Quarterlytics / Real Estate / REIT - Retail / Federal Realty Investment Trust

Federal Realty Investment Trust

FRT · NYSE Real Estate
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Ticker FRT
Exchange NYSE
Sector Real Estate
Industry REIT - Retail
Employees 201-500

Business description

Federal Realty: Real Estate Pioneer in the Retail Market Federal Realty, established in 1962, is known for its prowess in owning, operating, and redeveloping retail-based properties located mostly in major coastal markets from Washington, D.C. to Boston, as well as San Francisco and Los Angeles. With the mission to deliver long-term, sustainable growth by investing in communities where retail demand exceeds supply, Federal Realty has become a recognized leader in the retail real estate industry. The expertise of Federal Realty lies in creating urban, mixed-use neighborhoods such as the notable Santana Row in San Jose, California; Pike & Rose in North Bethesda, Maryland; and Assembly Row in Somerville, Massachusetts. These bustling and animated environments that blend shopping, dining, living, and working provide valuable destination experiences for their respective communities. Federal Realty's impressive portfolio of 103 properties includes approximately 3,300 tenants, spanning over 26 million square feet, and around 3,000 residential units. Notably, Federal Realty has increased its quarterly dividends to its shareholders for 55 consecutive years, the longest record in the REIT (Real Estate Investment Trust) industry. Federal Realty's shares can be traded on the NYSE under the ticker symbol FRT, and the corporation is also an S&P 500 index member. As Federal Realty continues to deliver value and growth in the retail real estate sector, its industry-leading expertise is sure to bring sustainable innovation and innovation to its properties and communities.

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Company facts
TickerFRT
ExchangeNYSE
Sector Real Estate
Industry REIT - Retail
Employees201-500