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    <link:label id="lab_us-gaap_StockIssuedDuringPeriodSharesDividendReinvestmentPlan_49100A0FC083417A001D46B03EE91C68_terseLabel_en-US" xlink:label="lab_us-gaap_StockIssuedDuringPeriodSharesDividendReinvestmentPlan_49100A0FC083417A001D46B03EE91C68" 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/2012/elts/us-gaap-2012-01-31.xsd#us-gaap_StockIssuedDuringPeriodSharesDividendReinvestmentPlan" xlink:label="loc_us-gaap_StockIssuedDuringPeriodSharesDividendReinvestmentPlan_49100A0FC083417A001D46B03EE91C68" xlink:type="locator" />
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    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2012/elts/us-gaap-2012-01-31.xsd#us-gaap_StockIssuedDuringPeriodValueDividendReinvestmentPlan" xlink:label="loc_us-gaap_StockIssuedDuringPeriodValueDividendReinvestmentPlan_5DB869AE5FBCA8C0F31D46B03EE9D9EA" xlink:type="locator" />
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    <link:label id="lab_frt_ShareBasedCompensationExpenseNetShares_0269C08A80ACDF08BC6046B03EE9D7A8_terseLabel_en-US" xlink:label="lab_frt_ShareBasedCompensationExpenseNetShares_0269C08A80ACDF08BC6046B03EE9D7A8" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Share-based compensation expense, net of shares withheld for employee taxes (in shares)</link:label>
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    <link:label id="lab_frt_ShareBasedCompensationExpenseNetShares_0269C08A80ACDF08BC6046B03EE9D7A8_documentation_en-US" xlink:label="lab_frt_ShareBasedCompensationExpenseNetShares_0269C08A80ACDF08BC6046B03EE9D7A8" 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_us-gaap_SharesOutstanding_BB988346C05090AEF08046B03EE90437_periodEndLabel_en-US" xlink:label="lab_us-gaap_SharesOutstanding_BB988346C05090AEF08046B03EE90437" xlink:role="http://www.xbrl.org/2003/role/periodEndLabel" xlink:type="resource" xml:lang="en-US">Ending balance (in shares)</link:label>
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    <link:label id="lab_frt_ScheduleOfDividendsDeclaredAndPaidPerShareTableTextBlock_E349B3A650C7A44F71325F57C37DC56F_documentation_en-US" xlink:label="lab_frt_ScheduleOfDividendsDeclaredAndPaidPerShareTableTextBlock_E349B3A650C7A44F71325F57C37DC56F" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Schedule of Dividends Declared and Paid Per Share [Table Text Block]</link:label>
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    <link:label id="lab_us-gaap_EarningsPerShareAbstract_640CDC356E42653534135BAACCEE3311_label_en-US" xlink:label="lab_us-gaap_EarningsPerShareAbstract_640CDC356E42653534135BAACCEE3311" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Earnings Per Share [Abstract]</link:label>
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    <link:label id="lab_us-gaap_IncomeLossFromContinuingOperationsIncludingPortionAttributableToNoncontrollingInterest_982619A077EDD0BB43275BAACCFECAD7_terseLabel_en-US" xlink:label="lab_us-gaap_IncomeLossFromContinuingOperationsIncludingPortionAttributableToNoncontrollingInterest_982619A077EDD0BB43275BAACCFECAD7" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Income from continuing operations</link:label>
    <link:label id="lab_us-gaap_IncomeLossFromContinuingOperationsIncludingPortionAttributableToNoncontrollingInterest_982619A077EDD0BB43275BAACCFECAD7_label_en-US" xlink:label="lab_us-gaap_IncomeLossFromContinuingOperationsIncludingPortionAttributableToNoncontrollingInterest_982619A077EDD0BB43275BAACCFECAD7" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Income (Loss) from Continuing Operations, Including Portion Attributable to Noncontrolling Interest</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2012/elts/us-gaap-2012-01-31.xsd#us-gaap_IncomeLossFromContinuingOperationsIncludingPortionAttributableToNoncontrollingInterest" xlink:label="loc_us-gaap_IncomeLossFromContinuingOperationsIncludingPortionAttributableToNoncontrollingInterest_982619A077EDD0BB43275BAACCFECAD7" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_IncomeLossFromContinuingOperationsIncludingPortionAttributableToNoncontrollingInterest_982619A077EDD0BB43275BAACCFECAD7" xlink:to="lab_us-gaap_IncomeLossFromContinuingOperationsIncludingPortionAttributableToNoncontrollingInterest_982619A077EDD0BB43275BAACCFECAD7" xlink:type="arc" />
    <link:label id="lab_us-gaap_PreferredStockDividendsIncomeStatementImpact_62421234E69E2BF649C65BAACCFEBC92_negatedLabel_en-US" xlink:label="lab_us-gaap_PreferredStockDividendsIncomeStatementImpact_62421234E69E2BF649C65BAACCFEBC92" xlink:role="http://www.xbrl.org/2009/role/negatedLabel" xlink:type="resource" xml:lang="en-US">Less: Preferred share dividends</link:label>
    <link:label id="lab_us-gaap_PreferredStockDividendsIncomeStatementImpact_62421234E69E2BF649C65BAACCFEBC92_label_en-US" xlink:label="lab_us-gaap_PreferredStockDividendsIncomeStatementImpact_62421234E69E2BF649C65BAACCFEBC92" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Preferred Stock Dividends, Income Statement Impact</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2012/elts/us-gaap-2012-01-31.xsd#us-gaap_PreferredStockDividendsIncomeStatementImpact" xlink:label="loc_us-gaap_PreferredStockDividendsIncomeStatementImpact_62421234E69E2BF649C65BAACCFEBC92" xlink:type="locator" />
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    <link:label id="lab_us-gaap_IncomeLossFromContinuingOperationsAttributableToNoncontrollingEntity_0572678D7A34EAA4C54F5BAACCFECAD1_negatedLabel_en-US" xlink:label="lab_us-gaap_IncomeLossFromContinuingOperationsAttributableToNoncontrollingEntity_0572678D7A34EAA4C54F5BAACCFECAD1" xlink:role="http://www.xbrl.org/2009/role/negatedLabel" xlink:type="resource" xml:lang="en-US">Less: Income from continuing operations attributable to noncontrolling interests</link:label>
    <link:label id="lab_us-gaap_IncomeLossFromContinuingOperationsAttributableToNoncontrollingEntity_0572678D7A34EAA4C54F5BAACCFECAD1_label_en-US" xlink:label="lab_us-gaap_IncomeLossFromContinuingOperationsAttributableToNoncontrollingEntity_0572678D7A34EAA4C54F5BAACCFECAD1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Income (Loss) from Continuing Operations Attributable to Noncontrolling Interest</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2012/elts/us-gaap-2012-01-31.xsd#us-gaap_IncomeLossFromContinuingOperationsAttributableToNoncontrollingEntity" xlink:label="loc_us-gaap_IncomeLossFromContinuingOperationsAttributableToNoncontrollingEntity_0572678D7A34EAA4C54F5BAACCFECAD1" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_IncomeLossFromContinuingOperationsAttributableToNoncontrollingEntity_0572678D7A34EAA4C54F5BAACCFECAD1" xlink:to="lab_us-gaap_IncomeLossFromContinuingOperationsAttributableToNoncontrollingEntity_0572678D7A34EAA4C54F5BAACCFECAD1" xlink:type="arc" />
    <link:label id="lab_frt_EarningsAllocatedToUnvestedShares_304019D1C221F6B0031F5BAACCFE29AA_negatedLabel_en-US" xlink:label="lab_frt_EarningsAllocatedToUnvestedShares_304019D1C221F6B0031F5BAACCFE29AA" xlink:role="http://www.xbrl.org/2009/role/negatedLabel" xlink:type="resource" xml:lang="en-US">Less: Earnings allocated to unvested shares</link:label>
    <link:label id="lab_frt_EarningsAllocatedToUnvestedShares_304019D1C221F6B0031F5BAACCFE29AA_label_en-US" xlink:label="lab_frt_EarningsAllocatedToUnvestedShares_304019D1C221F6B0031F5BAACCFE29AA" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Earnings Allocated To Unvested Shares</link:label>
    <link:label id="lab_frt_EarningsAllocatedToUnvestedShares_304019D1C221F6B0031F5BAACCFE29AA_documentation_en-US" xlink:label="lab_frt_EarningsAllocatedToUnvestedShares_304019D1C221F6B0031F5BAACCFE29AA" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Earnings allocated to unvested shares</link:label>
    <link:loc xlink:href="frt-20130331.xsd#frt_EarningsAllocatedToUnvestedShares" xlink:label="loc_frt_EarningsAllocatedToUnvestedShares_304019D1C221F6B0031F5BAACCFE29AA" xlink:type="locator" />
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    <link:label id="lab_frt_IncomeLossFromContinuingOperationsAvailableForCommonShareholders_C1E8F3EF119805E158075BAACCFE4D2A_totalLabel_en-US" xlink:label="lab_frt_IncomeLossFromContinuingOperationsAvailableForCommonShareholders_C1E8F3EF119805E158075BAACCFE4D2A" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:type="resource" xml:lang="en-US">Income from continuing operations available for common shareholders</link:label>
    <link:label id="lab_frt_IncomeLossFromContinuingOperationsAvailableForCommonShareholders_C1E8F3EF119805E158075BAACCFE4D2A_label_en-US" xlink:label="lab_frt_IncomeLossFromContinuingOperationsAvailableForCommonShareholders_C1E8F3EF119805E158075BAACCFE4D2A" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Income Loss From Continuing Operations Available For Common Shareholders</link:label>
    <link:label id="lab_frt_IncomeLossFromContinuingOperationsAvailableForCommonShareholders_C1E8F3EF119805E158075BAACCFE4D2A_documentation_en-US" xlink:label="lab_frt_IncomeLossFromContinuingOperationsAvailableForCommonShareholders_C1E8F3EF119805E158075BAACCFE4D2A" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">This element represents the income or loss from continuing operations attributable to the parent after earnings allocated to unvested shares and adjustments for dividends on preferred stock.</link:label>
    <link:loc xlink:href="frt-20130331.xsd#frt_IncomeLossFromContinuingOperationsAvailableForCommonShareholders" xlink:label="loc_frt_IncomeLossFromContinuingOperationsAvailableForCommonShareholders_C1E8F3EF119805E158075BAACCFE4D2A" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_frt_IncomeLossFromContinuingOperationsAvailableForCommonShareholders_C1E8F3EF119805E158075BAACCFE4D2A" xlink:to="lab_frt_IncomeLossFromContinuingOperationsAvailableForCommonShareholders_C1E8F3EF119805E158075BAACCFE4D2A" xlink:type="arc" />
    <link:label id="lab_frt_GainLossOnSaleOfPropertiesInRealEstatePartnership_E7634840208A773464975BAACCFED29F_terseLabel_en-US" xlink:label="lab_frt_GainLossOnSaleOfPropertiesInRealEstatePartnership_E7634840208A773464975BAACCFED29F" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Gain On Sale Of Real Estate in Real Estate Partnership</link:label>
    <link:label id="lab_frt_GainLossOnSaleOfPropertiesInRealEstatePartnership_E7634840208A773464975BAACCFED29F_label_en-US" xlink:label="lab_frt_GainLossOnSaleOfPropertiesInRealEstatePartnership_E7634840208A773464975BAACCFED29F" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Gain Loss On Sale Of Properties in Real Estate Partnership</link:label>
    <link:label id="lab_frt_GainLossOnSaleOfPropertiesInRealEstatePartnership_E7634840208A773464975BAACCFED29F_documentation_en-US" xlink:label="lab_frt_GainLossOnSaleOfPropertiesInRealEstatePartnership_E7634840208A773464975BAACCFED29F" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Gain loss on sale of properties in real estate partnership</link:label>
    <link:loc xlink:href="frt-20130331.xsd#frt_GainLossOnSaleOfPropertiesInRealEstatePartnership" xlink:label="loc_frt_GainLossOnSaleOfPropertiesInRealEstatePartnership_E7634840208A773464975BAACCFED29F" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_frt_GainLossOnSaleOfPropertiesInRealEstatePartnership_E7634840208A773464975BAACCFED29F" xlink:to="lab_frt_GainLossOnSaleOfPropertiesInRealEstatePartnership_E7634840208A773464975BAACCFED29F" xlink:type="arc" />
    <link:label id="lab_frt_NetIncomeAvailableForCommonShareholdersBasicAndDiluted_3A9E04CAE55F9DED00DD5BAACCFE08C4_totalLabel_en-US" xlink:label="lab_frt_NetIncomeAvailableForCommonShareholdersBasicAndDiluted_3A9E04CAE55F9DED00DD5BAACCFE08C4" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:type="resource" xml:lang="en-US">Net income available for common shareholders, basic and diluted</link:label>
    <link:label id="lab_frt_NetIncomeAvailableForCommonShareholdersBasicAndDiluted_3A9E04CAE55F9DED00DD5BAACCFE08C4_label_en-US" xlink:label="lab_frt_NetIncomeAvailableForCommonShareholdersBasicAndDiluted_3A9E04CAE55F9DED00DD5BAACCFE08C4" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Net income available for common shareholders, basic and diluted</link:label>
    <link:label id="lab_frt_NetIncomeAvailableForCommonShareholdersBasicAndDiluted_3A9E04CAE55F9DED00DD5BAACCFE08C4_documentation_en-US" xlink:label="lab_frt_NetIncomeAvailableForCommonShareholdersBasicAndDiluted_3A9E04CAE55F9DED00DD5BAACCFE08C4" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Net income after adjustments for dividends on preferred stock and earnings allocated to unvested shares.</link:label>
    <link:loc xlink:href="frt-20130331.xsd#frt_NetIncomeAvailableForCommonShareholdersBasicAndDiluted" xlink:label="loc_frt_NetIncomeAvailableForCommonShareholdersBasicAndDiluted_3A9E04CAE55F9DED00DD5BAACCFE08C4" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_frt_NetIncomeAvailableForCommonShareholdersBasicAndDiluted_3A9E04CAE55F9DED00DD5BAACCFE08C4" xlink:to="lab_frt_NetIncomeAvailableForCommonShareholdersBasicAndDiluted_3A9E04CAE55F9DED00DD5BAACCFE08C4" xlink:type="arc" />
    <link:label id="lab_us-gaap_WeightedAverageNumberOfSharesOutstandingBasic_FA5C9A1533C82CFF3EB55BAACCFE9159_terseLabel_en-US" xlink:label="lab_us-gaap_WeightedAverageNumberOfSharesOutstandingBasic_FA5C9A1533C82CFF3EB55BAACCFE9159" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Weighted average common shares outstanding-basic</link:label>
    <link:label id="lab_us-gaap_WeightedAverageNumberOfSharesOutstandingBasic_FA5C9A1533C82CFF3EB55BAACCFE9159_label_en-US" xlink:label="lab_us-gaap_WeightedAverageNumberOfSharesOutstandingBasic_FA5C9A1533C82CFF3EB55BAACCFE9159" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Weighted Average Number of Shares Outstanding, Basic</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2012/elts/us-gaap-2012-01-31.xsd#us-gaap_WeightedAverageNumberOfSharesOutstandingBasic" xlink:label="loc_us-gaap_WeightedAverageNumberOfSharesOutstandingBasic_FA5C9A1533C82CFF3EB55BAACCFE9159" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_WeightedAverageNumberOfSharesOutstandingBasic_FA5C9A1533C82CFF3EB55BAACCFE9159" xlink:to="lab_us-gaap_WeightedAverageNumberOfSharesOutstandingBasic_FA5C9A1533C82CFF3EB55BAACCFE9159" xlink:type="arc" />
    <link:label id="lab_us-gaap_IncrementalCommonSharesAttributableToShareBasedPaymentArrangements_44FAEE9499BF5E7A57E55BAACCFE3966_terseLabel_en-US" xlink:label="lab_us-gaap_IncrementalCommonSharesAttributableToShareBasedPaymentArrangements_44FAEE9499BF5E7A57E55BAACCFE3966" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Stock options</link:label>
    <link:label id="lab_us-gaap_IncrementalCommonSharesAttributableToShareBasedPaymentArrangements_44FAEE9499BF5E7A57E55BAACCFE3966_label_en-US" xlink:label="lab_us-gaap_IncrementalCommonSharesAttributableToShareBasedPaymentArrangements_44FAEE9499BF5E7A57E55BAACCFE3966" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Incremental Common Shares Attributable to Share-based Payment Arrangements</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2012/elts/us-gaap-2012-01-31.xsd#us-gaap_IncrementalCommonSharesAttributableToShareBasedPaymentArrangements" xlink:label="loc_us-gaap_IncrementalCommonSharesAttributableToShareBasedPaymentArrangements_44FAEE9499BF5E7A57E55BAACCFE3966" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_IncrementalCommonSharesAttributableToShareBasedPaymentArrangements_44FAEE9499BF5E7A57E55BAACCFE3966" xlink:to="lab_us-gaap_IncrementalCommonSharesAttributableToShareBasedPaymentArrangements_44FAEE9499BF5E7A57E55BAACCFE3966" xlink:type="arc" />
    <link:label id="lab_us-gaap_WeightedAverageNumberOfDilutedSharesOutstanding_99ED18513A5C8C0BCFF15BAACCFE0DEE_totalLabel_en-US" xlink:label="lab_us-gaap_WeightedAverageNumberOfDilutedSharesOutstanding_99ED18513A5C8C0BCFF15BAACCFE0DEE" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:type="resource" xml:lang="en-US">Weighted average common shares outstanding-diluted</link:label>
    <link:label id="lab_us-gaap_WeightedAverageNumberOfDilutedSharesOutstanding_99ED18513A5C8C0BCFF15BAACCFE0DEE_label_en-US" xlink:label="lab_us-gaap_WeightedAverageNumberOfDilutedSharesOutstanding_99ED18513A5C8C0BCFF15BAACCFE0DEE" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Weighted Average Number of Shares Outstanding, Diluted</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2012/elts/us-gaap-2012-01-31.xsd#us-gaap_WeightedAverageNumberOfDilutedSharesOutstanding" xlink:label="loc_us-gaap_WeightedAverageNumberOfDilutedSharesOutstanding_99ED18513A5C8C0BCFF15BAACCFE0DEE" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_WeightedAverageNumberOfDilutedSharesOutstanding_99ED18513A5C8C0BCFF15BAACCFE0DEE" xlink:to="lab_us-gaap_WeightedAverageNumberOfDilutedSharesOutstanding_99ED18513A5C8C0BCFF15BAACCFE0DEE" xlink:type="arc" />
    <link:label id="lab_us-gaap_IncomeLossFromContinuingOperationsPerBasicShare_DE883B8F06B67DB3673C5BAACCFEFA92_verboseLabel_en-US" xlink:label="lab_us-gaap_IncomeLossFromContinuingOperationsPerBasicShare_DE883B8F06B67DB3673C5BAACCFEFA92" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:type="resource" xml:lang="en-US">Continuing operations</link:label>
    <link:label id="lab_us-gaap_IncomeLossFromContinuingOperationsPerBasicShare_DE883B8F06B67DB3673C5BAACCFEFA92_label_en-US" xlink:label="lab_us-gaap_IncomeLossFromContinuingOperationsPerBasicShare_DE883B8F06B67DB3673C5BAACCFEFA92" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Income (Loss) from Continuing Operations, Per Basic Share</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2012/elts/us-gaap-2012-01-31.xsd#us-gaap_IncomeLossFromContinuingOperationsPerBasicShare" xlink:label="loc_us-gaap_IncomeLossFromContinuingOperationsPerBasicShare_DE883B8F06B67DB3673C5BAACCFEFA92" xlink:type="locator" />
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    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_ProductOrServiceAxis_A75D99CC13A5F8A304195F57C35E2C76" xlink:to="lab_us-gaap_ProductOrServiceAxis_A75D99CC13A5F8A304195F57C35E2C76" xlink:type="arc" />
    <link:label id="lab_us-gaap_ProductsAndServicesDomain_97D3D9CF3A2B207F10315F57C35EBCF2_label_en-US" xlink:label="lab_us-gaap_ProductsAndServicesDomain_97D3D9CF3A2B207F10315F57C35EBCF2" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Products and Services [Domain]</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2012/elts/us-gaap-2012-01-31.xsd#us-gaap_ProductsAndServicesDomain" xlink:label="loc_us-gaap_ProductsAndServicesDomain_97D3D9CF3A2B207F10315F57C35EBCF2" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_ProductsAndServicesDomain_97D3D9CF3A2B207F10315F57C35EBCF2" xlink:to="lab_us-gaap_ProductsAndServicesDomain_97D3D9CF3A2B207F10315F57C35EBCF2" xlink:type="arc" />
    <link:label id="lab_us-gaap_CommercialRealEstateMember_BB7355F8F2D14BF34A875F57C35EBA6C_label_en-US" xlink:label="lab_us-gaap_CommercialRealEstateMember_BB7355F8F2D14BF34A875F57C35EBA6C" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Commercial Real Estate [Member]</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2012/elts/us-gaap-2012-01-31.xsd#us-gaap_CommercialRealEstateMember" xlink:label="loc_us-gaap_CommercialRealEstateMember_BB7355F8F2D14BF34A875F57C35EBA6C" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_CommercialRealEstateMember_BB7355F8F2D14BF34A875F57C35EBA6C" xlink:to="lab_us-gaap_CommercialRealEstateMember_BB7355F8F2D14BF34A875F57C35EBA6C" xlink:type="arc" />
    <link:label id="lab_us-gaap_ResidentialRealEstateMember_297143B034252BA9377C5F57C35ED3A7_label_en-US" xlink:label="lab_us-gaap_ResidentialRealEstateMember_297143B034252BA9377C5F57C35ED3A7" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Residential Real Estate [Member]</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2012/elts/us-gaap-2012-01-31.xsd#us-gaap_ResidentialRealEstateMember" xlink:label="loc_us-gaap_ResidentialRealEstateMember_297143B034252BA9377C5F57C35ED3A7" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_ResidentialRealEstateMember_297143B034252BA9377C5F57C35ED3A7" xlink:to="lab_us-gaap_ResidentialRealEstateMember_297143B034252BA9377C5F57C35ED3A7" xlink:type="arc" />
    <link:label id="lab_us-gaap_OperatingLeasesIncomeStatementMinimumLeaseRevenue_5D4EF9AE440F94E2DE125F57C35E2422_terseLabel_en-US" xlink:label="lab_us-gaap_OperatingLeasesIncomeStatementMinimumLeaseRevenue_5D4EF9AE440F94E2DE125F57C35E2422" 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_5D4EF9AE440F94E2DE125F57C35E2422_label_en-US" xlink:label="lab_us-gaap_OperatingLeasesIncomeStatementMinimumLeaseRevenue_5D4EF9AE440F94E2DE125F57C35E2422" 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/2012/elts/us-gaap-2012-01-31.xsd#us-gaap_OperatingLeasesIncomeStatementMinimumLeaseRevenue" xlink:label="loc_us-gaap_OperatingLeasesIncomeStatementMinimumLeaseRevenue_5D4EF9AE440F94E2DE125F57C35E2422" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_OperatingLeasesIncomeStatementMinimumLeaseRevenue_5D4EF9AE440F94E2DE125F57C35E2422" xlink:to="lab_us-gaap_OperatingLeasesIncomeStatementMinimumLeaseRevenue_5D4EF9AE440F94E2DE125F57C35E2422" xlink:type="arc" />
