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

<!--XBRL Document Created with the Workiva Platform-->
<!--Copyright 2024 Workiva-->
<!--r:d6eedb94-cfa9-4a19-a37b-8d19f5d5efce,g:847cec23-1d0d-4edc-9ec9-746ee682433a-->
<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-20240930.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_67db84b8-6ac8-41c2-b82a-5f54815f291b" xlink:href="https://xbrl.sec.gov/dei/2024/dei-2024.xsd#dei_CoverAbstract"/>
    <link:loc xlink:type="locator" xlink:label="loc_dei_EntitiesTable_2eb70c6e-19a6-4e38-af4d-aa97d8ec804d" xlink:href="https://xbrl.sec.gov/dei/2024/dei-2024.xsd#dei_EntitiesTable"/>
    <link:presentationArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_dei_CoverAbstract_67db84b8-6ac8-41c2-b82a-5f54815f291b" xlink:to="loc_dei_EntitiesTable_2eb70c6e-19a6-4e38-af4d-aa97d8ec804d" xlink:type="arc" preferredLabel="http://www.xbrl.org/2003/role/terseLabel"/>
    <link:loc xlink:type="locator" xlink:label="loc_dei_EntityListingsExchangeAxis_0d08ab1a-cfed-4634-9aaa-b7ec3ef69310" xlink:href="https://xbrl.sec.gov/dei/2024/dei-2024.xsd#dei_EntityListingsExchangeAxis"/>
    <link:presentationArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_dei_EntitiesTable_2eb70c6e-19a6-4e38-af4d-aa97d8ec804d" xlink:to="loc_dei_EntityListingsExchangeAxis_0d08ab1a-cfed-4634-9aaa-b7ec3ef69310" xlink:type="arc" preferredLabel="http://www.xbrl.org/2003/role/terseLabel"/>
    <link:loc xlink:type="locator" xlink:label="loc_dei_ExchangeDomain_4d4c6bd1-9b93-49a7-b1cd-2ec2867c9a67" xlink:href="https://xbrl.sec.gov/dei/2024/dei-2024.xsd#dei_ExchangeDomain"/>
    <link:presentationArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_dei_EntityListingsExchangeAxis_0d08ab1a-cfed-4634-9aaa-b7ec3ef69310" xlink:to="loc_dei_ExchangeDomain_4d4c6bd1-9b93-49a7-b1cd-2ec2867c9a67" xlink:type="arc" preferredLabel="http://www.xbrl.org/2003/role/terseLabel"/>
    <link:loc xlink:type="locator" xlink:label="loc_exch_XNYS_e4663282-eb39-4c0f-9de7-35173867386d" xlink:href="https://xbrl.sec.gov/exch/2024/exch-2024.xsd#exch_XNYS"/>
    <link:presentationArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_dei_ExchangeDomain_4d4c6bd1-9b93-49a7-b1cd-2ec2867c9a67" xlink:to="loc_exch_XNYS_e4663282-eb39-4c0f-9de7-35173867386d" xlink:type="arc" preferredLabel="http://www.xbrl.org/2003/role/terseLabel"/>
    <link:loc xlink:type="locator" xlink:label="loc_us-gaap_StatementClassOfStockAxis_37f872c0-c287-4671-9e90-37cbfb72c551" xlink:href="https://xbrl.fasb.org/us-gaap/2024/elts/us-gaap-2024.xsd#us-gaap_StatementClassOfStockAxis"/>
    <link:presentationArc order="2" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_dei_EntitiesTable_2eb70c6e-19a6-4e38-af4d-aa97d8ec804d" xlink:to="loc_us-gaap_StatementClassOfStockAxis_37f872c0-c287-4671-9e90-37cbfb72c551" xlink:type="arc" preferredLabel="http://www.xbrl.org/2003/role/terseLabel"/>
    <link:loc xlink:type="locator" xlink:label="loc_us-gaap_ClassOfStockDomain_0abc15e3-5959-410e-8b5b-dd164db3b4cb" xlink:href="https://xbrl.fasb.org/us-gaap/2024/elts/us-gaap-2024.xsd#us-gaap_ClassOfStockDomain"/>
    <link:presentationArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaap_StatementClassOfStockAxis_37f872c0-c287-4671-9e90-37cbfb72c551" xlink:to="loc_us-gaap_ClassOfStockDomain_0abc15e3-5959-410e-8b5b-dd164db3b4cb" xlink:type="arc" preferredLabel="http://www.xbrl.org/2003/role/terseLabel"/>
    <link:loc xlink:type="locator" xlink:label="loc_us-gaap_CommonStockMember_bd3bc90b-7dcb-4e37-ae19-035bbec24aaf" xlink:href="https://xbrl.fasb.org/us-gaap/2024/elts/us-gaap-2024.xsd#us-gaap_CommonStockMember"/>
    <link:presentationArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaap_ClassOfStockDomain_0abc15e3-5959-410e-8b5b-dd164db3b4cb" xlink:to="loc_us-gaap_CommonStockMember_bd3bc90b-7dcb-4e37-ae19-035bbec24aaf" xlink:type="arc" preferredLabel="http://www.xbrl.org/2003/role/verboseLabel"/>
    <link:loc xlink:type="locator" xlink:label="loc_frt_DepositarySharesMember_47b251f7-6ed0-450e-aa7f-cb783021a91f" xlink:href="frt-20240930.xsd#frt_DepositarySharesMember"/>
    <link:presentationArc order="2" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaap_ClassOfStockDomain_0abc15e3-5959-410e-8b5b-dd164db3b4cb" xlink:to="loc_frt_DepositarySharesMember_47b251f7-6ed0-450e-aa7f-cb783021a91f" xlink:type="arc" preferredLabel="http://www.xbrl.org/2003/role/terseLabel"/>
    <link:loc xlink:type="locator" xlink:label="loc_dei_LegalEntityAxis_9e03d52e-c0f0-48a3-941e-bffbff1adca3" xlink:href="https://xbrl.sec.gov/dei/2024/dei-2024.xsd#dei_LegalEntityAxis"/>
    <link:presentationArc order="3" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_dei_EntitiesTable_2eb70c6e-19a6-4e38-af4d-aa97d8ec804d" xlink:to="loc_dei_LegalEntityAxis_9e03d52e-c0f0-48a3-941e-bffbff1adca3" xlink:type="arc" preferredLabel="http://www.xbrl.org/2003/role/terseLabel"/>
    <link:loc xlink:type="locator" xlink:label="loc_dei_EntityDomain_370cb8ef-e478-4848-bc6d-107fb80bb02c" xlink:href="https://xbrl.sec.gov/dei/2024/dei-2024.xsd#dei_EntityDomain"/>
    <link:presentationArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_dei_LegalEntityAxis_9e03d52e-c0f0-48a3-941e-bffbff1adca3" xlink:to="loc_dei_EntityDomain_370cb8ef-e478-4848-bc6d-107fb80bb02c" xlink:type="arc" preferredLabel="http://www.xbrl.org/2003/role/terseLabel"/>
    <link:loc xlink:type="locator" xlink:label="loc_frt_FederalRealtyOPLPMember_5f75121c-87e1-4a50-999c-0d64bd45b60c" xlink:href="frt-20240930.xsd#frt_FederalRealtyOPLPMember"/>
    <link:presentationArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_dei_EntityDomain_370cb8ef-e478-4848-bc6d-107fb80bb02c" xlink:to="loc_frt_FederalRealtyOPLPMember_5f75121c-87e1-4a50-999c-0d64bd45b60c" xlink:type="arc" preferredLabel="http://www.xbrl.org/2003/role/terseLabel"/>
    <link:loc xlink:type="locator" xlink:label="loc_dei_EntityInformationLineItems_f62a14c7-0e2d-4f1c-9488-0f3d7f1a6bae" xlink:href="https://xbrl.sec.gov/dei/2024/dei-2024.xsd#dei_EntityInformationLineItems"/>
    <link:presentationArc order="4" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_dei_EntitiesTable_2eb70c6e-19a6-4e38-af4d-aa97d8ec804d" xlink:to="loc_dei_EntityInformationLineItems_f62a14c7-0e2d-4f1c-9488-0f3d7f1a6bae" xlink:type="arc" preferredLabel="http://www.xbrl.org/2003/role/terseLabel"/>
    <link:loc xlink:type="locator" xlink:label="loc_dei_DocumentType_280c7118-cea1-4f8d-8e63-20a107b2af7f" xlink:href="https://xbrl.sec.gov/dei/2024/dei-2024.xsd#dei_DocumentType"/>
    <link:presentationArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_dei_EntityInformationLineItems_f62a14c7-0e2d-4f1c-9488-0f3d7f1a6bae" xlink:to="loc_dei_DocumentType_280c7118-cea1-4f8d-8e63-20a107b2af7f" xlink:type="arc" preferredLabel="http://www.xbrl.org/2003/role/terseLabel"/>
    <link:loc xlink:type="locator" xlink:label="loc_dei_DocumentQuarterlyReport_ae198d05-a2cf-4dee-8b6a-18571612c9a6" xlink:href="https://xbrl.sec.gov/dei/2024/dei-2024.xsd#dei_DocumentQuarterlyReport"/>
    <link:presentationArc order="2" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_dei_EntityInformationLineItems_f62a14c7-0e2d-4f1c-9488-0f3d7f1a6bae" xlink:to="loc_dei_DocumentQuarterlyReport_ae198d05-a2cf-4dee-8b6a-18571612c9a6" xlink:type="arc" preferredLabel="http://www.xbrl.org/2003/role/terseLabel"/>
