.8	%		7.0	%		0.3	%
Moorestown Mall					34.41		362		14.2	%		35.42		372		15.0	%		-2.8	%		-2.7	%		-0.8	%
Sales per square foot between $300 - $349		16.8	%
Francis Scott Key Mall					27.62		347		11.5	%		27.32		338		11.7	%		1.1	%		2.7	%		-0.2	%
Magnolia Mall					27.55		340		12.3	%		27.87		326		12.8	%		-1.1	%		4.3	%		-0.5	%
Exton Square Mall					34.63		339		13.7	%		36.35		326		13.9	%		-4.7	%		4.0	%		-0.2	%
Plymouth Meeting Mall					28.17		333		10.2	%		29.04		325		10.3	%		-3.0	%		2.5	%		-0.1	%
Gadsden Mall					21.17		330		9.7	%		21.37		288		9.4	%		-0.9	%		14.6	%		0.3	%
Cumberland Mall					28.48		325		12.7	%		28.56		313		13.3	%		-0.3	%		3.8	%		-0.6	%
Logan Valley Mall					25.46		323		13.9	%		26.39		311		11.2	%		-3.5	%		3.9	%		2.7	%
Sales per square foot under $300		18.0	%
Palmer Park Mall					25.57		299		11.8	%		24.06		291		12.2	%		6.2	%		2.7	%		-0.4	%
Wiregrass Commons Mall					24.07		286		10.2	%		25.49		283		10.9	%		-5.6	%		1.1	%		-0.7	%
Uniontown Mall					20.81		282		10.3	%		22.47		291		10.8	%		-7.4	%		-3.1	%		-0.5	%
New River Valley Mall					23.06		281		10.6	%		23.80		282		10.3	%		-3.1	%		-0.4	%		0.3	%
Lycoming Mall					20.82		273		10.1	%		21.26		265		10.3	%		-2.1	%		3.0	%		-0.2	%
Nittany Mall					20.28		267		10.4	%		21.83		279		11.0	%		-7.1	%		-4.3	%		-0.6	%
North Hanover Mall					21.88		263		11.9	%		25.85		267		12.4	%		-15.3	%		-1.5	%		-0.5	%
Washington Crown Center					18.52		255		10.8	%		20.07		246		11.5	%		-7.8	%		3.7	%		-0.7	%
South Mall					21.67		251		12.1	%		21.80		241		12.5	%		-0.6	%		4.1	%		-0.4	%
Orlando Fashion Square					26.86		249		14.2	%		29.13		243		16.1	%		-7.8	%		2.5	%		-1.9	%
Beaver Valley Mall					20.68		248		12.5	%		22.13		252		13.5	%		-6.5	%		-1.6	%		-1.0	%
Phillipsburg Mall					22.48		235		11.8	%		23.09		226		12.3	%		-2.6	%		4.0	%		-0.5	%
Chambersburg Mall					17.86		228		9.3	%		21.11		236		9.5	%		-15.4	%		-3.4	%		-0.2	%
Voorhees Town Center					29.17		223		10.7	%		27.82		210		12.4	%		4.9	%		6.2	%		-1.7	%
Malls weighted average				$	31.61	$	379		12.2	%	$	32.00	$	362		12.6	%		-1.2	%		4.7	%		-0.4	%
Consolidated Properties				$	30.72	$	365		12.3	%	$	31.13	$	351		12.6	%		-1.3	%		4.0	%		-0.3	%
Unconsolidated Properties				$	40.95	$	518		12.0	%	$	41.74	$	477		12.7	%		-1.9	%		8.6	%		-0.7	%
Same Properties				$	31.61	$	379		12.2	%	$	32.00	$	362		12.6	%		-1.2	%		4.7	%		-0.4	%

⁽¹⁾  Average base rent includes all non-anchor space owned by the Company and leased to tenants that lease individual spaces of 10,000 square feet or less and pay fixed rent.

⁽²⁾ Based on reported sales by all comparable non-anchor tenants that lease individual spaces of 10,000 square feet or less and have occupied the space for at least 24 months.