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    <link:label id="lab_frt_AdjustmentDepreciationAndAmortization_7A2B6EAEC563A6DC3F9F99144BBA2C25_documentation_en-US" xlink:label="lab_frt_AdjustmentDepreciationAndAmortization_8788B5A51BC350CBA906DE576D468B95" 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>
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    <link:label id="lab_frt_Gainlossonchangeincontrolofinterestsandsaleofrealestate_C0CCBC06A0B4C80E8B3599144BBAE639_negatedLabel_en-US" xlink:label="lab_frt_Gainlossonchangeincontrolofinterestsandsaleofrealestate_4593E775115A50C9AC4F7F2156A109B5" xlink:role="http://www.xbrl.org/2009/role/negatedLabel" xlink:type="resource" xml:lang="en-US">Gain on sale of real estate and change in control of interests, net</link:label>
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    <link:label id="lab_us-gaap_IncomeLossFromEquityMethodInvestments_5096D540449CC77F39C899144BBA97D2_negatedLabel_en-US" xlink:label="lab_us-gaap_IncomeLossFromEquityMethodInvestments_D276AC2338095B7E8A1E5826CE065E19" xlink:role="http://www.xbrl.org/2009/role/negatedLabel" xlink:type="resource" xml:lang="en-US">Loss (income) from real estate partnerships</link:label>
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    <link:label id="lab_us-gaap_OtherNoncashIncomeExpense_FD68E951C0AD3BA0453699144BBA1C3C_negatedTerseLabel_en-US" xlink:label="lab_us-gaap_OtherNoncashIncomeExpense_D597863BFCFB5F51A7D134FA55E6210D" 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_FD68E951C0AD3BA0453699144BBA1C3C_label_en-US" xlink:label="lab_us-gaap_OtherNoncashIncomeExpense_D597863BFCFB5F51A7D134FA55E6210D" 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_97F63782BB1AE11B3C8599144BBAFA00_label_en-US" xlink:label="lab_us-gaap_IncreaseDecreaseInOperatingCapitalAbstract_312C070EEA4D58B8985255F018CF5500" 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/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_IncreaseDecreaseInOperatingCapitalAbstract" xlink:label="loc_us-gaap_IncreaseDecreaseInOperatingCapitalAbstract_312C070EEA4D58B8985255F018CF5500" xlink:type="locator" />
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    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_IncreaseDecreaseInAccountsAndOtherReceivables" xlink:label="loc_us-gaap_IncreaseDecreaseInAccountsAndOtherReceivables_5C1C225A59B551AF9BE42296E65ED503" xlink:type="locator" />
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    <link:label id="lab_us-gaap_IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets_2C338DA07D467C98C4CB99144BBA26FB_negatedLabel_en-US" xlink:label="lab_us-gaap_IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets_11514822763A5210BEE5F532FA892B56" xlink:role="http://www.xbrl.org/2009/role/negatedLabel" xlink:type="resource" xml:lang="en-US">Decrease (increase) in prepaid expenses and other assets</link:label>
    <link:label id="lab_us-gaap_IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets_2C338DA07D467C98C4CB99144BBA26FB_label_en-US" xlink:label="lab_us-gaap_IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets_11514822763A5210BEE5F532FA892B56" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Increase (Decrease) in Prepaid Expense and Other Assets</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets" xlink:label="loc_us-gaap_IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets_11514822763A5210BEE5F532FA892B56" xlink:type="locator" />
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    <link:label id="lab_us-gaap_IncreaseDecreaseInAccountsPayableAndAccruedLiabilities_663E8D598B19DED641F899144BBAE59A_terseLabel_en-US" xlink:label="lab_us-gaap_IncreaseDecreaseInAccountsPayableAndAccruedLiabilities_2CB9A7ED166A57F582CF6297DD2A4A78" 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>
    <link:label id="lab_us-gaap_IncreaseDecreaseInAccountsPayableAndAccruedLiabilities_663E8D598B19DED641F899144BBAE59A_label_en-US" xlink:label="lab_us-gaap_IncreaseDecreaseInAccountsPayableAndAccruedLiabilities_2CB9A7ED166A57F582CF6297DD2A4A78" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Increase (Decrease) in Accounts Payable and Accrued Liabilities</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_IncreaseDecreaseInAccountsPayableAndAccruedLiabilities" xlink:label="loc_us-gaap_IncreaseDecreaseInAccountsPayableAndAccruedLiabilities_2CB9A7ED166A57F582CF6297DD2A4A78" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_IncreaseDecreaseInAccountsPayableAndAccruedLiabilities_2CB9A7ED166A57F582CF6297DD2A4A78" xlink:to="lab_us-gaap_IncreaseDecreaseInAccountsPayableAndAccruedLiabilities_2CB9A7ED166A57F582CF6297DD2A4A78" xlink:type="arc" />
    <link:label id="lab_frt_IncreaseDecreaseInSecurityDepositsAndOtherLiabilities_D10A4A654AE47F32F60A99144BBA2986_terseLabel_en-US" xlink:label="lab_frt_IncreaseDecreaseInSecurityDepositsAndOtherLiabilities_EBAE8233871B5BC58F5F420033F0C219" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Increase (decrease) in security deposits and other liabilities</link:label>
    <link:label id="lab_frt_IncreaseDecreaseInSecurityDepositsAndOtherLiabilities_D10A4A654AE47F32F60A99144BBA2986_label_en-US" xlink:label="lab_frt_IncreaseDecreaseInSecurityDepositsAndOtherLiabilities_EBAE8233871B5BC58F5F420033F0C219" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Increase Decrease In Security Deposits And Other Liabilities</link:label>