    <link:loc xlink:type="locator" xlink:label="loc_dei_DocumentPeriodEndDate_b8c2ac5b-0300-413d-8812-f3ac3e3ccd7f" xlink:href="https://xbrl.sec.gov/dei/2024/dei-2024.xsd#dei_DocumentPeriodEndDate"/>
    <link:presentationArc order="3" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_dei_EntityInformationLineItems_f62a14c7-0e2d-4f1c-9488-0f3d7f1a6bae" xlink:to="loc_dei_DocumentPeriodEndDate_b8c2ac5b-0300-413d-8812-f3ac3e3ccd7f" xlink:type="arc" preferredLabel="http://www.xbrl.org/2003/role/terseLabel"/>
    <link:loc xlink:type="locator" xlink:label="loc_dei_DocumentTransitionReport_45b37581-88f2-4dc3-9708-e8e0245d1e53" xlink:href="https://xbrl.sec.gov/dei/2024/dei-2024.xsd#dei_DocumentTransitionReport"/>
    <link:presentationArc order="4" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_dei_EntityInformationLineItems_f62a14c7-0e2d-4f1c-9488-0f3d7f1a6bae" xlink:to="loc_dei_DocumentTransitionReport_45b37581-88f2-4dc3-9708-e8e0245d1e53" xlink:type="arc" preferredLabel="http://www.xbrl.org/2003/role/terseLabel"/>
    <link:loc xlink:type="locator" xlink:label="loc_dei_EntityFileNumber_d1069b28-04f2-4f6d-a4a3-a615bbfeddef" xlink:href="https://xbrl.sec.gov/dei/2024/dei-2024.xsd#dei_EntityFileNumber"/>
    <link:presentationArc order="5" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_dei_EntityInformationLineItems_f62a14c7-0e2d-4f1c-9488-0f3d7f1a6bae" xlink:to="loc_dei_EntityFileNumber_d1069b28-04f2-4f6d-a4a3-a615bbfeddef" xlink:type="arc" preferredLabel="http://www.xbrl.org/2003/role/terseLabel"/>
    <link:loc xlink:type="locator" xlink:label="loc_dei_EntityRegistrantName_36788103-616f-4a39-86d6-561d4baedb77" xlink:href="https://xbrl.sec.gov/dei/2024/dei-2024.xsd#dei_EntityRegistrantName"/>
    <link:presentationArc order="6" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_dei_EntityInformationLineItems_f62a14c7-0e2d-4f1c-9488-0f3d7f1a6bae" xlink:to="loc_dei_EntityRegistrantName_36788103-616f-4a39-86d6-561d4baedb77" xlink:type="arc" preferredLabel="http://www.xbrl.org/2003/role/terseLabel"/>
    <link:loc xlink:type="locator" xlink:label="loc_dei_EntityCentralIndexKey_90373faf-47d0-4845-8c92-fac75a4bcfa3" xlink:href="https://xbrl.sec.gov/dei/2024/dei-2024.xsd#dei_EntityCentralIndexKey"/>
    <link:presentationArc order="7" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_dei_EntityInformationLineItems_f62a14c7-0e2d-4f1c-9488-0f3d7f1a6bae" xlink:to="loc_dei_EntityCentralIndexKey_90373faf-47d0-4845-8c92-fac75a4bcfa3" xlink:type="arc" preferredLabel="http://www.xbrl.org/2003/role/terseLabel"/>
    <link:loc xlink:type="locator" xlink:label="loc_dei_CurrentFiscalYearEndDate_b367fa05-12fe-4927-90f6-f94eb6aa1e47" xlink:href="https://xbrl.sec.gov/dei/2024/dei-2024.xsd#dei_CurrentFiscalYearEndDate"/>
    <link:presentationArc order="8" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_dei_EntityInformationLineItems_f62a14c7-0e2d-4f1c-9488-0f3d7f1a6bae" xlink:to="loc_dei_CurrentFiscalYearEndDate_b367fa05-12fe-4927-90f6-f94eb6aa1e47" xlink:type="arc" preferredLabel="http://www.xbrl.org/2003/role/terseLabel"/>
    <link:loc xlink:type="locator" xlink:label="loc_dei_DocumentFiscalYearFocus_61e16447-0b48-4fa5-a286-32724462ffb8" xlink:href="https://xbrl.sec.gov/dei/2024/dei-2024.xsd#dei_DocumentFiscalYearFocus"/>
    <link:presentationArc order="9" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_dei_EntityInformationLineItems_f62a14c7-0e2d-4f1c-9488-0f3d7f1a6bae" xlink:to="loc_dei_DocumentFiscalYearFocus_61e16447-0b48-4fa5-a286-32724462ffb8" xlink:type="arc" preferredLabel="http://www.xbrl.org/2003/role/terseLabel"/>
    <link:loc xlink:type="locator" xlink:label="loc_dei_DocumentFiscalPeriodFocus_4b7e320b-bb81-44d7-b804-8fd01e8c6336" xlink:href="https://xbrl.sec.gov/dei/2024/dei-2024.xsd#dei_DocumentFiscalPeriodFocus"/>
    <link:presentationArc order="10" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_dei_EntityInformationLineItems_f62a14c7-0e2d-4f1c-9488-0f3d7f1a6bae" xlink:to="loc_dei_DocumentFiscalPeriodFocus_4b7e320b-bb81-44d7-b804-8fd01e8c6336" xlink:type="arc" preferredLabel="http://www.xbrl.org/2003/role/terseLabel"/>
    <link:loc xlink:type="locator" xlink:label="loc_dei_AmendmentFlag_c8546f65-010a-49e0-b42f-0ca32f7147a2" xlink:href="https://xbrl.sec.gov/dei/2024/dei-2024.xsd#dei_AmendmentFlag"/>
    <link:presentationArc order="11" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_dei_EntityInformationLineItems_f62a14c7-0e2d-4f1c-9488-0f3d7f1a6bae" xlink:to="loc_dei_AmendmentFlag_c8546f65-010a-49e0-b42f-0ca32f7147a2" xlink:type="arc" preferredLabel="http://www.xbrl.org/2003/role/terseLabel"/>
    <link:loc xlink:type="locator" xlink:label="loc_dei_EntityIncorporationStateCountryCode_fcde9f28-d197-4e51-abf5-b2e9fde3fbbb" xlink:href="https://xbrl.sec.gov/dei/2024/dei-2024.xsd#dei_EntityIncorporationStateCountryCode"/>
    <link:presentationArc order="12" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_dei_EntityInformationLineItems_f62a14c7-0e2d-4f1c-9488-0f3d7f1a6bae" xlink:to="loc_dei_EntityIncorporationStateCountryCode_fcde9f28-d197-4e51-abf5-b2e9fde3fbbb" xlink:type="arc" preferredLabel="http://www.xbrl.org/2003/role/terseLabel"/>
    <link:loc xlink:type="locator" xlink:label="loc_dei_EntityTaxIdentificationNumber_0b78be19-df0f-4de2-b737-ce24e86ff9e1" xlink:href="https://xbrl.sec.gov/dei/2024/dei-2024.xsd#dei_EntityTaxIdentificationNumber"/>
    <link:presentationArc order="13" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_dei_EntityInformationLineItems_f62a14c7-0e2d-4f1c-9488-0f3d7f1a6bae" xlink:to="loc_dei_EntityTaxIdentificationNumber_0b78be19-df0f-4de2-b737-ce24e86ff9e1" xlink:type="arc" preferredLabel="http://www.xbrl.org/2003/role/terseLabel"/>
    <link:loc xlink:type="locator" xlink:label="loc_dei_EntityAddressAddressLine1_481113ac-2d84-45ae-b79c-0a8186c14c96" xlink:href="https://xbrl.sec.gov/dei/2024/dei-2024.xsd#dei_EntityAddressAddressLine1"/>
    <link:presentationArc order="14" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_dei_EntityInformationLineItems_f62a14c7-0e2d-4f1c-9488-0f3d7f1a6bae" xlink:to="loc_dei_EntityAddressAddressLine1_481113ac-2d84-45ae-b79c-0a8186c14c96" xlink:type="arc" preferredLabel="http://www.xbrl.org/2003/role/terseLabel"/>
    <link:loc xlink:type="locator" xlink:label="loc_dei_EntityAddressCityOrTown_a8853972-523e-470b-bd52-2f12694e93b1" xlink:href="https://xbrl.sec.gov/dei/2024/dei-2024.xsd#dei_EntityAddressCityOrTown"/>
    <link:presentationArc order="15" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_dei_EntityInformationLineItems_f62a14c7-0e2d-4f1c-9488-0f3d7f1a6bae" xlink:to="loc_dei_EntityAddressCityOrTown_a8853972-523e-470b-bd52-2f12694e93b1" xlink:type="arc" preferredLabel="http://www.xbrl.org/2003/role/terseLabel"/>
    <link:loc xlink:type="locator" xlink:label="loc_dei_EntityAddressStateOrProvince_71fafae6-3f0a-4452-8f81-9b2783fafbf7" xlink:href="https://xbrl.sec.gov/dei/2024/dei-2024.xsd#dei_EntityAddressStateOrProvince"/>
    <link:presentationArc order="16" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_dei_EntityInformationLineItems_f62a14c7-0e2d-4f1c-9488-0f3d7f1a6bae" xlink:to="loc_dei_EntityAddressStateOrProvince_71fafae6-3f0a-4452-8f81-9b2783fafbf7" xlink:type="arc" preferredLabel="http://www.xbrl.org/2003/role/terseLabel"/>
