ROCKVILLE, Md., July 10, 2017 /PRNewswire/ -- Federal Realty Investment Trust (NYSE: FRT), a national leader in the retail real estate industry, has been named a winner in three categories of the distinguished Alliance for Workplace Excellence Awards, an event that recognizes employers for their exemplary commitment to building excellent places to work throughout the United States.
For the 10th consecutive year, the Trust was a recipient of the Workplace Excellence Seal of Approval Award and the Health & Wellness Seal of Approval Award; and for the 7th consecutive year, a recipient of the AWE EcoLeadership Award.
Federal Realty was among the 54 award-winning companies that underwent a rigorous assessment process led by an independent review panel of business professional and master's and Ph.D. level students in the fields of business, industrial and organizational psychology, human resources, environmental science, public health and diversity and inclusion.
"At Federal Realty, we firmly believe that no matter how great our real estate assets are and how well-thought-out our business strategy is, if you don't have the hearts of the people who work for you, none of it comes to life," said Laura Houser, Director of Human Resources at Federal Realty. "That's why we put great focus on building a work environment that makes our employees feel valued, supported and engaged. And it is an honor to be recognized for it."
Among the benefits and programs offered at Federal Realty, employees enjoy free breakfast one day per week; free and ample parking; proximity to retail, bank and public transportation; quarterly meetings led by the CEO; fundraising opportunities; an employee stock purchase program; structured learning and development curricula; and incentive programs, including tuition reimbursement. There is also an active employee engagement committee focused on identifying opportunities and programs to drive higher levels of employee engagement, boost innovation and foster passion throughout the organization.
About Federal Realty
Federal Realty is a recognized leader in the ownership, operation and redevelopment of high-quality retail based properties located primarily in major coastal markets from Washington, D.C. to Boston as well as San Francisco and Los Angeles. Founded in 1962, our mission is to deliver long term, sustainable growth through investing in densely populated, affluent communities where retail demand exceeds supply. Our expertise includes creating urban, mixed-use neighborhoods like Santana Row in San Jose, California, Pike & Rose in North Bethesda, Maryland and Assembly Row in Somerville, Massachusetts. These unique and vibrant environments that combine shopping, dining, living and working provide a destination experience valued by their respective communities. Federal Realty's 98 properties include over 2,800 tenants, in approximately 23 million square feet, and over 1,800 residential units.
Federal Realty has paid quarterly dividends to its shareholders continuously since its founding in 1962, and has increased its dividend rate for 49 consecutive years, the longest record in the REIT industry. Federal Realty shares are traded on the NYSE under the symbol FRT. For additional information about Federal Realty and its properties, visit www.FederalRealty.com.
The Alliance for Workplace Excellence (AWE) is a 501(c)3 non-profit organization founded in 1999 by Montgomery County, MD and Discovery Communications. Over the past 17 years, AWE has been dedicated to empowering employers to build excellence in the workplace as a means of supporting the quality of life for employees, their families, and the community at-large. AWE is dedicated to increasing the number of excellent workplaces within the business community through education and recognition, as a means to enhance the quality of life of its citizens and empower economic growth. For more information, please visit www.excellentworkplace.org.
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SOURCE Federal Realty Investment Trust