United States securities and exchange commission logo May 14, 2021 Daniel Guglielmone Executive Vice President - Chief Financial Officer FEDERAL REALTY INVESTMENT TRUST 909 Rose Avenue, Suite 200 North Bethesda , Maryland 20852 Re: FEDERAL REALTY INVESTMENT TRUST Form 10-K for Fiscal Year Ended December 31, 2020 Filed February 11, 2021 File No. 001-07533 Dear Mr. Guglielmone: We have completed our review of your filing. We remind you that the company and its management are responsible for the accuracy and adequacy of their disclosures, notwithstanding any review, comments, action or absence of action by the staff. Sincerely, Division of Corporation Finance Office of Real Estate & Construction