    <link:label id="lab_frt_IncreaseDecreaseInSecurityDepositsAndOtherLiabilities_D10A4A654AE47F32F60A99144BBA2986_documentation_en-US" xlink:label="lab_frt_IncreaseDecreaseInSecurityDepositsAndOtherLiabilities_EBAE8233871B5BC58F5F420033F0C219" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">The net change in Security Deposits And Other Liabilities which includes security deposits, deferred revenue and prepaid rent. Also includes liabilities not individually reported in the financial statements, or not separately disclosed in notes.</link:label>
    <link:loc xlink:href="frt-20170630.xsd#frt_IncreaseDecreaseInSecurityDepositsAndOtherLiabilities" xlink:label="loc_frt_IncreaseDecreaseInSecurityDepositsAndOtherLiabilities_EBAE8233871B5BC58F5F420033F0C219" xlink:type="locator" />
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    <link:label id="lab_us-gaap_NetCashProvidedByUsedInOperatingActivities_36F367F506F438B7BA8D99144BBA307C_totalLabel_en-US" xlink:label="lab_us-gaap_NetCashProvidedByUsedInOperatingActivities_2C84781712F657FBA3FDC330515CF262" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:type="resource" xml:lang="en-US">Net cash provided by operating activities</link:label>
    <link:label id="lab_us-gaap_NetCashProvidedByUsedInOperatingActivities_36F367F506F438B7BA8D99144BBA307C_label_en-US" xlink:label="lab_us-gaap_NetCashProvidedByUsedInOperatingActivities_2C84781712F657FBA3FDC330515CF262" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Net Cash Provided by (Used in) Operating Activities</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_NetCashProvidedByUsedInOperatingActivities" xlink:label="loc_us-gaap_NetCashProvidedByUsedInOperatingActivities_2C84781712F657FBA3FDC330515CF262" xlink:type="locator" />
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    <link:label id="lab_us-gaap_NetCashProvidedByUsedInInvestingActivitiesAbstract_C7A075F8022DF55BBC5599144BBAAF00_terseLabel_en-US" xlink:label="lab_us-gaap_NetCashProvidedByUsedInInvestingActivitiesAbstract_6AC226985A5D526F82F2CD98F3D2D01B" 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_C7A075F8022DF55BBC5599144BBAAF00_label_en-US" xlink:label="lab_us-gaap_NetCashProvidedByUsedInInvestingActivitiesAbstract_6AC226985A5D526F82F2CD98F3D2D01B" 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/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_NetCashProvidedByUsedInInvestingActivitiesAbstract" xlink:label="loc_us-gaap_NetCashProvidedByUsedInInvestingActivitiesAbstract_6AC226985A5D526F82F2CD98F3D2D01B" xlink:type="locator" />
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    <link:label id="lab_us-gaap_PaymentsToAcquireRealEstate_61E6F8057ECA76D6415399144BBA660A_negatedTerseLabel_en-US" xlink:label="lab_us-gaap_PaymentsToAcquireRealEstate_FE0374CC5AD5500783E90D453DF4E1FD" xlink:role="http://www.xbrl.org/2009/role/negatedTerseLabel" xlink:type="resource" xml:lang="en-US">Acquisition of real estate</link:label>
    <link:label id="lab_us-gaap_PaymentsToAcquireRealEstate_61E6F8057ECA76D6415399144BBA660A_label_en-US" xlink:label="lab_us-gaap_PaymentsToAcquireRealEstate_FE0374CC5AD5500783E90D453DF4E1FD" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Payments to Acquire Real Estate</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_PaymentsToAcquireRealEstate" xlink:label="loc_us-gaap_PaymentsToAcquireRealEstate_FE0374CC5AD5500783E90D453DF4E1FD" xlink:type="locator" />
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    <link:label id="lab_frt_CapitalExpendituresDevelopmentRedevelopment_25B6DC1BFF1D3902F2F599144BBA96B4_negatedLabel_en-US" xlink:label="lab_frt_CapitalExpendituresDevelopmentRedevelopment_20E8E7A65C4A5F45BC91A121229D3AA6" 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_us-gaap_AboveMarketLeasesMember_C716BF98A31826E15BA380BA52B1574C_terseLabel_en-US" xlink:label="lab_us-gaap_AboveMarketLeasesMember_6A376C8A5A9E5570A564A28BE09E50C3" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Amortization of above market leases</link:label>
    <link:label id="lab_us-gaap_AboveMarketLeasesMember_C716BF98A31826E15BA380BA52B1574C_label_en-US" xlink:label="lab_us-gaap_AboveMarketLeasesMember_6A376C8A5A9E5570A564A28BE09E50C3" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Above Market Leases [Member]</link:label>
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    <link:label id="lab_frt_BelowMarketLeaseMember_14B9FE94E32FF1B2924A80BA52B11AE8_terseLabel_en-US" xlink:label="lab_frt_BelowMarketLeaseMember_92DC3F0204395667A45EB4CAE6E41F18" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Amortization of below market leases</link:label>
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    <link:label id="lab_us-gaap_RealEstateHeldforsale_D56E0D3C2654C8B635CF80BA53254869_label_en-US" xlink:label="lab_us-gaap_RealEstateHeldforsale_56B3CF768D7C548DB2EF5FC66AC5B0AE" 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_936725B4EC4589DFA33C80BA53254698_label_en-US" xlink:label="lab_us-gaap_RealEstateInvestmentPropertyAtCost_FDDE0B48B17757D6B88ED6B03AA7ABAD" 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:label id="lab_us-gaap_RealEstateInvestmentPropertyAccumulatedDepreciation_DB3C3A64728F56C431CF80BA5326E5E2_label_en-US" xlink:label="lab_us-gaap_RealEstateInvestmentPropertyAccumulatedDepreciation_DDBB9A89AE765372A3004865BC32F721" 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_88578C5DCA0932DC32D680BA5326A134_label_en-US" xlink:label="lab_us-gaap_RealEstateInvestmentPropertyNet_75FFFD76A35F5FD189A53A510AF78C0F" 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_AccountsAndNotesReceivableNet_CF9C0E1D660596B18CCD80BA5326CE05_label_en-US" xlink:label="lab_us-gaap_AccountsAndNotesReceivableNet_E171F11A914F57BEA9D8A9F3DF9962F4" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Accounts and Notes Receivable, Net</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_AccountsAndNotesReceivableNet" xlink:label="loc_us-gaap_AccountsAndNotesReceivableNet_E171F11A914F57BEA9D8A9F3DF9962F4" xlink:type="locator" />
