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FRT

94.47000 USD
0.67
0.70%
Last update Jun 5, 3:59 PM EDT
Market closed
Day range
94.010002
95.35000
Previous close
95.14000
Open
95.14000
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Federal Realty Investment Trust
94.47
0.67
0.70%

Overview

Description

Federal Realty Investment Trust is a real estate investment trust (REIT) that specializes in owning, managing, and redeveloping retail and mixed-use properties. This asset is primarily focused on high-quality real estate situated in first-tier suburban markets around major metropolitan areas across United States. The primary function of Federal Realty Investment Trust is to generate income through leasing spaces to a diverse set of tenants, including necessity-based retailers, upscale stores, and dining establishments, which attract consistent consumer traffic. The Trust's portfolio is distinctive for its emphasis on mixed-use developments, combining retail with residential and office spaces to create vibrant communities. By investing in properties with high barriers to entry and using its strong balance sheet to enhance tenant offerings, Federal Realty Investment Trust plays a crucial role in providing investors with opportunities for stable cash flows. In the broader financial market, Federal Realty Investment Trust is noted for its longevity and consistent dividend payments, making it a key component in various income-focused investment portfolios. It continues to impact urban development trends due to its strategic focus on transforming traditional retail spaces into dynamic, multi-purpose environments.

About

CEO
Mr. Donald C. Wood CPA
Employees
304
Address
909 Rose Avenue
Suite 200
North Bethesda, 20852-4041, MD
United States
Phone
301 998 8100
Instrument type
REIT
Sector
Real Estate
Industry
REIT - Retail
Country
United States
MIC code
XNYS
Market closed

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Trading Hours (Monday - Friday):

Pre-market
04:00 - 09:30
Main market
09:30 - 16:00
Post-market
16:00 - 20:00
All times are displayed in the America/New_York timezone (EDT, UTC-04:00).