    <link:label id="lab_us-gaap_TenantReimbursements_93D0722BD69899CC12215F57C35E6DBF_terseLabel_en-US" xlink:label="lab_us-gaap_TenantReimbursements_93D0722BD69899CC12215F57C35E6DBF" 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_93D0722BD69899CC12215F57C35E6DBF_label_en-US" xlink:label="lab_us-gaap_TenantReimbursements_93D0722BD69899CC12215F57C35E6DBF" 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/2012/elts/us-gaap-2012-01-31.xsd#us-gaap_TenantReimbursements" xlink:label="loc_us-gaap_TenantReimbursements_93D0722BD69899CC12215F57C35E6DBF" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_TenantReimbursements_93D0722BD69899CC12215F57C35E6DBF" xlink:to="lab_us-gaap_TenantReimbursements_93D0722BD69899CC12215F57C35E6DBF" xlink:type="arc" />
    <link:label id="lab_us-gaap_PercentageRent_F56C96F8586F24EDDF395F57C35E5518_terseLabel_en-US" xlink:label="lab_us-gaap_PercentageRent_F56C96F8586F24EDDF395F57C35E5518" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Percentage rent</link:label>
    <link:label id="lab_us-gaap_PercentageRent_F56C96F8586F24EDDF395F57C35E5518_label_en-US" xlink:label="lab_us-gaap_PercentageRent_F56C96F8586F24EDDF395F57C35E5518" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Operating Leases, Income Statement, Percentage Revenue</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2012/elts/us-gaap-2012-01-31.xsd#us-gaap_PercentageRent" xlink:label="loc_us-gaap_PercentageRent_F56C96F8586F24EDDF395F57C35E5518" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_PercentageRent_F56C96F8586F24EDDF395F57C35E5518" xlink:to="lab_us-gaap_PercentageRent_F56C96F8586F24EDDF395F57C35E5518" xlink:type="arc" />
    <link:label id="lab_frt_OtherRentalIncome_DAEDA05DEC2AE1A4B7A85F57C35EEFD7_terseLabel_en-US" xlink:label="lab_frt_OtherRentalIncome_DAEDA05DEC2AE1A4B7A85F57C35EEFD7" 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_DAEDA05DEC2AE1A4B7A85F57C35EEFD7_label_en-US" xlink:label="lab_frt_OtherRentalIncome_DAEDA05DEC2AE1A4B7A85F57C35EEFD7" 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_DAEDA05DEC2AE1A4B7A85F57C35EEFD7_documentation_en-US" xlink:label="lab_frt_OtherRentalIncome_DAEDA05DEC2AE1A4B7A85F57C35EEFD7" 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-20130331.xsd#frt_OtherRentalIncome" xlink:label="loc_frt_OtherRentalIncome_DAEDA05DEC2AE1A4B7A85F57C35EEFD7" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_frt_OtherRentalIncome_DAEDA05DEC2AE1A4B7A85F57C35EEFD7" xlink:to="lab_frt_OtherRentalIncome_DAEDA05DEC2AE1A4B7A85F57C35EEFD7" xlink:type="arc" />
    <link:label id="lab_frt_RentalIncome_920A8A6539F068A81A455F57C35EEB1C_terseLabel_en-US" xlink:label="lab_frt_RentalIncome_920A8A6539F068A81A455F57C35EEB1C" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Total rental income</link:label>
    <link:label id="lab_frt_RentalIncome_920A8A6539F068A81A455F57C35EEB1C_label_en-US" xlink:label="lab_frt_RentalIncome_920A8A6539F068A81A455F57C35EEB1C" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Rental income</link:label>
    <link:label id="lab_frt_RentalIncome_920A8A6539F068A81A455F57C35EEB1C_documentation_en-US" xlink:label="lab_frt_RentalIncome_920A8A6539F068A81A455F57C35EEB1C" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">The total amount of rental revenue recognized for the period from real estate operations, including minimum rent, straight-line rent, percentage rent and tenant reimbursements.</link:label>
    <link:loc xlink:href="frt-20130331.xsd#frt_RentalIncome" xlink:label="loc_frt_RentalIncome_920A8A6539F068A81A455F57C35EEB1C" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_frt_RentalIncome_920A8A6539F068A81A455F57C35EEB1C" xlink:to="lab_frt_RentalIncome_920A8A6539F068A81A455F57C35EEB1C" xlink:type="arc" />
    <link:label id="lab_us-gaap_FairValueDisclosuresTextBlock_3F9D69527332531C87E75F57C486DC15_verboseLabel_en-US" xlink:label="lab_us-gaap_FairValueDisclosuresTextBlock_3F9D69527332531C87E75F57C486DC15" 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_3F9D69527332531C87E75F57C486DC15_label_en-US" xlink:label="lab_us-gaap_FairValueDisclosuresTextBlock_3F9D69527332531C87E75F57C486DC15" 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/2012/elts/us-gaap-2012-01-31.xsd#us-gaap_FairValueDisclosuresTextBlock" xlink:label="loc_us-gaap_FairValueDisclosuresTextBlock_3F9D69527332531C87E75F57C486DC15" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_FairValueDisclosuresTextBlock_3F9D69527332531C87E75F57C486DC15" xlink:to="lab_us-gaap_FairValueDisclosuresTextBlock_3F9D69527332531C87E75F57C486DC15" xlink:type="arc" />
    <link:label id="lab_us-gaap_IncomeStatementAbstract_09E977D991E093A2D37646AA4D430489_label_en-US" xlink:label="lab_us-gaap_IncomeStatementAbstract_09E977D991E093A2D37646AA4D430489" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Income Statement [Abstract]</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2012/elts/us-gaap-2012-01-31.xsd#us-gaap_IncomeStatementAbstract" xlink:label="loc_us-gaap_IncomeStatementAbstract_09E977D991E093A2D37646AA4D430489" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_IncomeStatementAbstract_09E977D991E093A2D37646AA4D430489" xlink:to="lab_us-gaap_IncomeStatementAbstract_09E977D991E093A2D37646AA4D430489" xlink:type="arc" />
    <link:label id="lab_dei_LegalEntityAxis_DC3D030C226A5CB6931046AA4D430B16_terseLabel_en-US" xlink:label="lab_dei_LegalEntityAxis_DC3D030C226A5CB6931046AA4D430B16" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Legal Entity [Axis]</link:label>
    <link:label id="lab_dei_LegalEntityAxis_DC3D030C226A5CB6931046AA4D430B16_label_en-US" xlink:label="lab_dei_LegalEntityAxis_DC3D030C226A5CB6931046AA4D430B16" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Legal Entity [Axis]</link:label>
    <link:loc xlink:href="http://xbrl.sec.gov/dei/2012/dei-2012-01-31.xsd#dei_LegalEntityAxis" xlink:label="loc_dei_LegalEntityAxis_DC3D030C226A5CB6931046AA4D430B16" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_dei_LegalEntityAxis_DC3D030C226A5CB6931046AA4D430B16" xlink:to="lab_dei_LegalEntityAxis_DC3D030C226A5CB6931046AA4D430B16" xlink:type="arc" />
    <link:label id="lab_dei_EntityDomain_A8272A56DA6F28E1297646AA4D43203A_terseLabel_en-US" xlink:label="lab_dei_EntityDomain_A8272A56DA6F28E1297646AA4D43203A" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Entity [Domain]</link:label>
    <link:label id="lab_dei_EntityDomain_A8272A56DA6F28E1297646AA4D43203A_label_en-US" xlink:label="lab_dei_EntityDomain_A8272A56DA6F28E1297646AA4D43203A" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Entity [Domain]</link:label>
    <link:loc xlink:href="http://xbrl.sec.gov/dei/2012/dei-2012-01-31.xsd#dei_EntityDomain" xlink:label="loc_dei_EntityDomain_A8272A56DA6F28E1297646AA4D43203A" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_dei_EntityDomain_A8272A56DA6F28E1297646AA4D43203A" xlink:to="lab_dei_EntityDomain_A8272A56DA6F28E1297646AA4D43203A" xlink:type="arc" />
    <link:label id="lab_us-gaap_RevenuesAbstract_92D5F5C980CC2E8FA11946AA4D43A8CF_terseLabel_en-US" xlink:label="lab_us-gaap_RevenuesAbstract_92D5F5C980CC2E8FA11946AA4D43A8CF" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">REVENUE</link:label>