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    <link:label id="lab_us-gaap_MortgageLoansOnRealEstateCommercialAndConsumerNet_90D9D143B8D0E7B3B64680BA5326D875_label_en-US" xlink:label="lab_us-gaap_MortgageLoansOnRealEstateCommercialAndConsumerNet_952221DDD63A5FE38AE648CE34F8E936" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Mortgage Loans on Real Estate, Commercial and Consumer, Net</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_MortgageLoansOnRealEstateCommercialAndConsumerNet" xlink:label="loc_us-gaap_MortgageLoansOnRealEstateCommercialAndConsumerNet_952221DDD63A5FE38AE648CE34F8E936" xlink:type="locator" />
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    <link:label id="lab_us-gaap_InvestmentsInAffiliatesSubsidiariesAssociatesAndJointVentures_A293C9FC73284935F19A80BA53268FC9_label_en-US" xlink:label="lab_us-gaap_InvestmentsInAffiliatesSubsidiariesAssociatesAndJointVentures_A6D869706A4854869188F419FEA4C084" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Investments in and Advance to Affiliates, Subsidiaries, Associates, and Joint Ventures</link:label>
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    <link:label id="lab_us-gaap_PrepaidExpenseAndOtherAssets_69E8C3CD65BFC2BEF4CD80BA53263076_label_en-US" xlink:label="lab_us-gaap_PrepaidExpenseAndOtherAssets_7A0EF3419D485E51A0AF8707FCD01158" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Prepaid Expense and Other Assets</link:label>
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    <link:label id="lab_us-gaap_Assets_3563DB4D4C19110D29C380BA53266C30_label_en-US" xlink:label="lab_us-gaap_Assets_ACA8DCA5648C5C96968F72DEEEAF5668" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Assets</link:label>
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    <link:label id="lab_us-gaap_LiabilitiesAbstract_F7D7EBFA6AB34827277880BA53262AEF_label_en-US" xlink:label="lab_us-gaap_LiabilitiesAbstract_7AF5909F1B4151019FF0FCC5E5F4D75B" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Liabilities [Abstract]</link:label>
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    <link:label id="lab_us-gaap_SecuredDebt_79ECF433FBC0DFA168DB80BA53269106_label_en-US" xlink:label="lab_us-gaap_SecuredDebt_D69B831921D15FE3827C8DE6831FAB64" 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:label id="lab_frt_ShareBasedCompensationExpenseNetValue_13B7D4B3118EB4C35E4999EBA707202E_documentation_en-US" xlink:label="lab_frt_ShareBasedCompensationExpenseNetValue_96353EEC86685D619F1A76CC2E2BB17B" 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_7768132EF8C87BC46AED99EBA7076272_negatedTerseLabel_en-US" xlink:label="lab_us-gaap_SharesPaidForTaxWithholdingForShareBasedCompensation_FDA670E944275DA8B8F19BE23EC5F5AE" 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>
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    <link:label id="lab_us-gaap_AdjustmentsRelatedToTaxWithholdingForShareBasedCompensation_ED8F7BD0BC474CDE8D4B99EBA707300C_negatedTerseLabel_en-US" xlink:label="lab_us-gaap_AdjustmentsRelatedToTaxWithholdingForShareBasedCompensation_F0D80413D7F4515BAA377D238EE06F22" xlink:role="http://www.xbrl.org/2009/role/negatedTerseLabel" xlink:type="resource" xml:lang="en-US">Shares withheld for employee taxes</link:label>
    <link:label id="lab_us-gaap_AdjustmentsRelatedToTaxWithholdingForShareBasedCompensation_ED8F7BD0BC474CDE8D4B99EBA707300C_label_en-US" xlink:label="lab_us-gaap_AdjustmentsRelatedToTaxWithholdingForShareBasedCompensation_F0D80413D7F4515BAA377D238EE06F22" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Adjustments Related to Tax Withholding for Share-based Compensation</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_AdjustmentsRelatedToTaxWithholdingForShareBasedCompensation" xlink:label="loc_us-gaap_AdjustmentsRelatedToTaxWithholdingForShareBasedCompensation_F0D80413D7F4515BAA377D238EE06F22" xlink:type="locator" />
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    <link:label id="lab_frt_ConversionAndRedemptionOfOperatingPartnershipUnitsInShares_6FF20551BA864D81148B99EBA70708BF_terseLabel_en-US" xlink:label="lab_frt_ConversionAndRedemptionOfOperatingPartnershipUnitsInShares_33A1D72E959155048FC205C8BE2E08CB" 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>
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    <link:label id="lab_frt_ConversionAndRedemptionOfOperatingPartnershipUnitsInShares_6FF20551BA864D81148B99EBA70708BF_documentation_en-US" xlink:label="lab_frt_ConversionAndRedemptionOfOperatingPartnershipUnitsInShares_33A1D72E959155048FC205C8BE2E08CB" 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_us-gaap_SharesOutstanding_D209D3A06EE3DE36161D99EBA7079F1C_periodEndLabel_en-US" xlink:label="lab_us-gaap_SharesOutstanding_1607F0D4A66C591993C3602AA224105E" xlink:role="http://www.xbrl.org/2003/role/periodEndLabel" xlink:type="resource" xml:lang="en-US">Ending balance (in shares)</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_SharesOutstanding" xlink:label="loc_us-gaap_SharesOutstanding_1607F0D4A66C591993C3602AA224105E" xlink:type="locator" />
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    <link:label id="lab_us-gaap_StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest_1EB755ACF7E86F665C2D99EBA707D5A4_periodEndLabel_en-US" xlink:label="lab_us-gaap_StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest_7A2B2F86B05E5ACEBD3C9D3BD5191CB8" xlink:role="http://www.xbrl.org/2003/role/periodEndLabel" xlink:type="resource" xml:lang="en-US">Ending balance</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest" xlink:label="loc_us-gaap_StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest_7A2B2F86B05E5ACEBD3C9D3BD5191CB8" xlink:type="locator" />
