We maintain our ‘Neutral’ rating on Federal Realty Investment Trust (NYSE:FRT), a Maryland-based real estate investment trust (REIT) engaged in owning, managing, developing, and redeveloping retail, mixed-use and street-retail properties, primarily in densely populated locations.
Federal Realty owns Class A shopping centers in high income, infill areas of the country, with a concentration of assets in Washington DC, Boston, Philadelphia, and California. This provides a significant … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards