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    <link:label id="lab_us-gaap_PreferredStockDividendRatePercentage_12BE3D6C999B538AAED225BB013E7759_terseLabel_en-US" xlink:label="lab_us-gaap_PreferredStockDividendRatePercentage_12BE3D6C999B538AAED225BB013E7759" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Series 1 Cumulative Convertible Preferred Shares Interest Rate</link:label>
    <link:label id="lab_us-gaap_PreferredStockDividendRatePercentage_12BE3D6C999B538AAED225BB013E7759_label_en-US" xlink:label="lab_us-gaap_PreferredStockDividendRatePercentage_12BE3D6C999B538AAED225BB013E7759" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Preferred Stock, Dividend Rate, Percentage</link:label>
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    <link:label id="lab_us-gaap_CommonStockDividendsPerShareDeclared_3DEDD5533D8B8C5CBEB525BB013E720D_terseLabel_en-US" xlink:label="lab_us-gaap_CommonStockDividendsPerShareDeclared_3DEDD5533D8B8C5CBEB525BB013E720D" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Dividends declared per common share</link:label>
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    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2015/elts/us-gaap-2015-01-31.xsd#us-gaap_CommonStockDividendsPerShareDeclared" xlink:label="loc_us-gaap_CommonStockDividendsPerShareDeclared_3DEDD5533D8B8C5CBEB525BB013E720D" xlink:type="locator" />
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    <link:label id="lab_us-gaap_CommonStockDividendsPerShareCashPaid_51656338FEC8F262F83E25BB013E4A07_label_en-US" xlink:label="lab_us-gaap_CommonStockDividendsPerShareCashPaid_51656338FEC8F262F83E25BB013E4A07" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Common Stock, Dividends, Per Share, Cash Paid</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2015/elts/us-gaap-2015-01-31.xsd#us-gaap_CommonStockDividendsPerShareCashPaid" xlink:label="loc_us-gaap_CommonStockDividendsPerShareCashPaid_51656338FEC8F262F83E25BB013E4A07" xlink:type="locator" />
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    <link:label id="lab_us-gaap_PreferredStockDividendsPerShareDeclared_3EA41613F4A0E6D757D825BB013E37EB_terseLabel_en-US" xlink:label="lab_us-gaap_PreferredStockDividendsPerShareDeclared_3EA41613F4A0E6D757D825BB013E37EB" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Dividends declared per preferred share</link:label>
    <link:label id="lab_us-gaap_PreferredStockDividendsPerShareDeclared_3EA41613F4A0E6D757D825BB013E37EB_label_en-US" xlink:label="lab_us-gaap_PreferredStockDividendsPerShareDeclared_3EA41613F4A0E6D757D825BB013E37EB" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Preferred Stock, Dividends Per Share, Declared</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2015/elts/us-gaap-2015-01-31.xsd#us-gaap_PreferredStockDividendsPerShareDeclared" xlink:label="loc_us-gaap_PreferredStockDividendsPerShareDeclared_3EA41613F4A0E6D757D825BB013E37EB" xlink:type="locator" />
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    <link:label id="lab_us-gaap_PreferredStockDividendsPerShareCashPaid_9BC326E7E88107E4922825BB013EBE9F_terseLabel_en-US" xlink:label="lab_us-gaap_PreferredStockDividendsPerShareCashPaid_9BC326E7E88107E4922825BB013EBE9F" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Dividends paid per preferred share</link:label>
    <link:label id="lab_us-gaap_PreferredStockDividendsPerShareCashPaid_9BC326E7E88107E4922825BB013EBE9F_label_en-US" xlink:label="lab_us-gaap_PreferredStockDividendsPerShareCashPaid_9BC326E7E88107E4922825BB013EBE9F" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Preferred Stock, Dividends, Per Share, Cash Paid</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2015/elts/us-gaap-2015-01-31.xsd#us-gaap_PreferredStockDividendsPerShareCashPaid" xlink:label="loc_us-gaap_PreferredStockDividendsPerShareCashPaid_9BC326E7E88107E4922825BB013EBE9F" xlink:type="locator" />