    <link:loc xlink:type="locator" xlink:label="loc_dei_EntityAddressPostalZipCode_e3c37ad9-890b-4e4a-9661-78fab26ba151" xlink:href="https://xbrl.sec.gov/dei/2024/dei-2024.xsd#dei_EntityAddressPostalZipCode"/>
    <link:presentationArc order="17" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_dei_EntityInformationLineItems_f62a14c7-0e2d-4f1c-9488-0f3d7f1a6bae" xlink:to="loc_dei_EntityAddressPostalZipCode_e3c37ad9-890b-4e4a-9661-78fab26ba151" xlink:type="arc" preferredLabel="http://www.xbrl.org/2003/role/terseLabel"/>
    <link:loc xlink:type="locator" xlink:label="loc_dei_CityAreaCode_931d859c-900f-4c79-98ce-81e2ab82899f" xlink:href="https://xbrl.sec.gov/dei/2024/dei-2024.xsd#dei_CityAreaCode"/>
    <link:presentationArc order="18" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_dei_EntityInformationLineItems_f62a14c7-0e2d-4f1c-9488-0f3d7f1a6bae" xlink:to="loc_dei_CityAreaCode_931d859c-900f-4c79-98ce-81e2ab82899f" xlink:type="arc" preferredLabel="http://www.xbrl.org/2003/role/terseLabel"/>
    <link:loc xlink:type="locator" xlink:label="loc_dei_LocalPhoneNumber_93aa142e-0e17-4d85-ba17-a073487dc5ce" xlink:href="https://xbrl.sec.gov/dei/2024/dei-2024.xsd#dei_LocalPhoneNumber"/>
    <link:presentationArc order="19" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_dei_EntityInformationLineItems_f62a14c7-0e2d-4f1c-9488-0f3d7f1a6bae" xlink:to="loc_dei_LocalPhoneNumber_93aa142e-0e17-4d85-ba17-a073487dc5ce" xlink:type="arc" preferredLabel="http://www.xbrl.org/2003/role/terseLabel"/>
    <link:loc xlink:type="locator" xlink:label="loc_dei_Security12bTitle_bd771e5f-7127-4f80-accd-95300f06b593" xlink:href="https://xbrl.sec.gov/dei/2024/dei-2024.xsd#dei_Security12bTitle"/>
    <link:presentationArc order="20" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_dei_EntityInformationLineItems_f62a14c7-0e2d-4f1c-9488-0f3d7f1a6bae" xlink:to="loc_dei_Security12bTitle_bd771e5f-7127-4f80-accd-95300f06b593" xlink:type="arc" preferredLabel="http://www.xbrl.org/2003/role/terseLabel"/>
    <link:loc xlink:type="locator" xlink:label="loc_dei_TradingSymbol_2e3a2b4e-0ec2-4a34-8550-255ab4fc6a69" xlink:href="https://xbrl.sec.gov/dei/2024/dei-2024.xsd#dei_TradingSymbol"/>
    <link:presentationArc order="21" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_dei_EntityInformationLineItems_f62a14c7-0e2d-4f1c-9488-0f3d7f1a6bae" xlink:to="loc_dei_TradingSymbol_2e3a2b4e-0ec2-4a34-8550-255ab4fc6a69" xlink:type="arc" preferredLabel="http://www.xbrl.org/2003/role/terseLabel"/>
    <link:loc xlink:type="locator" xlink:label="loc_dei_SecurityExchangeName_2a1bc5ce-d8bd-4f58-ad51-6be23a0c74e2" xlink:href="https://xbrl.sec.gov/dei/2024/dei-2024.xsd#dei_SecurityExchangeName"/>
    <link:presentationArc order="22" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_dei_EntityInformationLineItems_f62a14c7-0e2d-4f1c-9488-0f3d7f1a6bae" xlink:to="loc_dei_SecurityExchangeName_2a1bc5ce-d8bd-4f58-ad51-6be23a0c74e2" xlink:type="arc" preferredLabel="http://www.xbrl.org/2003/role/terseLabel"/>
    <link:loc xlink:type="locator" xlink:label="loc_dei_EntityCurrentReportingStatus_6916884c-c3c8-4677-a5bc-2dbdffbed984" xlink:href="https://xbrl.sec.gov/dei/2024/dei-2024.xsd#dei_EntityCurrentReportingStatus"/>
    <link:presentationArc order="23" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_dei_EntityInformationLineItems_f62a14c7-0e2d-4f1c-9488-0f3d7f1a6bae" xlink:to="loc_dei_EntityCurrentReportingStatus_6916884c-c3c8-4677-a5bc-2dbdffbed984" xlink:type="arc" preferredLabel="http://www.xbrl.org/2003/role/terseLabel"/>
    <link:loc xlink:type="locator" xlink:label="loc_dei_EntityInteractiveDataCurrent_36699914-fd97-401d-a37f-730802d63c80" xlink:href="https://xbrl.sec.gov/dei/2024/dei-2024.xsd#dei_EntityInteractiveDataCurrent"/>
    <link:presentationArc order="24" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_dei_EntityInformationLineItems_f62a14c7-0e2d-4f1c-9488-0f3d7f1a6bae" xlink:to="loc_dei_EntityInteractiveDataCurrent_36699914-fd97-401d-a37f-730802d63c80" xlink:type="arc" preferredLabel="http://www.xbrl.org/2003/role/terseLabel"/>
    <link:loc xlink:type="locator" xlink:label="loc_dei_EntityFilerCategory_0cbfb4d3-765c-4482-a7da-694e83383ee3" xlink:href="https://xbrl.sec.gov/dei/2024/dei-2024.xsd#dei_EntityFilerCategory"/>
    <link:presentationArc order="25" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_dei_EntityInformationLineItems_f62a14c7-0e2d-4f1c-9488-0f3d7f1a6bae" xlink:to="loc_dei_EntityFilerCategory_0cbfb4d3-765c-4482-a7da-694e83383ee3" xlink:type="arc" preferredLabel="http://www.xbrl.org/2003/role/terseLabel"/>
    <link:loc xlink:type="locator" xlink:label="loc_dei_EntitySmallBusiness_4017982a-8aa8-4806-94db-83e337be5719" xlink:href="https://xbrl.sec.gov/dei/2024/dei-2024.xsd#dei_EntitySmallBusiness"/>
    <link:presentationArc order="26" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_dei_EntityInformationLineItems_f62a14c7-0e2d-4f1c-9488-0f3d7f1a6bae" xlink:to="loc_dei_EntitySmallBusiness_4017982a-8aa8-4806-94db-83e337be5719" xlink:type="arc" preferredLabel="http://www.xbrl.org/2003/role/terseLabel"/>
    <link:loc xlink:type="locator" xlink:label="loc_dei_EntityEmergingGrowthCompany_f7444bcc-a5b3-46d4-9e66-e3adf8210220" xlink:href="https://xbrl.sec.gov/dei/2024/dei-2024.xsd#dei_EntityEmergingGrowthCompany"/>
    <link:presentationArc order="27" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_dei_EntityInformationLineItems_f62a14c7-0e2d-4f1c-9488-0f3d7f1a6bae" xlink:to="loc_dei_EntityEmergingGrowthCompany_f7444bcc-a5b3-46d4-9e66-e3adf8210220" xlink:type="arc" preferredLabel="http://www.xbrl.org/2003/role/terseLabel"/>
    <link:loc xlink:type="locator" xlink:label="loc_dei_EntityShellCompany_da17157a-c05a-49b6-bb08-396ae8c296c7" xlink:href="https://xbrl.sec.gov/dei/2024/dei-2024.xsd#dei_EntityShellCompany"/>
    <link:presentationArc order="28" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_dei_EntityInformationLineItems_f62a14c7-0e2d-4f1c-9488-0f3d7f1a6bae" xlink:to="loc_dei_EntityShellCompany_da17157a-c05a-49b6-bb08-396ae8c296c7" xlink:type="arc" preferredLabel="http://www.xbrl.org/2003/role/terseLabel"/>
    <link:loc xlink:type="locator" xlink:label="loc_dei_EntityCommonStockSharesOutstanding_af5f7095-5aee-4a18-b731-3b5b50720c7f" xlink:href="https://xbrl.sec.gov/dei/2024/dei-2024.xsd#dei_EntityCommonStockSharesOutstanding"/>
    <link:presentationArc order="29" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_dei_EntityInformationLineItems_f62a14c7-0e2d-4f1c-9488-0f3d7f1a6bae" xlink:to="loc_dei_EntityCommonStockSharesOutstanding_af5f7095-5aee-4a18-b731-3b5b50720c7f" 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-20240930.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_349e3c74-d95d-4825-80ab-35dc2300883f" xlink:href="https://xbrl.fasb.org/us-gaap/2024/elts/us-gaap-2024.xsd#us-gaap_StatementOfFinancialPositionAbstract"/>
    <link:loc xlink:type="locator" xlink:label="loc_us-gaap_StatementTable_73d2258c-3235-4b01-bb11-08d38f088b25" xlink:href="https://xbrl.fasb.org/us-gaap/2024/elts/us-gaap-2024.xsd#us-gaap_StatementTable"/>
    <link:presentationArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaap_StatementOfFinancialPositionAbstract_349e3c74-d95d-4825-80ab-35dc2300883f" xlink:to="loc_us-gaap_StatementTable_73d2258c-3235-4b01-bb11-08d38f088b25" xlink:type="arc" preferredLabel="http://www.xbrl.org/2003/role/terseLabel"/>
