Federal Realty Investment Trust Announces Participation in Panel Presentation at ISI 2nd Annual Real Estate Conference
ROCKVILLE, Md., Sept 08, 2010 /PRNewswire via COMTEX/ --
Federal Realty Investment Trust (NYSE: FRT) announced today that Don Wood, president and chief executive officer, will participate in a panel discussion titled "Retail: The Pulse of the U.S. Consumer" on Tuesday, September 14 at 9:25 a.m. EDT during the ISI 2nd Annual Real Estate Conference in New York City. The presentation will be broadcast live via audio webcast available on our website, www.federalrealty.com. A replay of the webcast will be available for 30 days following the event.
About Federal Realty
Federal Realty Investment Trust is an equity real estate investment trust specializing in the ownership, management and redevelopment of high quality retail assets. Federal Realty's portfolio (excluding joint venture properties) contains approximately 18.2 million square feet located primarily in strategically selected metropolitan markets in the Northeast, Mid-Atlantic, and 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. Our operating portfolio (excluding joint venture properties) was 94.2% leased to national, regional, and local retailers as of June 30, 2010, with no single tenant accounting for more than approximately 2.7% 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 43 consecutive years, the longest record in the REIT industry. Federal Realty is an S&P MidCap 400 company and its shares are traded on the NYSE under the symbol FRT. For more information, please visit www.federalrealty.com.
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SOURCE Federal Realty Investment Trust