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    <link:label id="lab_frt_ComponentsOfRentalIncomeTable_41DD776E813884B9CEBCDD52E6BD4313_terseLabel_en-US" xlink:label="lab_frt_ComponentsOfRentalIncomeTable_41DD776E813884B9CEBCDD52E6BD4313" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Components of Rental Income [Table]</link:label>
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    <link:label id="lab_us-gaap_ProductOrServiceAxis_5D5BC108AF14FCCCE88FDD52E6BDB789_label_en-US" xlink:label="lab_us-gaap_ProductOrServiceAxis_5D5BC108AF14FCCCE88FDD52E6BDB789" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Products and Services [Axis]</link:label>
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    <link:label id="lab_us-gaap_CommercialRealEstateMember_311E306003FABCBFB315DD52E6BDF580_label_en-US" xlink:label="lab_us-gaap_CommercialRealEstateMember_311E306003FABCBFB315DD52E6BDF580" 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:label id="lab_us-gaap_ResidentialRealEstateMember_D6692DE3ECDFC5DB9817DD52E6BD415F_terseLabel_en-US" xlink:label="lab_us-gaap_ResidentialRealEstateMember_D6692DE3ECDFC5DB9817DD52E6BD415F" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Residential</link:label>
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    <link:label id="lab_us-gaap_StatementLineItems_5D6166A3CEE14E217D99DD52E6BD4126_terseLabel_en-US" xlink:label="lab_us-gaap_StatementLineItems_5D6166A3CEE14E217D99DD52E6BD4126" 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_5D6166A3CEE14E217D99DD52E6BD4126_label_en-US" xlink:label="lab_us-gaap_StatementLineItems_5D6166A3CEE14E217D99DD52E6BD4126" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Statement [Line Items]</link:label>
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    <link:label id="lab_us-gaap_OperatingLeasesIncomeStatementMinimumLeaseRevenue_1CA49951D797E50C46C3DD52E6BDBD86_terseLabel_en-US" xlink:label="lab_us-gaap_OperatingLeasesIncomeStatementMinimumLeaseRevenue_1CA49951D797E50C46C3DD52E6BDBD86" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Minimum rents</link:label>
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    <link:label id="lab_us-gaap_TenantReimbursements_07EB92D8231B9191EA9BDD52E6BDCB3E_terseLabel_en-US" xlink:label="lab_us-gaap_TenantReimbursements_07EB92D8231B9191EA9BDD52E6BDCB3E" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Cost reimbursement</link:label>
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    <link:label id="lab_us-gaap_PercentageRent_B11B0794BA51974C5B10DD52E6BD4A7A_terseLabel_en-US" xlink:label="lab_us-gaap_PercentageRent_B11B0794BA51974C5B10DD52E6BD4A7A" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Percentage rent</link:label>
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    <link:label id="lab_frt_OtherRentalIncome_18A68A15D474D77778F4DD52E6BD762F_terseLabel_en-US" xlink:label="lab_frt_OtherRentalIncome_18A68A15D474D77778F4DD52E6BD762F" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Other</link:label>
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    <link:label id="lab_frt_FederalRealtyInvestmentTrustMember_C31FDA6E933E2F9DF596100397E4B690_documentation_en-US" xlink:label="lab_frt_FederalRealtyInvestmentTrustMember_C31FDA6E933E2F9DF596100397E4B690" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Federal Realty Investment Trust [Member]</link:label>
    <link:loc xlink:href="frt-20150331.xsd#frt_FederalRealtyInvestmentTrustMember" xlink:label="loc_frt_FederalRealtyInvestmentTrustMember_C31FDA6E933E2F9DF596100397E4B690" xlink:type="locator" />
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    <link:label id="lab_frt_ClarionMember_52A9F9EF2BBDAF57F756100397E45501_terseLabel_en-US" xlink:label="lab_frt_ClarionMember_52A9F9EF2BBDAF57F756100397E45501" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">ING Clarion Partners</link:label>
    <link:label id="lab_frt_ClarionMember_52A9F9EF2BBDAF57F756100397E45501_label_en-US" xlink:label="lab_frt_ClarionMember_52A9F9EF2BBDAF57F756100397E45501" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Clarion [Member]</link:label>