    <link:loc xlink:type="locator" xlink:label="loc_us-gaap_StatementClassOfStockAxis_fd005efd-fbbd-48e0-9371-d373f3afa542" xlink:href="https://xbrl.fasb.org/us-gaap/2024/elts/us-gaap-2024.xsd#us-gaap_StatementClassOfStockAxis"/>
    <link:presentationArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaap_StatementTable_73d2258c-3235-4b01-bb11-08d38f088b25" xlink:to="loc_us-gaap_StatementClassOfStockAxis_fd005efd-fbbd-48e0-9371-d373f3afa542" xlink:type="arc" preferredLabel="http://www.xbrl.org/2003/role/terseLabel"/>
    <link:loc xlink:type="locator" xlink:label="loc_us-gaap_ClassOfStockDomain_9088a6ca-e336-4388-a792-37b3e575563b" xlink:href="https://xbrl.fasb.org/us-gaap/2024/elts/us-gaap-2024.xsd#us-gaap_ClassOfStockDomain"/>
    <link:presentationArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaap_StatementClassOfStockAxis_fd005efd-fbbd-48e0-9371-d373f3afa542" xlink:to="loc_us-gaap_ClassOfStockDomain_9088a6ca-e336-4388-a792-37b3e575563b" xlink:type="arc" preferredLabel="http://www.xbrl.org/2003/role/terseLabel"/>
    <link:loc xlink:type="locator" xlink:label="loc_frt_A5.0SeriesCCumulativeRedeemablePreferredMember_61b1dc77-f065-44ac-ba1c-f05d778d0b20" xlink:href="frt-20240930.xsd#frt_A5.0SeriesCCumulativeRedeemablePreferredMember"/>
    <link:presentationArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaap_ClassOfStockDomain_9088a6ca-e336-4388-a792-37b3e575563b" xlink:to="loc_frt_A5.0SeriesCCumulativeRedeemablePreferredMember_61b1dc77-f065-44ac-ba1c-f05d778d0b20" xlink:type="arc" preferredLabel="http://www.xbrl.org/2003/role/terseLabel"/>
    <link:loc xlink:type="locator" xlink:label="loc_frt_A5417Series1CumulativeConvertiblePreferredMember_a2d30d43-a65e-45e2-bb5b-c08b88ec89c1" xlink:href="frt-20240930.xsd#frt_A5417Series1CumulativeConvertiblePreferredMember"/>
    <link:presentationArc order="2" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaap_ClassOfStockDomain_9088a6ca-e336-4388-a792-37b3e575563b" xlink:to="loc_frt_A5417Series1CumulativeConvertiblePreferredMember_a2d30d43-a65e-45e2-bb5b-c08b88ec89c1" xlink:type="arc" preferredLabel="http://www.xbrl.org/2003/role/terseLabel"/>
    <link:loc xlink:type="locator" xlink:label="loc_srt_ConsolidatedEntitiesAxis_7b49c391-0170-441b-9e30-5761b174c39a" xlink:href="https://xbrl.fasb.org/srt/2024/elts/srt-2024.xsd#srt_ConsolidatedEntitiesAxis"/>
    <link:presentationArc order="2" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaap_StatementTable_73d2258c-3235-4b01-bb11-08d38f088b25" xlink:to="loc_srt_ConsolidatedEntitiesAxis_7b49c391-0170-441b-9e30-5761b174c39a" xlink:type="arc" preferredLabel="http://www.xbrl.org/2003/role/terseLabel"/>
    <link:loc xlink:type="locator" xlink:label="loc_srt_ConsolidatedEntitiesDomain_842b7e73-2454-4516-aebe-230d80315f2b" xlink:href="https://xbrl.fasb.org/srt/2024/elts/srt-2024.xsd#srt_ConsolidatedEntitiesDomain"/>
    <link:presentationArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_srt_ConsolidatedEntitiesAxis_7b49c391-0170-441b-9e30-5761b174c39a" xlink:to="loc_srt_ConsolidatedEntitiesDomain_842b7e73-2454-4516-aebe-230d80315f2b" xlink:type="arc" preferredLabel="http://www.xbrl.org/2003/role/terseLabel"/>
    <link:loc xlink:type="locator" xlink:label="loc_srt_PartnershipInterestMember_6bc2e0f9-809e-43e0-aa40-f04ea18f5317" xlink:href="https://xbrl.fasb.org/srt/2024/elts/srt-2024.xsd#srt_PartnershipInterestMember"/>
    <link:presentationArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_srt_ConsolidatedEntitiesDomain_842b7e73-2454-4516-aebe-230d80315f2b" xlink:to="loc_srt_PartnershipInterestMember_6bc2e0f9-809e-43e0-aa40-f04ea18f5317" xlink:type="arc" preferredLabel="http://www.xbrl.org/2003/role/terseLabel"/>
    <link:loc xlink:type="locator" xlink:label="loc_us-gaap_StatementLineItems_1f6bd3b6-808a-4b7f-b294-9dc4c4811fa0" xlink:href="https://xbrl.fasb.org/us-gaap/2024/elts/us-gaap-2024.xsd#us-gaap_StatementLineItems"/>
    <link:presentationArc order="3" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaap_StatementTable_73d2258c-3235-4b01-bb11-08d38f088b25" xlink:to="loc_us-gaap_StatementLineItems_1f6bd3b6-808a-4b7f-b294-9dc4c4811fa0" xlink:type="arc" preferredLabel="http://www.xbrl.org/2003/role/terseLabel"/>
    <link:loc xlink:type="locator" xlink:label="loc_us-gaap_AssetsAbstract_6aa8a988-fbcf-40c7-8626-326a6860fba0" xlink:href="https://xbrl.fasb.org/us-gaap/2024/elts/us-gaap-2024.xsd#us-gaap_AssetsAbstract"/>
    <link:presentationArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaap_StatementLineItems_1f6bd3b6-808a-4b7f-b294-9dc4c4811fa0" xlink:to="loc_us-gaap_AssetsAbstract_6aa8a988-fbcf-40c7-8626-326a6860fba0" xlink:type="arc" preferredLabel="http://www.xbrl.org/2003/role/terseLabel"/>
    <link:loc xlink:type="locator" xlink:label="loc_us-gaap_RentalProperties_9820edec-b8e9-4281-8cc3-f031a0983b7f" xlink:href="https://xbrl.fasb.org/us-gaap/2024/elts/us-gaap-2024.xsd#us-gaap_RentalProperties"/>
    <link:presentationArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaap_AssetsAbstract_6aa8a988-fbcf-40c7-8626-326a6860fba0" xlink:to="loc_us-gaap_RentalProperties_9820edec-b8e9-4281-8cc3-f031a0983b7f" xlink:type="arc" preferredLabel="http://www.xbrl.org/2003/role/terseLabel"/>
    <link:loc xlink:type="locator" xlink:label="loc_us-gaap_ConstructionInProgressGross_f6a2ac21-e055-4335-88f7-a8e440cbeeb3" xlink:href="https://xbrl.fasb.org/us-gaap/2024/elts/us-gaap-2024.xsd#us-gaap_ConstructionInProgressGross"/>
    <link:presentationArc order="2" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaap_AssetsAbstract_6aa8a988-fbcf-40c7-8626-326a6860fba0" xlink:to="loc_us-gaap_ConstructionInProgressGross_f6a2ac21-e055-4335-88f7-a8e440cbeeb3" xlink:type="arc" preferredLabel="http://www.xbrl.org/2003/role/terseLabel"/>
    <link:loc xlink:type="locator" xlink:label="loc_us-gaap_RealEstateInvestmentPropertyAtCost_a5e5e401-ff52-4dc9-91bd-a846c0d61937" xlink:href="https://xbrl.fasb.org/us-gaap/2024/elts/us-gaap-2024.xsd#us-gaap_RealEstateInvestmentPropertyAtCost"/>
    <link:presentationArc order="3" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaap_AssetsAbstract_6aa8a988-fbcf-40c7-8626-326a6860fba0" xlink:to="loc_us-gaap_RealEstateInvestmentPropertyAtCost_a5e5e401-ff52-4dc9-91bd-a846c0d61937" xlink:type="arc" preferredLabel="http://www.xbrl.org/2003/role/totalLabel"/>
    <link:loc xlink:type="locator" xlink:label="loc_us-gaap_RealEstateInvestmentPropertyAccumulatedDepreciation_0e4fb06d-da55-4293-b2d9-a2a9b7a2c41f" xlink:href="https://xbrl.fasb.org/us-gaap/2024/elts/us-gaap-2024.xsd#us-gaap_RealEstateInvestmentPropertyAccumulatedDepreciation"/>
    <link:presentationArc order="4" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaap_AssetsAbstract_6aa8a988-fbcf-40c7-8626-326a6860fba0" xlink:to="loc_us-gaap_RealEstateInvestmentPropertyAccumulatedDepreciation_0e4fb06d-da55-4293-b2d9-a2a9b7a2c41f" xlink:type="arc" preferredLabel="http://www.xbrl.org/2009/role/negatedLabel"/>
    <link:loc xlink:type="locator" xlink:label="loc_us-gaap_RealEstateInvestmentPropertyNet_85084447-8c99-4544-9337-baae886bccc1" xlink:href="https://xbrl.fasb.org/us-gaap/2024/elts/us-gaap-2024.xsd#us-gaap_RealEstateInvestmentPropertyNet"/>
