<?xml version="1.0" encoding="UTF-8"?>

<!--XBRL Document Created with the Workiva Platform-->
<!--Copyright 2025 Workiva-->
<!--r:8c8c5cc0-0250-48cc-8f08-3aa0a86cfacc,g:036ee20f-40b3-4b30-8dee-7fce90b08a45-->
<link:linkbase xmlns:link="http://www.xbrl.org/2003/linkbase" xmlns:xlink="http://www.w3.org/1999/xlink" xmlns:xsi="http://www.w3.org/2001/XMLSchema-instance" xsi:schemaLocation="http://www.xbrl.org/2003/linkbase http://www.xbrl.org/2003/xbrl-linkbase-2003-12-31.xsd">
  <link:roleRef roleURI="http://www.federalrealty.com/role/DocumentandEntityInformationDocument" xlink:type="simple" xlink:href="frt-20250331.xsd#DocumentandEntityInformationDocument"/>
  <link:presentationLink xlink:role="http://www.federalrealty.com/role/DocumentandEntityInformationDocument" xlink:type="extended">
    <link:loc xlink:type="locator" xlink:label="loc_dei_CoverAbstract_3ae08a66-8481-4f54-88a0-dcae6a9368a4" xlink:href="https://xbrl.sec.gov/dei/2025/dei-2025.xsd#dei_CoverAbstract"/>
    <link:loc xlink:type="locator" xlink:label="loc_dei_EntitiesTable_72d054d9-ba6e-4e9d-9be1-2007ca05254a" xlink:href="https://xbrl.sec.gov/dei/2025/dei-2025.xsd#dei_EntitiesTable"/>
    <link:presentationArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_dei_CoverAbstract_3ae08a66-8481-4f54-88a0-dcae6a9368a4" xlink:to="loc_dei_EntitiesTable_72d054d9-ba6e-4e9d-9be1-2007ca05254a" xlink:type="arc" preferredLabel="http://www.xbrl.org/2003/role/terseLabel"/>
    <link:loc xlink:type="locator" xlink:label="loc_dei_EntityListingsExchangeAxis_90373281-edb4-4e7d-8b67-d8579f6d0817" xlink:href="https://xbrl.sec.gov/dei/2025/dei-2025.xsd#dei_EntityListingsExchangeAxis"/>
    <link:presentationArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_dei_EntitiesTable_72d054d9-ba6e-4e9d-9be1-2007ca05254a" xlink:to="loc_dei_EntityListingsExchangeAxis_90373281-edb4-4e7d-8b67-d8579f6d0817" xlink:type="arc" preferredLabel="http://www.xbrl.org/2003/role/terseLabel"/>
    <link:loc xlink:type="locator" xlink:label="loc_dei_ExchangeDomain_45785804-90e4-4dbe-a440-0ffd2e7131e5" xlink:href="https://xbrl.sec.gov/dei/2025/dei-2025.xsd#dei_ExchangeDomain"/>
    <link:presentationArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_dei_EntityListingsExchangeAxis_90373281-edb4-4e7d-8b67-d8579f6d0817" xlink:to="loc_dei_ExchangeDomain_45785804-90e4-4dbe-a440-0ffd2e7131e5" xlink:type="arc" preferredLabel="http://www.xbrl.org/2003/role/terseLabel"/>
    <link:loc xlink:type="locator" xlink:label="loc_exch_XNYS_36c542c8-6b6c-4c96-aff0-3183e060802c" xlink:href="https://xbrl.sec.gov/exch/2025/exch-2025.xsd#exch_XNYS"/>
    <link:presentationArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_dei_ExchangeDomain_45785804-90e4-4dbe-a440-0ffd2e7131e5" xlink:to="loc_exch_XNYS_36c542c8-6b6c-4c96-aff0-3183e060802c" xlink:type="arc" preferredLabel="http://www.xbrl.org/2003/role/terseLabel"/>
    <link:loc xlink:type="locator" xlink:label="loc_us-gaap_StatementClassOfStockAxis_df1d5474-91ce-4941-ad32-6685ff589cc8" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_StatementClassOfStockAxis"/>
    <link:presentationArc order="2" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_dei_EntitiesTable_72d054d9-ba6e-4e9d-9be1-2007ca05254a" xlink:to="loc_us-gaap_StatementClassOfStockAxis_df1d5474-91ce-4941-ad32-6685ff589cc8" xlink:type="arc" preferredLabel="http://www.xbrl.org/2003/role/terseLabel"/>
    <link:loc xlink:type="locator" xlink:label="loc_us-gaap_ClassOfStockDomain_b807b3db-01cb-4bc9-89b0-f3e59eff49b5" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_ClassOfStockDomain"/>
    <link:presentationArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaap_StatementClassOfStockAxis_df1d5474-91ce-4941-ad32-6685ff589cc8" xlink:to="loc_us-gaap_ClassOfStockDomain_b807b3db-01cb-4bc9-89b0-f3e59eff49b5" xlink:type="arc" preferredLabel="http://www.xbrl.org/2003/role/terseLabel"/>
    <link:loc xlink:type="locator" xlink:label="loc_us-gaap_CommonStockMember_0d12e473-2385-49f7-9dab-514d87615dbf" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_CommonStockMember"/>
    <link:presentationArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaap_ClassOfStockDomain_b807b3db-01cb-4bc9-89b0-f3e59eff49b5" xlink:to="loc_us-gaap_CommonStockMember_0d12e473-2385-49f7-9dab-514d87615dbf" xlink:type="arc" preferredLabel="http://www.xbrl.org/2003/role/verboseLabel"/>
    <link:loc xlink:type="locator" xlink:label="loc_frt_DepositarySharesMember_719d8d61-b733-4084-b827-31b82694b3b0" xlink:href="frt-20250331.xsd#frt_DepositarySharesMember"/>
    <link:presentationArc order="2" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaap_ClassOfStockDomain_b807b3db-01cb-4bc9-89b0-f3e59eff49b5" xlink:to="loc_frt_DepositarySharesMember_719d8d61-b733-4084-b827-31b82694b3b0" xlink:type="arc" preferredLabel="http://www.xbrl.org/2003/role/terseLabel"/>
    <link:loc xlink:type="locator" xlink:label="loc_dei_LegalEntityAxis_a4ac4b04-bb38-4d24-8b4a-d755e3257f94" xlink:href="https://xbrl.sec.gov/dei/2025/dei-2025.xsd#dei_LegalEntityAxis"/>
    <link:presentationArc order="3" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_dei_EntitiesTable_72d054d9-ba6e-4e9d-9be1-2007ca05254a" xlink:to="loc_dei_LegalEntityAxis_a4ac4b04-bb38-4d24-8b4a-d755e3257f94" xlink:type="arc" preferredLabel="http://www.xbrl.org/2003/role/terseLabel"/>
    <link:loc xlink:type="locator" xlink:label="loc_dei_EntityDomain_608ff378-be72-46fd-baf1-21da112cf192" xlink:href="https://xbrl.sec.gov/dei/2025/dei-2025.xsd#dei_EntityDomain"/>
    <link:presentationArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_dei_LegalEntityAxis_a4ac4b04-bb38-4d24-8b4a-d755e3257f94" xlink:to="loc_dei_EntityDomain_608ff378-be72-46fd-baf1-21da112cf192" xlink:type="arc" preferredLabel="http://www.xbrl.org/2003/role/terseLabel"/>
    <link:loc xlink:type="locator" xlink:label="loc_frt_FederalRealtyOPLPMember_e358adef-62ee-40da-89df-cdff03d1c3f2" xlink:href="frt-20250331.xsd#frt_FederalRealtyOPLPMember"/>
    <link:presentationArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_dei_EntityDomain_608ff378-be72-46fd-baf1-21da112cf192" xlink:to="loc_frt_FederalRealtyOPLPMember_e358adef-62ee-40da-89df-cdff03d1c3f2" xlink:type="arc" preferredLabel="http://www.xbrl.org/2003/role/terseLabel"/>
    <link:loc xlink:type="locator" xlink:label="loc_dei_EntityInformationLineItems_ded7ddcd-05e6-445e-b60f-23dbccf003c9" xlink:href="https://xbrl.sec.gov/dei/2025/dei-2025.xsd#dei_EntityInformationLineItems"/>
    <link:presentationArc order="4" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_dei_EntitiesTable_72d054d9-ba6e-4e9d-9be1-2007ca05254a" xlink:to="loc_dei_EntityInformationLineItems_ded7ddcd-05e6-445e-b60f-23dbccf003c9" xlink:type="arc" preferredLabel="http://www.xbrl.org/2003/role/terseLabel"/>
    <link:loc xlink:type="locator" xlink:label="loc_dei_DocumentType_94dd5a3b-9020-499d-b6f6-18db9c56e0fd" xlink:href="https://xbrl.sec.gov/dei/2025/dei-2025.xsd#dei_DocumentType"/>
    <link:presentationArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_dei_EntityInformationLineItems_ded7ddcd-05e6-445e-b60f-23dbccf003c9" xlink:to="loc_dei_DocumentType_94dd5a3b-9020-499d-b6f6-18db9c56e0fd" xlink:type="arc" preferredLabel="http://www.xbrl.org/2003/role/terseLabel"/>
    <link:loc xlink:type="locator" xlink:label="loc_dei_DocumentQuarterlyReport_1ec8e437-51a6-440d-b360-808eaa3a656b" xlink:href="https://xbrl.sec.gov/dei/2025/dei-2025.xsd#dei_DocumentQuarterlyReport"/>
    <link:presentationArc order="2" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_dei_EntityInformationLineItems_ded7ddcd-05e6-445e-b60f-23dbccf003c9" xlink:to="loc_dei_DocumentQuarterlyReport_1ec8e437-51a6-440d-b360-808eaa3a656b" xlink:type="arc" preferredLabel="http://www.xbrl.org/2003/role/terseLabel"/>
    <link:loc xlink:type="locator" xlink:label="loc_dei_DocumentPeriodEndDate_01d0a5be-812f-40cc-9223-f93ae94cbf30" xlink:href="https://xbrl.sec.gov/dei/2025/dei-2025.xsd#dei_DocumentPeriodEndDate"/>
    <link:presentationArc order="3" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_dei_EntityInformationLineItems_ded7ddcd-05e6-445e-b60f-23dbccf003c9" xlink:to="loc_dei_DocumentPeriodEndDate_01d0a5be-812f-40cc-9223-f93ae94cbf30" xlink:type="arc" preferredLabel="http://www.xbrl.org/2003/role/terseLabel"/>
    <link:loc xlink:type="locator" xlink:label="loc_dei_DocumentTransitionReport_fa1fc6fa-80bb-4d87-8a9a-12335e9932cf" xlink:href="https://xbrl.sec.gov/dei/2025/dei-2025.xsd#dei_DocumentTransitionReport"/>
    <link:presentationArc order="4" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_dei_EntityInformationLineItems_ded7ddcd-05e6-445e-b60f-23dbccf003c9" xlink:to="loc_dei_DocumentTransitionReport_fa1fc6fa-80bb-4d87-8a9a-12335e9932cf" xlink:type="arc" preferredLabel="http://www.xbrl.org/2003/role/terseLabel"/>
    <link:loc xlink:type="locator" xlink:label="loc_dei_EntityFileNumber_af7245c6-7b98-4278-9f61-4772e9d9b2fb" xlink:href="https://xbrl.sec.gov/dei/2025/dei-2025.xsd#dei_EntityFileNumber"/>
    <link:presentationArc order="5" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_dei_EntityInformationLineItems_ded7ddcd-05e6-445e-b60f-23dbccf003c9" xlink:to="loc_dei_EntityFileNumber_af7245c6-7b98-4278-9f61-4772e9d9b2fb" xlink:type="arc" preferredLabel="http://www.xbrl.org/2003/role/terseLabel"/>
    <link:loc xlink:type="locator" xlink:label="loc_dei_EntityRegistrantName_881f64c7-d678-45e1-8eac-399efda8a979" xlink:href="https://xbrl.sec.gov/dei/2025/dei-2025.xsd#dei_EntityRegistrantName"/>
    <link:presentationArc order="6" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_dei_EntityInformationLineItems_ded7ddcd-05e6-445e-b60f-23dbccf003c9" xlink:to="loc_dei_EntityRegistrantName_881f64c7-d678-45e1-8eac-399efda8a979" xlink:type="arc" preferredLabel="http://www.xbrl.org/2003/role/terseLabel"/>
    <link:loc xlink:type="locator" xlink:label="loc_dei_EntityCentralIndexKey_44c035c3-1539-43b7-bc66-69d79f4b8597" xlink:href="https://xbrl.sec.gov/dei/2025/dei-2025.xsd#dei_EntityCentralIndexKey"/>
    <link:presentationArc order="7" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_dei_EntityInformationLineItems_ded7ddcd-05e6-445e-b60f-23dbccf003c9" xlink:to="loc_dei_EntityCentralIndexKey_44c035c3-1539-43b7-bc66-69d79f4b8597" xlink:type="arc" preferredLabel="http://www.xbrl.org/2003/role/terseLabel"/>
    <link:loc xlink:type="locator" xlink:label="loc_dei_CurrentFiscalYearEndDate_aefe59d1-48b2-4097-aee5-edccd78ba1ab" xlink:href="https://xbrl.sec.gov/dei/2025/dei-2025.xsd#dei_CurrentFiscalYearEndDate"/>
    <link:presentationArc order="8" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_dei_EntityInformationLineItems_ded7ddcd-05e6-445e-b60f-23dbccf003c9" xlink:to="loc_dei_CurrentFiscalYearEndDate_aefe59d1-48b2-4097-aee5-edccd78ba1ab" xlink:type="arc" preferredLabel="http://www.xbrl.org/2003/role/terseLabel"/>
    <link:loc xlink:type="locator" xlink:label="loc_dei_DocumentFiscalYearFocus_53bcffbe-fd10-41d9-90be-f27d80215632" xlink:href="https://xbrl.sec.gov/dei/2025/dei-2025.xsd#dei_DocumentFiscalYearFocus"/>
    <link:presentationArc order="9" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_dei_EntityInformationLineItems_ded7ddcd-05e6-445e-b60f-23dbccf003c9" xlink:to="loc_dei_DocumentFiscalYearFocus_53bcffbe-fd10-41d9-90be-f27d80215632" xlink:type="arc" preferredLabel="http://www.xbrl.org/2003/role/terseLabel"/>
    <link:loc xlink:type="locator" xlink:label="loc_dei_DocumentFiscalPeriodFocus_042858bf-f749-4db9-83cd-25b3aa9fbd98" xlink:href="https://xbrl.sec.gov/dei/2025/dei-2025.xsd#dei_DocumentFiscalPeriodFocus"/>
    <link:presentationArc order="10" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_dei_EntityInformationLineItems_ded7ddcd-05e6-445e-b60f-23dbccf003c9" xlink:to="loc_dei_DocumentFiscalPeriodFocus_042858bf-f749-4db9-83cd-25b3aa9fbd98" xlink:type="arc" preferredLabel="http://www.xbrl.org/2003/role/terseLabel"/>
    <link:loc xlink:type="locator" xlink:label="loc_dei_AmendmentFlag_4019c6dd-7cd8-4e68-9114-f914b06474cd" xlink:href="https://xbrl.sec.gov/dei/2025/dei-2025.xsd#dei_AmendmentFlag"/>
    <link:presentationArc order="11" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_dei_EntityInformationLineItems_ded7ddcd-05e6-445e-b60f-23dbccf003c9" xlink:to="loc_dei_AmendmentFlag_4019c6dd-7cd8-4e68-9114-f914b06474cd" xlink:type="arc" preferredLabel="http://www.xbrl.org/2003/role/terseLabel"/>
    <link:loc xlink:type="locator" xlink:label="loc_dei_EntityIncorporationStateCountryCode_16e0d38f-8345-4424-9f1d-5b0ea8a081c9" xlink:href="https://xbrl.sec.gov/dei/2025/dei-2025.xsd#dei_EntityIncorporationStateCountryCode"/>
    <link:presentationArc order="12" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_dei_EntityInformationLineItems_ded7ddcd-05e6-445e-b60f-23dbccf003c9" xlink:to="loc_dei_EntityIncorporationStateCountryCode_16e0d38f-8345-4424-9f1d-5b0ea8a081c9" xlink:type="arc" preferredLabel="http://www.xbrl.org/2003/role/terseLabel"/>
    <link:loc xlink:type="locator" xlink:label="loc_dei_EntityTaxIdentificationNumber_365e0e8a-473d-4bb5-bf4c-a25a0b415a66" xlink:href="https://xbrl.sec.gov/dei/2025/dei-2025.xsd#dei_EntityTaxIdentificationNumber"/>
    <link:presentationArc order="13" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_dei_EntityInformationLineItems_ded7ddcd-05e6-445e-b60f-23dbccf003c9" xlink:to="loc_dei_EntityTaxIdentificationNumber_365e0e8a-473d-4bb5-bf4c-a25a0b415a66" xlink:type="arc" preferredLabel="http://www.xbrl.org/2003/role/terseLabel"/>
    <link:loc xlink:type="locator" xlink:label="loc_dei_EntityAddressAddressLine1_09dc8729-00ab-4d57-8fed-6d0b45c67287" xlink:href="https://xbrl.sec.gov/dei/2025/dei-2025.xsd#dei_EntityAddressAddressLine1"/>
    <link:presentationArc order="14" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_dei_EntityInformationLineItems_ded7ddcd-05e6-445e-b60f-23dbccf003c9" xlink:to="loc_dei_EntityAddressAddressLine1_09dc8729-00ab-4d57-8fed-6d0b45c67287" xlink:type="arc" preferredLabel="http://www.xbrl.org/2003/role/terseLabel"/>
    <link:loc xlink:type="locator" xlink:label="loc_dei_EntityAddressCityOrTown_16099392-03d1-4107-97a7-7c6b39cb94d3" xlink:href="https://xbrl.sec.gov/dei/2025/dei-2025.xsd#dei_EntityAddressCityOrTown"/>
    <link:presentationArc order="15" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_dei_EntityInformationLineItems_ded7ddcd-05e6-445e-b60f-23dbccf003c9" xlink:to="loc_dei_EntityAddressCityOrTown_16099392-03d1-4107-97a7-7c6b39cb94d3" xlink:type="arc" preferredLabel="http://www.xbrl.org/2003/role/terseLabel"/>
    <link:loc xlink:type="locator" xlink:label="loc_dei_EntityAddressStateOrProvince_6bce163a-d66e-46f5-a9e4-17205b3ee86f" xlink:href="https://xbrl.sec.gov/dei/2025/dei-2025.xsd#dei_EntityAddressStateOrProvince"/>
    <link:presentationArc order="16" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_dei_EntityInformationLineItems_ded7ddcd-05e6-445e-b60f-23dbccf003c9" xlink:to="loc_dei_EntityAddressStateOrProvince_6bce163a-d66e-46f5-a9e4-17205b3ee86f" xlink:type="arc" preferredLabel="http://www.xbrl.org/2003/role/terseLabel"/>
    <link:loc xlink:type="locator" xlink:label="loc_dei_EntityAddressPostalZipCode_5b909b49-a256-4d55-b79a-1938bf9416de" xlink:href="https://xbrl.sec.gov/dei/2025/dei-2025.xsd#dei_EntityAddressPostalZipCode"/>
    <link:presentationArc order="17" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_dei_EntityInformationLineItems_ded7ddcd-05e6-445e-b60f-23dbccf003c9" xlink:to="loc_dei_EntityAddressPostalZipCode_5b909b49-a256-4d55-b79a-1938bf9416de" xlink:type="arc" preferredLabel="http://www.xbrl.org/2003/role/terseLabel"/>
    <link:loc xlink:type="locator" xlink:label="loc_dei_CityAreaCode_52d385ce-5c98-471f-9937-54f84cdcd77b" xlink:href="https://xbrl.sec.gov/dei/2025/dei-2025.xsd#dei_CityAreaCode"/>
    <link:presentationArc order="18" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_dei_EntityInformationLineItems_ded7ddcd-05e6-445e-b60f-23dbccf003c9" xlink:to="loc_dei_CityAreaCode_52d385ce-5c98-471f-9937-54f84cdcd77b" xlink:type="arc" preferredLabel="http://www.xbrl.org/2003/role/terseLabel"/>
    <link:loc xlink:type="locator" xlink:label="loc_dei_LocalPhoneNumber_792afec5-5614-4e14-a2bd-088d72a78830" xlink:href="https://xbrl.sec.gov/dei/2025/dei-2025.xsd#dei_LocalPhoneNumber"/>
    <link:presentationArc order="19" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_dei_EntityInformationLineItems_ded7ddcd-05e6-445e-b60f-23dbccf003c9" xlink:to="loc_dei_LocalPhoneNumber_792afec5-5614-4e14-a2bd-088d72a78830" xlink:type="arc" preferredLabel="http://www.xbrl.org/2003/role/terseLabel"/>
    <link:loc xlink:type="locator" xlink:label="loc_dei_Security12bTitle_1947f11f-b056-4325-8e63-7578feafa1c1" xlink:href="https://xbrl.sec.gov/dei/2025/dei-2025.xsd#dei_Security12bTitle"/>
    <link:presentationArc order="20" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_dei_EntityInformationLineItems_ded7ddcd-05e6-445e-b60f-23dbccf003c9" xlink:to="loc_dei_Security12bTitle_1947f11f-b056-4325-8e63-7578feafa1c1" xlink:type="arc" preferredLabel="http://www.xbrl.org/2003/role/terseLabel"/>
    <link:loc xlink:type="locator" xlink:label="loc_dei_TradingSymbol_75574452-1457-4c7c-b947-cb42d9efd2fc" xlink:href="https://xbrl.sec.gov/dei/2025/dei-2025.xsd#dei_TradingSymbol"/>
    <link:presentationArc order="21" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_dei_EntityInformationLineItems_ded7ddcd-05e6-445e-b60f-23dbccf003c9" xlink:to="loc_dei_TradingSymbol_75574452-1457-4c7c-b947-cb42d9efd2fc" xlink:type="arc" preferredLabel="http://www.xbrl.org/2003/role/terseLabel"/>
    <link:loc xlink:type="locator" xlink:label="loc_dei_SecurityExchangeName_1223da8a-c6ca-407c-a321-7802e8513431" xlink:href="https://xbrl.sec.gov/dei/2025/dei-2025.xsd#dei_SecurityExchangeName"/>
    <link:presentationArc order="22" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_dei_EntityInformationLineItems_ded7ddcd-05e6-445e-b60f-23dbccf003c9" xlink:to="loc_dei_SecurityExchangeName_1223da8a-c6ca-407c-a321-7802e8513431" xlink:type="arc" preferredLabel="http://www.xbrl.org/2003/role/terseLabel"/>
    <link:loc xlink:type="locator" xlink:label="loc_dei_EntityCurrentReportingStatus_7fd95a3d-da3a-47cf-a8fe-f0e2e0833828" xlink:href="https://xbrl.sec.gov/dei/2025/dei-2025.xsd#dei_EntityCurrentReportingStatus"/>
    <link:presentationArc order="23" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_dei_EntityInformationLineItems_ded7ddcd-05e6-445e-b60f-23dbccf003c9" xlink:to="loc_dei_EntityCurrentReportingStatus_7fd95a3d-da3a-47cf-a8fe-f0e2e0833828" xlink:type="arc" preferredLabel="http://www.xbrl.org/2003/role/terseLabel"/>
    <link:loc xlink:type="locator" xlink:label="loc_dei_EntityInteractiveDataCurrent_df453e2a-9b30-4c9b-9bf0-90f7fe933a20" xlink:href="https://xbrl.sec.gov/dei/2025/dei-2025.xsd#dei_EntityInteractiveDataCurrent"/>
    <link:presentationArc order="24" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_dei_EntityInformationLineItems_ded7ddcd-05e6-445e-b60f-23dbccf003c9" xlink:to="loc_dei_EntityInteractiveDataCurrent_df453e2a-9b30-4c9b-9bf0-90f7fe933a20" xlink:type="arc" preferredLabel="http://www.xbrl.org/2003/role/terseLabel"/>
    <link:loc xlink:type="locator" xlink:label="loc_dei_EntityFilerCategory_3696c87a-094a-4753-8699-66938207ed8f" xlink:href="https://xbrl.sec.gov/dei/2025/dei-2025.xsd#dei_EntityFilerCategory"/>
    <link:presentationArc order="25" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_dei_EntityInformationLineItems_ded7ddcd-05e6-445e-b60f-23dbccf003c9" xlink:to="loc_dei_EntityFilerCategory_3696c87a-094a-4753-8699-66938207ed8f" xlink:type="arc" preferredLabel="http://www.xbrl.org/2003/role/terseLabel"/>
    <link:loc xlink:type="locator" xlink:label="loc_dei_EntitySmallBusiness_b4dc0dae-978d-46c4-b596-dbf46b27a61b" xlink:href="https://xbrl.sec.gov/dei/2025/dei-2025.xsd#dei_EntitySmallBusiness"/>
    <link:presentationArc order="26" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_dei_EntityInformationLineItems_ded7ddcd-05e6-445e-b60f-23dbccf003c9" xlink:to="loc_dei_EntitySmallBusiness_b4dc0dae-978d-46c4-b596-dbf46b27a61b" xlink:type="arc" preferredLabel="http://www.xbrl.org/2003/role/terseLabel"/>
    <link:loc xlink:type="locator" xlink:label="loc_dei_EntityEmergingGrowthCompany_2ca199a8-f581-4cc8-befb-1f8b07ec59a4" xlink:href="https://xbrl.sec.gov/dei/2025/dei-2025.xsd#dei_EntityEmergingGrowthCompany"/>
    <link:presentationArc order="27" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_dei_EntityInformationLineItems_ded7ddcd-05e6-445e-b60f-23dbccf003c9" xlink:to="loc_dei_EntityEmergingGrowthCompany_2ca199a8-f581-4cc8-befb-1f8b07ec59a4" xlink:type="arc" preferredLabel="http://www.xbrl.org/2003/role/terseLabel"/>
    <link:loc xlink:type="locator" xlink:label="loc_dei_EntityShellCompany_ef9002ee-87d4-47d0-b64d-05b2ddf4e5ed" xlink:href="https://xbrl.sec.gov/dei/2025/dei-2025.xsd#dei_EntityShellCompany"/>
    <link:presentationArc order="28" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_dei_EntityInformationLineItems_ded7ddcd-05e6-445e-b60f-23dbccf003c9" xlink:to="loc_dei_EntityShellCompany_ef9002ee-87d4-47d0-b64d-05b2ddf4e5ed" xlink:type="arc" preferredLabel="http://www.xbrl.org/2003/role/terseLabel"/>
    <link:loc xlink:type="locator" xlink:label="loc_dei_EntityCommonStockSharesOutstanding_2f930199-b052-46ec-9a2a-f7e3e8e259c1" xlink:href="https://xbrl.sec.gov/dei/2025/dei-2025.xsd#dei_EntityCommonStockSharesOutstanding"/>
    <link:presentationArc order="29" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_dei_EntityInformationLineItems_ded7ddcd-05e6-445e-b60f-23dbccf003c9" xlink:to="loc_dei_EntityCommonStockSharesOutstanding_2f930199-b052-46ec-9a2a-f7e3e8e259c1" xlink:type="arc" preferredLabel="http://www.xbrl.org/2003/role/terseLabel"/>
  </link:presentationLink>
  <link:roleRef roleURI="http://www.federalrealty.com/role/ConsolidatedBalanceSheets" xlink:type="simple" xlink:href="frt-20250331.xsd#ConsolidatedBalanceSheets"/>
  <link:presentationLink xlink:role="http://www.federalrealty.com/role/ConsolidatedBalanceSheets" xlink:type="extended">
    <link:loc xlink:type="locator" xlink:label="loc_us-gaap_StatementOfFinancialPositionAbstract_b7e3e41e-bc7d-4551-91fb-2711d166a2e0" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_StatementOfFinancialPositionAbstract"/>
    <link:loc xlink:type="locator" xlink:label="loc_us-gaap_StatementTable_04978a11-9fae-4463-ad5d-5becde4ee4f8" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_StatementTable"/>
    <link:presentationArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaap_StatementOfFinancialPositionAbstract_b7e3e41e-bc7d-4551-91fb-2711d166a2e0" xlink:to="loc_us-gaap_StatementTable_04978a11-9fae-4463-ad5d-5becde4ee4f8" xlink:type="arc" preferredLabel="http://www.xbrl.org/2003/role/terseLabel"/>
    <link:loc xlink:type="locator" xlink:label="loc_us-gaap_StatementClassOfStockAxis_bf20cbb1-756c-4fba-a999-087fff085abe" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_StatementClassOfStockAxis"/>
    <link:presentationArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaap_StatementTable_04978a11-9fae-4463-ad5d-5becde4ee4f8" xlink:to="loc_us-gaap_StatementClassOfStockAxis_bf20cbb1-756c-4fba-a999-087fff085abe" xlink:type="arc" preferredLabel="http://www.xbrl.org/2003/role/terseLabel"/>
    <link:loc xlink:type="locator" xlink:label="loc_us-gaap_ClassOfStockDomain_688c863d-988d-4dbe-b8cf-04cbaf8cee3d" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_ClassOfStockDomain"/>
    <link:presentationArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaap_StatementClassOfStockAxis_bf20cbb1-756c-4fba-a999-087fff085abe" xlink:to="loc_us-gaap_ClassOfStockDomain_688c863d-988d-4dbe-b8cf-04cbaf8cee3d" xlink:type="arc" preferredLabel="http://www.xbrl.org/2003/role/terseLabel"/>
    <link:loc xlink:type="locator" xlink:label="loc_frt_A5.0SeriesCCumulativeRedeemablePreferredMember_6d8fe8e7-6a7f-47ce-9d41-45d9a9e1b2ff" xlink:href="frt-20250331.xsd#frt_A5.0SeriesCCumulativeRedeemablePreferredMember"/>
    <link:presentationArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaap_ClassOfStockDomain_688c863d-988d-4dbe-b8cf-04cbaf8cee3d" xlink:to="loc_frt_A5.0SeriesCCumulativeRedeemablePreferredMember_6d8fe8e7-6a7f-47ce-9d41-45d9a9e1b2ff" xlink:type="arc" preferredLabel="http://www.xbrl.org/2003/role/terseLabel"/>
    <link:loc xlink:type="locator" xlink:label="loc_frt_A5417Series1CumulativeConvertiblePreferredMember_794840f5-81e3-461d-9804-0625d437e01d" xlink:href="frt-20250331.xsd#frt_A5417Series1CumulativeConvertiblePreferredMember"/>
    <link:presentationArc order="2" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaap_ClassOfStockDomain_688c863d-988d-4dbe-b8cf-04cbaf8cee3d" xlink:to="loc_frt_A5417Series1CumulativeConvertiblePreferredMember_794840f5-81e3-461d-9804-0625d437e01d" xlink:type="arc" preferredLabel="http://www.xbrl.org/2003/role/terseLabel"/>
    <link:loc xlink:type="locator" xlink:label="loc_srt_ConsolidatedEntitiesAxis_d5e9e5db-366c-4647-80c7-7e91443a946c" xlink:href="https://xbrl.fasb.org/srt/2025/elts/srt-2025.xsd#srt_ConsolidatedEntitiesAxis"/>
    <link:presentationArc order="2" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaap_StatementTable_04978a11-9fae-4463-ad5d-5becde4ee4f8" xlink:to="loc_srt_ConsolidatedEntitiesAxis_d5e9e5db-366c-4647-80c7-7e91443a946c" xlink:type="arc" preferredLabel="http://www.xbrl.org/2003/role/terseLabel"/>
    <link:loc xlink:type="locator" xlink:label="loc_srt_ConsolidatedEntitiesDomain_458898f9-d63e-4766-8c3a-77b0137e487b" xlink:href="https://xbrl.fasb.org/srt/2025/elts/srt-2025.xsd#srt_ConsolidatedEntitiesDomain"/>
    <link:presentationArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_srt_ConsolidatedEntitiesAxis_d5e9e5db-366c-4647-80c7-7e91443a946c" xlink:to="loc_srt_ConsolidatedEntitiesDomain_458898f9-d63e-4766-8c3a-77b0137e487b" xlink:type="arc" preferredLabel="http://www.xbrl.org/2003/role/terseLabel"/>
    <link:loc xlink:type="locator" xlink:label="loc_srt_PartnershipInterestMember_d3ec7602-47d7-475b-93ad-c6b1cfdcbe4b" xlink:href="https://xbrl.fasb.org/srt/2025/elts/srt-2025.xsd#srt_PartnershipInterestMember"/>
    <link:presentationArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_srt_ConsolidatedEntitiesDomain_458898f9-d63e-4766-8c3a-77b0137e487b" xlink:to="loc_srt_PartnershipInterestMember_d3ec7602-47d7-475b-93ad-c6b1cfdcbe4b" xlink:type="arc" preferredLabel="http://www.xbrl.org/2003/role/terseLabel"/>
    <link:loc xlink:type="locator" xlink:label="loc_us-gaap_StatementLineItems_53ae620c-0d4e-41c8-910c-0ce250a25569" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_StatementLineItems"/>
    <link:presentationArc order="3" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaap_StatementTable_04978a11-9fae-4463-ad5d-5becde4ee4f8" xlink:to="loc_us-gaap_StatementLineItems_53ae620c-0d4e-41c8-910c-0ce250a25569" xlink:type="arc" preferredLabel="http://www.xbrl.org/2003/role/terseLabel"/>
    <link:loc xlink:type="locator" xlink:label="loc_us-gaap_AssetsAbstract_e4cd1d12-38ff-4b57-88e8-61c788a4e680" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_AssetsAbstract"/>
    <link:presentationArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaap_StatementLineItems_53ae620c-0d4e-41c8-910c-0ce250a25569" xlink:to="loc_us-gaap_AssetsAbstract_e4cd1d12-38ff-4b57-88e8-61c788a4e680" xlink:type="arc" preferredLabel="http://www.xbrl.org/2003/role/terseLabel"/>
    <link:loc xlink:type="locator" xlink:label="loc_us-gaap_RentalProperties_6ef06e91-e13d-4502-b883-32ddc8fd28d1" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_RentalProperties"/>
    <link:presentationArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaap_AssetsAbstract_e4cd1d12-38ff-4b57-88e8-61c788a4e680" xlink:to="loc_us-gaap_RentalProperties_6ef06e91-e13d-4502-b883-32ddc8fd28d1" xlink:type="arc" preferredLabel="http://www.xbrl.org/2003/role/terseLabel"/>
    <link:loc xlink:type="locator" xlink:label="loc_us-gaap_ConstructionInProgressGross_fc38c513-b95d-4fce-b53b-753dbfa91c35" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_ConstructionInProgressGross"/>
    <link:presentationArc order="2" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaap_AssetsAbstract_e4cd1d12-38ff-4b57-88e8-61c788a4e680" xlink:to="loc_us-gaap_ConstructionInProgressGross_fc38c513-b95d-4fce-b53b-753dbfa91c35" xlink:type="arc" preferredLabel="http://www.xbrl.org/2003/role/terseLabel"/>
    <link:loc xlink:type="locator" xlink:label="loc_us-gaap_RealEstateInvestmentPropertyAtCost_eb1694bb-8d4e-4277-bcd9-0ce46e9224b6" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_RealEstateInvestmentPropertyAtCost"/>
    <link:presentationArc order="3" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaap_AssetsAbstract_e4cd1d12-38ff-4b57-88e8-61c788a4e680" xlink:to="loc_us-gaap_RealEstateInvestmentPropertyAtCost_eb1694bb-8d4e-4277-bcd9-0ce46e9224b6" xlink:type="arc" preferredLabel="http://www.xbrl.org/2003/role/totalLabel"/>
    <link:loc xlink:type="locator" xlink:label="loc_us-gaap_RealEstateInvestmentPropertyAccumulatedDepreciation_46e09a9c-c11c-4c15-9599-37f1ea64773c" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_RealEstateInvestmentPropertyAccumulatedDepreciation"/>
    <link:presentationArc order="4" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaap_AssetsAbstract_e4cd1d12-38ff-4b57-88e8-61c788a4e680" xlink:to="loc_us-gaap_RealEstateInvestmentPropertyAccumulatedDepreciation_46e09a9c-c11c-4c15-9599-37f1ea64773c" xlink:type="arc" preferredLabel="http://www.xbrl.org/2009/role/negatedLabel"/>
    <link:loc xlink:type="locator" xlink:label="loc_us-gaap_RealEstateInvestmentPropertyNet_cd724be3-6dc5-490d-8adb-1489107a6a4d" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_RealEstateInvestmentPropertyNet"/>
    <link:presentationArc order="5" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaap_AssetsAbstract_e4cd1d12-38ff-4b57-88e8-61c788a4e680" xlink:to="loc_us-gaap_RealEstateInvestmentPropertyNet_cd724be3-6dc5-490d-8adb-1489107a6a4d" xlink:type="arc" preferredLabel="http://www.xbrl.org/2003/role/totalLabel"/>
    <link:loc xlink:type="locator" xlink:label="loc_us-gaap_CashAndCashEquivalentsAtCarryingValue_f01513a0-df05-4aea-9c2f-239c285aca71" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_CashAndCashEquivalentsAtCarryingValue"/>
    <link:presentationArc order="6" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaap_AssetsAbstract_e4cd1d12-38ff-4b57-88e8-61c788a4e680" xlink:to="loc_us-gaap_CashAndCashEquivalentsAtCarryingValue_f01513a0-df05-4aea-9c2f-239c285aca71" xlink:type="arc" preferredLabel="http://www.xbrl.org/2003/role/terseLabel"/>
    <link:loc xlink:type="locator" xlink:label="loc_us-gaap_AccountsAndNotesReceivableNet_5f93c49c-8764-48d9-af22-a7ae91a67a5c" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_AccountsAndNotesReceivableNet"/>
    <link:presentationArc order="7" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaap_AssetsAbstract_e4cd1d12-38ff-4b57-88e8-61c788a4e680" xlink:to="loc_us-gaap_AccountsAndNotesReceivableNet_5f93c49c-8764-48d9-af22-a7ae91a67a5c" xlink:type="arc" preferredLabel="http://www.xbrl.org/2003/role/terseLabel"/>
    <link:loc xlink:type="locator" xlink:label="loc_us-gaap_MortgageLoansOnRealEstateCommercialAndConsumerNet_0721c524-6457-4739-adbe-32d1fe687270" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_MortgageLoansOnRealEstateCommercialAndConsumerNet"/>
    <link:presentationArc order="8" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaap_AssetsAbstract_e4cd1d12-38ff-4b57-88e8-61c788a4e680" xlink:to="loc_us-gaap_MortgageLoansOnRealEstateCommercialAndConsumerNet_0721c524-6457-4739-adbe-32d1fe687270" xlink:type="arc" preferredLabel="http://www.xbrl.org/2003/role/terseLabel"/>
    <link:loc xlink:type="locator" xlink:label="loc_us-gaap_InvestmentsInAffiliatesSubsidiariesAssociatesAndJointVentures_ea908790-9edb-4440-9d8c-9ce395f6d1f1" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_InvestmentsInAffiliatesSubsidiariesAssociatesAndJointVentures"/>
    <link:presentationArc order="9" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaap_AssetsAbstract_e4cd1d12-38ff-4b57-88e8-61c788a4e680" xlink:to="loc_us-gaap_InvestmentsInAffiliatesSubsidiariesAssociatesAndJointVentures_ea908790-9edb-4440-9d8c-9ce395f6d1f1" xlink:type="arc" preferredLabel="http://www.xbrl.org/2003/role/verboseLabel"/>
    <link:loc xlink:type="locator" xlink:label="loc_us-gaap_OperatingLeaseRightOfUseAsset_b23d07cc-b567-47f1-bc1e-14de7914a2f7" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_OperatingLeaseRightOfUseAsset"/>
    <link:presentationArc order="10" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaap_AssetsAbstract_e4cd1d12-38ff-4b57-88e8-61c788a4e680" xlink:to="loc_us-gaap_OperatingLeaseRightOfUseAsset_b23d07cc-b567-47f1-bc1e-14de7914a2f7" xlink:type="arc" preferredLabel="http://www.xbrl.org/2003/role/verboseLabel"/>
    <link:loc xlink:type="locator" xlink:label="loc_us-gaap_FinanceLeaseRightOfUseAsset_7c632634-3bb0-4077-9b57-1f269bec235c" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_FinanceLeaseRightOfUseAsset"/>
    <link:presentationArc order="11" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaap_AssetsAbstract_e4cd1d12-38ff-4b57-88e8-61c788a4e680" xlink:to="loc_us-gaap_FinanceLeaseRightOfUseAsset_7c632634-3bb0-4077-9b57-1f269bec235c" xlink:type="arc" preferredLabel="http://www.xbrl.org/2003/role/terseLabel"/>
    <link:loc xlink:type="locator" xlink:label="loc_us-gaap_PrepaidExpenseAndOtherAssets_ac2630f1-0fb1-482e-ad43-06fa4c790266" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_PrepaidExpenseAndOtherAssets"/>
    <link:presentationArc order="12" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaap_AssetsAbstract_e4cd1d12-38ff-4b57-88e8-61c788a4e680" xlink:to="loc_us-gaap_PrepaidExpenseAndOtherAssets_ac2630f1-0fb1-482e-ad43-06fa4c790266" xlink:type="arc" preferredLabel="http://www.xbrl.org/2003/role/terseLabel"/>
    <link:loc xlink:type="locator" xlink:label="loc_us-gaap_Assets_fdadda75-c481-43ce-b6e3-355de3356c81" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_Assets"/>
    <link:presentationArc order="13" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaap_AssetsAbstract_e4cd1d12-38ff-4b57-88e8-61c788a4e680" xlink:to="loc_us-gaap_Assets_fdadda75-c481-43ce-b6e3-355de3356c81" xlink:type="arc" preferredLabel="http://www.xbrl.org/2003/role/totalLabel"/>
    <link:loc xlink:type="locator" xlink:label="loc_us-gaap_LiabilitiesAbstract_a7df07bb-4ecb-4aa9-ae22-2f244ae20e10" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_LiabilitiesAbstract"/>
    <link:presentationArc order="2" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaap_StatementLineItems_53ae620c-0d4e-41c8-910c-0ce250a25569" xlink:to="loc_us-gaap_LiabilitiesAbstract_a7df07bb-4ecb-4aa9-ae22-2f244ae20e10" xlink:type="arc" preferredLabel="http://www.xbrl.org/2003/role/terseLabel"/>
    <link:loc xlink:type="locator" xlink:label="loc_us-gaap_SecuredDebt_a145e251-4b66-40c2-80d9-7cea7feec4ae" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_SecuredDebt"/>
    <link:presentationArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaap_LiabilitiesAbstract_a7df07bb-4ecb-4aa9-ae22-2f244ae20e10" xlink:to="loc_us-gaap_SecuredDebt_a145e251-4b66-40c2-80d9-7cea7feec4ae" xlink:type="arc" preferredLabel="http://www.xbrl.org/2003/role/verboseLabel"/>
    <link:loc xlink:type="locator" xlink:label="loc_us-gaap_NotesPayable_20d9563f-4fe5-41fc-9f8a-fea09ca7e686" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_NotesPayable"/>
    <link:presentationArc order="2" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaap_LiabilitiesAbstract_a7df07bb-4ecb-4aa9-ae22-2f244ae20e10" xlink:to="loc_us-gaap_NotesPayable_20d9563f-4fe5-41fc-9f8a-fea09ca7e686" xlink:type="arc" preferredLabel="http://www.xbrl.org/2003/role/terseLabel"/>
    <link:loc xlink:type="locator" xlink:label="loc_us-gaap_UnsecuredDebt_b4204813-c65f-49cb-8235-274fcb23242c" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_UnsecuredDebt"/>
    <link:presentationArc order="3" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaap_LiabilitiesAbstract_a7df07bb-4ecb-4aa9-ae22-2f244ae20e10" xlink:to="loc_us-gaap_UnsecuredDebt_b4204813-c65f-49cb-8235-274fcb23242c" xlink:type="arc" preferredLabel="http://www.xbrl.org/2003/role/verboseLabel"/>
    <link:loc xlink:type="locator" xlink:label="loc_us-gaap_AccountsPayableAndAccruedLiabilitiesCurrentAndNoncurrent_67a1216a-b781-4486-9e72-29e2b5a38826" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_AccountsPayableAndAccruedLiabilitiesCurrentAndNoncurrent"/>
    <link:presentationArc order="4" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaap_LiabilitiesAbstract_a7df07bb-4ecb-4aa9-ae22-2f244ae20e10" xlink:to="loc_us-gaap_AccountsPayableAndAccruedLiabilitiesCurrentAndNoncurrent_67a1216a-b781-4486-9e72-29e2b5a38826" xlink:type="arc" preferredLabel="http://www.xbrl.org/2003/role/terseLabel"/>
    <link:loc xlink:type="locator" xlink:label="loc_us-gaap_DividendsPayableCurrentAndNoncurrent_df41931c-4dc9-4150-9c90-6a2b828596cb" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_DividendsPayableCurrentAndNoncurrent"/>
    <link:presentationArc order="5" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaap_LiabilitiesAbstract_a7df07bb-4ecb-4aa9-ae22-2f244ae20e10" xlink:to="loc_us-gaap_DividendsPayableCurrentAndNoncurrent_df41931c-4dc9-4150-9c90-6a2b828596cb" xlink:type="arc" preferredLabel="http://www.xbrl.org/2003/role/terseLabel"/>
    <link:loc xlink:type="locator" xlink:label="loc_us-gaap_SecurityDepositLiability_d8b80997-97d1-4d6c-9adb-5ba0a012b5f5" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_SecurityDepositLiability"/>
    <link:presentationArc order="6" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaap_LiabilitiesAbstract_a7df07bb-4ecb-4aa9-ae22-2f244ae20e10" xlink:to="loc_us-gaap_SecurityDepositLiability_d8b80997-97d1-4d6c-9adb-5ba0a012b5f5" xlink:type="arc" preferredLabel="http://www.xbrl.org/2003/role/terseLabel"/>
    <link:loc xlink:type="locator" xlink:label="loc_us-gaap_OperatingLeaseLiability_5c2dc1ee-4b2f-48a9-9f56-669ed92d5397" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_OperatingLeaseLiability"/>
    <link:presentationArc order="7" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaap_LiabilitiesAbstract_a7df07bb-4ecb-4aa9-ae22-2f244ae20e10" xlink:to="loc_us-gaap_OperatingLeaseLiability_5c2dc1ee-4b2f-48a9-9f56-669ed92d5397" xlink:type="arc" preferredLabel="http://www.xbrl.org/2003/role/terseLabel"/>
    <link:loc xlink:type="locator" xlink:label="loc_us-gaap_FinanceLeaseLiability_b36e632f-33fc-452e-9b33-a4ace603ea0e" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_FinanceLeaseLiability"/>
    <link:presentationArc order="8" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaap_LiabilitiesAbstract_a7df07bb-4ecb-4aa9-ae22-2f244ae20e10" xlink:to="loc_us-gaap_FinanceLeaseLiability_b36e632f-33fc-452e-9b33-a4ace603ea0e" xlink:type="arc" preferredLabel="http://www.xbrl.org/2003/role/terseLabel"/>
    <link:loc xlink:type="locator" xlink:label="loc_us-gaap_DeferredCreditsAndOtherLiabilities_9b17f725-7551-490f-ad9d-a2a55bee4b3c" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_DeferredCreditsAndOtherLiabilities"/>
    <link:presentationArc order="9" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaap_LiabilitiesAbstract_a7df07bb-4ecb-4aa9-ae22-2f244ae20e10" xlink:to="loc_us-gaap_DeferredCreditsAndOtherLiabilities_9b17f725-7551-490f-ad9d-a2a55bee4b3c" xlink:type="arc" preferredLabel="http://www.xbrl.org/2003/role/terseLabel"/>
    <link:loc xlink:type="locator" xlink:label="loc_us-gaap_Liabilities_27f9a2fe-f8cc-4d36-81df-46bfa906c651" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_Liabilities"/>
    <link:presentationArc order="10" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaap_LiabilitiesAbstract_a7df07bb-4ecb-4aa9-ae22-2f244ae20e10" xlink:to="loc_us-gaap_Liabilities_27f9a2fe-f8cc-4d36-81df-46bfa906c651" xlink:type="arc" preferredLabel="http://www.xbrl.org/2003/role/terseLabel"/>
    <link:loc xlink:type="locator" xlink:label="loc_us-gaap_CommitmentsAndContingencies_11f51a82-7e9a-411a-a5ad-fb95993679c1" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_CommitmentsAndContingencies"/>
    <link:presentationArc order="3" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaap_StatementLineItems_53ae620c-0d4e-41c8-910c-0ce250a25569" xlink:to="loc_us-gaap_CommitmentsAndContingencies_11f51a82-7e9a-411a-a5ad-fb95993679c1" xlink:type="arc" preferredLabel="http://www.xbrl.org/2003/role/terseLabel"/>
    <link:loc xlink:type="locator" xlink:label="loc_us-gaap_RedeemableNoncontrollingInterestEquityCarryingAmount_e67b5a4f-70fe-486e-9041-dad4fdca1c00" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_RedeemableNoncontrollingInterestEquityCarryingAmount"/>
    <link:presentationArc order="4" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaap_StatementLineItems_53ae620c-0d4e-41c8-910c-0ce250a25569" xlink:to="loc_us-gaap_RedeemableNoncontrollingInterestEquityCarryingAmount_e67b5a4f-70fe-486e-9041-dad4fdca1c00" xlink:type="arc" preferredLabel="http://www.xbrl.org/2003/role/terseLabel"/>
    <link:loc xlink:type="locator" xlink:label="loc_us-gaap_StockholdersEquityIncludingPortionAttributableToNoncontrollingInterestAbstract_77093ae7-f2b3-45f3-ba72-3539cb54ded7" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_StockholdersEquityIncludingPortionAttributableToNoncontrollingInterestAbstract"/>
    <link:presentationArc order="5" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaap_StatementLineItems_53ae620c-0d4e-41c8-910c-0ce250a25569" xlink:to="loc_us-gaap_StockholdersEquityIncludingPortionAttributableToNoncontrollingInterestAbstract_77093ae7-f2b3-45f3-ba72-3539cb54ded7" xlink:type="arc" preferredLabel="http://www.xbrl.org/2003/role/terseLabel"/>
    <link:loc xlink:type="locator" xlink:label="loc_us-gaap_PreferredStockValue_03de38cb-d5fc-4db5-9e56-0bcdcb28efb1" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_PreferredStockValue"/>
    <link:presentationArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaap_StockholdersEquityIncludingPortionAttributableToNoncontrollingInterestAbstract_77093ae7-f2b3-45f3-ba72-3539cb54ded7" xlink:to="loc_us-gaap_PreferredStockValue_03de38cb-d5fc-4db5-9e56-0bcdcb28efb1" xlink:type="arc" preferredLabel="http://www.xbrl.org/2003/role/terseLabel"/>