    <link:label id="lab_frt_ClarionMember_52A9F9EF2BBDAF57F756100397E45501_documentation_en-US" xlink:label="lab_frt_ClarionMember_52A9F9EF2BBDAF57F756100397E45501" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Clarion [Member]</link:label>
    <link:loc xlink:href="frt-20150331.xsd#frt_ClarionMember" xlink:label="loc_frt_ClarionMember_52A9F9EF2BBDAF57F756100397E45501" xlink:type="locator" />
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    <link:label id="lab_us-gaap_ScheduleOfEquityMethodInvestmentEquityMethodInvesteeNameAxis_370F930B356E7559473E100397E4329E_label_en-US" xlink:label="lab_us-gaap_ScheduleOfEquityMethodInvestmentEquityMethodInvesteeNameAxis_370F930B356E7559473E100397E4329E" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Investment, Name [Axis]</link:label>
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    <link:label id="lab_frt_DividendsReinvestedInNoncashFinancingTransaction_3B6EBBA3D2515F2855D025BB02091102_terseLabel_en-US" xlink:label="lab_frt_DividendsReinvestedInNoncashFinancingTransaction_3B6EBBA3D2515F2855D025BB02091102" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Shares issued under dividend reinvestment plan</link:label>
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    <link:label id="lab_us-gaap_StatementOfFinancialPositionAbstract_C23E37BD05D2A703DCB625BB02953182_label_en-US" xlink:label="lab_us-gaap_StatementOfFinancialPositionAbstract_C23E37BD05D2A703DCB625BB02953182" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Statement of Financial Position [Abstract]</link:label>
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    <link:label id="lab_frt_OperatingRealEstateFromConsolidatedVariableInterestEntities_8D86C787CAA7FE61CDCF25BB029562D2_terseLabel_en-US" xlink:label="lab_frt_OperatingRealEstateFromConsolidatedVariableInterestEntities_8D86C787CAA7FE61CDCF25BB029562D2" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Operating, consolidated variable interest entities</link:label>
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    <link:label id="lab_frt_OperatingRealEstateFromConsolidatedVariableInterestEntities_8D86C787CAA7FE61CDCF25BB029562D2_documentation_en-US" xlink:label="lab_frt_OperatingRealEstateFromConsolidatedVariableInterestEntities_8D86C787CAA7FE61CDCF25BB029562D2" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Operating real estate balances from variable interest entities, or VIEs, for the periods presented.</link:label>
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    <link:label id="lab_frt_AccumulatedDepreciationAndAmortizationConsolidatedVariableInterestEntities_FC22ED08F518AED216BE25BB02954BF4_terseLabel_en-US" xlink:label="lab_frt_AccumulatedDepreciationAndAmortizationConsolidatedVariableInterestEntities_FC22ED08F518AED216BE25BB02954BF4" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Accumulated depreciation and amortization, consolidated variable interest entities</link:label>
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    <link:label id="lab_frt_MortgagePayableFromConsolidatedVariableInterestEntities_3203C7599AC13CA5D81325BB02951BEC_terseLabel_en-US" xlink:label="lab_frt_MortgagePayableFromConsolidatedVariableInterestEntities_3203C7599AC13CA5D81325BB02951BEC" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Mortgages payable, consolidated variable interest entities</link:label>
    <link:label id="lab_frt_MortgagePayableFromConsolidatedVariableInterestEntities_3203C7599AC13CA5D81325BB02951BEC_label_en-US" xlink:label="lab_frt_MortgagePayableFromConsolidatedVariableInterestEntities_3203C7599AC13CA5D81325BB02951BEC" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Mortgage Payable From Consolidated Variable Interest Entities</link:label>
    <link:label id="lab_frt_MortgagePayableFromConsolidatedVariableInterestEntities_3203C7599AC13CA5D81325BB02951BEC_documentation_en-US" xlink:label="lab_frt_MortgagePayableFromConsolidatedVariableInterestEntities_3203C7599AC13CA5D81325BB02951BEC" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Mortgages payable balances from variable interest entities, or VIEs, for the periods presented.</link:label>
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    <link:label id="lab_us-gaap_PreferredStockSharesAuthorized_EC56B2C157AA31FF932F25BB0295A002_terseLabel_en-US" xlink:label="lab_us-gaap_PreferredStockSharesAuthorized_EC56B2C157AA31FF932F25BB0295A002" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Preferred shares, authorized</link:label>
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    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2015/elts/us-gaap-2015-01-31.xsd#us-gaap_PreferredStockParOrStatedValuePerShare" xlink:label="loc_us-gaap_PreferredStockParOrStatedValuePerShare_EFE835B49F6B0951369E25BB0295B131" xlink:type="locator" />
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    <link:label id="lab_frt_AdjustmentDepreciationAndAmortization_DD6211883B884DDA1DCB25BB0238B8B7_terseLabel_en-US" xlink:label="lab_frt_AdjustmentDepreciationAndAmortization_DD6211883B884DDA1DCB25BB0238B8B7" 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_DD6211883B884DDA1DCB25BB0238B8B7_label_en-US" xlink:label="lab_frt_AdjustmentDepreciationAndAmortization_DD6211883B884DDA1DCB25BB0238B8B7" 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_DD6211883B884DDA1DCB25BB0238B8B7_documentation_en-US" xlink:label="lab_frt_AdjustmentDepreciationAndAmortization_DD6211883B884DDA1DCB25BB0238B8B7" 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_us-gaap_IncomeLossFromEquityMethodInvestments_BC2CD7A5CFC6A370011725BB0238FDE7_negatedLabel_en-US" xlink:label="lab_us-gaap_IncomeLossFromEquityMethodInvestments_BC2CD7A5CFC6A370011725BB0238FDE7" xlink:role="http://www.xbrl.org/2009/role/negatedLabel" xlink:type="resource" xml:lang="en-US">Income from real estate partnerships</link:label>
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    <link:label id="lab_us-gaap_OtherNoncashIncomeExpense_B7DD510322D201DF9AAE25BB0238F14A_negatedTerseLabel_en-US" xlink:label="lab_us-gaap_OtherNoncashIncomeExpense_B7DD510322D201DF9AAE25BB0238F14A" 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_B7DD510322D201DF9AAE25BB0238F14A_label_en-US" xlink:label="lab_us-gaap_OtherNoncashIncomeExpense_B7DD510322D201DF9AAE25BB0238F14A" 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:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_OtherNoncashIncomeExpense_B7DD510322D201DF9AAE25BB0238F14A" xlink:to="lab_us-gaap_OtherNoncashIncomeExpense_B7DD510322D201DF9AAE25BB0238F14A" xlink:type="arc" />
    <link:label id="lab_us-gaap_IncreaseDecreaseInOperatingCapitalAbstract_D4A7D28E8EBB8D53808325BB023816A0_terseLabel_en-US" xlink:label="lab_us-gaap_IncreaseDecreaseInOperatingCapitalAbstract_D4A7D28E8EBB8D53808325BB023816A0" 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_D4A7D28E8EBB8D53808325BB023816A0_label_en-US" xlink:label="lab_us-gaap_IncreaseDecreaseInOperatingCapitalAbstract_D4A7D28E8EBB8D53808325BB023816A0" 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/2015/elts/us-gaap-2015-01-31.xsd#us-gaap_IncreaseDecreaseInOperatingCapitalAbstract" xlink:label="loc_us-gaap_IncreaseDecreaseInOperatingCapitalAbstract_D4A7D28E8EBB8D53808325BB023816A0" xlink:type="locator" />
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    <link:label id="lab_us-gaap_IncreaseDecreaseInAccountsAndOtherReceivables_6EF84750BF007BE16D1F25BB02381DB5_negatedLabel_en-US" xlink:label="lab_us-gaap_IncreaseDecreaseInAccountsAndOtherReceivables_6EF84750BF007BE16D1F25BB02381DB5" xlink:role="http://www.xbrl.org/2009/role/negatedLabel" xlink:type="resource" xml:lang="en-US">Increase in accounts receivable</link:label>