    <link:label id="lab_us-gaap_RevenuesAbstract_92D5F5C980CC2E8FA11946AA4D43A8CF_label_en-US" xlink:label="lab_us-gaap_RevenuesAbstract_92D5F5C980CC2E8FA11946AA4D43A8CF" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Revenues [Abstract]</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2012/elts/us-gaap-2012-01-31.xsd#us-gaap_RevenuesAbstract" xlink:label="loc_us-gaap_RevenuesAbstract_92D5F5C980CC2E8FA11946AA4D43A8CF" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_RevenuesAbstract_92D5F5C980CC2E8FA11946AA4D43A8CF" xlink:to="lab_us-gaap_RevenuesAbstract_92D5F5C980CC2E8FA11946AA4D43A8CF" xlink:type="arc" />
    <link:label id="lab_frt_RentalIncome_E6C19B9DE71D52F6BF2246AA4D437800_verboseLabel_en-US" xlink:label="lab_frt_RentalIncome_E6C19B9DE71D52F6BF2246AA4D437800" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:type="resource" xml:lang="en-US">Rental income</link:label>
    <link:loc xlink:href="frt-20130331.xsd#frt_RentalIncome" xlink:label="loc_frt_RentalIncome_E6C19B9DE71D52F6BF2246AA4D437800" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_frt_RentalIncome_E6C19B9DE71D52F6BF2246AA4D437800" xlink:to="lab_frt_RentalIncome_E6C19B9DE71D52F6BF2246AA4D437800" xlink:type="arc" />
    <link:label id="lab_us-gaap_OtherRealEstateRevenue_1364D57484CAC53D199546AA4D43B179_terseLabel_en-US" xlink:label="lab_us-gaap_OtherRealEstateRevenue_1364D57484CAC53D199546AA4D43B179" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Other property income</link:label>
    <link:label id="lab_us-gaap_OtherRealEstateRevenue_1364D57484CAC53D199546AA4D43B179_label_en-US" xlink:label="lab_us-gaap_OtherRealEstateRevenue_1364D57484CAC53D199546AA4D43B179" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Other Real Estate Revenue</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2012/elts/us-gaap-2012-01-31.xsd#us-gaap_OtherRealEstateRevenue" xlink:label="loc_us-gaap_OtherRealEstateRevenue_1364D57484CAC53D199546AA4D43B179" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_OtherRealEstateRevenue_1364D57484CAC53D199546AA4D43B179" xlink:to="lab_us-gaap_OtherRealEstateRevenue_1364D57484CAC53D199546AA4D43B179" xlink:type="arc" />
    <link:label id="lab_frt_RevenueMortgageInterest_271279848A167C96BF3D46AA4D43ADDD_terseLabel_en-US" xlink:label="lab_frt_RevenueMortgageInterest_271279848A167C96BF3D46AA4D43ADDD" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Mortgage interest income</link:label>
    <link:label id="lab_frt_RevenueMortgageInterest_271279848A167C96BF3D46AA4D43ADDD_label_en-US" xlink:label="lab_frt_RevenueMortgageInterest_271279848A167C96BF3D46AA4D43ADDD" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Revenue Mortgage Interest</link:label>
    <link:label id="lab_frt_RevenueMortgageInterest_271279848A167C96BF3D46AA4D43ADDD_documentation_en-US" xlink:label="lab_frt_RevenueMortgageInterest_271279848A167C96BF3D46AA4D43ADDD" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Interest income earned from mortgage notes receivable.</link:label>
    <link:loc xlink:href="frt-20130331.xsd#frt_RevenueMortgageInterest" xlink:label="loc_frt_RevenueMortgageInterest_271279848A167C96BF3D46AA4D43ADDD" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_frt_RevenueMortgageInterest_271279848A167C96BF3D46AA4D43ADDD" xlink:to="lab_frt_RevenueMortgageInterest_271279848A167C96BF3D46AA4D43ADDD" xlink:type="arc" />
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    <link:label id="lab_us-gaap_AssetsAbstract_3083997343747EC82F1C18929A523105_label_en-US" xlink:label="lab_us-gaap_AssetsAbstract_3083997343747EC82F1C18929A523105" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Assets [Abstract]</link:label>
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    <link:label id="lab_us-gaap_RentalProperties_5EC8623E630047F1706118929A5209AC_terseLabel_en-US" xlink:label="lab_us-gaap_RentalProperties_5EC8623E630047F1706118929A5209AC" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Operating (including $278,885 and $278,826 of consolidated variable interest entities, respectively)</link:label>
    <link:label id="lab_us-gaap_RentalProperties_5EC8623E630047F1706118929A5209AC_label_en-US" xlink:label="lab_us-gaap_RentalProperties_5EC8623E630047F1706118929A5209AC" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Rental Properties</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2012/elts/us-gaap-2012-01-31.xsd#us-gaap_RentalProperties" xlink:label="loc_us-gaap_RentalProperties_5EC8623E630047F1706118929A5209AC" xlink:type="locator" />
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    <link:label id="lab_us-gaap_ConstructionInProgressGross_F7B5EEE757DD5E18943A18929A529957_terseLabel_en-US" xlink:label="lab_us-gaap_ConstructionInProgressGross_F7B5EEE757DD5E18943A18929A529957" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Construction-in-progress</link:label>
    <link:label id="lab_us-gaap_ConstructionInProgressGross_F7B5EEE757DD5E18943A18929A529957_label_en-US" xlink:label="lab_us-gaap_ConstructionInProgressGross_F7B5EEE757DD5E18943A18929A529957" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Construction in Progress, Gross</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2012/elts/us-gaap-2012-01-31.xsd#us-gaap_ConstructionInProgressGross" xlink:label="loc_us-gaap_ConstructionInProgressGross_F7B5EEE757DD5E18943A18929A529957" xlink:type="locator" />
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    <link:label id="lab_us-gaap_RealEstateInvestmentPropertyAtCost_688916547F875025697118929A5217BB_totalLabel_en-US" xlink:label="lab_us-gaap_RealEstateInvestmentPropertyAtCost_688916547F875025697118929A5217BB" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:type="resource" xml:lang="en-US">Real Estate Investment Property, At Cost, Total</link:label>
    <link:label id="lab_us-gaap_RealEstateInvestmentPropertyAtCost_688916547F875025697118929A5217BB_label_en-US" xlink:label="lab_us-gaap_RealEstateInvestmentPropertyAtCost_688916547F875025697118929A5217BB" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Real Estate Investment Property, at Cost</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2012/elts/us-gaap-2012-01-31.xsd#us-gaap_RealEstateInvestmentPropertyAtCost" xlink:label="loc_us-gaap_RealEstateInvestmentPropertyAtCost_688916547F875025697118929A5217BB" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_RealEstateInvestmentPropertyAtCost_688916547F875025697118929A5217BB" xlink:to="lab_us-gaap_RealEstateInvestmentPropertyAtCost_688916547F875025697118929A5217BB" xlink:type="arc" />
    <link:label id="lab_us-gaap_RealEstateInvestmentPropertyAccumulatedDepreciation_0C0BF4F197DA8FF8DC8618929A52F725_negatedLabel_en-US" xlink:label="lab_us-gaap_RealEstateInvestmentPropertyAccumulatedDepreciation_0C0BF4F197DA8FF8DC8618929A52F725" xlink:role="http://www.xbrl.org/2009/role/negatedLabel" xlink:type="resource" xml:lang="en-US">Less accumulated depreciation and amortization (including $13,801 and $12,024 of consolidated variable interest entities, respectively)</link:label>
