FRT
NYSE · Real Estate · REIT - Retail · US
Federal Realty Investment Trust (NYSE:FRT) is a premier retail-focused real estate investment trust founded in 1962 and publicly traded since 1973. The company has established itself as a recognized leader in the ownership, operation, and redevelopment of high-quality retail properties, primarily concentrated in affluent coastal markets from Washington D.C. to Boston, as well as key California markets including San Francisco and Los Angeles. Federal Realty holds the distinction of having increased its quarterly dividends for 54 consecutive years, the longest record in the REIT industry, and is a member of the S&P 500 index. The company operates a portfolio of 106 properties encompassing approximately 25 million square feet of retail space and 3,200 residential units across 3,100 tenants.