    <link:label id="lab_us-gaap_IncreaseDecreaseInAccountsAndOtherReceivables_6EF84750BF007BE16D1F25BB02381DB5_label_en-US" xlink:label="lab_us-gaap_IncreaseDecreaseInAccountsAndOtherReceivables_6EF84750BF007BE16D1F25BB02381DB5" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Increase (Decrease) in Accounts and Other Receivables</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2015/elts/us-gaap-2015-01-31.xsd#us-gaap_IncreaseDecreaseInAccountsAndOtherReceivables" xlink:label="loc_us-gaap_IncreaseDecreaseInAccountsAndOtherReceivables_6EF84750BF007BE16D1F25BB02381DB5" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_IncreaseDecreaseInAccountsAndOtherReceivables_6EF84750BF007BE16D1F25BB02381DB5" xlink:to="lab_us-gaap_IncreaseDecreaseInAccountsAndOtherReceivables_6EF84750BF007BE16D1F25BB02381DB5" xlink:type="arc" />
    <link:label id="lab_us-gaap_IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets_B7C564D5FFDE2D89667C25BB02388B70_negatedLabel_en-US" xlink:label="lab_us-gaap_IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets_B7C564D5FFDE2D89667C25BB02388B70" xlink:role="http://www.xbrl.org/2009/role/negatedLabel" xlink:type="resource" xml:lang="en-US">(Increase) decrease in prepaid expenses and other assets</link:label>
    <link:label id="lab_us-gaap_IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets_B7C564D5FFDE2D89667C25BB02388B70_label_en-US" xlink:label="lab_us-gaap_IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets_B7C564D5FFDE2D89667C25BB02388B70" 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/2015/elts/us-gaap-2015-01-31.xsd#us-gaap_IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets" xlink:label="loc_us-gaap_IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets_B7C564D5FFDE2D89667C25BB02388B70" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets_B7C564D5FFDE2D89667C25BB02388B70" xlink:to="lab_us-gaap_IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets_B7C564D5FFDE2D89667C25BB02388B70" xlink:type="arc" />
    <link:label id="lab_us-gaap_IncreaseDecreaseInAccountsPayableAndAccruedLiabilities_77B6A62A9666B20B810325BB02388175_terseLabel_en-US" xlink:label="lab_us-gaap_IncreaseDecreaseInAccountsPayableAndAccruedLiabilities_77B6A62A9666B20B810325BB02388175" 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_77B6A62A9666B20B810325BB02388175_label_en-US" xlink:label="lab_us-gaap_IncreaseDecreaseInAccountsPayableAndAccruedLiabilities_77B6A62A9666B20B810325BB02388175" 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/2015/elts/us-gaap-2015-01-31.xsd#us-gaap_IncreaseDecreaseInAccountsPayableAndAccruedLiabilities" xlink:label="loc_us-gaap_IncreaseDecreaseInAccountsPayableAndAccruedLiabilities_77B6A62A9666B20B810325BB02388175" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_IncreaseDecreaseInAccountsPayableAndAccruedLiabilities_77B6A62A9666B20B810325BB02388175" xlink:to="lab_us-gaap_IncreaseDecreaseInAccountsPayableAndAccruedLiabilities_77B6A62A9666B20B810325BB02388175" xlink:type="arc" />
    <link:label id="lab_frt_IncreaseDecreaseInSecurityDepositsAndOtherLiabilities_D4048DE2DDD1D68353F925BB023800B6_terseLabel_en-US" xlink:label="lab_frt_IncreaseDecreaseInSecurityDepositsAndOtherLiabilities_D4048DE2DDD1D68353F925BB023800B6" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Decrease in security deposits and other liabilities</link:label>
    <link:label id="lab_frt_IncreaseDecreaseInSecurityDepositsAndOtherLiabilities_D4048DE2DDD1D68353F925BB023800B6_label_en-US" xlink:label="lab_frt_IncreaseDecreaseInSecurityDepositsAndOtherLiabilities_D4048DE2DDD1D68353F925BB023800B6" 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_D4048DE2DDD1D68353F925BB023800B6_documentation_en-US" xlink:label="lab_frt_IncreaseDecreaseInSecurityDepositsAndOtherLiabilities_D4048DE2DDD1D68353F925BB023800B6" 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-20150331.xsd#frt_IncreaseDecreaseInSecurityDepositsAndOtherLiabilities" xlink:label="loc_frt_IncreaseDecreaseInSecurityDepositsAndOtherLiabilities_D4048DE2DDD1D68353F925BB023800B6" xlink:type="locator" />
