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0:00 / 0:00I. Business Overview and Strategy
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FEDERAL REALTY INVESTMENT TRUST Property Revenue Up 5.4% to $1.13 Billion in 2023

FRT10-KFiling Date: 2/12/2024
Federal Realty Investment Trust
Description

What this story covers

FRT saw property revenue rise 5 point 4 percent to 1 point 13 billion dollars in 2023, driven by rental income growth and strategic acquisitions. Despite higher property operating income, overall operating income declined due to prior-year non-recurring gains. The REIT maintains strong liquidity and manages risk through diversified tenants and markets.

Story snapshot

CompanyFederal Realty Investment Trust
TickerFRT
VariantStandard detailed
Duration38:48
Filing type10-K
PeriodAnnual 2023
IndustryReal Estate & Construction
Accession0000034903-24-000032

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