Federal Realty Investment Trust (NYSE:FRT) has announced that it will be presenting at the BofA Securities 2023 Global Real Estate Conference on September 13, 2023, at 1:25 PM ET. The presentation will be webcast live on the Federal Realty website.
Federal Realty is a well-known leader in the ownership, operation, and redevelopment of high-quality retail-based properties. Their properties are primarily located in major coastal markets such as Washington, D.C., Boston, San Francisco, and Los Angeles. With a mission to deliver long-term, sustainable growth, Federal Realty invests in communities where retail demand exceeds supply.
The company has a track record of creating unique and vibrant environments, such as Santana Row in San Jose, California, Pike & Rose in North Bethesda, Maryland, and Assembly Row in Somerville, Massachusetts. These mixed-use neighborhoods offer a destination experience that combines shopping, dining, living, and working, and are highly valued by their respective communities.
Federal Realty currently owns and operates 102 properties, which include approximately 3,300 tenants and 3,100 residential units, covering a total of 26 million square feet. As a testament to its strong performance, the company has increased its quarterly dividends to shareholders for 56 consecutive years, the longest record in the REIT industry.
For more information about Federal Realty and its properties, please visit their website.
Source: Federal Realty Investment Trust
Definitions:
– Federal Realty Investment Trust (FRT): A company that owns, operates, and redevelops high-quality retail-based properties.
– BofA Securities 2023 Global Real Estate Conference: A conference focused on the real estate industry organized by BofA Securities.
– REIT: Real Estate Investment Trust, a company that owns and operates income-generating real estate.
– NYSE: New York Stock Exchange, a stock exchange in New York City where FRT shares are traded.