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    <link:label id="lab_us-gaap_NetCashProvidedByUsedInOperatingActivities_3187209829F13A456B4925BB02386A89_totalLabel_en-US" xlink:label="lab_us-gaap_NetCashProvidedByUsedInOperatingActivities_3187209829F13A456B4925BB02386A89" 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_3187209829F13A456B4925BB02386A89_label_en-US" xlink:label="lab_us-gaap_NetCashProvidedByUsedInOperatingActivities_3187209829F13A456B4925BB02386A89" 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/2015/elts/us-gaap-2015-01-31.xsd#us-gaap_NetCashProvidedByUsedInOperatingActivities" xlink:label="loc_us-gaap_NetCashProvidedByUsedInOperatingActivities_3187209829F13A456B4925BB02386A89" xlink:type="locator" />
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    <link:label id="lab_us-gaap_NetCashProvidedByUsedInInvestingActivitiesAbstract_DE408780E082EE7AD86E25BB023826F9_terseLabel_en-US" xlink:label="lab_us-gaap_NetCashProvidedByUsedInInvestingActivitiesAbstract_DE408780E082EE7AD86E25BB023826F9" 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_DE408780E082EE7AD86E25BB023826F9_label_en-US" xlink:label="lab_us-gaap_NetCashProvidedByUsedInInvestingActivitiesAbstract_DE408780E082EE7AD86E25BB023826F9" 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/2015/elts/us-gaap-2015-01-31.xsd#us-gaap_NetCashProvidedByUsedInInvestingActivitiesAbstract" xlink:label="loc_us-gaap_NetCashProvidedByUsedInInvestingActivitiesAbstract_DE408780E082EE7AD86E25BB023826F9" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_NetCashProvidedByUsedInInvestingActivitiesAbstract_DE408780E082EE7AD86E25BB023826F9" xlink:to="lab_us-gaap_NetCashProvidedByUsedInInvestingActivitiesAbstract_DE408780E082EE7AD86E25BB023826F9" xlink:type="arc" />
    <link:label id="lab_us-gaap_PaymentsToAcquireRealEstate_57DA18DB0542ECA2659B25BB0238D548_negatedTerseLabel_en-US" xlink:label="lab_us-gaap_PaymentsToAcquireRealEstate_57DA18DB0542ECA2659B25BB0238D548" 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_57DA18DB0542ECA2659B25BB0238D548_label_en-US" xlink:label="lab_us-gaap_PaymentsToAcquireRealEstate_57DA18DB0542ECA2659B25BB0238D548" 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/2015/elts/us-gaap-2015-01-31.xsd#us-gaap_PaymentsToAcquireRealEstate" xlink:label="loc_us-gaap_PaymentsToAcquireRealEstate_57DA18DB0542ECA2659B25BB0238D548" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_PaymentsToAcquireRealEstate_57DA18DB0542ECA2659B25BB0238D548" xlink:to="lab_us-gaap_PaymentsToAcquireRealEstate_57DA18DB0542ECA2659B25BB0238D548" xlink:type="arc" />
    <link:label id="lab_frt_CapitalExpendituresDevelopmentRedevelopment_0BA4B869DDD637659C6525BB02382018_negatedLabel_en-US" xlink:label="lab_frt_CapitalExpendituresDevelopmentRedevelopment_0BA4B869DDD637659C6525BB02382018" xlink:role="http://www.xbrl.org/2009/role/negatedLabel" xlink:type="resource" xml:lang="en-US">Capital expenditures - development and redevelopment</link:label>
    <link:label id="lab_frt_CapitalExpendituresDevelopmentRedevelopment_0BA4B869DDD637659C6525BB02382018_label_en-US" xlink:label="lab_frt_CapitalExpendituresDevelopmentRedevelopment_0BA4B869DDD637659C6525BB02382018" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Capital Expenditures Development Redevelopment</link:label>
    <link:label id="lab_frt_CapitalExpendituresDevelopmentRedevelopment_0BA4B869DDD637659C6525BB02382018_documentation_en-US" xlink:label="lab_frt_CapitalExpendituresDevelopmentRedevelopment_0BA4B869DDD637659C6525BB02382018" 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>
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    <link:label id="lab_us-gaap_DividendsPreferredStockCash_3564BCECBA2A8376D6E026B15BB92C78_negatedLabel_en-US" xlink:label="lab_us-gaap_DividendsPreferredStockCash_3564BCECBA2A8376D6E026B15BB92C78" xlink:role="http://www.xbrl.org/2009/role/negatedLabel" xlink:type="resource" xml:lang="en-US">Dividends declared to preferred shareholders</link:label>
