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    <link:label id="lab_us-gaap_FinanceLeasePrincipalPayments_28C43F160FE727BB3D642A8AE215A998_label_en-US" xlink:label="lab_us-gaap_FinanceLeasePrincipalPayments_89DD930962BD5AB5B1911940010AA5A2" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Finance Lease, Principal Payments</link:label>
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    <link:label id="lab_us-gaap_StatementOfFinancialPositionAbstract_CB37390D785AA149505AEF183AEAEEC8_label_en-US" xlink:label="lab_us-gaap_StatementOfFinancialPositionAbstract_CB37390D785AA149505AEF183AEAEEC8" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Statement of Financial Position [Abstract]</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2019/elts/us-gaap-2019-01-31.xsd#us-gaap_StatementOfFinancialPositionAbstract" xlink:label="loc_us-gaap_StatementOfFinancialPositionAbstract_CB37390D785AA149505AEF183AEAEEC8" xlink:type="locator" />
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    <link:label id="lab_us-gaap_StatementTable_07BCBE87A53488AFD484EF183AEA9B6D_terseLabel_en-US" xlink:label="lab_us-gaap_StatementTable_07BCBE87A53488AFD484EF183AEA9B6D" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Statement [Table]</link:label>
    <link:label id="lab_us-gaap_StatementTable_07BCBE87A53488AFD484EF183AEA9B6D_label_en-US" xlink:label="lab_us-gaap_StatementTable_07BCBE87A53488AFD484EF183AEA9B6D" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Statement [Table]</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2019/elts/us-gaap-2019-01-31.xsd#us-gaap_StatementTable" xlink:label="loc_us-gaap_StatementTable_07BCBE87A53488AFD484EF183AEA9B6D" xlink:type="locator" />
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    <link:label id="lab_us-gaap_StatementClassOfStockAxis_728BCE98F389547C1F28EF183AEB621C_terseLabel_en-US" xlink:label="lab_us-gaap_StatementClassOfStockAxis_728BCE98F389547C1F28EF183AEB621C" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Class of Stock [Axis]</link:label>
    <link:label id="lab_us-gaap_StatementClassOfStockAxis_728BCE98F389547C1F28EF183AEB621C_label_en-US" xlink:label="lab_us-gaap_StatementClassOfStockAxis_728BCE98F389547C1F28EF183AEB621C" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Class of Stock [Axis]</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2019/elts/us-gaap-2019-01-31.xsd#us-gaap_StatementClassOfStockAxis" xlink:label="loc_us-gaap_StatementClassOfStockAxis_728BCE98F389547C1F28EF183AEB621C" xlink:type="locator" />
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    <link:label id="lab_us-gaap_ClassOfStockDomain_354992723616CDD3669AEF183AEB475B_terseLabel_en-US" xlink:label="lab_us-gaap_ClassOfStockDomain_354992723616CDD3669AEF183AEB475B" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Class of Stock</link:label>
    <link:label id="lab_us-gaap_ClassOfStockDomain_354992723616CDD3669AEF183AEB475B_label_en-US" xlink:label="lab_us-gaap_ClassOfStockDomain_354992723616CDD3669AEF183AEB475B" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Class of Stock [Domain]</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2019/elts/us-gaap-2019-01-31.xsd#us-gaap_ClassOfStockDomain" xlink:label="loc_us-gaap_ClassOfStockDomain_354992723616CDD3669AEF183AEB475B" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_ClassOfStockDomain_354992723616CDD3669AEF183AEB475B" xlink:to="lab_us-gaap_ClassOfStockDomain_354992723616CDD3669AEF183AEB475B" xlink:type="arc" />
    <link:label id="lab_frt_A5.0SeriesCCumulativeRedeemablePreferredMember_C1330731BF7F4BA97F78EF183AEB4379_terseLabel_en-US" xlink:label="lab_frt_A5.0SeriesCCumulativeRedeemablePreferredMember_C1330731BF7F4BA97F78EF183AEB4379" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">5.0% Series C Cumulative Redeemable Preferred Shares, (stated at liquidation preference $25,000 per share), 6,000 shares issued and outstanding</link:label>
    <link:label id="lab_frt_A5.0SeriesCCumulativeRedeemablePreferredMember_C1330731BF7F4BA97F78EF183AEB4379_label_en-US" xlink:label="lab_frt_A5.0SeriesCCumulativeRedeemablePreferredMember_C1330731BF7F4BA97F78EF183AEB4379" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">5.0% Series C Cumulative Redeemable Preferred [Member]</link:label>
    <link:label id="lab_frt_A5.0SeriesCCumulativeRedeemablePreferredMember_C1330731BF7F4BA97F78EF183AEB4379_documentation_en-US" xlink:label="lab_frt_A5.0SeriesCCumulativeRedeemablePreferredMember_C1330731BF7F4BA97F78EF183AEB4379" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Five point Zero Percentage Series C Redeemable Convertible Preferred Stock [Member]</link:label>
    <link:loc xlink:href="frt-20190930.xsd#frt_A5.0SeriesCCumulativeRedeemablePreferredMember" xlink:label="loc_frt_A5.0SeriesCCumulativeRedeemablePreferredMember_C1330731BF7F4BA97F78EF183AEB4379" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_frt_A5.0SeriesCCumulativeRedeemablePreferredMember_C1330731BF7F4BA97F78EF183AEB4379" xlink:to="lab_frt_A5.0SeriesCCumulativeRedeemablePreferredMember_C1330731BF7F4BA97F78EF183AEB4379" xlink:type="arc" />
    <link:label id="lab_frt_A5417Series1CumulativeConvertiblePreferredMember_7B8BB608D5306FDDFF28EF183AEF4C5E_terseLabel_en-US" xlink:label="lab_frt_A5417Series1CumulativeConvertiblePreferredMember_7B8BB608D5306FDDFF28EF183AEF4C5E" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">5.417% Series 1 Cumulative Convertible Preferred Shares, (stated at liquidation preference $25 per share), 399,896 shares issued and outstanding</link:label>
    <link:label id="lab_frt_A5417Series1CumulativeConvertiblePreferredMember_7B8BB608D5306FDDFF28EF183AEF4C5E_label_en-US" xlink:label="lab_frt_A5417Series1CumulativeConvertiblePreferredMember_7B8BB608D5306FDDFF28EF183AEF4C5E" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">5.417% Series 1 Cumulative Convertible Preferred [Member]</link:label>
    <link:label id="lab_frt_A5417Series1CumulativeConvertiblePreferredMember_7B8BB608D5306FDDFF28EF183AEF4C5E_documentation_en-US" xlink:label="lab_frt_A5417Series1CumulativeConvertiblePreferredMember_7B8BB608D5306FDDFF28EF183AEF4C5E" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Five point Four One Seven Percentage Series One Cumulative Convertible Preferred Stock [Member]</link:label>
    <link:loc xlink:href="frt-20190930.xsd#frt_A5417Series1CumulativeConvertiblePreferredMember" xlink:label="loc_frt_A5417Series1CumulativeConvertiblePreferredMember_7B8BB608D5306FDDFF28EF183AEF4C5E" xlink:type="locator" />
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    <link:label id="lab_us-gaap_StatementLineItems_3E84EDA3429FF40376BBEF183AEF81A8_terseLabel_en-US" xlink:label="lab_us-gaap_StatementLineItems_3E84EDA3429FF40376BBEF183AEF81A8" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Statement [Line Items]</link:label>
    <link:label id="lab_us-gaap_StatementLineItems_3E84EDA3429FF40376BBEF183AEF81A8_label_en-US" xlink:label="lab_us-gaap_StatementLineItems_3E84EDA3429FF40376BBEF183AEF81A8" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Statement [Line Items]</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2019/elts/us-gaap-2019-01-31.xsd#us-gaap_StatementLineItems" xlink:label="loc_us-gaap_StatementLineItems_3E84EDA3429FF40376BBEF183AEF81A8" xlink:type="locator" />
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    <link:label id="lab_us-gaap_AssetsAbstract_82056B8FC3E3C334BB9CEF183AEF38F7_terseLabel_en-US" xlink:label="lab_us-gaap_AssetsAbstract_82056B8FC3E3C334BB9CEF183AEF38F7" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">ASSETS</link:label>
    <link:label id="lab_us-gaap_AssetsAbstract_82056B8FC3E3C334BB9CEF183AEF38F7_label_en-US" xlink:label="lab_us-gaap_AssetsAbstract_82056B8FC3E3C334BB9CEF183AEF38F7" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Assets [Abstract]</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2019/elts/us-gaap-2019-01-31.xsd#us-gaap_AssetsAbstract" xlink:label="loc_us-gaap_AssetsAbstract_82056B8FC3E3C334BB9CEF183AEF38F7" xlink:type="locator" />
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    <link:label id="lab_us-gaap_RentalProperties_CE6347B529A58B4E96F7EF183AEFBD45_terseLabel_en-US" xlink:label="lab_us-gaap_RentalProperties_CE6347B529A58B4E96F7EF183AEFBD45" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Operating (including $1,536,443 and $1,701,804 of consolidated variable interest entities, respectively)</link:label>
    <link:label id="lab_us-gaap_RentalProperties_CE6347B529A58B4E96F7EF183AEFBD45_label_en-US" xlink:label="lab_us-gaap_RentalProperties_CE6347B529A58B4E96F7EF183AEFBD45" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Rental Properties</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2019/elts/us-gaap-2019-01-31.xsd#us-gaap_RentalProperties" xlink:label="loc_us-gaap_RentalProperties_CE6347B529A58B4E96F7EF183AEFBD45" xlink:type="locator" />
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    <link:label id="lab_us-gaap_ConstructionInProgressGross_53D49B25BD498B33AD7DEF183AF0ACC2_terseLabel_en-US" xlink:label="lab_us-gaap_ConstructionInProgressGross_53D49B25BD498B33AD7DEF183AF0ACC2" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Construction-in-progress (including $97,922 and $51,313 of consolidated variable interest entities, respectively)</link:label>
