Form 3 PENNSYLVANIA REAL ESTATE TO: August 2002 Submitted by: Swann Christopher

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form 3

U.S. Securities and Exchange Commission Washington DC 20549 Initial Statement of Beneficial Ownership of Securities Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934 or Section 30(h) of the Investment Companies Act of 1940

OMB approval OMB number: 3235-0104 date of expiry: December 31, 2014 Estimated average load Time per response: 0.5

1. Reporter’s name and address * C/O pen.real estate investment trust 2005 Market Street, Suite 1000 (city)	2. Date of event (month/day/year) for which notification is required 2022/08/02	3. Issuer name When ticker or trading symbol Pennsylvania Real Estate Investment Trust [ PEI ]
		4. RELATIONSHIP BETWEEN REPORTER AND ISSUER (Please check all that apply) X directed by 10% owner Officer (Please fill in your title below) Other (specify below)	5. In case of amendment, original filing date (month/day/year)
			6. Individual or joint/group filing (check the appropriate line) X Form submitted by one reporter Forms submitted by multiple reporters

Table I – Non-Derivative Securities with Beneficial Interests
1. Security Title (Instruction 4)	2. Unit amount (Step 4)	3. Ownership: Direct (D) or Indirect (I) (Step 5)	4. Nature of Indirect Beneficial Ownership (Instr. 5)
Shares of beneficial interest, $1.00 per share par value	66	D.
Shares of beneficial interest, $1.00 per share par value	12,666	Me	Sharing Ownership with Reporter’s Spouse
Shares of beneficial interest, $1.00 per share par value	54,590	Me	Owned by Cygnus Opportunity Fund, LLC
Shares of beneficial interest, $1.00 per share par value	42,021	Me	Owned by Cygnus Property Fund IV, LLC
Series B Preferred Stock, par value $0.01 per share	74,398	Me	Owned by Cygnus Opportunity Fund, LLC
Series B Preferred Stock, par value $0.01 per share	42,963	Me	Owned by Cygnus Property Fund IV, LLC
Series B Preferred Stock, par value $0.01 per share	147,802	Me	Owned by Cygnus Property Fund V, LLC
Series B Preferred Stock, par value $0.01 per share	52,923	Me	Owned by Cygnus Property Fund VI, LLC
Series C Preferred Stock, $0.01 per share par value	111,416	Me	Owned by Cygnus Opportunity Fund, LLC
Series C Preferred Stock, $0.01 per share par value	74,879	Me	Owned by Cygnus Property Fund IV, LLC
Series C Preferred Stock, $0.01 per share par value	210,479	Me	Owned by Cygnus Property Fund V, LLC
Series C Preferred Stock, $0.01 per share par value	58,750	Me	Owned by Cygnus Property Fund VI, LLC
Series D Preferred Stock, $0.01 per par value	4,000	D.
Series D Preferred Stock, $0.01 per par value	136,744	Me	Owned by Cygnus Opportunity Fund, LLC
Series D Preferred Stock, $0.01 per par value	30,749	Me	Owned by Cygnus Property Fund IV, LLC
Series D Preferred Stock, $0.01 per par value	166,000	Me	Owned by Cygnus Property Fund V, LLC
Series D Preferred Stock, $0.01 per par value	156,922	Me	Owned by Cygnus Property Fund VI, LLC

Table II – Derivative Securities with Beneficial Interests (e.g. puts, calls, warrants, options, convertibles)
1. Derivative Securities Title (Instruction 4)	2. Exercisable date and expiration date (month/day/year)		3. Name and amount of securities underlying the derivative security (Instruction 4)		4. CONVERSION OR STRIKE PRICES OF DERIVATIVE SECURITIES	5. Ownership: Direct (D) or Indirect (I) (Step 5)	6. Nature of Indirect Beneficial Ownership (Instr. 5)
	Exercisable date	date of expiry	Title	amount or number of shares

Explanation of response:

	/s/ Christopher Swann	2022/08/06
	** Signature of reporter	date
Note: Please report on a separate line for each class of directly or indirectly beneficially owned securities.
*If there are multiple applicants, look Instruction 4(b)(v).
** Any willful misrepresentation or omission of fact constitutes a violation of federal criminal law. look 18 USC 1001 and 15 USC 78ff(a).
Note: You must file three copies of this form and manually sign one of them. If you run out of space, look Step instructions6.
Persons responding to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB number.

                               POWER OF ATTORNEY

Know all by these presents, that the undersigned hereby constitutes and appoints
each of Mario C. Ventresca, Jr. and Lisa M. Most as the undersigned's true and
lawful attorney-in-fact to:

(1) execute for and on behalf of the undersigned, in the undersigned's capacity
as an officer and/or trustee of Pennsylvania Real Estate Investment Trust (the
"Company"), Forms 3, 4, and 5 in accordance with Section 16(a) of the Securities
Exchange Act of 1934 and the rules thereunder, as amended, and any other forms
or reports the undersigned may be required to file in connection with the
undersigned's ownership, acquisition, or disposition of securities of the
Company;

(2) do and perform any and all acts for and on behalf of the undersigned which
may be necessary or desirable to complete and execute any such Form 3, 4, or 5,
or other form or report (and any amendments thereof) and timely file such form
or repot1 with the United States Securities and Exchange Commission and any
stock exchange or similar authority; and

(3) take any other action of any type whatsoever in connection with the
foregoing which, in the opinion of the attorney-in-fact, may be of benefit to,
in the best interest of, or legally required by, the undersigned, it being
understood that the documents executed by the attorney-in-fact on behalf of the
undersigned pursuant to this Power of Attorney shall be in such form and shall
contain such information as the attorney-in-fact may approve in the
attorney-in-fact's discretion.

The undersigned hereby grants to each attorney-in-fact full power and authority
to do and perform any and every act and thing whatsoever requisite, necessary,
or proper to be done in the exercise of any of the rights and powers herein
granted, as fully to all intents and purposes as the undersigned might or could
do if personally present, with full power of substitution or revocation, hereby
ratifying and confirming all that each attorney-in-fact, or the
attorney-in-fact's substitute or substitutes, shall lawfully do or cause to be
done by virtue of this power of attorney and the rights and powers herein
granted. None of the foregoing attorneys-in-fact shall incur any liability to
the undersigned for acting or refraining from acting under this Power of
Attorney, except for such attorney's own willful misconduct or gross negligence.
The undersigned acknowledges that each of the foregoing attorneys-in-fact, in
serving in such capacity at the request of the undersigned, is not assuming, nor
is the Company assuming, any of the undersigned's responsibilities to comply
with Section 16 of the Securities Exchange Act of 1934.

This Power of Attorney shall remain in full force and effect until the
undersigned is no longer required to file Forms 3, 4, and 5 with respect to the
undersigned's holdings of and transactions in securities issued by the Company,
unless earlier revoked by the undersigned in a signed writing delivered to each
attorney-in-fact.

IN WITNESS WHEREOF, the undersigned has caused this Power of Attorney to be
executed as of this 12th day of August, 2022.


By /s/ Christopher Swann
Name Christopher Swann

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