    <link:label id="lab_us-gaap_DividendsPreferredStockCash_3564BCECBA2A8376D6E026B15BB92C78_label_en-US" xlink:label="lab_us-gaap_DividendsPreferredStockCash_3564BCECBA2A8376D6E026B15BB92C78" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Dividends, Preferred Stock, Cash</link:label>
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    <link:label id="lab_us-gaap_StockIssuedDuringPeriodSharesNewIssues_E6559F41F1AEF488B5A226B15BB96E00_verboseLabel_en-US" xlink:label="lab_us-gaap_StockIssuedDuringPeriodSharesNewIssues_E6559F41F1AEF488B5A226B15BB96E00" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:type="resource" xml:lang="en-US">Common shares issued (in shares)</link:label>
    <link:label id="lab_us-gaap_StockIssuedDuringPeriodSharesNewIssues_E6559F41F1AEF488B5A226B15BB96E00_label_en-US" xlink:label="lab_us-gaap_StockIssuedDuringPeriodSharesNewIssues_E6559F41F1AEF488B5A226B15BB96E00" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Stock Issued During Period, Shares, New Issues</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2015/elts/us-gaap-2015-01-31.xsd#us-gaap_StockIssuedDuringPeriodSharesNewIssues" xlink:label="loc_us-gaap_StockIssuedDuringPeriodSharesNewIssues_E6559F41F1AEF488B5A226B15BB96E00" xlink:type="locator" />
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    <link:label id="lab_us-gaap_StockIssuedDuringPeriodValueNewIssues_2B410AEF50FE6D85610A26B15BB9CA82_label_en-US" xlink:label="lab_us-gaap_StockIssuedDuringPeriodValueNewIssues_2B410AEF50FE6D85610A26B15BB9CA82" 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/2015/elts/us-gaap-2015-01-31.xsd#us-gaap_StockIssuedDuringPeriodValueNewIssues" xlink:label="loc_us-gaap_StockIssuedDuringPeriodValueNewIssues_2B410AEF50FE6D85610A26B15BB9CA82" xlink:type="locator" />
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    <link:label id="lab_us-gaap_StockIssuedDuringPeriodSharesStockOptionsExercised_0F1DCA96E50C6F3B758326B15BB9AA3D_terseLabel_en-US" xlink:label="lab_us-gaap_StockIssuedDuringPeriodSharesStockOptionsExercised_0F1DCA96E50C6F3B758326B15BB9AA3D" 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_0F1DCA96E50C6F3B758326B15BB9AA3D_label_en-US" xlink:label="lab_us-gaap_StockIssuedDuringPeriodSharesStockOptionsExercised_0F1DCA96E50C6F3B758326B15BB9AA3D" 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/2015/elts/us-gaap-2015-01-31.xsd#us-gaap_StockIssuedDuringPeriodSharesStockOptionsExercised" xlink:label="loc_us-gaap_StockIssuedDuringPeriodSharesStockOptionsExercised_0F1DCA96E50C6F3B758326B15BB9AA3D" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_StockIssuedDuringPeriodSharesStockOptionsExercised_0F1DCA96E50C6F3B758326B15BB9AA3D" xlink:to="lab_us-gaap_StockIssuedDuringPeriodSharesStockOptionsExercised_0F1DCA96E50C6F3B758326B15BB9AA3D" xlink:type="arc" />
    <link:label id="lab_us-gaap_StockIssuedDuringPeriodValueStockOptionsExercised_80D4FA616F9BF233F8B426B15BB91007_terseLabel_en-US" xlink:label="lab_us-gaap_StockIssuedDuringPeriodValueStockOptionsExercised_80D4FA616F9BF233F8B426B15BB91007" 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_80D4FA616F9BF233F8B426B15BB91007_label_en-US" xlink:label="lab_us-gaap_StockIssuedDuringPeriodValueStockOptionsExercised_80D4FA616F9BF233F8B426B15BB91007" 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/2015/elts/us-gaap-2015-01-31.xsd#us-gaap_StockIssuedDuringPeriodValueStockOptionsExercised" xlink:label="loc_us-gaap_StockIssuedDuringPeriodValueStockOptionsExercised_80D4FA616F9BF233F8B426B15BB91007" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_StockIssuedDuringPeriodValueStockOptionsExercised_80D4FA616F9BF233F8B426B15BB91007" xlink:to="lab_us-gaap_StockIssuedDuringPeriodValueStockOptionsExercised_80D4FA616F9BF233F8B426B15BB91007" xlink:type="arc" />
    <link:label id="lab_us-gaap_StockIssuedDuringPeriodSharesDividendReinvestmentPlan_D8C754C11266BDFF159E26B15BB9BCB2_terseLabel_en-US" xlink:label="lab_us-gaap_StockIssuedDuringPeriodSharesDividendReinvestmentPlan_D8C754C11266BDFF159E26B15BB9BCB2" 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>