    <link:label id="lab_us-gaap_ConstructionInProgressGross_53D49B25BD498B33AD7DEF183AF0ACC2_label_en-US" xlink:label="lab_us-gaap_ConstructionInProgressGross_53D49B25BD498B33AD7DEF183AF0ACC2" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Construction in Progress, Gross</link:label>
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    <link:label id="lab_us-gaap_RealEstateHeldforsale_E134C6551DAA942FF0DFEF183AF089FD_terseLabel_en-US" xlink:label="lab_us-gaap_RealEstateHeldforsale_E134C6551DAA942FF0DFEF183AF089FD" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Assets held for sale</link:label>
    <link:label id="lab_us-gaap_RealEstateHeldforsale_E134C6551DAA942FF0DFEF183AF089FD_label_en-US" xlink:label="lab_us-gaap_RealEstateHeldforsale_E134C6551DAA942FF0DFEF183AF089FD" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Real Estate Held-for-sale</link:label>
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    <link:label id="lab_us-gaap_RealEstateInvestmentPropertyAtCost_B20FBC6514CD6F8CB2B7EF183AF0883E_label_en-US" xlink:label="lab_us-gaap_RealEstateInvestmentPropertyAtCost_B20FBC6514CD6F8CB2B7EF183AF0883E" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Real Estate Investment Property, at Cost</link:label>
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    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_RealEstateInvestmentPropertyAtCost_B20FBC6514CD6F8CB2B7EF183AF0883E" xlink:to="lab_us-gaap_RealEstateInvestmentPropertyAtCost_B20FBC6514CD6F8CB2B7EF183AF0883E" xlink:type="arc" />
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    <link:label id="lab_us-gaap_RealEstateInvestmentPropertyAccumulatedDepreciation_E6EEC1AB6C0C662070CCEF183AF1266E_label_en-US" xlink:label="lab_us-gaap_RealEstateInvestmentPropertyAccumulatedDepreciation_E6EEC1AB6C0C662070CCEF183AF1266E" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Real Estate Investment Property, Accumulated Depreciation</link:label>
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    <link:label id="lab_us-gaap_RealEstateInvestmentPropertyNet_7A5A34FDD24C0F012B56EF183AF1E211_label_en-US" xlink:label="lab_us-gaap_RealEstateInvestmentPropertyNet_7A5A34FDD24C0F012B56EF183AF1E211" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Real Estate Investment Property, Net</link:label>
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    <link:label id="lab_us-gaap_OperatingLeaseRightOfUseAsset_658389A7A98EBEAADABDEF183AF2700C_label_en-US" xlink:label="lab_us-gaap_OperatingLeaseRightOfUseAsset_658389A7A98EBEAADABDEF183AF2700C" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Operating Lease, Right-of-Use Asset</link:label>
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    <link:label id="lab_us-gaap_LiabilitiesAbstract_C4AFE20314EB7D3FD6A1EF183AF35BD9_label_en-US" xlink:label="lab_us-gaap_LiabilitiesAbstract_C4AFE20314EB7D3FD6A1EF183AF35BD9" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Liabilities [Abstract]</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2019/elts/us-gaap-2019-01-31.xsd#us-gaap_LiabilitiesAbstract" xlink:label="loc_us-gaap_LiabilitiesAbstract_C4AFE20314EB7D3FD6A1EF183AF35BD9" xlink:type="locator" />
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    <link:label id="lab_us-gaap_SecuredDebt_8E64B35674992D70A70BEF183AF3B322_label_en-US" xlink:label="lab_us-gaap_SecuredDebt_8E64B35674992D70A70BEF183AF3B322" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Secured Debt</link:label>
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    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_StatementOfCashFlowsAbstract_681970D66E3F3984233F13C1A896BDE4" xlink:to="lab_us-gaap_StatementOfCashFlowsAbstract_681970D66E3F3984233F13C1A896BDE4" xlink:type="arc" />
    <link:label id="lab_us-gaap_NetCashProvidedByUsedInOperatingActivitiesAbstract_046019D245B0DE94ED1B13C1A898E99D_terseLabel_en-US" xlink:label="lab_us-gaap_NetCashProvidedByUsedInOperatingActivitiesAbstract_046019D245B0DE94ED1B13C1A898E99D" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">OPERATING ACTIVITIES</link:label>
    <link:label id="lab_us-gaap_NetCashProvidedByUsedInOperatingActivitiesAbstract_046019D245B0DE94ED1B13C1A898E99D_label_en-US" xlink:label="lab_us-gaap_NetCashProvidedByUsedInOperatingActivitiesAbstract_046019D245B0DE94ED1B13C1A898E99D" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Net Cash Provided by (Used in) Operating Activities [Abstract]</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2019/elts/us-gaap-2019-01-31.xsd#us-gaap_NetCashProvidedByUsedInOperatingActivitiesAbstract" xlink:label="loc_us-gaap_NetCashProvidedByUsedInOperatingActivitiesAbstract_046019D245B0DE94ED1B13C1A898E99D" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_NetCashProvidedByUsedInOperatingActivitiesAbstract_046019D245B0DE94ED1B13C1A898E99D" xlink:to="lab_us-gaap_NetCashProvidedByUsedInOperatingActivitiesAbstract_046019D245B0DE94ED1B13C1A898E99D" xlink:type="arc" />
    <link:label id="lab_us-gaap_ProfitLoss_850B71D25445D35F309513C1A89902FD_terseLabel_en-US" xlink:label="lab_us-gaap_ProfitLoss_850B71D25445D35F309513C1A89902FD" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Net income</link:label>
    <link:label id="lab_us-gaap_ProfitLoss_850B71D25445D35F309513C1A89902FD_label_en-US" xlink:label="lab_us-gaap_ProfitLoss_850B71D25445D35F309513C1A89902FD" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Net Income (Loss), Including Portion Attributable to Noncontrolling Interest</link:label>
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    <link:label id="lab_frt_AdjustmentDepreciationAndAmortization_4F848ABEA485193ABC7B13C1A8996157_terseLabel_en-US" xlink:label="lab_frt_AdjustmentDepreciationAndAmortization_4F848ABEA485193ABC7B13C1A8996157" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Depreciation and amortization</link:label>
    <link:label id="lab_frt_AdjustmentDepreciationAndAmortization_4F848ABEA485193ABC7B13C1A8996157_label_en-US" xlink:label="lab_frt_AdjustmentDepreciationAndAmortization_4F848ABEA485193ABC7B13C1A8996157" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Adjustment Depreciation And Amortization</link:label>
    <link:label id="lab_frt_AdjustmentDepreciationAndAmortization_4F848ABEA485193ABC7B13C1A8996157_documentation_en-US" xlink:label="lab_frt_AdjustmentDepreciationAndAmortization_4F848ABEA485193ABC7B13C1A8996157" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">The cash flow addback for the non-cash expense of depreciation and amortization including depreciation and amortization related to discontinued operations.</link:label>
    <link:loc xlink:href="frt-20190930.xsd#frt_AdjustmentDepreciationAndAmortization" xlink:label="loc_frt_AdjustmentDepreciationAndAmortization_4F848ABEA485193ABC7B13C1A8996157" xlink:type="locator" />
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    <link:label id="lab_us-gaap_GainLossOnSaleOfPropertiesNetOfApplicableIncomeTaxes_4E7AF773D2CE3E797F2213C1A899E830_negatedLabel_en-US" xlink:label="lab_us-gaap_GainLossOnSaleOfPropertiesNetOfApplicableIncomeTaxes_4E7AF773D2CE3E797F2213C1A899E830" xlink:role="http://www.xbrl.org/2009/role/negatedLabel" xlink:type="resource" xml:lang="en-US">Gain on sale of real estate, net of tax</link:label>
    <link:label id="lab_us-gaap_GainLossOnSaleOfPropertiesNetOfApplicableIncomeTaxes_4E7AF773D2CE3E797F2213C1A899E830_label_en-US" xlink:label="lab_us-gaap_GainLossOnSaleOfPropertiesNetOfApplicableIncomeTaxes_4E7AF773D2CE3E797F2213C1A899E830" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Gain (Loss) on Sale of Properties, Net of Applicable Income Taxes</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2019/elts/us-gaap-2019-01-31.xsd#us-gaap_GainLossOnSaleOfPropertiesNetOfApplicableIncomeTaxes" xlink:label="loc_us-gaap_GainLossOnSaleOfPropertiesNetOfApplicableIncomeTaxes_4E7AF773D2CE3E797F2213C1A899E830" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_GainLossOnSaleOfPropertiesNetOfApplicableIncomeTaxes_4E7AF773D2CE3E797F2213C1A899E830" xlink:to="lab_us-gaap_GainLossOnSaleOfPropertiesNetOfApplicableIncomeTaxes_4E7AF773D2CE3E797F2213C1A899E830" xlink:type="arc" />
    <link:label id="lab_us-gaap_IncomeLossFromEquityMethodInvestments_A3938C51A632B87430FF13C1A89A2102_negatedLabel_en-US" xlink:label="lab_us-gaap_IncomeLossFromEquityMethodInvestments_A3938C51A632B87430FF13C1A89A2102" xlink:role="http://www.xbrl.org/2009/role/negatedLabel" xlink:type="resource" xml:lang="en-US">Loss from partnerships</link:label>
    <link:label id="lab_us-gaap_IncomeLossFromEquityMethodInvestments_A3938C51A632B87430FF13C1A89A2102_label_en-US" xlink:label="lab_us-gaap_IncomeLossFromEquityMethodInvestments_A3938C51A632B87430FF13C1A89A2102" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Income (Loss) from Equity Method Investments</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2019/elts/us-gaap-2019-01-31.xsd#us-gaap_IncomeLossFromEquityMethodInvestments" xlink:label="loc_us-gaap_IncomeLossFromEquityMethodInvestments_A3938C51A632B87430FF13C1A89A2102" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_IncomeLossFromEquityMethodInvestments_A3938C51A632B87430FF13C1A89A2102" xlink:to="lab_us-gaap_IncomeLossFromEquityMethodInvestments_A3938C51A632B87430FF13C1A89A2102" xlink:type="arc" />
