UNITED STATES
                       SECURITIES AND EXCHANGE COMMISSION
                            WASHINGTON, D.C.  20549

                                   SCHEDULE 13G

                    Under the Securities Exchange Act of 1934

Pennsylvania Real Estate Investment Trust
                                 (Name of Issuer)

Common Stock
                        (Title and Class of Securities)

709102107
                                 (CUSIP Number)

                                December 31, 2012
               (Date of Event which Requires Filing of this Statement)

Check the appropriate box to designate the rule pursuant to which this
Schedule is filed:

     [X]  Rule 13d-1(b)

     [_]  Rule 13d-1(c)

     [_]  Rule 13d-1(d)

*The remainder of this cover page shall be filled out for a reporting person's
initial filing on this form with respect to the subject class of securities, and
for any subsequent amendment containing information which would alter
disclosures provided in a prior cover page.

The information required on the remainder of this cover page shall not be deemed
to be "filed" for the purpose of Section 18 of the Securities Exchange Act of
1934 ("Act") or otherwise subject to the liabilities of that section of the Act
but shall be subject to all other provisions of the Act (however, see the
Notes).


















CUSIP No.                        709102107                            Page 2

1    NAMES OF REPORTING PERSONS

          Principal Global Investors, LLC

2    CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (See Instructions)

          (a)
          (b)

3    SEC USE ONLY

4    CITIZENSHIP OR PLACE OF ORGANIZATION

          Delaware


NUMBER OF           5    SOLE VOTING POWER                 0
SHARES
BENEFICIALLY        6    SHARED VOTING POWER               2,828,139
OWNED BY
EACH                7    SOLE DISPOSITIVE POWER            0
REPORTING
PERSON WITH         8    SHARED DISPOSITIVE POWER          2,828,139


9    AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON

          2,828,139

10   CHECK IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN
     SHARES (See Instructions)

11   PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)

          5.05

12   TYPE OF REPORTING PERSON (See Instructions)

          IA
















CUSIP No.                        709102107                            Page 3

1    NAMES OF REPORTING PERSONS

          Principal Financial Group, Inc.

2    CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (See Instructions)

          (a)
          (b)

3    SEC USE ONLY

4    CITIZENSHIP OR PLACE OF ORGANIZATION

          Delaware


NUMBER OF           5    SOLE VOTING POWER                   0
SHARES
BENEFICIALLY        6    SHARED VOTING POWER                 2,828,139
OWNED BY
EACH                7    SOLE DISPOSITIVE POWER              0
REPORTING
PERSON WITH         8    SHARED DISPOSITIVE POWER            2,828,139


9    AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON

          2,828,139

10   CHECK IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN
     SHARES (See Instructions)

11   PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)

          5.05

12   TYPE OF REPORTING PERSON (See Instructions)

          HC
















CUSIP No.                        709102107                            Page 4

Item 1(a).  Name of Issuer:

       Pennsylvania Real Estate Investment Trust

Item 1(b).  Address of Issuer's Principal Executive Offices:

31500 Northwestern Highway
Suite 300
Farmington Hills, MI  48334

Item 2(a).  Name of Person Filing:

     Principal Global Investors, LLC
     Principal Financial Group, Inc.

Item 2(b).  Address of Principal Business Office, or, if None, Residence:

     Principal Global Investors, LLC
     801 Grand Avenue
     Des Moines, IA  50392

     Principal Financial Group, Inc.
     711 High Street
     Des Moines, IA  50392-0088

Item 2(c).  Citizenship:

     Principal Global Investors, LLC - State of Delaware
     Principal Financial Group, Inc. - State of Delaware

Item 2(d).  Title of Class of Securities:

     Common Stock

Item 2(e).  CUSIP Numbers:

     709102107

Item 3.  If this statement is filed pursuant to section 240.13d-1(b) or 240.13d
         2(b) or (c), check whether the person filing is a:

     (e) [X] An investment adviser in accordance with section 240.13d
          1(b)(1)(ii)(E)
     (g) [X] A parent holding company or control person in accordance with
          section 240.13d-1(b)(1)(ii)(G)

Item 4.  Ownership:

     (a) Amount Beneficially Owned

2,828,139 Shares Common Stock presently held by Principal Global Investors,
LLC
2,828,139 Shares Common Stock presently held by Principal Financial Group,
Inc.

CUSIP No.                        709102107                            Page 5

     (b) Percent of Class

          5.05 Principal Global Investors, LLC
          5.05 Principal Financial Group, Inc.

     (c) Number of shares as to which the person has:

          (i) Sole Power to Vote or Direct the Vote

               0 Shares Common Stock Principal Global Investors, LLC
               0 Shares Common Stock Principal Financial Group, Inc.

          (ii) Shared Power to Vote or Direct the Vote

2,828,139 Shares Common Stock presently held by Principal Global
Investors, LLC
2,828,139 Shares Common stock presently held by Principal
Financial Group, Inc.

          (iii) Sole Power to Dispose or to Direct the Disposition of

               0 Shares Common Stock Principal Global Investors, LLC
               0 Shares Common Stock Principal Financial Group, Inc.

          (iv) Shared Power to Dispose or to Direct the Disposition of

2,828,139 Shares Common Stock presently held by Principal Global
Investors, LLC
2,828,139 Shares Common Stock presently held by Principal
Financial Group, Inc.

Item 5.  Ownership of Five Percent or Less of a Class:

     []

Item 6.  Ownership of More than Five Percent on Behalf of Another Person

     Persons other than the reporting persons have a right to receive or the
     power to direct the receipt of dividends from or the proceeds from the sale
     of such securities. The interest of no such person having such an interest
     relates to more than five percent of the class.

Item 7.  See Exhibit attached












CUSIP No.                        709102107                        Page 6

Item 8.  Identification and Classification of Members of the Group

     Not applicable

Item 9.  Notice of Dissolution of Group

     Not applicable

Item 10(a).  Certification

     By signing below I certify, to the best of my knowledge and belief, the
     securities referred to above were acquired and are held in the ordinary
     course of business and were not acquired and are not held for the purpose
     of or with the effect of changing or influencing the control of the issuer
     of the securities and were not acquired and are not held in connection with
     or as a participant in any transaction having that purpose or effect.

Signature

After reasonable inquiry and to the best of my knowledge and belief, I certify
that the information set forth in this statement is true, complete and correct.

Principal Global Investors, LLC

By /s/ Jill Hittner
Jill Hittner, Chief Financial Officer

Principal Financial Group, Inc.

By /s/ Joyce N. Hoffman
Joyce N. Hoffman, Senior Vice President and Corporate Secretary

Dated January 17, 2013




EXHIBIT 99.1

Principal Global Investors, LLC
Item 3 Classification:
(e) Investment Adviser in accordance with Section 240.13d-1(b)(1)(ii)(E)

Principal Financial Group, Inc.
Item 3 Classification:
(g) A parent holding company or control person in accordance with
    section 240.13d-1(b)(1)(ii)(G)