    <link:loc xlink:type="locator" xlink:label="loc_us-gaap_CommonStockValue_6c1b55df-b1d0-436f-8263-c9bc298fd591" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_CommonStockValue"/>
    <link:presentationArc order="2" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaap_StockholdersEquityIncludingPortionAttributableToNoncontrollingInterestAbstract_77093ae7-f2b3-45f3-ba72-3539cb54ded7" xlink:to="loc_us-gaap_CommonStockValue_6c1b55df-b1d0-436f-8263-c9bc298fd591" xlink:type="arc" preferredLabel="http://www.xbrl.org/2003/role/terseLabel"/>
    <link:loc xlink:type="locator" xlink:label="loc_us-gaap_AdditionalPaidInCapitalCommonStock_030f1117-1970-4ba8-9df4-ddae4a8dfb48" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_AdditionalPaidInCapitalCommonStock"/>
    <link:presentationArc order="3" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaap_StockholdersEquityIncludingPortionAttributableToNoncontrollingInterestAbstract_77093ae7-f2b3-45f3-ba72-3539cb54ded7" xlink:to="loc_us-gaap_AdditionalPaidInCapitalCommonStock_030f1117-1970-4ba8-9df4-ddae4a8dfb48" xlink:type="arc" preferredLabel="http://www.xbrl.org/2003/role/terseLabel"/>
    <link:loc xlink:type="locator" xlink:label="loc_us-gaap_AccumulatedDistributionsInExcessOfNetIncome_435a1d11-ff1b-4d82-bdc3-d5720a4be57b" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_AccumulatedDistributionsInExcessOfNetIncome"/>
    <link:presentationArc order="4" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaap_StockholdersEquityIncludingPortionAttributableToNoncontrollingInterestAbstract_77093ae7-f2b3-45f3-ba72-3539cb54ded7" xlink:to="loc_us-gaap_AccumulatedDistributionsInExcessOfNetIncome_435a1d11-ff1b-4d82-bdc3-d5720a4be57b" xlink:type="arc" preferredLabel="http://www.xbrl.org/2009/role/negatedLabel"/>
    <link:loc xlink:type="locator" xlink:label="loc_us-gaap_AccumulatedOtherComprehensiveIncomeLossNetOfTax_66e597ee-f810-4821-ad02-b739f62a416d" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_AccumulatedOtherComprehensiveIncomeLossNetOfTax"/>
    <link:presentationArc order="5" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaap_StockholdersEquityIncludingPortionAttributableToNoncontrollingInterestAbstract_77093ae7-f2b3-45f3-ba72-3539cb54ded7" xlink:to="loc_us-gaap_AccumulatedOtherComprehensiveIncomeLossNetOfTax_66e597ee-f810-4821-ad02-b739f62a416d" xlink:type="arc" preferredLabel="http://www.xbrl.org/2003/role/terseLabel"/>
    <link:loc xlink:type="locator" xlink:label="loc_us-gaap_StockholdersEquity_48c417ea-95f7-450a-8999-1adfff5153c6" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_StockholdersEquity"/>
    <link:presentationArc order="6" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaap_StockholdersEquityIncludingPortionAttributableToNoncontrollingInterestAbstract_77093ae7-f2b3-45f3-ba72-3539cb54ded7" xlink:to="loc_us-gaap_StockholdersEquity_48c417ea-95f7-450a-8999-1adfff5153c6" xlink:type="arc" preferredLabel="http://www.xbrl.org/2003/role/terseLabel"/>
    <link:loc xlink:type="locator" xlink:label="loc_us-gaap_MinorityInterest_ab1bbf06-cf3d-4a71-83cc-68297ee69404" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_MinorityInterest"/>
    <link:presentationArc order="7" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaap_StockholdersEquityIncludingPortionAttributableToNoncontrollingInterestAbstract_77093ae7-f2b3-45f3-ba72-3539cb54ded7" xlink:to="loc_us-gaap_MinorityInterest_ab1bbf06-cf3d-4a71-83cc-68297ee69404" xlink:type="arc" preferredLabel="http://www.xbrl.org/2003/role/terseLabel"/>
    <link:loc xlink:type="locator" xlink:label="loc_us-gaap_StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest_a83461b5-0daf-4ded-a564-5e1d91f904f1" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest"/>
    <link:presentationArc order="8" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaap_StockholdersEquityIncludingPortionAttributableToNoncontrollingInterestAbstract_77093ae7-f2b3-45f3-ba72-3539cb54ded7" xlink:to="loc_us-gaap_StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest_a83461b5-0daf-4ded-a564-5e1d91f904f1" xlink:type="arc" preferredLabel="http://www.xbrl.org/2003/role/totalLabel"/>
    <link:loc xlink:type="locator" xlink:label="loc_us-gaap_PartnersCapitalAbstract_2c68e2ca-6fe1-4260-a7c4-fe4d0b7cdb41" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_PartnersCapitalAbstract"/>
    <link:presentationArc order="6" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaap_StatementLineItems_53ae620c-0d4e-41c8-910c-0ce250a25569" xlink:to="loc_us-gaap_PartnersCapitalAbstract_2c68e2ca-6fe1-4260-a7c4-fe4d0b7cdb41" xlink:type="arc" preferredLabel="http://www.xbrl.org/2003/role/terseLabel"/>
    <link:loc xlink:type="locator" xlink:label="loc_us-gaap_PreferredUnitsPreferredPartnersCapitalAccounts_f27a6a1f-4441-4333-b6bb-39af6aabbb96" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_PreferredUnitsPreferredPartnersCapitalAccounts"/>
    <link:presentationArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaap_PartnersCapitalAbstract_2c68e2ca-6fe1-4260-a7c4-fe4d0b7cdb41" xlink:to="loc_us-gaap_PreferredUnitsPreferredPartnersCapitalAccounts_f27a6a1f-4441-4333-b6bb-39af6aabbb96" xlink:type="arc" preferredLabel="http://www.xbrl.org/2003/role/terseLabel"/>
    <link:loc xlink:type="locator" xlink:label="loc_frt_CommonUnitsCapitalAccounts_8a7b60de-a87f-4c2b-b86b-0c9c809a4691" xlink:href="frt-20250331.xsd#frt_CommonUnitsCapitalAccounts"/>
    <link:presentationArc order="2" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaap_PartnersCapitalAbstract_2c68e2ca-6fe1-4260-a7c4-fe4d0b7cdb41" xlink:to="loc_frt_CommonUnitsCapitalAccounts_8a7b60de-a87f-4c2b-b86b-0c9c809a4691" xlink:type="arc" preferredLabel="http://www.xbrl.org/2003/role/terseLabel"/>
    <link:loc xlink:type="locator" xlink:label="loc_us-gaap_AccumulatedOtherComprehensiveIncomeLossNetOfTax_d6a04394-a150-477b-b407-4aadb301b32f" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_AccumulatedOtherComprehensiveIncomeLossNetOfTax"/>
    <link:presentationArc order="3" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaap_PartnersCapitalAbstract_2c68e2ca-6fe1-4260-a7c4-fe4d0b7cdb41" xlink:to="loc_us-gaap_AccumulatedOtherComprehensiveIncomeLossNetOfTax_d6a04394-a150-477b-b407-4aadb301b32f" xlink:type="arc" preferredLabel="http://www.xbrl.org/2003/role/terseLabel"/>
    <link:loc xlink:type="locator" xlink:label="loc_us-gaap_PartnersCapital_2a343d02-239a-4ce5-aeb1-390ea103afe0" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_PartnersCapital"/>
    <link:presentationArc order="4" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaap_PartnersCapitalAbstract_2c68e2ca-6fe1-4260-a7c4-fe4d0b7cdb41" xlink:to="loc_us-gaap_PartnersCapital_2a343d02-239a-4ce5-aeb1-390ea103afe0" xlink:type="arc" preferredLabel="http://www.xbrl.org/2003/role/terseLabel"/>
    <link:loc xlink:type="locator" xlink:label="loc_us-gaap_PartnersCapitalAttributableToNoncontrollingInterest_47162b25-3b94-4b64-be43-b7ca363f404a" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_PartnersCapitalAttributableToNoncontrollingInterest"/>
    <link:presentationArc order="5" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaap_PartnersCapitalAbstract_2c68e2ca-6fe1-4260-a7c4-fe4d0b7cdb41" xlink:to="loc_us-gaap_PartnersCapitalAttributableToNoncontrollingInterest_47162b25-3b94-4b64-be43-b7ca363f404a" xlink:type="arc" preferredLabel="http://www.xbrl.org/2003/role/terseLabel"/>
    <link:loc xlink:type="locator" xlink:label="loc_us-gaap_PartnersCapitalIncludingPortionAttributableToNoncontrollingInterest_8da7d0b6-906c-4676-a1b6-77eec377a1a7" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_PartnersCapitalIncludingPortionAttributableToNoncontrollingInterest"/>
    <link:presentationArc order="6" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaap_PartnersCapitalAbstract_2c68e2ca-6fe1-4260-a7c4-fe4d0b7cdb41" xlink:to="loc_us-gaap_PartnersCapitalIncludingPortionAttributableToNoncontrollingInterest_8da7d0b6-906c-4676-a1b6-77eec377a1a7" xlink:type="arc" preferredLabel="http://www.xbrl.org/2003/role/terseLabel"/>
    <link:loc xlink:type="locator" xlink:label="loc_us-gaap_LiabilitiesAndStockholdersEquity_3cc1f835-0717-4ec5-9033-8f7000e22667" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_LiabilitiesAndStockholdersEquity"/>
    <link:presentationArc order="7" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaap_StatementLineItems_53ae620c-0d4e-41c8-910c-0ce250a25569" xlink:to="loc_us-gaap_LiabilitiesAndStockholdersEquity_3cc1f835-0717-4ec5-9033-8f7000e22667" xlink:type="arc" preferredLabel="http://www.xbrl.org/2003/role/terseLabel"/>
  </link:presentationLink>
  <link:roleRef roleURI="http://www.federalrealty.com/role/ConsolidatedBalanceSheetsParentheticals" xlink:type="simple" xlink:href="frt-20250331.xsd#ConsolidatedBalanceSheetsParentheticals"/>
  <link:presentationLink xlink:role="http://www.federalrealty.com/role/ConsolidatedBalanceSheetsParentheticals" xlink:type="extended">
    <link:loc xlink:type="locator" xlink:label="loc_us-gaap_StatementOfFinancialPositionAbstract_fecd8d48-4748-4b86-9113-426df32079aa" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_StatementOfFinancialPositionAbstract"/>
    <link:loc xlink:type="locator" xlink:label="loc_us-gaap_StatementTable_ccc2302d-f98c-44e2-b370-d35e51164696" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_StatementTable"/>
    <link:presentationArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaap_StatementOfFinancialPositionAbstract_fecd8d48-4748-4b86-9113-426df32079aa" xlink:to="loc_us-gaap_StatementTable_ccc2302d-f98c-44e2-b370-d35e51164696" xlink:type="arc" preferredLabel="http://www.xbrl.org/2003/role/terseLabel"/>
    <link:loc xlink:type="locator" xlink:label="loc_us-gaap_StatementClassOfStockAxis_301cadda-92d6-4e72-80fb-929ac8f26ae7" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_StatementClassOfStockAxis"/>
    <link:presentationArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaap_StatementTable_ccc2302d-f98c-44e2-b370-d35e51164696" xlink:to="loc_us-gaap_StatementClassOfStockAxis_301cadda-92d6-4e72-80fb-929ac8f26ae7" xlink:type="arc" preferredLabel="http://www.xbrl.org/2003/role/terseLabel"/>
    <link:loc xlink:type="locator" xlink:label="loc_us-gaap_ClassOfStockDomain_22ab9eda-bbee-48e8-9978-a0e151223705" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_ClassOfStockDomain"/>
    <link:presentationArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaap_StatementClassOfStockAxis_301cadda-92d6-4e72-80fb-929ac8f26ae7" xlink:to="loc_us-gaap_ClassOfStockDomain_22ab9eda-bbee-48e8-9978-a0e151223705" xlink:type="arc" preferredLabel="http://www.xbrl.org/2003/role/terseLabel"/>
    <link:loc xlink:type="locator" xlink:label="loc_frt_A5417Series1CumulativeConvertiblePreferredMember_c808ad24-13ac-4d86-b0e8-a3f5257f2687" xlink:href="frt-20250331.xsd#frt_A5417Series1CumulativeConvertiblePreferredMember"/>
    <link:presentationArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaap_ClassOfStockDomain_22ab9eda-bbee-48e8-9978-a0e151223705" xlink:to="loc_frt_A5417Series1CumulativeConvertiblePreferredMember_c808ad24-13ac-4d86-b0e8-a3f5257f2687" xlink:type="arc" preferredLabel="http://www.xbrl.org/2003/role/terseLabel"/>
    <link:loc xlink:type="locator" xlink:label="loc_frt_A5.0SeriesCCumulativeRedeemablePreferredMember_3cc3856b-878f-44db-b15f-9bcdcd8262c7" xlink:href="frt-20250331.xsd#frt_A5.0SeriesCCumulativeRedeemablePreferredMember"/>
    <link:presentationArc order="2" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaap_ClassOfStockDomain_22ab9eda-bbee-48e8-9978-a0e151223705" xlink:to="loc_frt_A5.0SeriesCCumulativeRedeemablePreferredMember_3cc3856b-878f-44db-b15f-9bcdcd8262c7" xlink:type="arc" preferredLabel="http://www.xbrl.org/2003/role/terseLabel"/>
    <link:loc xlink:type="locator" xlink:label="loc_srt_ConsolidatedEntitiesAxis_61845d9a-a123-4393-83e7-4697a0fd9871" xlink:href="https://xbrl.fasb.org/srt/2025/elts/srt-2025.xsd#srt_ConsolidatedEntitiesAxis"/>
    <link:presentationArc order="2" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaap_StatementTable_ccc2302d-f98c-44e2-b370-d35e51164696" xlink:to="loc_srt_ConsolidatedEntitiesAxis_61845d9a-a123-4393-83e7-4697a0fd9871" xlink:type="arc" preferredLabel="http://www.xbrl.org/2003/role/terseLabel"/>
    <link:loc xlink:type="locator" xlink:label="loc_srt_ConsolidatedEntitiesDomain_ced48b7e-34bb-4030-a8ea-edba0e1e19f3" xlink:href="https://xbrl.fasb.org/srt/2025/elts/srt-2025.xsd#srt_ConsolidatedEntitiesDomain"/>
    <link:presentationArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_srt_ConsolidatedEntitiesAxis_61845d9a-a123-4393-83e7-4697a0fd9871" xlink:to="loc_srt_ConsolidatedEntitiesDomain_ced48b7e-34bb-4030-a8ea-edba0e1e19f3" xlink:type="arc" preferredLabel="http://www.xbrl.org/2003/role/terseLabel"/>
    <link:loc xlink:type="locator" xlink:label="loc_srt_PartnershipInterestMember_4b26bc12-b937-4e31-8cd8-f1f93151ad21" xlink:href="https://xbrl.fasb.org/srt/2025/elts/srt-2025.xsd#srt_PartnershipInterestMember"/>
    <link:presentationArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_srt_ConsolidatedEntitiesDomain_ced48b7e-34bb-4030-a8ea-edba0e1e19f3" xlink:to="loc_srt_PartnershipInterestMember_4b26bc12-b937-4e31-8cd8-f1f93151ad21" xlink:type="arc" preferredLabel="http://www.xbrl.org/2003/role/terseLabel"/>
    <link:loc xlink:type="locator" xlink:label="loc_us-gaap_StatementLineItems_1b4de41b-bfcd-4301-8a8e-37632105e8b9" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_StatementLineItems"/>
    <link:presentationArc order="3" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaap_StatementTable_ccc2302d-f98c-44e2-b370-d35e51164696" xlink:to="loc_us-gaap_StatementLineItems_1b4de41b-bfcd-4301-8a8e-37632105e8b9" xlink:type="arc" preferredLabel="http://www.xbrl.org/2003/role/terseLabel"/>
    <link:loc xlink:type="locator" xlink:label="loc_frt_OperatingRealEstateFromConsolidatedVariableInterestEntities_9662099c-6541-4c83-b30b-3765e7d44443" xlink:href="frt-20250331.xsd#frt_OperatingRealEstateFromConsolidatedVariableInterestEntities"/>
    <link:presentationArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaap_StatementLineItems_1b4de41b-bfcd-4301-8a8e-37632105e8b9" xlink:to="loc_frt_OperatingRealEstateFromConsolidatedVariableInterestEntities_9662099c-6541-4c83-b30b-3765e7d44443" xlink:type="arc" preferredLabel="http://www.xbrl.org/2003/role/terseLabel"/>
    <link:loc xlink:type="locator" xlink:label="loc_frt_Constructioninprogresofconsolidatedvariableieestentity_a9b24959-7e4a-4f78-bb74-d29d3dfd9a70" xlink:href="frt-20250331.xsd#frt_Constructioninprogresofconsolidatedvariableieestentity"/>
    <link:presentationArc order="2" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaap_StatementLineItems_1b4de41b-bfcd-4301-8a8e-37632105e8b9" xlink:to="loc_frt_Constructioninprogresofconsolidatedvariableieestentity_a9b24959-7e4a-4f78-bb74-d29d3dfd9a70" xlink:type="arc" preferredLabel="http://www.xbrl.org/2003/role/terseLabel"/>
    <link:loc xlink:type="locator" xlink:label="loc_frt_AccumulatedDepreciationAndAmortizationConsolidatedVariableInterestEntities_e857a9e7-6bf5-4e45-8950-d36642ef830f" xlink:href="frt-20250331.xsd#frt_AccumulatedDepreciationAndAmortizationConsolidatedVariableInterestEntities"/>
    <link:presentationArc order="3" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaap_StatementLineItems_1b4de41b-bfcd-4301-8a8e-37632105e8b9" xlink:to="loc_frt_AccumulatedDepreciationAndAmortizationConsolidatedVariableInterestEntities_e857a9e7-6bf5-4e45-8950-d36642ef830f" xlink:type="arc" preferredLabel="http://www.xbrl.org/2003/role/terseLabel"/>
    <link:loc xlink:type="locator" xlink:label="loc_frt_MortgagePayableFromConsolidatedVariableInterestEntities_02dd62fd-306f-44b3-ad9e-311662471d2e" xlink:href="frt-20250331.xsd#frt_MortgagePayableFromConsolidatedVariableInterestEntities"/>
    <link:presentationArc order="4" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaap_StatementLineItems_1b4de41b-bfcd-4301-8a8e-37632105e8b9" xlink:to="loc_frt_MortgagePayableFromConsolidatedVariableInterestEntities_02dd62fd-306f-44b3-ad9e-311662471d2e" xlink:type="arc" preferredLabel="http://www.xbrl.org/2003/role/terseLabel"/>
    <link:loc xlink:type="locator" xlink:label="loc_us-gaap_PreferredStockSharesAuthorized_b4358090-62a8-4028-b828-0ae54e33f5a7" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_PreferredStockSharesAuthorized"/>
    <link:presentationArc order="5" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaap_StatementLineItems_1b4de41b-bfcd-4301-8a8e-37632105e8b9" xlink:to="loc_us-gaap_PreferredStockSharesAuthorized_b4358090-62a8-4028-b828-0ae54e33f5a7" xlink:type="arc" preferredLabel="http://www.xbrl.org/2003/role/terseLabel"/>
    <link:loc xlink:type="locator" xlink:label="loc_us-gaap_PreferredStockParOrStatedValuePerShare_07bcd4ba-7cd8-4cb5-b6c0-55d646b08be7" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_PreferredStockParOrStatedValuePerShare"/>
    <link:presentationArc order="6" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaap_StatementLineItems_1b4de41b-bfcd-4301-8a8e-37632105e8b9" xlink:to="loc_us-gaap_PreferredStockParOrStatedValuePerShare_07bcd4ba-7cd8-4cb5-b6c0-55d646b08be7" xlink:type="arc" preferredLabel="http://www.xbrl.org/2003/role/terseLabel"/>
    <link:loc xlink:type="locator" xlink:label="loc_us-gaap_PreferredStockDividendRatePercentage_ef6731e6-0562-4e61-bc47-96f3963200e8" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_PreferredStockDividendRatePercentage"/>
    <link:presentationArc order="7" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaap_StatementLineItems_1b4de41b-bfcd-4301-8a8e-37632105e8b9" xlink:to="loc_us-gaap_PreferredStockDividendRatePercentage_ef6731e6-0562-4e61-bc47-96f3963200e8" xlink:type="arc" preferredLabel="http://www.xbrl.org/2003/role/terseLabel"/>
    <link:loc xlink:type="locator" xlink:label="loc_us-gaap_PreferredStockLiquidationPreference_3a9a6977-f753-4c18-93d2-aa76c7b45508" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_PreferredStockLiquidationPreference"/>
    <link:presentationArc order="8" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaap_StatementLineItems_1b4de41b-bfcd-4301-8a8e-37632105e8b9" xlink:to="loc_us-gaap_PreferredStockLiquidationPreference_3a9a6977-f753-4c18-93d2-aa76c7b45508" xlink:type="arc" preferredLabel="http://www.xbrl.org/2003/role/terseLabel"/>
    <link:loc xlink:type="locator" xlink:label="loc_us-gaap_PreferredStockSharesIssued_a0ebf156-1640-4115-a971-33bf36c02954" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_PreferredStockSharesIssued"/>
    <link:presentationArc order="9" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaap_StatementLineItems_1b4de41b-bfcd-4301-8a8e-37632105e8b9" xlink:to="loc_us-gaap_PreferredStockSharesIssued_a0ebf156-1640-4115-a971-33bf36c02954" xlink:type="arc" preferredLabel="http://www.xbrl.org/2003/role/terseLabel"/>
    <link:loc xlink:type="locator" xlink:label="loc_us-gaap_CommonStockParOrStatedValuePerShare_31dc7e16-31d8-47dc-94a2-8e9c3ac2a02d" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_CommonStockParOrStatedValuePerShare"/>
    <link:presentationArc order="10" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaap_StatementLineItems_1b4de41b-bfcd-4301-8a8e-37632105e8b9" xlink:to="loc_us-gaap_CommonStockParOrStatedValuePerShare_31dc7e16-31d8-47dc-94a2-8e9c3ac2a02d" xlink:type="arc" preferredLabel="http://www.xbrl.org/2003/role/terseLabel"/>
    <link:loc xlink:type="locator" xlink:label="loc_us-gaap_CommonStockSharesAuthorized_f4471857-ad2a-4201-9f0e-217a20073d90" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_CommonStockSharesAuthorized"/>
    <link:presentationArc order="11" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaap_StatementLineItems_1b4de41b-bfcd-4301-8a8e-37632105e8b9" xlink:to="loc_us-gaap_CommonStockSharesAuthorized_f4471857-ad2a-4201-9f0e-217a20073d90" xlink:type="arc" preferredLabel="http://www.xbrl.org/2003/role/terseLabel"/>
    <link:loc xlink:type="locator" xlink:label="loc_us-gaap_CommonStockSharesIssued_803adc63-39e5-4b36-8ff8-a1c7a65018b1" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_CommonStockSharesIssued"/>
    <link:presentationArc order="12" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaap_StatementLineItems_1b4de41b-bfcd-4301-8a8e-37632105e8b9" xlink:to="loc_us-gaap_CommonStockSharesIssued_803adc63-39e5-4b36-8ff8-a1c7a65018b1" xlink:type="arc" preferredLabel="http://www.xbrl.org/2003/role/terseLabel"/>
    <link:loc xlink:type="locator" xlink:label="loc_us-gaap_CommonStockSharesOutstanding_3024f25d-7fed-41e1-9383-8a58075eabc7" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_CommonStockSharesOutstanding"/>
    <link:presentationArc order="13" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaap_StatementLineItems_1b4de41b-bfcd-4301-8a8e-37632105e8b9" xlink:to="loc_us-gaap_CommonStockSharesOutstanding_3024f25d-7fed-41e1-9383-8a58075eabc7" xlink:type="arc" preferredLabel="http://www.xbrl.org/2003/role/terseLabel"/>
    <link:loc xlink:type="locator" xlink:label="loc_us-gaap_PreferredStockSharesOutstanding_a61dab57-5bac-403e-91a3-537547ea2a3d" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_PreferredStockSharesOutstanding"/>
    <link:presentationArc order="14" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaap_StatementLineItems_1b4de41b-bfcd-4301-8a8e-37632105e8b9" xlink:to="loc_us-gaap_PreferredStockSharesOutstanding_a61dab57-5bac-403e-91a3-537547ea2a3d" xlink:type="arc" preferredLabel="http://www.xbrl.org/2003/role/terseLabel"/>
    <link:loc xlink:type="locator" xlink:label="loc_us-gaap_PreferredUnitsIssued_8f612ea9-6f2d-456a-8269-974ceeff1a15" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_PreferredUnitsIssued"/>
    <link:presentationArc order="15" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaap_StatementLineItems_1b4de41b-bfcd-4301-8a8e-37632105e8b9" xlink:to="loc_us-gaap_PreferredUnitsIssued_8f612ea9-6f2d-456a-8269-974ceeff1a15" xlink:type="arc" preferredLabel="http://www.xbrl.org/2003/role/terseLabel"/>
    <link:loc xlink:type="locator" xlink:label="loc_us-gaap_PreferredUnitsOutstanding_c69e38fd-1d72-4eb8-92b9-32416958de4e" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_PreferredUnitsOutstanding"/>
    <link:presentationArc order="16" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaap_StatementLineItems_1b4de41b-bfcd-4301-8a8e-37632105e8b9" xlink:to="loc_us-gaap_PreferredUnitsOutstanding_c69e38fd-1d72-4eb8-92b9-32416958de4e" xlink:type="arc" preferredLabel="http://www.xbrl.org/2003/role/terseLabel"/>
    <link:loc xlink:type="locator" xlink:label="loc_us-gaap_CommonUnitIssued_a4b4ed9a-457d-4d0e-ac53-6ae0c22c2e21" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_CommonUnitIssued"/>
    <link:presentationArc order="17" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaap_StatementLineItems_1b4de41b-bfcd-4301-8a8e-37632105e8b9" xlink:to="loc_us-gaap_CommonUnitIssued_a4b4ed9a-457d-4d0e-ac53-6ae0c22c2e21" xlink:type="arc" preferredLabel="http://www.xbrl.org/2003/role/terseLabel"/>
    <link:loc xlink:type="locator" xlink:label="loc_us-gaap_CommonUnitOutstanding_dfb207cf-7936-4497-8763-bbb64d38211c" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_CommonUnitOutstanding"/>
    <link:presentationArc order="18" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaap_StatementLineItems_1b4de41b-bfcd-4301-8a8e-37632105e8b9" xlink:to="loc_us-gaap_CommonUnitOutstanding_dfb207cf-7936-4497-8763-bbb64d38211c" xlink:type="arc" preferredLabel="http://www.xbrl.org/2003/role/terseLabel"/>
  </link:presentationLink>
  <link:roleRef roleURI="http://www.federalrealty.com/role/ConsolidatedStatementsOfComprehensiveIncome" xlink:type="simple" xlink:href="frt-20250331.xsd#ConsolidatedStatementsOfComprehensiveIncome"/>
  <link:presentationLink xlink:role="http://www.federalrealty.com/role/ConsolidatedStatementsOfComprehensiveIncome" xlink:type="extended">
    <link:loc xlink:type="locator" xlink:label="loc_us-gaap_IncomeStatementAbstract_89062c5a-df24-49e0-adcb-15f03eb0e075" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_IncomeStatementAbstract"/>
    <link:loc xlink:type="locator" xlink:label="loc_us-gaap_StatementTable_1cc52243-1c70-49f5-a305-7bf0a51d45ec" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_StatementTable"/>
    <link:presentationArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaap_IncomeStatementAbstract_89062c5a-df24-49e0-adcb-15f03eb0e075" xlink:to="loc_us-gaap_StatementTable_1cc52243-1c70-49f5-a305-7bf0a51d45ec" xlink:type="arc" preferredLabel="http://www.xbrl.org/2003/role/terseLabel"/>
    <link:loc xlink:type="locator" xlink:label="loc_srt_ConsolidatedEntitiesAxis_da112715-7164-4202-984a-64f67a4c61ac" xlink:href="https://xbrl.fasb.org/srt/2025/elts/srt-2025.xsd#srt_ConsolidatedEntitiesAxis"/>
    <link:presentationArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaap_StatementTable_1cc52243-1c70-49f5-a305-7bf0a51d45ec" xlink:to="loc_srt_ConsolidatedEntitiesAxis_da112715-7164-4202-984a-64f67a4c61ac" xlink:type="arc" preferredLabel="http://www.xbrl.org/2003/role/terseLabel"/>
    <link:loc xlink:type="locator" xlink:label="loc_srt_ConsolidatedEntitiesDomain_3d070c7a-ac85-40e0-9a97-86cac0bc7815" xlink:href="https://xbrl.fasb.org/srt/2025/elts/srt-2025.xsd#srt_ConsolidatedEntitiesDomain"/>
    <link:presentationArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_srt_ConsolidatedEntitiesAxis_da112715-7164-4202-984a-64f67a4c61ac" xlink:to="loc_srt_ConsolidatedEntitiesDomain_3d070c7a-ac85-40e0-9a97-86cac0bc7815" xlink:type="arc" preferredLabel="http://www.xbrl.org/2003/role/terseLabel"/>
    <link:loc xlink:type="locator" xlink:label="loc_srt_PartnershipInterestMember_8d62a75d-59a3-47e2-8aef-d647dd448c24" xlink:href="https://xbrl.fasb.org/srt/2025/elts/srt-2025.xsd#srt_PartnershipInterestMember"/>
    <link:presentationArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_srt_ConsolidatedEntitiesDomain_3d070c7a-ac85-40e0-9a97-86cac0bc7815" xlink:to="loc_srt_PartnershipInterestMember_8d62a75d-59a3-47e2-8aef-d647dd448c24" xlink:type="arc" preferredLabel="http://www.xbrl.org/2003/role/terseLabel"/>
    <link:loc xlink:type="locator" xlink:label="loc_us-gaap_StatementLineItems_8ecfd910-527a-4a2b-8981-efe3a2ccfcb2" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_StatementLineItems"/>
    <link:presentationArc order="2" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaap_StatementTable_1cc52243-1c70-49f5-a305-7bf0a51d45ec" xlink:to="loc_us-gaap_StatementLineItems_8ecfd910-527a-4a2b-8981-efe3a2ccfcb2" xlink:type="arc" preferredLabel="http://www.xbrl.org/2003/role/terseLabel"/>
    <link:loc xlink:type="locator" xlink:label="loc_us-gaap_RevenuesAbstract_b475cfdd-0b57-4b55-a859-8aa7808af40f" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_RevenuesAbstract"/>
    <link:presentationArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaap_StatementLineItems_8ecfd910-527a-4a2b-8981-efe3a2ccfcb2" xlink:to="loc_us-gaap_RevenuesAbstract_b475cfdd-0b57-4b55-a859-8aa7808af40f" xlink:type="arc" preferredLabel="http://www.xbrl.org/2003/role/terseLabel"/>
    <link:loc xlink:type="locator" xlink:label="loc_us-gaap_OperatingLeaseLeaseIncome_970e8c44-3570-4147-a945-101b18c705ce" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_OperatingLeaseLeaseIncome"/>
    <link:presentationArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaap_RevenuesAbstract_b475cfdd-0b57-4b55-a859-8aa7808af40f" xlink:to="loc_us-gaap_OperatingLeaseLeaseIncome_970e8c44-3570-4147-a945-101b18c705ce" xlink:type="arc" preferredLabel="http://www.xbrl.org/2003/role/terseLabel"/>
    <link:loc xlink:type="locator" xlink:label="loc_frt_OtherPropertyIncome_41ec183e-654c-4a4c-a1e1-5387c5c6bf19" xlink:href="frt-20250331.xsd#frt_OtherPropertyIncome"/>
    <link:presentationArc order="2" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaap_RevenuesAbstract_b475cfdd-0b57-4b55-a859-8aa7808af40f" xlink:to="loc_frt_OtherPropertyIncome_41ec183e-654c-4a4c-a1e1-5387c5c6bf19" xlink:type="arc" preferredLabel="http://www.xbrl.org/2003/role/terseLabel"/>
    <link:loc xlink:type="locator" xlink:label="loc_frt_RevenueMortgageInterest_4f72b50d-a100-4b08-99d1-8ad1b2a67fa2" xlink:href="frt-20250331.xsd#frt_RevenueMortgageInterest"/>
    <link:presentationArc order="3" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaap_RevenuesAbstract_b475cfdd-0b57-4b55-a859-8aa7808af40f" xlink:to="loc_frt_RevenueMortgageInterest_4f72b50d-a100-4b08-99d1-8ad1b2a67fa2" xlink:type="arc" preferredLabel="http://www.xbrl.org/2003/role/terseLabel"/>
    <link:loc xlink:type="locator" xlink:label="loc_us-gaap_Revenues_828786eb-a4f9-4cbd-805e-55b056b29027" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_Revenues"/>
    <link:presentationArc order="4" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaap_RevenuesAbstract_b475cfdd-0b57-4b55-a859-8aa7808af40f" xlink:to="loc_us-gaap_Revenues_828786eb-a4f9-4cbd-805e-55b056b29027" xlink:type="arc" preferredLabel="http://www.xbrl.org/2003/role/totalLabel"/>
    <link:loc xlink:type="locator" xlink:label="loc_us-gaap_OperatingExpensesAbstract_e2973eb4-f7ed-4d51-8d8d-e685668e226a" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_OperatingExpensesAbstract"/>
    <link:presentationArc order="2" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaap_StatementLineItems_8ecfd910-527a-4a2b-8981-efe3a2ccfcb2" xlink:to="loc_us-gaap_OperatingExpensesAbstract_e2973eb4-f7ed-4d51-8d8d-e685668e226a" xlink:type="arc" preferredLabel="http://www.xbrl.org/2003/role/terseLabel"/>
    <link:loc xlink:type="locator" xlink:label="loc_us-gaap_OtherCostAndExpenseOperating_e2c7d84a-793b-40aa-a10a-b70f32c9fbd4" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_OtherCostAndExpenseOperating"/>
    <link:presentationArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaap_OperatingExpensesAbstract_e2973eb4-f7ed-4d51-8d8d-e685668e226a" xlink:to="loc_us-gaap_OtherCostAndExpenseOperating_e2c7d84a-793b-40aa-a10a-b70f32c9fbd4" xlink:type="arc" preferredLabel="http://www.xbrl.org/2003/role/terseLabel"/>
    <link:loc xlink:type="locator" xlink:label="loc_us-gaap_RealEstateTaxExpense_dcacec7b-06ed-4416-8024-93dac81c0729" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_RealEstateTaxExpense"/>
    <link:presentationArc order="2" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaap_OperatingExpensesAbstract_e2973eb4-f7ed-4d51-8d8d-e685668e226a" xlink:to="loc_us-gaap_RealEstateTaxExpense_dcacec7b-06ed-4416-8024-93dac81c0729" xlink:type="arc" preferredLabel="http://www.xbrl.org/2003/role/terseLabel"/>
    <link:loc xlink:type="locator" xlink:label="loc_us-gaap_GeneralAndAdministrativeExpense_212aac2c-9cc4-45b5-8ee2-0cfaa456ce87" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_GeneralAndAdministrativeExpense"/>
    <link:presentationArc order="3" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaap_OperatingExpensesAbstract_e2973eb4-f7ed-4d51-8d8d-e685668e226a" xlink:to="loc_us-gaap_GeneralAndAdministrativeExpense_212aac2c-9cc4-45b5-8ee2-0cfaa456ce87" xlink:type="arc" preferredLabel="http://www.xbrl.org/2003/role/terseLabel"/>
    <link:loc xlink:type="locator" xlink:label="loc_us-gaap_DepreciationAndAmortization_c9e8b47d-7fa0-4816-9dfe-8acebc4ecb8b" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_DepreciationAndAmortization"/>
    <link:presentationArc order="4" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaap_OperatingExpensesAbstract_e2973eb4-f7ed-4d51-8d8d-e685668e226a" xlink:to="loc_us-gaap_DepreciationAndAmortization_c9e8b47d-7fa0-4816-9dfe-8acebc4ecb8b" xlink:type="arc" preferredLabel="http://www.xbrl.org/2003/role/terseLabel"/>
    <link:loc xlink:type="locator" xlink:label="loc_us-gaap_OperatingExpenses_0f78f5df-8fe6-4fe0-b46d-723895adc974" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_OperatingExpenses"/>
    <link:presentationArc order="5" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaap_OperatingExpensesAbstract_e2973eb4-f7ed-4d51-8d8d-e685668e226a" xlink:to="loc_us-gaap_OperatingExpenses_0f78f5df-8fe6-4fe0-b46d-723895adc974" xlink:type="arc" preferredLabel="http://www.xbrl.org/2003/role/totalLabel"/>
    <link:loc xlink:type="locator" xlink:label="loc_frt_GainOnSaleOfRealEstate_7bc00dcb-3a9f-49ed-bd61-083b86574c34" xlink:href="frt-20250331.xsd#frt_GainOnSaleOfRealEstate"/>
    <link:presentationArc order="6" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaap_OperatingExpensesAbstract_e2973eb4-f7ed-4d51-8d8d-e685668e226a" xlink:to="loc_frt_GainOnSaleOfRealEstate_7bc00dcb-3a9f-49ed-bd61-083b86574c34" xlink:type="arc" preferredLabel="http://www.xbrl.org/2003/role/terseLabel"/>
    <link:loc xlink:type="locator" xlink:label="loc_us-gaap_OperatingIncomeLoss_f4664d72-c817-4a04-afc5-00dba48fcb77" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_OperatingIncomeLoss"/>
    <link:presentationArc order="3" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaap_StatementLineItems_8ecfd910-527a-4a2b-8981-efe3a2ccfcb2" xlink:to="loc_us-gaap_OperatingIncomeLoss_f4664d72-c817-4a04-afc5-00dba48fcb77" xlink:type="arc" preferredLabel="http://www.xbrl.org/2003/role/totalLabel"/>
    <link:loc xlink:type="locator" xlink:label="loc_us-gaap_OtherIncomeAndExpensesAbstract_759d6e1c-2f4b-415b-83aa-e56aa9760853" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_OtherIncomeAndExpensesAbstract"/>
    <link:presentationArc order="4" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaap_StatementLineItems_8ecfd910-527a-4a2b-8981-efe3a2ccfcb2" xlink:to="loc_us-gaap_OtherIncomeAndExpensesAbstract_759d6e1c-2f4b-415b-83aa-e56aa9760853" xlink:type="arc" preferredLabel="http://www.xbrl.org/2003/role/terseLabel"/>
    <link:loc xlink:type="locator" xlink:label="loc_us-gaap_InterestIncomeOther_6d0e81c9-51d4-4d2d-962d-d15c4f0c87b3" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_InterestIncomeOther"/>
    <link:presentationArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaap_OtherIncomeAndExpensesAbstract_759d6e1c-2f4b-415b-83aa-e56aa9760853" xlink:to="loc_us-gaap_InterestIncomeOther_6d0e81c9-51d4-4d2d-962d-d15c4f0c87b3" xlink:type="arc" preferredLabel="http://www.xbrl.org/2003/role/terseLabel"/>
    <link:loc xlink:type="locator" xlink:label="loc_us-gaap_InterestExpense_0b7c1457-5a45-4120-932e-c67ec56f9775" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_InterestExpense"/>
    <link:presentationArc order="2" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaap_OtherIncomeAndExpensesAbstract_759d6e1c-2f4b-415b-83aa-e56aa9760853" xlink:to="loc_us-gaap_InterestExpense_0b7c1457-5a45-4120-932e-c67ec56f9775" xlink:type="arc" preferredLabel="http://www.xbrl.org/2009/role/negatedLabel"/>
    <link:loc xlink:type="locator" xlink:label="loc_us-gaap_IncomeLossFromEquityMethodInvestments_4d800537-7962-4649-8274-83d228e06235" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_IncomeLossFromEquityMethodInvestments"/>
    <link:presentationArc order="3" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaap_OtherIncomeAndExpensesAbstract_759d6e1c-2f4b-415b-83aa-e56aa9760853" xlink:to="loc_us-gaap_IncomeLossFromEquityMethodInvestments_4d800537-7962-4649-8274-83d228e06235" xlink:type="arc" preferredLabel="http://www.xbrl.org/2003/role/verboseLabel"/>
    <link:loc xlink:type="locator" xlink:label="loc_us-gaap_ProfitLoss_67c0e5c4-002f-4317-a8b2-c0f25f2137a7" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_ProfitLoss"/>
    <link:presentationArc order="5" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaap_StatementLineItems_8ecfd910-527a-4a2b-8981-efe3a2ccfcb2" xlink:to="loc_us-gaap_ProfitLoss_67c0e5c4-002f-4317-a8b2-c0f25f2137a7" xlink:type="arc" preferredLabel="http://www.xbrl.org/2003/role/totalLabel"/>
    <link:loc xlink:type="locator" xlink:label="loc_us-gaap_NetIncomeLossAttributableToNoncontrollingInterest_b72e4bc7-6b59-49f4-9860-051b5ee0da57" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_NetIncomeLossAttributableToNoncontrollingInterest"/>
    <link:presentationArc order="6" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaap_StatementLineItems_8ecfd910-527a-4a2b-8981-efe3a2ccfcb2" xlink:to="loc_us-gaap_NetIncomeLossAttributableToNoncontrollingInterest_b72e4bc7-6b59-49f4-9860-051b5ee0da57" xlink:type="arc" preferredLabel="http://www.xbrl.org/2009/role/negatedLabel"/>
    <link:loc xlink:type="locator" xlink:label="loc_us-gaap_NetIncomeLoss_b476a8a5-c90d-4fe3-840e-648004e85817" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_NetIncomeLoss"/>
    <link:presentationArc order="7" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaap_StatementLineItems_8ecfd910-527a-4a2b-8981-efe3a2ccfcb2" xlink:to="loc_us-gaap_NetIncomeLoss_b476a8a5-c90d-4fe3-840e-648004e85817" xlink:type="arc" preferredLabel="http://www.xbrl.org/2003/role/totalLabel"/>
    <link:loc xlink:type="locator" xlink:label="loc_us-gaap_PreferredStockDividendsIncomeStatementImpact_80b2088b-f4d4-43ea-91ed-dd212159070c" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_PreferredStockDividendsIncomeStatementImpact"/>
    <link:presentationArc order="8" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaap_StatementLineItems_8ecfd910-527a-4a2b-8981-efe3a2ccfcb2" xlink:to="loc_us-gaap_PreferredStockDividendsIncomeStatementImpact_80b2088b-f4d4-43ea-91ed-dd212159070c" xlink:type="arc" preferredLabel="http://www.xbrl.org/2009/role/negatedTerseLabel"/>
    <link:loc xlink:type="locator" xlink:label="loc_frt_DistributionsDeclaredToPreferredUnitHolders_b8ff0570-9b9b-4187-82d4-347ed709130e" xlink:href="frt-20250331.xsd#frt_DistributionsDeclaredToPreferredUnitHolders"/>
    <link:presentationArc order="9" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaap_StatementLineItems_8ecfd910-527a-4a2b-8981-efe3a2ccfcb2" xlink:to="loc_frt_DistributionsDeclaredToPreferredUnitHolders_b8ff0570-9b9b-4187-82d4-347ed709130e" xlink:type="arc" preferredLabel="http://www.xbrl.org/2009/role/negatedTerseLabel"/>
    <link:loc xlink:type="locator" xlink:label="loc_us-gaap_NetIncomeLossAvailableToCommonStockholdersBasic_e121ba44-553c-44f8-a706-2d3218f89266" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_NetIncomeLossAvailableToCommonStockholdersBasic"/>
    <link:presentationArc order="10" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaap_StatementLineItems_8ecfd910-527a-4a2b-8981-efe3a2ccfcb2" xlink:to="loc_us-gaap_NetIncomeLossAvailableToCommonStockholdersBasic_e121ba44-553c-44f8-a706-2d3218f89266" xlink:type="arc" preferredLabel="http://www.xbrl.org/2003/role/terseLabel"/>
    <link:loc xlink:type="locator" xlink:label="loc_us-gaap_NetIncomeLossAllocatedToGeneralPartners_04400f7c-e53d-42f0-b1d8-460d5a5f2f54" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_NetIncomeLossAllocatedToGeneralPartners"/>
    <link:presentationArc order="11" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaap_StatementLineItems_8ecfd910-527a-4a2b-8981-efe3a2ccfcb2" xlink:to="loc_us-gaap_NetIncomeLossAllocatedToGeneralPartners_04400f7c-e53d-42f0-b1d8-460d5a5f2f54" xlink:type="arc" preferredLabel="http://www.xbrl.org/2003/role/terseLabel"/>
    <link:loc xlink:type="locator" xlink:label="loc_us-gaap_EarningsPerShareBasicAbstract_ecf17cae-1089-48cf-99f9-ee094f6c99e7" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_EarningsPerShareBasicAbstract"/>
    <link:presentationArc order="12" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaap_StatementLineItems_8ecfd910-527a-4a2b-8981-efe3a2ccfcb2" xlink:to="loc_us-gaap_EarningsPerShareBasicAbstract_ecf17cae-1089-48cf-99f9-ee094f6c99e7" xlink:type="arc" preferredLabel="http://www.xbrl.org/2003/role/terseLabel"/>
    <link:loc xlink:type="locator" xlink:label="loc_us-gaap_EarningsPerShareBasic_0d5f701c-03f4-4394-b124-df9182e74a19" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_EarningsPerShareBasic"/>
    <link:presentationArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaap_EarningsPerShareBasicAbstract_ecf17cae-1089-48cf-99f9-ee094f6c99e7" xlink:to="loc_us-gaap_EarningsPerShareBasic_0d5f701c-03f4-4394-b124-df9182e74a19" xlink:type="arc" preferredLabel="http://www.xbrl.org/2003/role/terseLabel"/>
    <link:loc xlink:type="locator" xlink:label="loc_us-gaap_WeightedAverageNumberOfSharesOutstandingBasic_63efd99d-1508-47e3-8951-13cc05c12b25" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_WeightedAverageNumberOfSharesOutstandingBasic"/>
    <link:presentationArc order="2" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaap_EarningsPerShareBasicAbstract_ecf17cae-1089-48cf-99f9-ee094f6c99e7" xlink:to="loc_us-gaap_WeightedAverageNumberOfSharesOutstandingBasic_63efd99d-1508-47e3-8951-13cc05c12b25" xlink:type="arc" preferredLabel="http://www.xbrl.org/2003/role/terseLabel"/>
    <link:loc xlink:type="locator" xlink:label="loc_us-gaap_EarningsPerShareDiluted_72445447-d70a-4b45-b3e2-260e35746a23" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_EarningsPerShareDiluted"/>
    <link:presentationArc order="3" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaap_EarningsPerShareBasicAbstract_ecf17cae-1089-48cf-99f9-ee094f6c99e7" xlink:to="loc_us-gaap_EarningsPerShareDiluted_72445447-d70a-4b45-b3e2-260e35746a23" xlink:type="arc" preferredLabel="http://www.xbrl.org/2003/role/terseLabel"/>
    <link:loc xlink:type="locator" xlink:label="loc_us-gaap_WeightedAverageNumberOfDilutedSharesOutstanding_e18d810c-6fba-4726-97d9-17d4e778dcc6" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_WeightedAverageNumberOfDilutedSharesOutstanding"/>
    <link:presentationArc order="4" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaap_EarningsPerShareBasicAbstract_ecf17cae-1089-48cf-99f9-ee094f6c99e7" xlink:to="loc_us-gaap_WeightedAverageNumberOfDilutedSharesOutstanding_e18d810c-6fba-4726-97d9-17d4e778dcc6" xlink:type="arc" preferredLabel="http://www.xbrl.org/2003/role/terseLabel"/>
    <link:loc xlink:type="locator" xlink:label="loc_frt_EARNINGSPERCOMMONUNITBASICAbstract_ecd81920-221d-40e2-89fd-8176a08cdde3" xlink:href="frt-20250331.xsd#frt_EARNINGSPERCOMMONUNITBASICAbstract"/>