    <link:label id="lab_us-gaap_OtherNoncashIncomeExpense_9F48D901C93E029DF48013C1A89A7BC9_negatedTerseLabel_en-US" xlink:label="lab_us-gaap_OtherNoncashIncomeExpense_9F48D901C93E029DF48013C1A89A7BC9" xlink:role="http://www.xbrl.org/2009/role/negatedTerseLabel" xlink:type="resource" xml:lang="en-US">Other, net</link:label>
    <link:label id="lab_us-gaap_OtherNoncashIncomeExpense_9F48D901C93E029DF48013C1A89A7BC9_label_en-US" xlink:label="lab_us-gaap_OtherNoncashIncomeExpense_9F48D901C93E029DF48013C1A89A7BC9" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Other Noncash Income (Expense)</link:label>
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    <link:label id="lab_us-gaap_IncreaseDecreaseInOperatingCapitalAbstract_821854F01DDCEBFFDBDA13C1A89A2559_terseLabel_en-US" xlink:label="lab_us-gaap_IncreaseDecreaseInOperatingCapitalAbstract_821854F01DDCEBFFDBDA13C1A89A2559" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Changes in assets and liabilities, net of effects of acquisitions and dispositions:</link:label>
    <link:label id="lab_us-gaap_IncreaseDecreaseInOperatingCapitalAbstract_821854F01DDCEBFFDBDA13C1A89A2559_label_en-US" xlink:label="lab_us-gaap_IncreaseDecreaseInOperatingCapitalAbstract_821854F01DDCEBFFDBDA13C1A89A2559" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Increase (Decrease) in Operating Capital [Abstract]</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2019/elts/us-gaap-2019-01-31.xsd#us-gaap_IncreaseDecreaseInOperatingCapitalAbstract" xlink:label="loc_us-gaap_IncreaseDecreaseInOperatingCapitalAbstract_821854F01DDCEBFFDBDA13C1A89A2559" xlink:type="locator" />
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    <link:label id="lab_frt_Proceedsfromnewmarkettaxcredittransactionnetofdeferredcosts_BADC929DEB57B697567F13C1A89AB0FE_terseLabel_en-US" xlink:label="lab_frt_Proceedsfromnewmarkettaxcredittransactionnetofdeferredcosts_BADC929DEB57B697567F13C1A89AB0FE" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Proceeds from new market tax credit transaction, net of deferred costs</link:label>
    <link:label id="lab_frt_Proceedsfromnewmarkettaxcredittransactionnetofdeferredcosts_BADC929DEB57B697567F13C1A89AB0FE_label_en-US" xlink:label="lab_frt_Proceedsfromnewmarkettaxcredittransactionnetofdeferredcosts_BADC929DEB57B697567F13C1A89AB0FE" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Proceeds from new market tax credit transaction, net of deferred costs</link:label>
    <link:label id="lab_frt_Proceedsfromnewmarkettaxcredittransactionnetofdeferredcosts_BADC929DEB57B697567F13C1A89AB0FE_documentation_en-US" xlink:label="lab_frt_Proceedsfromnewmarkettaxcredittransactionnetofdeferredcosts_BADC929DEB57B697567F13C1A89AB0FE" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Proceeds from new market tax credit transaction, net of deferred costs</link:label>
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    <link:label id="lab_us-gaap_IncreaseDecreaseInAccountsAndOtherReceivables_809A7702FDB82164466613C1A89BF887_negatedLabel_en-US" xlink:label="lab_us-gaap_IncreaseDecreaseInAccountsAndOtherReceivables_809A7702FDB82164466613C1A89BF887" xlink:role="http://www.xbrl.org/2009/role/negatedLabel" xlink:type="resource" xml:lang="en-US">Increase in accounts receivable, net</link:label>
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    <link:label id="lab_us-gaap_IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets_6212319B7929B7A1282513C1A89BAE66_negatedLabel_en-US" xlink:label="lab_us-gaap_IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets_6212319B7929B7A1282513C1A89BAE66" xlink:role="http://www.xbrl.org/2009/role/negatedLabel" xlink:type="resource" xml:lang="en-US">Increase in prepaid expenses and other assets</link:label>
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    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2019/elts/us-gaap-2019-01-31.xsd#us-gaap_IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets" xlink:label="loc_us-gaap_IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets_6212319B7929B7A1282513C1A89BAE66" xlink:type="locator" />
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    <link:label id="lab_us-gaap_IncreaseDecreaseInAccountsPayableAndAccruedLiabilities_9492D7BF39319392FA1413C1A89BB4CE_terseLabel_en-US" xlink:label="lab_us-gaap_IncreaseDecreaseInAccountsPayableAndAccruedLiabilities_9492D7BF39319392FA1413C1A89BB4CE" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Increase in accounts payable and accrued expenses</link:label>
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    <link:label id="lab_us-gaap_NetCashProvidedByUsedInOperatingActivities_E7B77DD5E5F015E99CF113C1A89BC156_totalLabel_en-US" xlink:label="lab_us-gaap_NetCashProvidedByUsedInOperatingActivities_E7B77DD5E5F015E99CF113C1A89BC156" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:type="resource" xml:lang="en-US">Net cash provided by operating activities</link:label>
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    <link:label id="lab_us-gaap_NetCashProvidedByUsedInInvestingActivitiesAbstract_40BE47E8EE3457609DE613C1A89C93BC_terseLabel_en-US" xlink:label="lab_us-gaap_NetCashProvidedByUsedInInvestingActivitiesAbstract_40BE47E8EE3457609DE613C1A89C93BC" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">INVESTING ACTIVITIES</link:label>
    <link:label id="lab_us-gaap_NetCashProvidedByUsedInInvestingActivitiesAbstract_40BE47E8EE3457609DE613C1A89C93BC_label_en-US" xlink:label="lab_us-gaap_NetCashProvidedByUsedInInvestingActivitiesAbstract_40BE47E8EE3457609DE613C1A89C93BC" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Net Cash Provided by (Used in) Investing Activities [Abstract]</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2019/elts/us-gaap-2019-01-31.xsd#us-gaap_NetCashProvidedByUsedInInvestingActivitiesAbstract" xlink:label="loc_us-gaap_NetCashProvidedByUsedInInvestingActivitiesAbstract_40BE47E8EE3457609DE613C1A89C93BC" xlink:type="locator" />
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    <link:label id="lab_us-gaap_PaymentsToAcquireRealEstate_4865F362042C4A878EC813C1A89C4B45_negatedTerseLabel_en-US" xlink:label="lab_us-gaap_PaymentsToAcquireRealEstate_4865F362042C4A878EC813C1A89C4B45" xlink:role="http://www.xbrl.org/2009/role/negatedTerseLabel" xlink:type="resource" xml:lang="en-US">Acquisition of real estate</link:label>
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    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2019/elts/us-gaap-2019-01-31.xsd#us-gaap_PaymentsToAcquireRealEstate" xlink:label="loc_us-gaap_PaymentsToAcquireRealEstate_4865F362042C4A878EC813C1A89C4B45" xlink:type="locator" />
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    <link:label id="lab_frt_CapitalExpendituresDevelopmentRedevelopment_375FE7A41E1A32894ABD13C1A89C9FF0_negatedLabel_en-US" xlink:label="lab_frt_CapitalExpendituresDevelopmentRedevelopment_375FE7A41E1A32894ABD13C1A89C9FF0" xlink:role="http://www.xbrl.org/2009/role/negatedLabel" xlink:type="resource" xml:lang="en-US">Capital expenditures - development and redevelopment</link:label>
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    <link:label id="lab_frt_CapitalExpendituresDevelopmentRedevelopment_375FE7A41E1A32894ABD13C1A89C9FF0_documentation_en-US" xlink:label="lab_frt_CapitalExpendituresDevelopmentRedevelopment_375FE7A41E1A32894ABD13C1A89C9FF0" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Payments to develop or redevelop real estate assets is the process of adding improvements on or to a parcel of land. Such improvements may include drainage, utilities, subdividing, access, buildings, and any combination of these elements. In addition, the cash outflow from construction costs to date on capital projects that have not been completed and assets being constructed that are not ready to be placed into service.</link:label>
    <link:loc xlink:href="frt-20190930.xsd#frt_CapitalExpendituresDevelopmentRedevelopment" xlink:label="loc_frt_CapitalExpendituresDevelopmentRedevelopment_375FE7A41E1A32894ABD13C1A89C9FF0" xlink:type="locator" />
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    <link:label id="lab_us-gaap_PaymentsForCapitalImprovements_D9D1F17794C234445AC313C1A89CA0E8_negatedLabel_en-US" xlink:label="lab_us-gaap_PaymentsForCapitalImprovements_D9D1F17794C234445AC313C1A89CA0E8" xlink:role="http://www.xbrl.org/2009/role/negatedLabel" xlink:type="resource" xml:lang="en-US">Capital expenditures - other</link:label>
    <link:label id="lab_us-gaap_PaymentsForCapitalImprovements_D9D1F17794C234445AC313C1A89CA0E8_label_en-US" xlink:label="lab_us-gaap_PaymentsForCapitalImprovements_D9D1F17794C234445AC313C1A89CA0E8" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Payments for Capital Improvements</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2019/elts/us-gaap-2019-01-31.xsd#us-gaap_PaymentsForCapitalImprovements" xlink:label="loc_us-gaap_PaymentsForCapitalImprovements_D9D1F17794C234445AC313C1A89CA0E8" xlink:type="locator" />
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    <link:label id="lab_frt_Proceedsfromthesaleofrealestateandrealestatepartnershipinterests_7FB98BD6E7393C225EF813C1A89C82B2_terseLabel_en-US" xlink:label="lab_frt_Proceedsfromthesaleofrealestateandrealestatepartnershipinterests_7FB98BD6E7393C225EF813C1A89C82B2" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Proceeds from sale of real estate</link:label>
