On Monday, June 18, Federal Realty (FRT) visits the New York Stock Exchange to celebrate the company’s 50th Anniversary. Federal Realty celebrates 50 years of being a proven leader in the ownership, operation, and redevelopment of high quality retail real estate in the country's best markets. Donald C. Wood, President and CEO of Federal Realty rings The Closing BellSM, accompanied by company executives.
Watch a live webcast of The Closing Bell at 3:59 p.m. ET on June 18, 2012. The archive will be available shortly after the event.
About Federal Realty (NYSE: FRT)
Federal Realty's portfolio (excluding joint venture properties) contains approximately 19.2 million square feet located primarily in strategically selected metropolitan markets in the Northeast and Mid-Atlantic regions of the United States, as well as in California. In addition, the Trust has an ownership interest in approximately 1.0 million square feet of retail space through a joint venture in which the Trust has a 30% interest. Federal Realty’s operating portfolio (excluding joint venture properties) was 93.8% leased to national, regional, and local retailers as of March 31, 2012, with no single tenant accounting for more than approximately 2.5% 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 44 consecutive years, the longest record in the REIT industry. Federal Realty is an S&P MidCap 400 company. Please visit www.federalrealty.com.