    <link:presentationArc order="13" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaap_StatementLineItems_8ecfd910-527a-4a2b-8981-efe3a2ccfcb2" xlink:to="loc_frt_EARNINGSPERCOMMONUNITBASICAbstract_ecd81920-221d-40e2-89fd-8176a08cdde3" xlink:type="arc" preferredLabel="http://www.xbrl.org/2003/role/terseLabel"/>
    <link:loc xlink:type="locator" xlink:label="loc_us-gaap_IncomeLossFromContinuingOperationsPerOutstandingGeneralPartnershipUnitNetOfTax_8ea6ff77-a858-47c4-bf44-58350fffe610" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_IncomeLossFromContinuingOperationsPerOutstandingGeneralPartnershipUnitNetOfTax"/>
    <link:presentationArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_frt_EARNINGSPERCOMMONUNITBASICAbstract_ecd81920-221d-40e2-89fd-8176a08cdde3" xlink:to="loc_us-gaap_IncomeLossFromContinuingOperationsPerOutstandingGeneralPartnershipUnitNetOfTax_8ea6ff77-a858-47c4-bf44-58350fffe610" xlink:type="arc" preferredLabel="http://www.xbrl.org/2003/role/terseLabel"/>
    <link:loc xlink:type="locator" xlink:label="loc_us-gaap_WeightedAverageLimitedPartnershipAndGeneralPartnershipUnitsOutstandingBasic_1d78edd7-84e4-47ca-908e-65518666d32a" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_WeightedAverageLimitedPartnershipAndGeneralPartnershipUnitsOutstandingBasic"/>
    <link:presentationArc order="2" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_frt_EARNINGSPERCOMMONUNITBASICAbstract_ecd81920-221d-40e2-89fd-8176a08cdde3" xlink:to="loc_us-gaap_WeightedAverageLimitedPartnershipAndGeneralPartnershipUnitsOutstandingBasic_1d78edd7-84e4-47ca-908e-65518666d32a" xlink:type="arc" preferredLabel="http://www.xbrl.org/2003/role/terseLabel"/>
    <link:loc xlink:type="locator" xlink:label="loc_frt_NetIncomeLossPerOutstandingLimitedPartnershipAndGeneralPartnershipUnitDilutedNetOfTax_a2d7d9b4-8891-4cfd-9cc9-77bf7dea1946" xlink:href="frt-20250331.xsd#frt_NetIncomeLossPerOutstandingLimitedPartnershipAndGeneralPartnershipUnitDilutedNetOfTax"/>
    <link:presentationArc order="3" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_frt_EARNINGSPERCOMMONUNITBASICAbstract_ecd81920-221d-40e2-89fd-8176a08cdde3" xlink:to="loc_frt_NetIncomeLossPerOutstandingLimitedPartnershipAndGeneralPartnershipUnitDilutedNetOfTax_a2d7d9b4-8891-4cfd-9cc9-77bf7dea1946" xlink:type="arc" preferredLabel="http://www.xbrl.org/2003/role/terseLabel"/>
    <link:loc xlink:type="locator" xlink:label="loc_frt_WeightedAverageCommonUnitsOutstandingDiluted_3e57c02a-008c-4986-ab22-4bf08628b74a" xlink:href="frt-20250331.xsd#frt_WeightedAverageCommonUnitsOutstandingDiluted"/>
    <link:presentationArc order="4" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_frt_EARNINGSPERCOMMONUNITBASICAbstract_ecd81920-221d-40e2-89fd-8176a08cdde3" xlink:to="loc_frt_WeightedAverageCommonUnitsOutstandingDiluted_3e57c02a-008c-4986-ab22-4bf08628b74a" xlink:type="arc" preferredLabel="http://www.xbrl.org/2003/role/terseLabel"/>
    <link:loc xlink:type="locator" xlink:label="loc_us-gaap_OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParentAbstract_e0ec46fa-787f-4635-9d06-aa75c9954fec" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParentAbstract"/>
    <link:presentationArc order="14" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaap_StatementLineItems_8ecfd910-527a-4a2b-8981-efe3a2ccfcb2" xlink:to="loc_us-gaap_OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParentAbstract_e0ec46fa-787f-4635-9d06-aa75c9954fec" xlink:type="arc" preferredLabel="http://www.xbrl.org/2003/role/terseLabel"/>
    <link:loc xlink:type="locator" xlink:label="loc_us-gaap_ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest_0a6fcf4a-f8e9-4bdf-ba98-85bb585cf075" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest"/>
    <link:presentationArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaap_OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParentAbstract_e0ec46fa-787f-4635-9d06-aa75c9954fec" xlink:to="loc_us-gaap_ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest_0a6fcf4a-f8e9-4bdf-ba98-85bb585cf075" xlink:type="arc" preferredLabel="http://www.xbrl.org/2003/role/terseLabel"/>
    <link:loc xlink:type="locator" xlink:label="loc_us-gaap_ComprehensiveIncomeNetOfTax_53a71ea6-0108-43ac-8f95-f070ce0c073b" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_ComprehensiveIncomeNetOfTax"/>
    <link:presentationArc order="2" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaap_OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParentAbstract_e0ec46fa-787f-4635-9d06-aa75c9954fec" xlink:to="loc_us-gaap_ComprehensiveIncomeNetOfTax_53a71ea6-0108-43ac-8f95-f070ce0c073b" xlink:type="arc" preferredLabel="http://www.xbrl.org/2003/role/terseLabel"/>
  </link:presentationLink>
  <link:roleRef roleURI="http://www.federalrealty.com/role/ConsolidatedStatementOfShareholdersEquity" xlink:type="simple" xlink:href="frt-20250331.xsd#ConsolidatedStatementOfShareholdersEquity"/>
  <link:presentationLink xlink:role="http://www.federalrealty.com/role/ConsolidatedStatementOfShareholdersEquity" xlink:type="extended">
    <link:loc xlink:type="locator" xlink:label="loc_us-gaap_StatementOfStockholdersEquityAbstract_3e7636bb-0e7a-4882-af92-be8001eb9641" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_StatementOfStockholdersEquityAbstract"/>
    <link:loc xlink:type="locator" xlink:label="loc_us-gaap_StatementTable_ed01f21e-63bb-4e75-b3d2-cf96b81e0c98" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_StatementTable"/>
    <link:presentationArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaap_StatementOfStockholdersEquityAbstract_3e7636bb-0e7a-4882-af92-be8001eb9641" xlink:to="loc_us-gaap_StatementTable_ed01f21e-63bb-4e75-b3d2-cf96b81e0c98" xlink:type="arc" preferredLabel="http://www.xbrl.org/2003/role/terseLabel"/>
    <link:loc xlink:type="locator" xlink:label="loc_us-gaap_StatementClassOfStockAxis_85d20ead-cd73-4273-b402-be62da83cc1d" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_StatementClassOfStockAxis"/>
    <link:presentationArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaap_StatementTable_ed01f21e-63bb-4e75-b3d2-cf96b81e0c98" xlink:to="loc_us-gaap_StatementClassOfStockAxis_85d20ead-cd73-4273-b402-be62da83cc1d" xlink:type="arc" preferredLabel="http://www.xbrl.org/2003/role/terseLabel"/>
    <link:loc xlink:type="locator" xlink:label="loc_us-gaap_ClassOfStockDomain_4f9d6af7-61aa-4e81-9388-1de47f1202d0" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_ClassOfStockDomain"/>
    <link:presentationArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaap_StatementClassOfStockAxis_85d20ead-cd73-4273-b402-be62da83cc1d" xlink:to="loc_us-gaap_ClassOfStockDomain_4f9d6af7-61aa-4e81-9388-1de47f1202d0" xlink:type="arc" preferredLabel="http://www.xbrl.org/2003/role/terseLabel"/>
    <link:loc xlink:type="locator" xlink:label="loc_us-gaap_PreferredStockMember_30d09c48-d187-4a73-911b-23deb3f05703" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_PreferredStockMember"/>
    <link:presentationArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaap_ClassOfStockDomain_4f9d6af7-61aa-4e81-9388-1de47f1202d0" xlink:to="loc_us-gaap_PreferredStockMember_30d09c48-d187-4a73-911b-23deb3f05703" xlink:type="arc" preferredLabel="http://www.xbrl.org/2003/role/terseLabel"/>
    <link:loc xlink:type="locator" xlink:label="loc_us-gaap_CommonStockMember_9cf0afb1-5f30-405e-8b9a-48eef9618a47" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_CommonStockMember"/>
    <link:presentationArc order="2" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaap_ClassOfStockDomain_4f9d6af7-61aa-4e81-9388-1de47f1202d0" xlink:to="loc_us-gaap_CommonStockMember_9cf0afb1-5f30-405e-8b9a-48eef9618a47" xlink:type="arc" preferredLabel="http://www.xbrl.org/2003/role/terseLabel"/>
    <link:loc xlink:type="locator" xlink:label="loc_us-gaap_StatementEquityComponentsAxis_30d0ce72-a31c-4a91-af54-a4ba658a263b" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_StatementEquityComponentsAxis"/>
    <link:presentationArc order="2" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaap_StatementTable_ed01f21e-63bb-4e75-b3d2-cf96b81e0c98" xlink:to="loc_us-gaap_StatementEquityComponentsAxis_30d0ce72-a31c-4a91-af54-a4ba658a263b" xlink:type="arc" preferredLabel="http://www.xbrl.org/2003/role/verboseLabel"/>
    <link:loc xlink:type="locator" xlink:label="loc_us-gaap_EquityComponentDomain_15361968-1618-422e-930b-9922744120bf" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_EquityComponentDomain"/>
    <link:presentationArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaap_StatementEquityComponentsAxis_30d0ce72-a31c-4a91-af54-a4ba658a263b" xlink:to="loc_us-gaap_EquityComponentDomain_15361968-1618-422e-930b-9922744120bf" xlink:type="arc" preferredLabel="http://www.xbrl.org/2003/role/terseLabel"/>
    <link:loc xlink:type="locator" xlink:label="loc_us-gaap_PreferredStockMember_b9f1f917-0781-444b-a127-f80dbf21c169" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_PreferredStockMember"/>
    <link:presentationArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaap_EquityComponentDomain_15361968-1618-422e-930b-9922744120bf" xlink:to="loc_us-gaap_PreferredStockMember_b9f1f917-0781-444b-a127-f80dbf21c169" xlink:type="arc" preferredLabel="http://www.xbrl.org/2003/role/terseLabel"/>
    <link:loc xlink:type="locator" xlink:label="loc_us-gaap_CommonStockMember_916950e1-1159-4cef-9407-33b2ea72b0ae" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_CommonStockMember"/>
    <link:presentationArc order="2" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaap_EquityComponentDomain_15361968-1618-422e-930b-9922744120bf" xlink:to="loc_us-gaap_CommonStockMember_916950e1-1159-4cef-9407-33b2ea72b0ae" xlink:type="arc" preferredLabel="http://www.xbrl.org/2003/role/terseLabel"/>
    <link:loc xlink:type="locator" xlink:label="loc_us-gaap_AdditionalPaidInCapitalMember_eb7ad6b8-8f08-4b42-a7c5-49f6665c6dc6" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_AdditionalPaidInCapitalMember"/>
    <link:presentationArc order="3" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaap_EquityComponentDomain_15361968-1618-422e-930b-9922744120bf" xlink:to="loc_us-gaap_AdditionalPaidInCapitalMember_eb7ad6b8-8f08-4b42-a7c5-49f6665c6dc6" xlink:type="arc" preferredLabel="http://www.xbrl.org/2003/role/terseLabel"/>
    <link:loc xlink:type="locator" xlink:label="loc_us-gaap_AccumulatedDistributionsInExcessOfNetIncomeMember_df002e60-6421-452e-b1a2-75b6910f72b3" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_AccumulatedDistributionsInExcessOfNetIncomeMember"/>
    <link:presentationArc order="4" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaap_EquityComponentDomain_15361968-1618-422e-930b-9922744120bf" xlink:to="loc_us-gaap_AccumulatedDistributionsInExcessOfNetIncomeMember_df002e60-6421-452e-b1a2-75b6910f72b3" xlink:type="arc" preferredLabel="http://www.xbrl.org/2003/role/terseLabel"/>
    <link:loc xlink:type="locator" xlink:label="loc_us-gaap_AccumulatedOtherComprehensiveIncomeMember_16f934fb-e3cc-48a0-b8ab-fb1a88ddd619" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_AccumulatedOtherComprehensiveIncomeMember"/>
    <link:presentationArc order="5" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaap_EquityComponentDomain_15361968-1618-422e-930b-9922744120bf" xlink:to="loc_us-gaap_AccumulatedOtherComprehensiveIncomeMember_16f934fb-e3cc-48a0-b8ab-fb1a88ddd619" xlink:type="arc" preferredLabel="http://www.xbrl.org/2003/role/terseLabel"/>
    <link:loc xlink:type="locator" xlink:label="loc_us-gaap_NoncontrollingInterestMember_baeed442-b483-437e-98cb-f9f437768acf" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_NoncontrollingInterestMember"/>
    <link:presentationArc order="6" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaap_EquityComponentDomain_15361968-1618-422e-930b-9922744120bf" xlink:to="loc_us-gaap_NoncontrollingInterestMember_baeed442-b483-437e-98cb-f9f437768acf" xlink:type="arc" preferredLabel="http://www.xbrl.org/2003/role/terseLabel"/>
    <link:loc xlink:type="locator" xlink:label="loc_frt_ConvertibleUnitTypeAxis_2546e5f5-a091-4c45-b9ed-7d26918b055f" xlink:href="frt-20250331.xsd#frt_ConvertibleUnitTypeAxis"/>
    <link:presentationArc order="3" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaap_StatementTable_ed01f21e-63bb-4e75-b3d2-cf96b81e0c98" xlink:to="loc_frt_ConvertibleUnitTypeAxis_2546e5f5-a091-4c45-b9ed-7d26918b055f" xlink:type="arc" preferredLabel="http://www.xbrl.org/2003/role/terseLabel"/>
    <link:loc xlink:type="locator" xlink:label="loc_frt_ConvertibleUnitTypeDomain_9c4bba3a-5ee3-48cb-99d4-354ab267795c" xlink:href="frt-20250331.xsd#frt_ConvertibleUnitTypeDomain"/>
    <link:presentationArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_frt_ConvertibleUnitTypeAxis_2546e5f5-a091-4c45-b9ed-7d26918b055f" xlink:to="loc_frt_ConvertibleUnitTypeDomain_9c4bba3a-5ee3-48cb-99d4-354ab267795c" xlink:type="arc" preferredLabel="http://www.xbrl.org/2003/role/terseLabel"/>
    <link:loc xlink:type="locator" xlink:label="loc_frt_DownREITOPUnitsMember_4e167dbd-d5da-449d-87f8-cd3813094d8b" xlink:href="frt-20250331.xsd#frt_DownREITOPUnitsMember"/>
    <link:presentationArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_frt_ConvertibleUnitTypeDomain_9c4bba3a-5ee3-48cb-99d4-354ab267795c" xlink:to="loc_frt_DownREITOPUnitsMember_4e167dbd-d5da-449d-87f8-cd3813094d8b" xlink:type="arc" preferredLabel="http://www.xbrl.org/2003/role/terseLabel"/>
    <link:loc xlink:type="locator" xlink:label="loc_us-gaap_StatementLineItems_11d06f4e-e90d-404d-885e-9dd9c6de2809" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_StatementLineItems"/>
    <link:presentationArc order="4" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaap_StatementTable_ed01f21e-63bb-4e75-b3d2-cf96b81e0c98" xlink:to="loc_us-gaap_StatementLineItems_11d06f4e-e90d-404d-885e-9dd9c6de2809" xlink:type="arc" preferredLabel="http://www.xbrl.org/2003/role/terseLabel"/>
    <link:loc xlink:type="locator" xlink:label="loc_us-gaap_IncreaseDecreaseInStockholdersEquityRollForward_2b68945c-5a7f-4108-8cbc-508f3d5730b1" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_IncreaseDecreaseInStockholdersEquityRollForward"/>
    <link:presentationArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaap_StatementLineItems_11d06f4e-e90d-404d-885e-9dd9c6de2809" xlink:to="loc_us-gaap_IncreaseDecreaseInStockholdersEquityRollForward_2b68945c-5a7f-4108-8cbc-508f3d5730b1" xlink:type="arc" preferredLabel="http://www.xbrl.org/2003/role/terseLabel"/>
    <link:loc xlink:type="locator" xlink:label="loc_us-gaap_SharesOutstanding_eeb6b998-77cd-4e99-a6f0-705f35685cc5" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_SharesOutstanding"/>
    <link:presentationArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaap_IncreaseDecreaseInStockholdersEquityRollForward_2b68945c-5a7f-4108-8cbc-508f3d5730b1" xlink:to="loc_us-gaap_SharesOutstanding_eeb6b998-77cd-4e99-a6f0-705f35685cc5" xlink:type="arc" preferredLabel="http://www.xbrl.org/2003/role/periodStartLabel"/>
    <link:loc xlink:type="locator" xlink:label="loc_us-gaap_StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest_7cd75951-b1ae-488d-bb16-9874ef0c20d7" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest"/>
    <link:presentationArc order="2" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaap_IncreaseDecreaseInStockholdersEquityRollForward_2b68945c-5a7f-4108-8cbc-508f3d5730b1" xlink:to="loc_us-gaap_StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest_7cd75951-b1ae-488d-bb16-9874ef0c20d7" xlink:type="arc" preferredLabel="http://www.xbrl.org/2003/role/periodStartLabel"/>
    <link:loc xlink:type="locator" xlink:label="loc_us-gaap_NetIncomeLossIncludingPortionAttributableToNonredeemableNoncontrollingInterest_fdd37966-42a1-4131-82f1-d7a50efee2d4" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_NetIncomeLossIncludingPortionAttributableToNonredeemableNoncontrollingInterest"/>
    <link:presentationArc order="3" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaap_IncreaseDecreaseInStockholdersEquityRollForward_2b68945c-5a7f-4108-8cbc-508f3d5730b1" xlink:to="loc_us-gaap_NetIncomeLossIncludingPortionAttributableToNonredeemableNoncontrollingInterest_fdd37966-42a1-4131-82f1-d7a50efee2d4" xlink:type="arc" preferredLabel="http://www.xbrl.org/2003/role/verboseLabel"/>
    <link:loc xlink:type="locator" xlink:label="loc_frt_OtherComprehensiveIncomeLossNetOfPortionAttributableToNoncontrollingInterest_1049b00d-98e3-4492-b8a5-06daefea2bf0" xlink:href="frt-20250331.xsd#frt_OtherComprehensiveIncomeLossNetOfPortionAttributableToNoncontrollingInterest"/>
    <link:presentationArc order="4" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaap_IncreaseDecreaseInStockholdersEquityRollForward_2b68945c-5a7f-4108-8cbc-508f3d5730b1" xlink:to="loc_frt_OtherComprehensiveIncomeLossNetOfPortionAttributableToNoncontrollingInterest_1049b00d-98e3-4492-b8a5-06daefea2bf0" xlink:type="arc" preferredLabel="http://www.xbrl.org/2003/role/terseLabel"/>
    <link:loc xlink:type="locator" xlink:label="loc_us-gaap_DividendsCommonStockCash_ecfa8c82-b26f-40f9-81f0-48fc6d701e5e" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_DividendsCommonStockCash"/>
    <link:presentationArc order="5" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaap_IncreaseDecreaseInStockholdersEquityRollForward_2b68945c-5a7f-4108-8cbc-508f3d5730b1" xlink:to="loc_us-gaap_DividendsCommonStockCash_ecfa8c82-b26f-40f9-81f0-48fc6d701e5e" xlink:type="arc" preferredLabel="http://www.xbrl.org/2009/role/negatedLabel"/>
    <link:loc xlink:type="locator" xlink:label="loc_us-gaap_DividendsPreferredStockCash_7b31b21c-40db-44fa-9cf0-656e5e8f4c20" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_DividendsPreferredStockCash"/>
    <link:presentationArc order="6" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaap_IncreaseDecreaseInStockholdersEquityRollForward_2b68945c-5a7f-4108-8cbc-508f3d5730b1" xlink:to="loc_us-gaap_DividendsPreferredStockCash_7b31b21c-40db-44fa-9cf0-656e5e8f4c20" xlink:type="arc" preferredLabel="http://www.xbrl.org/2009/role/negatedLabel"/>
    <link:loc xlink:type="locator" xlink:label="loc_us-gaap_MinorityInterestDecreaseFromDistributionsToNoncontrollingInterestHolders_1dbc5757-1676-4023-befd-f112b8341d6a" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_MinorityInterestDecreaseFromDistributionsToNoncontrollingInterestHolders"/>
    <link:presentationArc order="7" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaap_IncreaseDecreaseInStockholdersEquityRollForward_2b68945c-5a7f-4108-8cbc-508f3d5730b1" xlink:to="loc_us-gaap_MinorityInterestDecreaseFromDistributionsToNoncontrollingInterestHolders_1dbc5757-1676-4023-befd-f112b8341d6a" xlink:type="arc" preferredLabel="http://www.xbrl.org/2009/role/negatedLabel"/>
    <link:loc xlink:type="locator" xlink:label="loc_us-gaap_StockIssuedDuringPeriodSharesNewIssues_f46027cf-86e1-46c6-9c57-f6d08fb8b180" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_StockIssuedDuringPeriodSharesNewIssues"/>
    <link:presentationArc order="8" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaap_IncreaseDecreaseInStockholdersEquityRollForward_2b68945c-5a7f-4108-8cbc-508f3d5730b1" xlink:to="loc_us-gaap_StockIssuedDuringPeriodSharesNewIssues_f46027cf-86e1-46c6-9c57-f6d08fb8b180" xlink:type="arc" preferredLabel="http://www.xbrl.org/2003/role/verboseLabel"/>
    <link:loc xlink:type="locator" xlink:label="loc_us-gaap_StockIssuedDuringPeriodValueNewIssues_5009b074-04b5-40cb-9db6-ad3fe15d8f7f" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_StockIssuedDuringPeriodValueNewIssues"/>
    <link:presentationArc order="9" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaap_IncreaseDecreaseInStockholdersEquityRollForward_2b68945c-5a7f-4108-8cbc-508f3d5730b1" xlink:to="loc_us-gaap_StockIssuedDuringPeriodValueNewIssues_5009b074-04b5-40cb-9db6-ad3fe15d8f7f" xlink:type="arc" preferredLabel="http://www.xbrl.org/2003/role/terseLabel"/>
    <link:loc xlink:type="locator" xlink:label="loc_us-gaap_StockIssuedDuringPeriodSharesDividendReinvestmentPlan_0c211ca1-6cb3-485f-856d-f23851a3819d" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_StockIssuedDuringPeriodSharesDividendReinvestmentPlan"/>
    <link:presentationArc order="10" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaap_IncreaseDecreaseInStockholdersEquityRollForward_2b68945c-5a7f-4108-8cbc-508f3d5730b1" xlink:to="loc_us-gaap_StockIssuedDuringPeriodSharesDividendReinvestmentPlan_0c211ca1-6cb3-485f-856d-f23851a3819d" xlink:type="arc" preferredLabel="http://www.xbrl.org/2003/role/terseLabel"/>
    <link:loc xlink:type="locator" xlink:label="loc_us-gaap_StockIssuedDuringPeriodValueDividendReinvestmentPlan_f2f6101e-db14-4dad-bb17-eac175d0fceb" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_StockIssuedDuringPeriodValueDividendReinvestmentPlan"/>
    <link:presentationArc order="11" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaap_IncreaseDecreaseInStockholdersEquityRollForward_2b68945c-5a7f-4108-8cbc-508f3d5730b1" xlink:to="loc_us-gaap_StockIssuedDuringPeriodValueDividendReinvestmentPlan_f2f6101e-db14-4dad-bb17-eac175d0fceb" xlink:type="arc" preferredLabel="http://www.xbrl.org/2003/role/terseLabel"/>
    <link:loc xlink:type="locator" xlink:label="loc_frt_ShareBasedCompensationExpenseNetShares_ecf98f2c-129c-4178-9710-cca9a500c73d" xlink:href="frt-20250331.xsd#frt_ShareBasedCompensationExpenseNetShares"/>
    <link:presentationArc order="12" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaap_IncreaseDecreaseInStockholdersEquityRollForward_2b68945c-5a7f-4108-8cbc-508f3d5730b1" xlink:to="loc_frt_ShareBasedCompensationExpenseNetShares_ecf98f2c-129c-4178-9710-cca9a500c73d" xlink:type="arc" preferredLabel="http://www.xbrl.org/2003/role/terseLabel"/>
    <link:loc xlink:type="locator" xlink:label="loc_frt_ShareBasedCompensationExpenseNetValue_7e8e1f2b-a8cc-4a00-b51e-7e8d84df2858" xlink:href="frt-20250331.xsd#frt_ShareBasedCompensationExpenseNetValue"/>
    <link:presentationArc order="13" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaap_IncreaseDecreaseInStockholdersEquityRollForward_2b68945c-5a7f-4108-8cbc-508f3d5730b1" xlink:to="loc_frt_ShareBasedCompensationExpenseNetValue_7e8e1f2b-a8cc-4a00-b51e-7e8d84df2858" xlink:type="arc" preferredLabel="http://www.xbrl.org/2003/role/verboseLabel"/>
    <link:loc xlink:type="locator" xlink:label="loc_us-gaap_SharesPaidForTaxWithholdingForShareBasedCompensation_358093af-d08a-420d-abf5-1d6657b18b68" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_SharesPaidForTaxWithholdingForShareBasedCompensation"/>
    <link:presentationArc order="14" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaap_IncreaseDecreaseInStockholdersEquityRollForward_2b68945c-5a7f-4108-8cbc-508f3d5730b1" xlink:to="loc_us-gaap_SharesPaidForTaxWithholdingForShareBasedCompensation_358093af-d08a-420d-abf5-1d6657b18b68" xlink:type="arc" preferredLabel="http://www.xbrl.org/2009/role/negatedTerseLabel"/>
    <link:loc xlink:type="locator" xlink:label="loc_us-gaap_AdjustmentsRelatedToTaxWithholdingForShareBasedCompensation_e0f13aa6-0750-4175-b7fc-1b6585f5c565" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_AdjustmentsRelatedToTaxWithholdingForShareBasedCompensation"/>
    <link:presentationArc order="15" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaap_IncreaseDecreaseInStockholdersEquityRollForward_2b68945c-5a7f-4108-8cbc-508f3d5730b1" xlink:to="loc_us-gaap_AdjustmentsRelatedToTaxWithholdingForShareBasedCompensation_e0f13aa6-0750-4175-b7fc-1b6585f5c565" xlink:type="arc" preferredLabel="http://www.xbrl.org/2009/role/negatedTerseLabel"/>
    <link:loc xlink:type="locator" xlink:label="loc_us-gaap_StockIssuedDuringPeriodSharesConversionOfUnits_12cc2ea9-ff06-403f-bcc5-1ddb32f1e743" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_StockIssuedDuringPeriodSharesConversionOfUnits"/>
    <link:presentationArc order="16" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaap_IncreaseDecreaseInStockholdersEquityRollForward_2b68945c-5a7f-4108-8cbc-508f3d5730b1" xlink:to="loc_us-gaap_StockIssuedDuringPeriodSharesConversionOfUnits_12cc2ea9-ff06-403f-bcc5-1ddb32f1e743" xlink:type="arc" preferredLabel="http://www.xbrl.org/2003/role/terseLabel"/>
    <link:loc xlink:type="locator" xlink:label="loc_us-gaap_StockIssuedDuringPeriodValueConversionOfUnits_0d29aa0f-9789-40fe-8536-c7e8a6d741bf" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_StockIssuedDuringPeriodValueConversionOfUnits"/>
    <link:presentationArc order="17" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaap_IncreaseDecreaseInStockholdersEquityRollForward_2b68945c-5a7f-4108-8cbc-508f3d5730b1" xlink:to="loc_us-gaap_StockIssuedDuringPeriodValueConversionOfUnits_0d29aa0f-9789-40fe-8536-c7e8a6d741bf" xlink:type="arc" preferredLabel="http://www.xbrl.org/2003/role/terseLabel"/>
    <link:loc xlink:type="locator" xlink:label="loc_us-gaap_MinorityInterestDecreaseFromRedemptions_88b6defc-70c6-4928-8159-7dc9d6ba9297" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_MinorityInterestDecreaseFromRedemptions"/>
    <link:presentationArc order="18" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaap_IncreaseDecreaseInStockholdersEquityRollForward_2b68945c-5a7f-4108-8cbc-508f3d5730b1" xlink:to="loc_us-gaap_MinorityInterestDecreaseFromRedemptions_88b6defc-70c6-4928-8159-7dc9d6ba9297" xlink:type="arc" preferredLabel="http://www.xbrl.org/2009/role/negatedLabel"/>
    <link:loc xlink:type="locator" xlink:label="loc_frt_Contributionsfromnoncontrollinginterests_84d7c852-915a-4cc9-9e38-489125a94ed1" xlink:href="frt-20250331.xsd#frt_Contributionsfromnoncontrollinginterests"/>
    <link:presentationArc order="19" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaap_IncreaseDecreaseInStockholdersEquityRollForward_2b68945c-5a7f-4108-8cbc-508f3d5730b1" xlink:to="loc_frt_Contributionsfromnoncontrollinginterests_84d7c852-915a-4cc9-9e38-489125a94ed1" xlink:type="arc" preferredLabel="http://www.xbrl.org/2003/role/terseLabel"/>
    <link:loc xlink:type="locator" xlink:label="loc_frt_CappedCallPremium_e3e0d9ac-1c21-4a03-a68c-751e082020fd" xlink:href="frt-20250331.xsd#frt_CappedCallPremium"/>
    <link:presentationArc order="20" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaap_IncreaseDecreaseInStockholdersEquityRollForward_2b68945c-5a7f-4108-8cbc-508f3d5730b1" xlink:to="loc_frt_CappedCallPremium_e3e0d9ac-1c21-4a03-a68c-751e082020fd" xlink:type="arc" preferredLabel="http://www.xbrl.org/2009/role/negatedTerseLabel"/>
    <link:loc xlink:type="locator" xlink:label="loc_us-gaap_SharesOutstanding_1cdc3fa5-06b2-48f7-917f-e5634e5f3233" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_SharesOutstanding"/>
    <link:presentationArc order="21" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaap_IncreaseDecreaseInStockholdersEquityRollForward_2b68945c-5a7f-4108-8cbc-508f3d5730b1" xlink:to="loc_us-gaap_SharesOutstanding_1cdc3fa5-06b2-48f7-917f-e5634e5f3233" xlink:type="arc" preferredLabel="http://www.xbrl.org/2003/role/periodEndLabel"/>
    <link:loc xlink:type="locator" xlink:label="loc_us-gaap_StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest_d5ec111c-697f-47d0-aa3e-8623a8ddbbf1" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest"/>
    <link:presentationArc order="22" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaap_IncreaseDecreaseInStockholdersEquityRollForward_2b68945c-5a7f-4108-8cbc-508f3d5730b1" xlink:to="loc_us-gaap_StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest_d5ec111c-697f-47d0-aa3e-8623a8ddbbf1" xlink:type="arc" preferredLabel="http://www.xbrl.org/2003/role/periodEndLabel"/>
  </link:presentationLink>
  <link:roleRef roleURI="http://www.federalrealty.com/role/ConsolidatedStatementOfShareholdersEquityParenthetical" xlink:type="simple" xlink:href="frt-20250331.xsd#ConsolidatedStatementOfShareholdersEquityParenthetical"/>
  <link:presentationLink xlink:role="http://www.federalrealty.com/role/ConsolidatedStatementOfShareholdersEquityParenthetical" xlink:type="extended">
    <link:loc xlink:type="locator" xlink:label="loc_us-gaap_StatementOfStockholdersEquityAbstract_6e4de630-381c-4210-ad62-68ffe8f7649f" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_StatementOfStockholdersEquityAbstract"/>
    <link:loc xlink:type="locator" xlink:label="loc_us-gaap_NetIncomeLossAttributableToRedeemableNoncontrollingInterest_a38c1b05-38af-4f0f-82a9-da14b5497be7" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_NetIncomeLossAttributableToRedeemableNoncontrollingInterest"/>
    <link:presentationArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaap_StatementOfStockholdersEquityAbstract_6e4de630-381c-4210-ad62-68ffe8f7649f" xlink:to="loc_us-gaap_NetIncomeLossAttributableToRedeemableNoncontrollingInterest_a38c1b05-38af-4f0f-82a9-da14b5497be7" xlink:type="arc" preferredLabel="http://www.xbrl.org/2003/role/terseLabel"/>
    <link:loc xlink:type="locator" xlink:label="loc_frt_OtherComprehensiveIncomeLossAttributableToRedeemableNoncontrollingInterest_7bf6c79d-ada3-419d-a319-6aee331e0bb2" xlink:href="frt-20250331.xsd#frt_OtherComprehensiveIncomeLossAttributableToRedeemableNoncontrollingInterest"/>
    <link:presentationArc order="2" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaap_StatementOfStockholdersEquityAbstract_6e4de630-381c-4210-ad62-68ffe8f7649f" xlink:to="loc_frt_OtherComprehensiveIncomeLossAttributableToRedeemableNoncontrollingInterest_7bf6c79d-ada3-419d-a319-6aee331e0bb2" xlink:type="arc" preferredLabel="http://www.xbrl.org/2003/role/terseLabel"/>
    <link:loc xlink:type="locator" xlink:label="loc_us-gaap_CommonStockDividendsPerShareDeclared_562bfb8a-bb60-4d27-a1fc-ab4115d88a6b" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_CommonStockDividendsPerShareDeclared"/>
    <link:presentationArc order="3" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaap_StatementOfStockholdersEquityAbstract_6e4de630-381c-4210-ad62-68ffe8f7649f" xlink:to="loc_us-gaap_CommonStockDividendsPerShareDeclared_562bfb8a-bb60-4d27-a1fc-ab4115d88a6b" xlink:type="arc" preferredLabel="http://www.xbrl.org/2003/role/terseLabel"/>
    <link:loc xlink:type="locator" xlink:label="loc_frt_RedeemableNoncontrollingInterestDecreaseFromDistributionsToRedeemableNoncontrollingInterestHolders_69d66ac1-4ccf-499c-9f66-f63c8c2b74c4" xlink:href="frt-20250331.xsd#frt_RedeemableNoncontrollingInterestDecreaseFromDistributionsToRedeemableNoncontrollingInterestHolders"/>
    <link:presentationArc order="4" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaap_StatementOfStockholdersEquityAbstract_6e4de630-381c-4210-ad62-68ffe8f7649f" xlink:to="loc_frt_RedeemableNoncontrollingInterestDecreaseFromDistributionsToRedeemableNoncontrollingInterestHolders_69d66ac1-4ccf-499c-9f66-f63c8c2b74c4" xlink:type="arc" preferredLabel="http://www.xbrl.org/2003/role/terseLabel"/>
  </link:presentationLink>
  <link:roleRef roleURI="http://www.federalrealty.com/role/ConsolidatedStatementsOfCashFlows" xlink:type="simple" xlink:href="frt-20250331.xsd#ConsolidatedStatementsOfCashFlows"/>
  <link:presentationLink xlink:role="http://www.federalrealty.com/role/ConsolidatedStatementsOfCashFlows" xlink:type="extended">
    <link:loc xlink:type="locator" xlink:label="loc_us-gaap_StatementOfCashFlowsAbstract_80e36d90-94df-4f1d-8357-53c09c4f997c" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_StatementOfCashFlowsAbstract"/>
    <link:loc xlink:type="locator" xlink:label="loc_us-gaap_StatementTable_298dfab0-4c16-4814-8100-baf8bd87ac65" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_StatementTable"/>
    <link:presentationArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaap_StatementOfCashFlowsAbstract_80e36d90-94df-4f1d-8357-53c09c4f997c" xlink:to="loc_us-gaap_StatementTable_298dfab0-4c16-4814-8100-baf8bd87ac65" xlink:type="arc" preferredLabel="http://www.xbrl.org/2003/role/terseLabel"/>
    <link:loc xlink:type="locator" xlink:label="loc_srt_ConsolidatedEntitiesAxis_0c692871-b994-47a7-94fd-e7dc7bc90ece" xlink:href="https://xbrl.fasb.org/srt/2025/elts/srt-2025.xsd#srt_ConsolidatedEntitiesAxis"/>
    <link:presentationArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaap_StatementTable_298dfab0-4c16-4814-8100-baf8bd87ac65" xlink:to="loc_srt_ConsolidatedEntitiesAxis_0c692871-b994-47a7-94fd-e7dc7bc90ece" xlink:type="arc" preferredLabel="http://www.xbrl.org/2003/role/terseLabel"/>
    <link:loc xlink:type="locator" xlink:label="loc_srt_ConsolidatedEntitiesDomain_c061a355-6d7d-4401-9c7c-9ae0cfc01dc4" xlink:href="https://xbrl.fasb.org/srt/2025/elts/srt-2025.xsd#srt_ConsolidatedEntitiesDomain"/>
    <link:presentationArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_srt_ConsolidatedEntitiesAxis_0c692871-b994-47a7-94fd-e7dc7bc90ece" xlink:to="loc_srt_ConsolidatedEntitiesDomain_c061a355-6d7d-4401-9c7c-9ae0cfc01dc4" xlink:type="arc" preferredLabel="http://www.xbrl.org/2003/role/terseLabel"/>
    <link:loc xlink:type="locator" xlink:label="loc_srt_PartnershipInterestMember_7f5a92e1-28f0-42d0-89a5-162c7723f321" xlink:href="https://xbrl.fasb.org/srt/2025/elts/srt-2025.xsd#srt_PartnershipInterestMember"/>
    <link:presentationArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_srt_ConsolidatedEntitiesDomain_c061a355-6d7d-4401-9c7c-9ae0cfc01dc4" xlink:to="loc_srt_PartnershipInterestMember_7f5a92e1-28f0-42d0-89a5-162c7723f321" xlink:type="arc" preferredLabel="http://www.xbrl.org/2003/role/terseLabel"/>
    <link:loc xlink:type="locator" xlink:label="loc_us-gaap_StatementLineItems_b2ae18ec-9cf2-441b-9c39-845c49af1cce" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_StatementLineItems"/>
    <link:presentationArc order="2" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaap_StatementTable_298dfab0-4c16-4814-8100-baf8bd87ac65" xlink:to="loc_us-gaap_StatementLineItems_b2ae18ec-9cf2-441b-9c39-845c49af1cce" xlink:type="arc" preferredLabel="http://www.xbrl.org/2003/role/terseLabel"/>
    <link:loc xlink:type="locator" xlink:label="loc_us-gaap_NetCashProvidedByUsedInOperatingActivitiesAbstract_05c4b37d-18e6-46c8-b41e-1f7ac7c6de62" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_NetCashProvidedByUsedInOperatingActivitiesAbstract"/>
    <link:presentationArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaap_StatementLineItems_b2ae18ec-9cf2-441b-9c39-845c49af1cce" xlink:to="loc_us-gaap_NetCashProvidedByUsedInOperatingActivitiesAbstract_05c4b37d-18e6-46c8-b41e-1f7ac7c6de62" xlink:type="arc" preferredLabel="http://www.xbrl.org/2003/role/terseLabel"/>
    <link:loc xlink:type="locator" xlink:label="loc_us-gaap_ProfitLoss_1f6d9fbb-2cec-4745-9f9e-49b635a3ef9d" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_ProfitLoss"/>
    <link:presentationArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaap_NetCashProvidedByUsedInOperatingActivitiesAbstract_05c4b37d-18e6-46c8-b41e-1f7ac7c6de62" xlink:to="loc_us-gaap_ProfitLoss_1f6d9fbb-2cec-4745-9f9e-49b635a3ef9d" xlink:type="arc" preferredLabel="http://www.xbrl.org/2003/role/terseLabel"/>
    <link:loc xlink:type="locator" xlink:label="loc_us-gaap_AdjustmentsToReconcileNetIncomeLossToCashProvidedByUsedInOperatingActivitiesAbstract_b2f86303-c076-4f4b-be03-48562d665546" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_AdjustmentsToReconcileNetIncomeLossToCashProvidedByUsedInOperatingActivitiesAbstract"/>
    <link:presentationArc order="2" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaap_NetCashProvidedByUsedInOperatingActivitiesAbstract_05c4b37d-18e6-46c8-b41e-1f7ac7c6de62" xlink:to="loc_us-gaap_AdjustmentsToReconcileNetIncomeLossToCashProvidedByUsedInOperatingActivitiesAbstract_b2f86303-c076-4f4b-be03-48562d665546" xlink:type="arc" preferredLabel="http://www.xbrl.org/2003/role/terseLabel"/>
    <link:loc xlink:type="locator" xlink:label="loc_frt_AdjustmentDepreciationAndAmortization_748a9d56-aee5-4635-8d56-97cd4406fdd8" xlink:href="frt-20250331.xsd#frt_AdjustmentDepreciationAndAmortization"/>
    <link:presentationArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaap_AdjustmentsToReconcileNetIncomeLossToCashProvidedByUsedInOperatingActivitiesAbstract_b2f86303-c076-4f4b-be03-48562d665546" xlink:to="loc_frt_AdjustmentDepreciationAndAmortization_748a9d56-aee5-4635-8d56-97cd4406fdd8" xlink:type="arc" preferredLabel="http://www.xbrl.org/2003/role/terseLabel"/>
    <link:loc xlink:type="locator" xlink:label="loc_frt_GainOnSaleOfRealEstate_01fce3ab-11b4-47b0-9f55-b10e2c4d2cbe" xlink:href="frt-20250331.xsd#frt_GainOnSaleOfRealEstate"/>
    <link:presentationArc order="2" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaap_AdjustmentsToReconcileNetIncomeLossToCashProvidedByUsedInOperatingActivitiesAbstract_b2f86303-c076-4f4b-be03-48562d665546" xlink:to="loc_frt_GainOnSaleOfRealEstate_01fce3ab-11b4-47b0-9f55-b10e2c4d2cbe" xlink:type="arc" preferredLabel="http://www.xbrl.org/2009/role/negatedLabel"/>
    <link:loc xlink:type="locator" xlink:label="loc_us-gaap_IncomeLossFromEquityMethodInvestments_9249dd74-7988-41af-931d-22cbc15541ae" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_IncomeLossFromEquityMethodInvestments"/>
    <link:presentationArc order="3" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaap_AdjustmentsToReconcileNetIncomeLossToCashProvidedByUsedInOperatingActivitiesAbstract_b2f86303-c076-4f4b-be03-48562d665546" xlink:to="loc_us-gaap_IncomeLossFromEquityMethodInvestments_9249dd74-7988-41af-931d-22cbc15541ae" xlink:type="arc" preferredLabel="http://www.xbrl.org/2009/role/negatedLabel"/>
    <link:loc xlink:type="locator" xlink:label="loc_us-gaap_StraightLineRent_6ed50c6a-62d5-4a2a-86ce-0b5896f7377a" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_StraightLineRent"/>
    <link:presentationArc order="4" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaap_AdjustmentsToReconcileNetIncomeLossToCashProvidedByUsedInOperatingActivitiesAbstract_b2f86303-c076-4f4b-be03-48562d665546" xlink:to="loc_us-gaap_StraightLineRent_6ed50c6a-62d5-4a2a-86ce-0b5896f7377a" xlink:type="arc" preferredLabel="http://www.xbrl.org/2009/role/negatedTerseLabel"/>
    <link:loc xlink:type="locator" xlink:label="loc_us-gaap_ShareBasedCompensation_6a8c9ee3-4ba9-4576-852a-fd91560f3498" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_ShareBasedCompensation"/>
    <link:presentationArc order="5" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaap_AdjustmentsToReconcileNetIncomeLossToCashProvidedByUsedInOperatingActivitiesAbstract_b2f86303-c076-4f4b-be03-48562d665546" xlink:to="loc_us-gaap_ShareBasedCompensation_6a8c9ee3-4ba9-4576-852a-fd91560f3498" xlink:type="arc" preferredLabel="http://www.xbrl.org/2003/role/terseLabel"/>
    <link:loc xlink:type="locator" xlink:label="loc_us-gaap_OtherNoncashIncomeExpense_02895abd-90e9-4542-8447-ae5f22975718" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_OtherNoncashIncomeExpense"/>
    <link:presentationArc order="6" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaap_AdjustmentsToReconcileNetIncomeLossToCashProvidedByUsedInOperatingActivitiesAbstract_b2f86303-c076-4f4b-be03-48562d665546" xlink:to="loc_us-gaap_OtherNoncashIncomeExpense_02895abd-90e9-4542-8447-ae5f22975718" xlink:type="arc" preferredLabel="http://www.xbrl.org/2009/role/negatedTerseLabel"/>
    <link:loc xlink:type="locator" xlink:label="loc_us-gaap_IncreaseDecreaseInOperatingCapitalAbstract_d8acdbcd-83fc-42c8-9026-6d0b34e2f46e" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_IncreaseDecreaseInOperatingCapitalAbstract"/>
    <link:presentationArc order="3" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaap_NetCashProvidedByUsedInOperatingActivitiesAbstract_05c4b37d-18e6-46c8-b41e-1f7ac7c6de62" xlink:to="loc_us-gaap_IncreaseDecreaseInOperatingCapitalAbstract_d8acdbcd-83fc-42c8-9026-6d0b34e2f46e" xlink:type="arc" preferredLabel="http://www.xbrl.org/2003/role/terseLabel"/>
    <link:loc xlink:type="locator" xlink:label="loc_us-gaap_IncreaseDecreaseInAccountsAndOtherReceivables_84056f36-403c-4997-aab5-bd0bf74b9208" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_IncreaseDecreaseInAccountsAndOtherReceivables"/>
    <link:presentationArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaap_IncreaseDecreaseInOperatingCapitalAbstract_d8acdbcd-83fc-42c8-9026-6d0b34e2f46e" xlink:to="loc_us-gaap_IncreaseDecreaseInAccountsAndOtherReceivables_84056f36-403c-4997-aab5-bd0bf74b9208" xlink:type="arc" preferredLabel="http://www.xbrl.org/2009/role/negatedLabel"/>
    <link:loc xlink:type="locator" xlink:label="loc_us-gaap_IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets_02a3d63d-5e27-41a3-8506-9f4a6d1b2854" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets"/>
    <link:presentationArc order="2" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaap_IncreaseDecreaseInOperatingCapitalAbstract_d8acdbcd-83fc-42c8-9026-6d0b34e2f46e" xlink:to="loc_us-gaap_IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets_02a3d63d-5e27-41a3-8506-9f4a6d1b2854" xlink:type="arc" preferredLabel="http://www.xbrl.org/2003/role/terseLabel"/>
    <link:loc xlink:type="locator" xlink:label="loc_us-gaap_IncreaseDecreaseInAccountsPayableAndAccruedLiabilities_a54cd289-7f75-4bf9-b217-b4e8986585f8" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_IncreaseDecreaseInAccountsPayableAndAccruedLiabilities"/>
    <link:presentationArc order="3" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaap_IncreaseDecreaseInOperatingCapitalAbstract_d8acdbcd-83fc-42c8-9026-6d0b34e2f46e" xlink:to="loc_us-gaap_IncreaseDecreaseInAccountsPayableAndAccruedLiabilities_a54cd289-7f75-4bf9-b217-b4e8986585f8" xlink:type="arc" preferredLabel="http://www.xbrl.org/2003/role/terseLabel"/>
    <link:loc xlink:type="locator" xlink:label="loc_frt_IncreaseDecreaseInSecurityDepositsAndOtherLiabilities_db7ee9d8-5530-44ef-8346-ede7440d5b71" xlink:href="frt-20250331.xsd#frt_IncreaseDecreaseInSecurityDepositsAndOtherLiabilities"/>
    <link:presentationArc order="4" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaap_IncreaseDecreaseInOperatingCapitalAbstract_d8acdbcd-83fc-42c8-9026-6d0b34e2f46e" xlink:to="loc_frt_IncreaseDecreaseInSecurityDepositsAndOtherLiabilities_db7ee9d8-5530-44ef-8346-ede7440d5b71" xlink:type="arc" preferredLabel="http://www.xbrl.org/2003/role/terseLabel"/>