    <link:label id="lab_frt_Proceedsfromthesaleofrealestateandrealestatepartnershipinterests_7FB98BD6E7393C225EF813C1A89C82B2_label_en-US" xlink:label="lab_frt_Proceedsfromthesaleofrealestateandrealestatepartnershipinterests_7FB98BD6E7393C225EF813C1A89C82B2" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Proceeds from the sale of real estate and real estate partnership interests</link:label>
    <link:label id="lab_frt_Proceedsfromthesaleofrealestateandrealestatepartnershipinterests_7FB98BD6E7393C225EF813C1A89C82B2_documentation_en-US" xlink:label="lab_frt_Proceedsfromthesaleofrealestateandrealestatepartnershipinterests_7FB98BD6E7393C225EF813C1A89C82B2" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Proceeds from the sale of real estate and real estate partnership interests</link:label>
    <link:loc xlink:href="frt-20190930.xsd#frt_Proceedsfromthesaleofrealestateandrealestatepartnershipinterests" xlink:label="loc_frt_Proceedsfromthesaleofrealestateandrealestatepartnershipinterests_7FB98BD6E7393C225EF813C1A89C82B2" xlink:type="locator" />
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    <link:label id="lab_us-gaap_PaymentsForProceedsFromRealEstatePartnershipInvestmentNet_504241ADD7036331486613C1A89DF3A0_negatedLabel_en-US" xlink:label="lab_us-gaap_PaymentsForProceedsFromRealEstatePartnershipInvestmentNet_504241ADD7036331486613C1A89DF3A0" xlink:role="http://www.xbrl.org/2009/role/negatedLabel" xlink:type="resource" xml:lang="en-US">Proceeds from partnership formation</link:label>
    <link:label id="lab_us-gaap_PaymentsForProceedsFromRealEstatePartnershipInvestmentNet_504241ADD7036331486613C1A89DF3A0_label_en-US" xlink:label="lab_us-gaap_PaymentsForProceedsFromRealEstatePartnershipInvestmentNet_504241ADD7036331486613C1A89DF3A0" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Payments for (Proceeds from) Real Estate Partnership Investment, Net</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2019/elts/us-gaap-2019-01-31.xsd#us-gaap_PaymentsForProceedsFromRealEstatePartnershipInvestmentNet" xlink:label="loc_us-gaap_PaymentsForProceedsFromRealEstatePartnershipInvestmentNet_504241ADD7036331486613C1A89DF3A0" xlink:type="locator" />
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    <link:label id="lab_us-gaap_PaymentsToAcquireInterestInSubsidiariesAndAffiliates_EED8F8673D78BD78BD9413C1A89D7088_negatedTerseLabel_en-US" xlink:label="lab_us-gaap_PaymentsToAcquireInterestInSubsidiariesAndAffiliates_EED8F8673D78BD78BD9413C1A89D7088" xlink:role="http://www.xbrl.org/2009/role/negatedTerseLabel" xlink:type="resource" xml:lang="en-US">Investment in partnerships</link:label>
    <link:label id="lab_us-gaap_PaymentsToAcquireInterestInSubsidiariesAndAffiliates_EED8F8673D78BD78BD9413C1A89D7088_label_en-US" xlink:label="lab_us-gaap_PaymentsToAcquireInterestInSubsidiariesAndAffiliates_EED8F8673D78BD78BD9413C1A89D7088" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Payments to Acquire Interest in Subsidiaries and Affiliates</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2019/elts/us-gaap-2019-01-31.xsd#us-gaap_PaymentsToAcquireInterestInSubsidiariesAndAffiliates" xlink:label="loc_us-gaap_PaymentsToAcquireInterestInSubsidiariesAndAffiliates_EED8F8673D78BD78BD9413C1A89D7088" xlink:type="locator" />
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    <link:label id="lab_us-gaap_ProceedsFromDistributionsReceivedFromRealEstatePartnerships_52B3F8BC7F90C9F895B513C1A89DB5F6_terseLabel_en-US" xlink:label="lab_us-gaap_ProceedsFromDistributionsReceivedFromRealEstatePartnerships_52B3F8BC7F90C9F895B513C1A89DB5F6" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Distribution from partnerships in excess of earnings</link:label>
    <link:label id="lab_us-gaap_ProceedsFromDistributionsReceivedFromRealEstatePartnerships_52B3F8BC7F90C9F895B513C1A89DB5F6_label_en-US" xlink:label="lab_us-gaap_ProceedsFromDistributionsReceivedFromRealEstatePartnerships_52B3F8BC7F90C9F895B513C1A89DB5F6" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Proceeds from Distributions Received from Real Estate Partnerships</link:label>
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    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_ProceedsFromDistributionsReceivedFromRealEstatePartnerships_52B3F8BC7F90C9F895B513C1A89DB5F6" xlink:to="lab_us-gaap_ProceedsFromDistributionsReceivedFromRealEstatePartnerships_52B3F8BC7F90C9F895B513C1A89DB5F6" xlink:type="arc" />
    <link:label id="lab_us-gaap_IncreaseDecreaseInLeaseAcquisitionCosts_4CFF914C4225127D54E913C1A89D9D02_negatedLabel_en-US" xlink:label="lab_us-gaap_IncreaseDecreaseInLeaseAcquisitionCosts_4CFF914C4225127D54E913C1A89D9D02" xlink:role="http://www.xbrl.org/2009/role/negatedLabel" xlink:type="resource" xml:lang="en-US">Leasing costs</link:label>
    <link:label id="lab_us-gaap_IncreaseDecreaseInLeaseAcquisitionCosts_4CFF914C4225127D54E913C1A89D9D02_label_en-US" xlink:label="lab_us-gaap_IncreaseDecreaseInLeaseAcquisitionCosts_4CFF914C4225127D54E913C1A89D9D02" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Increase (Decrease) in Lease Acquisition Costs</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2019/elts/us-gaap-2019-01-31.xsd#us-gaap_IncreaseDecreaseInLeaseAcquisitionCosts" xlink:label="loc_us-gaap_IncreaseDecreaseInLeaseAcquisitionCosts_4CFF914C4225127D54E913C1A89D9D02" xlink:type="locator" />
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    <link:label id="lab_frt_IssuanceAndRepaymentsOfMortgageAndOtherNotesReceivableNet_EE5F17746A3F74B4AA0113C1A89D2E54_negatedLabel_en-US" xlink:label="lab_frt_IssuanceAndRepaymentsOfMortgageAndOtherNotesReceivableNet_EE5F17746A3F74B4AA0113C1A89D2E54" xlink:role="http://www.xbrl.org/2009/role/negatedLabel" xlink:type="resource" xml:lang="en-US">Repayment (issuance) of mortgage and other notes receivable, net</link:label>
    <link:label id="lab_frt_IssuanceAndRepaymentsOfMortgageAndOtherNotesReceivableNet_EE5F17746A3F74B4AA0113C1A89D2E54_label_en-US" xlink:label="lab_frt_IssuanceAndRepaymentsOfMortgageAndOtherNotesReceivableNet_EE5F17746A3F74B4AA0113C1A89D2E54" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Issuance And Repayments Of Mortgage And Other Notes Receivable Net</link:label>
    <link:label id="lab_frt_IssuanceAndRepaymentsOfMortgageAndOtherNotesReceivableNet_EE5F17746A3F74B4AA0113C1A89D2E54_documentation_en-US" xlink:label="lab_frt_IssuanceAndRepaymentsOfMortgageAndOtherNotesReceivableNet_EE5F17746A3F74B4AA0113C1A89D2E54" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">The cash outflow from the issuance and purchase of receivables arising from the mortgage note on real estate and other notes receivable, net of repayments.</link:label>
    <link:loc xlink:href="frt-20190930.xsd#frt_IssuanceAndRepaymentsOfMortgageAndOtherNotesReceivableNet" xlink:label="loc_frt_IssuanceAndRepaymentsOfMortgageAndOtherNotesReceivableNet_EE5F17746A3F74B4AA0113C1A89D2E54" xlink:type="locator" />
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    <link:label id="lab_us-gaap_NetCashProvidedByUsedInInvestingActivities_97A5B095912468C0192413C1A89E5252_totalLabel_en-US" xlink:label="lab_us-gaap_NetCashProvidedByUsedInInvestingActivities_97A5B095912468C0192413C1A89E5252" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:type="resource" xml:lang="en-US">Net cash used in investing activities</link:label>
    <link:label id="lab_us-gaap_NetCashProvidedByUsedInInvestingActivities_97A5B095912468C0192413C1A89E5252_label_en-US" xlink:label="lab_us-gaap_NetCashProvidedByUsedInInvestingActivities_97A5B095912468C0192413C1A89E5252" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Net Cash Provided by (Used in) Investing Activities</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2019/elts/us-gaap-2019-01-31.xsd#us-gaap_NetCashProvidedByUsedInInvestingActivities" xlink:label="loc_us-gaap_NetCashProvidedByUsedInInvestingActivities_97A5B095912468C0192413C1A89E5252" xlink:type="locator" />
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    <link:label id="lab_frt_DividendsPaidToCommonAndPreferredShareholders_334DF027CCB83C68D78313C1A89F2626_negatedLabel_en-US" xlink:label="lab_frt_DividendsPaidToCommonAndPreferredShareholders_334DF027CCB83C68D78313C1A89F2626" xlink:role="http://www.xbrl.org/2009/role/negatedLabel" xlink:type="resource" xml:lang="en-US">Dividends paid to common and preferred shareholders</link:label>
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    <link:label id="lab_frt_DividendsPaidToCommonAndPreferredShareholders_334DF027CCB83C68D78313C1A89F2626_documentation_en-US" xlink:label="lab_frt_DividendsPaidToCommonAndPreferredShareholders_334DF027CCB83C68D78313C1A89F2626" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">The cash outflow from distribution of an entity's earnings to common and preferred stockholders.</link:label>
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    <link:label id="lab_us-gaap_NetCashProvidedByUsedInFinancingActivities_C338236E3474DDA88CA713C1A89F94D7_totalLabel_en-US" xlink:label="lab_us-gaap_NetCashProvidedByUsedInFinancingActivities_C338236E3474DDA88CA713C1A89F94D7" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:type="resource" xml:lang="en-US">Net cash used in financing activities</link:label>