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    <link:label id="lab_us-gaap_FairValueDisclosuresTextBlock_02D792BDB92BD6A7DAEB80BA52DAAD64_verboseLabel_en-US" xlink:label="lab_us-gaap_FairValueDisclosuresTextBlock_85033F5A3A065C3E9B9E9D44AEE4AAF5" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:type="resource" xml:lang="en-US">FAIR VALUE OF FINANCIAL INSTRUMENTS</link:label>
    <link:label id="lab_us-gaap_FairValueDisclosuresTextBlock_02D792BDB92BD6A7DAEB80BA52DAAD64_label_en-US" xlink:label="lab_us-gaap_FairValueDisclosuresTextBlock_85033F5A3A065C3E9B9E9D44AEE4AAF5" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Fair Value Disclosures [Text Block]</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_FairValueDisclosuresTextBlock" xlink:label="loc_us-gaap_FairValueDisclosuresTextBlock_85033F5A3A065C3E9B9E9D44AEE4AAF5" xlink:type="locator" />
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    <link:label id="lab_us-gaap_ScheduleOfEmployeeServiceShareBasedCompensationAllocationOfRecognizedPeriodCostsTextBlock_D92A494C9418B1A2A69780BA52AD6D9A_terseLabel_en-US" xlink:label="lab_us-gaap_ScheduleOfEmployeeServiceShareBasedCompensationAllocationOfRecognizedPeriodCostsTextBlock_827D12F50E595F5CAF3A5856B64252BE" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Summary of share-based compensation expense included in net income</link:label>
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    <link:label id="lab_us-gaap_StatementScenarioAxis_4AA9961B3B0E7A3D94E880BA52A0107E_terseLabel_en-US" xlink:label="lab_us-gaap_StatementScenarioAxis_F18A0403275F5CE3B617FCE6189D954D" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Scenario [Axis]</link:label>
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    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_StatementScenarioAxis" xlink:label="loc_us-gaap_StatementScenarioAxis_F18A0403275F5CE3B617FCE6189D954D" xlink:type="locator" />
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    <link:label id="lab_frt_Gainlossonchangeincontrolofinterestsandsaleofrealestatenet_0AF48E38EBA5443CCDD480BA52A25968_terseLabel_en-US" xlink:label="lab_frt_Gainlossonchangeincontrolofinterestsandsaleofrealestatenet_3DD588C6F9645E5BA026C7064855F2B2" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Gain on sale of real estate and change in control of interests, net</link:label>
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    <link:loc xlink:href="frt-20170630.xsd#frt_ComponentsOfRentalIncomeTable" xlink:label="loc_frt_ComponentsOfRentalIncomeTable_98A1769AB00A5857B47904CEFBCBA94E" xlink:type="locator" />
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    <link:label id="lab_us-gaap_PropertySubjectToOrAvailableForOperatingLeaseAxis_5DD9771C6DDDF055AF1080BA52B491AC_terseLabel_en-US" xlink:label="lab_us-gaap_PropertySubjectToOrAvailableForOperatingLeaseAxis_B4536CE3039B5D63B4F00FE6A2319628" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Property Subject to or Available for Operating Lease</link:label>
    <link:label id="lab_us-gaap_PropertySubjectToOrAvailableForOperatingLeaseAxis_5DD9771C6DDDF055AF1080BA52B491AC_label_en-US" xlink:label="lab_us-gaap_PropertySubjectToOrAvailableForOperatingLeaseAxis_B4536CE3039B5D63B4F00FE6A2319628" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Property Subject to or Available for Operating Lease [Axis]</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_PropertySubjectToOrAvailableForOperatingLeaseAxis" xlink:label="loc_us-gaap_PropertySubjectToOrAvailableForOperatingLeaseAxis_B4536CE3039B5D63B4F00FE6A2319628" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_PropertySubjectToOrAvailableForOperatingLeaseAxis_B4536CE3039B5D63B4F00FE6A2319628" xlink:to="lab_us-gaap_PropertySubjectToOrAvailableForOperatingLeaseAxis_B4536CE3039B5D63B4F00FE6A2319628" xlink:type="arc" />
    <link:label id="lab_us-gaap_PropertySubjectToOrAvailableForOperatingLeaseDomain_4B2B41F64435FF5927D180BA52B53661_terseLabel_en-US" xlink:label="lab_us-gaap_PropertySubjectToOrAvailableForOperatingLeaseDomain_D0166F02F8915891A529156317A9B432" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Property Subject to or Available for Operating Lease [Domain]</link:label>
    <link:label id="lab_us-gaap_PropertySubjectToOrAvailableForOperatingLeaseDomain_4B2B41F64435FF5927D180BA52B53661_label_en-US" xlink:label="lab_us-gaap_PropertySubjectToOrAvailableForOperatingLeaseDomain_D0166F02F8915891A529156317A9B432" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Property Subject to or Available for Operating Lease [Domain]</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_PropertySubjectToOrAvailableForOperatingLeaseDomain" xlink:label="loc_us-gaap_PropertySubjectToOrAvailableForOperatingLeaseDomain_D0166F02F8915891A529156317A9B432" xlink:type="locator" />
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    <link:label id="lab_us-gaap_CommercialRealEstateMember_98674C2A4B48427ACC6E80BA52B594AE_terseLabel_en-US" xlink:label="lab_us-gaap_CommercialRealEstateMember_798EB995416B5DA9A4E6AC23B398BCDA" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Retail and Commercial</link:label>
    <link:label id="lab_us-gaap_CommercialRealEstateMember_98674C2A4B48427ACC6E80BA52B594AE_label_en-US" xlink:label="lab_us-gaap_CommercialRealEstateMember_798EB995416B5DA9A4E6AC23B398BCDA" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Commercial Real Estate [Member]</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_CommercialRealEstateMember_798EB995416B5DA9A4E6AC23B398BCDA" xlink:to="lab_us-gaap_CommercialRealEstateMember_798EB995416B5DA9A4E6AC23B398BCDA" xlink:type="arc" />
