Federal Realty Investment Trust

Business Description

Federal Realty Investment Trust owns and manages more than 100 shopping centers and mixed-use properties, mostly in busy coastal cities across the United States, covering nearly 29 million square feet of commercial space and around 2,700 homes. The company focuses on areas where demand from shoppers and residents is strong, and its well-known properties include Santana Row, Pike & Rose, and Assembly Row. Listed on the NYSE under the ticker FRT and part of the S&P 500, Federal Realty has paid higher dividends to its shareholders every year for 58 years in a row, a record unmatched by any other real estate investment trust.