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    <link:label id="lab_us-gaap_PreferredStockParOrStatedValuePerShare_57EE6A37EE6AAED08C242A8AE3049F00_label_en-US" xlink:label="lab_us-gaap_PreferredStockParOrStatedValuePerShare_5289159678EE5C9F994CEB2CA9D063DF" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Preferred Stock, Par or Stated Value Per Share</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2019/elts/us-gaap-2019-01-31.xsd#us-gaap_PreferredStockParOrStatedValuePerShare" xlink:label="loc_us-gaap_PreferredStockParOrStatedValuePerShare_5289159678EE5C9F994CEB2CA9D063DF" xlink:type="locator" />
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    <link:label id="lab_us-gaap_PreferredStockLiquidationPreference_257B959F90188DAB4AED2A8AE3053673_label_en-US" xlink:label="lab_us-gaap_PreferredStockLiquidationPreference_7DA0B235B2045FE2A12A2F28E29A715C" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Preferred Stock, Liquidation Preference Per Share</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2019/elts/us-gaap-2019-01-31.xsd#us-gaap_PreferredStockLiquidationPreference" xlink:label="loc_us-gaap_PreferredStockLiquidationPreference_7DA0B235B2045FE2A12A2F28E29A715C" xlink:type="locator" />
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    <link:label id="lab_us-gaap_PreferredStockSharesIssued_0163E83033B9D4B304A22A8AE30525BB_terseLabel_en-US" xlink:label="lab_us-gaap_PreferredStockSharesIssued_ABAA3CD48F225364BE756B6F45EDC606" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Preferred shares, shares issued</link:label>
    <link:label id="lab_us-gaap_PreferredStockSharesIssued_0163E83033B9D4B304A22A8AE30525BB_label_en-US" xlink:label="lab_us-gaap_PreferredStockSharesIssued_ABAA3CD48F225364BE756B6F45EDC606" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Preferred Stock, Shares Issued</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2019/elts/us-gaap-2019-01-31.xsd#us-gaap_PreferredStockSharesIssued" xlink:label="loc_us-gaap_PreferredStockSharesIssued_ABAA3CD48F225364BE756B6F45EDC606" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_PreferredStockSharesIssued_ABAA3CD48F225364BE756B6F45EDC606" xlink:to="lab_us-gaap_PreferredStockSharesIssued_ABAA3CD48F225364BE756B6F45EDC606" xlink:type="arc" />
    <link:label id="lab_us-gaap_PreferredStockSharesOutstanding_0697F76B4BF97DF688952A8AE3063823_terseLabel_en-US" xlink:label="lab_us-gaap_PreferredStockSharesOutstanding_C1C7F74453925AF395C527312D4509E9" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Preferred shares, shares outstanding</link:label>
    <link:label id="lab_us-gaap_PreferredStockSharesOutstanding_0697F76B4BF97DF688952A8AE3063823_label_en-US" xlink:label="lab_us-gaap_PreferredStockSharesOutstanding_C1C7F74453925AF395C527312D4509E9" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Preferred Stock, Shares Outstanding</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2019/elts/us-gaap-2019-01-31.xsd#us-gaap_PreferredStockSharesOutstanding" xlink:label="loc_us-gaap_PreferredStockSharesOutstanding_C1C7F74453925AF395C527312D4509E9" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_PreferredStockSharesOutstanding_C1C7F74453925AF395C527312D4509E9" xlink:to="lab_us-gaap_PreferredStockSharesOutstanding_C1C7F74453925AF395C527312D4509E9" xlink:type="arc" />
    <link:label id="lab_us-gaap_CommonStockParOrStatedValuePerShare_85723F1645E067FBB62E2A8AE3068146_terseLabel_en-US" xlink:label="lab_us-gaap_CommonStockParOrStatedValuePerShare_02F3D5B5D8B852A3A3199189F9E415C9" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Common shares of beneficial interest, par value</link:label>
    <link:label id="lab_us-gaap_CommonStockParOrStatedValuePerShare_85723F1645E067FBB62E2A8AE3068146_label_en-US" xlink:label="lab_us-gaap_CommonStockParOrStatedValuePerShare_02F3D5B5D8B852A3A3199189F9E415C9" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Common Stock, Par or Stated Value Per Share</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2019/elts/us-gaap-2019-01-31.xsd#us-gaap_CommonStockParOrStatedValuePerShare" xlink:label="loc_us-gaap_CommonStockParOrStatedValuePerShare_02F3D5B5D8B852A3A3199189F9E415C9" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_CommonStockParOrStatedValuePerShare_02F3D5B5D8B852A3A3199189F9E415C9" xlink:to="lab_us-gaap_CommonStockParOrStatedValuePerShare_02F3D5B5D8B852A3A3199189F9E415C9" xlink:type="arc" />
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    <link:label id="lab_us-gaap_CommonStockSharesAuthorized_1F53A4D87A6F218991312A8AE306C7E8_label_en-US" xlink:label="lab_us-gaap_CommonStockSharesAuthorized_443D20081053501587EB8BFFD264A6D9" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Common Stock, Shares Authorized</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2019/elts/us-gaap-2019-01-31.xsd#us-gaap_CommonStockSharesAuthorized" xlink:label="loc_us-gaap_CommonStockSharesAuthorized_443D20081053501587EB8BFFD264A6D9" xlink:type="locator" />
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    <link:label id="lab_us-gaap_CommonStockSharesIssued_271D4BD20946A35866DF2A8AE307A868_label_en-US" xlink:label="lab_us-gaap_CommonStockSharesIssued_CDED3D1C018D5220A616A3D5820A4863" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Common Stock, Shares, Issued</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2019/elts/us-gaap-2019-01-31.xsd#us-gaap_CommonStockSharesIssued" xlink:label="loc_us-gaap_CommonStockSharesIssued_CDED3D1C018D5220A616A3D5820A4863" xlink:type="locator" />
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    <link:label id="lab_us-gaap_CommonStockSharesOutstanding_B70AFB4A0C3A5352000D2A8AE3072D47_label_en-US" xlink:label="lab_us-gaap_CommonStockSharesOutstanding_8DB3601D2F365C4EB12B93E10FE9D66A" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Common Stock, Shares, Outstanding</link:label>
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    <link:label id="lab_frt_NetIncomeAvailableForCommonShareholdersBasicAndDiluted_FD1EFFAB5C9FF4AD3C46F4EC30897CAA_terseLabel_en-US" xlink:label="lab_frt_NetIncomeAvailableForCommonShareholdersBasicAndDiluted_FD1EFFAB5C9FF4AD3C46F4EC30897CAA" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Net income available for common shareholders, basic and diluted</link:label>
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    <link:label id="lab_us-gaap_BalanceSheetLocationAxis_5667AFE5A652A2327D9817B469D45DC5_label_en-US" xlink:label="lab_us-gaap_BalanceSheetLocationAxis_5667AFE5A652A2327D9817B469D45DC5" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Balance Sheet Location [Axis]</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2019/elts/us-gaap-2019-01-31.xsd#us-gaap_BalanceSheetLocationAxis" xlink:label="loc_us-gaap_BalanceSheetLocationAxis_5667AFE5A652A2327D9817B469D45DC5" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_BalanceSheetLocationAxis_5667AFE5A652A2327D9817B469D45DC5" xlink:to="lab_us-gaap_BalanceSheetLocationAxis_5667AFE5A652A2327D9817B469D45DC5" xlink:type="arc" />
    <link:label id="lab_us-gaap_BalanceSheetLocationDomain_01A873B6C4DEB9D2ECCD17B469D47E5B_terseLabel_en-US" xlink:label="lab_us-gaap_BalanceSheetLocationDomain_01A873B6C4DEB9D2ECCD17B469D47E5B" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Balance Sheet Location [Domain]</link:label>
    <link:label id="lab_us-gaap_BalanceSheetLocationDomain_01A873B6C4DEB9D2ECCD17B469D47E5B_label_en-US" xlink:label="lab_us-gaap_BalanceSheetLocationDomain_01A873B6C4DEB9D2ECCD17B469D47E5B" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Balance Sheet Location [Domain]</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2019/elts/us-gaap-2019-01-31.xsd#us-gaap_BalanceSheetLocationDomain" xlink:label="loc_us-gaap_BalanceSheetLocationDomain_01A873B6C4DEB9D2ECCD17B469D47E5B" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_BalanceSheetLocationDomain_01A873B6C4DEB9D2ECCD17B469D47E5B" xlink:to="lab_us-gaap_BalanceSheetLocationDomain_01A873B6C4DEB9D2ECCD17B469D47E5B" xlink:type="arc" />
    <link:label id="lab_us-gaap_OtherAssetsMember_55077AC6BDF7ABFE2A1117B469D4C188_terseLabel_en-US" xlink:label="lab_us-gaap_OtherAssetsMember_55077AC6BDF7ABFE2A1117B469D4C188" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Other Assets</link:label>
    <link:label id="lab_us-gaap_OtherAssetsMember_55077AC6BDF7ABFE2A1117B469D4C188_label_en-US" xlink:label="lab_us-gaap_OtherAssetsMember_55077AC6BDF7ABFE2A1117B469D4C188" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Other Assets [Member]</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2019/elts/us-gaap-2019-01-31.xsd#us-gaap_OtherAssetsMember" xlink:label="loc_us-gaap_OtherAssetsMember_55077AC6BDF7ABFE2A1117B469D4C188" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_OtherAssetsMember_55077AC6BDF7ABFE2A1117B469D4C188" xlink:to="lab_us-gaap_OtherAssetsMember_55077AC6BDF7ABFE2A1117B469D4C188" xlink:type="arc" />
    <link:label id="lab_us-gaap_OtherLiabilitiesMember_91CF5375E715FF1779F017B469D5E7A9_terseLabel_en-US" xlink:label="lab_us-gaap_OtherLiabilitiesMember_91CF5375E715FF1779F017B469D5E7A9" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Other Liabilities</link:label>