    <link:label id="lab_us-gaap_ResidentialRealEstateMember_4E64185C9CEEF185CF7C80BA52B542B2_terseLabel_en-US" xlink:label="lab_us-gaap_ResidentialRealEstateMember_7DB163D563F45F17A7E0F5A38ACC9E9A" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Residential</link:label>
    <link:label id="lab_us-gaap_ResidentialRealEstateMember_4E64185C9CEEF185CF7C80BA52B542B2_label_en-US" xlink:label="lab_us-gaap_ResidentialRealEstateMember_7DB163D563F45F17A7E0F5A38ACC9E9A" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Residential Real Estate [Member]</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_ResidentialRealEstateMember_7DB163D563F45F17A7E0F5A38ACC9E9A" xlink:to="lab_us-gaap_ResidentialRealEstateMember_7DB163D563F45F17A7E0F5A38ACC9E9A" xlink:type="arc" />
    <link:label id="lab_us-gaap_OperatingLeasesIncomeStatementMinimumLeaseRevenue_DB5DF14383A04F66738680BA52B5D1CB_terseLabel_en-US" xlink:label="lab_us-gaap_OperatingLeasesIncomeStatementMinimumLeaseRevenue_15F10C0F8C385357A9A76BE57EB46004" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Minimum rents</link:label>
    <link:label id="lab_us-gaap_OperatingLeasesIncomeStatementMinimumLeaseRevenue_DB5DF14383A04F66738680BA52B5D1CB_label_en-US" xlink:label="lab_us-gaap_OperatingLeasesIncomeStatementMinimumLeaseRevenue_15F10C0F8C385357A9A76BE57EB46004" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Operating Leases, Income Statement, Minimum Lease Revenue</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_OperatingLeasesIncomeStatementMinimumLeaseRevenue" xlink:label="loc_us-gaap_OperatingLeasesIncomeStatementMinimumLeaseRevenue_15F10C0F8C385357A9A76BE57EB46004" xlink:type="locator" />
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    <link:label id="lab_us-gaap_TenantReimbursements_DC032C60410A234F92D280BA52B55629_terseLabel_en-US" xlink:label="lab_us-gaap_TenantReimbursements_47B53ACD78B454C7A86C52154E7C942A" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Cost reimbursement</link:label>
    <link:label id="lab_us-gaap_TenantReimbursements_DC032C60410A234F92D280BA52B55629_label_en-US" xlink:label="lab_us-gaap_TenantReimbursements_47B53ACD78B454C7A86C52154E7C942A" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Tenant Reimbursements</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_TenantReimbursements" xlink:label="loc_us-gaap_TenantReimbursements_47B53ACD78B454C7A86C52154E7C942A" xlink:type="locator" />
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    <link:label id="lab_us-gaap_PercentageRent_C2F0DB85FED5219A609C80BA52B5377D_terseLabel_en-US" xlink:label="lab_us-gaap_PercentageRent_75F161DEF1C85042B45E74ACEC92A310" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Percentage rents</link:label>
    <link:label id="lab_us-gaap_PercentageRent_C2F0DB85FED5219A609C80BA52B5377D_label_en-US" xlink:label="lab_us-gaap_PercentageRent_75F161DEF1C85042B45E74ACEC92A310" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Operating Leases, Income Statement, Percentage Revenue</link:label>
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    <link:label id="lab_frt_OtherRentalIncome_8B0F5BFBF3208796058980BA52B592E6_terseLabel_en-US" xlink:label="lab_frt_OtherRentalIncome_E74E3C56358554159EF77BE06CCA8730" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Other</link:label>
    <link:label id="lab_frt_OtherRentalIncome_8B0F5BFBF3208796058980BA52B592E6_label_en-US" xlink:label="lab_frt_OtherRentalIncome_E74E3C56358554159EF77BE06CCA8730" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Other Rental Income</link:label>
    <link:label id="lab_frt_OtherRentalIncome_8B0F5BFBF3208796058980BA52B592E6_documentation_en-US" xlink:label="lab_frt_OtherRentalIncome_E74E3C56358554159EF77BE06CCA8730" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">This element represents other rental revenue earned during the period.</link:label>
    <link:loc xlink:href="frt-20170630.xsd#frt_OtherRentalIncome" xlink:label="loc_frt_OtherRentalIncome_E74E3C56358554159EF77BE06CCA8730" xlink:type="locator" />
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    <link:label id="lab_us-gaap_OperatingLeasesIncomeStatementLeaseRevenue_64F00276F7281CEA1D3A80BA52B58072_verboseLabel_en-US" xlink:label="lab_us-gaap_OperatingLeasesIncomeStatementLeaseRevenue_99B189BF51855E8F86CDF232EBD40F8C" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:type="resource" xml:lang="en-US">Total rental income</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_OperatingLeasesIncomeStatementLeaseRevenue" xlink:label="loc_us-gaap_OperatingLeasesIncomeStatementLeaseRevenue_99B189BF51855E8F86CDF232EBD40F8C" xlink:type="locator" />
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    <link:label id="lab_frt_DocumentAndEntityInformationAbstract_E3CA2B31A217CD3EBA2580BA532A23B9_label_en-US" xlink:label="lab_frt_DocumentAndEntityInformationAbstract_A4B71281BD8355EC9C15E4B1F860FBD9" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Document And Entity Information [Abstract]</link:label>
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    <link:label id="lab_dei_EntityRegistrantName_8F30CE702B861718F82280BA532A3CB7_terseLabel_en-US" xlink:label="lab_dei_EntityRegistrantName_17146BF4F5905F8C84495A37A0061A54" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Entity Registrant Name</link:label>
    <link:label id="lab_dei_EntityRegistrantName_8F30CE702B861718F82280BA532A3CB7_label_en-US" xlink:label="lab_dei_EntityRegistrantName_17146BF4F5905F8C84495A37A0061A54" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Entity Registrant Name</link:label>