    <link:loc xlink:type="locator" xlink:label="loc_us-gaap_NetCashProvidedByUsedInOperatingActivities_c818431b-2e43-447f-a13d-91f2e514c82e" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_NetCashProvidedByUsedInOperatingActivities"/>
    <link:presentationArc order="4" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaap_NetCashProvidedByUsedInOperatingActivitiesAbstract_05c4b37d-18e6-46c8-b41e-1f7ac7c6de62" xlink:to="loc_us-gaap_NetCashProvidedByUsedInOperatingActivities_c818431b-2e43-447f-a13d-91f2e514c82e" xlink:type="arc" preferredLabel="http://www.xbrl.org/2003/role/totalLabel"/>
    <link:loc xlink:type="locator" xlink:label="loc_us-gaap_NetCashProvidedByUsedInInvestingActivitiesAbstract_9e709889-765d-465d-b4b6-656ffbff44e3" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_NetCashProvidedByUsedInInvestingActivitiesAbstract"/>
    <link:presentationArc order="2" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaap_StatementLineItems_b2ae18ec-9cf2-441b-9c39-845c49af1cce" xlink:to="loc_us-gaap_NetCashProvidedByUsedInInvestingActivitiesAbstract_9e709889-765d-465d-b4b6-656ffbff44e3" xlink:type="arc" preferredLabel="http://www.xbrl.org/2003/role/terseLabel"/>
    <link:loc xlink:type="locator" xlink:label="loc_us-gaap_PaymentsToAcquireRealEstate_b90009a0-da72-46c5-9085-4bdba721820d" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_PaymentsToAcquireRealEstate"/>
    <link:presentationArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaap_NetCashProvidedByUsedInInvestingActivitiesAbstract_9e709889-765d-465d-b4b6-656ffbff44e3" xlink:to="loc_us-gaap_PaymentsToAcquireRealEstate_b90009a0-da72-46c5-9085-4bdba721820d" xlink:type="arc" preferredLabel="http://www.xbrl.org/2009/role/negatedTerseLabel"/>
    <link:loc xlink:type="locator" xlink:label="loc_frt_CapitalExpendituresDevelopmentRedevelopment_02226597-da59-4e7a-a39c-21f6e2ac1e8a" xlink:href="frt-20250331.xsd#frt_CapitalExpendituresDevelopmentRedevelopment"/>
    <link:presentationArc order="2" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaap_NetCashProvidedByUsedInInvestingActivitiesAbstract_9e709889-765d-465d-b4b6-656ffbff44e3" xlink:to="loc_frt_CapitalExpendituresDevelopmentRedevelopment_02226597-da59-4e7a-a39c-21f6e2ac1e8a" xlink:type="arc" preferredLabel="http://www.xbrl.org/2009/role/negatedLabel"/>
    <link:loc xlink:type="locator" xlink:label="loc_frt_CapitalExpendituresOther_acb0420d-21af-4ac8-ad92-0f089a6008cf" xlink:href="frt-20250331.xsd#frt_CapitalExpendituresOther"/>
    <link:presentationArc order="3" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaap_NetCashProvidedByUsedInInvestingActivitiesAbstract_9e709889-765d-465d-b4b6-656ffbff44e3" xlink:to="loc_frt_CapitalExpendituresOther_acb0420d-21af-4ac8-ad92-0f089a6008cf" xlink:type="arc" preferredLabel="http://www.xbrl.org/2009/role/negatedLabel"/>
    <link:loc xlink:type="locator" xlink:label="loc_us-gaap_ProceedsFromRealEstateAndRealEstateJointVentures_7581dc33-8379-4d72-a910-67563f1ffc9e" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_ProceedsFromRealEstateAndRealEstateJointVentures"/>
    <link:presentationArc order="4" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaap_NetCashProvidedByUsedInInvestingActivitiesAbstract_9e709889-765d-465d-b4b6-656ffbff44e3" xlink:to="loc_us-gaap_ProceedsFromRealEstateAndRealEstateJointVentures_7581dc33-8379-4d72-a910-67563f1ffc9e" xlink:type="arc" preferredLabel="http://www.xbrl.org/2003/role/terseLabel"/>
    <link:loc xlink:type="locator" xlink:label="loc_us-gaap_ProceedsFromDistributionsReceivedFromRealEstatePartnerships_c4c64248-ef23-4d0c-96e3-f760ab7ae88e" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_ProceedsFromDistributionsReceivedFromRealEstatePartnerships"/>
    <link:presentationArc order="5" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaap_NetCashProvidedByUsedInInvestingActivitiesAbstract_9e709889-765d-465d-b4b6-656ffbff44e3" xlink:to="loc_us-gaap_ProceedsFromDistributionsReceivedFromRealEstatePartnerships_c4c64248-ef23-4d0c-96e3-f760ab7ae88e" xlink:type="arc" preferredLabel="http://www.xbrl.org/2003/role/terseLabel"/>
    <link:loc xlink:type="locator" xlink:label="loc_us-gaap_IncreaseDecreaseInLeaseAcquisitionCosts_0e38f65f-01d8-4e69-9b55-53c81c52f7cd" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_IncreaseDecreaseInLeaseAcquisitionCosts"/>
    <link:presentationArc order="6" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaap_NetCashProvidedByUsedInInvestingActivitiesAbstract_9e709889-765d-465d-b4b6-656ffbff44e3" xlink:to="loc_us-gaap_IncreaseDecreaseInLeaseAcquisitionCosts_0e38f65f-01d8-4e69-9b55-53c81c52f7cd" xlink:type="arc" preferredLabel="http://www.xbrl.org/2009/role/negatedLabel"/>
    <link:loc xlink:type="locator" xlink:label="loc_us-gaap_NetCashProvidedByUsedInInvestingActivities_00b2ad05-0fc9-4d2b-ba45-ccf638206977" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_NetCashProvidedByUsedInInvestingActivities"/>
    <link:presentationArc order="7" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaap_NetCashProvidedByUsedInInvestingActivitiesAbstract_9e709889-765d-465d-b4b6-656ffbff44e3" xlink:to="loc_us-gaap_NetCashProvidedByUsedInInvestingActivities_00b2ad05-0fc9-4d2b-ba45-ccf638206977" xlink:type="arc" preferredLabel="http://www.xbrl.org/2003/role/totalLabel"/>
    <link:loc xlink:type="locator" xlink:label="loc_us-gaap_NetCashProvidedByUsedInFinancingActivitiesAbstract_793868bc-e7a2-4fb3-8694-1745b37a9175" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_NetCashProvidedByUsedInFinancingActivitiesAbstract"/>
    <link:presentationArc order="3" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaap_StatementLineItems_b2ae18ec-9cf2-441b-9c39-845c49af1cce" xlink:to="loc_us-gaap_NetCashProvidedByUsedInFinancingActivitiesAbstract_793868bc-e7a2-4fb3-8694-1745b37a9175" xlink:type="arc" preferredLabel="http://www.xbrl.org/2003/role/terseLabel"/>
    <link:loc xlink:type="locator" xlink:label="loc_us-gaap_ProceedsFromRepaymentsOfLinesOfCredit_f0a6a84d-6217-4517-b665-ce95f743c4ec" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_ProceedsFromRepaymentsOfLinesOfCredit"/>
    <link:presentationArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaap_NetCashProvidedByUsedInFinancingActivitiesAbstract_793868bc-e7a2-4fb3-8694-1745b37a9175" xlink:to="loc_us-gaap_ProceedsFromRepaymentsOfLinesOfCredit_f0a6a84d-6217-4517-b665-ce95f743c4ec" xlink:type="arc" preferredLabel="http://www.xbrl.org/2003/role/terseLabel"/>
    <link:loc xlink:type="locator" xlink:label="loc_us-gaap_ProceedsFromIssuanceOfSeniorLongTermDebt_608fa5a5-09ce-4d6a-bd37-a85cc21e342f" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_ProceedsFromIssuanceOfSeniorLongTermDebt"/>
    <link:presentationArc order="2" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaap_NetCashProvidedByUsedInFinancingActivitiesAbstract_793868bc-e7a2-4fb3-8694-1745b37a9175" xlink:to="loc_us-gaap_ProceedsFromIssuanceOfSeniorLongTermDebt_608fa5a5-09ce-4d6a-bd37-a85cc21e342f" xlink:type="arc" preferredLabel="http://www.xbrl.org/2003/role/terseLabel"/>
    <link:loc xlink:type="locator" xlink:label="loc_us-gaap_RepaymentsOfSeniorDebt_a9d88101-8a6f-4249-86d6-a0bae144519a" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_RepaymentsOfSeniorDebt"/>
    <link:presentationArc order="3" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaap_NetCashProvidedByUsedInFinancingActivitiesAbstract_793868bc-e7a2-4fb3-8694-1745b37a9175" xlink:to="loc_us-gaap_RepaymentsOfSeniorDebt_a9d88101-8a6f-4249-86d6-a0bae144519a" xlink:type="arc" preferredLabel="http://www.xbrl.org/2009/role/negatedTerseLabel"/>
    <link:loc xlink:type="locator" xlink:label="loc_frt_CostsToExtendAndIssueNotesPayableAndMortgages_d130f4ef-95b6-4ca5-a991-e81d6dd48642" xlink:href="frt-20250331.xsd#frt_CostsToExtendAndIssueNotesPayableAndMortgages"/>
    <link:presentationArc order="4" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaap_NetCashProvidedByUsedInFinancingActivitiesAbstract_793868bc-e7a2-4fb3-8694-1745b37a9175" xlink:to="loc_frt_CostsToExtendAndIssueNotesPayableAndMortgages_d130f4ef-95b6-4ca5-a991-e81d6dd48642" xlink:type="arc" preferredLabel="http://www.xbrl.org/2009/role/negatedTerseLabel"/>
    <link:loc xlink:type="locator" xlink:label="loc_frt_RepaymentOfMortgagesFinanceLeasesAndNotesPayable_6c242f0a-fa6c-4cf5-b706-4da28d2ef87b" xlink:href="frt-20250331.xsd#frt_RepaymentOfMortgagesFinanceLeasesAndNotesPayable"/>
    <link:presentationArc order="5" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaap_NetCashProvidedByUsedInFinancingActivitiesAbstract_793868bc-e7a2-4fb3-8694-1745b37a9175" xlink:to="loc_frt_RepaymentOfMortgagesFinanceLeasesAndNotesPayable_6c242f0a-fa6c-4cf5-b706-4da28d2ef87b" xlink:type="arc" preferredLabel="http://www.xbrl.org/2009/role/negatedTerseLabel"/>
    <link:loc xlink:type="locator" xlink:label="loc_frt_PurchaseOfCappedCalls_ca9ed414-5b46-4a7f-ba14-b0935b7d8366" xlink:href="frt-20250331.xsd#frt_PurchaseOfCappedCalls"/>
    <link:presentationArc order="6" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaap_NetCashProvidedByUsedInFinancingActivitiesAbstract_793868bc-e7a2-4fb3-8694-1745b37a9175" xlink:to="loc_frt_PurchaseOfCappedCalls_ca9ed414-5b46-4a7f-ba14-b0935b7d8366" xlink:type="arc" preferredLabel="http://www.xbrl.org/2009/role/negatedTerseLabel"/>
    <link:loc xlink:type="locator" xlink:label="loc_us-gaap_ProceedsFromIssuanceOfCommonStock_4faa6fc4-62a4-4114-aaea-58a50000b74a" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_ProceedsFromIssuanceOfCommonStock"/>
    <link:presentationArc order="7" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaap_NetCashProvidedByUsedInFinancingActivitiesAbstract_793868bc-e7a2-4fb3-8694-1745b37a9175" xlink:to="loc_us-gaap_ProceedsFromIssuanceOfCommonStock_4faa6fc4-62a4-4114-aaea-58a50000b74a" xlink:type="arc" preferredLabel="http://www.xbrl.org/2003/role/verboseLabel"/>
    <link:loc xlink:type="locator" xlink:label="loc_frt_IssuanceOfCommonUnitsNetOfCosts_300aa9f7-b3d7-49d6-8761-4e8729e0d8e5" xlink:href="frt-20250331.xsd#frt_IssuanceOfCommonUnitsNetOfCosts"/>
    <link:presentationArc order="8" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaap_NetCashProvidedByUsedInFinancingActivitiesAbstract_793868bc-e7a2-4fb3-8694-1745b37a9175" xlink:to="loc_frt_IssuanceOfCommonUnitsNetOfCosts_300aa9f7-b3d7-49d6-8761-4e8729e0d8e5" xlink:type="arc" preferredLabel="http://www.xbrl.org/2003/role/terseLabel"/>
    <link:loc xlink:type="locator" xlink:label="loc_frt_DividendsPaidToCommonAndPreferredShareholders_c086aade-387c-42a6-8f91-4cff4e8f614e" xlink:href="frt-20250331.xsd#frt_DividendsPaidToCommonAndPreferredShareholders"/>
    <link:presentationArc order="9" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaap_NetCashProvidedByUsedInFinancingActivitiesAbstract_793868bc-e7a2-4fb3-8694-1745b37a9175" xlink:to="loc_frt_DividendsPaidToCommonAndPreferredShareholders_c086aade-387c-42a6-8f91-4cff4e8f614e" xlink:type="arc" preferredLabel="http://www.xbrl.org/2009/role/negatedLabel"/>
    <link:loc xlink:type="locator" xlink:label="loc_frt_DividendsPaidToCommonAndPreferredUnitHolders_92e7dc03-91ee-4bf4-8c83-f238a7f646c5" xlink:href="frt-20250331.xsd#frt_DividendsPaidToCommonAndPreferredUnitHolders"/>
    <link:presentationArc order="10" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaap_NetCashProvidedByUsedInFinancingActivitiesAbstract_793868bc-e7a2-4fb3-8694-1745b37a9175" xlink:to="loc_frt_DividendsPaidToCommonAndPreferredUnitHolders_92e7dc03-91ee-4bf4-8c83-f238a7f646c5" xlink:type="arc" preferredLabel="http://www.xbrl.org/2009/role/negatedLabel"/>
    <link:loc xlink:type="locator" xlink:label="loc_us-gaap_PaymentsRelatedToTaxWithholdingForShareBasedCompensation_0d1e401b-d9aa-406b-9311-3c76bf7f5613" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_PaymentsRelatedToTaxWithholdingForShareBasedCompensation"/>
    <link:presentationArc order="11" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaap_NetCashProvidedByUsedInFinancingActivitiesAbstract_793868bc-e7a2-4fb3-8694-1745b37a9175" xlink:to="loc_us-gaap_PaymentsRelatedToTaxWithholdingForShareBasedCompensation_0d1e401b-d9aa-406b-9311-3c76bf7f5613" xlink:type="arc" preferredLabel="http://www.xbrl.org/2009/role/negatedLabel"/>
    <link:loc xlink:type="locator" xlink:label="loc_us-gaap_ProceedsFromMinorityShareholders_64296a93-49c7-483d-9047-0578d685c83d" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_ProceedsFromMinorityShareholders"/>
    <link:presentationArc order="12" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaap_NetCashProvidedByUsedInFinancingActivitiesAbstract_793868bc-e7a2-4fb3-8694-1745b37a9175" xlink:to="loc_us-gaap_ProceedsFromMinorityShareholders_64296a93-49c7-483d-9047-0578d685c83d" xlink:type="arc" preferredLabel="http://www.xbrl.org/2003/role/terseLabel"/>
    <link:loc xlink:type="locator" xlink:label="loc_frt_Paymentsofdividendsandredemptionsminorityinterest_fe5192dc-737b-4b37-97c2-6fa3d5e2063f" xlink:href="frt-20250331.xsd#frt_Paymentsofdividendsandredemptionsminorityinterest"/>
    <link:presentationArc order="13" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaap_NetCashProvidedByUsedInFinancingActivitiesAbstract_793868bc-e7a2-4fb3-8694-1745b37a9175" xlink:to="loc_frt_Paymentsofdividendsandredemptionsminorityinterest_fe5192dc-737b-4b37-97c2-6fa3d5e2063f" xlink:type="arc" preferredLabel="http://www.xbrl.org/2009/role/negatedTerseLabel"/>
    <link:loc xlink:type="locator" xlink:label="loc_us-gaap_NetCashProvidedByUsedInFinancingActivities_1c8398d7-b004-4270-ac2d-d0e8a66ad73c" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_NetCashProvidedByUsedInFinancingActivities"/>
    <link:presentationArc order="14" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaap_NetCashProvidedByUsedInFinancingActivitiesAbstract_793868bc-e7a2-4fb3-8694-1745b37a9175" xlink:to="loc_us-gaap_NetCashProvidedByUsedInFinancingActivities_1c8398d7-b004-4270-ac2d-d0e8a66ad73c" xlink:type="arc" preferredLabel="http://www.xbrl.org/2003/role/totalLabel"/>
    <link:loc xlink:type="locator" xlink:label="loc_us-gaap_CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect_47f71bf2-57a4-48b6-a648-69bf2e38006b" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect"/>
    <link:presentationArc order="4" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaap_StatementLineItems_b2ae18ec-9cf2-441b-9c39-845c49af1cce" xlink:to="loc_us-gaap_CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect_47f71bf2-57a4-48b6-a648-69bf2e38006b" xlink:type="arc" preferredLabel="http://www.xbrl.org/2003/role/totalLabel"/>
    <link:loc xlink:type="locator" xlink:label="loc_us-gaap_CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents_f4c2d1d2-30e7-4e77-9a88-e3a53e046809" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents"/>
    <link:presentationArc order="5" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaap_StatementLineItems_b2ae18ec-9cf2-441b-9c39-845c49af1cce" xlink:to="loc_us-gaap_CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents_f4c2d1d2-30e7-4e77-9a88-e3a53e046809" xlink:type="arc" preferredLabel="http://www.xbrl.org/2003/role/periodStartLabel"/>
    <link:loc xlink:type="locator" xlink:label="loc_us-gaap_CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents_23091562-5606-4512-a064-280be06b125d" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents"/>
    <link:presentationArc order="6" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaap_StatementLineItems_b2ae18ec-9cf2-441b-9c39-845c49af1cce" xlink:to="loc_us-gaap_CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents_23091562-5606-4512-a064-280be06b125d" xlink:type="arc" preferredLabel="http://www.xbrl.org/2003/role/periodEndLabel"/>
  </link:presentationLink>
  <link:roleRef roleURI="http://www.federalrealty.com/role/ConsolidatedStatementsofCapital" xlink:type="simple" xlink:href="frt-20250331.xsd#ConsolidatedStatementsofCapital"/>
  <link:presentationLink xlink:role="http://www.federalrealty.com/role/ConsolidatedStatementsofCapital" xlink:type="extended">
    <link:loc xlink:type="locator" xlink:label="loc_us-gaap_StatementOfStockholdersEquityAbstract_dd2b48fa-2461-4035-bf76-1932e30eff58" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_StatementOfStockholdersEquityAbstract"/>
    <link:loc xlink:type="locator" xlink:label="loc_us-gaap_StatementTable_9fcfb5b7-a509-4408-a281-c02c373aab3f" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_StatementTable"/>
    <link:presentationArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaap_StatementOfStockholdersEquityAbstract_dd2b48fa-2461-4035-bf76-1932e30eff58" xlink:to="loc_us-gaap_StatementTable_9fcfb5b7-a509-4408-a281-c02c373aab3f" xlink:type="arc" preferredLabel="http://www.xbrl.org/2003/role/terseLabel"/>
    <link:loc xlink:type="locator" xlink:label="loc_srt_ConsolidatedEntitiesAxis_3f61c93e-6f70-443d-a21a-6195cdcefe46" xlink:href="https://xbrl.fasb.org/srt/2025/elts/srt-2025.xsd#srt_ConsolidatedEntitiesAxis"/>
    <link:presentationArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaap_StatementTable_9fcfb5b7-a509-4408-a281-c02c373aab3f" xlink:to="loc_srt_ConsolidatedEntitiesAxis_3f61c93e-6f70-443d-a21a-6195cdcefe46" xlink:type="arc" preferredLabel="http://www.xbrl.org/2003/role/terseLabel"/>
    <link:loc xlink:type="locator" xlink:label="loc_srt_ConsolidatedEntitiesDomain_dd14123c-d245-47ed-b1ce-89a4b7c56f1b" xlink:href="https://xbrl.fasb.org/srt/2025/elts/srt-2025.xsd#srt_ConsolidatedEntitiesDomain"/>
    <link:presentationArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_srt_ConsolidatedEntitiesAxis_3f61c93e-6f70-443d-a21a-6195cdcefe46" xlink:to="loc_srt_ConsolidatedEntitiesDomain_dd14123c-d245-47ed-b1ce-89a4b7c56f1b" xlink:type="arc" preferredLabel="http://www.xbrl.org/2003/role/terseLabel"/>
    <link:loc xlink:type="locator" xlink:label="loc_srt_PartnershipInterestMember_6be1d569-4b1d-47ac-8cb0-b9cee914b57f" xlink:href="https://xbrl.fasb.org/srt/2025/elts/srt-2025.xsd#srt_PartnershipInterestMember"/>
    <link:presentationArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_srt_ConsolidatedEntitiesDomain_dd14123c-d245-47ed-b1ce-89a4b7c56f1b" xlink:to="loc_srt_PartnershipInterestMember_6be1d569-4b1d-47ac-8cb0-b9cee914b57f" xlink:type="arc" preferredLabel="http://www.xbrl.org/2003/role/terseLabel"/>
    <link:loc xlink:type="locator" xlink:label="loc_frt_ConvertibleUnitTypeAxis_69e25d56-7599-474b-86cb-819ff6aec17b" xlink:href="frt-20250331.xsd#frt_ConvertibleUnitTypeAxis"/>
    <link:presentationArc order="2" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaap_StatementTable_9fcfb5b7-a509-4408-a281-c02c373aab3f" xlink:to="loc_frt_ConvertibleUnitTypeAxis_69e25d56-7599-474b-86cb-819ff6aec17b" xlink:type="arc" preferredLabel="http://www.xbrl.org/2003/role/terseLabel"/>
    <link:loc xlink:type="locator" xlink:label="loc_frt_ConvertibleUnitTypeDomain_65f45aa4-6921-4a92-98eb-a7adf13fb0e7" xlink:href="frt-20250331.xsd#frt_ConvertibleUnitTypeDomain"/>
    <link:presentationArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_frt_ConvertibleUnitTypeAxis_69e25d56-7599-474b-86cb-819ff6aec17b" xlink:to="loc_frt_ConvertibleUnitTypeDomain_65f45aa4-6921-4a92-98eb-a7adf13fb0e7" xlink:type="arc" preferredLabel="http://www.xbrl.org/2003/role/terseLabel"/>
    <link:loc xlink:type="locator" xlink:label="loc_frt_DownREITOPUnitsMember_b32a2277-bdce-4f0a-8c50-a6626c4c3ade" xlink:href="frt-20250331.xsd#frt_DownREITOPUnitsMember"/>
    <link:presentationArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_frt_ConvertibleUnitTypeDomain_65f45aa4-6921-4a92-98eb-a7adf13fb0e7" xlink:to="loc_frt_DownREITOPUnitsMember_b32a2277-bdce-4f0a-8c50-a6626c4c3ade" xlink:type="arc" preferredLabel="http://www.xbrl.org/2003/role/terseLabel"/>
    <link:loc xlink:type="locator" xlink:label="loc_us-gaap_StatementEquityComponentsAxis_658ba50d-d810-4cf2-a426-6be1114ee083" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_StatementEquityComponentsAxis"/>
    <link:presentationArc order="3" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaap_StatementTable_9fcfb5b7-a509-4408-a281-c02c373aab3f" xlink:to="loc_us-gaap_StatementEquityComponentsAxis_658ba50d-d810-4cf2-a426-6be1114ee083" xlink:type="arc" preferredLabel="http://www.xbrl.org/2003/role/terseLabel"/>
    <link:loc xlink:type="locator" xlink:label="loc_us-gaap_EquityComponentDomain_6aa34444-292e-4f9a-adf1-01f8b67764ef" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_EquityComponentDomain"/>
    <link:presentationArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaap_StatementEquityComponentsAxis_658ba50d-d810-4cf2-a426-6be1114ee083" xlink:to="loc_us-gaap_EquityComponentDomain_6aa34444-292e-4f9a-adf1-01f8b67764ef" xlink:type="arc" preferredLabel="http://www.xbrl.org/2003/role/terseLabel"/>
    <link:loc xlink:type="locator" xlink:label="loc_frt_PreferredUnitsMember_aa5a0395-0e5b-4ebf-8fe9-19c9821a70d3" xlink:href="frt-20250331.xsd#frt_PreferredUnitsMember"/>
    <link:presentationArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaap_EquityComponentDomain_6aa34444-292e-4f9a-adf1-01f8b67764ef" xlink:to="loc_frt_PreferredUnitsMember_aa5a0395-0e5b-4ebf-8fe9-19c9821a70d3" xlink:type="arc" preferredLabel="http://www.xbrl.org/2003/role/terseLabel"/>
    <link:loc xlink:type="locator" xlink:label="loc_frt_CommonUnitsMember_c5775a69-9450-466e-b223-e84aabba35ea" xlink:href="frt-20250331.xsd#frt_CommonUnitsMember"/>
    <link:presentationArc order="2" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaap_EquityComponentDomain_6aa34444-292e-4f9a-adf1-01f8b67764ef" xlink:to="loc_frt_CommonUnitsMember_c5775a69-9450-466e-b223-e84aabba35ea" xlink:type="arc" preferredLabel="http://www.xbrl.org/2003/role/terseLabel"/>
    <link:loc xlink:type="locator" xlink:label="loc_us-gaap_AccumulatedOtherComprehensiveIncomeMember_1c1b561a-2137-4fc8-b0eb-a94818c20f2a" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_AccumulatedOtherComprehensiveIncomeMember"/>
    <link:presentationArc order="3" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaap_EquityComponentDomain_6aa34444-292e-4f9a-adf1-01f8b67764ef" xlink:to="loc_us-gaap_AccumulatedOtherComprehensiveIncomeMember_1c1b561a-2137-4fc8-b0eb-a94818c20f2a" xlink:type="arc" preferredLabel="http://www.xbrl.org/2003/role/terseLabel"/>
    <link:loc xlink:type="locator" xlink:label="loc_us-gaap_ParentMember_059f1e0a-736a-483e-932d-a507b5a86c42" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_ParentMember"/>
    <link:presentationArc order="4" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaap_EquityComponentDomain_6aa34444-292e-4f9a-adf1-01f8b67764ef" xlink:to="loc_us-gaap_ParentMember_059f1e0a-736a-483e-932d-a507b5a86c42" xlink:type="arc" preferredLabel="http://www.xbrl.org/2003/role/terseLabel"/>
    <link:loc xlink:type="locator" xlink:label="loc_frt_NoncontrollingInterestsInConsolidatedPartnershipsMember_f70e9a77-0f60-4776-a828-fd797f6a25e9" xlink:href="frt-20250331.xsd#frt_NoncontrollingInterestsInConsolidatedPartnershipsMember"/>
    <link:presentationArc order="5" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaap_EquityComponentDomain_6aa34444-292e-4f9a-adf1-01f8b67764ef" xlink:to="loc_frt_NoncontrollingInterestsInConsolidatedPartnershipsMember_f70e9a77-0f60-4776-a828-fd797f6a25e9" xlink:type="arc" preferredLabel="http://www.xbrl.org/2003/role/terseLabel"/>
    <link:loc xlink:type="locator" xlink:label="loc_us-gaap_StatementLineItems_287b1fba-db34-4831-8472-39de69f4071d" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_StatementLineItems"/>
    <link:presentationArc order="4" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaap_StatementTable_9fcfb5b7-a509-4408-a281-c02c373aab3f" xlink:to="loc_us-gaap_StatementLineItems_287b1fba-db34-4831-8472-39de69f4071d" xlink:type="arc" preferredLabel="http://www.xbrl.org/2003/role/terseLabel"/>
    <link:loc xlink:type="locator" xlink:label="loc_us-gaap_IncreaseDecreaseInPartnersCapitalRollForward_d490a9f4-509d-43c5-b5e8-d1dda1cf96f8" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_IncreaseDecreaseInPartnersCapitalRollForward"/>
    <link:presentationArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaap_StatementLineItems_287b1fba-db34-4831-8472-39de69f4071d" xlink:to="loc_us-gaap_IncreaseDecreaseInPartnersCapitalRollForward_d490a9f4-509d-43c5-b5e8-d1dda1cf96f8" xlink:type="arc" preferredLabel="http://www.xbrl.org/2003/role/terseLabel"/>
    <link:loc xlink:type="locator" xlink:label="loc_us-gaap_PartnersCapitalIncludingPortionAttributableToNoncontrollingInterest_96d08f4e-861f-4b1b-91ab-6bf5965b12e4" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_PartnersCapitalIncludingPortionAttributableToNoncontrollingInterest"/>
    <link:presentationArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaap_IncreaseDecreaseInPartnersCapitalRollForward_d490a9f4-509d-43c5-b5e8-d1dda1cf96f8" xlink:to="loc_us-gaap_PartnersCapitalIncludingPortionAttributableToNoncontrollingInterest_96d08f4e-861f-4b1b-91ab-6bf5965b12e4" xlink:type="arc" preferredLabel="http://www.xbrl.org/2003/role/periodStartLabel"/>
    <link:loc xlink:type="locator" xlink:label="loc_us-gaap_NetIncomeLossIncludingPortionAttributableToNonredeemableNoncontrollingInterest_cecd2b83-4df6-4183-8f79-3d23554d80c2" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_NetIncomeLossIncludingPortionAttributableToNonredeemableNoncontrollingInterest"/>
    <link:presentationArc order="2" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaap_IncreaseDecreaseInPartnersCapitalRollForward_d490a9f4-509d-43c5-b5e8-d1dda1cf96f8" xlink:to="loc_us-gaap_NetIncomeLossIncludingPortionAttributableToNonredeemableNoncontrollingInterest_cecd2b83-4df6-4183-8f79-3d23554d80c2" xlink:type="arc" preferredLabel="http://www.xbrl.org/2003/role/terseLabel"/>
    <link:loc xlink:type="locator" xlink:label="loc_frt_OtherComprehensiveIncomeLossNetOfPortionAttributableToNoncontrollingInterest_e3e430de-d342-4a32-b8e0-7245a69390ed" xlink:href="frt-20250331.xsd#frt_OtherComprehensiveIncomeLossNetOfPortionAttributableToNoncontrollingInterest"/>
    <link:presentationArc order="3" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaap_IncreaseDecreaseInPartnersCapitalRollForward_d490a9f4-509d-43c5-b5e8-d1dda1cf96f8" xlink:to="loc_frt_OtherComprehensiveIncomeLossNetOfPortionAttributableToNoncontrollingInterest_e3e430de-d342-4a32-b8e0-7245a69390ed" xlink:type="arc" preferredLabel="http://www.xbrl.org/2003/role/verboseLabel"/>
    <link:loc xlink:type="locator" xlink:label="loc_frt_DistributionsDeclaredToCommonUnitHolders_8998122f-0258-4105-ba62-ec9dd01d4859" xlink:href="frt-20250331.xsd#frt_DistributionsDeclaredToCommonUnitHolders"/>
    <link:presentationArc order="4" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaap_IncreaseDecreaseInPartnersCapitalRollForward_d490a9f4-509d-43c5-b5e8-d1dda1cf96f8" xlink:to="loc_frt_DistributionsDeclaredToCommonUnitHolders_8998122f-0258-4105-ba62-ec9dd01d4859" xlink:type="arc" preferredLabel="http://www.xbrl.org/2009/role/negatedTerseLabel"/>
    <link:loc xlink:type="locator" xlink:label="loc_frt_DistributionsDeclaredToPreferredUnitHolders_c807d8be-1e7b-4614-bc52-df8b359b260a" xlink:href="frt-20250331.xsd#frt_DistributionsDeclaredToPreferredUnitHolders"/>
    <link:presentationArc order="5" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaap_IncreaseDecreaseInPartnersCapitalRollForward_d490a9f4-509d-43c5-b5e8-d1dda1cf96f8" xlink:to="loc_frt_DistributionsDeclaredToPreferredUnitHolders_c807d8be-1e7b-4614-bc52-df8b359b260a" xlink:type="arc" preferredLabel="http://www.xbrl.org/2009/role/negatedTerseLabel"/>
    <link:loc xlink:type="locator" xlink:label="loc_frt_DistributionsDeclaredToNoncontrollingInterestsInConsolidatedPartnershipsExcludingAmountsAttributableToRedeemableNoncontrollingInterests_2ec4e729-2a77-437f-9b03-82d23474980f" xlink:href="frt-20250331.xsd#frt_DistributionsDeclaredToNoncontrollingInterestsInConsolidatedPartnershipsExcludingAmountsAttributableToRedeemableNoncontrollingInterests"/>
    <link:presentationArc order="6" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaap_IncreaseDecreaseInPartnersCapitalRollForward_d490a9f4-509d-43c5-b5e8-d1dda1cf96f8" xlink:to="loc_frt_DistributionsDeclaredToNoncontrollingInterestsInConsolidatedPartnershipsExcludingAmountsAttributableToRedeemableNoncontrollingInterests_2ec4e729-2a77-437f-9b03-82d23474980f" xlink:type="arc" preferredLabel="http://www.xbrl.org/2009/role/negatedTerseLabel"/>
    <link:loc xlink:type="locator" xlink:label="loc_us-gaap_PartnersCapitalAccountContributions_858f9780-f5e8-4b26-9bed-1b8509fd102c" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_PartnersCapitalAccountContributions"/>
    <link:presentationArc order="7" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaap_IncreaseDecreaseInPartnersCapitalRollForward_d490a9f4-509d-43c5-b5e8-d1dda1cf96f8" xlink:to="loc_us-gaap_PartnersCapitalAccountContributions_858f9780-f5e8-4b26-9bed-1b8509fd102c" xlink:type="arc" preferredLabel="http://www.xbrl.org/2003/role/terseLabel"/>
    <link:loc xlink:type="locator" xlink:label="loc_frt_CommonUnitsIssuedUnderDividendReinvestmentPlan_f416b836-a9fe-47b3-a0fd-f87338ec3f08" xlink:href="frt-20250331.xsd#frt_CommonUnitsIssuedUnderDividendReinvestmentPlan"/>
    <link:presentationArc order="8" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaap_IncreaseDecreaseInPartnersCapitalRollForward_d490a9f4-509d-43c5-b5e8-d1dda1cf96f8" xlink:to="loc_frt_CommonUnitsIssuedUnderDividendReinvestmentPlan_f416b836-a9fe-47b3-a0fd-f87338ec3f08" xlink:type="arc" preferredLabel="http://www.xbrl.org/2003/role/terseLabel"/>
    <link:loc xlink:type="locator" xlink:label="loc_us-gaap_PartnersCapitalAccountUnitBasedCompensation_e7d7770e-707a-4f0e-837a-d10e259fe5d6" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_PartnersCapitalAccountUnitBasedCompensation"/>
    <link:presentationArc order="9" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaap_IncreaseDecreaseInPartnersCapitalRollForward_d490a9f4-509d-43c5-b5e8-d1dda1cf96f8" xlink:to="loc_us-gaap_PartnersCapitalAccountUnitBasedCompensation_e7d7770e-707a-4f0e-837a-d10e259fe5d6" xlink:type="arc" preferredLabel="http://www.xbrl.org/2003/role/terseLabel"/>
    <link:loc xlink:type="locator" xlink:label="loc_frt_PartnersCapitalAccountEmployeeTaxWithholdings_8ce097b3-12f0-4212-97f4-f0863cf40b90" xlink:href="frt-20250331.xsd#frt_PartnersCapitalAccountEmployeeTaxWithholdings"/>
    <link:presentationArc order="10" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaap_IncreaseDecreaseInPartnersCapitalRollForward_d490a9f4-509d-43c5-b5e8-d1dda1cf96f8" xlink:to="loc_frt_PartnersCapitalAccountEmployeeTaxWithholdings_8ce097b3-12f0-4212-97f4-f0863cf40b90" xlink:type="arc" preferredLabel="http://www.xbrl.org/2009/role/negatedTerseLabel"/>
    <link:loc xlink:type="locator" xlink:label="loc_us-gaap_PartnersCapitalAccountExchangesAndConversions_4427f681-8ae7-4ff6-a80c-58d45bcfc22e" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_PartnersCapitalAccountExchangesAndConversions"/>
    <link:presentationArc order="11" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaap_IncreaseDecreaseInPartnersCapitalRollForward_d490a9f4-509d-43c5-b5e8-d1dda1cf96f8" xlink:to="loc_us-gaap_PartnersCapitalAccountExchangesAndConversions_4427f681-8ae7-4ff6-a80c-58d45bcfc22e" xlink:type="arc" preferredLabel="http://www.xbrl.org/2003/role/terseLabel"/>
    <link:loc xlink:type="locator" xlink:label="loc_frt_Contributionsfromnoncontrollinginterests_5c23f6ac-de66-47f6-a5e4-6ade11c09dd9" xlink:href="frt-20250331.xsd#frt_Contributionsfromnoncontrollinginterests"/>
    <link:presentationArc order="12" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaap_IncreaseDecreaseInPartnersCapitalRollForward_d490a9f4-509d-43c5-b5e8-d1dda1cf96f8" xlink:to="loc_frt_Contributionsfromnoncontrollinginterests_5c23f6ac-de66-47f6-a5e4-6ade11c09dd9" xlink:type="arc" preferredLabel="http://www.xbrl.org/2003/role/terseLabel"/>
    <link:loc xlink:type="locator" xlink:label="loc_frt_PartnersCapitalAccountCappedCallPremiums_d51cf837-fd72-46ae-ab99-1f3ba8ebd213" xlink:href="frt-20250331.xsd#frt_PartnersCapitalAccountCappedCallPremiums"/>
    <link:presentationArc order="13" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaap_IncreaseDecreaseInPartnersCapitalRollForward_d490a9f4-509d-43c5-b5e8-d1dda1cf96f8" xlink:to="loc_frt_PartnersCapitalAccountCappedCallPremiums_d51cf837-fd72-46ae-ab99-1f3ba8ebd213" xlink:type="arc" preferredLabel="http://www.xbrl.org/2009/role/negatedTerseLabel"/>
    <link:loc xlink:type="locator" xlink:label="loc_us-gaap_PartnersCapitalIncludingPortionAttributableToNoncontrollingInterest_d24bc47e-4069-4eef-bfdf-63dc7f27ce07" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_PartnersCapitalIncludingPortionAttributableToNoncontrollingInterest"/>
    <link:presentationArc order="14" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaap_IncreaseDecreaseInPartnersCapitalRollForward_d490a9f4-509d-43c5-b5e8-d1dda1cf96f8" xlink:to="loc_us-gaap_PartnersCapitalIncludingPortionAttributableToNoncontrollingInterest_d24bc47e-4069-4eef-bfdf-63dc7f27ce07" xlink:type="arc" preferredLabel="http://www.xbrl.org/2003/role/periodEndLabel"/>
  </link:presentationLink>
  <link:roleRef roleURI="http://www.federalrealty.com/role/ConsolidatedStatementsofCapitalParenthetical" xlink:type="simple" xlink:href="frt-20250331.xsd#ConsolidatedStatementsofCapitalParenthetical"/>
  <link:presentationLink xlink:role="http://www.federalrealty.com/role/ConsolidatedStatementsofCapitalParenthetical" xlink:type="extended">
    <link:loc xlink:type="locator" xlink:label="loc_us-gaap_PartnersCapitalAbstract_44d0937c-3669-4bb2-ad71-bbf1ae20ae2f" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_PartnersCapitalAbstract"/>
    <link:loc xlink:type="locator" xlink:label="loc_us-gaap_StatementTable_670d63cc-0a7a-47f9-be77-78ba35fc5fe4" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_StatementTable"/>
    <link:presentationArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaap_PartnersCapitalAbstract_44d0937c-3669-4bb2-ad71-bbf1ae20ae2f" xlink:to="loc_us-gaap_StatementTable_670d63cc-0a7a-47f9-be77-78ba35fc5fe4" xlink:type="arc" preferredLabel="http://www.xbrl.org/2003/role/terseLabel"/>
    <link:loc xlink:type="locator" xlink:label="loc_srt_ConsolidatedEntitiesAxis_33289f26-2560-4ff4-bf18-ffd74c37929e" xlink:href="https://xbrl.fasb.org/srt/2025/elts/srt-2025.xsd#srt_ConsolidatedEntitiesAxis"/>
    <link:presentationArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaap_StatementTable_670d63cc-0a7a-47f9-be77-78ba35fc5fe4" xlink:to="loc_srt_ConsolidatedEntitiesAxis_33289f26-2560-4ff4-bf18-ffd74c37929e" xlink:type="arc" preferredLabel="http://www.xbrl.org/2003/role/terseLabel"/>
    <link:loc xlink:type="locator" xlink:label="loc_srt_ConsolidatedEntitiesDomain_815f3d0f-79cf-4446-b9c8-fa745982930c" xlink:href="https://xbrl.fasb.org/srt/2025/elts/srt-2025.xsd#srt_ConsolidatedEntitiesDomain"/>
    <link:presentationArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_srt_ConsolidatedEntitiesAxis_33289f26-2560-4ff4-bf18-ffd74c37929e" xlink:to="loc_srt_ConsolidatedEntitiesDomain_815f3d0f-79cf-4446-b9c8-fa745982930c" xlink:type="arc" preferredLabel="http://www.xbrl.org/2003/role/terseLabel"/>
    <link:loc xlink:type="locator" xlink:label="loc_srt_PartnershipInterestMember_5df62e1d-90bd-41fd-afac-2b1e12249a73" xlink:href="https://xbrl.fasb.org/srt/2025/elts/srt-2025.xsd#srt_PartnershipInterestMember"/>
    <link:presentationArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_srt_ConsolidatedEntitiesDomain_815f3d0f-79cf-4446-b9c8-fa745982930c" xlink:to="loc_srt_PartnershipInterestMember_5df62e1d-90bd-41fd-afac-2b1e12249a73" xlink:type="arc" preferredLabel="http://www.xbrl.org/2003/role/terseLabel"/>
    <link:loc xlink:type="locator" xlink:label="loc_us-gaap_StatementLineItems_85f06ebc-dbd8-46fe-b591-a6c389f31b5e" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_StatementLineItems"/>
    <link:presentationArc order="2" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaap_StatementTable_670d63cc-0a7a-47f9-be77-78ba35fc5fe4" xlink:to="loc_us-gaap_StatementLineItems_85f06ebc-dbd8-46fe-b591-a6c389f31b5e" xlink:type="arc" preferredLabel="http://www.xbrl.org/2003/role/terseLabel"/>
    <link:loc xlink:type="locator" xlink:label="loc_us-gaap_NetIncomeLossAttributableToRedeemableNoncontrollingInterest_a173369e-35ac-4ff4-8f8b-4ef5c799d5b7" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_NetIncomeLossAttributableToRedeemableNoncontrollingInterest"/>
    <link:presentationArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaap_StatementLineItems_85f06ebc-dbd8-46fe-b591-a6c389f31b5e" xlink:to="loc_us-gaap_NetIncomeLossAttributableToRedeemableNoncontrollingInterest_a173369e-35ac-4ff4-8f8b-4ef5c799d5b7" xlink:type="arc" preferredLabel="http://www.xbrl.org/2003/role/terseLabel"/>
    <link:loc xlink:type="locator" xlink:label="loc_frt_OtherComprehensiveIncomeLossAttributableToRedeemableNoncontrollingInterest_1c82c36a-0d3b-4009-ac5b-bdea97b4b09e" xlink:href="frt-20250331.xsd#frt_OtherComprehensiveIncomeLossAttributableToRedeemableNoncontrollingInterest"/>
    <link:presentationArc order="2" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaap_StatementLineItems_85f06ebc-dbd8-46fe-b591-a6c389f31b5e" xlink:to="loc_frt_OtherComprehensiveIncomeLossAttributableToRedeemableNoncontrollingInterest_1c82c36a-0d3b-4009-ac5b-bdea97b4b09e" xlink:type="arc" preferredLabel="http://www.xbrl.org/2003/role/terseLabel"/>
    <link:loc xlink:type="locator" xlink:label="loc_frt_RedeemableNoncontrollingInterestDecreaseFromDistributionsToRedeemableNoncontrollingInterestHolders_6b958f92-10ea-4f01-be7a-502816a31753" xlink:href="frt-20250331.xsd#frt_RedeemableNoncontrollingInterestDecreaseFromDistributionsToRedeemableNoncontrollingInterestHolders"/>
    <link:presentationArc order="3" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaap_StatementLineItems_85f06ebc-dbd8-46fe-b591-a6c389f31b5e" xlink:to="loc_frt_RedeemableNoncontrollingInterestDecreaseFromDistributionsToRedeemableNoncontrollingInterestHolders_6b958f92-10ea-4f01-be7a-502816a31753" xlink:type="arc" preferredLabel="http://www.xbrl.org/2003/role/terseLabel"/>
  </link:presentationLink>
  <link:roleRef roleURI="http://www.federalrealty.com/role/BusinessAndOrganization" xlink:type="simple" xlink:href="frt-20250331.xsd#BusinessAndOrganization"/>
  <link:presentationLink xlink:role="http://www.federalrealty.com/role/BusinessAndOrganization" xlink:type="extended">
    <link:loc xlink:type="locator" xlink:label="loc_frt_NatureOfOperationsAbstract_49e995da-ea0a-4189-ae39-88be0abf122b" xlink:href="frt-20250331.xsd#frt_NatureOfOperationsAbstract"/>
    <link:loc xlink:type="locator" xlink:label="loc_us-gaap_NatureOfOperations_c822246c-0e63-43b5-835d-8bd17471d331" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_NatureOfOperations"/>
    <link:presentationArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_frt_NatureOfOperationsAbstract_49e995da-ea0a-4189-ae39-88be0abf122b" xlink:to="loc_us-gaap_NatureOfOperations_c822246c-0e63-43b5-835d-8bd17471d331" xlink:type="arc" preferredLabel="http://www.xbrl.org/2003/role/terseLabel"/>
  </link:presentationLink>
  <link:roleRef roleURI="http://www.federalrealty.com/role/SummaryOfSignificantAccountingPolicies" xlink:type="simple" xlink:href="frt-20250331.xsd#SummaryOfSignificantAccountingPolicies"/>
  <link:presentationLink xlink:role="http://www.federalrealty.com/role/SummaryOfSignificantAccountingPolicies" xlink:type="extended">
    <link:loc xlink:type="locator" xlink:label="loc_us-gaap_AccountingPoliciesAbstract_d5bcdee2-7ae5-401c-93a1-d49b6a171d2c" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_AccountingPoliciesAbstract"/>
    <link:loc xlink:type="locator" xlink:label="loc_us-gaap_SignificantAccountingPoliciesTextBlock_49c58f43-69e9-4742-bd02-160d264d4396" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_SignificantAccountingPoliciesTextBlock"/>
    <link:presentationArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaap_AccountingPoliciesAbstract_d5bcdee2-7ae5-401c-93a1-d49b6a171d2c" xlink:to="loc_us-gaap_SignificantAccountingPoliciesTextBlock_49c58f43-69e9-4742-bd02-160d264d4396" xlink:type="arc" preferredLabel="http://www.xbrl.org/2003/role/terseLabel"/>
  </link:presentationLink>
  <link:roleRef roleURI="http://www.federalrealty.com/role/RealEstate" xlink:type="simple" xlink:href="frt-20250331.xsd#RealEstate"/>
  <link:presentationLink xlink:role="http://www.federalrealty.com/role/RealEstate" xlink:type="extended">
    <link:loc xlink:type="locator" xlink:label="loc_us-gaap_RealEstateAbstract_6724612b-f98c-4062-9851-19fa3a7772af" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_RealEstateAbstract"/>
    <link:loc xlink:type="locator" xlink:label="loc_us-gaap_RealEstateDisclosureTextBlock_559f468d-671c-47d0-b692-c51263a47402" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_RealEstateDisclosureTextBlock"/>
    <link:presentationArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaap_RealEstateAbstract_6724612b-f98c-4062-9851-19fa3a7772af" xlink:to="loc_us-gaap_RealEstateDisclosureTextBlock_559f468d-671c-47d0-b692-c51263a47402" xlink:type="arc" preferredLabel="http://www.xbrl.org/2003/role/terseLabel"/>
  </link:presentationLink>
  <link:roleRef roleURI="http://www.federalrealty.com/role/Debt" xlink:type="simple" xlink:href="frt-20250331.xsd#Debt"/>
  <link:presentationLink xlink:role="http://www.federalrealty.com/role/Debt" xlink:type="extended">
    <link:loc xlink:type="locator" xlink:label="loc_us-gaap_DebtInstrumentsAbstract_e1574265-fa4b-49b9-9568-d6b0f6da19ae" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_DebtInstrumentsAbstract"/>
    <link:loc xlink:type="locator" xlink:label="loc_us-gaap_DebtDisclosureTextBlock_e3ebe987-f937-4302-a061-df76fb91f123" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_DebtDisclosureTextBlock"/>
    <link:presentationArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaap_DebtInstrumentsAbstract_e1574265-fa4b-49b9-9568-d6b0f6da19ae" xlink:to="loc_us-gaap_DebtDisclosureTextBlock_e3ebe987-f937-4302-a061-df76fb91f123" xlink:type="arc" preferredLabel="http://www.xbrl.org/2003/role/verboseLabel"/>
  </link:presentationLink>
