<SUBMISSION>
<SECRELEASE-DATETIME>		19980218-155207	 ⇐ Metadata from SEC Info (ET)
<SECWEBSITE-DATETIME>		19980218-155207	 ⇐ Metadata from SEC Info (ET)
<ACCESSION-NUMBER>		0000950116-98-000414
<TYPE>				10-QT
<PUBLIC-DOCUMENT-COUNT>		2
<PERIOD>			19971231
<FILING-DATE>			19980217
<SROS>				NONE

<FILER>
<COMPANY-DATA>
<CONFORMED-NAME>		PENNSYLVANIA REAL ESTATE INVESTMENT TRUST
<CIK>				0000077281
<ASSIGNED-SIC>			6798
<IRS-NUMBER>			236216339  ⇒ 23-6216339 or 236-21-6339
<STATE-OF-INCORPORATION>	PA
<FISCAL-YEAR-END>		0831
</COMPANY-DATA>
<FILING-VALUES>
<FORM-TYPE>			10-QT
<ACT>				34
<FILE-NUMBER>			001-06300
<FILM-NUMBER>			98543608
</FILING-VALUES>
<BUSINESS-ADDRESS>
<STREET1>			455 PENNSYLVANIA AVE
<STREET2>			STE 135
<CITY>				FORT WASHINGTON
<STATE>				PA
<ZIP>				19034
<PHONE>				2155429250
</BUSINESS-ADDRESS>
<MAIL-ADDRESS>
<STREET1>			455 PENNSYLVANIA AVE
<STREET2>			STE 135
<CITY>				FORT WASHINGTON
<STATE>				PA
<ZIP>				19034
</MAIL-ADDRESS>
</FILER>

<DOCUMENT>
<TYPE>		10-QT
<SEQUENCE>	1
<TEXT>
       Show <TEXT>: 1,066 lines (widest: 125 characters) - 64K bytes  
</TEXT>
</DOCUMENT>

<DOCUMENT>
<TYPE>		EX-27
<SEQUENCE>	2
<TEXT>
       Show <TEXT>: 45 lines (widest: 54 characters) - 3K bytes  
</TEXT>
</DOCUMENT>

</SUBMISSION>