    <link:loc xlink:href="http://xbrl.sec.gov/dei/2014/dei-2014-01-31.xsd#dei_EntityRegistrantName" xlink:label="loc_dei_EntityRegistrantName_17146BF4F5905F8C84495A37A0061A54" xlink:type="locator" />
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    <link:label id="lab_dei_EntityCentralIndexKey_4ECE6245562E41DD797580BA532AE223_terseLabel_en-US" xlink:label="lab_dei_EntityCentralIndexKey_7B1D4F7BC3C152FB822BCE59DCC801EB" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Entity Central Index Key</link:label>
    <link:label id="lab_dei_EntityCentralIndexKey_4ECE6245562E41DD797580BA532AE223_label_en-US" xlink:label="lab_dei_EntityCentralIndexKey_7B1D4F7BC3C152FB822BCE59DCC801EB" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Entity Central Index Key</link:label>
    <link:loc xlink:href="http://xbrl.sec.gov/dei/2014/dei-2014-01-31.xsd#dei_EntityCentralIndexKey" xlink:label="loc_dei_EntityCentralIndexKey_7B1D4F7BC3C152FB822BCE59DCC801EB" xlink:type="locator" />
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    <link:label id="lab_dei_CurrentFiscalYearEndDate_4A1A8F60AAB6B57EC58F80BA532A482A_terseLabel_en-US" xlink:label="lab_dei_CurrentFiscalYearEndDate_38C43FF33F7F530C8296A6C9450B0064" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Current Fiscal Year End Date</link:label>
    <link:label id="lab_dei_CurrentFiscalYearEndDate_4A1A8F60AAB6B57EC58F80BA532A482A_label_en-US" xlink:label="lab_dei_CurrentFiscalYearEndDate_38C43FF33F7F530C8296A6C9450B0064" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Current Fiscal Year End Date</link:label>
    <link:loc xlink:href="http://xbrl.sec.gov/dei/2014/dei-2014-01-31.xsd#dei_CurrentFiscalYearEndDate" xlink:label="loc_dei_CurrentFiscalYearEndDate_38C43FF33F7F530C8296A6C9450B0064" xlink:type="locator" />
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    <link:label id="lab_dei_EntityFilerCategory_0F22FA01259D93E5519880BA532A7059_terseLabel_en-US" xlink:label="lab_dei_EntityFilerCategory_AE14C59529225D6CA42BA22DA2C7ECA0" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Entity Filer Category</link:label>
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    <link:label id="lab_dei_DocumentType_6BA917074B1A047D909A80BA532BB96E_terseLabel_en-US" xlink:label="lab_dei_DocumentType_3B2021A0C59351F3955DED33F2646848" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Document Type</link:label>
    <link:label id="lab_dei_DocumentType_6BA917074B1A047D909A80BA532BB96E_label_en-US" xlink:label="lab_dei_DocumentType_3B2021A0C59351F3955DED33F2646848" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Document Type</link:label>
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    <link:label id="lab_us-gaap_LineOfCreditFacilityAverageOutstandingAmount_5238F02D05261F9083A0992CBA05E56A_terseLabel_en-US" xlink:label="lab_us-gaap_LineOfCreditFacilityAverageOutstandingAmount_17E72B49A5085E80993F1089C7DD9217" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Weighted average borrowings outstanding</link:label>
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    <link:label id="lab_us-gaap_OtherAssetsMember_969FDB73AE3B6D64208299517382E312_terseLabel_en-US" xlink:label="lab_us-gaap_OtherAssetsMember_6821C91C87205203AFA0519199A9CB4A" 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_969FDB73AE3B6D64208299517382E312_label_en-US" xlink:label="lab_us-gaap_OtherAssetsMember_6821C91C87205203AFA0519199A9CB4A" 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/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_OtherAssetsMember" xlink:label="loc_us-gaap_OtherAssetsMember_6821C91C87205203AFA0519199A9CB4A" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_OtherAssetsMember_6821C91C87205203AFA0519199A9CB4A" xlink:to="lab_us-gaap_OtherAssetsMember_6821C91C87205203AFA0519199A9CB4A" xlink:type="arc" />
    <link:label id="lab_us-gaap_OtherLiabilitiesMember_5FBC2B73862308634645995173825BF0_terseLabel_en-US" xlink:label="lab_us-gaap_OtherLiabilitiesMember_A3A670BC03E55F2D8A57348A95F5C2B3" 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_5FBC2B73862308634645995173825BF0_label_en-US" xlink:label="lab_us-gaap_OtherLiabilitiesMember_A3A670BC03E55F2D8A57348A95F5C2B3" 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/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_OtherLiabilitiesMember" xlink:label="loc_us-gaap_OtherLiabilitiesMember_A3A670BC03E55F2D8A57348A95F5C2B3" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_OtherLiabilitiesMember_A3A670BC03E55F2D8A57348A95F5C2B3" xlink:to="lab_us-gaap_OtherLiabilitiesMember_A3A670BC03E55F2D8A57348A95F5C2B3" xlink:type="arc" />
    <link:label id="lab_us-gaap_LeasesAcquiredInPlaceMember_24AE2F4C93558A701DEB995173825BE6_terseLabel_en-US" xlink:label="lab_us-gaap_LeasesAcquiredInPlaceMember_081B476713F25316949E6B89CA3EBEA6" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Lease intangibles</link:label>
    <link:label id="lab_us-gaap_LeasesAcquiredInPlaceMember_24AE2F4C93558A701DEB995173825BE6_label_en-US" xlink:label="lab_us-gaap_LeasesAcquiredInPlaceMember_081B476713F25316949E6B89CA3EBEA6" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Leases, Acquired-in-Place [Member]</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_LeasesAcquiredInPlaceMember" xlink:label="loc_us-gaap_LeasesAcquiredInPlaceMember_081B476713F25316949E6B89CA3EBEA6" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_LeasesAcquiredInPlaceMember_081B476713F25316949E6B89CA3EBEA6" xlink:to="lab_us-gaap_LeasesAcquiredInPlaceMember_081B476713F25316949E6B89CA3EBEA6" xlink:type="arc" />