  <link:roleRef roleURI="http://www.federalrealty.com/role/FairValueOfFinancialInstruments" xlink:type="simple" xlink:href="frt-20250331.xsd#FairValueOfFinancialInstruments"/>
  <link:presentationLink xlink:role="http://www.federalrealty.com/role/FairValueOfFinancialInstruments" xlink:type="extended">
    <link:loc xlink:type="locator" xlink:label="loc_us-gaap_FairValueDisclosuresAbstract_6e676b7c-614a-44fe-9b5b-fbde0d70f84c" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_FairValueDisclosuresAbstract"/>
    <link:loc xlink:type="locator" xlink:label="loc_us-gaap_FairValueDisclosuresTextBlock_89b0e209-f22f-45a8-bf3b-757449fe73c8" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_FairValueDisclosuresTextBlock"/>
    <link:presentationArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaap_FairValueDisclosuresAbstract_6e676b7c-614a-44fe-9b5b-fbde0d70f84c" xlink:to="loc_us-gaap_FairValueDisclosuresTextBlock_89b0e209-f22f-45a8-bf3b-757449fe73c8" xlink:type="arc" preferredLabel="http://www.xbrl.org/2003/role/verboseLabel"/>
  </link:presentationLink>
  <link:roleRef roleURI="http://www.federalrealty.com/role/CommitmentsandContingencies" xlink:type="simple" xlink:href="frt-20250331.xsd#CommitmentsandContingencies"/>
  <link:presentationLink xlink:role="http://www.federalrealty.com/role/CommitmentsandContingencies" xlink:type="extended">
    <link:loc xlink:type="locator" xlink:label="loc_us-gaap_CommitmentsAndContingenciesDisclosureAbstract_514548bb-271e-40d6-be77-d1ca9abafdad" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_CommitmentsAndContingenciesDisclosureAbstract"/>
    <link:loc xlink:type="locator" xlink:label="loc_us-gaap_CommitmentsAndContingenciesDisclosureTextBlock_67085e75-aa17-41f4-8c9e-e28959a4bc09" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_CommitmentsAndContingenciesDisclosureTextBlock"/>
    <link:presentationArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaap_CommitmentsAndContingenciesDisclosureAbstract_514548bb-271e-40d6-be77-d1ca9abafdad" xlink:to="loc_us-gaap_CommitmentsAndContingenciesDisclosureTextBlock_67085e75-aa17-41f4-8c9e-e28959a4bc09" xlink:type="arc" preferredLabel="http://www.xbrl.org/2003/role/verboseLabel"/>
  </link:presentationLink>
  <link:roleRef roleURI="http://www.federalrealty.com/role/ShareholdersEquity" xlink:type="simple" xlink:href="frt-20250331.xsd#ShareholdersEquity"/>
  <link:presentationLink xlink:role="http://www.federalrealty.com/role/ShareholdersEquity" xlink:type="extended">
    <link:loc xlink:type="locator" xlink:label="loc_us-gaap_StockholdersEquityNoteAbstract_e254408c-efc3-4760-a649-a36159ca14f6" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_StockholdersEquityNoteAbstract"/>
    <link:loc xlink:type="locator" xlink:label="loc_us-gaap_StockholdersEquityNoteDisclosureTextBlock_75bc0fb2-14d9-4172-909e-195b12fc5313" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_StockholdersEquityNoteDisclosureTextBlock"/>
    <link:presentationArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaap_StockholdersEquityNoteAbstract_e254408c-efc3-4760-a649-a36159ca14f6" xlink:to="loc_us-gaap_StockholdersEquityNoteDisclosureTextBlock_75bc0fb2-14d9-4172-909e-195b12fc5313" xlink:type="arc" preferredLabel="http://www.xbrl.org/2003/role/terseLabel"/>
  </link:presentationLink>
  <link:roleRef roleURI="http://www.federalrealty.com/role/ShareBasedCompensationPlans" xlink:type="simple" xlink:href="frt-20250331.xsd#ShareBasedCompensationPlans"/>
  <link:presentationLink xlink:role="http://www.federalrealty.com/role/ShareBasedCompensationPlans" xlink:type="extended">
    <link:loc xlink:type="locator" xlink:label="loc_us-gaap_DisclosureOfCompensationRelatedCostsSharebasedPaymentsAbstract_e0e20e6d-1225-490a-be77-988b7f4172a9" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_DisclosureOfCompensationRelatedCostsSharebasedPaymentsAbstract"/>
    <link:loc xlink:type="locator" xlink:label="loc_us-gaap_DisclosureOfCompensationRelatedCostsShareBasedPaymentsTextBlock_9ac467ae-8aab-449f-ac4d-2c1edef5e657" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_DisclosureOfCompensationRelatedCostsShareBasedPaymentsTextBlock"/>
    <link:presentationArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaap_DisclosureOfCompensationRelatedCostsSharebasedPaymentsAbstract_e0e20e6d-1225-490a-be77-988b7f4172a9" xlink:to="loc_us-gaap_DisclosureOfCompensationRelatedCostsShareBasedPaymentsTextBlock_9ac467ae-8aab-449f-ac4d-2c1edef5e657" xlink:type="arc" preferredLabel="http://www.xbrl.org/2003/role/terseLabel"/>
  </link:presentationLink>
  <link:roleRef roleURI="http://www.federalrealty.com/role/EarningsPerShareAndUnit" xlink:type="simple" xlink:href="frt-20250331.xsd#EarningsPerShareAndUnit"/>
  <link:presentationLink xlink:role="http://www.federalrealty.com/role/EarningsPerShareAndUnit" xlink:type="extended">
    <link:loc xlink:type="locator" xlink:label="loc_us-gaap_EarningsPerShareAbstract_7ffabb03-1250-4564-a6eb-4d2bff4c63fa" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_EarningsPerShareAbstract"/>
    <link:loc xlink:type="locator" xlink:label="loc_us-gaap_EarningsPerShareTextBlock_4c04b7e7-57bd-4169-b120-b16e451cafde" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_EarningsPerShareTextBlock"/>
    <link:presentationArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaap_EarningsPerShareAbstract_7ffabb03-1250-4564-a6eb-4d2bff4c63fa" xlink:to="loc_us-gaap_EarningsPerShareTextBlock_4c04b7e7-57bd-4169-b120-b16e451cafde" xlink:type="arc" preferredLabel="http://www.xbrl.org/2003/role/terseLabel"/>
  </link:presentationLink>
  <link:roleRef roleURI="http://www.federalrealty.com/role/SubsequentEvent" xlink:type="simple" xlink:href="frt-20250331.xsd#SubsequentEvent"/>
  <link:presentationLink xlink:role="http://www.federalrealty.com/role/SubsequentEvent" xlink:type="extended">
    <link:loc xlink:type="locator" xlink:label="loc_us-gaap_SubsequentEventsAbstract_2032c76b-724c-4ee5-8c60-e6ef29452d59" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_SubsequentEventsAbstract"/>
    <link:loc xlink:type="locator" xlink:label="loc_us-gaap_SubsequentEventsTextBlock_e6153635-3abd-407c-8ba6-7408825b78bc" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_SubsequentEventsTextBlock"/>
    <link:presentationArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaap_SubsequentEventsAbstract_2032c76b-724c-4ee5-8c60-e6ef29452d59" xlink:to="loc_us-gaap_SubsequentEventsTextBlock_e6153635-3abd-407c-8ba6-7408825b78bc" xlink:type="arc" preferredLabel="http://www.xbrl.org/2003/role/terseLabel"/>
  </link:presentationLink>
  <link:roleRef roleURI="http://www.federalrealty.com/role/SummaryofSignificantAccountingPoliciesPolicy" xlink:type="simple" xlink:href="frt-20250331.xsd#SummaryofSignificantAccountingPoliciesPolicy"/>
  <link:presentationLink xlink:role="http://www.federalrealty.com/role/SummaryofSignificantAccountingPoliciesPolicy" xlink:type="extended">
    <link:loc xlink:type="locator" xlink:label="loc_us-gaap_AccountingPoliciesAbstract_ca08f8f2-1a0a-40da-bf24-265b0b1ca500" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_AccountingPoliciesAbstract"/>
    <link:loc xlink:type="locator" xlink:label="loc_us-gaap_BasisOfAccountingPolicyPolicyTextBlock_dbbef014-4fec-4c6e-80f6-bbd913c9c633" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_BasisOfAccountingPolicyPolicyTextBlock"/>
    <link:presentationArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaap_AccountingPoliciesAbstract_ca08f8f2-1a0a-40da-bf24-265b0b1ca500" xlink:to="loc_us-gaap_BasisOfAccountingPolicyPolicyTextBlock_dbbef014-4fec-4c6e-80f6-bbd913c9c633" xlink:type="arc" preferredLabel="http://www.xbrl.org/2003/role/terseLabel"/>
    <link:loc xlink:type="locator" xlink:label="loc_us-gaap_ConsolidationPolicyTextBlock_8c62d98e-a5b5-4ff7-98c3-ee3502de9366" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_ConsolidationPolicyTextBlock"/>
    <link:presentationArc order="2" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaap_AccountingPoliciesAbstract_ca08f8f2-1a0a-40da-bf24-265b0b1ca500" xlink:to="loc_us-gaap_ConsolidationPolicyTextBlock_8c62d98e-a5b5-4ff7-98c3-ee3502de9366" xlink:type="arc" preferredLabel="http://www.xbrl.org/2003/role/terseLabel"/>
    <link:loc xlink:type="locator" xlink:label="loc_us-gaap_UseOfEstimates_c0270141-0163-4f95-bf72-deedb2b3d196" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_UseOfEstimates"/>
    <link:presentationArc order="3" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaap_AccountingPoliciesAbstract_ca08f8f2-1a0a-40da-bf24-265b0b1ca500" xlink:to="loc_us-gaap_UseOfEstimates_c0270141-0163-4f95-bf72-deedb2b3d196" xlink:type="arc" preferredLabel="http://www.xbrl.org/2003/role/terseLabel"/>
    <link:loc xlink:type="locator" xlink:label="loc_us-gaap_SegmentReportingPolicyPolicyTextBlock_ac326461-8bc0-49e1-a720-600be72cbd79" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_SegmentReportingPolicyPolicyTextBlock"/>
    <link:presentationArc order="4" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaap_AccountingPoliciesAbstract_ca08f8f2-1a0a-40da-bf24-265b0b1ca500" xlink:to="loc_us-gaap_SegmentReportingPolicyPolicyTextBlock_ac326461-8bc0-49e1-a720-600be72cbd79" xlink:type="arc" preferredLabel="http://www.xbrl.org/2003/role/terseLabel"/>
    <link:loc xlink:type="locator" xlink:label="loc_us-gaap_NewAccountingPronouncementsAndChangesInAccountingPrinciplesTextBlock_50ec77c8-6460-44cf-837c-1f594dc150a4" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_NewAccountingPronouncementsAndChangesInAccountingPrinciplesTextBlock"/>
    <link:presentationArc order="5" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaap_AccountingPoliciesAbstract_ca08f8f2-1a0a-40da-bf24-265b0b1ca500" xlink:to="loc_us-gaap_NewAccountingPronouncementsAndChangesInAccountingPrinciplesTextBlock_50ec77c8-6460-44cf-837c-1f594dc150a4" xlink:type="arc" preferredLabel="http://www.xbrl.org/2003/role/terseLabel"/>
  </link:presentationLink>
  <link:roleRef roleURI="http://www.federalrealty.com/role/SummaryOfSignificantAccountingPoliciesTables" xlink:type="simple" xlink:href="frt-20250331.xsd#SummaryOfSignificantAccountingPoliciesTables"/>
  <link:presentationLink xlink:role="http://www.federalrealty.com/role/SummaryOfSignificantAccountingPoliciesTables" xlink:type="extended">
    <link:loc xlink:type="locator" xlink:label="loc_us-gaap_AccountingPoliciesAbstract_b91d0dcd-f1a1-4e52-8118-d7d1a53c5e1f" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_AccountingPoliciesAbstract"/>
    <link:loc xlink:type="locator" xlink:label="loc_us-gaap_ReconciliationOfOperatingProfitLossFromSegmentsToConsolidatedTextBlock_ab7f82b0-ec13-4f57-ba81-69f795bbd4fb" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_ReconciliationOfOperatingProfitLossFromSegmentsToConsolidatedTextBlock"/>
    <link:presentationArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaap_AccountingPoliciesAbstract_b91d0dcd-f1a1-4e52-8118-d7d1a53c5e1f" xlink:to="loc_us-gaap_ReconciliationOfOperatingProfitLossFromSegmentsToConsolidatedTextBlock_ab7f82b0-ec13-4f57-ba81-69f795bbd4fb" xlink:type="arc" preferredLabel="http://www.xbrl.org/2003/role/terseLabel"/>
    <link:loc xlink:type="locator" xlink:label="loc_us-gaap_ScheduleOfCashFlowSupplementalDisclosuresTableTextBlock_f6e2319b-70c7-4546-8b7c-fcd47958210c" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_ScheduleOfCashFlowSupplementalDisclosuresTableTextBlock"/>
    <link:presentationArc order="2" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaap_AccountingPoliciesAbstract_b91d0dcd-f1a1-4e52-8118-d7d1a53c5e1f" xlink:to="loc_us-gaap_ScheduleOfCashFlowSupplementalDisclosuresTableTextBlock_f6e2319b-70c7-4546-8b7c-fcd47958210c" xlink:type="arc" preferredLabel="http://www.xbrl.org/2003/role/terseLabel"/>
    <link:loc xlink:type="locator" xlink:label="loc_us-gaap_ScheduleOfCashAndCashEquivalentsTableTextBlock_5886c7d5-9b5c-4e62-8e8c-27dc7e972497" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_ScheduleOfCashAndCashEquivalentsTableTextBlock"/>
    <link:presentationArc order="3" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaap_AccountingPoliciesAbstract_b91d0dcd-f1a1-4e52-8118-d7d1a53c5e1f" xlink:to="loc_us-gaap_ScheduleOfCashAndCashEquivalentsTableTextBlock_5886c7d5-9b5c-4e62-8e8c-27dc7e972497" xlink:type="arc" preferredLabel="http://www.xbrl.org/2003/role/terseLabel"/>
  </link:presentationLink>
  <link:roleRef roleURI="http://www.federalrealty.com/role/RealEstateTables" xlink:type="simple" xlink:href="frt-20250331.xsd#RealEstateTables"/>
  <link:presentationLink xlink:role="http://www.federalrealty.com/role/RealEstateTables" xlink:type="extended">
    <link:loc xlink:type="locator" xlink:label="loc_us-gaap_RealEstateAbstract_9177fb5f-af92-4a38-ab36-1eb3cf047195" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_RealEstateAbstract"/>
  </link:presentationLink>
  <link:roleRef roleURI="http://www.federalrealty.com/role/FairValueOfFinancialInstrumentsTables" xlink:type="simple" xlink:href="frt-20250331.xsd#FairValueOfFinancialInstrumentsTables"/>
  <link:presentationLink xlink:role="http://www.federalrealty.com/role/FairValueOfFinancialInstrumentsTables" xlink:type="extended">
    <link:loc xlink:type="locator" xlink:label="loc_us-gaap_FairValueDisclosuresAbstract_cdaa5d98-8ba6-4bbd-a72c-62b46230762a" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_FairValueDisclosuresAbstract"/>
    <link:loc xlink:type="locator" xlink:label="loc_us-gaap_ScheduleOfCarryingValuesAndEstimatedFairValuesOfDebtInstrumentsTableTextBlock_959a8a63-94e8-42fe-b283-135dfb48bb0b" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_ScheduleOfCarryingValuesAndEstimatedFairValuesOfDebtInstrumentsTableTextBlock"/>
    <link:presentationArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaap_FairValueDisclosuresAbstract_cdaa5d98-8ba6-4bbd-a72c-62b46230762a" xlink:to="loc_us-gaap_ScheduleOfCarryingValuesAndEstimatedFairValuesOfDebtInstrumentsTableTextBlock_959a8a63-94e8-42fe-b283-135dfb48bb0b" xlink:type="arc" preferredLabel="http://www.xbrl.org/2003/role/terseLabel"/>
    <link:loc xlink:type="locator" xlink:label="loc_us-gaap_FairValueLiabilitiesMeasuredOnRecurringBasisTextBlock_f28bb75c-f0e5-49c1-aa0b-1c8097f18685" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_FairValueLiabilitiesMeasuredOnRecurringBasisTextBlock"/>
    <link:presentationArc order="2" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaap_FairValueDisclosuresAbstract_cdaa5d98-8ba6-4bbd-a72c-62b46230762a" xlink:to="loc_us-gaap_FairValueLiabilitiesMeasuredOnRecurringBasisTextBlock_f28bb75c-f0e5-49c1-aa0b-1c8097f18685" xlink:type="arc" preferredLabel="http://www.xbrl.org/2003/role/terseLabel"/>
  </link:presentationLink>
  <link:roleRef roleURI="http://www.federalrealty.com/role/ShareholdersEquityTables" xlink:type="simple" xlink:href="frt-20250331.xsd#ShareholdersEquityTables"/>
  <link:presentationLink xlink:role="http://www.federalrealty.com/role/ShareholdersEquityTables" xlink:type="extended">
    <link:loc xlink:type="locator" xlink:label="loc_us-gaap_StockholdersEquityNoteAbstract_ab7cfbd8-3c2e-4ea3-bd3b-2a97c5963a09" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_StockholdersEquityNoteAbstract"/>
    <link:loc xlink:type="locator" xlink:label="loc_us-gaap_DividendsDeclaredTableTextBlock_74fc5b9a-09bb-40b8-8a8b-bd3872a072c1" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_DividendsDeclaredTableTextBlock"/>
    <link:presentationArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaap_StockholdersEquityNoteAbstract_ab7cfbd8-3c2e-4ea3-bd3b-2a97c5963a09" xlink:to="loc_us-gaap_DividendsDeclaredTableTextBlock_74fc5b9a-09bb-40b8-8a8b-bd3872a072c1" xlink:type="arc" preferredLabel="http://www.xbrl.org/2003/role/terseLabel"/>
  </link:presentationLink>
  <link:roleRef roleURI="http://www.federalrealty.com/role/ShareBasedCompensationPlansTables" xlink:type="simple" xlink:href="frt-20250331.xsd#ShareBasedCompensationPlansTables"/>
  <link:presentationLink xlink:role="http://www.federalrealty.com/role/ShareBasedCompensationPlansTables" xlink:type="extended">
    <link:loc xlink:type="locator" xlink:label="loc_us-gaap_DisclosureOfCompensationRelatedCostsSharebasedPaymentsAbstract_22f9b579-25f2-4932-8384-0031794d43ca" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_DisclosureOfCompensationRelatedCostsSharebasedPaymentsAbstract"/>
    <link:loc xlink:type="locator" xlink:label="loc_us-gaap_ScheduleOfEmployeeServiceShareBasedCompensationAllocationOfRecognizedPeriodCostsTextBlock_cc16d402-f785-4e28-9c3c-73175623ae98" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_ScheduleOfEmployeeServiceShareBasedCompensationAllocationOfRecognizedPeriodCostsTextBlock"/>
    <link:presentationArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaap_DisclosureOfCompensationRelatedCostsSharebasedPaymentsAbstract_22f9b579-25f2-4932-8384-0031794d43ca" xlink:to="loc_us-gaap_ScheduleOfEmployeeServiceShareBasedCompensationAllocationOfRecognizedPeriodCostsTextBlock_cc16d402-f785-4e28-9c3c-73175623ae98" xlink:type="arc" preferredLabel="http://www.xbrl.org/2003/role/terseLabel"/>
  </link:presentationLink>
  <link:roleRef roleURI="http://www.federalrealty.com/role/EarningsPerShareAndUnitTables" xlink:type="simple" xlink:href="frt-20250331.xsd#EarningsPerShareAndUnitTables"/>
  <link:presentationLink xlink:role="http://www.federalrealty.com/role/EarningsPerShareAndUnitTables" xlink:type="extended">
    <link:loc xlink:type="locator" xlink:label="loc_us-gaap_EarningsPerShareAbstract_79754e60-bd0b-4070-8117-ead3070f483c" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_EarningsPerShareAbstract"/>
    <link:loc xlink:type="locator" xlink:label="loc_us-gaap_ScheduleOfEarningsPerShareBasicAndDilutedTableTextBlock_8560e5f3-65ec-4db7-8a32-fe5b15e1f185" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_ScheduleOfEarningsPerShareBasicAndDilutedTableTextBlock"/>
    <link:presentationArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaap_EarningsPerShareAbstract_79754e60-bd0b-4070-8117-ead3070f483c" xlink:to="loc_us-gaap_ScheduleOfEarningsPerShareBasicAndDilutedTableTextBlock_8560e5f3-65ec-4db7-8a32-fe5b15e1f185" xlink:type="arc" preferredLabel="http://www.xbrl.org/2003/role/terseLabel"/>
  </link:presentationLink>
  <link:roleRef roleURI="http://www.federalrealty.com/role/BusinessAndOrganizationDetails" xlink:type="simple" xlink:href="frt-20250331.xsd#BusinessAndOrganizationDetails"/>
  <link:presentationLink xlink:role="http://www.federalrealty.com/role/BusinessAndOrganizationDetails" xlink:type="extended">
    <link:loc xlink:type="locator" xlink:label="loc_frt_NatureOfOperationsAbstract_63146b76-bb60-4e9f-83dd-af16ac0e506a" xlink:href="frt-20250331.xsd#frt_NatureOfOperationsAbstract"/>
    <link:loc xlink:type="locator" xlink:label="loc_us-gaap_ScheduleOfSubsidiaryOfLimitedLiabilityCompanyOrLimitedPartnershipTable_c706325c-09e8-445d-8d59-ee190641d01e" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_ScheduleOfSubsidiaryOfLimitedLiabilityCompanyOrLimitedPartnershipTable"/>
    <link:presentationArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_frt_NatureOfOperationsAbstract_63146b76-bb60-4e9f-83dd-af16ac0e506a" xlink:to="loc_us-gaap_ScheduleOfSubsidiaryOfLimitedLiabilityCompanyOrLimitedPartnershipTable_c706325c-09e8-445d-8d59-ee190641d01e" xlink:type="arc" preferredLabel="http://www.xbrl.org/2003/role/terseLabel"/>
    <link:loc xlink:type="locator" xlink:label="loc_srt_OwnershipAxis_fb0151d9-7790-4a77-bf6c-7c95c05e9d71" xlink:href="https://xbrl.fasb.org/srt/2025/elts/srt-2025.xsd#srt_OwnershipAxis"/>
    <link:presentationArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaap_ScheduleOfSubsidiaryOfLimitedLiabilityCompanyOrLimitedPartnershipTable_c706325c-09e8-445d-8d59-ee190641d01e" xlink:to="loc_srt_OwnershipAxis_fb0151d9-7790-4a77-bf6c-7c95c05e9d71" xlink:type="arc" preferredLabel="http://www.xbrl.org/2003/role/terseLabel"/>
    <link:loc xlink:type="locator" xlink:label="loc_srt_OwnershipDomain_711b24d5-f6a6-44e5-a772-066ecbab160c" xlink:href="https://xbrl.fasb.org/srt/2025/elts/srt-2025.xsd#srt_OwnershipDomain"/>
    <link:presentationArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_srt_OwnershipAxis_fb0151d9-7790-4a77-bf6c-7c95c05e9d71" xlink:to="loc_srt_OwnershipDomain_711b24d5-f6a6-44e5-a772-066ecbab160c" xlink:type="arc" preferredLabel="http://www.xbrl.org/2003/role/terseLabel"/>
    <link:loc xlink:type="locator" xlink:label="loc_frt_FederalRealtyGPLLCMember_d91694c8-7a70-4b8d-b005-123ede81a39f" xlink:href="frt-20250331.xsd#frt_FederalRealtyGPLLCMember"/>
    <link:presentationArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_srt_OwnershipDomain_711b24d5-f6a6-44e5-a772-066ecbab160c" xlink:to="loc_frt_FederalRealtyGPLLCMember_d91694c8-7a70-4b8d-b005-123ede81a39f" xlink:type="arc" preferredLabel="http://www.xbrl.org/2003/role/terseLabel"/>
    <link:loc xlink:type="locator" xlink:label="loc_us-gaap_SubsidiaryOfLimitedLiabilityCompanyOrLimitedPartnershipLineItems_7ba8024b-918f-4092-a123-51f5dbfb524d" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_SubsidiaryOfLimitedLiabilityCompanyOrLimitedPartnershipLineItems"/>
    <link:presentationArc order="2" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaap_ScheduleOfSubsidiaryOfLimitedLiabilityCompanyOrLimitedPartnershipTable_c706325c-09e8-445d-8d59-ee190641d01e" xlink:to="loc_us-gaap_SubsidiaryOfLimitedLiabilityCompanyOrLimitedPartnershipLineItems_7ba8024b-918f-4092-a123-51f5dbfb524d" xlink:type="arc" preferredLabel="http://www.xbrl.org/2003/role/verboseLabel"/>
    <link:loc xlink:type="locator" xlink:label="loc_us-gaap_LimitedLiabilityCompanyLLCOrLimitedPartnershipLPManagingMemberOrGeneralPartnerOwnershipInterest_a087f531-a2c8-417b-9aa1-ac0d27de8638" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_LimitedLiabilityCompanyLLCOrLimitedPartnershipLPManagingMemberOrGeneralPartnerOwnershipInterest"/>
    <link:presentationArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaap_SubsidiaryOfLimitedLiabilityCompanyOrLimitedPartnershipLineItems_7ba8024b-918f-4092-a123-51f5dbfb524d" xlink:to="loc_us-gaap_LimitedLiabilityCompanyLLCOrLimitedPartnershipLPManagingMemberOrGeneralPartnerOwnershipInterest_a087f531-a2c8-417b-9aa1-ac0d27de8638" xlink:type="arc" preferredLabel="http://www.xbrl.org/2003/role/terseLabel"/>
    <link:loc xlink:type="locator" xlink:label="loc_us-gaap_NumberOfRealEstateProperties_47241b17-5df2-4d5a-bcef-86a11d792a75" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_NumberOfRealEstateProperties"/>
    <link:presentationArc order="2" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaap_SubsidiaryOfLimitedLiabilityCompanyOrLimitedPartnershipLineItems_7ba8024b-918f-4092-a123-51f5dbfb524d" xlink:to="loc_us-gaap_NumberOfRealEstateProperties_47241b17-5df2-4d5a-bcef-86a11d792a75" xlink:type="arc" preferredLabel="http://www.xbrl.org/2003/role/terseLabel"/>
    <link:loc xlink:type="locator" xlink:label="loc_frt_MinimumPercentageOfTaxableIncomeDistributedToShareholders_a8e104b6-73a2-4981-996b-eef80a1aaec3" xlink:href="frt-20250331.xsd#frt_MinimumPercentageOfTaxableIncomeDistributedToShareholders"/>
    <link:presentationArc order="3" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaap_SubsidiaryOfLimitedLiabilityCompanyOrLimitedPartnershipLineItems_7ba8024b-918f-4092-a123-51f5dbfb524d" xlink:to="loc_frt_MinimumPercentageOfTaxableIncomeDistributedToShareholders_a8e104b6-73a2-4981-996b-eef80a1aaec3" xlink:type="arc" preferredLabel="http://www.xbrl.org/2003/role/terseLabel"/>
  </link:presentationLink>
  <link:roleRef roleURI="http://www.federalrealty.com/role/SummaryOfSignificantAccountingPoliciesSegmentInformationDetails" xlink:type="simple" xlink:href="frt-20250331.xsd#SummaryOfSignificantAccountingPoliciesSegmentInformationDetails"/>
  <link:presentationLink xlink:role="http://www.federalrealty.com/role/SummaryOfSignificantAccountingPoliciesSegmentInformationDetails" xlink:type="extended">
    <link:loc xlink:type="locator" xlink:label="loc_us-gaap_AccountingPoliciesAbstract_7eaf347c-3ade-4904-b040-87d741c545c1" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_AccountingPoliciesAbstract"/>
    <link:loc xlink:type="locator" xlink:label="loc_us-gaap_NumberOfReportableSegments_de5f3c22-fbc9-4eb9-be4f-cdc78f882617" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_NumberOfReportableSegments"/>
    <link:presentationArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaap_AccountingPoliciesAbstract_7eaf347c-3ade-4904-b040-87d741c545c1" xlink:to="loc_us-gaap_NumberOfReportableSegments_de5f3c22-fbc9-4eb9-be4f-cdc78f882617" xlink:type="arc" preferredLabel="http://www.xbrl.org/2003/role/terseLabel"/>
    <link:loc xlink:type="locator" xlink:label="loc_frt_PropertyOperatingIncome_a9d39cd2-57a3-4a4e-8320-11364719af9e" xlink:href="frt-20250331.xsd#frt_PropertyOperatingIncome"/>
    <link:presentationArc order="2" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaap_AccountingPoliciesAbstract_7eaf347c-3ade-4904-b040-87d741c545c1" xlink:to="loc_frt_PropertyOperatingIncome_a9d39cd2-57a3-4a4e-8320-11364719af9e" xlink:type="arc" preferredLabel="http://www.xbrl.org/2003/role/terseLabel"/>
    <link:loc xlink:type="locator" xlink:label="loc_us-gaap_GeneralAndAdministrativeExpense_5cae1212-6299-411a-8f4b-af7523c740cc" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_GeneralAndAdministrativeExpense"/>
    <link:presentationArc order="3" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaap_AccountingPoliciesAbstract_7eaf347c-3ade-4904-b040-87d741c545c1" xlink:to="loc_us-gaap_GeneralAndAdministrativeExpense_5cae1212-6299-411a-8f4b-af7523c740cc" xlink:type="arc" preferredLabel="http://www.xbrl.org/2009/role/negatedTerseLabel"/>
    <link:loc xlink:type="locator" xlink:label="loc_us-gaap_DepreciationAndAmortization_465e2a3a-a377-4552-b159-4152b9aa62ad" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_DepreciationAndAmortization"/>
    <link:presentationArc order="4" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaap_AccountingPoliciesAbstract_7eaf347c-3ade-4904-b040-87d741c545c1" xlink:to="loc_us-gaap_DepreciationAndAmortization_465e2a3a-a377-4552-b159-4152b9aa62ad" xlink:type="arc" preferredLabel="http://www.xbrl.org/2009/role/negatedTerseLabel"/>
    <link:loc xlink:type="locator" xlink:label="loc_frt_GainOnSaleOfRealEstate_5db4fdf5-2b08-465a-a3f6-75f0e11b0d69" xlink:href="frt-20250331.xsd#frt_GainOnSaleOfRealEstate"/>
    <link:presentationArc order="5" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaap_AccountingPoliciesAbstract_7eaf347c-3ade-4904-b040-87d741c545c1" xlink:to="loc_frt_GainOnSaleOfRealEstate_5db4fdf5-2b08-465a-a3f6-75f0e11b0d69" xlink:type="arc" preferredLabel="http://www.xbrl.org/2003/role/terseLabel"/>
    <link:loc xlink:type="locator" xlink:label="loc_us-gaap_InterestIncomeOther_b6789681-d129-4875-ae28-e3b16da130d2" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_InterestIncomeOther"/>
    <link:presentationArc order="6" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaap_AccountingPoliciesAbstract_7eaf347c-3ade-4904-b040-87d741c545c1" xlink:to="loc_us-gaap_InterestIncomeOther_b6789681-d129-4875-ae28-e3b16da130d2" xlink:type="arc" preferredLabel="http://www.xbrl.org/2003/role/terseLabel"/>
    <link:loc xlink:type="locator" xlink:label="loc_us-gaap_InterestExpense_b2b16167-5929-463a-88da-5ecff9a7b34c" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_InterestExpense"/>
    <link:presentationArc order="7" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaap_AccountingPoliciesAbstract_7eaf347c-3ade-4904-b040-87d741c545c1" xlink:to="loc_us-gaap_InterestExpense_b2b16167-5929-463a-88da-5ecff9a7b34c" xlink:type="arc" preferredLabel="http://www.xbrl.org/2009/role/negatedTerseLabel"/>
    <link:loc xlink:type="locator" xlink:label="loc_us-gaap_IncomeLossFromEquityMethodInvestments_2d312cde-fa98-451d-a6b2-aeca9d15fba6" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_IncomeLossFromEquityMethodInvestments"/>
    <link:presentationArc order="8" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaap_AccountingPoliciesAbstract_7eaf347c-3ade-4904-b040-87d741c545c1" xlink:to="loc_us-gaap_IncomeLossFromEquityMethodInvestments_2d312cde-fa98-451d-a6b2-aeca9d15fba6" xlink:type="arc" preferredLabel="http://www.xbrl.org/2003/role/terseLabel"/>
    <link:loc xlink:type="locator" xlink:label="loc_us-gaap_ProfitLoss_f17a389b-786b-4b43-992a-58f47710a314" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_ProfitLoss"/>
    <link:presentationArc order="9" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaap_AccountingPoliciesAbstract_7eaf347c-3ade-4904-b040-87d741c545c1" xlink:to="loc_us-gaap_ProfitLoss_f17a389b-786b-4b43-992a-58f47710a314" xlink:type="arc" preferredLabel="http://www.xbrl.org/2003/role/terseLabel"/>
    <link:loc xlink:type="locator" xlink:label="loc_us-gaap_NetIncomeLossAttributableToNoncontrollingInterest_838f163a-7e83-40a8-81e9-d22125ca1ef8" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_NetIncomeLossAttributableToNoncontrollingInterest"/>
    <link:presentationArc order="10" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaap_AccountingPoliciesAbstract_7eaf347c-3ade-4904-b040-87d741c545c1" xlink:to="loc_us-gaap_NetIncomeLossAttributableToNoncontrollingInterest_838f163a-7e83-40a8-81e9-d22125ca1ef8" xlink:type="arc" preferredLabel="http://www.xbrl.org/2009/role/negatedLabel"/>
    <link:loc xlink:type="locator" xlink:label="loc_us-gaap_NetIncomeLoss_f6310b9a-f04a-40b9-93df-180a4f2357de" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_NetIncomeLoss"/>
    <link:presentationArc order="11" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaap_AccountingPoliciesAbstract_7eaf347c-3ade-4904-b040-87d741c545c1" xlink:to="loc_us-gaap_NetIncomeLoss_f6310b9a-f04a-40b9-93df-180a4f2357de" xlink:type="arc" preferredLabel="http://www.xbrl.org/2003/role/terseLabel"/>
  </link:presentationLink>
  <link:roleRef roleURI="http://www.federalrealty.com/role/SummaryOfSignificantAccountingPoliciesConsolidatedStatementofCashFlowsSupplementalDisclosuresDetails" xlink:type="simple" xlink:href="frt-20250331.xsd#SummaryOfSignificantAccountingPoliciesConsolidatedStatementofCashFlowsSupplementalDisclosuresDetails"/>
  <link:presentationLink xlink:role="http://www.federalrealty.com/role/SummaryOfSignificantAccountingPoliciesConsolidatedStatementofCashFlowsSupplementalDisclosuresDetails" xlink:type="extended">
    <link:loc xlink:type="locator" xlink:label="loc_us-gaap_AccountingPoliciesAbstract_a43ba43f-d4c2-4540-a6da-5d04e12c78af" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_AccountingPoliciesAbstract"/>
    <link:loc xlink:type="locator" xlink:label="loc_us-gaap_InterestCostsIncurred_db55093e-4da9-40c8-add6-57009dd63b52" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_InterestCostsIncurred"/>
    <link:presentationArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaap_AccountingPoliciesAbstract_a43ba43f-d4c2-4540-a6da-5d04e12c78af" xlink:to="loc_us-gaap_InterestCostsIncurred_db55093e-4da9-40c8-add6-57009dd63b52" xlink:type="arc" preferredLabel="http://www.xbrl.org/2003/role/terseLabel"/>
    <link:loc xlink:type="locator" xlink:label="loc_us-gaap_InterestCostsCapitalizedAdjustment_95d9e7d9-77dd-4bb2-88df-018190880d5e" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_InterestCostsCapitalizedAdjustment"/>
    <link:presentationArc order="2" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaap_AccountingPoliciesAbstract_a43ba43f-d4c2-4540-a6da-5d04e12c78af" xlink:to="loc_us-gaap_InterestCostsCapitalizedAdjustment_95d9e7d9-77dd-4bb2-88df-018190880d5e" xlink:type="arc" preferredLabel="http://www.xbrl.org/2009/role/negatedTerseLabel"/>
    <link:loc xlink:type="locator" xlink:label="loc_us-gaap_InterestExpense_2a1d9f8a-9ba1-47ad-bd8b-eb3aa9b06329" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_InterestExpense"/>
    <link:presentationArc order="3" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaap_AccountingPoliciesAbstract_a43ba43f-d4c2-4540-a6da-5d04e12c78af" xlink:to="loc_us-gaap_InterestExpense_2a1d9f8a-9ba1-47ad-bd8b-eb3aa9b06329" xlink:type="arc" preferredLabel="http://www.xbrl.org/2003/role/totalLabel"/>
    <link:loc xlink:type="locator" xlink:label="loc_us-gaap_InterestPaidNet_d9ca8f70-5fd5-4a14-83a8-e29481af5f5d" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_InterestPaidNet"/>
    <link:presentationArc order="4" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaap_AccountingPoliciesAbstract_a43ba43f-d4c2-4540-a6da-5d04e12c78af" xlink:to="loc_us-gaap_InterestPaidNet_d9ca8f70-5fd5-4a14-83a8-e29481af5f5d" xlink:type="arc" preferredLabel="http://www.xbrl.org/2003/role/verboseLabel"/>
    <link:loc xlink:type="locator" xlink:label="loc_us-gaap_IncomeTaxesPaidNet_ecf1ea65-7fd3-4a4b-a932-5ce5e549d6c6" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_IncomeTaxesPaidNet"/>
    <link:presentationArc order="5" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaap_AccountingPoliciesAbstract_a43ba43f-d4c2-4540-a6da-5d04e12c78af" xlink:to="loc_us-gaap_IncomeTaxesPaidNet_ecf1ea65-7fd3-4a4b-a932-5ce5e549d6c6" xlink:type="arc" preferredLabel="http://www.xbrl.org/2003/role/terseLabel"/>
    <link:loc xlink:type="locator" xlink:label="loc_frt_DividendsReinvestedInNoncashFinancingTransaction_08281245-c813-49ed-8ab1-47a39e533f16" xlink:href="frt-20250331.xsd#frt_DividendsReinvestedInNoncashFinancingTransaction"/>
    <link:presentationArc order="6" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaap_AccountingPoliciesAbstract_a43ba43f-d4c2-4540-a6da-5d04e12c78af" xlink:to="loc_frt_DividendsReinvestedInNoncashFinancingTransaction_08281245-c813-49ed-8ab1-47a39e533f16" xlink:type="arc" preferredLabel="http://www.xbrl.org/2003/role/terseLabel"/>
    <link:loc xlink:type="locator" xlink:label="loc_frt_RedemptionofdownREIToperatingpartnershipunitsforcommonshares_29e86511-93a9-4694-82b3-4320c5ae8e20" xlink:href="frt-20250331.xsd#frt_RedemptionofdownREIToperatingpartnershipunitsforcommonshares"/>
    <link:presentationArc order="7" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaap_AccountingPoliciesAbstract_a43ba43f-d4c2-4540-a6da-5d04e12c78af" xlink:to="loc_frt_RedemptionofdownREIToperatingpartnershipunitsforcommonshares_29e86511-93a9-4694-82b3-4320c5ae8e20" xlink:type="arc" preferredLabel="http://www.xbrl.org/2003/role/terseLabel"/>
  </link:presentationLink>
  <link:roleRef roleURI="http://www.federalrealty.com/role/SummaryOfSignificantAccountingPoliciesConsolidatedStatementofCashFlowsReconciliationofCashCashEquivalentsandRestrictedCashDetails" xlink:type="simple" xlink:href="frt-20250331.xsd#SummaryOfSignificantAccountingPoliciesConsolidatedStatementofCashFlowsReconciliationofCashCashEquivalentsandRestrictedCashDetails"/>
  <link:presentationLink xlink:role="http://www.federalrealty.com/role/SummaryOfSignificantAccountingPoliciesConsolidatedStatementofCashFlowsReconciliationofCashCashEquivalentsandRestrictedCashDetails" xlink:type="extended">
    <link:loc xlink:type="locator" xlink:label="loc_us-gaap_CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsAbstract_205b2c8e-b7a2-41b3-b3ed-60a3f5a339c4" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsAbstract"/>
    <link:loc xlink:type="locator" xlink:label="loc_us-gaap_CashAndCashEquivalentsAtCarryingValue_a394aefe-be60-4884-b91f-3d15939117b1" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_CashAndCashEquivalentsAtCarryingValue"/>
    <link:presentationArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaap_CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsAbstract_205b2c8e-b7a2-41b3-b3ed-60a3f5a339c4" xlink:to="loc_us-gaap_CashAndCashEquivalentsAtCarryingValue_a394aefe-be60-4884-b91f-3d15939117b1" xlink:type="arc" preferredLabel="http://www.xbrl.org/2003/role/terseLabel"/>
    <link:loc xlink:type="locator" xlink:label="loc_us-gaap_RestrictedCashAndCashEquivalents_2a27f164-3680-4aaa-9f06-666e08ce54ca" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_RestrictedCashAndCashEquivalents"/>
    <link:presentationArc order="2" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaap_CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsAbstract_205b2c8e-b7a2-41b3-b3ed-60a3f5a339c4" xlink:to="loc_us-gaap_RestrictedCashAndCashEquivalents_2a27f164-3680-4aaa-9f06-666e08ce54ca" xlink:type="arc" preferredLabel="http://www.xbrl.org/2003/role/terseLabel"/>
    <link:loc xlink:type="locator" xlink:label="loc_us-gaap_CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents_03cbcdf6-a031-4630-9541-49b3b1298fee" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents"/>
    <link:presentationArc order="3" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaap_CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsAbstract_205b2c8e-b7a2-41b3-b3ed-60a3f5a339c4" xlink:to="loc_us-gaap_CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents_03cbcdf6-a031-4630-9541-49b3b1298fee" xlink:type="arc" preferredLabel="http://www.xbrl.org/2003/role/terseLabel"/>
  </link:presentationLink>
  <link:roleRef roleURI="http://www.federalrealty.com/role/RealEstateSignificantAcquisitionandDispositionDetails" xlink:type="simple" xlink:href="frt-20250331.xsd#RealEstateSignificantAcquisitionandDispositionDetails"/>
  <link:presentationLink xlink:role="http://www.federalrealty.com/role/RealEstateSignificantAcquisitionandDispositionDetails" xlink:type="extended">
    <link:loc xlink:type="locator" xlink:label="loc_us-gaap_RealEstateAbstract_244df53f-c122-4a9e-b591-3fb713a1fc0c" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_RealEstateAbstract"/>
    <link:loc xlink:type="locator" xlink:label="loc_us-gaap_ScheduleOfBusinessAcquisitionsByAcquisitionTable_67f08007-d39b-4b94-874a-c528b52891b3" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_ScheduleOfBusinessAcquisitionsByAcquisitionTable"/>
    <link:presentationArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaap_RealEstateAbstract_244df53f-c122-4a9e-b591-3fb713a1fc0c" xlink:to="loc_us-gaap_ScheduleOfBusinessAcquisitionsByAcquisitionTable_67f08007-d39b-4b94-874a-c528b52891b3" xlink:type="arc" preferredLabel="http://www.xbrl.org/2003/role/terseLabel"/>
    <link:loc xlink:type="locator" xlink:label="loc_srt_RealEstateAndAccumulatedDepreciationDescriptionOfPropertyAxis_7387180b-5614-41ca-8a0f-3c66fa0f8a74" xlink:href="https://xbrl.fasb.org/srt/2025/elts/srt-2025.xsd#srt_RealEstateAndAccumulatedDepreciationDescriptionOfPropertyAxis"/>
    <link:presentationArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaap_ScheduleOfBusinessAcquisitionsByAcquisitionTable_67f08007-d39b-4b94-874a-c528b52891b3" xlink:to="loc_srt_RealEstateAndAccumulatedDepreciationDescriptionOfPropertyAxis_7387180b-5614-41ca-8a0f-3c66fa0f8a74" xlink:type="arc" preferredLabel="http://www.xbrl.org/2003/role/terseLabel"/>
    <link:loc xlink:type="locator" xlink:label="loc_srt_RealEstateAndAccumulatedDepreciationNameOfPropertyDomain_4592213c-64bb-4c79-9f66-d4efd30c8a16" xlink:href="https://xbrl.fasb.org/srt/2025/elts/srt-2025.xsd#srt_RealEstateAndAccumulatedDepreciationNameOfPropertyDomain"/>
    <link:presentationArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_srt_RealEstateAndAccumulatedDepreciationDescriptionOfPropertyAxis_7387180b-5614-41ca-8a0f-3c66fa0f8a74" xlink:to="loc_srt_RealEstateAndAccumulatedDepreciationNameOfPropertyDomain_4592213c-64bb-4c79-9f66-d4efd30c8a16" xlink:type="arc" preferredLabel="http://www.xbrl.org/2003/role/terseLabel"/>
    <link:loc xlink:type="locator" xlink:label="loc_frt_DelMonteShoppingCenterMember_472d704f-99db-462a-b9a8-23e7cce00bd1" xlink:href="frt-20250331.xsd#frt_DelMonteShoppingCenterMember"/>
    <link:presentationArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_srt_RealEstateAndAccumulatedDepreciationNameOfPropertyDomain_4592213c-64bb-4c79-9f66-d4efd30c8a16" xlink:to="loc_frt_DelMonteShoppingCenterMember_472d704f-99db-462a-b9a8-23e7cce00bd1" xlink:type="arc" preferredLabel="http://www.xbrl.org/2003/role/terseLabel"/>
    <link:loc xlink:type="locator" xlink:label="loc_frt_APortionOfWhiteMarshOtherMember_4f69c249-d334-4272-8584-538918aa1624" xlink:href="frt-20250331.xsd#frt_APortionOfWhiteMarshOtherMember"/>
    <link:presentationArc order="2" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_srt_RealEstateAndAccumulatedDepreciationNameOfPropertyDomain_4592213c-64bb-4c79-9f66-d4efd30c8a16" xlink:to="loc_frt_APortionOfWhiteMarshOtherMember_4f69c249-d334-4272-8584-538918aa1624" xlink:type="arc" preferredLabel="http://www.xbrl.org/2003/role/terseLabel"/>
    <link:loc xlink:type="locator" xlink:label="loc_us-gaap_StatementOfFinancialPositionLocationActivityCapitalizationAxis_97d813ca-36b4-4ecb-9e41-8b535ed02f17" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_StatementOfFinancialPositionLocationActivityCapitalizationAxis"/>
    <link:presentationArc order="2" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaap_ScheduleOfBusinessAcquisitionsByAcquisitionTable_67f08007-d39b-4b94-874a-c528b52891b3" xlink:to="loc_us-gaap_StatementOfFinancialPositionLocationActivityCapitalizationAxis_97d813ca-36b4-4ecb-9e41-8b535ed02f17" xlink:type="arc" preferredLabel="http://www.xbrl.org/2003/role/terseLabel"/>
    <link:loc xlink:type="locator" xlink:label="loc_us-gaap_StatementOfFinancialPositionLocationActivityCapitalizationDomain_a54c564a-820e-4c61-90c2-bb496f197e30" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_StatementOfFinancialPositionLocationActivityCapitalizationDomain"/>
    <link:presentationArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaap_StatementOfFinancialPositionLocationActivityCapitalizationAxis_97d813ca-36b4-4ecb-9e41-8b535ed02f17" xlink:to="loc_us-gaap_StatementOfFinancialPositionLocationActivityCapitalizationDomain_a54c564a-820e-4c61-90c2-bb496f197e30" xlink:type="arc" preferredLabel="http://www.xbrl.org/2003/role/terseLabel"/>
    <link:loc xlink:type="locator" xlink:label="loc_us-gaap_OtherAssetsMember_2bd1a295-04fe-46c2-9fe9-616439b08c0e" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_OtherAssetsMember"/>
