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Prepared and filed by St Ives Financial
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<p align="center"><font size="2" face="serif"><b>UNITED STATES<br>
</b></font><font size="2" face="serif"><b>SECURITIES AND EXCHANGE COMMISSION<br>
</b></font><font size="2" face="serif"><b>Washington, D.C. 20549</b></font></p>
<p align="center"><font size="2" face="serif">_____________</font></p>
<p align="center"><font size="2" face="serif"><b>FORM 8-K</b></font></p>
<p align="center"><font size="2" face="serif"><b>CURRENT REPORT<br>
</b></font><font size="2" face="serif"><b>Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934</b></font></p>
<p align="left"><font size="2" face="serif">Date of report (Date of earliest event reported)&nbsp; <u>November 2, 2006</u></font></p>
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    <td align="center" valign="bottom"><font size="2" face="serif">Pennsylvania Real Estate Investment Trust</font></td>
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    <td align="center" valign="bottom"><font size="2" face="serif">(Exact Name of Registrant as Specified in
    its Charter)</font></td>
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<td width="32%" align="left"><font size="2" face="serif">Pennsylvania</font></td>
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<td width="32%" align="center"><font size="2" face="serif">1-6300</font></td>
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<td width="32%" align="center"><font size="2" face="serif">23-6216339</font></td>
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<td align="left"><font size="2" face="serif">(State or Other Jurisdiction</font></td>
<td align="left">&nbsp;</td>
<td align="center"><font size="2" face="serif"> (Commission</font></td>
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<td align="center"><font size="2" face="serif">(IRS Employer</font></td>
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<td align="left"><font size="2" face="serif">of Incorporation or Organization)</font></td>
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<td align="center"><font size="2" face="serif">File Number)</font></td>
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<td align="center"><font size="2" face="serif">Identification No.)</font></td>
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<td align="left"><font size="2" face="serif">The Bellevue, 200 S. Broad Street, Philadelphia, Pennsylvania</font></td>
<td width="2%" align="left">&nbsp;</td>
<td width="30%" align="center"><font size="2" face="serif">19102</font></td>
<td width="2%" align="left">&nbsp;</td> </tr>
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<td align="left"><font size="2" face="serif">(Address of Principal Executive Offices)</font></td>
<td align="left">&nbsp;</td>
<td align="center"><font size="2" face="serif">(Zip Code)</font></td>
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<p align="left"><font size="2" face="serif">Registrant&#8217;s telephone number, including area code: <u> (215) 875-0700</u></font></p>
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    Since Last Report)</font></td>
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<p align="left"><font size="2" face="serif">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>  <table width="100%" cellspacing="0" cellpadding="0" border="0">
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<td align="left"><font size="2" face="serif">Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)</font></td>
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<td>&nbsp;</td>
<td>&nbsp;</td> </tr>
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<td align="left"><font size="2" face="serif">Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)</font></td>
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<td>&nbsp;</td>
<td>&nbsp;</td> </tr>
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<td align="left"><font size="2" face="serif"><img src="emptybox.gif"></font></td>
<td align="left"><font size="2" face="serif">Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))</font></td>
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<td>&nbsp;</td>
<td>&nbsp;</td> </tr>
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<td align="left"><font size="2" face="serif"><img src="emptybox.gif"></font></td>
<td align="left"><font size="2" face="serif">Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))</font></td>
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<p align="left"><font size="2" face="serif"><b>Item 2.02&nbsp;&nbsp;Results of Operations and Financial Condition.</b></font></p>
<p align="left"><font size="2" face="serif">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;On November 2, 2006, Pennsylvania Real Estate Investment Trust issued a press release reporting its financial results for the third quarter ended September 30, 2006.  A copy of the press release is attached as an exhibit to this report.</font></p>
<p align="left"><font size="2" face="serif">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;The information furnished under this &#8220;Item 2.02. Results of Operations and Financial Condition&#8221; shall not be deemed &#8220;filed&#8221; for purposes of Section 18 of the Securities Exchange Act of 1934, nor shall it be deemed incorporated by reference in any filing under the Securities Act of 1933, except as shall be expressly set forth by specific reference in such a filing.</font></p>
<p align="left"><font size="2" face="serif"><b>Item 9.01&nbsp;&nbsp;Financial Statements and Exhibits.</b></font></p>
<p align="left"><font size="2" face="serif">(d) Exhibits</font></p>
<p align="left"><font size="2" face="serif">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;99.1 Press Release dated November 2, 2006.</font></p>
<p align="left"><font size="2" face="serif">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;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>
<p align="left"><div style="margin-left: 50%"><font size="2" face="serif">PENNSYLVANIA REAL ESTATE INVESTMENT TRUST</font></div></p>

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<td width="50%" align="left"><font size="2" face="serif">Date:  November 2, 2006</font></td>
<td width="4%" align="left"><font size="2" face="serif">By:</font></td>
<td align="left"><font size="2" face="serif">/s/ Bruce Goldman</font></td>
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<td align="left"><font size="2" face="serif">&nbsp;</font></td>
<td align="left"><font size="2" face="serif">&nbsp;</font></td>
<td align="left"><font size="2" face="serif">Bruce Goldman<br>
  Executive Vice President and General Counsel</font></td>
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<p align="center"><font size="2" face="serif"><u>Exhibit Index</u></font></p>
<p align="left"><font size="2" face="serif" align="left">99.1&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Press release dated November 2, 2006</font></p>
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Prepared and filed by St Ives Financial
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)
November 2, 2006
Pennsylvania Real Estate Investment Trust
(Exact Name of Registrant as Specified in
    its Charter)
Pennsylvania
1-6300
23-6216339
(State or Other Jurisdiction
(Commission
(IRS Employer
of Incorporation or Organization)
File Number)
Identification No.)
The Bellevue, 200 S. Broad Street, Philadelphia, Pennsylvania
19102
(Address of Principal Executive Offices)
(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 2.02  Results of Operations and Financial Condition.
On November 2, 2006, Pennsylvania Real Estate Investment Trust issued a press release reporting its financial results for the third quarter ended September 30, 2006.  A copy of the press release is attached as an exhibit to this report.
The information furnished under this "Item 2.02. Results of Operations and Financial Condition" shall not be deemed "filed" for purposes of Section 18 of the Securities Exchange Act of 1934, nor shall it be deemed incorporated by reference in any filing under the Securities Act of 1933, except as shall be expressly set forth by specific reference in such a filing.
Item 9.01  Financial Statements and Exhibits.
(d) Exhibits
99.1 Press Release dated November 2, 2006.
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:  November 2, 2006
By:
/s/ Bruce Goldman
Bruce Goldman
Executive Vice President and General Counsel
Exhibit Index
99.1      Press release dated November 2, 2006
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