To optimize its portfolio and strengthen its balance sheet, Federal Realty Investment Trust (FRT) has taken a significant step by selling its remaining assets on Third Street Promenade in Santa Monica, CA, for $103 million. The portfolio comprised eight buildings with 185,000 square feet of space. This sale completes the disposition of the portfolio, bringing total proceeds to $120 million, including a prior transaction. Located just a quarter mile from Santa Monica Beach, the Third Street Promenade portfol ...

Strategic Disposition Enhances Focus on Key Markets and Financial Flexibility N. BETHESDA, Md., June 6, 2024 /PRNewswire/ -- Federal Realty Investment Trust (NYSE:FRT) announced today the sale of its remaining assets on Third Street Promenade in Santa Monica, California. The portfolio, comprising eight buildings with a total of 185,000 square feet, was sold for $103 million. Including a previous transaction, the total proceeds from the Third Street Promenade assets amount to $120 million. "The divestiture o ...

110-Acre Retail Hub with Market-Dominant Position and Strong Tenant Sales NORTH BETHESDA, Md., June 3, 2024 /PRNewswire/ -- Federal Realty Investment Trust (NYSE:FRT) is pleased to announce the acquisition of Virginia Gateway, an approximately 665,000-square-foot irreplaceable regionally-dominant retail center spanning 110-acres in Gainesville, Virginia, for $215 million. The property is approximately 95% occupied and features strong tenant sales and high traffic counts in an affluent and growing market. Si ...

N. BETHESDA, Md., May 22, 2024 /PRNewswire/ -- Federal Realty Investment Trust (NYSE: FRT) will announce second quarter 2024 earnings in a press release to be issued after market close on Thursday, August 1, 2024. The Company will host a conference call on Thursday, August 1 at 5:00 PM ET. Event: Federal Realty Investment Trust's Second Quarter 2024 Earnings Conference Call When: 5:00 PM ET, Thursday, August 1, 2024 Live Webcast: FRT Second Quarter 2024 Earnings Conference Call or www.federalrealty.com Dial ...

NEW YORK, May 16, 2024 /PRNewswire/ -- Fifth Wall—the largest asset manager focused on improving, future-proofing, and decarbonizing the built world—today announced Federal Realty Investment Trust (NYSE: FRT)—a fully integrated US-based retail real estate company focused on risk-adjusted capital allocation—has committed to invest with Fifth Wall. This investment highlights Federal Realty's continued commitment to delivering long-term, innovative as well as sustainable growth across its best-in-class portfol ...

wichayada suwanachun/iStock via Getty Images FRT stock: buy wonderful businesses at fair valuations The current situation surrounding Federal Realty Investment Trust (NYSE:FRT) is a textbook reflection of the wisdom to buy/hold wonderful businesses at fair prices (rather than fair businesses at wonderful prices). The chart below summarizes FRT stock’s valuation grade in comparison to the sector median. As seen, FRT multiples are not cheap in any way or by any standard. Based on the data here, FRT's P/E and ...

财务数据和关键指标变化 - 公司报告的FFO每股为1.64美元,同比增长3.1%,位于季度指引范围的上限 [26] - 物业经营收入增长5.6%,超出预期,反映了公司房地产的整体实力 [27] - 可比物业经营收入增长3.8%,剔除往期租金和提前终止费用的影响 [28] - 可比最低租金增长3.6%,可比总物业收入增长4.1% [29] - 物业出租率提升至94.3%,优于预期,反映了强劲的租赁需求 [29][30] - 住宅物业经营收入同比增长6%,表现强劲 [31][32] 各条业务线数据和关键指标变化 - 零售租赁创下第一季度记录,达567,000平方英尺,租金增长9% [9][12][14] - 混合用途物业办公租赁达190,000平方英尺,包括PWC在One Santana West的141,000平方英尺租赁 [10][11] - 住宅物业表现强劲,第一季度创下历史新高,收入同比增长6% [31][32] - 公司在One Santana West和915 Meeting Street等在建项目取得良好进展,分别达到50%和近80%的出租率 [33][34] 各个市场数据和关键指标变化 - 公司关注的一些增长市场包括凤凰城、佛罗里达中南部和北弗吉尼亚等 [22] - 这些市场的购物中心机会较为有吸引力,可以通过改善租户组合、再开发和增加密度来提升收益 [22] 公司战略和发展方向及行业竞争 - 公司将减少新开发项目,但加大收购力度,利用自身的运营实力和资产负债表优势寻找收购机会 [20][21][22][23][24] - 公司看重可以通过改善租户组合、再开发和增加密度来提升收益的购物中心 [22] - 公司认为当前收购市场机会较好,竞争对手较少,可以利用自身的成本优势获得较高的收益 [21][50] 管理层对经营环境和未来前景的评论 - 管理层认为人口统计特征在疫情后仍然很重要,体现在强劲的租赁需求 [9] - 管理层对公司的租赁活动和租金水平表示乐观,认为可持续增长 [9][14][15] - 管理层认为公司的资产质量和多样化的租户结构使其能够抵御经营环境的压力 [18][19] - 管理层对公司未来的收购增长前景表示乐观,认为可以利用自身优势获得较高的收益 [21][50] 问答环节重要的提问和回答 问题1 **Juan Sanabria 提问** 询问公司关于资产出售和收购的计划 [49] **Dan Guglielmone 回答** 公司有300-400百万美元的资产正在考虑出售,初始收益率在低6%左右,为收购提供资金 [50] 问题2 **Samir Khanal 提问** 询问公司同店增长指引偏低的原因 [59] **Dan Guglielmone 回答** 公司保持了较为谨慎的坏账准备,同时第二和第三季度的同比增长可能会有所加速 [60] 问题3 **Ki Bin Kim 提问** 询问公司在租赁谈判中是否会为未来发展做出一些短期让步 [77] **Donald Wood 和 Wendy Seher 回答** 公司很少会为未来发展而在当前租赁中做出重大让步,但会根据具体情况在租期、租金增幅等方面进行平衡 [78][79]

Table of Contents UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 FORM 10-Q ☒ QUARTERLY REPORT PURSUANT TO THE SECTION 13 OR 15(D) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended March 31, 2024 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(D) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from to Commission file number: 1-07533 (Federal Realty Investment Trust) Commission file number: 333-262016-01 (Federal Realty OP LP) FEDERAL REALTY IN ...

FEDERAL REALTY INVESTMENT TRUST SUPPLEMENTAL INFORMATION March 31, 2024 TABLE OF CONTENTS 1 First Quarter 2024 Earnings Press Release 3 2 Financial Highlights Consolidated Income Statements 7 Consolidated Balance Sheets 8 Funds From Operations / Other Supplemental Information 9 Components of Rental Income 10 Comparable Property Information 11 Market Data, Debt Metrics, and Senior Notes and Debentures Covenants 12 3 Summary of Debt Summary of Outstanding Debt 13 Summary of Debt Maturities 14 4 Summary of Red ...

Wall Street analysts forecast that Federal Realty Investment Trust (FRT) will report quarterly earnings of $1.65 per share in its upcoming release, pointing to a year-over-year increase of 3.8%. It is anticipated that revenues will amount to $287.13 million, exhibiting an increase of 5.2% compared to the year-ago quarter. The consensus EPS estimate for the quarter has undergone a downward revision of 0.1% in the past 30 days, bringing it to its present level. This represents how the covering analysts, as a ...