    <link:label id="lab_frt_LeaseliabilitiesMember_BDE335C0D3F81F9F1F029951738238D8_terseLabel_en-US" xlink:label="lab_frt_LeaseliabilitiesMember_384FBE36611C5145BD383C90F78125E4" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Lease liabilities</link:label>
    <link:label id="lab_frt_LeaseliabilitiesMember_BDE335C0D3F81F9F1F029951738238D8_label_en-US" xlink:label="lab_frt_LeaseliabilitiesMember_384FBE36611C5145BD383C90F78125E4" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Lease liabilities [Member]</link:label>
    <link:label id="lab_frt_LeaseliabilitiesMember_BDE335C0D3F81F9F1F029951738238D8_documentation_en-US" xlink:label="lab_frt_LeaseliabilitiesMember_384FBE36611C5145BD383C90F78125E4" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Lease Liabilities [Member]</link:label>
    <link:loc xlink:href="frt-20170630.xsd#frt_LeaseliabilitiesMember" xlink:label="loc_frt_LeaseliabilitiesMember_384FBE36611C5145BD383C90F78125E4" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_frt_LeaseliabilitiesMember_384FBE36611C5145BD383C90F78125E4" xlink:to="lab_frt_LeaseliabilitiesMember_384FBE36611C5145BD383C90F78125E4" xlink:type="arc" />
    <link:label id="lab_us-gaap_AboveMarketLeasesMember_60314FAA4F260B9C8A329951738273ED_verboseLabel_en-US" xlink:label="lab_us-gaap_AboveMarketLeasesMember_948905B6319E5789B72EAAF117DE5460" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:type="resource" xml:lang="en-US">Above market leases</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_AboveMarketLeasesMember" xlink:label="loc_us-gaap_AboveMarketLeasesMember_948905B6319E5789B72EAAF117DE5460" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_AboveMarketLeasesMember_948905B6319E5789B72EAAF117DE5460" xlink:to="lab_us-gaap_AboveMarketLeasesMember_948905B6319E5789B72EAAF117DE5460" xlink:type="arc" />
    <link:label id="lab_us-gaap_LandMember_BC080F4A88AB2D7FDF6099517382DC85_terseLabel_en-US" xlink:label="lab_us-gaap_LandMember_1BF8D88463BC504190C361C27BD5960A" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Land</link:label>
    <link:label id="lab_us-gaap_LandMember_BC080F4A88AB2D7FDF6099517382DC85_label_en-US" xlink:label="lab_us-gaap_LandMember_1BF8D88463BC504190C361C27BD5960A" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Land [Member]</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_LandMember" xlink:label="loc_us-gaap_LandMember_1BF8D88463BC504190C361C27BD5960A" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_LandMember_1BF8D88463BC504190C361C27BD5960A" xlink:to="lab_us-gaap_LandMember_1BF8D88463BC504190C361C27BD5960A" xlink:type="arc" />
    <link:label id="lab_us-gaap_BusinessAcquisitionLineItems_82BD6F878217408618F299517382BF28_terseLabel_en-US" xlink:label="lab_us-gaap_BusinessAcquisitionLineItems_21650810EEFC56069921551EED55A951" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Business Acquisitions [Line Items]</link:label>
    <link:label id="lab_us-gaap_BusinessAcquisitionLineItems_82BD6F878217408618F299517382BF28_label_en-US" xlink:label="lab_us-gaap_BusinessAcquisitionLineItems_21650810EEFC56069921551EED55A951" 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/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_BusinessAcquisitionLineItems" xlink:label="loc_us-gaap_BusinessAcquisitionLineItems_21650810EEFC56069921551EED55A951" xlink:type="locator" />
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    <link:label id="lab_us-gaap_AreaOfRealEstateProperty_34A7329717EFCB87166E99517382C0DF_terseLabel_en-US" xlink:label="lab_us-gaap_AreaOfRealEstateProperty_9FDDD67DC10B50C9A2DF310EAEFB16B2" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Square footage</link:label>
    <link:label id="lab_us-gaap_AreaOfRealEstateProperty_34A7329717EFCB87166E99517382C0DF_label_en-US" xlink:label="lab_us-gaap_AreaOfRealEstateProperty_9FDDD67DC10B50C9A2DF310EAEFB16B2" 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/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_AreaOfRealEstateProperty" xlink:label="loc_us-gaap_AreaOfRealEstateProperty_9FDDD67DC10B50C9A2DF310EAEFB16B2" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_AreaOfRealEstateProperty_9FDDD67DC10B50C9A2DF310EAEFB16B2" xlink:to="lab_us-gaap_AreaOfRealEstateProperty_9FDDD67DC10B50C9A2DF310EAEFB16B2" xlink:type="arc" />
    <link:label id="lab_frt_Purchasepriceofrealestateacquisition_856C131118A5E732B7F5995173825F79_terseLabel_en-US" xlink:label="lab_frt_Purchasepriceofrealestateacquisition_9C45578FC9C75635B1796740248FC6CF" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Purchase price</link:label>
    <link:label id="lab_frt_Purchasepriceofrealestateacquisition_856C131118A5E732B7F5995173825F79_label_en-US" xlink:label="lab_frt_Purchasepriceofrealestateacquisition_9C45578FC9C75635B1796740248FC6CF" 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_856C131118A5E732B7F5995173825F79_documentation_en-US" xlink:label="lab_frt_Purchasepriceofrealestateacquisition_9C45578FC9C75635B1796740248FC6CF" 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-20170630.xsd#frt_Purchasepriceofrealestateacquisition" xlink:label="loc_frt_Purchasepriceofrealestateacquisition_9C45578FC9C75635B1796740248FC6CF" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_frt_Purchasepriceofrealestateacquisition_9C45578FC9C75635B1796740248FC6CF" xlink:to="lab_frt_Purchasepriceofrealestateacquisition_9C45578FC9C75635B1796740248FC6CF" xlink:type="arc" />
    <link:label id="lab_us-gaap_FinitelivedIntangibleAssetsAcquired1_51A53409E503F39F96329951738245C1_terseLabel_en-US" xlink:label="lab_us-gaap_FinitelivedIntangibleAssetsAcquired1_CE43AC0387655989B6E95DAADC342FEE" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Net assets acquired</link:label>