    <link:presentationArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaap_StatementOfFinancialPositionLocationActivityCapitalizationDomain_a54c564a-820e-4c61-90c2-bb496f197e30" xlink:to="loc_us-gaap_OtherAssetsMember_2bd1a295-04fe-46c2-9fe9-616439b08c0e" xlink:type="arc" preferredLabel="http://www.xbrl.org/2003/role/terseLabel"/>
    <link:loc xlink:type="locator" xlink:label="loc_us-gaap_OtherLiabilitiesMember_da8c2445-ca01-48bd-acfc-b53eb7817f4d" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_OtherLiabilitiesMember"/>
    <link:presentationArc order="2" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaap_StatementOfFinancialPositionLocationActivityCapitalizationDomain_a54c564a-820e-4c61-90c2-bb496f197e30" xlink:to="loc_us-gaap_OtherLiabilitiesMember_da8c2445-ca01-48bd-acfc-b53eb7817f4d" xlink:type="arc" preferredLabel="http://www.xbrl.org/2003/role/terseLabel"/>
    <link:loc xlink:type="locator" xlink:label="loc_us-gaap_FiniteLivedIntangibleAssetsByMajorClassAxis_749121d4-4a77-4036-8199-ea048613847a" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_FiniteLivedIntangibleAssetsByMajorClassAxis"/>
    <link:presentationArc order="3" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaap_ScheduleOfBusinessAcquisitionsByAcquisitionTable_67f08007-d39b-4b94-874a-c528b52891b3" xlink:to="loc_us-gaap_FiniteLivedIntangibleAssetsByMajorClassAxis_749121d4-4a77-4036-8199-ea048613847a" xlink:type="arc" preferredLabel="http://www.xbrl.org/2003/role/terseLabel"/>
    <link:loc xlink:type="locator" xlink:label="loc_us-gaap_FiniteLivedIntangibleAssetsMajorClassNameDomain_048262fd-a2c3-4aba-a69e-54a4471078a9" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_FiniteLivedIntangibleAssetsMajorClassNameDomain"/>
    <link:presentationArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaap_FiniteLivedIntangibleAssetsByMajorClassAxis_749121d4-4a77-4036-8199-ea048613847a" xlink:to="loc_us-gaap_FiniteLivedIntangibleAssetsMajorClassNameDomain_048262fd-a2c3-4aba-a69e-54a4471078a9" xlink:type="arc" preferredLabel="http://www.xbrl.org/2003/role/terseLabel"/>
    <link:loc xlink:type="locator" xlink:label="loc_us-gaap_LeasesAcquiredInPlaceMember_0bcaa8b3-9603-48ba-90ad-23d0c4dc99d8" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_LeasesAcquiredInPlaceMember"/>
    <link:presentationArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaap_FiniteLivedIntangibleAssetsMajorClassNameDomain_048262fd-a2c3-4aba-a69e-54a4471078a9" xlink:to="loc_us-gaap_LeasesAcquiredInPlaceMember_0bcaa8b3-9603-48ba-90ad-23d0c4dc99d8" xlink:type="arc" preferredLabel="http://www.xbrl.org/2003/role/terseLabel"/>
    <link:loc xlink:type="locator" xlink:label="loc_us-gaap_AboveMarketLeasesMember_606c4d5b-e203-4fc4-a013-2f5b5196ed80" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_AboveMarketLeasesMember"/>
    <link:presentationArc order="2" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaap_FiniteLivedIntangibleAssetsMajorClassNameDomain_048262fd-a2c3-4aba-a69e-54a4471078a9" xlink:to="loc_us-gaap_AboveMarketLeasesMember_606c4d5b-e203-4fc4-a013-2f5b5196ed80" xlink:type="arc" preferredLabel="http://www.xbrl.org/2003/role/terseLabel"/>
    <link:loc xlink:type="locator" xlink:label="loc_us-gaap_BusinessAcquisitionLineItems_c1090d46-597f-4edf-be47-41616e65a426" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_BusinessAcquisitionLineItems"/>
    <link:presentationArc order="4" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaap_ScheduleOfBusinessAcquisitionsByAcquisitionTable_67f08007-d39b-4b94-874a-c528b52891b3" xlink:to="loc_us-gaap_BusinessAcquisitionLineItems_c1090d46-597f-4edf-be47-41616e65a426" xlink:type="arc" preferredLabel="http://www.xbrl.org/2003/role/terseLabel"/>
    <link:loc xlink:type="locator" xlink:label="loc_us-gaap_AreaOfRealEstateProperty_567f138f-15bc-49d1-909f-e0fb536e294e" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_AreaOfRealEstateProperty"/>
    <link:presentationArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaap_BusinessAcquisitionLineItems_c1090d46-597f-4edf-be47-41616e65a426" xlink:to="loc_us-gaap_AreaOfRealEstateProperty_567f138f-15bc-49d1-909f-e0fb536e294e" xlink:type="arc" preferredLabel="http://www.xbrl.org/2003/role/terseLabel"/>
    <link:loc xlink:type="locator" xlink:label="loc_frt_PurchasePriceOfFeeInterestInRealEstate_ef3d3f13-2ff8-48b5-9b2f-b4672f294da4" xlink:href="frt-20250331.xsd#frt_PurchasePriceOfFeeInterestInRealEstate"/>
    <link:presentationArc order="2" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaap_BusinessAcquisitionLineItems_c1090d46-597f-4edf-be47-41616e65a426" xlink:to="loc_frt_PurchasePriceOfFeeInterestInRealEstate_ef3d3f13-2ff8-48b5-9b2f-b4672f294da4" xlink:type="arc" preferredLabel="http://www.xbrl.org/2003/role/terseLabel"/>
    <link:loc xlink:type="locator" xlink:label="loc_frt_AcquiredLeaseCosts_73e5e5e8-0d96-4542-98a9-45942fd7b734" xlink:href="frt-20250331.xsd#frt_AcquiredLeaseCosts"/>
    <link:presentationArc order="3" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaap_BusinessAcquisitionLineItems_c1090d46-597f-4edf-be47-41616e65a426" xlink:to="loc_frt_AcquiredLeaseCosts_73e5e5e8-0d96-4542-98a9-45942fd7b734" xlink:type="arc" preferredLabel="http://www.xbrl.org/2003/role/terseLabel"/>
    <link:loc xlink:type="locator" xlink:label="loc_us-gaap_FinitelivedIntangibleAssetsAcquired1_64b08a04-d570-493d-81e8-8f63e0910808" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_FinitelivedIntangibleAssetsAcquired1"/>
    <link:presentationArc order="4" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaap_BusinessAcquisitionLineItems_c1090d46-597f-4edf-be47-41616e65a426" xlink:to="loc_us-gaap_FinitelivedIntangibleAssetsAcquired1_64b08a04-d570-493d-81e8-8f63e0910808" xlink:type="arc" preferredLabel="http://www.xbrl.org/2003/role/terseLabel"/>
    <link:loc xlink:type="locator" xlink:label="loc_us-gaap_BelowMarketLeaseAcquired_dac82172-3df7-40b5-a1a7-81d87aeac06b" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_BelowMarketLeaseAcquired"/>
    <link:presentationArc order="5" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaap_BusinessAcquisitionLineItems_c1090d46-597f-4edf-be47-41616e65a426" xlink:to="loc_us-gaap_BelowMarketLeaseAcquired_dac82172-3df7-40b5-a1a7-81d87aeac06b" xlink:type="arc" preferredLabel="http://www.xbrl.org/2003/role/terseLabel"/>
    <link:loc xlink:type="locator" xlink:label="loc_frt_Salespriceofrealestate_8df128d2-7e8a-4f52-8ddf-136724274862" xlink:href="frt-20250331.xsd#frt_Salespriceofrealestate"/>
    <link:presentationArc order="6" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaap_BusinessAcquisitionLineItems_c1090d46-597f-4edf-be47-41616e65a426" xlink:to="loc_frt_Salespriceofrealestate_8df128d2-7e8a-4f52-8ddf-136724274862" xlink:type="arc" preferredLabel="http://www.xbrl.org/2003/role/terseLabel"/>
  </link:presentationLink>
  <link:roleRef roleURI="http://www.federalrealty.com/role/DebtDetails" xlink:type="simple" xlink:href="frt-20250331.xsd#DebtDetails"/>
  <link:presentationLink xlink:role="http://www.federalrealty.com/role/DebtDetails" xlink:type="extended">
    <link:loc xlink:type="locator" xlink:label="loc_us-gaap_DebtInstrumentsAbstract_63d57d8e-c59f-4c67-bc76-6a09eb8aed9f" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_DebtInstrumentsAbstract"/>
    <link:loc xlink:type="locator" xlink:label="loc_us-gaap_DebtInstrumentTable_217916ad-c7d1-4759-b86f-c7e8b10ee995" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_DebtInstrumentTable"/>
    <link:presentationArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaap_DebtInstrumentsAbstract_63d57d8e-c59f-4c67-bc76-6a09eb8aed9f" xlink:to="loc_us-gaap_DebtInstrumentTable_217916ad-c7d1-4759-b86f-c7e8b10ee995" xlink:type="arc" preferredLabel="http://www.xbrl.org/2003/role/terseLabel"/>
    <link:loc xlink:type="locator" xlink:label="loc_us-gaap_DebtInstrumentAxis_9fc8d37b-1fd9-4c07-8488-2f3713bc7974" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_DebtInstrumentAxis"/>
    <link:presentationArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaap_DebtInstrumentTable_217916ad-c7d1-4759-b86f-c7e8b10ee995" xlink:to="loc_us-gaap_DebtInstrumentAxis_9fc8d37b-1fd9-4c07-8488-2f3713bc7974" xlink:type="arc" preferredLabel="http://www.xbrl.org/2003/role/terseLabel"/>
    <link:loc xlink:type="locator" xlink:label="loc_us-gaap_DebtInstrumentNameDomain_7d8e6060-a84d-4c5b-9121-38247f8494d6" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_DebtInstrumentNameDomain"/>
    <link:presentationArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaap_DebtInstrumentAxis_9fc8d37b-1fd9-4c07-8488-2f3713bc7974" xlink:to="loc_us-gaap_DebtInstrumentNameDomain_7d8e6060-a84d-4c5b-9121-38247f8494d6" xlink:type="arc" preferredLabel="http://www.xbrl.org/2003/role/terseLabel"/>
    <link:loc xlink:type="locator" xlink:label="loc_frt_HobokenMember_9fc83e5d-1552-4d9a-83b6-5edc78bf492d" xlink:href="frt-20250331.xsd#frt_HobokenMember"/>
    <link:presentationArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaap_DebtInstrumentNameDomain_7d8e6060-a84d-4c5b-9121-38247f8494d6" xlink:to="loc_frt_HobokenMember_9fc83e5d-1552-4d9a-83b6-5edc78bf492d" xlink:type="arc" preferredLabel="http://www.xbrl.org/2003/role/terseLabel"/>
    <link:loc xlink:type="locator" xlink:label="loc_us-gaap_RevolvingCreditFacilityMember_5055af8c-55a5-4e69-bb14-37c9a8ec4699" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_RevolvingCreditFacilityMember"/>
    <link:presentationArc order="2" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaap_DebtInstrumentNameDomain_7d8e6060-a84d-4c5b-9121-38247f8494d6" xlink:to="loc_us-gaap_RevolvingCreditFacilityMember_5055af8c-55a5-4e69-bb14-37c9a8ec4699" xlink:type="arc" preferredLabel="http://www.xbrl.org/2003/role/terseLabel"/>
    <link:loc xlink:type="locator" xlink:label="loc_frt_Senior3Point25PercentNotesMember_63d07d89-1d86-4da3-93c3-75c951f25332" xlink:href="frt-20250331.xsd#frt_Senior3Point25PercentNotesMember"/>
    <link:presentationArc order="3" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaap_DebtInstrumentNameDomain_7d8e6060-a84d-4c5b-9121-38247f8494d6" xlink:to="loc_frt_Senior3Point25PercentNotesMember_63d07d89-1d86-4da3-93c3-75c951f25332" xlink:type="arc" preferredLabel="http://www.xbrl.org/2003/role/terseLabel"/>
    <link:loc xlink:type="locator" xlink:label="loc_us-gaap_LongtermDebtTypeAxis_eb1a3f28-9a8e-44d9-9ef6-57de333e39df" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_LongtermDebtTypeAxis"/>
    <link:presentationArc order="2" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaap_DebtInstrumentTable_217916ad-c7d1-4759-b86f-c7e8b10ee995" xlink:to="loc_us-gaap_LongtermDebtTypeAxis_eb1a3f28-9a8e-44d9-9ef6-57de333e39df" xlink:type="arc" preferredLabel="http://www.xbrl.org/2003/role/terseLabel"/>
    <link:loc xlink:type="locator" xlink:label="loc_us-gaap_LongtermDebtTypeDomain_03590399-d9f4-4918-950a-d4a52dc1e20f" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_LongtermDebtTypeDomain"/>
    <link:presentationArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaap_LongtermDebtTypeAxis_eb1a3f28-9a8e-44d9-9ef6-57de333e39df" xlink:to="loc_us-gaap_LongtermDebtTypeDomain_03590399-d9f4-4918-950a-d4a52dc1e20f" xlink:type="arc" preferredLabel="http://www.xbrl.org/2003/role/terseLabel"/>
    <link:loc xlink:type="locator" xlink:label="loc_us-gaap_SecuredDebtMember_03d00a50-040f-4450-8be7-762ce3fb32b9" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_SecuredDebtMember"/>
    <link:presentationArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaap_LongtermDebtTypeDomain_03590399-d9f4-4918-950a-d4a52dc1e20f" xlink:to="loc_us-gaap_SecuredDebtMember_03d00a50-040f-4450-8be7-762ce3fb32b9" xlink:type="arc" preferredLabel="http://www.xbrl.org/2003/role/terseLabel"/>
    <link:loc xlink:type="locator" xlink:label="loc_frt_TermloanMember_302baab0-812f-4c2b-b53f-e3cad78803b2" xlink:href="frt-20250331.xsd#frt_TermloanMember"/>
    <link:presentationArc order="2" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaap_LongtermDebtTypeDomain_03590399-d9f4-4918-950a-d4a52dc1e20f" xlink:to="loc_frt_TermloanMember_302baab0-812f-4c2b-b53f-e3cad78803b2" xlink:type="arc" preferredLabel="http://www.xbrl.org/2003/role/terseLabel"/>
    <link:loc xlink:type="locator" xlink:label="loc_us-gaap_ConvertibleDebtMember_270bda7d-1cac-47c3-a76d-67d2af59a60b" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_ConvertibleDebtMember"/>
    <link:presentationArc order="3" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaap_LongtermDebtTypeDomain_03590399-d9f4-4918-950a-d4a52dc1e20f" xlink:to="loc_us-gaap_ConvertibleDebtMember_270bda7d-1cac-47c3-a76d-67d2af59a60b" xlink:type="arc" preferredLabel="http://www.xbrl.org/2003/role/terseLabel"/>
    <link:loc xlink:type="locator" xlink:label="loc_us-gaap_SubsequentEventTypeAxis_1f752e05-6d4f-490c-9535-1ad95bea8cac" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_SubsequentEventTypeAxis"/>
    <link:presentationArc order="3" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaap_DebtInstrumentTable_217916ad-c7d1-4759-b86f-c7e8b10ee995" xlink:to="loc_us-gaap_SubsequentEventTypeAxis_1f752e05-6d4f-490c-9535-1ad95bea8cac" xlink:type="arc" preferredLabel="http://www.xbrl.org/2003/role/terseLabel"/>
    <link:loc xlink:type="locator" xlink:label="loc_us-gaap_SubsequentEventTypeDomain_3fbb3850-860b-4915-b3d7-1e4b01a4d48b" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_SubsequentEventTypeDomain"/>
    <link:presentationArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaap_SubsequentEventTypeAxis_1f752e05-6d4f-490c-9535-1ad95bea8cac" xlink:to="loc_us-gaap_SubsequentEventTypeDomain_3fbb3850-860b-4915-b3d7-1e4b01a4d48b" xlink:type="arc" preferredLabel="http://www.xbrl.org/2003/role/terseLabel"/>
    <link:loc xlink:type="locator" xlink:label="loc_us-gaap_SubsequentEventMember_7f30f3dc-cf02-4bc9-9e07-d06672ba26c9" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_SubsequentEventMember"/>
    <link:presentationArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaap_SubsequentEventTypeDomain_3fbb3850-860b-4915-b3d7-1e4b01a4d48b" xlink:to="loc_us-gaap_SubsequentEventMember_7f30f3dc-cf02-4bc9-9e07-d06672ba26c9" xlink:type="arc" preferredLabel="http://www.xbrl.org/2003/role/terseLabel"/>
    <link:loc xlink:type="locator" xlink:label="loc_us-gaap_DebtConversionByUniqueDescriptionAxis_433ad3cf-0fe2-4c04-aa3f-177980f798d1" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_DebtConversionByUniqueDescriptionAxis"/>
    <link:presentationArc order="4" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaap_DebtInstrumentTable_217916ad-c7d1-4759-b86f-c7e8b10ee995" xlink:to="loc_us-gaap_DebtConversionByUniqueDescriptionAxis_433ad3cf-0fe2-4c04-aa3f-177980f798d1" xlink:type="arc" preferredLabel="http://www.xbrl.org/2003/role/terseLabel"/>
    <link:loc xlink:type="locator" xlink:label="loc_us-gaap_DebtConversionNameDomain_e18b793a-0e1e-4d61-a93f-5e3769f6b52d" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_DebtConversionNameDomain"/>
    <link:presentationArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaap_DebtConversionByUniqueDescriptionAxis_433ad3cf-0fe2-4c04-aa3f-177980f798d1" xlink:to="loc_us-gaap_DebtConversionNameDomain_e18b793a-0e1e-4d61-a93f-5e3769f6b52d" xlink:type="arc" preferredLabel="http://www.xbrl.org/2003/role/terseLabel"/>
    <link:loc xlink:type="locator" xlink:label="loc_frt_Per1000PrincipalAmountMember_07257c1c-f2fb-43c8-916c-9ea983922749" xlink:href="frt-20250331.xsd#frt_Per1000PrincipalAmountMember"/>
    <link:presentationArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaap_DebtConversionNameDomain_e18b793a-0e1e-4d61-a93f-5e3769f6b52d" xlink:to="loc_frt_Per1000PrincipalAmountMember_07257c1c-f2fb-43c8-916c-9ea983922749" xlink:type="arc" preferredLabel="http://www.xbrl.org/2003/role/terseLabel"/>
    <link:loc xlink:type="locator" xlink:label="loc_us-gaap_OptionIndexedToIssuersEquityTypeAxis_0142f340-8c10-4686-9b5f-d793e10a91e0" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_OptionIndexedToIssuersEquityTypeAxis"/>
    <link:presentationArc order="5" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaap_DebtInstrumentTable_217916ad-c7d1-4759-b86f-c7e8b10ee995" xlink:to="loc_us-gaap_OptionIndexedToIssuersEquityTypeAxis_0142f340-8c10-4686-9b5f-d793e10a91e0" xlink:type="arc" preferredLabel="http://www.xbrl.org/2003/role/terseLabel"/>
    <link:loc xlink:type="locator" xlink:label="loc_us-gaap_OptionIndexedToIssuersEquityTypeDomain_7f5d19b2-640f-4cb2-b15d-916bc93dd97f" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_OptionIndexedToIssuersEquityTypeDomain"/>
    <link:presentationArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaap_OptionIndexedToIssuersEquityTypeAxis_0142f340-8c10-4686-9b5f-d793e10a91e0" xlink:to="loc_us-gaap_OptionIndexedToIssuersEquityTypeDomain_7f5d19b2-640f-4cb2-b15d-916bc93dd97f" xlink:type="arc" preferredLabel="http://www.xbrl.org/2003/role/terseLabel"/>
    <link:loc xlink:type="locator" xlink:label="loc_us-gaap_CallOptionMember_e4ffddcb-fff2-4c22-952e-b31f51de68d9" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_CallOptionMember"/>
    <link:presentationArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaap_OptionIndexedToIssuersEquityTypeDomain_7f5d19b2-640f-4cb2-b15d-916bc93dd97f" xlink:to="loc_us-gaap_CallOptionMember_e4ffddcb-fff2-4c22-952e-b31f51de68d9" xlink:type="arc" preferredLabel="http://www.xbrl.org/2003/role/terseLabel"/>
    <link:loc xlink:type="locator" xlink:label="loc_us-gaap_DebtInstrumentLineItems_87654573-887d-4d9f-8564-2512d8da0c52" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_DebtInstrumentLineItems"/>
    <link:presentationArc order="6" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaap_DebtInstrumentTable_217916ad-c7d1-4759-b86f-c7e8b10ee995" xlink:to="loc_us-gaap_DebtInstrumentLineItems_87654573-887d-4d9f-8564-2512d8da0c52" xlink:type="arc" preferredLabel="http://www.xbrl.org/2003/role/terseLabel"/>
    <link:loc xlink:type="locator" xlink:label="loc_us-gaap_RepaymentsOfLongTermDebt_b674bb6b-7d21-4a8d-a16d-8d189a0d7704" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_RepaymentsOfLongTermDebt"/>
    <link:presentationArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaap_DebtInstrumentLineItems_87654573-887d-4d9f-8564-2512d8da0c52" xlink:to="loc_us-gaap_RepaymentsOfLongTermDebt_b674bb6b-7d21-4a8d-a16d-8d189a0d7704" xlink:type="arc" preferredLabel="http://www.xbrl.org/2003/role/terseLabel"/>
    <link:loc xlink:type="locator" xlink:label="loc_us-gaap_OtherNotesPayable_b2e9154e-d0e9-4238-9bbc-2c2b0d8e975b" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_OtherNotesPayable"/>
    <link:presentationArc order="2" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaap_DebtInstrumentLineItems_87654573-887d-4d9f-8564-2512d8da0c52" xlink:to="loc_us-gaap_OtherNotesPayable_b2e9154e-d0e9-4238-9bbc-2c2b0d8e975b" xlink:type="arc" preferredLabel="http://www.xbrl.org/2003/role/terseLabel"/>
    <link:loc xlink:type="locator" xlink:label="loc_us-gaap_DebtInstrumentUnusedBorrowingCapacityAmount_49d57dcc-155c-4896-8b13-4321f803ea96" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_DebtInstrumentUnusedBorrowingCapacityAmount"/>
    <link:presentationArc order="3" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaap_DebtInstrumentLineItems_87654573-887d-4d9f-8564-2512d8da0c52" xlink:to="loc_us-gaap_DebtInstrumentUnusedBorrowingCapacityAmount_49d57dcc-155c-4896-8b13-4321f803ea96" xlink:type="arc" preferredLabel="http://www.xbrl.org/2003/role/terseLabel"/>
    <link:loc xlink:type="locator" xlink:label="loc_frt_AggregateMaximumBorrowingCapacityUnderAccordionFeature_59741b65-348d-45a4-b654-15f70b4869d2" xlink:href="frt-20250331.xsd#frt_AggregateMaximumBorrowingCapacityUnderAccordionFeature"/>
    <link:presentationArc order="4" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaap_DebtInstrumentLineItems_87654573-887d-4d9f-8564-2512d8da0c52" xlink:to="loc_frt_AggregateMaximumBorrowingCapacityUnderAccordionFeature_59741b65-348d-45a4-b654-15f70b4869d2" xlink:type="arc" preferredLabel="http://www.xbrl.org/2003/role/terseLabel"/>
    <link:loc xlink:type="locator" xlink:label="loc_us-gaap_DeferredFinanceCostsGross_ed84dd04-e802-4a59-a79a-d5347e1dfb74" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_DeferredFinanceCostsGross"/>
    <link:presentationArc order="5" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaap_DebtInstrumentLineItems_87654573-887d-4d9f-8564-2512d8da0c52" xlink:to="loc_us-gaap_DeferredFinanceCostsGross_ed84dd04-e802-4a59-a79a-d5347e1dfb74" xlink:type="arc" preferredLabel="http://www.xbrl.org/2003/role/terseLabel"/>
    <link:loc xlink:type="locator" xlink:label="loc_frt_SpreadAdjustment_555004da-c85c-47f0-8e92-26ad062603ae" xlink:href="frt-20250331.xsd#frt_SpreadAdjustment"/>
    <link:presentationArc order="6" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaap_DebtInstrumentLineItems_87654573-887d-4d9f-8564-2512d8da0c52" xlink:to="loc_frt_SpreadAdjustment_555004da-c85c-47f0-8e92-26ad062603ae" xlink:type="arc" preferredLabel="http://www.xbrl.org/2003/role/terseLabel"/>
    <link:loc xlink:type="locator" xlink:label="loc_us-gaap_LineOfCreditFacilityMaximumBorrowingCapacity_81f763d5-c4d3-4555-a5ae-e05414184eb5" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_LineOfCreditFacilityMaximumBorrowingCapacity"/>
    <link:presentationArc order="7" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaap_DebtInstrumentLineItems_87654573-887d-4d9f-8564-2512d8da0c52" xlink:to="loc_us-gaap_LineOfCreditFacilityMaximumBorrowingCapacity_81f763d5-c4d3-4555-a5ae-e05414184eb5" xlink:type="arc" preferredLabel="http://www.xbrl.org/2003/role/terseLabel"/>
    <link:loc xlink:type="locator" xlink:label="loc_us-gaap_LineOfCreditFacilityMaximumAmountOutstandingDuringPeriod_8e7bd56a-60b9-4fed-b251-245878e8cf4c" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_LineOfCreditFacilityMaximumAmountOutstandingDuringPeriod"/>
    <link:presentationArc order="8" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaap_DebtInstrumentLineItems_87654573-887d-4d9f-8564-2512d8da0c52" xlink:to="loc_us-gaap_LineOfCreditFacilityMaximumAmountOutstandingDuringPeriod_8e7bd56a-60b9-4fed-b251-245878e8cf4c" xlink:type="arc" preferredLabel="http://www.xbrl.org/2003/role/terseLabel"/>
    <link:loc xlink:type="locator" xlink:label="loc_us-gaap_LineOfCreditFacilityAverageOutstandingAmount_b378098f-cd5e-4137-a2de-b0dedc24125f" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_LineOfCreditFacilityAverageOutstandingAmount"/>
    <link:presentationArc order="9" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaap_DebtInstrumentLineItems_87654573-887d-4d9f-8564-2512d8da0c52" xlink:to="loc_us-gaap_LineOfCreditFacilityAverageOutstandingAmount_b378098f-cd5e-4137-a2de-b0dedc24125f" xlink:type="arc" preferredLabel="http://www.xbrl.org/2003/role/terseLabel"/>
    <link:loc xlink:type="locator" xlink:label="loc_frt_LineofcreditfacilityweightedaverageinterestratebeforeamortizationofdebtFees_cbe6c9d0-672f-4aeb-83b7-b87a928a4698" xlink:href="frt-20250331.xsd#frt_LineofcreditfacilityweightedaverageinterestratebeforeamortizationofdebtFees"/>
    <link:presentationArc order="10" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaap_DebtInstrumentLineItems_87654573-887d-4d9f-8564-2512d8da0c52" xlink:to="loc_frt_LineofcreditfacilityweightedaverageinterestratebeforeamortizationofdebtFees_cbe6c9d0-672f-4aeb-83b7-b87a928a4698" xlink:type="arc" preferredLabel="http://www.xbrl.org/2003/role/terseLabel"/>
    <link:loc xlink:type="locator" xlink:label="loc_us-gaap_LineOfCredit_72732f5a-0d2c-4bd8-b04c-96f34f42bd8f" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_LineOfCredit"/>
    <link:presentationArc order="11" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaap_DebtInstrumentLineItems_87654573-887d-4d9f-8564-2512d8da0c52" xlink:to="loc_us-gaap_LineOfCredit_72732f5a-0d2c-4bd8-b04c-96f34f42bd8f" xlink:type="arc" preferredLabel="http://www.xbrl.org/2003/role/terseLabel"/>
    <link:loc xlink:type="locator" xlink:label="loc_us-gaap_ProceedsFromIssuanceOfDebt_19c720bd-f54f-48f1-8a5f-cba55d7b46b4" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_ProceedsFromIssuanceOfDebt"/>
    <link:presentationArc order="12" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaap_DebtInstrumentLineItems_87654573-887d-4d9f-8564-2512d8da0c52" xlink:to="loc_us-gaap_ProceedsFromIssuanceOfDebt_19c720bd-f54f-48f1-8a5f-cba55d7b46b4" xlink:type="arc" preferredLabel="http://www.xbrl.org/2003/role/terseLabel"/>
    <link:loc xlink:type="locator" xlink:label="loc_us-gaap_DebtInstrumentInterestRateStatedPercentage_ce2287bb-0733-441b-9900-1e4b8315a246" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_DebtInstrumentInterestRateStatedPercentage"/>
    <link:presentationArc order="13" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaap_DebtInstrumentLineItems_87654573-887d-4d9f-8564-2512d8da0c52" xlink:to="loc_us-gaap_DebtInstrumentInterestRateStatedPercentage_ce2287bb-0733-441b-9900-1e4b8315a246" xlink:type="arc" preferredLabel="http://www.xbrl.org/2003/role/terseLabel"/>
    <link:loc xlink:type="locator" xlink:label="loc_us-gaap_ProceedsFromDebtNetOfIssuanceCosts_c4f9cd5d-b23e-4999-82d7-cb1fb4fbe7e4" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_ProceedsFromDebtNetOfIssuanceCosts"/>
    <link:presentationArc order="14" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaap_DebtInstrumentLineItems_87654573-887d-4d9f-8564-2512d8da0c52" xlink:to="loc_us-gaap_ProceedsFromDebtNetOfIssuanceCosts_c4f9cd5d-b23e-4999-82d7-cb1fb4fbe7e4" xlink:type="arc" preferredLabel="http://www.xbrl.org/2003/role/terseLabel"/>
    <link:loc xlink:type="locator" xlink:label="loc_us-gaap_InterestExpenseDebt_73f0bfd8-4c1d-48fb-ae98-934b69694744" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_InterestExpenseDebt"/>
    <link:presentationArc order="15" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaap_DebtInstrumentLineItems_87654573-887d-4d9f-8564-2512d8da0c52" xlink:to="loc_us-gaap_InterestExpenseDebt_73f0bfd8-4c1d-48fb-ae98-934b69694744" xlink:type="arc" preferredLabel="http://www.xbrl.org/2003/role/terseLabel"/>
    <link:loc xlink:type="locator" xlink:label="loc_us-gaap_AmortizationOfFinancingCosts_3b0925a1-d30f-44d4-a583-11201d54533a" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_AmortizationOfFinancingCosts"/>
    <link:presentationArc order="16" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaap_DebtInstrumentLineItems_87654573-887d-4d9f-8564-2512d8da0c52" xlink:to="loc_us-gaap_AmortizationOfFinancingCosts_3b0925a1-d30f-44d4-a583-11201d54533a" xlink:type="arc" preferredLabel="http://www.xbrl.org/2003/role/terseLabel"/>
    <link:loc xlink:type="locator" xlink:label="loc_us-gaap_DebtInstrumentInterestRateEffectivePercentage_d3453846-02e0-4456-9ada-628fee8c7bc6" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_DebtInstrumentInterestRateEffectivePercentage"/>
    <link:presentationArc order="17" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaap_DebtInstrumentLineItems_87654573-887d-4d9f-8564-2512d8da0c52" xlink:to="loc_us-gaap_DebtInstrumentInterestRateEffectivePercentage_d3453846-02e0-4456-9ada-628fee8c7bc6" xlink:type="arc" preferredLabel="http://www.xbrl.org/2003/role/terseLabel"/>
    <link:loc xlink:type="locator" xlink:label="loc_us-gaap_UnamortizedDebtIssuanceExpense_db163ee5-d10a-4bd2-8069-26045727b93b" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_UnamortizedDebtIssuanceExpense"/>
    <link:presentationArc order="18" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaap_DebtInstrumentLineItems_87654573-887d-4d9f-8564-2512d8da0c52" xlink:to="loc_us-gaap_UnamortizedDebtIssuanceExpense_db163ee5-d10a-4bd2-8069-26045727b93b" xlink:type="arc" preferredLabel="http://www.xbrl.org/2003/role/terseLabel"/>
    <link:loc xlink:type="locator" xlink:label="loc_us-gaap_DebtInstrumentConvertibleConversionRatio1_86b434c6-b398-492b-b3bb-aac1f4a59380" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_DebtInstrumentConvertibleConversionRatio1"/>
    <link:presentationArc order="19" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaap_DebtInstrumentLineItems_87654573-887d-4d9f-8564-2512d8da0c52" xlink:to="loc_us-gaap_DebtInstrumentConvertibleConversionRatio1_86b434c6-b398-492b-b3bb-aac1f4a59380" xlink:type="arc" preferredLabel="http://www.xbrl.org/2003/role/terseLabel"/>
    <link:loc xlink:type="locator" xlink:label="loc_us-gaap_DebtConversionConvertedInstrumentAmount1_3a40863e-eaa5-4c7c-9649-8d7c241a970a" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_DebtConversionConvertedInstrumentAmount1"/>
    <link:presentationArc order="20" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaap_DebtInstrumentLineItems_87654573-887d-4d9f-8564-2512d8da0c52" xlink:to="loc_us-gaap_DebtConversionConvertedInstrumentAmount1_3a40863e-eaa5-4c7c-9649-8d7c241a970a" xlink:type="arc" preferredLabel="http://www.xbrl.org/2003/role/terseLabel"/>
    <link:loc xlink:type="locator" xlink:label="loc_us-gaap_DebtInstrumentConvertibleConversionPrice1_46c2972f-22a8-4add-a81d-9fbaeaafd551" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_DebtInstrumentConvertibleConversionPrice1"/>
    <link:presentationArc order="21" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaap_DebtInstrumentLineItems_87654573-887d-4d9f-8564-2512d8da0c52" xlink:to="loc_us-gaap_DebtInstrumentConvertibleConversionPrice1_46c2972f-22a8-4add-a81d-9fbaeaafd551" xlink:type="arc" preferredLabel="http://www.xbrl.org/2003/role/terseLabel"/>
    <link:loc xlink:type="locator" xlink:label="loc_frt_ExchangePremiumPercentage_b868ff46-8e86-467c-9c4f-863baf6c4168" xlink:href="frt-20250331.xsd#frt_ExchangePremiumPercentage"/>
    <link:presentationArc order="22" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaap_DebtInstrumentLineItems_87654573-887d-4d9f-8564-2512d8da0c52" xlink:to="loc_frt_ExchangePremiumPercentage_b868ff46-8e86-467c-9c4f-863baf6c4168" xlink:type="arc" preferredLabel="http://www.xbrl.org/2003/role/terseLabel"/>
    <link:loc xlink:type="locator" xlink:label="loc_us-gaap_SharePrice_e4ad5cd2-c57a-4bbe-83e9-826d47801fd6" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_SharePrice"/>
    <link:presentationArc order="23" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaap_DebtInstrumentLineItems_87654573-887d-4d9f-8564-2512d8da0c52" xlink:to="loc_us-gaap_SharePrice_e4ad5cd2-c57a-4bbe-83e9-826d47801fd6" xlink:type="arc" preferredLabel="http://www.xbrl.org/2003/role/terseLabel"/>
    <link:loc xlink:type="locator" xlink:label="loc_frt_InitialQuarterlyCommonDividend_6faaa469-0470-42da-875b-38403d0a8d70" xlink:href="frt-20250331.xsd#frt_InitialQuarterlyCommonDividend"/>
    <link:presentationArc order="24" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaap_DebtInstrumentLineItems_87654573-887d-4d9f-8564-2512d8da0c52" xlink:to="loc_frt_InitialQuarterlyCommonDividend_6faaa469-0470-42da-875b-38403d0a8d70" xlink:type="arc" preferredLabel="http://www.xbrl.org/2003/role/terseLabel"/>
    <link:loc xlink:type="locator" xlink:label="loc_frt_MinimumRedemptionExchangePrice_f441bf89-2112-4d86-9d08-88c6645eedec" xlink:href="frt-20250331.xsd#frt_MinimumRedemptionExchangePrice"/>
    <link:presentationArc order="25" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaap_DebtInstrumentLineItems_87654573-887d-4d9f-8564-2512d8da0c52" xlink:to="loc_frt_MinimumRedemptionExchangePrice_f441bf89-2112-4d86-9d08-88c6645eedec" xlink:type="arc" preferredLabel="http://www.xbrl.org/2003/role/terseLabel"/>
    <link:loc xlink:type="locator" xlink:label="loc_us-gaap_DebtInstrumentRedemptionPricePercentage_9f4d9ac3-0b8a-4839-824c-e96660e6371e" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_DebtInstrumentRedemptionPricePercentage"/>
    <link:presentationArc order="26" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaap_DebtInstrumentLineItems_87654573-887d-4d9f-8564-2512d8da0c52" xlink:to="loc_us-gaap_DebtInstrumentRedemptionPricePercentage_9f4d9ac3-0b8a-4839-824c-e96660e6371e" xlink:type="arc" preferredLabel="http://www.xbrl.org/2003/role/terseLabel"/>
    <link:loc xlink:type="locator" xlink:label="loc_frt_CappedCallCapSharePrice_9595051e-d6d0-4139-80fb-37a671747119" xlink:href="frt-20250331.xsd#frt_CappedCallCapSharePrice"/>
    <link:presentationArc order="27" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaap_DebtInstrumentLineItems_87654573-887d-4d9f-8564-2512d8da0c52" xlink:to="loc_frt_CappedCallCapSharePrice_9595051e-d6d0-4139-80fb-37a671747119" xlink:type="arc" preferredLabel="http://www.xbrl.org/2003/role/terseLabel"/>
    <link:loc xlink:type="locator" xlink:label="loc_frt_CappedCallPremiumPercentage_362902a9-c8ea-40a0-9049-c088168fcec5" xlink:href="frt-20250331.xsd#frt_CappedCallPremiumPercentage"/>
    <link:presentationArc order="28" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaap_DebtInstrumentLineItems_87654573-887d-4d9f-8564-2512d8da0c52" xlink:to="loc_frt_CappedCallPremiumPercentage_362902a9-c8ea-40a0-9049-c088168fcec5" xlink:type="arc" preferredLabel="http://www.xbrl.org/2003/role/terseLabel"/>
    <link:loc xlink:type="locator" xlink:label="loc_frt_CappedCallPremium_ae41b1f3-c983-4f03-842e-edbaf96374d1" xlink:href="frt-20250331.xsd#frt_CappedCallPremium"/>
    <link:presentationArc order="29" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaap_DebtInstrumentLineItems_87654573-887d-4d9f-8564-2512d8da0c52" xlink:to="loc_frt_CappedCallPremium_ae41b1f3-c983-4f03-842e-edbaf96374d1" xlink:type="arc" preferredLabel="http://www.xbrl.org/2003/role/terseLabel"/>
  </link:presentationLink>
  <link:roleRef roleURI="http://www.federalrealty.com/role/FairValueofFinancialInstrumentsSummaryofCarryingValueandFairValueofFinancialInstrumentsDetails" xlink:type="simple" xlink:href="frt-20250331.xsd#FairValueofFinancialInstrumentsSummaryofCarryingValueandFairValueofFinancialInstrumentsDetails"/>
  <link:presentationLink xlink:role="http://www.federalrealty.com/role/FairValueofFinancialInstrumentsSummaryofCarryingValueandFairValueofFinancialInstrumentsDetails" xlink:type="extended">
    <link:loc xlink:type="locator" xlink:label="loc_us-gaap_FairValueDisclosuresAbstract_89f40c9e-8ac1-407b-b960-336e96fdc150" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_FairValueDisclosuresAbstract"/>
    <link:loc xlink:type="locator" xlink:label="loc_us-gaap_FairValueByBalanceSheetGroupingTable_bb0b1a79-5d6e-4522-b07e-665b48de130b" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_FairValueByBalanceSheetGroupingTable"/>
    <link:presentationArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaap_FairValueDisclosuresAbstract_89f40c9e-8ac1-407b-b960-336e96fdc150" xlink:to="loc_us-gaap_FairValueByBalanceSheetGroupingTable_bb0b1a79-5d6e-4522-b07e-665b48de130b" xlink:type="arc" preferredLabel="http://www.xbrl.org/2003/role/terseLabel"/>
    <link:loc xlink:type="locator" xlink:label="loc_us-gaap_LongtermDebtTypeAxis_3d17885f-a3b2-4e53-8855-7116af041444" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_LongtermDebtTypeAxis"/>
    <link:presentationArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaap_FairValueByBalanceSheetGroupingTable_bb0b1a79-5d6e-4522-b07e-665b48de130b" xlink:to="loc_us-gaap_LongtermDebtTypeAxis_3d17885f-a3b2-4e53-8855-7116af041444" xlink:type="arc" preferredLabel="http://www.xbrl.org/2003/role/terseLabel"/>
    <link:loc xlink:type="locator" xlink:label="loc_us-gaap_LongtermDebtTypeDomain_f569fb2f-ec3a-41ad-b945-68f88842cc7d" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_LongtermDebtTypeDomain"/>
    <link:presentationArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaap_LongtermDebtTypeAxis_3d17885f-a3b2-4e53-8855-7116af041444" xlink:to="loc_us-gaap_LongtermDebtTypeDomain_f569fb2f-ec3a-41ad-b945-68f88842cc7d" xlink:type="arc" preferredLabel="http://www.xbrl.org/2003/role/terseLabel"/>
    <link:loc xlink:type="locator" xlink:label="loc_frt_MortgagesPayableAndNotesPayableMember_bdb505ff-7c9b-444b-a3d1-70a324c1a682" xlink:href="frt-20250331.xsd#frt_MortgagesPayableAndNotesPayableMember"/>
    <link:presentationArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaap_LongtermDebtTypeDomain_f569fb2f-ec3a-41ad-b945-68f88842cc7d" xlink:to="loc_frt_MortgagesPayableAndNotesPayableMember_bdb505ff-7c9b-444b-a3d1-70a324c1a682" xlink:type="arc" preferredLabel="http://www.xbrl.org/2003/role/terseLabel"/>
    <link:loc xlink:type="locator" xlink:label="loc_frt_SeniorNotesAndDebenturesMember_e9534229-0d8c-4feb-99e1-3449a17dc651" xlink:href="frt-20250331.xsd#frt_SeniorNotesAndDebenturesMember"/>
    <link:presentationArc order="2" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaap_LongtermDebtTypeDomain_f569fb2f-ec3a-41ad-b945-68f88842cc7d" xlink:to="loc_frt_SeniorNotesAndDebenturesMember_e9534229-0d8c-4feb-99e1-3449a17dc651" xlink:type="arc" preferredLabel="http://www.xbrl.org/2003/role/terseLabel"/>
    <link:loc xlink:type="locator" xlink:label="loc_frt_ExchangeableSeniorNotesMember_6cbba241-8aab-42c4-badd-f7b871c4ddbd" xlink:href="frt-20250331.xsd#frt_ExchangeableSeniorNotesMember"/>
    <link:presentationArc order="3" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaap_LongtermDebtTypeDomain_f569fb2f-ec3a-41ad-b945-68f88842cc7d" xlink:to="loc_frt_ExchangeableSeniorNotesMember_6cbba241-8aab-42c4-badd-f7b871c4ddbd" xlink:type="arc" preferredLabel="http://www.xbrl.org/2003/role/terseLabel"/>
    <link:loc xlink:type="locator" xlink:label="loc_us-gaap_FairValueByMeasurementBasisAxis_2129131f-602b-417a-9795-7ca2fb855b39" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_FairValueByMeasurementBasisAxis"/>
    <link:presentationArc order="2" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaap_FairValueByBalanceSheetGroupingTable_bb0b1a79-5d6e-4522-b07e-665b48de130b" xlink:to="loc_us-gaap_FairValueByMeasurementBasisAxis_2129131f-602b-417a-9795-7ca2fb855b39" xlink:type="arc" preferredLabel="http://www.xbrl.org/2003/role/terseLabel"/>
    <link:loc xlink:type="locator" xlink:label="loc_us-gaap_FairValueDisclosureItemAmountsDomain_1a985e13-baa6-4fdf-b778-ad9b699ac08c" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_FairValueDisclosureItemAmountsDomain"/>
    <link:presentationArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaap_FairValueByMeasurementBasisAxis_2129131f-602b-417a-9795-7ca2fb855b39" xlink:to="loc_us-gaap_FairValueDisclosureItemAmountsDomain_1a985e13-baa6-4fdf-b778-ad9b699ac08c" xlink:type="arc" preferredLabel="http://www.xbrl.org/2003/role/terseLabel"/>
    <link:loc xlink:type="locator" xlink:label="loc_us-gaap_PortionAtFairValueFairValueDisclosureMember_e941d61e-463f-4339-b58b-60bf8b38b7b4" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_PortionAtFairValueFairValueDisclosureMember"/>
    <link:presentationArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaap_FairValueDisclosureItemAmountsDomain_1a985e13-baa6-4fdf-b778-ad9b699ac08c" xlink:to="loc_us-gaap_PortionAtFairValueFairValueDisclosureMember_e941d61e-463f-4339-b58b-60bf8b38b7b4" xlink:type="arc" preferredLabel="http://www.xbrl.org/2003/role/terseLabel"/>
    <link:loc xlink:type="locator" xlink:label="loc_us-gaap_CarryingReportedAmountFairValueDisclosureMember_9590e6b0-f66f-4fd6-9875-766a1c1b43fb" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_CarryingReportedAmountFairValueDisclosureMember"/>
    <link:presentationArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaap_PortionAtFairValueFairValueDisclosureMember_e941d61e-463f-4339-b58b-60bf8b38b7b4" xlink:to="loc_us-gaap_CarryingReportedAmountFairValueDisclosureMember_9590e6b0-f66f-4fd6-9875-766a1c1b43fb" xlink:type="arc" preferredLabel="http://www.xbrl.org/2003/role/terseLabel"/>
    <link:loc xlink:type="locator" xlink:label="loc_us-gaap_EstimateOfFairValueFairValueDisclosureMember_31bbba4c-96d9-4536-8960-2955d7fff1db" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_EstimateOfFairValueFairValueDisclosureMember"/>
    <link:presentationArc order="2" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaap_PortionAtFairValueFairValueDisclosureMember_e941d61e-463f-4339-b58b-60bf8b38b7b4" xlink:to="loc_us-gaap_EstimateOfFairValueFairValueDisclosureMember_31bbba4c-96d9-4536-8960-2955d7fff1db" xlink:type="arc" preferredLabel="http://www.xbrl.org/2003/role/terseLabel"/>
    <link:loc xlink:type="locator" xlink:label="loc_us-gaap_FairValueBalanceSheetGroupingFinancialStatementCaptionsLineItems_1398ec95-dec9-48a4-94d6-a59a706cee6f" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_FairValueBalanceSheetGroupingFinancialStatementCaptionsLineItems"/>
    <link:presentationArc order="3" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaap_FairValueByBalanceSheetGroupingTable_bb0b1a79-5d6e-4522-b07e-665b48de130b" xlink:to="loc_us-gaap_FairValueBalanceSheetGroupingFinancialStatementCaptionsLineItems_1398ec95-dec9-48a4-94d6-a59a706cee6f" xlink:type="arc" preferredLabel="http://www.xbrl.org/2003/role/terseLabel"/>
    <link:loc xlink:type="locator" xlink:label="loc_us-gaap_LongTermDebtFairValue_f272e1be-196c-4bff-b9f4-819749a26200" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_LongTermDebtFairValue"/>
    <link:presentationArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaap_FairValueBalanceSheetGroupingFinancialStatementCaptionsLineItems_1398ec95-dec9-48a4-94d6-a59a706cee6f" xlink:to="loc_us-gaap_LongTermDebtFairValue_f272e1be-196c-4bff-b9f4-819749a26200" xlink:type="arc" preferredLabel="http://www.xbrl.org/2003/role/terseLabel"/>
  </link:presentationLink>
  <link:roleRef roleURI="http://www.federalrealty.com/role/FairValueOfFinancialInstrumentsDetails" xlink:type="simple" xlink:href="frt-20250331.xsd#FairValueOfFinancialInstrumentsDetails"/>
  <link:presentationLink xlink:role="http://www.federalrealty.com/role/FairValueOfFinancialInstrumentsDetails" xlink:type="extended">
    <link:loc xlink:type="locator" xlink:label="loc_us-gaap_FairValueDisclosuresAbstract_862bc5f0-73ad-4bcd-b6f3-513931065505" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_FairValueDisclosuresAbstract"/>
    <link:loc xlink:type="locator" xlink:label="loc_us-gaap_FairValueByBalanceSheetGroupingTable_8211339f-0a78-448c-aab9-ce082a1d6742" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_FairValueByBalanceSheetGroupingTable"/>