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    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2015/elts/us-gaap-2015-01-31.xsd#us-gaap_StockIssuedDuringPeriodSharesDividendReinvestmentPlan" xlink:label="loc_us-gaap_StockIssuedDuringPeriodSharesDividendReinvestmentPlan_D8C754C11266BDFF159E26B15BB9BCB2" xlink:type="locator" />
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    <link:label id="lab_us-gaap_StockIssuedDuringPeriodValueDividendReinvestmentPlan_940C07981636DF14480726B15BB9DBBC_terseLabel_en-US" xlink:label="lab_us-gaap_StockIssuedDuringPeriodValueDividendReinvestmentPlan_940C07981636DF14480726B15BB9DBBC" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Shares issued under dividend reinvestment plan</link:label>
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    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2015/elts/us-gaap-2015-01-31.xsd#us-gaap_StockIssuedDuringPeriodValueDividendReinvestmentPlan" xlink:label="loc_us-gaap_StockIssuedDuringPeriodValueDividendReinvestmentPlan_940C07981636DF14480726B15BB9DBBC" xlink:type="locator" />
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    <link:label id="lab_frt_ShareBasedCompensationExpenseNetShares_079942410666F76E25B126B15BB95C4F_terseLabel_en-US" xlink:label="lab_frt_ShareBasedCompensationExpenseNetShares_079942410666F76E25B126B15BB95C4F" 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_079942410666F76E25B126B15BB95C4F_label_en-US" xlink:label="lab_frt_ShareBasedCompensationExpenseNetShares_079942410666F76E25B126B15BB95C4F" 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_079942410666F76E25B126B15BB95C4F_documentation_en-US" xlink:label="lab_frt_ShareBasedCompensationExpenseNetShares_079942410666F76E25B126B15BB95C4F" 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>
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    <link:label id="lab_frt_ShareBasedCompensationExpenseNetValue_0164E4361F3C6141D4CE26B15BB93113_verboseLabel_en-US" xlink:label="lab_frt_ShareBasedCompensationExpenseNetValue_0164E4361F3C6141D4CE26B15BB93113" 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>
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    <link:label id="lab_frt_ShareBasedCompensationExpenseNetValue_0164E4361F3C6141D4CE26B15BB93113_documentation_en-US" xlink:label="lab_frt_ShareBasedCompensationExpenseNetValue_0164E4361F3C6141D4CE26B15BB93113" 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_frt_Commonshareswithheldforemployeetaxes_2DDBB1CB481BE70780C526B15BB926A6_terseLabel_en-US" xlink:label="lab_frt_Commonshareswithheldforemployeetaxes_2DDBB1CB481BE70780C526B15BB926A6" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Shares withheld for employee taxes (in shares)</link:label>
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    <link:label id="lab_frt_Shareswithheldforemployeetaxesnetvalue_6280A498F372ED58C45E26B15BB9E8A4_negatedTerseLabel_en-US" xlink:label="lab_frt_Shareswithheldforemployeetaxesnetvalue_6280A498F372ED58C45E26B15BB9E8A4" 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:label id="lab_frt_Shareswithheldforemployeetaxesnetvalue_6280A498F372ED58C45E26B15BB9E8A4_documentation_en-US" xlink:label="lab_frt_Shareswithheldforemployeetaxesnetvalue_6280A498F372ED58C45E26B15BB9E8A4" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Shares withheld for employee taxes net value</link:label>
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    <link:label id="lab_frt_ConversionAndRedemptionOfOperatingPartnershipUnitsInShares_2527E005F4F580E395C426B15BB98A54_terseLabel_en-US" xlink:label="lab_frt_ConversionAndRedemptionOfOperatingPartnershipUnitsInShares_2527E005F4F580E395C426B15BB98A54" 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_us-gaap_LiabilitiesAbstract_0ACAAA93A69DBBC66A7D25BA9716B7BA_label_en-US" xlink:label="lab_us-gaap_LiabilitiesAbstract_0ACAAA93A69DBBC66A7D25BA9716B7BA" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Liabilities [Abstract]</link:label>
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