    <link:label id="lab_us-gaap_RealEstateInvestmentPropertyAccumulatedDepreciation_0C0BF4F197DA8FF8DC8618929A52F725_label_en-US" xlink:label="lab_us-gaap_RealEstateInvestmentPropertyAccumulatedDepreciation_0C0BF4F197DA8FF8DC8618929A52F725" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Real Estate Investment Property, Accumulated Depreciation</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2012/elts/us-gaap-2012-01-31.xsd#us-gaap_RealEstateInvestmentPropertyAccumulatedDepreciation" xlink:label="loc_us-gaap_RealEstateInvestmentPropertyAccumulatedDepreciation_0C0BF4F197DA8FF8DC8618929A52F725" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_RealEstateInvestmentPropertyAccumulatedDepreciation_0C0BF4F197DA8FF8DC8618929A52F725" xlink:to="lab_us-gaap_RealEstateInvestmentPropertyAccumulatedDepreciation_0C0BF4F197DA8FF8DC8618929A52F725" xlink:type="arc" />
    <link:label id="lab_us-gaap_RealEstateInvestmentPropertyNet_DD0114EDB5905A5512D618929A520F01_totalLabel_en-US" xlink:label="lab_us-gaap_RealEstateInvestmentPropertyNet_DD0114EDB5905A5512D618929A520F01" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:type="resource" xml:lang="en-US">Net real estate</link:label>
    <link:label id="lab_us-gaap_RealEstateInvestmentPropertyNet_DD0114EDB5905A5512D618929A520F01_label_en-US" xlink:label="lab_us-gaap_RealEstateInvestmentPropertyNet_DD0114EDB5905A5512D618929A520F01" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Real Estate Investment Property, Net</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2012/elts/us-gaap-2012-01-31.xsd#us-gaap_RealEstateInvestmentPropertyNet" xlink:label="loc_us-gaap_RealEstateInvestmentPropertyNet_DD0114EDB5905A5512D618929A520F01" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_RealEstateInvestmentPropertyNet_DD0114EDB5905A5512D618929A520F01" xlink:to="lab_us-gaap_RealEstateInvestmentPropertyNet_DD0114EDB5905A5512D618929A520F01" xlink:type="arc" />
    <link:label id="lab_us-gaap_CashAndCashEquivalentsAtCarryingValue_BBA3806EEDF8F2B8CAAF18929A526539_terseLabel_en-US" xlink:label="lab_us-gaap_CashAndCashEquivalentsAtCarryingValue_BBA3806EEDF8F2B8CAAF18929A526539" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Cash and cash equivalents</link:label>
    <link:label id="lab_us-gaap_CashAndCashEquivalentsAtCarryingValue_BBA3806EEDF8F2B8CAAF18929A526539_label_en-US" xlink:label="lab_us-gaap_CashAndCashEquivalentsAtCarryingValue_BBA3806EEDF8F2B8CAAF18929A526539" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Cash and Cash Equivalents, at Carrying Value</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2012/elts/us-gaap-2012-01-31.xsd#us-gaap_CashAndCashEquivalentsAtCarryingValue" xlink:label="loc_us-gaap_CashAndCashEquivalentsAtCarryingValue_BBA3806EEDF8F2B8CAAF18929A526539" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_CashAndCashEquivalentsAtCarryingValue_BBA3806EEDF8F2B8CAAF18929A526539" xlink:to="lab_us-gaap_CashAndCashEquivalentsAtCarryingValue_BBA3806EEDF8F2B8CAAF18929A526539" xlink:type="arc" />
    <link:label id="lab_us-gaap_AccountsAndNotesReceivableNet_00527E834A3AF0CCF9C518929A52C022_terseLabel_en-US" xlink:label="lab_us-gaap_AccountsAndNotesReceivableNet_00527E834A3AF0CCF9C518929A52C022" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Accounts and notes receivable, net</link:label>
    <link:label id="lab_us-gaap_AccountsAndNotesReceivableNet_00527E834A3AF0CCF9C518929A52C022_label_en-US" xlink:label="lab_us-gaap_AccountsAndNotesReceivableNet_00527E834A3AF0CCF9C518929A52C022" 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/2012/elts/us-gaap-2012-01-31.xsd#us-gaap_AccountsAndNotesReceivableNet" xlink:label="loc_us-gaap_AccountsAndNotesReceivableNet_00527E834A3AF0CCF9C518929A52C022" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_AccountsAndNotesReceivableNet_00527E834A3AF0CCF9C518929A52C022" xlink:to="lab_us-gaap_AccountsAndNotesReceivableNet_00527E834A3AF0CCF9C518929A52C022" xlink:type="arc" />
    <link:label id="lab_us-gaap_MortgageLoansOnRealEstateCommercialAndConsumerNet_3060293E467BED14445C18929A526521_terseLabel_en-US" xlink:label="lab_us-gaap_MortgageLoansOnRealEstateCommercialAndConsumerNet_3060293E467BED14445C18929A526521" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Mortgage notes receivable, net</link:label>
    <link:label id="lab_us-gaap_MortgageLoansOnRealEstateCommercialAndConsumerNet_3060293E467BED14445C18929A526521_label_en-US" xlink:label="lab_us-gaap_MortgageLoansOnRealEstateCommercialAndConsumerNet_3060293E467BED14445C18929A526521" 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/2012/elts/us-gaap-2012-01-31.xsd#us-gaap_MortgageLoansOnRealEstateCommercialAndConsumerNet" xlink:label="loc_us-gaap_MortgageLoansOnRealEstateCommercialAndConsumerNet_3060293E467BED14445C18929A526521" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_MortgageLoansOnRealEstateCommercialAndConsumerNet_3060293E467BED14445C18929A526521" xlink:to="lab_us-gaap_MortgageLoansOnRealEstateCommercialAndConsumerNet_3060293E467BED14445C18929A526521" xlink:type="arc" />
    <link:label id="lab_us-gaap_InvestmentsInAffiliatesSubsidiariesAssociatesAndJointVentures_4D98C33D1DB8027FF5DE18929A529FCE_verboseLabel_en-US" xlink:label="lab_us-gaap_InvestmentsInAffiliatesSubsidiariesAssociatesAndJointVentures_4D98C33D1DB8027FF5DE18929A529FCE" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:type="resource" xml:lang="en-US">Investment in real estate partnership</link:label>
    <link:label id="lab_us-gaap_InvestmentsInAffiliatesSubsidiariesAssociatesAndJointVentures_4D98C33D1DB8027FF5DE18929A529FCE_label_en-US" xlink:label="lab_us-gaap_InvestmentsInAffiliatesSubsidiariesAssociatesAndJointVentures_4D98C33D1DB8027FF5DE18929A529FCE" 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>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2012/elts/us-gaap-2012-01-31.xsd#us-gaap_InvestmentsInAffiliatesSubsidiariesAssociatesAndJointVentures" xlink:label="loc_us-gaap_InvestmentsInAffiliatesSubsidiariesAssociatesAndJointVentures_4D98C33D1DB8027FF5DE18929A529FCE" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_InvestmentsInAffiliatesSubsidiariesAssociatesAndJointVentures_4D98C33D1DB8027FF5DE18929A529FCE" xlink:to="lab_us-gaap_InvestmentsInAffiliatesSubsidiariesAssociatesAndJointVentures_4D98C33D1DB8027FF5DE18929A529FCE" xlink:type="arc" />
    <link:label id="lab_us-gaap_PrepaidExpenseAndOtherAssets_03C74FD6B9E4553DA74C18929A5261E9_terseLabel_en-US" xlink:label="lab_us-gaap_PrepaidExpenseAndOtherAssets_03C74FD6B9E4553DA74C18929A5261E9" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Prepaid expenses and other assets</link:label>
    <link:label id="lab_us-gaap_PrepaidExpenseAndOtherAssets_03C74FD6B9E4553DA74C18929A5261E9_label_en-US" xlink:label="lab_us-gaap_PrepaidExpenseAndOtherAssets_03C74FD6B9E4553DA74C18929A5261E9" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Prepaid Expense and Other Assets</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2012/elts/us-gaap-2012-01-31.xsd#us-gaap_PrepaidExpenseAndOtherAssets" xlink:label="loc_us-gaap_PrepaidExpenseAndOtherAssets_03C74FD6B9E4553DA74C18929A5261E9" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_PrepaidExpenseAndOtherAssets_03C74FD6B9E4553DA74C18929A5261E9" xlink:to="lab_us-gaap_PrepaidExpenseAndOtherAssets_03C74FD6B9E4553DA74C18929A5261E9" xlink:type="arc" />