    <link:presentationArc order="5" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaap_AssetsAbstract_6aa8a988-fbcf-40c7-8626-326a6860fba0" xlink:to="loc_us-gaap_RealEstateInvestmentPropertyNet_85084447-8c99-4544-9337-baae886bccc1" xlink:type="arc" preferredLabel="http://www.xbrl.org/2003/role/totalLabel"/>
    <link:loc xlink:type="locator" xlink:label="loc_us-gaap_CashAndCashEquivalentsAtCarryingValue_c8f259d3-3653-4742-90a0-2ddb5b5b61b5" xlink:href="https://xbrl.fasb.org/us-gaap/2024/elts/us-gaap-2024.xsd#us-gaap_CashAndCashEquivalentsAtCarryingValue"/>
    <link:presentationArc order="6" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaap_AssetsAbstract_6aa8a988-fbcf-40c7-8626-326a6860fba0" xlink:to="loc_us-gaap_CashAndCashEquivalentsAtCarryingValue_c8f259d3-3653-4742-90a0-2ddb5b5b61b5" xlink:type="arc" preferredLabel="http://www.xbrl.org/2003/role/terseLabel"/>
    <link:loc xlink:type="locator" xlink:label="loc_us-gaap_AccountsAndNotesReceivableNet_e5b1b5a4-012a-4c9d-a484-c95f7c595fda" xlink:href="https://xbrl.fasb.org/us-gaap/2024/elts/us-gaap-2024.xsd#us-gaap_AccountsAndNotesReceivableNet"/>
    <link:presentationArc order="7" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaap_AssetsAbstract_6aa8a988-fbcf-40c7-8626-326a6860fba0" xlink:to="loc_us-gaap_AccountsAndNotesReceivableNet_e5b1b5a4-012a-4c9d-a484-c95f7c595fda" xlink:type="arc" preferredLabel="http://www.xbrl.org/2003/role/terseLabel"/>
    <link:loc xlink:type="locator" xlink:label="loc_us-gaap_MortgageLoansOnRealEstateCommercialAndConsumerNet_5a11a537-795b-4c97-b2ae-ae3f65ba9e35" xlink:href="https://xbrl.fasb.org/us-gaap/2024/elts/us-gaap-2024.xsd#us-gaap_MortgageLoansOnRealEstateCommercialAndConsumerNet"/>
    <link:presentationArc order="8" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaap_AssetsAbstract_6aa8a988-fbcf-40c7-8626-326a6860fba0" xlink:to="loc_us-gaap_MortgageLoansOnRealEstateCommercialAndConsumerNet_5a11a537-795b-4c97-b2ae-ae3f65ba9e35" xlink:type="arc" preferredLabel="http://www.xbrl.org/2003/role/terseLabel"/>
    <link:loc xlink:type="locator" xlink:label="loc_us-gaap_InvestmentsInAffiliatesSubsidiariesAssociatesAndJointVentures_0efa3538-4724-4717-932b-89903bb98734" xlink:href="https://xbrl.fasb.org/us-gaap/2024/elts/us-gaap-2024.xsd#us-gaap_InvestmentsInAffiliatesSubsidiariesAssociatesAndJointVentures"/>
    <link:presentationArc order="9" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaap_AssetsAbstract_6aa8a988-fbcf-40c7-8626-326a6860fba0" xlink:to="loc_us-gaap_InvestmentsInAffiliatesSubsidiariesAssociatesAndJointVentures_0efa3538-4724-4717-932b-89903bb98734" xlink:type="arc" preferredLabel="http://www.xbrl.org/2003/role/verboseLabel"/>
    <link:loc xlink:type="locator" xlink:label="loc_us-gaap_OperatingLeaseRightOfUseAsset_8c19902d-1dc5-4e03-997b-5c3227a05d97" xlink:href="https://xbrl.fasb.org/us-gaap/2024/elts/us-gaap-2024.xsd#us-gaap_OperatingLeaseRightOfUseAsset"/>
    <link:presentationArc order="10" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaap_AssetsAbstract_6aa8a988-fbcf-40c7-8626-326a6860fba0" xlink:to="loc_us-gaap_OperatingLeaseRightOfUseAsset_8c19902d-1dc5-4e03-997b-5c3227a05d97" xlink:type="arc" preferredLabel="http://www.xbrl.org/2003/role/verboseLabel"/>
    <link:loc xlink:type="locator" xlink:label="loc_us-gaap_FinanceLeaseRightOfUseAsset_f53fe7cc-ab5f-4bb2-9bc3-b6f6920ee4dd" xlink:href="https://xbrl.fasb.org/us-gaap/2024/elts/us-gaap-2024.xsd#us-gaap_FinanceLeaseRightOfUseAsset"/>
    <link:presentationArc order="11" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaap_AssetsAbstract_6aa8a988-fbcf-40c7-8626-326a6860fba0" xlink:to="loc_us-gaap_FinanceLeaseRightOfUseAsset_f53fe7cc-ab5f-4bb2-9bc3-b6f6920ee4dd" xlink:type="arc" preferredLabel="http://www.xbrl.org/2003/role/terseLabel"/>
    <link:loc xlink:type="locator" xlink:label="loc_us-gaap_PrepaidExpenseAndOtherAssets_ed27805a-0b5c-41f5-9c5f-9d38af176dce" xlink:href="https://xbrl.fasb.org/us-gaap/2024/elts/us-gaap-2024.xsd#us-gaap_PrepaidExpenseAndOtherAssets"/>
    <link:presentationArc order="12" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaap_AssetsAbstract_6aa8a988-fbcf-40c7-8626-326a6860fba0" xlink:to="loc_us-gaap_PrepaidExpenseAndOtherAssets_ed27805a-0b5c-41f5-9c5f-9d38af176dce" xlink:type="arc" preferredLabel="http://www.xbrl.org/2003/role/terseLabel"/>
    <link:loc xlink:type="locator" xlink:label="loc_us-gaap_Assets_c852d187-63d6-4c3c-9712-129082d0afd0" xlink:href="https://xbrl.fasb.org/us-gaap/2024/elts/us-gaap-2024.xsd#us-gaap_Assets"/>
    <link:presentationArc order="13" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaap_AssetsAbstract_6aa8a988-fbcf-40c7-8626-326a6860fba0" xlink:to="loc_us-gaap_Assets_c852d187-63d6-4c3c-9712-129082d0afd0" xlink:type="arc" preferredLabel="http://www.xbrl.org/2003/role/totalLabel"/>
    <link:loc xlink:type="locator" xlink:label="loc_us-gaap_LiabilitiesAbstract_30f98bf3-158c-44b3-be6f-c57b7e6652a3" xlink:href="https://xbrl.fasb.org/us-gaap/2024/elts/us-gaap-2024.xsd#us-gaap_LiabilitiesAbstract"/>
    <link:presentationArc order="2" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaap_StatementLineItems_1f6bd3b6-808a-4b7f-b294-9dc4c4811fa0" xlink:to="loc_us-gaap_LiabilitiesAbstract_30f98bf3-158c-44b3-be6f-c57b7e6652a3" xlink:type="arc" preferredLabel="http://www.xbrl.org/2003/role/terseLabel"/>
    <link:loc xlink:type="locator" xlink:label="loc_us-gaap_SecuredDebt_2611f72a-aab0-43ab-9788-83fcec64580a" xlink:href="https://xbrl.fasb.org/us-gaap/2024/elts/us-gaap-2024.xsd#us-gaap_SecuredDebt"/>
    <link:presentationArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaap_LiabilitiesAbstract_30f98bf3-158c-44b3-be6f-c57b7e6652a3" xlink:to="loc_us-gaap_SecuredDebt_2611f72a-aab0-43ab-9788-83fcec64580a" xlink:type="arc" preferredLabel="http://www.xbrl.org/2003/role/verboseLabel"/>
    <link:loc xlink:type="locator" xlink:label="loc_us-gaap_NotesPayable_3df5df38-a99a-4c01-9f64-78e23a20d8c8" xlink:href="https://xbrl.fasb.org/us-gaap/2024/elts/us-gaap-2024.xsd#us-gaap_NotesPayable"/>
    <link:presentationArc order="2" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaap_LiabilitiesAbstract_30f98bf3-158c-44b3-be6f-c57b7e6652a3" xlink:to="loc_us-gaap_NotesPayable_3df5df38-a99a-4c01-9f64-78e23a20d8c8" xlink:type="arc" preferredLabel="http://www.xbrl.org/2003/role/terseLabel"/>
    <link:loc xlink:type="locator" xlink:label="loc_us-gaap_UnsecuredDebt_51291c12-e7b5-490e-a1f8-aa46ce0bf8de" xlink:href="https://xbrl.fasb.org/us-gaap/2024/elts/us-gaap-2024.xsd#us-gaap_UnsecuredDebt"/>
    <link:presentationArc order="3" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaap_LiabilitiesAbstract_30f98bf3-158c-44b3-be6f-c57b7e6652a3" xlink:to="loc_us-gaap_UnsecuredDebt_51291c12-e7b5-490e-a1f8-aa46ce0bf8de" xlink:type="arc" preferredLabel="http://www.xbrl.org/2003/role/verboseLabel"/>
    <link:loc xlink:type="locator" xlink:label="loc_us-gaap_AccountsPayableAndAccruedLiabilitiesCurrentAndNoncurrent_e2d33a9e-cf5f-401f-922c-a4d694a9f4a2" xlink:href="https://xbrl.fasb.org/us-gaap/2024/elts/us-gaap-2024.xsd#us-gaap_AccountsPayableAndAccruedLiabilitiesCurrentAndNoncurrent"/>
