Federal Realty Investment Trust FRT

Federal Realty Investment Trust is real estate investment trust (REIT) that owns, manages, and redevelops retail and mixed-use properties within the United States. Federal Realty has its headquarters in Bethesda, Maryland, and was founded in 1962.

Properties owned and managed by the company include high-quality retail-based properties that are primarily located in major coastal markets, including Washington, D.C., Boston, San Francisco, Los Angeles, and South Florida. Federal Realty's portfolio includes retail properties in a range of formats, such as community and neighbourhood shopping centres that are frequently anchored by grocery stores as well as mixed-use properties that typically include a retail component alongside office, residential, and/or hotel components.

Available on the NYSE, Federal Realty stock is listed under the ticker FRT. With expertise in creating urban, mixed-use neighbourhoods, the company focuses on properties that frequently combine dining, shopping, living, and working in unique, vibrant environments. As of September 2021, Federal Realty has 105 properties, which includes approximately 3,000 tenants located in 25 million square feet of space, and an additional 2,900 residential units. As of November 2021, Federal Realty was an S&P 500 index member. In September 2021, Federal Realty announced that it had acquired Twinbrooke Shopping Centre, a neighbourhood shopping centre located in Fairfax, Virginia.

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