    <link:label id="lab_us-gaap_DeferredFinanceCostsNet_79B5EF842463D8C5689618929A524C74_terseLabel_en-US" xlink:label="lab_us-gaap_DeferredFinanceCostsNet_79B5EF842463D8C5689618929A524C74" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Debt issuance costs, net of accumulated amortization of $10,881 and $10,140, respectively</link:label>
    <link:label id="lab_us-gaap_DeferredFinanceCostsNet_79B5EF842463D8C5689618929A524C74_label_en-US" xlink:label="lab_us-gaap_DeferredFinanceCostsNet_79B5EF842463D8C5689618929A524C74" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Deferred Finance Costs, Net</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2012/elts/us-gaap-2012-01-31.xsd#us-gaap_DeferredFinanceCostsNet" xlink:label="loc_us-gaap_DeferredFinanceCostsNet_79B5EF842463D8C5689618929A524C74" xlink:type="locator" />
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    <link:label id="lab_us-gaap_Assets_8DEAB1D1CA742A3D9A4518929A52D987_totalLabel_en-US" xlink:label="lab_us-gaap_Assets_8DEAB1D1CA742A3D9A4518929A52D987" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:type="resource" xml:lang="en-US">TOTAL ASSETS</link:label>
    <link:label id="lab_us-gaap_Assets_8DEAB1D1CA742A3D9A4518929A52D987_label_en-US" xlink:label="lab_us-gaap_Assets_8DEAB1D1CA742A3D9A4518929A52D987" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Assets</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2012/elts/us-gaap-2012-01-31.xsd#us-gaap_Assets" xlink:label="loc_us-gaap_Assets_8DEAB1D1CA742A3D9A4518929A52D987" xlink:type="locator" />
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    <link:label id="lab_us-gaap_LiabilitiesAbstract_E291146D9A070988D7E818929A520445_terseLabel_en-US" xlink:label="lab_us-gaap_LiabilitiesAbstract_E291146D9A070988D7E818929A520445" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Liabilities</link:label>
    <link:label id="lab_us-gaap_LiabilitiesAbstract_E291146D9A070988D7E818929A520445_label_en-US" xlink:label="lab_us-gaap_LiabilitiesAbstract_E291146D9A070988D7E818929A520445" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Liabilities [Abstract]</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2012/elts/us-gaap-2012-01-31.xsd#us-gaap_LiabilitiesAbstract" xlink:label="loc_us-gaap_LiabilitiesAbstract_E291146D9A070988D7E818929A520445" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_LiabilitiesAbstract_E291146D9A070988D7E818929A520445" xlink:to="lab_us-gaap_LiabilitiesAbstract_E291146D9A070988D7E818929A520445" xlink:type="arc" />
    <link:label id="lab_us-gaap_SecuredDebt_D4A382B8E9C721CD9F3618929A528E88_verboseLabel_en-US" xlink:label="lab_us-gaap_SecuredDebt_D4A382B8E9C721CD9F3618929A528E88" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:type="resource" xml:lang="en-US">Mortgages payable (including $204,681 and $205,299 of consolidated variable interest entities, respectively)</link:label>
    <link:label id="lab_us-gaap_SecuredDebt_D4A382B8E9C721CD9F3618929A528E88_label_en-US" xlink:label="lab_us-gaap_SecuredDebt_D4A382B8E9C721CD9F3618929A528E88" 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_RealEstatePartnershipsOperatingResultsLineItems_AA8DDC8E7C93A9EC08A05F57C3CBFBE9_terseLabel_en-US" xlink:label="lab_frt_RealEstatePartnershipsOperatingResultsLineItems_AA8DDC8E7C93A9EC08A05F57C3CBFBE9" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Real Estate Partnerships Operating Results [Line Items]</link:label>
    <link:label id="lab_frt_RealEstatePartnershipsOperatingResultsLineItems_AA8DDC8E7C93A9EC08A05F57C3CBFBE9_label_en-US" xlink:label="lab_frt_RealEstatePartnershipsOperatingResultsLineItems_AA8DDC8E7C93A9EC08A05F57C3CBFBE9" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Real Estate Partnerships Operating Results [Line Items]</link:label>
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    <link:loc xlink:href="frt-20130331.xsd#frt_RealEstatePartnershipsOperatingResultsLineItems" xlink:label="loc_frt_RealEstatePartnershipsOperatingResultsLineItems_AA8DDC8E7C93A9EC08A05F57C3CBFBE9" xlink:type="locator" />
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    <link:label id="lab_us-gaap_Revenues_52F0314E413D23654CC65F57C3CB6012_verboseLabel_en-US" xlink:label="lab_us-gaap_Revenues_52F0314E413D23654CC65F57C3CB6012" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:type="resource" xml:lang="en-US">Revenue</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2012/elts/us-gaap-2012-01-31.xsd#us-gaap_Revenues" xlink:label="loc_us-gaap_Revenues_52F0314E413D23654CC65F57C3CB6012" xlink:type="locator" />
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    <link:label id="lab_us-gaap_OtherExpenses_B0C811468430480B3AF85F57C3CBCE02_terseLabel_en-US" xlink:label="lab_us-gaap_OtherExpenses_B0C811468430480B3AF85F57C3CBCE02" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Other operating expenses</link:label>
    <link:label id="lab_us-gaap_OtherExpenses_B0C811468430480B3AF85F57C3CBCE02_label_en-US" xlink:label="lab_us-gaap_OtherExpenses_B0C811468430480B3AF85F57C3CBCE02" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Other Expenses</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2012/elts/us-gaap-2012-01-31.xsd#us-gaap_OtherExpenses" xlink:label="loc_us-gaap_OtherExpenses_B0C811468430480B3AF85F57C3CBCE02" xlink:type="locator" />
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    <link:label id="lab_us-gaap_InterestExpense_8038D550E6143CE543F55F57C3CB726F_terseLabel_en-US" xlink:label="lab_us-gaap_InterestExpense_8038D550E6143CE543F55F57C3CB726F" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Interest expense</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2012/elts/us-gaap-2012-01-31.xsd#us-gaap_InterestExpense" xlink:label="loc_us-gaap_InterestExpense_8038D550E6143CE543F55F57C3CB726F" xlink:type="locator" />
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    <link:label id="lab_frt_TotalExpenses_619D4CA5054CF59B6CCA5F57C3CBD86C_totalLabel_en-US" xlink:label="lab_frt_TotalExpenses_619D4CA5054CF59B6CCA5F57C3CBD86C" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:type="resource" xml:lang="en-US">Total expenses</link:label>
    <link:label id="lab_frt_TotalExpenses_619D4CA5054CF59B6CCA5F57C3CBD86C_label_en-US" xlink:label="lab_frt_TotalExpenses_619D4CA5054CF59B6CCA5F57C3CBD86C" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Total Expenses</link:label>
    <link:label id="lab_frt_TotalExpenses_619D4CA5054CF59B6CCA5F57C3CBD86C_documentation_en-US" xlink:label="lab_frt_TotalExpenses_619D4CA5054CF59B6CCA5F57C3CBD86C" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Total expenses including operating expenses, interest expense, depreciation and amortization, and other expenses.</link:label>
    <link:loc xlink:href="frt-20130331.xsd#frt_TotalExpenses" xlink:label="loc_frt_TotalExpenses_619D4CA5054CF59B6CCA5F57C3CBD86C" xlink:type="locator" />
