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<TITLE> Prepared and filed by St Ives Financials</TITLE>
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<p style=' margin-bottom:0pt; margin-top:0pt;text-align:center;'><B><font SIZE=4>UNITED STATES</font></B></p>

<p style=' margin-bottom:0pt; margin-top:0pt;text-align:center;'><B><font SIZE=4>SECURITIES AND EXCHANGE COMMISSION</font></B></p>

<p style=' margin-bottom:0pt; margin-top:0pt;text-align:center;'><B><font SIZE=2>WASHINGTON, D.C. 20549</font></B></p><br>

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<p style=' margin-bottom:0pt; margin-top:12pt;text-align:center;'><B><font SIZE=4>FORM 8-K</font></B></p>

<p style=' margin-bottom:0pt; margin-top:12pt;text-align:center;'><B><font SIZE=2>CURRENT REPORT </font></B></p>

<p style=' margin-bottom:0pt; margin-top:0pt;text-align:center;'><b><font size=2>Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934</font></b></p>

<p style=' margin-bottom:0pt; margin-top:12pt;text-align:center;'><b><font size=2>Date of report (Date of earliest event reported) August 30, 2006</font></b></p>

<p style=' margin-bottom:0pt; margin-top:8pt;text-align:center;'><b><font size=5>Pennsylvania Real Estate Investment Trust</font></b></p>

<p style=' margin-bottom:0pt; margin-top:0pt;text-align:center;'><font size=2>(Exact Name of Registrant as Specified in its Charter)</font></p>

<p style=' margin-bottom:0pt; margin-top:0pt;text-align:center;'><font size=2>&nbsp;</font></p>

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                    <td align=center valign=top  width="280"><b><font size=2>Pennsylvania</font></b><br>
<font size=2>(State or Other Jurisdiction</font><br>
<font size=2>of Incorporation or Organization)</font><br></td>
        <td align=center valign=top width="280"><b><font size=2>1-6300</font></b><br>
            <font size=2>(Commission</font><br>
<font size=2>File Number)</font><br></td>
        <td align=center valign=top  width="280"><b><font size=2>23-6216339</font></b><br>
            <font size=2>(IRS Employer</font><br>
<font size=2>Identification No.)</font><br></td>
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                    <td align=center valign=top    width="280"><font size=2>&nbsp;</font><br></td>
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                    <td align=center valign=top  width="280"><b><font size=2>The Bellevue, 200 S. Broad Street, </font></b><br>
<b><font size=2>Philadelphia, Pennsylvania</font></b><br>
<font size=2>(Address of Principal Executive Offices)</font><br></td>
        <td align=center width="280">&nbsp;</td>
                    <td align=center valign=top  width="280"><font size=2>&nbsp;</font><br>
<b><font size=2>19102</font></b><br>
<font size=2>(Zip Code)</font></td>
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<p style=' margin-bottom:0pt; margin-top:12pt;text-align:center;'><b><font size=2>Registrant&#146;s
  telephone number, including area code: (215) 875-0700</font></b></p>
<p style=' margin-bottom:0pt; margin-top:12pt;text-align:center;'>&nbsp;</p>




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<p style=' margin-bottom:0pt; margin-top:0pt;text-align:center;'><font size=2>(Former
  Name or Former Address, if Changed Since Last Report)</font></p>

<p style=' margin-bottom:0pt; margin-top:8pt;text-align:left;'><font size=2>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:</font></p>

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      <p style=' margin-bottom:0pt; margin-top:12pt;'><font size=2>Written communications
        pursuant to Rule 425 under the Securities Act (17 CFR 230.425)</font>
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      <p style=' margin-bottom:0pt; margin-top:12pt;'><font size=2>Soliciting
        material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)</font>
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      <p style=' margin-bottom:0pt; margin-top:12pt;'><font size=2>Pre-commencement
        communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR
        240.14d-2(b))</font>
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      <p style=' margin-bottom:0pt; margin-top:12pt;'><font size=2>Pre-commencement
        communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR
        240.13e-4(c))</font>
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<p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-bottom:0pt;'><b><font size=2>Item 8.01</font></b></p> </td>