    <link:label id="lab_us-gaap_FinitelivedIntangibleAssetsAcquired1_51A53409E503F39F96329951738245C1_label_en-US" xlink:label="lab_us-gaap_FinitelivedIntangibleAssetsAcquired1_CE43AC0387655989B6E95DAADC342FEE" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Finite-lived Intangible Assets Acquired</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_FinitelivedIntangibleAssetsAcquired1" xlink:label="loc_us-gaap_FinitelivedIntangibleAssetsAcquired1_CE43AC0387655989B6E95DAADC342FEE" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_FinitelivedIntangibleAssetsAcquired1_CE43AC0387655989B6E95DAADC342FEE" xlink:to="lab_us-gaap_FinitelivedIntangibleAssetsAcquired1_CE43AC0387655989B6E95DAADC342FEE" xlink:type="arc" />
    <link:label id="lab_us-gaap_BelowMarketLeaseAcquired_28C699D9E1F99B109C7F9951738283B2_terseLabel_en-US" xlink:label="lab_us-gaap_BelowMarketLeaseAcquired_932898EBF1F05515A3E2DAFA5CF67DE5" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Net assets acquired allocated to below market leases</link:label>
    <link:label id="lab_us-gaap_BelowMarketLeaseAcquired_28C699D9E1F99B109C7F9951738283B2_label_en-US" xlink:label="lab_us-gaap_BelowMarketLeaseAcquired_932898EBF1F05515A3E2DAFA5CF67DE5" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Below Market Lease, Acquired</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_BelowMarketLeaseAcquired" xlink:label="loc_us-gaap_BelowMarketLeaseAcquired_932898EBF1F05515A3E2DAFA5CF67DE5" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_BelowMarketLeaseAcquired_932898EBF1F05515A3E2DAFA5CF67DE5" xlink:to="lab_us-gaap_BelowMarketLeaseAcquired_932898EBF1F05515A3E2DAFA5CF67DE5" xlink:type="arc" />
    <link:label id="lab_frt_NumberOfMembersWithPurchaseOptions_80FE18BFA8EBBEF7FD14995173837BC8_terseLabel_en-US" xlink:label="lab_frt_NumberOfMembersWithPurchaseOptions_0CE570C0BECB58F0A3966F8720C06917" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Number of ground lessees</link:label>
    <link:label id="lab_frt_NumberOfMembersWithPurchaseOptions_80FE18BFA8EBBEF7FD14995173837BC8_label_en-US" xlink:label="lab_frt_NumberOfMembersWithPurchaseOptions_0CE570C0BECB58F0A3966F8720C06917" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Number of Members With Purchase Options</link:label>
    <link:label id="lab_frt_NumberOfMembersWithPurchaseOptions_80FE18BFA8EBBEF7FD14995173837BC8_documentation_en-US" xlink:label="lab_frt_NumberOfMembersWithPurchaseOptions_0CE570C0BECB58F0A3966F8720C06917" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Number of Members With Purchase Options</link:label>
    <link:loc xlink:href="frt-20170630.xsd#frt_NumberOfMembersWithPurchaseOptions" xlink:label="loc_frt_NumberOfMembersWithPurchaseOptions_0CE570C0BECB58F0A3966F8720C06917" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_frt_NumberOfMembersWithPurchaseOptions_0CE570C0BECB58F0A3966F8720C06917" xlink:to="lab_frt_NumberOfMembersWithPurchaseOptions_0CE570C0BECB58F0A3966F8720C06917" xlink:type="arc" />
    <link:label id="lab_us-gaap_SalesOfRealEstate_CF7E1C982860999A74E7995173832092_terseLabel_en-US" xlink:label="lab_us-gaap_SalesOfRealEstate_64DB9E16DD0759A4A4D2F6C7BB69C448" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Proceeds from sale</link:label>
    <link:label id="lab_us-gaap_SalesOfRealEstate_CF7E1C982860999A74E7995173832092_label_en-US" xlink:label="lab_us-gaap_SalesOfRealEstate_64DB9E16DD0759A4A4D2F6C7BB69C448" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Sales of Real Estate</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_SalesOfRealEstate" xlink:label="loc_us-gaap_SalesOfRealEstate_64DB9E16DD0759A4A4D2F6C7BB69C448" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_SalesOfRealEstate_64DB9E16DD0759A4A4D2F6C7BB69C448" xlink:to="lab_us-gaap_SalesOfRealEstate_64DB9E16DD0759A4A4D2F6C7BB69C448" xlink:type="arc" />
    <link:label id="lab_us-gaap_GainLossOnSaleOfPropertiesNetOfApplicableIncomeTaxes_F174A78389D184435B8499517383C43B_terseLabel_en-US" xlink:label="lab_us-gaap_GainLossOnSaleOfPropertiesNetOfApplicableIncomeTaxes_FD8CA394219D59558C96EFF87D6DEE84" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Gain on sale of real estate, net</link:label>
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    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_GainLossOnSaleOfPropertiesNetOfApplicableIncomeTaxes" xlink:label="loc_us-gaap_GainLossOnSaleOfPropertiesNetOfApplicableIncomeTaxes_FD8CA394219D59558C96EFF87D6DEE84" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_GainLossOnSaleOfPropertiesNetOfApplicableIncomeTaxes_FD8CA394219D59558C96EFF87D6DEE84" xlink:to="lab_us-gaap_GainLossOnSaleOfPropertiesNetOfApplicableIncomeTaxes_FD8CA394219D59558C96EFF87D6DEE84" xlink:type="arc" />
    <link:label id="lab_frt_Realestateacquisitiongrossvalue_986A780B675F42CC87B2995173838133_terseLabel_en-US" xlink:label="lab_frt_Realestateacquisitiongrossvalue_81B352A509F45C33B58D3BE2D88F85CE" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Gross value</link:label>
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    <link:label id="lab_frt_Realestateacquisitiongrossvalue_986A780B675F42CC87B2995173838133_documentation_en-US" xlink:label="lab_frt_Realestateacquisitiongrossvalue_81B352A509F45C33B58D3BE2D88F85CE" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Real estate acquisition, gross value</link:label>
    <link:loc xlink:href="frt-20170630.xsd#frt_Realestateacquisitiongrossvalue" xlink:label="loc_frt_Realestateacquisitiongrossvalue_81B352A509F45C33B58D3BE2D88F85CE" xlink:type="locator" />
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