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    <link:label id="lab_us-gaap_IncomeLossFromEquityMethodInvestments_1467863D0272CFBF59CE5F57C3CB7CB2_verboseLabel_en-US" xlink:label="lab_us-gaap_IncomeLossFromEquityMethodInvestments_1467863D0272CFBF59CE5F57C3CB7CB2" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:type="resource" xml:lang="en-US">Our share of net income from real estate partnership</link:label>
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    <link:label id="lab_us-gaap_RealEstateInvestmentPropertyNet_6A3D8D9CA9CD1D9EAF7F5F57C3CBE394_terseLabel_en-US" xlink:label="lab_us-gaap_RealEstateInvestmentPropertyNet_6A3D8D9CA9CD1D9EAF7F5F57C3CBE394" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Real estate, net</link:label>
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    <link:label id="lab_us-gaap_CashAndCashEquivalentsAtCarryingValue_18AB7EE096E63A43F2515F57C3CB0AD7_verboseLabel_en-US" xlink:label="lab_us-gaap_CashAndCashEquivalentsAtCarryingValue_18AB7EE096E63A43F2515F57C3CB0AD7" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:type="resource" xml:lang="en-US">Cash</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2012/elts/us-gaap-2012-01-31.xsd#us-gaap_CashAndCashEquivalentsAtCarryingValue" xlink:label="loc_us-gaap_CashAndCashEquivalentsAtCarryingValue_18AB7EE096E63A43F2515F57C3CB0AD7" xlink:type="locator" />
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    <link:label id="lab_us-gaap_OtherAssets_B63A85CEB13E25CE4D585F57C3CB5399_terseLabel_en-US" xlink:label="lab_us-gaap_OtherAssets_B63A85CEB13E25CE4D585F57C3CB5399" 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_OtherAssets_B63A85CEB13E25CE4D585F57C3CB5399_label_en-US" xlink:label="lab_us-gaap_OtherAssets_B63A85CEB13E25CE4D585F57C3CB5399" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Other Assets</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2012/elts/us-gaap-2012-01-31.xsd#us-gaap_OtherAssets" xlink:label="loc_us-gaap_OtherAssets_B63A85CEB13E25CE4D585F57C3CB5399" xlink:type="locator" />
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    <link:label id="lab_us-gaap_SecuredDebt_21D4655F3CA3BAA96CB45F57C3CBDB7D_terseLabel_en-US" xlink:label="lab_us-gaap_SecuredDebt_21D4655F3CA3BAA96CB45F57C3CBDB7D" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Mortgages payable</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2012/elts/us-gaap-2012-01-31.xsd#us-gaap_SecuredDebt" xlink:label="loc_us-gaap_SecuredDebt_21D4655F3CA3BAA96CB45F57C3CBDB7D" xlink:type="locator" />
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    <link:label id="lab_us-gaap_OtherLiabilities_B6E0285B1195D1D002D45F57C3CB71A2_terseLabel_en-US" xlink:label="lab_us-gaap_OtherLiabilities_B6E0285B1195D1D002D45F57C3CB71A2" 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_OtherLiabilities_B6E0285B1195D1D002D45F57C3CB71A2_label_en-US" xlink:label="lab_us-gaap_OtherLiabilities_B6E0285B1195D1D002D45F57C3CB71A2" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Other Liabilities</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2012/elts/us-gaap-2012-01-31.xsd#us-gaap_OtherLiabilities" xlink:label="loc_us-gaap_OtherLiabilities_B6E0285B1195D1D002D45F57C3CB71A2" xlink:type="locator" />
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    <link:label id="lab_us-gaap_PartnersCapital_91A4F94B9EE7DDB612775F57C3CBE3F5_terseLabel_en-US" xlink:label="lab_us-gaap_PartnersCapital_91A4F94B9EE7DDB612775F57C3CBE3F5" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Partners' capital</link:label>
    <link:label id="lab_us-gaap_PartnersCapital_91A4F94B9EE7DDB612775F57C3CBE3F5_label_en-US" xlink:label="lab_us-gaap_PartnersCapital_91A4F94B9EE7DDB612775F57C3CBE3F5" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Partners' Capital</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2012/elts/us-gaap-2012-01-31.xsd#us-gaap_PartnersCapital" xlink:label="loc_us-gaap_PartnersCapital_91A4F94B9EE7DDB612775F57C3CBE3F5" xlink:type="locator" />
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    <link:label id="lab_frt_ShareOfUnconsolidatedDebt_2BD410AEA04291F135135F57C3CBB7BE_terseLabel_en-US" xlink:label="lab_frt_ShareOfUnconsolidatedDebt_2BD410AEA04291F135135F57C3CBB7BE" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Our share of unconsolidated debt</link:label>
    <link:label id="lab_frt_ShareOfUnconsolidatedDebt_2BD410AEA04291F135135F57C3CBB7BE_label_en-US" xlink:label="lab_frt_ShareOfUnconsolidatedDebt_2BD410AEA04291F135135F57C3CBB7BE" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Share Of Unconsolidated Debt</link:label>
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    <link:label id="lab_us-gaap_InvestmentsInAffiliatesSubsidiariesAssociatesAndJointVentures_FA76CEFCEE75EC1A77765F57C3CB7991_terseLabel_en-US" xlink:label="lab_us-gaap_InvestmentsInAffiliatesSubsidiariesAssociatesAndJointVentures_FA76CEFCEE75EC1A77765F57C3CB7991" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Our investment in real estate partnership</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2012/elts/us-gaap-2012-01-31.xsd#us-gaap_InvestmentsInAffiliatesSubsidiariesAssociatesAndJointVentures" xlink:label="loc_us-gaap_InvestmentsInAffiliatesSubsidiariesAssociatesAndJointVentures_FA76CEFCEE75EC1A77765F57C3CB7991" xlink:type="locator" />
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    <link:label id="lab_frt_CapitalExpendituresDevelopmentRedevelopment_032CB71C1DC0A0FE55D346AD17B4A33B_negatedLabel_en-US" xlink:label="lab_frt_CapitalExpendituresDevelopmentRedevelopment_032CB71C1DC0A0FE55D346AD17B4A33B" xlink:role="http://www.xbrl.org/2009/role/negatedLabel" xlink:type="resource" xml:lang="en-US">Capital expenditures - development and redevelopment</link:label>
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    <link:label id="lab_frt_IssuanceAndRepaymentsOfMortgageAndOtherNotesReceivableNet_CA4A11A736449939899A46AD17B4E6BD_negatedLabel_en-US" xlink:label="lab_frt_IssuanceAndRepaymentsOfMortgageAndOtherNotesReceivableNet_CA4A11A736449939899A46AD17B4E6BD" xlink:role="http://www.xbrl.org/2009/role/negatedLabel" xlink:type="resource" xml:lang="en-US">Issuance of mortgage and other notes receivable, net</link:label>
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    <link:label id="lab_us-gaap_NetCashProvidedByUsedInInvestingActivities_FC2CE6DF6155C5D4AD2F46AD17B473E2_totalLabel_en-US" xlink:label="lab_us-gaap_NetCashProvidedByUsedInInvestingActivities_FC2CE6DF6155C5D4AD2F46AD17B473E2" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:type="resource" xml:lang="en-US">Net cash used in investing activities</link:label>
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    <link:label id="lab_us-gaap_RepaymentsOfLongTermDebtAndCapitalSecurities_C11C308645E79B83702146AD17B4B80D_negatedLabel_en-US" xlink:label="lab_us-gaap_RepaymentsOfLongTermDebtAndCapitalSecurities_C11C308645E79B83702146AD17B4B80D" xlink:role="http://www.xbrl.org/2009/role/negatedLabel" xlink:type="resource" xml:lang="en-US">Repayment of mortgages, capital leases and notes payable</link:label>
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