    <link:label id="lab_us-gaap_OtherLiabilitiesMember_91CF5375E715FF1779F017B469D5E7A9_label_en-US" xlink:label="lab_us-gaap_OtherLiabilitiesMember_91CF5375E715FF1779F017B469D5E7A9" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Other Liabilities [Member]</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2019/elts/us-gaap-2019-01-31.xsd#us-gaap_OtherLiabilitiesMember" xlink:label="loc_us-gaap_OtherLiabilitiesMember_91CF5375E715FF1779F017B469D5E7A9" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_OtherLiabilitiesMember_91CF5375E715FF1779F017B469D5E7A9" xlink:to="lab_us-gaap_OtherLiabilitiesMember_91CF5375E715FF1779F017B469D5E7A9" xlink:type="arc" />
    <link:label id="lab_frt_FairfaxJunctionMember_0D7D5B26AEE20109CE7317B469DB0252_terseLabel_en-US" xlink:label="lab_frt_FairfaxJunctionMember_0D7D5B26AEE20109CE7317B469DB0252" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Fairfax Junction</link:label>
    <link:label id="lab_frt_FairfaxJunctionMember_0D7D5B26AEE20109CE7317B469DB0252_label_en-US" xlink:label="lab_frt_FairfaxJunctionMember_0D7D5B26AEE20109CE7317B469DB0252" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Fairfax Junction [Member]</link:label>
    <link:label id="lab_frt_FairfaxJunctionMember_0D7D5B26AEE20109CE7317B469DB0252_documentation_en-US" xlink:label="lab_frt_FairfaxJunctionMember_0D7D5B26AEE20109CE7317B469DB0252" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Fairfax Junction</link:label>
    <link:loc xlink:href="frt-20190930.xsd#frt_FairfaxJunctionMember" xlink:label="loc_frt_FairfaxJunctionMember_0D7D5B26AEE20109CE7317B469DB0252" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_frt_FairfaxJunctionMember_0D7D5B26AEE20109CE7317B469DB0252" xlink:to="lab_frt_FairfaxJunctionMember_0D7D5B26AEE20109CE7317B469DB0252" xlink:type="arc" />
    <link:label id="lab_frt_SanAntonioCenterMember_2C32EB5DA47B084894C417B469DB5C26_terseLabel_en-US" xlink:label="lab_frt_SanAntonioCenterMember_2C32EB5DA47B084894C417B469DB5C26" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">San Antonio Center</link:label>
    <link:label id="lab_frt_SanAntonioCenterMember_2C32EB5DA47B084894C417B469DB5C26_label_en-US" xlink:label="lab_frt_SanAntonioCenterMember_2C32EB5DA47B084894C417B469DB5C26" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">San Antonio Center [Member]</link:label>
    <link:label id="lab_frt_SanAntonioCenterMember_2C32EB5DA47B084894C417B469DB5C26_documentation_en-US" xlink:label="lab_frt_SanAntonioCenterMember_2C32EB5DA47B084894C417B469DB5C26" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">San Antonio Center [Member]</link:label>
    <link:loc xlink:href="frt-20190930.xsd#frt_SanAntonioCenterMember" xlink:label="loc_frt_SanAntonioCenterMember_2C32EB5DA47B084894C417B469DB5C26" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_frt_SanAntonioCenterMember_2C32EB5DA47B084894C417B469DB5C26" xlink:to="lab_frt_SanAntonioCenterMember_2C32EB5DA47B084894C417B469DB5C26" xlink:type="arc" />
    <link:label id="lab_frt_Hoboken21014thStreetMember_3EC88E586D467DD10AEC17B469DB0172_terseLabel_en-US" xlink:label="lab_frt_Hoboken21014thStreetMember_3EC88E586D467DD10AEC17B469DB0172" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">A retail building in Hoboken, New Jersey</link:label>
    <link:label id="lab_frt_Hoboken21014thStreetMember_3EC88E586D467DD10AEC17B469DB0172_label_en-US" xlink:label="lab_frt_Hoboken21014thStreetMember_3EC88E586D467DD10AEC17B469DB0172" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Hoboken 210 14th Street [Member]</link:label>
    <link:label id="lab_frt_Hoboken21014thStreetMember_3EC88E586D467DD10AEC17B469DB0172_documentation_en-US" xlink:label="lab_frt_Hoboken21014thStreetMember_3EC88E586D467DD10AEC17B469DB0172" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Hoboken 210 14th Street [Member]</link:label>
    <link:loc xlink:href="frt-20190930.xsd#frt_Hoboken21014thStreetMember" xlink:label="loc_frt_Hoboken21014thStreetMember_3EC88E586D467DD10AEC17B469DB0172" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_frt_Hoboken21014thStreetMember_3EC88E586D467DD10AEC17B469DB0172" xlink:to="lab_frt_Hoboken21014thStreetMember_3EC88E586D467DD10AEC17B469DB0172" xlink:type="arc" />
    <link:label id="lab_frt_OnePropertyMember_A8044E58BDA31B69F17E17B469DCCA3E_terseLabel_en-US" xlink:label="lab_frt_OnePropertyMember_A8044E58BDA31B69F17E17B469DCCA3E" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">One property</link:label>
    <link:label id="lab_frt_OnePropertyMember_A8044E58BDA31B69F17E17B469DCCA3E_label_en-US" xlink:label="lab_frt_OnePropertyMember_A8044E58BDA31B69F17E17B469DCCA3E" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">One Property [Member]</link:label>
    <link:label id="lab_frt_OnePropertyMember_A8044E58BDA31B69F17E17B469DCCA3E_documentation_en-US" xlink:label="lab_frt_OnePropertyMember_A8044E58BDA31B69F17E17B469DCCA3E" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">One Property [Member]</link:label>
    <link:loc xlink:href="frt-20190930.xsd#frt_OnePropertyMember" xlink:label="loc_frt_OnePropertyMember_A8044E58BDA31B69F17E17B469DCCA3E" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_frt_OnePropertyMember_A8044E58BDA31B69F17E17B469DCCA3E" xlink:to="lab_frt_OnePropertyMember_A8044E58BDA31B69F17E17B469DCCA3E" xlink:type="arc" />
    <link:label id="lab_frt_TwoPropertiesMember_D33C49A9073E3D39082717B469DCC8D5_terseLabel_en-US" xlink:label="lab_frt_TwoPropertiesMember_D33C49A9073E3D39082717B469DCC8D5" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Two properties and one parcel of land</link:label>
    <link:label id="lab_frt_TwoPropertiesMember_D33C49A9073E3D39082717B469DCC8D5_label_en-US" xlink:label="lab_frt_TwoPropertiesMember_D33C49A9073E3D39082717B469DCC8D5" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Two Properties [Member]</link:label>
    <link:label id="lab_frt_TwoPropertiesMember_D33C49A9073E3D39082717B469DCC8D5_documentation_en-US" xlink:label="lab_frt_TwoPropertiesMember_D33C49A9073E3D39082717B469DCC8D5" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Two Properties [Member]</link:label>
    <link:loc xlink:href="frt-20190930.xsd#frt_TwoPropertiesMember" xlink:label="loc_frt_TwoPropertiesMember_D33C49A9073E3D39082717B469DCC8D5" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_frt_TwoPropertiesMember_D33C49A9073E3D39082717B469DCC8D5" xlink:to="lab_frt_TwoPropertiesMember_D33C49A9073E3D39082717B469DCC8D5" xlink:type="arc" />
    <link:label id="lab_frt_AssemblyRowandPikeRoseMember_E669D6B4C548F02A3F2317B469DD4BD8_terseLabel_en-US" xlink:label="lab_frt_AssemblyRowandPikeRoseMember_E669D6B4C548F02A3F2317B469DD4BD8" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Assembly Row and Pike &amp; Rose</link:label>
    <link:label id="lab_frt_AssemblyRowandPikeRoseMember_E669D6B4C548F02A3F2317B469DD4BD8_label_en-US" xlink:label="lab_frt_AssemblyRowandPikeRoseMember_E669D6B4C548F02A3F2317B469DD4BD8" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Assembly Row and Pike &amp; Rose [Member]</link:label>
    <link:label id="lab_frt_AssemblyRowandPikeRoseMember_E669D6B4C548F02A3F2317B469DD4BD8_documentation_en-US" xlink:label="lab_frt_AssemblyRowandPikeRoseMember_E669D6B4C548F02A3F2317B469DD4BD8" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Assembly Row and Pike &amp; Rose [Member]</link:label>
    <link:loc xlink:href="frt-20190930.xsd#frt_AssemblyRowandPikeRoseMember" xlink:label="loc_frt_AssemblyRowandPikeRoseMember_E669D6B4C548F02A3F2317B469DD4BD8" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_frt_AssemblyRowandPikeRoseMember_E669D6B4C548F02A3F2317B469DD4BD8" xlink:to="lab_frt_AssemblyRowandPikeRoseMember_E669D6B4C548F02A3F2317B469DD4BD8" xlink:type="arc" />
    <link:label id="lab_us-gaap_BusinessAcquisitionLineItems_2FFC4105EAA8EA17BF8617B469DD4A43_terseLabel_en-US" xlink:label="lab_us-gaap_BusinessAcquisitionLineItems_2FFC4105EAA8EA17BF8617B469DD4A43" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Significant Acquisition and Dispositions</link:label>
    <link:label id="lab_us-gaap_BusinessAcquisitionLineItems_2FFC4105EAA8EA17BF8617B469DD4A43_label_en-US" xlink:label="lab_us-gaap_BusinessAcquisitionLineItems_2FFC4105EAA8EA17BF8617B469DD4A43" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Business Acquisition [Line Items]</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2019/elts/us-gaap-2019-01-31.xsd#us-gaap_BusinessAcquisitionLineItems" xlink:label="loc_us-gaap_BusinessAcquisitionLineItems_2FFC4105EAA8EA17BF8617B469DD4A43" xlink:type="locator" />
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    <link:label id="lab_us-gaap_AreaOfRealEstateProperty_FD094042CB6FFBB1F10317B469DDCB7D_terseLabel_en-US" xlink:label="lab_us-gaap_AreaOfRealEstateProperty_FD094042CB6FFBB1F10317B469DDCB7D" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Square footage of real estate property</link:label>
