Real Estate Investment Trusts in Online Business Trade Directory

Home » Business » Business Investing » Real Estate Investing » Real Estate Investment Trusts » Federal Realty Investment Trust (Equity Real Estate Investment Trust)

Federal Realty Investment Trust (Equity Real Estate Investment Trust) in Online Business Directory

Federal Realty Investment Trust is an equity real estate investment trust specializing in the ownership, management, development, and redevelopment of high quality retail assets. Federal Realtys portfolio (excluding joint venture properties) contains approximately 19.5 million square feet located primarily in strategic metropolitan markets in the Northeast, Mid-Atlantic, and California. In addition, the Trust has an ownership interest in approximately 1.0 million square feet of retail space through its joint venture with Clarion Lion Properties Fund in which the Trust has a 30% interest. Our operating portfolio (excluding joint venture properties) was 96.1% leased to national, regional, and local retailers as of June 30, 2007, with no single tenant accounting for more than approximately 2.9% of annualized base rent. Federal Realty has paid quarterly dividends to its shareholders continuously since its founding in 1962, and has increased its dividend rate for 40 consecutive years, the longest record in the REIT industry. Shares of Federal Realty are traded on the NYSE under the symbol FRT.

Address: 1626 East Jefferson Street, Rockville, MD 20852-4041
Telephone: 301.998.8100
Fax: 301.998.3700
Website: http://www.federalrealty.com/