Federal Realty Investment Trust

Federal Realty Investment Trust (FRT-PC) is a real estate investment trust (REIT) that focuses on the ownership, operation, and redevelopment of high-quality retail-based properties. Its portfolio includes open-air shopping centers and mixed-use destinations such as Santana Row, Pike & Rose, and Assembly Row. These properties are designed to serve as vibrant community destinations. The company's mission is to deliver long-term, sustainable growth by investing in communities where retail demand exceeds supply. As of the latest data, Federal Realty owns 104 properties comprising approximately 29.0 million commercial square feet and about 2,500 residential units, hosting around 3,800 tenants.

Federal Realty Investment Trust (FRT-PC) is listed on the New York Stock Exchange (NYSE) under the ticker symbol FRT-PC. The stock trades in US dollars (USD), as the company is based in the United States. Investors can buy and sell shares on the NYSE during regular trading hours, and the currency used for all transactions is the US dollar.

Federal Realty Investment Trust (FRT-PC) operates in the Real Estate sector and specifically within the REIT - Retail industry. As a real estate investment trust, it is required to distribute most of its taxable income to shareholders as dividends. The company focuses on retail-based properties, meaning its income is primarily derived from leasing commercial space to retail tenants. This industry classification reflects its core business of owning and managing shopping centers and mixed-use properties that cater to retail and residential needs.

Federal Realty Investment Trust (FRT-PC) is headquartered in North Bethesda, Maryland, United States. The company was incorporated in Maryland in 1962. Its properties are primarily located in major coastal markets and select underserved regions that have strong economic and demographic fundamentals. This geographic strategy focuses on areas where retail demand exceeds supply, allowing Federal Realty to create high-performing environments. Key examples of its mixed-use destinations include Santana Row in California, Pike & Rose in Maryland, and Assembly Row in Massachusetts, all of which serve as vibrant community hubs.

Federal Realty Investment Trust (FRT-PC) generates revenue primarily through leasing commercial space in its portfolio of retail-based properties. The company owns 104 properties, including open-air shopping centers and mixed-use destinations, which collectively house approximately 3,800 tenants. These tenants pay rent for commercial square footage, and the company also earns income from about 2,500 residential units. By focusing on high-quality properties in strong markets, Federal Realty aims to maintain high occupancy rates and steady rental income. The company's strategy includes redeveloping and repositioning properties to enhance their value and attract desirable tenants, thereby supporting long-term sustainable growth.