    <link:label id="lab_us-gaap_AreaOfRealEstateProperty_FD094042CB6FFBB1F10317B469DDCB7D_label_en-US" xlink:label="lab_us-gaap_AreaOfRealEstateProperty_FD094042CB6FFBB1F10317B469DDCB7D" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Area of Real Estate Property</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2019/elts/us-gaap-2019-01-31.xsd#us-gaap_AreaOfRealEstateProperty" xlink:label="loc_us-gaap_AreaOfRealEstateProperty_FD094042CB6FFBB1F10317B469DDCB7D" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_AreaOfRealEstateProperty_FD094042CB6FFBB1F10317B469DDCB7D" xlink:to="lab_us-gaap_AreaOfRealEstateProperty_FD094042CB6FFBB1F10317B469DDCB7D" xlink:type="arc" />
    <link:label id="lab_frt_Purchasepriceofrealestateacquisition_2ACDC379E30F9ACE1E7C17B469DDE54A_terseLabel_en-US" xlink:label="lab_frt_Purchasepriceofrealestateacquisition_2ACDC379E30F9ACE1E7C17B469DDE54A" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Purchase price of real estate acquisition</link:label>
    <link:label id="lab_frt_Purchasepriceofrealestateacquisition_2ACDC379E30F9ACE1E7C17B469DDE54A_label_en-US" xlink:label="lab_frt_Purchasepriceofrealestateacquisition_2ACDC379E30F9ACE1E7C17B469DDE54A" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Purchase price of real estate acquisition</link:label>
    <link:label id="lab_frt_Purchasepriceofrealestateacquisition_2ACDC379E30F9ACE1E7C17B469DDE54A_documentation_en-US" xlink:label="lab_frt_Purchasepriceofrealestateacquisition_2ACDC379E30F9ACE1E7C17B469DDE54A" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Purchase price of real estate acquisition</link:label>
    <link:loc xlink:href="frt-20190930.xsd#frt_Purchasepriceofrealestateacquisition" xlink:label="loc_frt_Purchasepriceofrealestateacquisition_2ACDC379E30F9ACE1E7C17B469DDE54A" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_frt_Purchasepriceofrealestateacquisition_2ACDC379E30F9ACE1E7C17B469DDE54A" xlink:to="lab_frt_Purchasepriceofrealestateacquisition_2ACDC379E30F9ACE1E7C17B469DDE54A" xlink:type="arc" />
    <link:label id="lab_us-gaap_NoncashOrPartNoncashAcquisitionDebtAssumed1_36C486273C34AC9CF71E17B469DE711F_verboseLabel_en-US" xlink:label="lab_us-gaap_NoncashOrPartNoncashAcquisitionDebtAssumed1_36C486273C34AC9CF71E17B469DE711F" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:type="resource" xml:lang="en-US">Mortgage loan assumed with acquisition</link:label>
    <link:label id="lab_us-gaap_NoncashOrPartNoncashAcquisitionDebtAssumed1_36C486273C34AC9CF71E17B469DE711F_label_en-US" xlink:label="lab_us-gaap_NoncashOrPartNoncashAcquisitionDebtAssumed1_36C486273C34AC9CF71E17B469DE711F" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Noncash or Part Noncash Acquisition, Debt Assumed</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2019/elts/us-gaap-2019-01-31.xsd#us-gaap_NoncashOrPartNoncashAcquisitionDebtAssumed1" xlink:label="loc_us-gaap_NoncashOrPartNoncashAcquisitionDebtAssumed1_36C486273C34AC9CF71E17B469DE711F" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_NoncashOrPartNoncashAcquisitionDebtAssumed1_36C486273C34AC9CF71E17B469DE711F" xlink:to="lab_us-gaap_NoncashOrPartNoncashAcquisitionDebtAssumed1_36C486273C34AC9CF71E17B469DE711F" xlink:type="arc" />
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    <link:label id="lab_us-gaap_DebtInstrumentLineItems_503B4BEA01EA744B224613C1D86D1138_label_en-US" xlink:label="lab_us-gaap_DebtInstrumentLineItems_503B4BEA01EA744B224613C1D86D1138" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Debt Instrument [Line Items]</link:label>
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    <link:label id="lab_us-gaap_DebtSecuritiesHeldToMaturityMaturityAfter10YearsWeightedAverageYield_C60418B871696D99CDF213C1D86E65DE_terseLabel_en-US" xlink:label="lab_us-gaap_DebtSecuritiesHeldToMaturityMaturityAfter10YearsWeightedAverageYield_C60418B871696D99CDF213C1D86E65DE" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Debt yield to maturity rate</link:label>
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    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2019/elts/us-gaap-2019-01-31.xsd#us-gaap_DividendsPreferredStockCash" xlink:label="loc_us-gaap_DividendsPreferredStockCash_8FC06F2BE15E336F6E5513E4D4547ADC" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_DividendsPreferredStockCash_8FC06F2BE15E336F6E5513E4D4547ADC" xlink:to="lab_us-gaap_DividendsPreferredStockCash_8FC06F2BE15E336F6E5513E4D4547ADC" xlink:type="arc" />
    <link:label id="lab_us-gaap_MinorityInterestDecreaseFromDistributionsToNoncontrollingInterestHolders_8ACC80E72A93F9C0240213E4D4544A89_negatedLabel_en-US" xlink:label="lab_us-gaap_MinorityInterestDecreaseFromDistributionsToNoncontrollingInterestHolders_8ACC80E72A93F9C0240213E4D4544A89" xlink:role="http://www.xbrl.org/2009/role/negatedLabel" xlink:type="resource" xml:lang="en-US">Distributions declared to noncontrolling interests</link:label>
    <link:label id="lab_us-gaap_MinorityInterestDecreaseFromDistributionsToNoncontrollingInterestHolders_8ACC80E72A93F9C0240213E4D4544A89_label_en-US" xlink:label="lab_us-gaap_MinorityInterestDecreaseFromDistributionsToNoncontrollingInterestHolders_8ACC80E72A93F9C0240213E4D4544A89" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Noncontrolling Interest, Decrease from Distributions to Noncontrolling Interest Holders</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2019/elts/us-gaap-2019-01-31.xsd#us-gaap_MinorityInterestDecreaseFromDistributionsToNoncontrollingInterestHolders" xlink:label="loc_us-gaap_MinorityInterestDecreaseFromDistributionsToNoncontrollingInterestHolders_8ACC80E72A93F9C0240213E4D4544A89" xlink:type="locator" />
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    <link:label id="lab_us-gaap_StockIssuedDuringPeriodValueNewIssues_FE2C35AA1BEAC6E4346C13E4D454F157_terseLabel_en-US" xlink:label="lab_us-gaap_StockIssuedDuringPeriodValueNewIssues_FE2C35AA1BEAC6E4346C13E4D454F157" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Shares issued</link:label>
    <link:label id="lab_us-gaap_StockIssuedDuringPeriodValueNewIssues_FE2C35AA1BEAC6E4346C13E4D454F157_label_en-US" xlink:label="lab_us-gaap_StockIssuedDuringPeriodValueNewIssues_FE2C35AA1BEAC6E4346C13E4D454F157" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Stock Issued During Period, Value, New Issues</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2019/elts/us-gaap-2019-01-31.xsd#us-gaap_StockIssuedDuringPeriodValueNewIssues" xlink:label="loc_us-gaap_StockIssuedDuringPeriodValueNewIssues_FE2C35AA1BEAC6E4346C13E4D454F157" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_StockIssuedDuringPeriodValueNewIssues_FE2C35AA1BEAC6E4346C13E4D454F157" xlink:to="lab_us-gaap_StockIssuedDuringPeriodValueNewIssues_FE2C35AA1BEAC6E4346C13E4D454F157" xlink:type="arc" />
    <link:label id="lab_us-gaap_StockIssuedDuringPeriodSharesStockOptionsExercised_2F5A635292EA690BBC7013E4D455C46B_terseLabel_en-US" xlink:label="lab_us-gaap_StockIssuedDuringPeriodSharesStockOptionsExercised_2F5A635292EA690BBC7013E4D455C46B" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Exercise of stock options (in shares)</link:label>
    <link:label id="lab_us-gaap_StockIssuedDuringPeriodSharesStockOptionsExercised_2F5A635292EA690BBC7013E4D455C46B_label_en-US" xlink:label="lab_us-gaap_StockIssuedDuringPeriodSharesStockOptionsExercised_2F5A635292EA690BBC7013E4D455C46B" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Share-based Compensation Arrangement by Share-based Payment Award, Options, Exercises in Period</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2019/elts/us-gaap-2019-01-31.xsd#us-gaap_StockIssuedDuringPeriodSharesStockOptionsExercised" xlink:label="loc_us-gaap_StockIssuedDuringPeriodSharesStockOptionsExercised_2F5A635292EA690BBC7013E4D455C46B" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_StockIssuedDuringPeriodSharesStockOptionsExercised_2F5A635292EA690BBC7013E4D455C46B" xlink:to="lab_us-gaap_StockIssuedDuringPeriodSharesStockOptionsExercised_2F5A635292EA690BBC7013E4D455C46B" xlink:type="arc" />
    <link:label id="lab_us-gaap_StockIssuedDuringPeriodValueStockOptionsExercised_BD0C07102205D347E73D13E4D4554A68_terseLabel_en-US" xlink:label="lab_us-gaap_StockIssuedDuringPeriodValueStockOptionsExercised_BD0C07102205D347E73D13E4D4554A68" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Exercise of stock options</link:label>
    <link:label id="lab_us-gaap_StockIssuedDuringPeriodValueStockOptionsExercised_BD0C07102205D347E73D13E4D4554A68_label_en-US" xlink:label="lab_us-gaap_StockIssuedDuringPeriodValueStockOptionsExercised_BD0C07102205D347E73D13E4D4554A68" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Stock Issued During Period, Value, Stock Options Exercised</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2019/elts/us-gaap-2019-01-31.xsd#us-gaap_StockIssuedDuringPeriodValueStockOptionsExercised" xlink:label="loc_us-gaap_StockIssuedDuringPeriodValueStockOptionsExercised_BD0C07102205D347E73D13E4D4554A68" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_StockIssuedDuringPeriodValueStockOptionsExercised_BD0C07102205D347E73D13E4D4554A68" xlink:to="lab_us-gaap_StockIssuedDuringPeriodValueStockOptionsExercised_BD0C07102205D347E73D13E4D4554A68" xlink:type="arc" />
    <link:label id="lab_us-gaap_StockIssuedDuringPeriodSharesDividendReinvestmentPlan_A992B62C76F88A52E5D713E4D4557ED6_terseLabel_en-US" xlink:label="lab_us-gaap_StockIssuedDuringPeriodSharesDividendReinvestmentPlan_A992B62C76F88A52E5D713E4D4557ED6" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Shares issued under dividend reinvestment plan (in shares)</link:label>