    <link:presentationArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaap_FairValueDisclosuresAbstract_862bc5f0-73ad-4bcd-b6f3-513931065505" xlink:to="loc_us-gaap_FairValueByBalanceSheetGroupingTable_8211339f-0a78-448c-aab9-ce082a1d6742" xlink:type="arc" preferredLabel="http://www.xbrl.org/2003/role/terseLabel"/>
    <link:loc xlink:type="locator" xlink:label="loc_us-gaap_DebtInstrumentAxis_0e6f5afa-3196-431c-9523-b0e7816e5272" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_DebtInstrumentAxis"/>
    <link:presentationArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaap_FairValueByBalanceSheetGroupingTable_8211339f-0a78-448c-aab9-ce082a1d6742" xlink:to="loc_us-gaap_DebtInstrumentAxis_0e6f5afa-3196-431c-9523-b0e7816e5272" xlink:type="arc" preferredLabel="http://www.xbrl.org/2003/role/terseLabel"/>
    <link:loc xlink:type="locator" xlink:label="loc_us-gaap_DebtInstrumentNameDomain_f55b83e3-9571-410b-9395-f35fc70a915d" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_DebtInstrumentNameDomain"/>
    <link:presentationArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaap_DebtInstrumentAxis_0e6f5afa-3196-431c-9523-b0e7816e5272" xlink:to="loc_us-gaap_DebtInstrumentNameDomain_f55b83e3-9571-410b-9395-f35fc70a915d" xlink:type="arc" preferredLabel="http://www.xbrl.org/2003/role/terseLabel"/>
    <link:loc xlink:type="locator" xlink:label="loc_frt_HobokenMember_624324c3-3d10-4485-8aa7-2c62e56806bc" xlink:href="frt-20250331.xsd#frt_HobokenMember"/>
    <link:presentationArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaap_DebtInstrumentNameDomain_f55b83e3-9571-410b-9395-f35fc70a915d" xlink:to="loc_frt_HobokenMember_624324c3-3d10-4485-8aa7-2c62e56806bc" xlink:type="arc" preferredLabel="http://www.xbrl.org/2003/role/terseLabel"/>
    <link:loc xlink:type="locator" xlink:label="loc_frt_BethesdaRowMember_f8de385a-802c-417e-a31d-b9e694dfacf1" xlink:href="frt-20250331.xsd#frt_BethesdaRowMember"/>
    <link:presentationArc order="2" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaap_DebtInstrumentNameDomain_f55b83e3-9571-410b-9395-f35fc70a915d" xlink:to="loc_frt_BethesdaRowMember_f8de385a-802c-417e-a31d-b9e694dfacf1" xlink:type="arc" preferredLabel="http://www.xbrl.org/2003/role/terseLabel"/>
    <link:loc xlink:type="locator" xlink:label="loc_us-gaap_LongtermDebtTypeAxis_9f265faa-c42a-4047-b903-84eb24199fb8" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_LongtermDebtTypeAxis"/>
    <link:presentationArc order="2" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaap_FairValueByBalanceSheetGroupingTable_8211339f-0a78-448c-aab9-ce082a1d6742" xlink:to="loc_us-gaap_LongtermDebtTypeAxis_9f265faa-c42a-4047-b903-84eb24199fb8" xlink:type="arc" preferredLabel="http://www.xbrl.org/2003/role/terseLabel"/>
    <link:loc xlink:type="locator" xlink:label="loc_us-gaap_LongtermDebtTypeDomain_b6b0a9dd-4977-4b4d-8752-46e92bbe7b87" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_LongtermDebtTypeDomain"/>
    <link:presentationArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaap_LongtermDebtTypeAxis_9f265faa-c42a-4047-b903-84eb24199fb8" xlink:to="loc_us-gaap_LongtermDebtTypeDomain_b6b0a9dd-4977-4b4d-8752-46e92bbe7b87" xlink:type="arc" preferredLabel="http://www.xbrl.org/2003/role/verboseLabel"/>
    <link:loc xlink:type="locator" xlink:label="loc_us-gaap_SecuredDebtMember_df831915-6913-43c1-bc4a-fda7db9bc9a1" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_SecuredDebtMember"/>
    <link:presentationArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaap_LongtermDebtTypeDomain_b6b0a9dd-4977-4b4d-8752-46e92bbe7b87" xlink:to="loc_us-gaap_SecuredDebtMember_df831915-6913-43c1-bc4a-fda7db9bc9a1" xlink:type="arc" preferredLabel="http://www.xbrl.org/2003/role/terseLabel"/>
    <link:loc xlink:type="locator" xlink:label="loc_us-gaap_FairValueByMeasurementFrequencyAxis_33129744-b2b2-4a99-8ce3-2dfa98630dc2" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_FairValueByMeasurementFrequencyAxis"/>
    <link:presentationArc order="3" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaap_FairValueByBalanceSheetGroupingTable_8211339f-0a78-448c-aab9-ce082a1d6742" xlink:to="loc_us-gaap_FairValueByMeasurementFrequencyAxis_33129744-b2b2-4a99-8ce3-2dfa98630dc2" xlink:type="arc" preferredLabel="http://www.xbrl.org/2003/role/terseLabel"/>
    <link:loc xlink:type="locator" xlink:label="loc_us-gaap_FairValueMeasurementFrequencyDomain_9ab22e22-3722-4456-ad65-9f8ad11a5015" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_FairValueMeasurementFrequencyDomain"/>
    <link:presentationArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaap_FairValueByMeasurementFrequencyAxis_33129744-b2b2-4a99-8ce3-2dfa98630dc2" xlink:to="loc_us-gaap_FairValueMeasurementFrequencyDomain_9ab22e22-3722-4456-ad65-9f8ad11a5015" xlink:type="arc" preferredLabel="http://www.xbrl.org/2003/role/terseLabel"/>
    <link:loc xlink:type="locator" xlink:label="loc_us-gaap_FairValueMeasurementsRecurringMember_d1897b2f-5935-44c5-9cda-6ebd5ad76a1b" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_FairValueMeasurementsRecurringMember"/>
    <link:presentationArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaap_FairValueMeasurementFrequencyDomain_9ab22e22-3722-4456-ad65-9f8ad11a5015" xlink:to="loc_us-gaap_FairValueMeasurementsRecurringMember_d1897b2f-5935-44c5-9cda-6ebd5ad76a1b" xlink:type="arc" preferredLabel="http://www.xbrl.org/2003/role/terseLabel"/>
    <link:loc xlink:type="locator" xlink:label="loc_us-gaap_DerivativeInstrumentRiskAxis_81699cd3-59a8-44cc-b836-1d9a16b623d2" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_DerivativeInstrumentRiskAxis"/>
    <link:presentationArc order="4" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaap_FairValueByBalanceSheetGroupingTable_8211339f-0a78-448c-aab9-ce082a1d6742" xlink:to="loc_us-gaap_DerivativeInstrumentRiskAxis_81699cd3-59a8-44cc-b836-1d9a16b623d2" xlink:type="arc" preferredLabel="http://www.xbrl.org/2003/role/terseLabel"/>
    <link:loc xlink:type="locator" xlink:label="loc_us-gaap_DerivativeContractTypeDomain_f6338baa-8475-4d78-8634-196ac78dc7fe" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_DerivativeContractTypeDomain"/>
    <link:presentationArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaap_DerivativeInstrumentRiskAxis_81699cd3-59a8-44cc-b836-1d9a16b623d2" xlink:to="loc_us-gaap_DerivativeContractTypeDomain_f6338baa-8475-4d78-8634-196ac78dc7fe" xlink:type="arc" preferredLabel="http://www.xbrl.org/2003/role/terseLabel"/>
    <link:loc xlink:type="locator" xlink:label="loc_us-gaap_InterestRateSwapMember_53d3740f-cd21-4e19-a9d7-41e474809ab8" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_InterestRateSwapMember"/>
    <link:presentationArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaap_DerivativeContractTypeDomain_f6338baa-8475-4d78-8634-196ac78dc7fe" xlink:to="loc_us-gaap_InterestRateSwapMember_53d3740f-cd21-4e19-a9d7-41e474809ab8" xlink:type="arc" preferredLabel="http://www.xbrl.org/2003/role/terseLabel"/>
    <link:loc xlink:type="locator" xlink:label="loc_us-gaap_StatementEquityComponentsAxis_c5810367-c56c-4e52-ad61-ec2f5fa021ba" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_StatementEquityComponentsAxis"/>
    <link:presentationArc order="5" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaap_FairValueByBalanceSheetGroupingTable_8211339f-0a78-448c-aab9-ce082a1d6742" xlink:to="loc_us-gaap_StatementEquityComponentsAxis_c5810367-c56c-4e52-ad61-ec2f5fa021ba" xlink:type="arc" preferredLabel="http://www.xbrl.org/2003/role/terseLabel"/>
    <link:loc xlink:type="locator" xlink:label="loc_us-gaap_EquityComponentDomain_0ef2b75b-d204-4e65-bd0f-b0147e46d5b7" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_EquityComponentDomain"/>
    <link:presentationArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaap_StatementEquityComponentsAxis_c5810367-c56c-4e52-ad61-ec2f5fa021ba" xlink:to="loc_us-gaap_EquityComponentDomain_0ef2b75b-d204-4e65-bd0f-b0147e46d5b7" xlink:type="arc" preferredLabel="http://www.xbrl.org/2003/role/terseLabel"/>
    <link:loc xlink:type="locator" xlink:label="loc_us-gaap_AccumulatedOtherComprehensiveIncomeMember_ff86a665-cc24-4a3b-93f4-8fe4e8bf1833" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_AccumulatedOtherComprehensiveIncomeMember"/>
    <link:presentationArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaap_EquityComponentDomain_0ef2b75b-d204-4e65-bd0f-b0147e46d5b7" xlink:to="loc_us-gaap_AccumulatedOtherComprehensiveIncomeMember_ff86a665-cc24-4a3b-93f4-8fe4e8bf1833" xlink:type="arc" preferredLabel="http://www.xbrl.org/2003/role/verboseLabel"/>
    <link:loc xlink:type="locator" xlink:label="loc_us-gaap_RelatedPartyTransactionsByRelatedPartyAxis_8be00e7a-8f54-45c9-af44-005a9b9ccfc3" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_RelatedPartyTransactionsByRelatedPartyAxis"/>
    <link:presentationArc order="6" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaap_FairValueByBalanceSheetGroupingTable_8211339f-0a78-448c-aab9-ce082a1d6742" xlink:to="loc_us-gaap_RelatedPartyTransactionsByRelatedPartyAxis_8be00e7a-8f54-45c9-af44-005a9b9ccfc3" xlink:type="arc" preferredLabel="http://www.xbrl.org/2003/role/terseLabel"/>
    <link:loc xlink:type="locator" xlink:label="loc_us-gaap_RelatedPartyDomain_68ec4d0a-45d7-47de-8eb4-5c8e1844aef9" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_RelatedPartyDomain"/>
    <link:presentationArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaap_RelatedPartyTransactionsByRelatedPartyAxis_8be00e7a-8f54-45c9-af44-005a9b9ccfc3" xlink:to="loc_us-gaap_RelatedPartyDomain_68ec4d0a-45d7-47de-8eb4-5c8e1844aef9" xlink:type="arc" preferredLabel="http://www.xbrl.org/2003/role/terseLabel"/>
    <link:loc xlink:type="locator" xlink:label="loc_us-gaap_EquityMethodInvesteeMember_0dc3ea21-7cff-440b-8759-27917895ba53" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_EquityMethodInvesteeMember"/>
    <link:presentationArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaap_RelatedPartyDomain_68ec4d0a-45d7-47de-8eb4-5c8e1844aef9" xlink:to="loc_us-gaap_EquityMethodInvesteeMember_0dc3ea21-7cff-440b-8759-27917895ba53" xlink:type="arc" preferredLabel="http://www.xbrl.org/2003/role/terseLabel"/>
    <link:loc xlink:type="locator" xlink:label="loc_us-gaap_FairValueBalanceSheetGroupingFinancialStatementCaptionsLineItems_2c4dfd98-5ea1-4091-b11d-c07951420642" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_FairValueBalanceSheetGroupingFinancialStatementCaptionsLineItems"/>
    <link:presentationArc order="7" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaap_FairValueByBalanceSheetGroupingTable_8211339f-0a78-448c-aab9-ce082a1d6742" xlink:to="loc_us-gaap_FairValueBalanceSheetGroupingFinancialStatementCaptionsLineItems_2c4dfd98-5ea1-4091-b11d-c07951420642" xlink:type="arc" preferredLabel="http://www.xbrl.org/2003/role/terseLabel"/>
    <link:loc xlink:type="locator" xlink:label="loc_us-gaap_NumberOfInterestRateDerivativesHeld_9878e9a6-f539-43fe-a856-2557c607e9b9" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_NumberOfInterestRateDerivativesHeld"/>
    <link:presentationArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaap_FairValueBalanceSheetGroupingFinancialStatementCaptionsLineItems_2c4dfd98-5ea1-4091-b11d-c07951420642" xlink:to="loc_us-gaap_NumberOfInterestRateDerivativesHeld_9878e9a6-f539-43fe-a856-2557c607e9b9" xlink:type="arc" preferredLabel="http://www.xbrl.org/2003/role/verboseLabel"/>
    <link:loc xlink:type="locator" xlink:label="loc_us-gaap_DerivativeNotionalAmount_4ffd2cec-0aa0-4cd3-bf8d-b56d79297e3d" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_DerivativeNotionalAmount"/>
    <link:presentationArc order="2" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaap_FairValueBalanceSheetGroupingFinancialStatementCaptionsLineItems_2c4dfd98-5ea1-4091-b11d-c07951420642" xlink:to="loc_us-gaap_DerivativeNotionalAmount_4ffd2cec-0aa0-4cd3-bf8d-b56d79297e3d" xlink:type="arc" preferredLabel="http://www.xbrl.org/2003/role/terseLabel"/>
    <link:loc xlink:type="locator" xlink:label="loc_us-gaap_DebtInstrumentCarryingAmount_7d22369a-4b6b-411a-bdbd-3df518b48050" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_DebtInstrumentCarryingAmount"/>
    <link:presentationArc order="3" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaap_FairValueBalanceSheetGroupingFinancialStatementCaptionsLineItems_2c4dfd98-5ea1-4091-b11d-c07951420642" xlink:to="loc_us-gaap_DebtInstrumentCarryingAmount_7d22369a-4b6b-411a-bdbd-3df518b48050" xlink:type="arc" preferredLabel="http://www.xbrl.org/2003/role/terseLabel"/>
    <link:loc xlink:type="locator" xlink:label="loc_us-gaap_DerivativeFixedInterestRate_7f59afcd-6ab4-4b70-bba8-ba048ebf50d2" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_DerivativeFixedInterestRate"/>
    <link:presentationArc order="4" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaap_FairValueBalanceSheetGroupingFinancialStatementCaptionsLineItems_2c4dfd98-5ea1-4091-b11d-c07951420642" xlink:to="loc_us-gaap_DerivativeFixedInterestRate_7f59afcd-6ab4-4b70-bba8-ba048ebf50d2" xlink:type="arc" preferredLabel="http://www.xbrl.org/2003/role/terseLabel"/>
    <link:loc xlink:type="locator" xlink:label="loc_us-gaap_OtherComprehensiveIncomeLossNetOfTax_e71fc7c1-b584-4456-8c14-0421a7643a18" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_OtherComprehensiveIncomeLossNetOfTax"/>
    <link:presentationArc order="5" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaap_FairValueBalanceSheetGroupingFinancialStatementCaptionsLineItems_2c4dfd98-5ea1-4091-b11d-c07951420642" xlink:to="loc_us-gaap_OtherComprehensiveIncomeLossNetOfTax_e71fc7c1-b584-4456-8c14-0421a7643a18" xlink:type="arc" preferredLabel="http://www.xbrl.org/2003/role/terseLabel"/>
    <link:loc xlink:type="locator" xlink:label="loc_us-gaap_InterestRateCashFlowHedgeGainLossReclassifiedToEarningsNet_2f724002-d013-4d49-98a4-242ce8398046" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_InterestRateCashFlowHedgeGainLossReclassifiedToEarningsNet"/>
    <link:presentationArc order="6" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaap_FairValueBalanceSheetGroupingFinancialStatementCaptionsLineItems_2c4dfd98-5ea1-4091-b11d-c07951420642" xlink:to="loc_us-gaap_InterestRateCashFlowHedgeGainLossReclassifiedToEarningsNet_2f724002-d013-4d49-98a4-242ce8398046" xlink:type="arc" preferredLabel="http://www.xbrl.org/2003/role/terseLabel"/>
    <link:loc xlink:type="locator" xlink:label="loc_us-gaap_DerivativeAssets_79289fe3-0f4d-41c9-b927-9e8214fb5467" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_DerivativeAssets"/>
    <link:presentationArc order="7" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaap_FairValueBalanceSheetGroupingFinancialStatementCaptionsLineItems_2c4dfd98-5ea1-4091-b11d-c07951420642" xlink:to="loc_us-gaap_DerivativeAssets_79289fe3-0f4d-41c9-b927-9e8214fb5467" xlink:type="arc" preferredLabel="http://www.xbrl.org/2003/role/terseLabel"/>
  </link:presentationLink>
  <link:roleRef roleURI="http://www.federalrealty.com/role/FairValueofFinancialInstrumentsSummaryofFinancialAssetsMeasuredAtFairValueonaRecurringBasisDetails" xlink:type="simple" xlink:href="frt-20250331.xsd#FairValueofFinancialInstrumentsSummaryofFinancialAssetsMeasuredAtFairValueonaRecurringBasisDetails"/>
  <link:presentationLink xlink:role="http://www.federalrealty.com/role/FairValueofFinancialInstrumentsSummaryofFinancialAssetsMeasuredAtFairValueonaRecurringBasisDetails" xlink:type="extended">
    <link:loc xlink:type="locator" xlink:label="loc_us-gaap_FairValueDisclosuresAbstract_3c5410d1-d604-4923-8b9c-0c22d36d77f7" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_FairValueDisclosuresAbstract"/>
    <link:loc xlink:type="locator" xlink:label="loc_us-gaap_FairValueAssetsAndLiabilitiesMeasuredOnRecurringAndNonrecurringBasisTable_ab257b12-09a8-4226-b602-e3f8724ecc79" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_FairValueAssetsAndLiabilitiesMeasuredOnRecurringAndNonrecurringBasisTable"/>
    <link:presentationArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaap_FairValueDisclosuresAbstract_3c5410d1-d604-4923-8b9c-0c22d36d77f7" xlink:to="loc_us-gaap_FairValueAssetsAndLiabilitiesMeasuredOnRecurringAndNonrecurringBasisTable_ab257b12-09a8-4226-b602-e3f8724ecc79" xlink:type="arc" preferredLabel="http://www.xbrl.org/2003/role/terseLabel"/>
    <link:loc xlink:type="locator" xlink:label="loc_us-gaap_DerivativeInstrumentRiskAxis_76efc89c-046f-4951-a39d-f53fe9122562" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_DerivativeInstrumentRiskAxis"/>
    <link:presentationArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaap_FairValueAssetsAndLiabilitiesMeasuredOnRecurringAndNonrecurringBasisTable_ab257b12-09a8-4226-b602-e3f8724ecc79" xlink:to="loc_us-gaap_DerivativeInstrumentRiskAxis_76efc89c-046f-4951-a39d-f53fe9122562" xlink:type="arc" preferredLabel="http://www.xbrl.org/2003/role/terseLabel"/>
    <link:loc xlink:type="locator" xlink:label="loc_us-gaap_DerivativeContractTypeDomain_6e067e5a-7d30-4168-a5ea-1ebd9578d04f" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_DerivativeContractTypeDomain"/>
    <link:presentationArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaap_DerivativeInstrumentRiskAxis_76efc89c-046f-4951-a39d-f53fe9122562" xlink:to="loc_us-gaap_DerivativeContractTypeDomain_6e067e5a-7d30-4168-a5ea-1ebd9578d04f" xlink:type="arc" preferredLabel="http://www.xbrl.org/2003/role/terseLabel"/>
    <link:loc xlink:type="locator" xlink:label="loc_us-gaap_InterestRateSwapMember_6c8dc84b-7b0a-4080-9021-bd73e3d4b19d" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_InterestRateSwapMember"/>
    <link:presentationArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaap_DerivativeContractTypeDomain_6e067e5a-7d30-4168-a5ea-1ebd9578d04f" xlink:to="loc_us-gaap_InterestRateSwapMember_6c8dc84b-7b0a-4080-9021-bd73e3d4b19d" xlink:type="arc" preferredLabel="http://www.xbrl.org/2003/role/terseLabel"/>
    <link:loc xlink:type="locator" xlink:label="loc_us-gaap_FairValueByFairValueHierarchyLevelAxis_eb754dc7-1dbc-4868-9dc4-802dbb8a7f5f" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_FairValueByFairValueHierarchyLevelAxis"/>
    <link:presentationArc order="2" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaap_FairValueAssetsAndLiabilitiesMeasuredOnRecurringAndNonrecurringBasisTable_ab257b12-09a8-4226-b602-e3f8724ecc79" xlink:to="loc_us-gaap_FairValueByFairValueHierarchyLevelAxis_eb754dc7-1dbc-4868-9dc4-802dbb8a7f5f" xlink:type="arc" preferredLabel="http://www.xbrl.org/2003/role/terseLabel"/>
    <link:loc xlink:type="locator" xlink:label="loc_us-gaap_FairValueMeasurementsFairValueHierarchyDomain_56bb9975-7a26-4b20-bb22-f018cb56198c" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_FairValueMeasurementsFairValueHierarchyDomain"/>
    <link:presentationArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaap_FairValueByFairValueHierarchyLevelAxis_eb754dc7-1dbc-4868-9dc4-802dbb8a7f5f" xlink:to="loc_us-gaap_FairValueMeasurementsFairValueHierarchyDomain_56bb9975-7a26-4b20-bb22-f018cb56198c" xlink:type="arc" preferredLabel="http://www.xbrl.org/2003/role/terseLabel"/>
    <link:loc xlink:type="locator" xlink:label="loc_us-gaap_FairValueInputsLevel1Member_9bb01252-5c3c-4e61-9eed-9b3c43f9ca75" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_FairValueInputsLevel1Member"/>
    <link:presentationArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaap_FairValueMeasurementsFairValueHierarchyDomain_56bb9975-7a26-4b20-bb22-f018cb56198c" xlink:to="loc_us-gaap_FairValueInputsLevel1Member_9bb01252-5c3c-4e61-9eed-9b3c43f9ca75" xlink:type="arc" preferredLabel="http://www.xbrl.org/2003/role/terseLabel"/>
    <link:loc xlink:type="locator" xlink:label="loc_us-gaap_FairValueInputsLevel2Member_c9f41777-9279-404c-a11b-22b6bb0aec30" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_FairValueInputsLevel2Member"/>
    <link:presentationArc order="2" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaap_FairValueMeasurementsFairValueHierarchyDomain_56bb9975-7a26-4b20-bb22-f018cb56198c" xlink:to="loc_us-gaap_FairValueInputsLevel2Member_c9f41777-9279-404c-a11b-22b6bb0aec30" xlink:type="arc" preferredLabel="http://www.xbrl.org/2003/role/terseLabel"/>
    <link:loc xlink:type="locator" xlink:label="loc_us-gaap_FairValueInputsLevel3Member_833dee02-5dd5-451e-8caa-9264e353c738" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_FairValueInputsLevel3Member"/>
    <link:presentationArc order="3" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaap_FairValueMeasurementsFairValueHierarchyDomain_56bb9975-7a26-4b20-bb22-f018cb56198c" xlink:to="loc_us-gaap_FairValueInputsLevel3Member_833dee02-5dd5-451e-8caa-9264e353c738" xlink:type="arc" preferredLabel="http://www.xbrl.org/2003/role/terseLabel"/>
    <link:loc xlink:type="locator" xlink:label="loc_us-gaap_FairValueByMeasurementFrequencyAxis_a28c3208-a807-4d22-8b60-213e78d262c7" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_FairValueByMeasurementFrequencyAxis"/>
    <link:presentationArc order="3" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaap_FairValueAssetsAndLiabilitiesMeasuredOnRecurringAndNonrecurringBasisTable_ab257b12-09a8-4226-b602-e3f8724ecc79" xlink:to="loc_us-gaap_FairValueByMeasurementFrequencyAxis_a28c3208-a807-4d22-8b60-213e78d262c7" xlink:type="arc" preferredLabel="http://www.xbrl.org/2003/role/terseLabel"/>
    <link:loc xlink:type="locator" xlink:label="loc_us-gaap_FairValueMeasurementFrequencyDomain_033e6a06-a640-4ff3-8a8a-c6d8b49d199b" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_FairValueMeasurementFrequencyDomain"/>
    <link:presentationArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaap_FairValueByMeasurementFrequencyAxis_a28c3208-a807-4d22-8b60-213e78d262c7" xlink:to="loc_us-gaap_FairValueMeasurementFrequencyDomain_033e6a06-a640-4ff3-8a8a-c6d8b49d199b" xlink:type="arc" preferredLabel="http://www.xbrl.org/2003/role/terseLabel"/>
    <link:loc xlink:type="locator" xlink:label="loc_us-gaap_FairValueMeasurementsRecurringMember_988d4081-5b66-417a-9f38-c998be1613dc" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_FairValueMeasurementsRecurringMember"/>
    <link:presentationArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaap_FairValueMeasurementFrequencyDomain_033e6a06-a640-4ff3-8a8a-c6d8b49d199b" xlink:to="loc_us-gaap_FairValueMeasurementsRecurringMember_988d4081-5b66-417a-9f38-c998be1613dc" xlink:type="arc" preferredLabel="http://www.xbrl.org/2003/role/terseLabel"/>
    <link:loc xlink:type="locator" xlink:label="loc_us-gaap_FairValueAssetsAndLiabilitiesMeasuredOnRecurringAndNonrecurringBasisLineItems_a8a2e38a-b07e-47f7-921d-472acb226bcb" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_FairValueAssetsAndLiabilitiesMeasuredOnRecurringAndNonrecurringBasisLineItems"/>
    <link:presentationArc order="4" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaap_FairValueAssetsAndLiabilitiesMeasuredOnRecurringAndNonrecurringBasisTable_ab257b12-09a8-4226-b602-e3f8724ecc79" xlink:to="loc_us-gaap_FairValueAssetsAndLiabilitiesMeasuredOnRecurringAndNonrecurringBasisLineItems_a8a2e38a-b07e-47f7-921d-472acb226bcb" xlink:type="arc" preferredLabel="http://www.xbrl.org/2003/role/terseLabel"/>
    <link:loc xlink:type="locator" xlink:label="loc_us-gaap_DerivativeAssets_97463cf4-e08d-4b69-8583-33caa14e6a8b" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_DerivativeAssets"/>
    <link:presentationArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaap_FairValueAssetsAndLiabilitiesMeasuredOnRecurringAndNonrecurringBasisLineItems_a8a2e38a-b07e-47f7-921d-472acb226bcb" xlink:to="loc_us-gaap_DerivativeAssets_97463cf4-e08d-4b69-8583-33caa14e6a8b" xlink:type="arc" preferredLabel="http://www.xbrl.org/2003/role/terseLabel"/>
  </link:presentationLink>
  <link:roleRef roleURI="http://www.federalrealty.com/role/CommitmentsandContingenciesDetails" xlink:type="simple" xlink:href="frt-20250331.xsd#CommitmentsandContingenciesDetails"/>
  <link:presentationLink xlink:role="http://www.federalrealty.com/role/CommitmentsandContingenciesDetails" xlink:type="extended">
    <link:loc xlink:type="locator" xlink:label="loc_us-gaap_CommitmentsAndContingenciesDisclosureAbstract_fd1a4d81-d725-40fa-a1c9-190e246eb58c" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_CommitmentsAndContingenciesDisclosureAbstract"/>
    <link:loc xlink:type="locator" xlink:label="loc_us-gaap_OtherCommitmentsTable_47dbe3f8-c832-4e19-ab1c-d4ab23e9f589" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_OtherCommitmentsTable"/>
    <link:presentationArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaap_CommitmentsAndContingenciesDisclosureAbstract_fd1a4d81-d725-40fa-a1c9-190e246eb58c" xlink:to="loc_us-gaap_OtherCommitmentsTable_47dbe3f8-c832-4e19-ab1c-d4ab23e9f589" xlink:type="arc" preferredLabel="http://www.xbrl.org/2003/role/terseLabel"/>
    <link:loc xlink:type="locator" xlink:label="loc_frt_ConvertibleUnitTypeAxis_a69df190-1cc7-41a7-a179-9d83c3d2e896" xlink:href="frt-20250331.xsd#frt_ConvertibleUnitTypeAxis"/>
    <link:presentationArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaap_OtherCommitmentsTable_47dbe3f8-c832-4e19-ab1c-d4ab23e9f589" xlink:to="loc_frt_ConvertibleUnitTypeAxis_a69df190-1cc7-41a7-a179-9d83c3d2e896" xlink:type="arc" preferredLabel="http://www.xbrl.org/2003/role/terseLabel"/>
    <link:loc xlink:type="locator" xlink:label="loc_frt_ConvertibleUnitTypeDomain_aec64069-d812-41c7-abf7-745a07f70d5f" xlink:href="frt-20250331.xsd#frt_ConvertibleUnitTypeDomain"/>
    <link:presentationArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_frt_ConvertibleUnitTypeAxis_a69df190-1cc7-41a7-a179-9d83c3d2e896" xlink:to="loc_frt_ConvertibleUnitTypeDomain_aec64069-d812-41c7-abf7-745a07f70d5f" xlink:type="arc" preferredLabel="http://www.xbrl.org/2003/role/terseLabel"/>
    <link:loc xlink:type="locator" xlink:label="loc_frt_DownREITOPUnitsMember_59c4a8b7-32c9-4adc-94a7-9e4a39709062" xlink:href="frt-20250331.xsd#frt_DownREITOPUnitsMember"/>
    <link:presentationArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_frt_ConvertibleUnitTypeDomain_aec64069-d812-41c7-abf7-745a07f70d5f" xlink:to="loc_frt_DownREITOPUnitsMember_59c4a8b7-32c9-4adc-94a7-9e4a39709062" xlink:type="arc" preferredLabel="http://www.xbrl.org/2003/role/terseLabel"/>
    <link:loc xlink:type="locator" xlink:label="loc_us-gaap_SubsequentEventTypeAxis_13409895-fb25-40f8-9701-7cad5ae966a2" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_SubsequentEventTypeAxis"/>
    <link:presentationArc order="2" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaap_OtherCommitmentsTable_47dbe3f8-c832-4e19-ab1c-d4ab23e9f589" xlink:to="loc_us-gaap_SubsequentEventTypeAxis_13409895-fb25-40f8-9701-7cad5ae966a2" xlink:type="arc" preferredLabel="http://www.xbrl.org/2003/role/terseLabel"/>
    <link:loc xlink:type="locator" xlink:label="loc_us-gaap_SubsequentEventTypeDomain_24bbf5ed-ceb2-4b7c-9430-4c31b04b4147" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_SubsequentEventTypeDomain"/>
    <link:presentationArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaap_SubsequentEventTypeAxis_13409895-fb25-40f8-9701-7cad5ae966a2" xlink:to="loc_us-gaap_SubsequentEventTypeDomain_24bbf5ed-ceb2-4b7c-9430-4c31b04b4147" xlink:type="arc" preferredLabel="http://www.xbrl.org/2003/role/terseLabel"/>
    <link:loc xlink:type="locator" xlink:label="loc_us-gaap_SubsequentEventMember_81e8f6c7-bc75-45d0-af90-8486af2fb446" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_SubsequentEventMember"/>
    <link:presentationArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaap_SubsequentEventTypeDomain_24bbf5ed-ceb2-4b7c-9430-4c31b04b4147" xlink:to="loc_us-gaap_SubsequentEventMember_81e8f6c7-bc75-45d0-af90-8486af2fb446" xlink:type="arc" preferredLabel="http://www.xbrl.org/2003/role/terseLabel"/>
    <link:loc xlink:type="locator" xlink:label="loc_us-gaap_OtherCommitmentsLineItems_b8521022-a721-4b7b-ab8f-6899b192d67c" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_OtherCommitmentsLineItems"/>
    <link:presentationArc order="3" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaap_OtherCommitmentsTable_47dbe3f8-c832-4e19-ab1c-d4ab23e9f589" xlink:to="loc_us-gaap_OtherCommitmentsLineItems_b8521022-a721-4b7b-ab8f-6899b192d67c" xlink:type="arc" preferredLabel="http://www.xbrl.org/2003/role/terseLabel"/>
    <link:loc xlink:type="locator" xlink:label="loc_us-gaap_PartnersCapitalAccountUnits_7be38d7d-50ec-46b3-b49c-8b9914f32167" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_PartnersCapitalAccountUnits"/>
    <link:presentationArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaap_OtherCommitmentsLineItems_b8521022-a721-4b7b-ab8f-6899b192d67c" xlink:to="loc_us-gaap_PartnersCapitalAccountUnits_7be38d7d-50ec-46b3-b49c-8b9914f32167" xlink:type="arc" preferredLabel="http://www.xbrl.org/2003/role/terseLabel"/>
    <link:loc xlink:type="locator" xlink:label="loc_frt_OperatingPartnershipUnitsFairValue_82a9e951-57cf-4bb8-81cc-6e182eb0e9ff" xlink:href="frt-20250331.xsd#frt_OperatingPartnershipUnitsFairValue"/>
    <link:presentationArc order="2" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaap_OtherCommitmentsLineItems_b8521022-a721-4b7b-ab8f-6899b192d67c" xlink:to="loc_frt_OperatingPartnershipUnitsFairValue_82a9e951-57cf-4bb8-81cc-6e182eb0e9ff" xlink:type="arc" preferredLabel="http://www.xbrl.org/2003/role/terseLabel"/>
    <link:loc xlink:type="locator" xlink:label="loc_us-gaap_PartnersCapitalAccountUnitsRedeemed_5e905749-297d-4200-90e0-c69ce3e2a6b5" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_PartnersCapitalAccountUnitsRedeemed"/>
    <link:presentationArc order="3" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaap_OtherCommitmentsLineItems_b8521022-a721-4b7b-ab8f-6899b192d67c" xlink:to="loc_us-gaap_PartnersCapitalAccountUnitsRedeemed_5e905749-297d-4200-90e0-c69ce3e2a6b5" xlink:type="arc" preferredLabel="http://www.xbrl.org/2003/role/terseLabel"/>
    <link:loc xlink:type="locator" xlink:label="loc_us-gaap_MinorityInterestDecreaseFromRedemptions_f917d3db-acc5-498b-a0aa-1fe4eaccc693" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_MinorityInterestDecreaseFromRedemptions"/>
    <link:presentationArc order="4" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaap_OtherCommitmentsLineItems_b8521022-a721-4b7b-ab8f-6899b192d67c" xlink:to="loc_us-gaap_MinorityInterestDecreaseFromRedemptions_f917d3db-acc5-498b-a0aa-1fe4eaccc693" xlink:type="arc" preferredLabel="http://www.xbrl.org/2003/role/verboseLabel"/>
  </link:presentationLink>
  <link:roleRef roleURI="http://www.federalrealty.com/role/ShareholdersEquitySummaryofDividendsDetails" xlink:type="simple" xlink:href="frt-20250331.xsd#ShareholdersEquitySummaryofDividendsDetails"/>
  <link:presentationLink xlink:role="http://www.federalrealty.com/role/ShareholdersEquitySummaryofDividendsDetails" xlink:type="extended">
    <link:loc xlink:type="locator" xlink:label="loc_us-gaap_DividendsAbstract_4d694850-7707-448b-a3e8-663e849067f6" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_DividendsAbstract"/>
    <link:loc xlink:type="locator" xlink:label="loc_us-gaap_DividendsPayableTable_c77139bb-2b2d-4f63-8ca1-7d42eab413f1" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_DividendsPayableTable"/>
    <link:presentationArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaap_DividendsAbstract_4d694850-7707-448b-a3e8-663e849067f6" xlink:to="loc_us-gaap_DividendsPayableTable_c77139bb-2b2d-4f63-8ca1-7d42eab413f1" xlink:type="arc" preferredLabel="http://www.xbrl.org/2003/role/terseLabel"/>
    <link:loc xlink:type="locator" xlink:label="loc_us-gaap_StatementClassOfStockAxis_892e8e3e-fb54-4f48-a594-98a0eab62e74" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_StatementClassOfStockAxis"/>
    <link:presentationArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaap_DividendsPayableTable_c77139bb-2b2d-4f63-8ca1-7d42eab413f1" xlink:to="loc_us-gaap_StatementClassOfStockAxis_892e8e3e-fb54-4f48-a594-98a0eab62e74" xlink:type="arc" preferredLabel="http://www.xbrl.org/2003/role/terseLabel"/>
    <link:loc xlink:type="locator" xlink:label="loc_us-gaap_ClassOfStockDomain_3f1c0f28-3942-457d-ac93-c868cc93a6ef" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_ClassOfStockDomain"/>
    <link:presentationArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaap_StatementClassOfStockAxis_892e8e3e-fb54-4f48-a594-98a0eab62e74" xlink:to="loc_us-gaap_ClassOfStockDomain_3f1c0f28-3942-457d-ac93-c868cc93a6ef" xlink:type="arc" preferredLabel="http://www.xbrl.org/2003/role/terseLabel"/>
    <link:loc xlink:type="locator" xlink:label="loc_frt_A5417Series1CumulativeConvertiblePreferredMember_efefb537-6627-45d7-83db-8c819385c089" xlink:href="frt-20250331.xsd#frt_A5417Series1CumulativeConvertiblePreferredMember"/>
    <link:presentationArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaap_ClassOfStockDomain_3f1c0f28-3942-457d-ac93-c868cc93a6ef" xlink:to="loc_frt_A5417Series1CumulativeConvertiblePreferredMember_efefb537-6627-45d7-83db-8c819385c089" xlink:type="arc" preferredLabel="http://www.xbrl.org/2003/role/verboseLabel"/>
    <link:loc xlink:type="locator" xlink:label="loc_frt_A5.0SeriesCCumulativeRedeemablePreferredMember_47ee4858-1690-467c-9f9d-6be13f2c577b" xlink:href="frt-20250331.xsd#frt_A5.0SeriesCCumulativeRedeemablePreferredMember"/>
    <link:presentationArc order="2" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaap_ClassOfStockDomain_3f1c0f28-3942-457d-ac93-c868cc93a6ef" xlink:to="loc_frt_A5.0SeriesCCumulativeRedeemablePreferredMember_47ee4858-1690-467c-9f9d-6be13f2c577b" xlink:type="arc" preferredLabel="http://www.xbrl.org/2003/role/verboseLabel"/>
    <link:loc xlink:type="locator" xlink:label="loc_us-gaap_DividendsPayableLineItems_b593f832-c02d-4988-8532-677c140c0277" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_DividendsPayableLineItems"/>
    <link:presentationArc order="2" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaap_DividendsPayableTable_c77139bb-2b2d-4f63-8ca1-7d42eab413f1" xlink:to="loc_us-gaap_DividendsPayableLineItems_b593f832-c02d-4988-8532-677c140c0277" xlink:type="arc" preferredLabel="http://www.xbrl.org/2003/role/terseLabel"/>
    <link:loc xlink:type="locator" xlink:label="loc_us-gaap_PreferredStockDividendRatePercentage_a3309b21-eefc-4619-b4e6-99743d718f9b" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_PreferredStockDividendRatePercentage"/>
    <link:presentationArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaap_DividendsPayableLineItems_b593f832-c02d-4988-8532-677c140c0277" xlink:to="loc_us-gaap_PreferredStockDividendRatePercentage_a3309b21-eefc-4619-b4e6-99743d718f9b" xlink:type="arc" preferredLabel="http://www.xbrl.org/2003/role/terseLabel"/>
    <link:loc xlink:type="locator" xlink:label="loc_us-gaap_CommonStockDividendsPerShareDeclared_f10374a3-0d8c-4b4a-bb5e-72a1d834a30c" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_CommonStockDividendsPerShareDeclared"/>
    <link:presentationArc order="2" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaap_DividendsPayableLineItems_b593f832-c02d-4988-8532-677c140c0277" xlink:to="loc_us-gaap_CommonStockDividendsPerShareDeclared_f10374a3-0d8c-4b4a-bb5e-72a1d834a30c" xlink:type="arc" preferredLabel="http://www.xbrl.org/2003/role/verboseLabel"/>
    <link:loc xlink:type="locator" xlink:label="loc_us-gaap_CommonStockDividendsPerShareCashPaid_913e959c-2fe3-4c70-bc24-ab18d5d0b571" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_CommonStockDividendsPerShareCashPaid"/>
    <link:presentationArc order="3" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaap_DividendsPayableLineItems_b593f832-c02d-4988-8532-677c140c0277" xlink:to="loc_us-gaap_CommonStockDividendsPerShareCashPaid_913e959c-2fe3-4c70-bc24-ab18d5d0b571" xlink:type="arc" preferredLabel="http://www.xbrl.org/2003/role/terseLabel"/>
    <link:loc xlink:type="locator" xlink:label="loc_us-gaap_PreferredStockDividendsPerShareDeclared_fec6a26b-72f8-405f-855b-bdeb7e5827db" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_PreferredStockDividendsPerShareDeclared"/>
    <link:presentationArc order="4" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaap_DividendsPayableLineItems_b593f832-c02d-4988-8532-677c140c0277" xlink:to="loc_us-gaap_PreferredStockDividendsPerShareDeclared_fec6a26b-72f8-405f-855b-bdeb7e5827db" xlink:type="arc" preferredLabel="http://www.xbrl.org/2003/role/terseLabel"/>
    <link:loc xlink:type="locator" xlink:label="loc_us-gaap_PreferredStockDividendsPerShareCashPaid_452365fb-8929-4c27-97c3-e5f92fb71fbf" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_PreferredStockDividendsPerShareCashPaid"/>
    <link:presentationArc order="5" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaap_DividendsPayableLineItems_b593f832-c02d-4988-8532-677c140c0277" xlink:to="loc_us-gaap_PreferredStockDividendsPerShareCashPaid_452365fb-8929-4c27-97c3-e5f92fb71fbf" xlink:type="arc" preferredLabel="http://www.xbrl.org/2003/role/terseLabel"/>
  </link:presentationLink>
  <link:roleRef roleURI="http://www.federalrealty.com/role/ShareholdersEquityNarrativeDetails" xlink:type="simple" xlink:href="frt-20250331.xsd#ShareholdersEquityNarrativeDetails"/>
  <link:presentationLink xlink:role="http://www.federalrealty.com/role/ShareholdersEquityNarrativeDetails" xlink:type="extended">
    <link:loc xlink:type="locator" xlink:label="loc_us-gaap_StockholdersEquityNoteAbstract_ea475d72-bcdc-47d5-a1e2-23fd3f26d51c" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_StockholdersEquityNoteAbstract"/>
    <link:loc xlink:type="locator" xlink:label="loc_us-gaap_ScheduleOfStockByClassTable_f6afd381-c523-4468-b082-b6a961777085" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_ScheduleOfStockByClassTable"/>
    <link:presentationArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaap_StockholdersEquityNoteAbstract_ea475d72-bcdc-47d5-a1e2-23fd3f26d51c" xlink:to="loc_us-gaap_ScheduleOfStockByClassTable_f6afd381-c523-4468-b082-b6a961777085" xlink:type="arc" preferredLabel="http://www.xbrl.org/2003/role/terseLabel"/>
    <link:loc xlink:type="locator" xlink:label="loc_us-gaap_SubsidiarySaleOfStockAxis_e432559e-e6e5-4242-8821-2af3e9c646f6" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_SubsidiarySaleOfStockAxis"/>
    <link:presentationArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaap_ScheduleOfStockByClassTable_f6afd381-c523-4468-b082-b6a961777085" xlink:to="loc_us-gaap_SubsidiarySaleOfStockAxis_e432559e-e6e5-4242-8821-2af3e9c646f6" xlink:type="arc" preferredLabel="http://www.xbrl.org/2003/role/terseLabel"/>
    <link:loc xlink:type="locator" xlink:label="loc_us-gaap_SaleOfStockNameOfTransactionDomain_6b6e5de1-ec87-43a3-848a-b36335b7ff89" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_SaleOfStockNameOfTransactionDomain"/>
    <link:presentationArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaap_SubsidiarySaleOfStockAxis_e432559e-e6e5-4242-8821-2af3e9c646f6" xlink:to="loc_us-gaap_SaleOfStockNameOfTransactionDomain_6b6e5de1-ec87-43a3-848a-b36335b7ff89" xlink:type="arc" preferredLabel="http://www.xbrl.org/2003/role/terseLabel"/>
    <link:loc xlink:type="locator" xlink:label="loc_frt_AtMarketEquityProgramMember_f289e768-2aca-4f59-ba7d-38910d23bda9" xlink:href="frt-20250331.xsd#frt_AtMarketEquityProgramMember"/>
    <link:presentationArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaap_SaleOfStockNameOfTransactionDomain_6b6e5de1-ec87-43a3-848a-b36335b7ff89" xlink:to="loc_frt_AtMarketEquityProgramMember_f289e768-2aca-4f59-ba7d-38910d23bda9" xlink:type="arc" preferredLabel="http://www.xbrl.org/2003/role/terseLabel"/>
    <link:loc xlink:type="locator" xlink:label="loc_frt_ForwardSalesContractsMember_3474c78f-9a21-4f69-ab4d-195efec3268d" xlink:href="frt-20250331.xsd#frt_ForwardSalesContractsMember"/>
    <link:presentationArc order="2" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaap_SaleOfStockNameOfTransactionDomain_6b6e5de1-ec87-43a3-848a-b36335b7ff89" xlink:to="loc_frt_ForwardSalesContractsMember_3474c78f-9a21-4f69-ab4d-195efec3268d" xlink:type="arc" preferredLabel="http://www.xbrl.org/2003/role/terseLabel"/>
    <link:loc xlink:type="locator" xlink:label="loc_frt_StockIssuanceCostsByTypeAxis_61701b62-2b71-43c0-8436-ab4c4bbd5e9f" xlink:href="frt-20250331.xsd#frt_StockIssuanceCostsByTypeAxis"/>
    <link:presentationArc order="2" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaap_ScheduleOfStockByClassTable_f6afd381-c523-4468-b082-b6a961777085" xlink:to="loc_frt_StockIssuanceCostsByTypeAxis_61701b62-2b71-43c0-8436-ab4c4bbd5e9f" xlink:type="arc" preferredLabel="http://www.xbrl.org/2003/role/terseLabel"/>
    <link:loc xlink:type="locator" xlink:label="loc_frt_StockIssuanceCostsByTypeDomain_978ec5b0-3d5b-497f-99b6-866b2e631e71" xlink:href="frt-20250331.xsd#frt_StockIssuanceCostsByTypeDomain"/>
    <link:presentationArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_frt_StockIssuanceCostsByTypeAxis_61701b62-2b71-43c0-8436-ab4c4bbd5e9f" xlink:to="loc_frt_StockIssuanceCostsByTypeDomain_978ec5b0-3d5b-497f-99b6-866b2e631e71" xlink:type="arc" preferredLabel="http://www.xbrl.org/2003/role/terseLabel"/>
    <link:loc xlink:type="locator" xlink:label="loc_frt_OtherOfferingCostsMember_88603823-5fd5-47fa-9ea6-8a73e707681a" xlink:href="frt-20250331.xsd#frt_OtherOfferingCostsMember"/>
    <link:presentationArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_frt_StockIssuanceCostsByTypeDomain_978ec5b0-3d5b-497f-99b6-866b2e631e71" xlink:to="loc_frt_OtherOfferingCostsMember_88603823-5fd5-47fa-9ea6-8a73e707681a" xlink:type="arc" preferredLabel="http://www.xbrl.org/2003/role/terseLabel"/>
    <link:loc xlink:type="locator" xlink:label="loc_us-gaap_ClassOfStockLineItems_682a138d-201d-4942-bfa1-33ecfffd2b41" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_ClassOfStockLineItems"/>
    <link:presentationArc order="3" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaap_ScheduleOfStockByClassTable_f6afd381-c523-4468-b082-b6a961777085" xlink:to="loc_us-gaap_ClassOfStockLineItems_682a138d-201d-4942-bfa1-33ecfffd2b41" xlink:type="arc" preferredLabel="http://www.xbrl.org/2003/role/terseLabel"/>
    <link:loc xlink:type="locator" xlink:label="loc_frt_AggregateOfferingPriceOfCommonShare_9b1b1207-1b2b-4d39-bce2-ac285283745f" xlink:href="frt-20250331.xsd#frt_AggregateOfferingPriceOfCommonShare"/>