    <link:presentationArc order="4" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaap_LiabilitiesAbstract_30f98bf3-158c-44b3-be6f-c57b7e6652a3" xlink:to="loc_us-gaap_AccountsPayableAndAccruedLiabilitiesCurrentAndNoncurrent_e2d33a9e-cf5f-401f-922c-a4d694a9f4a2" xlink:type="arc" preferredLabel="http://www.xbrl.org/2003/role/terseLabel"/>
    <link:loc xlink:type="locator" xlink:label="loc_us-gaap_DividendsPayableCurrentAndNoncurrent_b5f4a4de-f423-45a3-8bae-68612c8d716c" xlink:href="https://xbrl.fasb.org/us-gaap/2024/elts/us-gaap-2024.xsd#us-gaap_DividendsPayableCurrentAndNoncurrent"/>
    <link:presentationArc order="5" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaap_LiabilitiesAbstract_30f98bf3-158c-44b3-be6f-c57b7e6652a3" xlink:to="loc_us-gaap_DividendsPayableCurrentAndNoncurrent_b5f4a4de-f423-45a3-8bae-68612c8d716c" xlink:type="arc" preferredLabel="http://www.xbrl.org/2003/role/terseLabel"/>
    <link:loc xlink:type="locator" xlink:label="loc_us-gaap_SecurityDepositLiability_727a8ae6-2a50-45cf-9f7e-b96b9fce54f0" xlink:href="https://xbrl.fasb.org/us-gaap/2024/elts/us-gaap-2024.xsd#us-gaap_SecurityDepositLiability"/>
    <link:presentationArc order="6" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaap_LiabilitiesAbstract_30f98bf3-158c-44b3-be6f-c57b7e6652a3" xlink:to="loc_us-gaap_SecurityDepositLiability_727a8ae6-2a50-45cf-9f7e-b96b9fce54f0" xlink:type="arc" preferredLabel="http://www.xbrl.org/2003/role/terseLabel"/>
    <link:loc xlink:type="locator" xlink:label="loc_us-gaap_OperatingLeaseLiability_7cf6da73-d27a-4715-ad7d-d45c789513cd" xlink:href="https://xbrl.fasb.org/us-gaap/2024/elts/us-gaap-2024.xsd#us-gaap_OperatingLeaseLiability"/>
    <link:presentationArc order="7" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaap_LiabilitiesAbstract_30f98bf3-158c-44b3-be6f-c57b7e6652a3" xlink:to="loc_us-gaap_OperatingLeaseLiability_7cf6da73-d27a-4715-ad7d-d45c789513cd" xlink:type="arc" preferredLabel="http://www.xbrl.org/2003/role/terseLabel"/>
    <link:loc xlink:type="locator" xlink:label="loc_us-gaap_FinanceLeaseLiability_ac0799dd-3519-4a4b-9f35-899229730861" xlink:href="https://xbrl.fasb.org/us-gaap/2024/elts/us-gaap-2024.xsd#us-gaap_FinanceLeaseLiability"/>
    <link:presentationArc order="8" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaap_LiabilitiesAbstract_30f98bf3-158c-44b3-be6f-c57b7e6652a3" xlink:to="loc_us-gaap_FinanceLeaseLiability_ac0799dd-3519-4a4b-9f35-899229730861" xlink:type="arc" preferredLabel="http://www.xbrl.org/2003/role/terseLabel"/>
    <link:loc xlink:type="locator" xlink:label="loc_us-gaap_DeferredCreditsAndOtherLiabilities_869978fa-8ea6-40ee-859f-647f98559458" xlink:href="https://xbrl.fasb.org/us-gaap/2024/elts/us-gaap-2024.xsd#us-gaap_DeferredCreditsAndOtherLiabilities"/>
    <link:presentationArc order="9" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaap_LiabilitiesAbstract_30f98bf3-158c-44b3-be6f-c57b7e6652a3" xlink:to="loc_us-gaap_DeferredCreditsAndOtherLiabilities_869978fa-8ea6-40ee-859f-647f98559458" xlink:type="arc" preferredLabel="http://www.xbrl.org/2003/role/terseLabel"/>
    <link:loc xlink:type="locator" xlink:label="loc_us-gaap_Liabilities_1fc2a494-7284-4ebb-b229-d21c26a29616" xlink:href="https://xbrl.fasb.org/us-gaap/2024/elts/us-gaap-2024.xsd#us-gaap_Liabilities"/>
    <link:presentationArc order="10" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaap_LiabilitiesAbstract_30f98bf3-158c-44b3-be6f-c57b7e6652a3" xlink:to="loc_us-gaap_Liabilities_1fc2a494-7284-4ebb-b229-d21c26a29616" xlink:type="arc" preferredLabel="http://www.xbrl.org/2003/role/terseLabel"/>
    <link:loc xlink:type="locator" xlink:label="loc_us-gaap_CommitmentsAndContingencies_2b3c703a-5777-4c3d-9012-380022058280" xlink:href="https://xbrl.fasb.org/us-gaap/2024/elts/us-gaap-2024.xsd#us-gaap_CommitmentsAndContingencies"/>
    <link:presentationArc order="3" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaap_StatementLineItems_1f6bd3b6-808a-4b7f-b294-9dc4c4811fa0" xlink:to="loc_us-gaap_CommitmentsAndContingencies_2b3c703a-5777-4c3d-9012-380022058280" xlink:type="arc" preferredLabel="http://www.xbrl.org/2003/role/terseLabel"/>
    <link:loc xlink:type="locator" xlink:label="loc_us-gaap_RedeemableNoncontrollingInterestEquityCarryingAmount_b0670796-bf74-47f1-9fab-cb455bf75531" xlink:href="https://xbrl.fasb.org/us-gaap/2024/elts/us-gaap-2024.xsd#us-gaap_RedeemableNoncontrollingInterestEquityCarryingAmount"/>
    <link:presentationArc order="4" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaap_StatementLineItems_1f6bd3b6-808a-4b7f-b294-9dc4c4811fa0" xlink:to="loc_us-gaap_RedeemableNoncontrollingInterestEquityCarryingAmount_b0670796-bf74-47f1-9fab-cb455bf75531" xlink:type="arc" preferredLabel="http://www.xbrl.org/2003/role/terseLabel"/>
    <link:loc xlink:type="locator" xlink:label="loc_us-gaap_StockholdersEquityIncludingPortionAttributableToNoncontrollingInterestAbstract_723d0a90-8f75-44a6-ba08-8188061ff7f9" xlink:href="https://xbrl.fasb.org/us-gaap/2024/elts/us-gaap-2024.xsd#us-gaap_StockholdersEquityIncludingPortionAttributableToNoncontrollingInterestAbstract"/>
    <link:presentationArc order="5" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaap_StatementLineItems_1f6bd3b6-808a-4b7f-b294-9dc4c4811fa0" xlink:to="loc_us-gaap_StockholdersEquityIncludingPortionAttributableToNoncontrollingInterestAbstract_723d0a90-8f75-44a6-ba08-8188061ff7f9" xlink:type="arc" preferredLabel="http://www.xbrl.org/2003/role/terseLabel"/>
    <link:loc xlink:type="locator" xlink:label="loc_us-gaap_PreferredStockValue_58be8eee-c670-4a79-87db-66b7cd5facb9" xlink:href="https://xbrl.fasb.org/us-gaap/2024/elts/us-gaap-2024.xsd#us-gaap_PreferredStockValue"/>
    <link:presentationArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaap_StockholdersEquityIncludingPortionAttributableToNoncontrollingInterestAbstract_723d0a90-8f75-44a6-ba08-8188061ff7f9" xlink:to="loc_us-gaap_PreferredStockValue_58be8eee-c670-4a79-87db-66b7cd5facb9" xlink:type="arc" preferredLabel="http://www.xbrl.org/2003/role/terseLabel"/>
    <link:loc xlink:type="locator" xlink:label="loc_us-gaap_CommonStockValue_68650e87-35c9-45e6-bec9-756fa56a02a7" xlink:href="https://xbrl.fasb.org/us-gaap/2024/elts/us-gaap-2024.xsd#us-gaap_CommonStockValue"/>
    <link:presentationArc order="2" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaap_StockholdersEquityIncludingPortionAttributableToNoncontrollingInterestAbstract_723d0a90-8f75-44a6-ba08-8188061ff7f9" xlink:to="loc_us-gaap_CommonStockValue_68650e87-35c9-45e6-bec9-756fa56a02a7" xlink:type="arc" preferredLabel="http://www.xbrl.org/2003/role/terseLabel"/>
    <link:loc xlink:type="locator" xlink:label="loc_us-gaap_AdditionalPaidInCapitalCommonStock_2088f810-07cc-40cd-a1f0-7c27ffbfc4cb" xlink:href="https://xbrl.fasb.org/us-gaap/2024/elts/us-gaap-2024.xsd#us-gaap_AdditionalPaidInCapitalCommonStock"/>
    <link:presentationArc order="3" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaap_StockholdersEquityIncludingPortionAttributableToNoncontrollingInterestAbstract_723d0a90-8f75-44a6-ba08-8188061ff7f9" xlink:to="loc_us-gaap_AdditionalPaidInCapitalCommonStock_2088f810-07cc-40cd-a1f0-7c27ffbfc4cb" xlink:type="arc" preferredLabel="http://www.xbrl.org/2003/role/terseLabel"/>
