Pennsylvania Real Estate Investment Trust – ‘10-K’ for 8/31/94 – EX-22

As of:  Tuesday, 11/29/94   ·   For:  8/31/94   ·   Accession #:  950116-94-169   ·   File #:  1-06300

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Annual Report   —   Form 10-K
Filing Table of Contents

Document/Exhibit                   Description                      Pages   Size 

 1: 10-K        Annual Report                                         54    191K 
 2: EX-10       Exhibit 10.10                                         10     42K 
 3: EX-13       Exhibit 13.1                                          15     89K 
 4: EX-22       Published Report Regarding Matters Submitted to a      2      9K 
                          Vote of Security Holders                               
 5: EX-27       Financial Data Schedule (Pre-XBRL)                     1      7K 

EX-22   —   Published Report Regarding Matters Submitted to a Vote of Security Holders

EX-22
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                                                                      Exhibit 22
Subsidiaries of Registrant

     Registrant or its  subsidiaries  have an interest in 24 partnerships  and 5
joint ventures as follows: a 50% partnership interest in 18 partnerships;  a 40%
partnership  interest in two  partnerships;  a 60%  partnership  interest in one
partnership,  a 65% partnership  interest in one partnership,  a 75% partnership
interest  in two  partnerships  and a 87.5%  partnership  interest  in one other
partnership. In addition,  Registrant has a 50% interest in 3 joint ventures and
a 25% interest in 2 joint ventures.                                             

    Registrant accounts for its investments in partnerships and joint ventures
which it does not "control" using the equity method of accounting. These        
investments, which represent 25% to 87.5% ownership interests, are recorded at  
Registrant's cost adjusted for Registrant's net equity in the income and cash   
contributions and distributions.                                                

                                                                [Download Table]

                                                                     Percentage
Names of Partnership                          State of Organization     Owned  
--------------------                          ---------------------  ----------
                                                                               
Bailey Associates                                      PA                50%   
Big Oak Associates                                     PA                50    
Cambridge Apartments                                   PA                50    
Chippewa Associates                                    PA                50    
Countrywood Apartments Limited Partnership             FL                50    
Eagles Nest Associates                                 FL                50    
East Lampeter Associates                               PA                50    
Elizabethtown Associates                               PA                50    
Forestville Plaza Shopping Center Associates           MD                75    
Fox Run Apartments                                     PA                50    
Fox Run Del Associates                                 DE                50    
Gateway Mall Associates                                FL                60    
Laurel Mall Associates                                 PA                40    
Lehigh Valley Associates                               PA                50    
New Regency Hilltop Associates                         VA                65    
Palmer Park Mall Venture                               PA                50    
Rancocas Limited Partnership                           NJ                75    
Regency Associates                                     NE                50    
Rio Grande Venture                                     PA                50    
Turren Associates                                      FL                50    
Waynesburg Associates                                  PA                50    
Windsong Apartments Limited Partnership                FL                40    
VLRC Associates                                        FL                87.5  
Will-O-Hill Apartments                                 PA                50    


EX-22
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Registrant owns 100% of twelve corporations which hold partnership    
interests as follows: two incorporated in Delaware, one which holds a 50%       
interest, one with a 40% interest; eight incorporated in Florida, four which    
hold a 50% interest, one a 60% interest and two a 1% interest; one incorporated 
in Nebraska which holds a 50% interest and one in Virginia which holds a 65%    
interest.                                                                       

                                                                [Download Table]

                                             Percentage
Names of Partnership  State of Organization    Owned   
--------------------  ---------------------  ----------
                                                       
Berdel, Inc.                   DE                100%  
Berfla, Inc.                   FL                100   
Blanding, Inc.                 FL                100   
Burren, Inc.                   FL                100   
Larmes, Inc.                   DE                100   
PR Countrywood Inc.            FL                100   
PR Shenandoah Inc.             FL                100   
PR VA Regency Inc.             VA                100   
PR Windsong Inc.               FL                100   
RA Inc.                        NE                100   
Stones Inc.                    FL                100   
PR Mandarin, Inc.              FL                100