    <link:presentationArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaap_ClassOfStockLineItems_682a138d-201d-4942-bfa1-33ecfffd2b41" xlink:to="loc_frt_AggregateOfferingPriceOfCommonShare_9b1b1207-1b2b-4d39-bce2-ac285283745f" xlink:type="arc" preferredLabel="http://www.xbrl.org/2003/role/terseLabel"/>
    <link:loc xlink:type="locator" xlink:label="loc_us-gaap_StockIssuedDuringPeriodSharesNewIssues_935415c7-2a46-4998-be54-7e45aa1eb8d6" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_StockIssuedDuringPeriodSharesNewIssues"/>
    <link:presentationArc order="2" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaap_ClassOfStockLineItems_682a138d-201d-4942-bfa1-33ecfffd2b41" xlink:to="loc_us-gaap_StockIssuedDuringPeriodSharesNewIssues_935415c7-2a46-4998-be54-7e45aa1eb8d6" xlink:type="arc" preferredLabel="http://www.xbrl.org/2003/role/terseLabel"/>
    <link:loc xlink:type="locator" xlink:label="loc_us-gaap_ProceedsFromIssuanceOfCommonStock_6f0b97a5-8ba8-446d-bc5c-edd68767f6d0" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_ProceedsFromIssuanceOfCommonStock"/>
    <link:presentationArc order="3" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaap_ClassOfStockLineItems_682a138d-201d-4942-bfa1-33ecfffd2b41" xlink:to="loc_us-gaap_ProceedsFromIssuanceOfCommonStock_6f0b97a5-8ba8-446d-bc5c-edd68767f6d0" xlink:type="arc" preferredLabel="http://www.xbrl.org/2003/role/terseLabel"/>
    <link:loc xlink:type="locator" xlink:label="loc_us-gaap_PaymentsOfStockIssuanceCosts_114bc143-4f18-4037-9888-77a1e0b28b46" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_PaymentsOfStockIssuanceCosts"/>
    <link:presentationArc order="4" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaap_ClassOfStockLineItems_682a138d-201d-4942-bfa1-33ecfffd2b41" xlink:to="loc_us-gaap_PaymentsOfStockIssuanceCosts_114bc143-4f18-4037-9888-77a1e0b28b46" xlink:type="arc" preferredLabel="http://www.xbrl.org/2003/role/terseLabel"/>
    <link:loc xlink:type="locator" xlink:label="loc_frt_RemainingCapacityToIssue_d294ef87-f5ef-4a98-96c1-69cc2c4b37ad" xlink:href="frt-20250331.xsd#frt_RemainingCapacityToIssue"/>
    <link:presentationArc order="5" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaap_ClassOfStockLineItems_682a138d-201d-4942-bfa1-33ecfffd2b41" xlink:to="loc_frt_RemainingCapacityToIssue_d294ef87-f5ef-4a98-96c1-69cc2c4b37ad" xlink:type="arc" preferredLabel="http://www.xbrl.org/2003/role/terseLabel"/>
  </link:presentationLink>
  <link:roleRef roleURI="http://www.federalrealty.com/role/ShareBasedCompensationDetails" xlink:type="simple" xlink:href="frt-20250331.xsd#ShareBasedCompensationDetails"/>
  <link:presentationLink xlink:role="http://www.federalrealty.com/role/ShareBasedCompensationDetails" xlink:type="extended">
    <link:loc xlink:type="locator" xlink:label="loc_us-gaap_DisclosureOfCompensationRelatedCostsSharebasedPaymentsAbstract_4efbf8a2-ad11-4c6f-ab27-4c963389ba4d" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_DisclosureOfCompensationRelatedCostsSharebasedPaymentsAbstract"/>
    <link:loc xlink:type="locator" xlink:label="loc_us-gaap_ShareBasedCompensationAllocationAndClassificationInFinancialStatementsAbstract_d8150599-1772-4c5f-b0a0-6406f3373ec8" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_ShareBasedCompensationAllocationAndClassificationInFinancialStatementsAbstract"/>
    <link:presentationArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaap_DisclosureOfCompensationRelatedCostsSharebasedPaymentsAbstract_4efbf8a2-ad11-4c6f-ab27-4c963389ba4d" xlink:to="loc_us-gaap_ShareBasedCompensationAllocationAndClassificationInFinancialStatementsAbstract_d8150599-1772-4c5f-b0a0-6406f3373ec8" xlink:type="arc" preferredLabel="http://www.xbrl.org/2003/role/terseLabel"/>
    <link:loc xlink:type="locator" xlink:label="loc_us-gaap_AllocatedShareBasedCompensationExpense_a8d9793f-fdbb-4415-b6cf-732c75186f98" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_AllocatedShareBasedCompensationExpense"/>
    <link:presentationArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaap_ShareBasedCompensationAllocationAndClassificationInFinancialStatementsAbstract_d8150599-1772-4c5f-b0a0-6406f3373ec8" xlink:to="loc_us-gaap_AllocatedShareBasedCompensationExpense_a8d9793f-fdbb-4415-b6cf-732c75186f98" xlink:type="arc" preferredLabel="http://www.xbrl.org/2003/role/totalLabel"/>
    <link:loc xlink:type="locator" xlink:label="loc_us-gaap_EmployeeServiceShareBasedCompensationAllocationOfRecognizedPeriodCostsCapitalizedAmount_d1768520-aea0-442b-bf6d-b04ee52fe46f" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_EmployeeServiceShareBasedCompensationAllocationOfRecognizedPeriodCostsCapitalizedAmount"/>
    <link:presentationArc order="2" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaap_ShareBasedCompensationAllocationAndClassificationInFinancialStatementsAbstract_d8150599-1772-4c5f-b0a0-6406f3373ec8" xlink:to="loc_us-gaap_EmployeeServiceShareBasedCompensationAllocationOfRecognizedPeriodCostsCapitalizedAmount_d1768520-aea0-442b-bf6d-b04ee52fe46f" xlink:type="arc" preferredLabel="http://www.xbrl.org/2009/role/negatedTerseLabel"/>
    <link:loc xlink:type="locator" xlink:label="loc_us-gaap_ShareBasedCompensation_da3b3a25-44f8-4b72-9b10-ad6cdc9a1bc5" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_ShareBasedCompensation"/>
    <link:presentationArc order="3" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaap_ShareBasedCompensationAllocationAndClassificationInFinancialStatementsAbstract_d8150599-1772-4c5f-b0a0-6406f3373ec8" xlink:to="loc_us-gaap_ShareBasedCompensation_da3b3a25-44f8-4b72-9b10-ad6cdc9a1bc5" xlink:type="arc" preferredLabel="http://www.xbrl.org/2003/role/terseLabel"/>
  </link:presentationLink>
  <link:roleRef roleURI="http://www.federalrealty.com/role/EarningsPerShareAndUnitDetails" xlink:type="simple" xlink:href="frt-20250331.xsd#EarningsPerShareAndUnitDetails"/>
  <link:presentationLink xlink:role="http://www.federalrealty.com/role/EarningsPerShareAndUnitDetails" xlink:type="extended">
    <link:loc xlink:type="locator" xlink:label="loc_us-gaap_EarningsPerShareAbstract_1dcd0588-0027-4600-b7e5-2c23be02b175" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_EarningsPerShareAbstract"/>
    <link:loc xlink:type="locator" xlink:label="loc_us-gaap_StatementTable_5ad8995d-42c5-413f-8c8b-5880aaa68d26" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_StatementTable"/>
    <link:presentationArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaap_EarningsPerShareAbstract_1dcd0588-0027-4600-b7e5-2c23be02b175" xlink:to="loc_us-gaap_StatementTable_5ad8995d-42c5-413f-8c8b-5880aaa68d26" xlink:type="arc" preferredLabel="http://www.xbrl.org/2003/role/terseLabel"/>
    <link:loc xlink:type="locator" xlink:label="loc_frt_ShareTypeAxis_102d1d68-976a-4866-9203-c800f6bf5148" xlink:href="frt-20250331.xsd#frt_ShareTypeAxis"/>
    <link:presentationArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaap_StatementTable_5ad8995d-42c5-413f-8c8b-5880aaa68d26" xlink:to="loc_frt_ShareTypeAxis_102d1d68-976a-4866-9203-c800f6bf5148" xlink:type="arc" preferredLabel="http://www.xbrl.org/2003/role/terseLabel"/>
    <link:loc xlink:type="locator" xlink:label="loc_frt_ShareTypeDomain_c49a69f1-c063-4741-8a92-9fbffb613cff" xlink:href="frt-20250331.xsd#frt_ShareTypeDomain"/>
    <link:presentationArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_frt_ShareTypeAxis_102d1d68-976a-4866-9203-c800f6bf5148" xlink:to="loc_frt_ShareTypeDomain_c49a69f1-c063-4741-8a92-9fbffb613cff" xlink:type="arc" preferredLabel="http://www.xbrl.org/2003/role/terseLabel"/>
    <link:loc xlink:type="locator" xlink:label="loc_frt_StockOptionsMember_763e8106-709d-41cf-9c89-37eec996b249" xlink:href="frt-20250331.xsd#frt_StockOptionsMember"/>
    <link:presentationArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_frt_ShareTypeDomain_c49a69f1-c063-4741-8a92-9fbffb613cff" xlink:to="loc_frt_StockOptionsMember_763e8106-709d-41cf-9c89-37eec996b249" xlink:type="arc" preferredLabel="http://www.xbrl.org/2003/role/terseLabel"/>
    <link:loc xlink:type="locator" xlink:label="loc_frt_ForwardSalesContractsMember_5daaadb5-4f21-4129-bda4-6877e61348a8" xlink:href="frt-20250331.xsd#frt_ForwardSalesContractsMember"/>
    <link:presentationArc order="2" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_frt_ShareTypeDomain_c49a69f1-c063-4741-8a92-9fbffb613cff" xlink:to="loc_frt_ForwardSalesContractsMember_5daaadb5-4f21-4129-bda4-6877e61348a8" xlink:type="arc" preferredLabel="http://www.xbrl.org/2003/role/terseLabel"/>
    <link:loc xlink:type="locator" xlink:label="loc_us-gaap_SubsidiarySaleOfStockAxis_1dba3cc4-d002-49d5-bca3-cf9d19ae5f33" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_SubsidiarySaleOfStockAxis"/>
    <link:presentationArc order="2" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaap_StatementTable_5ad8995d-42c5-413f-8c8b-5880aaa68d26" xlink:to="loc_us-gaap_SubsidiarySaleOfStockAxis_1dba3cc4-d002-49d5-bca3-cf9d19ae5f33" xlink:type="arc" preferredLabel="http://www.xbrl.org/2003/role/terseLabel"/>
    <link:loc xlink:type="locator" xlink:label="loc_us-gaap_SaleOfStockNameOfTransactionDomain_b5f83c7d-5c1c-46ad-bb54-53280c136771" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_SaleOfStockNameOfTransactionDomain"/>
    <link:presentationArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaap_SubsidiarySaleOfStockAxis_1dba3cc4-d002-49d5-bca3-cf9d19ae5f33" xlink:to="loc_us-gaap_SaleOfStockNameOfTransactionDomain_b5f83c7d-5c1c-46ad-bb54-53280c136771" xlink:type="arc" preferredLabel="http://www.xbrl.org/2003/role/terseLabel"/>
    <link:loc xlink:type="locator" xlink:label="loc_us-gaap_StatementClassOfStockAxis_0297da6a-3619-49e2-a861-710b13b433c1" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_StatementClassOfStockAxis"/>
    <link:presentationArc order="3" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaap_StatementTable_5ad8995d-42c5-413f-8c8b-5880aaa68d26" xlink:to="loc_us-gaap_StatementClassOfStockAxis_0297da6a-3619-49e2-a861-710b13b433c1" xlink:type="arc" preferredLabel="http://www.xbrl.org/2003/role/terseLabel"/>
    <link:loc xlink:type="locator" xlink:label="loc_us-gaap_ClassOfStockDomain_f67c6b13-863c-434c-84b7-f80d1411fee2" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_ClassOfStockDomain"/>
    <link:presentationArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaap_StatementClassOfStockAxis_0297da6a-3619-49e2-a861-710b13b433c1" xlink:to="loc_us-gaap_ClassOfStockDomain_f67c6b13-863c-434c-84b7-f80d1411fee2" xlink:type="arc" preferredLabel="http://www.xbrl.org/2003/role/terseLabel"/>
    <link:loc xlink:type="locator" xlink:label="loc_frt_A5417Series1CumulativeConvertiblePreferredMember_82922af9-fe0b-485c-8254-0de802dca995" xlink:href="frt-20250331.xsd#frt_A5417Series1CumulativeConvertiblePreferredMember"/>
    <link:presentationArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaap_ClassOfStockDomain_f67c6b13-863c-434c-84b7-f80d1411fee2" xlink:to="loc_frt_A5417Series1CumulativeConvertiblePreferredMember_82922af9-fe0b-485c-8254-0de802dca995" xlink:type="arc" preferredLabel="http://www.xbrl.org/2003/role/verboseLabel"/>
    <link:loc xlink:type="locator" xlink:label="loc_frt_PreferredUnitsMember_1730b5c8-d979-4de9-b95d-3348b9dba8b2" xlink:href="frt-20250331.xsd#frt_PreferredUnitsMember"/>
    <link:presentationArc order="2" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaap_ClassOfStockDomain_f67c6b13-863c-434c-84b7-f80d1411fee2" xlink:to="loc_frt_PreferredUnitsMember_1730b5c8-d979-4de9-b95d-3348b9dba8b2" xlink:type="arc" preferredLabel="http://www.xbrl.org/2003/role/verboseLabel"/>
    <link:loc xlink:type="locator" xlink:label="loc_us-gaap_DebtInstrumentAxis_0fc33d8a-a84f-4e48-9b4a-6546e425aede" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_DebtInstrumentAxis"/>
    <link:presentationArc order="4" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaap_StatementTable_5ad8995d-42c5-413f-8c8b-5880aaa68d26" xlink:to="loc_us-gaap_DebtInstrumentAxis_0fc33d8a-a84f-4e48-9b4a-6546e425aede" xlink:type="arc" preferredLabel="http://www.xbrl.org/2003/role/terseLabel"/>
    <link:loc xlink:type="locator" xlink:label="loc_us-gaap_DebtInstrumentNameDomain_7bf58889-4d04-48d5-8eea-eac62d1f0d36" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_DebtInstrumentNameDomain"/>
    <link:presentationArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaap_DebtInstrumentAxis_0fc33d8a-a84f-4e48-9b4a-6546e425aede" xlink:to="loc_us-gaap_DebtInstrumentNameDomain_7bf58889-4d04-48d5-8eea-eac62d1f0d36" xlink:type="arc" preferredLabel="http://www.xbrl.org/2003/role/terseLabel"/>
    <link:loc xlink:type="locator" xlink:label="loc_frt_Senior3Point25PercentNotesMember_2c232417-03c4-4cbd-bdf9-06ff4bc0f3ba" xlink:href="frt-20250331.xsd#frt_Senior3Point25PercentNotesMember"/>
    <link:presentationArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaap_DebtInstrumentNameDomain_7bf58889-4d04-48d5-8eea-eac62d1f0d36" xlink:to="loc_frt_Senior3Point25PercentNotesMember_2c232417-03c4-4cbd-bdf9-06ff4bc0f3ba" xlink:type="arc" preferredLabel="http://www.xbrl.org/2003/role/terseLabel"/>
    <link:loc xlink:type="locator" xlink:label="loc_us-gaap_LongtermDebtTypeAxis_50471dab-c708-4e3c-b615-ed0a663fbf5d" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_LongtermDebtTypeAxis"/>
    <link:presentationArc order="5" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaap_StatementTable_5ad8995d-42c5-413f-8c8b-5880aaa68d26" xlink:to="loc_us-gaap_LongtermDebtTypeAxis_50471dab-c708-4e3c-b615-ed0a663fbf5d" xlink:type="arc" preferredLabel="http://www.xbrl.org/2003/role/terseLabel"/>
    <link:loc xlink:type="locator" xlink:label="loc_us-gaap_LongtermDebtTypeDomain_053ee33d-9938-425a-8471-290873dc3616" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_LongtermDebtTypeDomain"/>
    <link:presentationArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaap_LongtermDebtTypeAxis_50471dab-c708-4e3c-b615-ed0a663fbf5d" xlink:to="loc_us-gaap_LongtermDebtTypeDomain_053ee33d-9938-425a-8471-290873dc3616" xlink:type="arc" preferredLabel="http://www.xbrl.org/2003/role/terseLabel"/>
    <link:loc xlink:type="locator" xlink:label="loc_us-gaap_ConvertibleDebtMember_00bdf225-e05c-4ba9-b76f-839eaaa15e1a" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_ConvertibleDebtMember"/>
    <link:presentationArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaap_LongtermDebtTypeDomain_053ee33d-9938-425a-8471-290873dc3616" xlink:to="loc_us-gaap_ConvertibleDebtMember_00bdf225-e05c-4ba9-b76f-839eaaa15e1a" xlink:type="arc" preferredLabel="http://www.xbrl.org/2003/role/terseLabel"/>
    <link:loc xlink:type="locator" xlink:label="loc_srt_ConsolidatedEntitiesAxis_5a7fc555-3a12-48a9-8ff0-0bb1c5f4381f" xlink:href="https://xbrl.fasb.org/srt/2025/elts/srt-2025.xsd#srt_ConsolidatedEntitiesAxis"/>
    <link:presentationArc order="6" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaap_StatementTable_5ad8995d-42c5-413f-8c8b-5880aaa68d26" xlink:to="loc_srt_ConsolidatedEntitiesAxis_5a7fc555-3a12-48a9-8ff0-0bb1c5f4381f" xlink:type="arc" preferredLabel="http://www.xbrl.org/2003/role/terseLabel"/>
    <link:loc xlink:type="locator" xlink:label="loc_srt_ConsolidatedEntitiesDomain_a19ad950-577b-4551-b21e-ad04901d8a2d" xlink:href="https://xbrl.fasb.org/srt/2025/elts/srt-2025.xsd#srt_ConsolidatedEntitiesDomain"/>
    <link:presentationArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_srt_ConsolidatedEntitiesAxis_5a7fc555-3a12-48a9-8ff0-0bb1c5f4381f" xlink:to="loc_srt_ConsolidatedEntitiesDomain_a19ad950-577b-4551-b21e-ad04901d8a2d" xlink:type="arc" preferredLabel="http://www.xbrl.org/2003/role/terseLabel"/>
    <link:loc xlink:type="locator" xlink:label="loc_srt_PartnershipInterestMember_fd7d9d13-7447-4b41-bd54-72b381720244" xlink:href="https://xbrl.fasb.org/srt/2025/elts/srt-2025.xsd#srt_PartnershipInterestMember"/>
    <link:presentationArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_srt_ConsolidatedEntitiesDomain_a19ad950-577b-4551-b21e-ad04901d8a2d" xlink:to="loc_srt_PartnershipInterestMember_fd7d9d13-7447-4b41-bd54-72b381720244" xlink:type="arc" preferredLabel="http://www.xbrl.org/2003/role/terseLabel"/>
    <link:loc xlink:type="locator" xlink:label="loc_us-gaap_StatementLineItems_1be3cc5f-9555-4071-b6d9-b51218e4025d" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_StatementLineItems"/>
    <link:presentationArc order="7" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaap_StatementTable_5ad8995d-42c5-413f-8c8b-5880aaa68d26" xlink:to="loc_us-gaap_StatementLineItems_1be3cc5f-9555-4071-b6d9-b51218e4025d" xlink:type="arc" preferredLabel="http://www.xbrl.org/2003/role/terseLabel"/>
    <link:loc xlink:type="locator" xlink:label="loc_us-gaap_IncrementalCommonSharesAttributableToParticipatingNonvestedSharesWithNonForfeitableDividendRights_7d51a282-29b4-4d5e-9fc5-57281bdc02a5" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_IncrementalCommonSharesAttributableToParticipatingNonvestedSharesWithNonForfeitableDividendRights"/>
    <link:presentationArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaap_StatementLineItems_1be3cc5f-9555-4071-b6d9-b51218e4025d" xlink:to="loc_us-gaap_IncrementalCommonSharesAttributableToParticipatingNonvestedSharesWithNonForfeitableDividendRights_7d51a282-29b4-4d5e-9fc5-57281bdc02a5" xlink:type="arc" preferredLabel="http://www.xbrl.org/2003/role/terseLabel"/>
    <link:loc xlink:type="locator" xlink:label="loc_frt_IncrementalCommonUnitsAttributableToParticipatingNonvestedShares_b2a97f6f-de06-476e-bcc1-462375c0e2be" xlink:href="frt-20250331.xsd#frt_IncrementalCommonUnitsAttributableToParticipatingNonvestedShares"/>
    <link:presentationArc order="2" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaap_StatementLineItems_1be3cc5f-9555-4071-b6d9-b51218e4025d" xlink:to="loc_frt_IncrementalCommonUnitsAttributableToParticipatingNonvestedShares_b2a97f6f-de06-476e-bcc1-462375c0e2be" xlink:type="arc" preferredLabel="http://www.xbrl.org/2003/role/terseLabel"/>
    <link:loc xlink:type="locator" xlink:label="loc_us-gaap_AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount_fe68b542-11d4-4580-932c-ac10ce4cd3fa" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount"/>
    <link:presentationArc order="3" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaap_StatementLineItems_1be3cc5f-9555-4071-b6d9-b51218e4025d" xlink:to="loc_us-gaap_AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount_fe68b542-11d4-4580-932c-ac10ce4cd3fa" xlink:type="arc" preferredLabel="http://www.xbrl.org/2003/role/terseLabel"/>
    <link:loc xlink:type="locator" xlink:label="loc_frt_AntidilutiveSecuritiesExcludedFromComputationOfNetIncomePerOutstandingUnitUnits_776cdbe8-9213-45ce-8148-f59086a84912" xlink:href="frt-20250331.xsd#frt_AntidilutiveSecuritiesExcludedFromComputationOfNetIncomePerOutstandingUnitUnits"/>
    <link:presentationArc order="4" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaap_StatementLineItems_1be3cc5f-9555-4071-b6d9-b51218e4025d" xlink:to="loc_frt_AntidilutiveSecuritiesExcludedFromComputationOfNetIncomePerOutstandingUnitUnits_776cdbe8-9213-45ce-8148-f59086a84912" xlink:type="arc" preferredLabel="http://www.xbrl.org/2003/role/terseLabel"/>
    <link:loc xlink:type="locator" xlink:label="loc_us-gaap_PreferredStockDividendRatePercentage_e376a3f3-b449-4aac-aac8-72c510dba1e9" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_PreferredStockDividendRatePercentage"/>
    <link:presentationArc order="5" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaap_StatementLineItems_1be3cc5f-9555-4071-b6d9-b51218e4025d" xlink:to="loc_us-gaap_PreferredStockDividendRatePercentage_e376a3f3-b449-4aac-aac8-72c510dba1e9" xlink:type="arc" preferredLabel="http://www.xbrl.org/2003/role/terseLabel"/>
    <link:loc xlink:type="locator" xlink:label="loc_frt_PreferredUnitDistributionRatePercentage_8839e883-8392-4ed2-9111-c596694af34a" xlink:href="frt-20250331.xsd#frt_PreferredUnitDistributionRatePercentage"/>
    <link:presentationArc order="6" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaap_StatementLineItems_1be3cc5f-9555-4071-b6d9-b51218e4025d" xlink:to="loc_frt_PreferredUnitDistributionRatePercentage_8839e883-8392-4ed2-9111-c596694af34a" xlink:type="arc" preferredLabel="http://www.xbrl.org/2003/role/terseLabel"/>
    <link:loc xlink:type="locator" xlink:label="loc_us-gaap_DebtInstrumentInterestRateStatedPercentage_ab33f5a0-3ef2-4f7a-a9ae-04717295c76b" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_DebtInstrumentInterestRateStatedPercentage"/>
    <link:presentationArc order="7" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaap_StatementLineItems_1be3cc5f-9555-4071-b6d9-b51218e4025d" xlink:to="loc_us-gaap_DebtInstrumentInterestRateStatedPercentage_ab33f5a0-3ef2-4f7a-a9ae-04717295c76b" xlink:type="arc" preferredLabel="http://www.xbrl.org/2003/role/terseLabel"/>
  </link:presentationLink>
  <link:roleRef roleURI="http://www.federalrealty.com/role/EarningsPerShareAndUnitScheduleOfEarningsPerShareDetails" xlink:type="simple" xlink:href="frt-20250331.xsd#EarningsPerShareAndUnitScheduleOfEarningsPerShareDetails"/>
  <link:presentationLink xlink:role="http://www.federalrealty.com/role/EarningsPerShareAndUnitScheduleOfEarningsPerShareDetails" xlink:type="extended">
    <link:loc xlink:type="locator" xlink:label="loc_us-gaap_EarningsPerShareAbstract_6d97e5cb-09e3-4b2e-b82f-ec7ba2dac0a8" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_EarningsPerShareAbstract"/>
    <link:loc xlink:type="locator" xlink:label="loc_us-gaap_StatementTable_72ffd73b-9c1a-4e63-bc2d-9fe56be31f0f" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_StatementTable"/>
    <link:presentationArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaap_EarningsPerShareAbstract_6d97e5cb-09e3-4b2e-b82f-ec7ba2dac0a8" xlink:to="loc_us-gaap_StatementTable_72ffd73b-9c1a-4e63-bc2d-9fe56be31f0f" xlink:type="arc" preferredLabel="http://www.xbrl.org/2003/role/terseLabel"/>
    <link:loc xlink:type="locator" xlink:label="loc_srt_ConsolidatedEntitiesAxis_5ddb427c-451f-472d-bd0f-18cb1bda7572" xlink:href="https://xbrl.fasb.org/srt/2025/elts/srt-2025.xsd#srt_ConsolidatedEntitiesAxis"/>
    <link:presentationArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaap_StatementTable_72ffd73b-9c1a-4e63-bc2d-9fe56be31f0f" xlink:to="loc_srt_ConsolidatedEntitiesAxis_5ddb427c-451f-472d-bd0f-18cb1bda7572" xlink:type="arc" preferredLabel="http://www.xbrl.org/2003/role/terseLabel"/>
    <link:loc xlink:type="locator" xlink:label="loc_srt_ConsolidatedEntitiesDomain_b9a0b81e-c450-44cf-ae10-6d0c11e095e4" xlink:href="https://xbrl.fasb.org/srt/2025/elts/srt-2025.xsd#srt_ConsolidatedEntitiesDomain"/>
    <link:presentationArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_srt_ConsolidatedEntitiesAxis_5ddb427c-451f-472d-bd0f-18cb1bda7572" xlink:to="loc_srt_ConsolidatedEntitiesDomain_b9a0b81e-c450-44cf-ae10-6d0c11e095e4" xlink:type="arc" preferredLabel="http://www.xbrl.org/2003/role/terseLabel"/>
    <link:loc xlink:type="locator" xlink:label="loc_srt_PartnershipInterestMember_467ac81f-a2d0-40f0-856b-7bd3fb05f30a" xlink:href="https://xbrl.fasb.org/srt/2025/elts/srt-2025.xsd#srt_PartnershipInterestMember"/>
    <link:presentationArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_srt_ConsolidatedEntitiesDomain_b9a0b81e-c450-44cf-ae10-6d0c11e095e4" xlink:to="loc_srt_PartnershipInterestMember_467ac81f-a2d0-40f0-856b-7bd3fb05f30a" xlink:type="arc" preferredLabel="http://www.xbrl.org/2003/role/terseLabel"/>
    <link:loc xlink:type="locator" xlink:label="loc_us-gaap_StatementClassOfStockAxis_02290987-2390-4a47-a757-7c21ed845af4" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_StatementClassOfStockAxis"/>
    <link:presentationArc order="2" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaap_StatementTable_72ffd73b-9c1a-4e63-bc2d-9fe56be31f0f" xlink:to="loc_us-gaap_StatementClassOfStockAxis_02290987-2390-4a47-a757-7c21ed845af4" xlink:type="arc" preferredLabel="http://www.xbrl.org/2003/role/terseLabel"/>
    <link:loc xlink:type="locator" xlink:label="loc_us-gaap_ClassOfStockDomain_972563cb-1123-4438-9a03-03454f39fc83" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_ClassOfStockDomain"/>
    <link:presentationArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaap_StatementClassOfStockAxis_02290987-2390-4a47-a757-7c21ed845af4" xlink:to="loc_us-gaap_ClassOfStockDomain_972563cb-1123-4438-9a03-03454f39fc83" xlink:type="arc" preferredLabel="http://www.xbrl.org/2003/role/terseLabel"/>
    <link:loc xlink:type="locator" xlink:label="loc_frt_A5417Series1CumulativeConvertiblePreferredMember_425f4221-39de-4011-8295-5b7850c47ccf" xlink:href="frt-20250331.xsd#frt_A5417Series1CumulativeConvertiblePreferredMember"/>
    <link:presentationArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaap_ClassOfStockDomain_972563cb-1123-4438-9a03-03454f39fc83" xlink:to="loc_frt_A5417Series1CumulativeConvertiblePreferredMember_425f4221-39de-4011-8295-5b7850c47ccf" xlink:type="arc" preferredLabel="http://www.xbrl.org/2003/role/verboseLabel"/>
    <link:loc xlink:type="locator" xlink:label="loc_frt_PreferredUnitsMember_f566aafd-3578-46e8-9877-9b61610f0599" xlink:href="frt-20250331.xsd#frt_PreferredUnitsMember"/>
    <link:presentationArc order="2" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaap_ClassOfStockDomain_972563cb-1123-4438-9a03-03454f39fc83" xlink:to="loc_frt_PreferredUnitsMember_f566aafd-3578-46e8-9877-9b61610f0599" xlink:type="arc" preferredLabel="http://www.xbrl.org/2003/role/terseLabel"/>
    <link:loc xlink:type="locator" xlink:label="loc_us-gaap_StatementLineItems_48a7ef02-0e28-49a5-bfed-e9bf8b656c1d" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_StatementLineItems"/>
    <link:presentationArc order="3" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaap_StatementTable_72ffd73b-9c1a-4e63-bc2d-9fe56be31f0f" xlink:to="loc_us-gaap_StatementLineItems_48a7ef02-0e28-49a5-bfed-e9bf8b656c1d" xlink:type="arc" preferredLabel="http://www.xbrl.org/2003/role/terseLabel"/>
    <link:loc xlink:type="locator" xlink:label="loc_us-gaap_ProfitLoss_ee6d6975-77a0-4ef0-82b1-8f0e30753dca" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_ProfitLoss"/>
    <link:presentationArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaap_StatementLineItems_48a7ef02-0e28-49a5-bfed-e9bf8b656c1d" xlink:to="loc_us-gaap_ProfitLoss_ee6d6975-77a0-4ef0-82b1-8f0e30753dca" xlink:type="arc" preferredLabel="http://www.xbrl.org/2003/role/terseLabel"/>
    <link:loc xlink:type="locator" xlink:label="loc_us-gaap_PreferredStockDividendsIncomeStatementImpact_3371f808-1bfa-46cc-9773-df94b2e0bbf0" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_PreferredStockDividendsIncomeStatementImpact"/>
    <link:presentationArc order="2" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaap_StatementLineItems_48a7ef02-0e28-49a5-bfed-e9bf8b656c1d" xlink:to="loc_us-gaap_PreferredStockDividendsIncomeStatementImpact_3371f808-1bfa-46cc-9773-df94b2e0bbf0" xlink:type="arc" preferredLabel="http://www.xbrl.org/2009/role/negatedLabel"/>
    <link:loc xlink:type="locator" xlink:label="loc_frt_DistributionsDeclaredToPreferredUnitHolders_2f3cd9b9-39c6-4059-8264-39e1c6b500be" xlink:href="frt-20250331.xsd#frt_DistributionsDeclaredToPreferredUnitHolders"/>
    <link:presentationArc order="3" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaap_StatementLineItems_48a7ef02-0e28-49a5-bfed-e9bf8b656c1d" xlink:to="loc_frt_DistributionsDeclaredToPreferredUnitHolders_2f3cd9b9-39c6-4059-8264-39e1c6b500be" xlink:type="arc" preferredLabel="http://www.xbrl.org/2009/role/negatedLabel"/>
    <link:loc xlink:type="locator" xlink:label="loc_us-gaap_NetIncomeLossAttributableToNoncontrollingInterest_2a91a203-2d70-40fa-9202-86287bc9ea93" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_NetIncomeLossAttributableToNoncontrollingInterest"/>
    <link:presentationArc order="4" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaap_StatementLineItems_48a7ef02-0e28-49a5-bfed-e9bf8b656c1d" xlink:to="loc_us-gaap_NetIncomeLossAttributableToNoncontrollingInterest_2a91a203-2d70-40fa-9202-86287bc9ea93" xlink:type="arc" preferredLabel="http://www.xbrl.org/2009/role/negatedTerseLabel"/>
    <link:loc xlink:type="locator" xlink:label="loc_frt_EarningsAllocatedToUnvestedShares_0d13f0d4-575a-47d9-9ea0-0e091c042bd3" xlink:href="frt-20250331.xsd#frt_EarningsAllocatedToUnvestedShares"/>
    <link:presentationArc order="5" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaap_StatementLineItems_48a7ef02-0e28-49a5-bfed-e9bf8b656c1d" xlink:to="loc_frt_EarningsAllocatedToUnvestedShares_0d13f0d4-575a-47d9-9ea0-0e091c042bd3" xlink:type="arc" preferredLabel="http://www.xbrl.org/2009/role/negatedLabel"/>
    <link:loc xlink:type="locator" xlink:label="loc_frt_EarningsAllocatedToUnvestedUnits_a048fe19-cb14-4892-aac0-41f1f14b74ef" xlink:href="frt-20250331.xsd#frt_EarningsAllocatedToUnvestedUnits"/>
    <link:presentationArc order="6" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaap_StatementLineItems_48a7ef02-0e28-49a5-bfed-e9bf8b656c1d" xlink:to="loc_frt_EarningsAllocatedToUnvestedUnits_a048fe19-cb14-4892-aac0-41f1f14b74ef" xlink:type="arc" preferredLabel="http://www.xbrl.org/2009/role/negatedLabel"/>
    <link:loc xlink:type="locator" xlink:label="loc_frt_NetIncomeAvailableForCommonShareholdersBasic_c10fd4d2-44f9-4f5c-8614-e3706f45ef76" xlink:href="frt-20250331.xsd#frt_NetIncomeAvailableForCommonShareholdersBasic"/>
    <link:presentationArc order="7" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaap_StatementLineItems_48a7ef02-0e28-49a5-bfed-e9bf8b656c1d" xlink:to="loc_frt_NetIncomeAvailableForCommonShareholdersBasic_c10fd4d2-44f9-4f5c-8614-e3706f45ef76" xlink:type="arc" preferredLabel="http://www.xbrl.org/2003/role/terseLabel"/>
    <link:loc xlink:type="locator" xlink:label="loc_us-gaap_NetIncomeLossAvailableToCommonStockholdersDiluted_38e74ef1-849e-44a8-9194-a302e4df4f5c" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_NetIncomeLossAvailableToCommonStockholdersDiluted"/>
    <link:presentationArc order="8" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaap_StatementLineItems_48a7ef02-0e28-49a5-bfed-e9bf8b656c1d" xlink:to="loc_us-gaap_NetIncomeLossAvailableToCommonStockholdersDiluted_38e74ef1-849e-44a8-9194-a302e4df4f5c" xlink:type="arc" preferredLabel="http://www.xbrl.org/2003/role/terseLabel"/>
    <link:loc xlink:type="locator" xlink:label="loc_frt_NetIncomeAvailableForCommonUnitHoldersBasic_4f10dd75-882b-4f1a-8f26-1c7edcd8ef62" xlink:href="frt-20250331.xsd#frt_NetIncomeAvailableForCommonUnitHoldersBasic"/>
    <link:presentationArc order="9" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaap_StatementLineItems_48a7ef02-0e28-49a5-bfed-e9bf8b656c1d" xlink:to="loc_frt_NetIncomeAvailableForCommonUnitHoldersBasic_4f10dd75-882b-4f1a-8f26-1c7edcd8ef62" xlink:type="arc" preferredLabel="http://www.xbrl.org/2003/role/terseLabel"/>
    <link:loc xlink:type="locator" xlink:label="loc_frt_NetIncomeAvailableForCommonUnitHoldersDiluted_0e3dc6cc-4e90-448f-a00e-735074aeee4a" xlink:href="frt-20250331.xsd#frt_NetIncomeAvailableForCommonUnitHoldersDiluted"/>
    <link:presentationArc order="10" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaap_StatementLineItems_48a7ef02-0e28-49a5-bfed-e9bf8b656c1d" xlink:to="loc_frt_NetIncomeAvailableForCommonUnitHoldersDiluted_0e3dc6cc-4e90-448f-a00e-735074aeee4a" xlink:type="arc" preferredLabel="http://www.xbrl.org/2003/role/terseLabel"/>
    <link:loc xlink:type="locator" xlink:label="loc_us-gaap_WeightedAverageNumberOfSharesOutstandingBasic_326be4e6-6fb4-4960-ab1b-63a67ba12d59" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_WeightedAverageNumberOfSharesOutstandingBasic"/>
    <link:presentationArc order="11" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaap_StatementLineItems_48a7ef02-0e28-49a5-bfed-e9bf8b656c1d" xlink:to="loc_us-gaap_WeightedAverageNumberOfSharesOutstandingBasic_326be4e6-6fb4-4960-ab1b-63a67ba12d59" xlink:type="arc" preferredLabel="http://www.xbrl.org/2003/role/verboseLabel"/>
    <link:loc xlink:type="locator" xlink:label="loc_us-gaap_WeightedAverageNumberOfDilutedSharesOutstanding_bee001c4-339a-407f-b414-ceae6a51e358" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_WeightedAverageNumberOfDilutedSharesOutstanding"/>
    <link:presentationArc order="12" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaap_StatementLineItems_48a7ef02-0e28-49a5-bfed-e9bf8b656c1d" xlink:to="loc_us-gaap_WeightedAverageNumberOfDilutedSharesOutstanding_bee001c4-339a-407f-b414-ceae6a51e358" xlink:type="arc" preferredLabel="http://www.xbrl.org/2003/role/verboseLabel"/>
    <link:loc xlink:type="locator" xlink:label="loc_us-gaap_WeightedAverageLimitedPartnershipAndGeneralPartnershipUnitsOutstandingBasic_c232c6c2-3467-4e24-8080-b7d07deaabc8" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_WeightedAverageLimitedPartnershipAndGeneralPartnershipUnitsOutstandingBasic"/>
    <link:presentationArc order="13" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaap_StatementLineItems_48a7ef02-0e28-49a5-bfed-e9bf8b656c1d" xlink:to="loc_us-gaap_WeightedAverageLimitedPartnershipAndGeneralPartnershipUnitsOutstandingBasic_c232c6c2-3467-4e24-8080-b7d07deaabc8" xlink:type="arc" preferredLabel="http://www.xbrl.org/2003/role/verboseLabel"/>
    <link:loc xlink:type="locator" xlink:label="loc_frt_WeightedAverageNumberPartnershipUnitsOutstandingDiluted_87e9fd9b-f7ae-492f-b8f4-e4295d444b67" xlink:href="frt-20250331.xsd#frt_WeightedAverageNumberPartnershipUnitsOutstandingDiluted"/>
    <link:presentationArc order="14" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaap_StatementLineItems_48a7ef02-0e28-49a5-bfed-e9bf8b656c1d" xlink:to="loc_frt_WeightedAverageNumberPartnershipUnitsOutstandingDiluted_87e9fd9b-f7ae-492f-b8f4-e4295d444b67" xlink:type="arc" preferredLabel="http://www.xbrl.org/2003/role/terseLabel"/>
    <link:loc xlink:type="locator" xlink:label="loc_us-gaap_EarningsPerShareReconciliationAbstract_94ac549e-222f-45de-a7b5-87ca10a56ac9" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_EarningsPerShareReconciliationAbstract"/>
    <link:presentationArc order="15" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaap_StatementLineItems_48a7ef02-0e28-49a5-bfed-e9bf8b656c1d" xlink:to="loc_us-gaap_EarningsPerShareReconciliationAbstract_94ac549e-222f-45de-a7b5-87ca10a56ac9" xlink:type="arc" preferredLabel="http://www.xbrl.org/2003/role/terseLabel"/>
    <link:loc xlink:type="locator" xlink:label="loc_us-gaap_EarningsPerShareBasic_766ca403-4695-4d5a-a5c5-2ca6d70cafb7" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_EarningsPerShareBasic"/>
    <link:presentationArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaap_EarningsPerShareReconciliationAbstract_94ac549e-222f-45de-a7b5-87ca10a56ac9" xlink:to="loc_us-gaap_EarningsPerShareBasic_766ca403-4695-4d5a-a5c5-2ca6d70cafb7" xlink:type="arc" preferredLabel="http://www.xbrl.org/2003/role/terseLabel"/>
    <link:loc xlink:type="locator" xlink:label="loc_us-gaap_EarningsPerShareDiluted_e5fe5f05-df30-49ef-a1de-4a660d549a3f" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_EarningsPerShareDiluted"/>
    <link:presentationArc order="2" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaap_EarningsPerShareReconciliationAbstract_94ac549e-222f-45de-a7b5-87ca10a56ac9" xlink:to="loc_us-gaap_EarningsPerShareDiluted_e5fe5f05-df30-49ef-a1de-4a660d549a3f" xlink:type="arc" preferredLabel="http://www.xbrl.org/2003/role/terseLabel"/>
    <link:loc xlink:type="locator" xlink:label="loc_frt_EARNINGSPERCOMMONUNITBASICAbstract_158a6dc7-04d8-4ff4-bed8-504c03597527" xlink:href="frt-20250331.xsd#frt_EARNINGSPERCOMMONUNITBASICAbstract"/>
    <link:presentationArc order="16" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaap_StatementLineItems_48a7ef02-0e28-49a5-bfed-e9bf8b656c1d" xlink:to="loc_frt_EARNINGSPERCOMMONUNITBASICAbstract_158a6dc7-04d8-4ff4-bed8-504c03597527" xlink:type="arc" preferredLabel="http://www.xbrl.org/2003/role/terseLabel"/>
    <link:loc xlink:type="locator" xlink:label="loc_us-gaap_IncomeLossFromContinuingOperationsPerOutstandingGeneralPartnershipUnitNetOfTax_3cd2c0bf-468d-48da-a23f-a98b34c1947a" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_IncomeLossFromContinuingOperationsPerOutstandingGeneralPartnershipUnitNetOfTax"/>
    <link:presentationArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_frt_EARNINGSPERCOMMONUNITBASICAbstract_158a6dc7-04d8-4ff4-bed8-504c03597527" xlink:to="loc_us-gaap_IncomeLossFromContinuingOperationsPerOutstandingGeneralPartnershipUnitNetOfTax_3cd2c0bf-468d-48da-a23f-a98b34c1947a" xlink:type="arc" preferredLabel="http://www.xbrl.org/2003/role/terseLabel"/>
    <link:loc xlink:type="locator" xlink:label="loc_frt_NetIncomeLossPerOutstandingLimitedPartnershipAndGeneralPartnershipUnitDilutedNetOfTax_50390cd3-28fc-496d-9958-83680556cad3" xlink:href="frt-20250331.xsd#frt_NetIncomeLossPerOutstandingLimitedPartnershipAndGeneralPartnershipUnitDilutedNetOfTax"/>
    <link:presentationArc order="2" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_frt_EARNINGSPERCOMMONUNITBASICAbstract_158a6dc7-04d8-4ff4-bed8-504c03597527" xlink:to="loc_frt_NetIncomeLossPerOutstandingLimitedPartnershipAndGeneralPartnershipUnitDilutedNetOfTax_50390cd3-28fc-496d-9958-83680556cad3" xlink:type="arc" preferredLabel="http://www.xbrl.org/2003/role/terseLabel"/>
  </link:presentationLink>
  <link:roleRef roleURI="http://www.federalrealty.com/role/SubsequentEventDetails" xlink:type="simple" xlink:href="frt-20250331.xsd#SubsequentEventDetails"/>
  <link:presentationLink xlink:role="http://www.federalrealty.com/role/SubsequentEventDetails" xlink:type="extended">
    <link:loc xlink:type="locator" xlink:label="loc_us-gaap_SubsequentEventsAbstract_991ac441-e0b4-40dd-afc6-1348cc9bd06e" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_SubsequentEventsAbstract"/>
    <link:loc xlink:type="locator" xlink:label="loc_us-gaap_SubsequentEventTable_a3fb8407-5fca-473b-b36e-b52b79ff2c70" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_SubsequentEventTable"/>
    <link:presentationArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaap_SubsequentEventsAbstract_991ac441-e0b4-40dd-afc6-1348cc9bd06e" xlink:to="loc_us-gaap_SubsequentEventTable_a3fb8407-5fca-473b-b36e-b52b79ff2c70" xlink:type="arc" preferredLabel="http://www.xbrl.org/2003/role/terseLabel"/>
    <link:loc xlink:type="locator" xlink:label="loc_us-gaap_SubsequentEventTypeAxis_55a1a0f9-b54b-41ad-bfbb-866c51369452" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_SubsequentEventTypeAxis"/>
    <link:presentationArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaap_SubsequentEventTable_a3fb8407-5fca-473b-b36e-b52b79ff2c70" xlink:to="loc_us-gaap_SubsequentEventTypeAxis_55a1a0f9-b54b-41ad-bfbb-866c51369452" xlink:type="arc" preferredLabel="http://www.xbrl.org/2003/role/terseLabel"/>
    <link:loc xlink:type="locator" xlink:label="loc_us-gaap_SubsequentEventTypeDomain_3d91e848-6aaa-408f-868e-1a12b4290c2f" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_SubsequentEventTypeDomain"/>
    <link:presentationArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaap_SubsequentEventTypeAxis_55a1a0f9-b54b-41ad-bfbb-866c51369452" xlink:to="loc_us-gaap_SubsequentEventTypeDomain_3d91e848-6aaa-408f-868e-1a12b4290c2f" xlink:type="arc" preferredLabel="http://www.xbrl.org/2003/role/terseLabel"/>
    <link:loc xlink:type="locator" xlink:label="loc_us-gaap_SubsequentEventMember_1e0416df-5faa-478a-aea0-c8be4d0510bd" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_SubsequentEventMember"/>
    <link:presentationArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaap_SubsequentEventTypeDomain_3d91e848-6aaa-408f-868e-1a12b4290c2f" xlink:to="loc_us-gaap_SubsequentEventMember_1e0416df-5faa-478a-aea0-c8be4d0510bd" xlink:type="arc" preferredLabel="http://www.xbrl.org/2003/role/terseLabel"/>
    <link:loc xlink:type="locator" xlink:label="loc_us-gaap_SubsequentEventLineItems_bf515f83-6554-4228-bb34-1e2c90e72371" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_SubsequentEventLineItems"/>
    <link:presentationArc order="2" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaap_SubsequentEventTable_a3fb8407-5fca-473b-b36e-b52b79ff2c70" xlink:to="loc_us-gaap_SubsequentEventLineItems_bf515f83-6554-4228-bb34-1e2c90e72371" xlink:type="arc" preferredLabel="http://www.xbrl.org/2003/role/terseLabel"/>
    <link:loc xlink:type="locator" xlink:label="loc_srt_StockRepurchaseProgramAuthorizedAmount1_3356dfdc-c37a-4b72-836f-ceb9510885a7" xlink:href="https://xbrl.fasb.org/srt/2025/elts/srt-2025.xsd#srt_StockRepurchaseProgramAuthorizedAmount1"/>
    <link:presentationArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaap_SubsequentEventLineItems_bf515f83-6554-4228-bb34-1e2c90e72371" xlink:to="loc_srt_StockRepurchaseProgramAuthorizedAmount1_3356dfdc-c37a-4b72-836f-ceb9510885a7" xlink:type="arc" preferredLabel="http://www.xbrl.org/2003/role/terseLabel"/>
    <link:loc xlink:type="locator" xlink:label="loc_us-gaap_CommonStockParOrStatedValuePerShare_39127093-2e7a-4101-a0f2-4f6f8735a4ab" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_CommonStockParOrStatedValuePerShare"/>
    <link:presentationArc order="2" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaap_SubsequentEventLineItems_bf515f83-6554-4228-bb34-1e2c90e72371" xlink:to="loc_us-gaap_CommonStockParOrStatedValuePerShare_39127093-2e7a-4101-a0f2-4f6f8735a4ab" xlink:type="arc" preferredLabel="http://www.xbrl.org/2003/role/terseLabel"/>
    <link:loc xlink:type="locator" xlink:label="loc_us-gaap_StockRepurchasedAndRetiredDuringPeriodShares_b4e558a9-8dd7-4820-9651-557913ea498f" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_StockRepurchasedAndRetiredDuringPeriodShares"/>
    <link:presentationArc order="3" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaap_SubsequentEventLineItems_bf515f83-6554-4228-bb34-1e2c90e72371" xlink:to="loc_us-gaap_StockRepurchasedAndRetiredDuringPeriodShares_b4e558a9-8dd7-4820-9651-557913ea498f" xlink:type="arc" preferredLabel="http://www.xbrl.org/2003/role/terseLabel"/>
  </link:presentationLink>
</link:linkbase>