    <link:label id="lab_us-gaap_StockIssuedDuringPeriodSharesDividendReinvestmentPlan_A992B62C76F88A52E5D713E4D4557ED6_label_en-US" xlink:label="lab_us-gaap_StockIssuedDuringPeriodSharesDividendReinvestmentPlan_A992B62C76F88A52E5D713E4D4557ED6" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Stock Issued During Period, Shares, Dividend Reinvestment Plan</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2019/elts/us-gaap-2019-01-31.xsd#us-gaap_StockIssuedDuringPeriodSharesDividendReinvestmentPlan" xlink:label="loc_us-gaap_StockIssuedDuringPeriodSharesDividendReinvestmentPlan_A992B62C76F88A52E5D713E4D4557ED6" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_StockIssuedDuringPeriodSharesDividendReinvestmentPlan_A992B62C76F88A52E5D713E4D4557ED6" xlink:to="lab_us-gaap_StockIssuedDuringPeriodSharesDividendReinvestmentPlan_A992B62C76F88A52E5D713E4D4557ED6" xlink:type="arc" />
    <link:label id="lab_us-gaap_StockIssuedDuringPeriodValueDividendReinvestmentPlan_C64364B6FE12BF0D1F6013E4D455D647_terseLabel_en-US" xlink:label="lab_us-gaap_StockIssuedDuringPeriodValueDividendReinvestmentPlan_C64364B6FE12BF0D1F6013E4D455D647" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Shares issued under dividend reinvestment plan</link:label>
    <link:label id="lab_us-gaap_StockIssuedDuringPeriodValueDividendReinvestmentPlan_C64364B6FE12BF0D1F6013E4D455D647_label_en-US" xlink:label="lab_us-gaap_StockIssuedDuringPeriodValueDividendReinvestmentPlan_C64364B6FE12BF0D1F6013E4D455D647" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Stock Issued During Period, Value, Dividend Reinvestment Plan</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2019/elts/us-gaap-2019-01-31.xsd#us-gaap_StockIssuedDuringPeriodValueDividendReinvestmentPlan" xlink:label="loc_us-gaap_StockIssuedDuringPeriodValueDividendReinvestmentPlan_C64364B6FE12BF0D1F6013E4D455D647" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_StockIssuedDuringPeriodValueDividendReinvestmentPlan_C64364B6FE12BF0D1F6013E4D455D647" xlink:to="lab_us-gaap_StockIssuedDuringPeriodValueDividendReinvestmentPlan_C64364B6FE12BF0D1F6013E4D455D647" xlink:type="arc" />
    <link:label id="lab_frt_ShareBasedCompensationExpenseNetShares_C55D78E05328EFD9A1DF13E4D455A3DB_terseLabel_en-US" xlink:label="lab_frt_ShareBasedCompensationExpenseNetShares_C55D78E05328EFD9A1DF13E4D455A3DB" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Share-based compensation expense, net of forfeitures (in shares)</link:label>
    <link:label id="lab_frt_ShareBasedCompensationExpenseNetShares_C55D78E05328EFD9A1DF13E4D455A3DB_label_en-US" xlink:label="lab_frt_ShareBasedCompensationExpenseNetShares_C55D78E05328EFD9A1DF13E4D455A3DB" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Share Based Compensation Expense Net Shares</link:label>
    <link:label id="lab_frt_ShareBasedCompensationExpenseNetShares_C55D78E05328EFD9A1DF13E4D455A3DB_documentation_en-US" xlink:label="lab_frt_ShareBasedCompensationExpenseNetShares_C55D78E05328EFD9A1DF13E4D455A3DB" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Number of shares issued during the period as a result of our long term incentive, bonus or other share based compensation plans, net of restricted share award forfeitures.</link:label>
    <link:loc xlink:href="frt-20190930.xsd#frt_ShareBasedCompensationExpenseNetShares" xlink:label="loc_frt_ShareBasedCompensationExpenseNetShares_C55D78E05328EFD9A1DF13E4D455A3DB" xlink:type="locator" />
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    <link:label id="lab_frt_ShareBasedCompensationExpenseNetValue_4581512CA79C8C6EA37813E4D455A025_verboseLabel_en-US" xlink:label="lab_frt_ShareBasedCompensationExpenseNetValue_4581512CA79C8C6EA37813E4D455A025" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:type="resource" xml:lang="en-US">Share-based compensation expense, net of forfeitures</link:label>
    <link:label id="lab_frt_ShareBasedCompensationExpenseNetValue_4581512CA79C8C6EA37813E4D455A025_label_en-US" xlink:label="lab_frt_ShareBasedCompensationExpenseNetValue_4581512CA79C8C6EA37813E4D455A025" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Share Based Compensation Expense Net Value</link:label>
    <link:label id="lab_frt_ShareBasedCompensationExpenseNetValue_4581512CA79C8C6EA37813E4D455A025_documentation_en-US" xlink:label="lab_frt_ShareBasedCompensationExpenseNetValue_4581512CA79C8C6EA37813E4D455A025" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">This element represents the amount of recognized equity-based compensation related to other long-term incentive and bonus plans during the period, that is, the amount recognized as expense in the income statement (or as asset if compensation is capitalized).</link:label>
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    <link:label id="lab_us-gaap_SharesPaidForTaxWithholdingForShareBasedCompensation_78933E6C52D87DB6D5CA13E4D4564009_negatedTerseLabel_en-US" xlink:label="lab_us-gaap_SharesPaidForTaxWithholdingForShareBasedCompensation_78933E6C52D87DB6D5CA13E4D4564009" xlink:role="http://www.xbrl.org/2009/role/negatedTerseLabel" xlink:type="resource" xml:lang="en-US">Shares withheld for employee taxes (in shares)</link:label>
    <link:label id="lab_us-gaap_SharesPaidForTaxWithholdingForShareBasedCompensation_78933E6C52D87DB6D5CA13E4D4564009_label_en-US" xlink:label="lab_us-gaap_SharesPaidForTaxWithholdingForShareBasedCompensation_78933E6C52D87DB6D5CA13E4D4564009" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Share-based Payment Arrangement, Shares Withheld for Tax Withholding Obligation</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2019/elts/us-gaap-2019-01-31.xsd#us-gaap_SharesPaidForTaxWithholdingForShareBasedCompensation" xlink:label="loc_us-gaap_SharesPaidForTaxWithholdingForShareBasedCompensation_78933E6C52D87DB6D5CA13E4D4564009" xlink:type="locator" />
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    <link:label id="lab_us-gaap_AdjustmentsRelatedToTaxWithholdingForShareBasedCompensation_AF913D5F60EADCA9D34413E4D45617CA_negatedTerseLabel_en-US" xlink:label="lab_us-gaap_AdjustmentsRelatedToTaxWithholdingForShareBasedCompensation_AF913D5F60EADCA9D34413E4D45617CA" xlink:role="http://www.xbrl.org/2009/role/negatedTerseLabel" xlink:type="resource" xml:lang="en-US">Shares withheld for employee taxes</link:label>
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    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2019/elts/us-gaap-2019-01-31.xsd#us-gaap_AdjustmentsRelatedToTaxWithholdingForShareBasedCompensation" xlink:label="loc_us-gaap_AdjustmentsRelatedToTaxWithholdingForShareBasedCompensation_AF913D5F60EADCA9D34413E4D45617CA" xlink:type="locator" />
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    <link:label id="lab_frt_ConversionAndRedemptionOfOperatingPartnershipUnitsInShares_B9EC91991C8FFC39666B13E4D4561B10_terseLabel_en-US" xlink:label="lab_frt_ConversionAndRedemptionOfOperatingPartnershipUnitsInShares_B9EC91991C8FFC39666B13E4D4561B10" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Conversion and redemption of OP units (in Shares)</link:label>
    <link:label id="lab_frt_ConversionAndRedemptionOfOperatingPartnershipUnitsInShares_B9EC91991C8FFC39666B13E4D4561B10_label_en-US" xlink:label="lab_frt_ConversionAndRedemptionOfOperatingPartnershipUnitsInShares_B9EC91991C8FFC39666B13E4D4561B10" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Conversion and Redemption of Operating Partnership Units in Shares</link:label>
    <link:label id="lab_frt_ConversionAndRedemptionOfOperatingPartnershipUnitsInShares_B9EC91991C8FFC39666B13E4D4561B10_documentation_en-US" xlink:label="lab_frt_ConversionAndRedemptionOfOperatingPartnershipUnitsInShares_B9EC91991C8FFC39666B13E4D4561B10" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Number of shares issued during the period as a result of the conversion and redemption of operating partnership units into shares</link:label>
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    <link:label id="lab_frt_ConversionAndRedemptionOfOperatingPartnershipUnits_2B8BEC0C34BFC94389F913E4D456566E_negatedTerseLabel_en-US" xlink:label="lab_frt_ConversionAndRedemptionOfOperatingPartnershipUnits_2B8BEC0C34BFC94389F913E4D456566E" xlink:role="http://www.xbrl.org/2009/role/negatedTerseLabel" xlink:type="resource" xml:lang="en-US">Conversion and redemption of OP units</link:label>
    <link:label id="lab_frt_ConversionAndRedemptionOfOperatingPartnershipUnits_2B8BEC0C34BFC94389F913E4D456566E_label_en-US" xlink:label="lab_frt_ConversionAndRedemptionOfOperatingPartnershipUnits_2B8BEC0C34BFC94389F913E4D456566E" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Conversion And Redemption Of Operating Partnership Units</link:label>
    <link:label id="lab_frt_ConversionAndRedemptionOfOperatingPartnershipUnits_2B8BEC0C34BFC94389F913E4D456566E_documentation_en-US" xlink:label="lab_frt_ConversionAndRedemptionOfOperatingPartnershipUnits_2B8BEC0C34BFC94389F913E4D456566E" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Increase (Decrease) in noncontrolling interest as a result of redeeming, purchasing and/or converting to common stock the interests of Operating Partnership Units.</link:label>
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