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<p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-bottom:0pt;'><b><font size=2>Other Events.</font></b></p> </td> </tr></table>
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<p style=' margin-bottom:0pt; margin-top:8pt; text-indent:5%;text-align:left;'><font size=2>On August 30, 2006, we received a letter from the Non-QTIP Marital Trust Under Will of Richard I. Rubin (the &#147;Marital Trust&#148;), of which Ronald Rubin, our chairman and chief executive officer, and George Rubin, our vice chairman, are among the beneficiaries and trustees.</font></p>

<p style=' margin-bottom:0pt; margin-top:8pt; text-indent:5%;text-align:left;'><font size=2>The letter stated that the financial advisor of the Marital Trust has advised that, for estate tax purposes and diversification, it is in the Marital Trust&#146;s best interests to sell up to 180,000 shares of beneficial interest, par value $1.00 per share. The sales by the Marital Trust will be publicly disclosed through appropriate filings by Ronald Rubin and George Rubin with the Securities and Exchange Commission.</font></p>

<p style=' margin-bottom:0pt; margin-top:8pt; text-indent:5%;text-align:left;'><font size=2>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.</font></p>

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<p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt;'><font size=1>&nbsp;</font></p> </td>

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<p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt;'><font SIZE=2>PENNSYLVANIA REAL ESTATE INVESTMENT TRUST</font></p> </td> </tr>
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<p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt;'><br> <font size=2>Date: September 1, 2006</font></p> </td>

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<p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt;'><font size=1>&nbsp;</font></p> </td>


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        <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt;'><font size=2>By:&nbsp;</font></p>
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<p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt;'><br> <font size=2>/s/ Edward A. Glickman</font></p> </td> </tr>
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<p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt;'><font size=1>&nbsp;</font></p> </td>

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<p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt;'><font size=1>&nbsp;</font></p> </td>

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<p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt;'><font size=2>Edward A. Glickman</font><br> <font size=2>President and Chief Operating Officer</font></p> </td> </tr></table>
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{"company-data": {"conformed-name": "PENNSYLVANIA REAL ESTATE INVESTMENT TRUST", "cik": "0000077281", "assigned-sic": "6798", "irs-number": "236216339", "state-of-incorporation": "PA", "fiscal-year-end": "1231"}, "filing-values": {"form-type": "8-K", "act": "34", "file-number": "001-06300", "film-number": "061070400"}, "business-address": {"street1": "THE BELLEVUE", "street2": "200 S BROAD STREET", "city": "PHILADELPHIA", "state": "PA", "zip": "19102", "phone": "2155429250"}, "mail-address": {"street1": "THE BELLEVUE", "street2": "200 S BROAD STREET", "city": "PHILADELPHIA", "state": "PA", "zip": "19102"}}
Prepared and filed by St Ives Financials
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) August 30, 2006
Pennsylvania Real Estate Investment Trust
(Exact Name of Registrant as Specified in its Charter)
Pennsylvania
(State or Other Jurisdiction
of Incorporation or Organization)
1-6300
(Commission
File Number)
23-6216339
(IRS Employer
Identification No.)
The Bellevue, 200 S. Broad Street,
Philadelphia, Pennsylvania
(Address of Principal Executive Offices)
19102
(Zip Code)
Registrant's
  telephone number, including area code: (215) 875-0700
(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)
Soliciting
        material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
Pre-commencement
        communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR
        240.14d-2(b))
Pre-commencement
        communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR
        240.13e-4(c))
Item 8.01
Other Events.
On August 30, 2006, we received a letter from the Non-QTIP Marital Trust Under Will of Richard I. Rubin (the "Marital Trust"), of which Ronald Rubin, our chairman and chief executive officer, and George Rubin, our vice chairman, are among the beneficiaries and trustees.
The letter stated that the financial advisor of the Marital Trust has advised that, for estate tax purposes and diversification, it is in the Marital Trust's best interests to sell up to 180,000 shares of beneficial interest, par value $1.00 per share. The sales by the Marital Trust will be publicly disclosed through appropriate filings by Ronald Rubin and George Rubin with the Securities and Exchange Commission.
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
Date: September 1, 2006
By:
/s/ Edward A. Glickman
Edward A. Glickman
President and Chief Operating Officer