X0202 4 2005-03-31 0 0000077281 PENNSYLVANIA REAL ESTATE INVESTMENT TRUST PEI 0001033844 PASQUERILLA MARK E C/O PENN. REAL ESTATE INVESTMENT TRUST THE BELLEVUE, 200 S. BROAD STREET PHILADELPHIA PA 19102 1 0 0 0 Shares of Beneficial Interest, par value $1.00 per share 2005-03-31 4 S 0 33300 40.5 D 527090 I By Trust Shares of Beneficial Interest, par value $1.00 per share 2005-03-31 4 S 0 1700 40.7 D 525390 I By Trust Shares of Beneficial Interest, par value $1.00 per share 2005-04-01 4 S 0 10000 40.57 D 515390 I By Trust Shares of Beneficial Interest, par value $1.00 per share 2005-04-01 4 S 0 10000 40.65 D 505390 I By Trust Shares of Beneficial Interest, par value $1.00 per share 13961 D Shares of Beneficial Interest, par value $1.00 per share 65211 I By Partnership The sales reported in this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on March 21, 2005. Held by Crown Investments Trust, an entity controlled by Mr. Pasquerilla. Held by Marenrico Partnership, an entity controlled by Mr. Pasquerilla. Mark E. Pasquerilla 2005-04-04