    <link:loc xlink:type="locator" xlink:label="loc_us-gaap_AccumulatedDistributionsInExcessOfNetIncome_cc438fb1-d991-46e3-9c1b-e78a98615c6d" xlink:href="https://xbrl.fasb.org/us-gaap/2024/elts/us-gaap-2024.xsd#us-gaap_AccumulatedDistributionsInExcessOfNetIncome"/>
    <link:presentationArc order="4" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaap_StockholdersEquityIncludingPortionAttributableToNoncontrollingInterestAbstract_723d0a90-8f75-44a6-ba08-8188061ff7f9" xlink:to="loc_us-gaap_AccumulatedDistributionsInExcessOfNetIncome_cc438fb1-d991-46e3-9c1b-e78a98615c6d" xlink:type="arc" preferredLabel="http://www.xbrl.org/2009/role/negatedLabel"/>
    <link:loc xlink:type="locator" xlink:label="loc_us-gaap_AccumulatedOtherComprehensiveIncomeLossNetOfTax_1b8f1a22-2c2b-44e4-9a33-3e49d30fdb13" xlink:href="https://xbrl.fasb.org/us-gaap/2024/elts/us-gaap-2024.xsd#us-gaap_AccumulatedOtherComprehensiveIncomeLossNetOfTax"/>
    <link:presentationArc order="5" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaap_StockholdersEquityIncludingPortionAttributableToNoncontrollingInterestAbstract_723d0a90-8f75-44a6-ba08-8188061ff7f9" xlink:to="loc_us-gaap_AccumulatedOtherComprehensiveIncomeLossNetOfTax_1b8f1a22-2c2b-44e4-9a33-3e49d30fdb13" xlink:type="arc" preferredLabel="http://www.xbrl.org/2003/role/terseLabel"/>
    <link:loc xlink:type="locator" xlink:label="loc_us-gaap_StockholdersEquity_0f95196a-ea8c-41a4-a31a-082dae7a1e2c" xlink:href="https://xbrl.fasb.org/us-gaap/2024/elts/us-gaap-2024.xsd#us-gaap_StockholdersEquity"/>
    <link:presentationArc order="6" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaap_StockholdersEquityIncludingPortionAttributableToNoncontrollingInterestAbstract_723d0a90-8f75-44a6-ba08-8188061ff7f9" xlink:to="loc_us-gaap_StockholdersEquity_0f95196a-ea8c-41a4-a31a-082dae7a1e2c" xlink:type="arc" preferredLabel="http://www.xbrl.org/2003/role/terseLabel"/>
    <link:loc xlink:type="locator" xlink:label="loc_us-gaap_MinorityInterest_a9b7cc9f-a987-485a-86d5-a31de67b5f67" xlink:href="https://xbrl.fasb.org/us-gaap/2024/elts/us-gaap-2024.xsd#us-gaap_MinorityInterest"/>
    <link:presentationArc order="7" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaap_StockholdersEquityIncludingPortionAttributableToNoncontrollingInterestAbstract_723d0a90-8f75-44a6-ba08-8188061ff7f9" xlink:to="loc_us-gaap_MinorityInterest_a9b7cc9f-a987-485a-86d5-a31de67b5f67" xlink:type="arc" preferredLabel="http://www.xbrl.org/2003/role/terseLabel"/>
    <link:loc xlink:type="locator" xlink:label="loc_us-gaap_StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest_ed8f8525-ec3f-4991-8909-b06ed0c953b6" xlink:href="https://xbrl.fasb.org/us-gaap/2024/elts/us-gaap-2024.xsd#us-gaap_StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest"/>
    <link:presentationArc order="8" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaap_StockholdersEquityIncludingPortionAttributableToNoncontrollingInterestAbstract_723d0a90-8f75-44a6-ba08-8188061ff7f9" xlink:to="loc_us-gaap_StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest_ed8f8525-ec3f-4991-8909-b06ed0c953b6" xlink:type="arc" preferredLabel="http://www.xbrl.org/2003/role/totalLabel"/>
    <link:loc xlink:type="locator" xlink:label="loc_us-gaap_PartnersCapitalAbstract_d3f5f60e-d0a0-47c4-806f-ae9790866092" xlink:href="https://xbrl.fasb.org/us-gaap/2024/elts/us-gaap-2024.xsd#us-gaap_PartnersCapitalAbstract"/>
    <link:presentationArc order="6" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaap_StatementLineItems_1f6bd3b6-808a-4b7f-b294-9dc4c4811fa0" xlink:to="loc_us-gaap_PartnersCapitalAbstract_d3f5f60e-d0a0-47c4-806f-ae9790866092" xlink:type="arc" preferredLabel="http://www.xbrl.org/2003/role/terseLabel"/>
    <link:loc xlink:type="locator" xlink:label="loc_us-gaap_PreferredUnitsPreferredPartnersCapitalAccounts_3e0e7f49-213c-47a0-9572-4b809f145b74" xlink:href="https://xbrl.fasb.org/us-gaap/2024/elts/us-gaap-2024.xsd#us-gaap_PreferredUnitsPreferredPartnersCapitalAccounts"/>
    <link:presentationArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaap_PartnersCapitalAbstract_d3f5f60e-d0a0-47c4-806f-ae9790866092" xlink:to="loc_us-gaap_PreferredUnitsPreferredPartnersCapitalAccounts_3e0e7f49-213c-47a0-9572-4b809f145b74" xlink:type="arc" preferredLabel="http://www.xbrl.org/2003/role/terseLabel"/>
    <link:loc xlink:type="locator" xlink:label="loc_frt_CommonUnitsCapitalAccounts_6a40430d-a709-43ba-8cf7-076df0f79568" xlink:href="frt-20240930.xsd#frt_CommonUnitsCapitalAccounts"/>
    <link:presentationArc order="2" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaap_PartnersCapitalAbstract_d3f5f60e-d0a0-47c4-806f-ae9790866092" xlink:to="loc_frt_CommonUnitsCapitalAccounts_6a40430d-a709-43ba-8cf7-076df0f79568" xlink:type="arc" preferredLabel="http://www.xbrl.org/2003/role/terseLabel"/>
    <link:loc xlink:type="locator" xlink:label="loc_us-gaap_AccumulatedOtherComprehensiveIncomeLossNetOfTax_be5c8bb6-f664-4dfa-b64e-13ae12058611" xlink:href="https://xbrl.fasb.org/us-gaap/2024/elts/us-gaap-2024.xsd#us-gaap_AccumulatedOtherComprehensiveIncomeLossNetOfTax"/>
    <link:presentationArc order="3" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaap_PartnersCapitalAbstract_d3f5f60e-d0a0-47c4-806f-ae9790866092" xlink:to="loc_us-gaap_AccumulatedOtherComprehensiveIncomeLossNetOfTax_be5c8bb6-f664-4dfa-b64e-13ae12058611" xlink:type="arc" preferredLabel="http://www.xbrl.org/2003/role/terseLabel"/>
    <link:loc xlink:type="locator" xlink:label="loc_us-gaap_PartnersCapital_629730a3-5298-49eb-836a-dedbdbb7b4fc" xlink:href="https://xbrl.fasb.org/us-gaap/2024/elts/us-gaap-2024.xsd#us-gaap_PartnersCapital"/>
    <link:presentationArc order="4" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaap_PartnersCapitalAbstract_d3f5f60e-d0a0-47c4-806f-ae9790866092" xlink:to="loc_us-gaap_PartnersCapital_629730a3-5298-49eb-836a-dedbdbb7b4fc" xlink:type="arc" preferredLabel="http://www.xbrl.org/2003/role/terseLabel"/>
    <link:loc xlink:type="locator" xlink:label="loc_us-gaap_PartnersCapitalAttributableToNoncontrollingInterest_1a25719a-d057-4b20-8bca-a1b547fecff4" xlink:href="https://xbrl.fasb.org/us-gaap/2024/elts/us-gaap-2024.xsd#us-gaap_PartnersCapitalAttributableToNoncontrollingInterest"/>
    <link:presentationArc order="5" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaap_PartnersCapitalAbstract_d3f5f60e-d0a0-47c4-806f-ae9790866092" xlink:to="loc_us-gaap_PartnersCapitalAttributableToNoncontrollingInterest_1a25719a-d057-4b20-8bca-a1b547fecff4" xlink:type="arc" preferredLabel="http://www.xbrl.org/2003/role/terseLabel"/>
    <link:loc xlink:type="locator" xlink:label="loc_us-gaap_PartnersCapitalIncludingPortionAttributableToNoncontrollingInterest_10a9c523-0852-4aaf-a9f5-e691e9444fc0" xlink:href="https://xbrl.fasb.org/us-gaap/2024/elts/us-gaap-2024.xsd#us-gaap_PartnersCapitalIncludingPortionAttributableToNoncontrollingInterest"/>
    <link:presentationArc order="6" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaap_PartnersCapitalAbstract_d3f5f60e-d0a0-47c4-806f-ae9790866092" xlink:to="loc_us-gaap_PartnersCapitalIncludingPortionAttributableToNoncontrollingInterest_10a9c523-0852-4aaf-a9f5-e691e9444fc0" xlink:type="arc" preferredLabel="http://www.xbrl.org/2003/role/terseLabel"/>
    <link:loc xlink:type="locator" xlink:label="loc_us-gaap_LiabilitiesAndStockholdersEquity_7c06d8b8-e416-4668-bfe8-150aa516db70" xlink:href="https://xbrl.fasb.org/us-gaap/2024/elts/us-gaap-2024.xsd#us-gaap_LiabilitiesAndStockholdersEquity"/>
    <link:presentationArc order="7" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaap_StatementLineItems_1f6bd3b6-808a-4b7f-b294-9dc4c4811fa0" xlink:to="loc_us-gaap_LiabilitiesAndStockholdersEquity_7c06d8b8-e416-4668-bfe8-150aa516db70" 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-20240930.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_7f154cfc-1509-4858-83f7-29acb897d0b1" xlink:href="https://xbrl.fasb.org/us-gaap/2024/elts/us-gaap-2024.xsd#us-gaap_StatementOfFinancialPositionAbstract"/>
    <link:loc xlink:type="locator" xlink:label="loc_us-gaap_StatementTable_0d6fc45b-859a-46f6-bc40-2e5e94409160" xlink:href="https://xbrl.fasb.org/us-gaap/2024/elts/us-gaap-2024.xsd#us-gaap_StatementTable"/>
    <link:presentationArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaap_StatementOfFinancialPositionAbstract_7f154cfc-1509-4858-83f7-29acb897d0b1" xlink:to="loc_us-gaap_StatementTable_0d6fc45b-859a-46f6-bc40-2e5e94409160" xlink:type="arc" preferredLabel="http://www.xbrl.org/2003/role/terseLabel"/>
    <link:loc xlink:type="locator" xlink:label="loc_us-gaap_StatementClassOfStockAxis_4f114957-14b4-45f1-8c66-c9695b5b61c0" xlink:href="https://xbrl.fasb.org/us-gaap/2024/elts/us-gaap-2024.xsd#us-gaap_StatementClassOfStockAxis"/>
    <link:presentationArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaap_StatementTable_0d6fc45b-859a-46f6-bc40-2e5e94409160" xlink:to="loc_us-gaap_StatementClassOfStockAxis_4f114957-14b4-45f1-8c66-c9695b5b61c0" xlink:type="arc" preferredLabel="http://www.xbrl.org/2003/role/terseLabel"/>
    <link:loc xlink:type="locator" xlink:label="loc_us-gaap_ClassOfStockDomain_596bd20f-1d45-4546-adb7-058a799040ed" xlink:href="https://xbrl.fasb.org/us-gaap/2024/elts/us-gaap-2024.xsd#us-gaap_ClassOfStockDomain"/>
    <link:presentationArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaap_StatementClassOfStockAxis_4f114957-14b4-45f1-8c66-c9695b5b61c0" xlink:to="loc_us-gaap_ClassOfStockDomain_596bd20f-1d45-4546-adb7-058a799040ed" xlink:type="arc" preferredLabel="http://www.xbrl.org/2003/role/terseLabel"/>
    <link:loc xlink:type="locator" xlink:label="loc_frt_A5417Series1CumulativeConvertiblePreferredMember_3db20997-af2c-4bbe-9c4f-4c7c8fd429d8" xlink:href="frt-20240930.xsd#frt_A5417Series1CumulativeConvertiblePreferredMember"/>
    <link:presentationArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaap_ClassOfStockDomain_596bd20f-1d45-4546-adb7-058a799040ed" xlink:to="loc_frt_A5417Series1CumulativeConvertiblePreferredMember_3db20997-af2c-4bbe-9c4f-4c7c8fd429d8" xlink:type="arc" preferredLabel="http://www.xbrl.org/2003/role/terseLabel"/>
    <link:loc xlink:type="locator" xlink:label="loc_frt_A5.0SeriesCCumulativeRedeemablePreferredMember_ab20326d-4358-4b42-894d-355fed120695" xlink:href="frt-20240930.xsd#frt_A5.0SeriesCCumulativeRedeemablePreferredMember"/>
    <link:presentationArc order="2" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaap_ClassOfStockDomain_596bd20f-1d45-4546-adb7-058a799040ed" xlink:to="loc_frt_A5.0SeriesCCumulativeRedeemablePreferredMember_ab20326d-4358-4b42-894d-355fed120695" xlink:type="arc" preferredLabel="http://www.xbrl.org/2003/role/terseLabel"/>
    <link:loc xlink:type="locator" xlink:label="loc_srt_ConsolidatedEntitiesAxis_03fcabbe-b1ab-4061-a2fe-27a99d5a7141" xlink:href="https://xbrl.fasb.org/srt/2024/elts/srt-2024.xsd#srt_ConsolidatedEntitiesAxis"/>
    <link:presentationArc order="2" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaap_StatementTable_0d6fc45b-859a-46f6-bc40-2e5e94409160" xlink:to="loc_srt_ConsolidatedEntitiesAxis_03fcabbe-b1ab-4061-a2fe-27a99d5a7141" xlink:type="arc" preferredLabel="http://www.xbrl.org/2003/role/terseLabel"/>
    <link:loc xlink:type="locator" xlink:label="loc_srt_ConsolidatedEntitiesDomain_0db38ab6-b22c-4922-a09c-9f0aa6caf9a2" xlink:href="https://xbrl.fasb.org/srt/2024/elts/srt-2024.xsd#srt_ConsolidatedEntitiesDomain"/>
    <link:presentationArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_srt_ConsolidatedEntitiesAxis_03fcabbe-b1ab-4061-a2fe-27a99d5a7141" xlink:to="loc_srt_ConsolidatedEntitiesDomain_0db38ab6-b22c-4922-a09c-9f0aa6caf9a2" xlink:type="arc" preferredLabel="http://www.xbrl.org/2003/role/terseLabel"/>
    <link:loc xlink:type="locator" xlink:label="loc_srt_PartnershipInterestMember_15064867-3f61-48b3-9588-7479891d2a82" xlink:href="https://xbrl.fasb.org/srt/2024/elts/srt-2024.xsd#srt_PartnershipInterestMember"/>
    <link:presentationArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_srt_ConsolidatedEntitiesDomain_0db38ab6-b22c-4922-a09c-9f0aa6caf9a2" xlink:to="loc_srt_PartnershipInterestMember_15064867-3f61-48b3-9588-7479891d2a82" xlink:type="arc" preferredLabel="http://www.xbrl.org/2003/role/terseLabel"/>
    <link:loc xlink:type="locator" xlink:label="loc_us-gaap_StatementLineItems_71fbae31-15c9-4073-ba43-d2dd6229fb8d" xlink:href="https://xbrl.fasb.org/us-gaap/2024/elts/us-gaap-2024.xsd#us-gaap_StatementLineItems"/>
    <link:presentationArc order="3" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaap_StatementTable_0d6fc45b-859a-46f6-bc40-2e5e94409160" xlink:to="loc_us-gaap_StatementLineItems_71fbae31-15c9-4073-ba43-d2dd6229fb8d" xlink:type="arc" preferredLabel="http://www.xbrl.org/2003/role/terseLabel"/>
    <link:loc xlink:type="locator" xlink:label="loc_frt_OperatingRealEstateFromConsolidatedVariableInterestEntities_2535b2f7-5fc0-4f16-8f13-da1b0fc4cf3d" xlink:href="frt-20240930.xsd#frt_OperatingRealEstateFromConsolidatedVariableInterestEntities"/>
    <link:presentationArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaap_StatementLineItems_71fbae31-15c9-4073-ba43-d2dd6229fb8d" xlink:to="loc_frt_OperatingRealEstateFromConsolidatedVariableInterestEntities_2535b2f7-5fc0-4f16-8f13-da1b0fc4cf3d" xlink:type="arc" preferredLabel="http://www.xbrl.org/2003/role/terseLabel"/>
    <link:loc xlink:type="locator" xlink:label="loc_frt_Constructioninprogresofconsolidatedvariableieestentity_4b83f554-e6ed-4ba9-9bba-d47410208aae" xlink:href="frt-20240930.xsd#frt_Constructioninprogresofconsolidatedvariableieestentity"/>
    <link:presentationArc order="2" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaap_StatementLineItems_71fbae31-15c9-4073-ba43-d2dd6229fb8d" xlink:to="loc_frt_Constructioninprogresofconsolidatedvariableieestentity_4b83f554-e6ed-4ba9-9bba-d47410208aae" xlink:type="arc" preferredLabel="http://www.xbrl.org/2003/role/terseLabel"/>
    <link:loc xlink:type="locator" xlink:label="loc_frt_AccumulatedDepreciationAndAmortizationConsolidatedVariableInterestEntities_456d24f7-eea7-4e58-9093-006a0a95335e" xlink:href="frt-20240930.xsd#frt_AccumulatedDepreciationAndAmortizationConsolidatedVariableInterestEntities"/>
    <link:presentationArc order="3" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaap_StatementLineItems_71fbae31-15c9-4073-ba43-d2dd6229fb8d" xlink:to="loc_frt_AccumulatedDepreciationAndAmortizationConsolidatedVariableInterestEntities_456d24f7-eea7-4e58-9093-006a0a95335e" xlink:type="arc" preferredLabel="http://www.xbrl.org/2003/role/terseLabel"/>
    <link:loc xlink:type="locator" xlink:label="loc_frt_MortgagePayableFromConsolidatedVariableInterestEntities_e9dd78f9-63a4-48dc-a3eb-800b83d96562" xlink:href="frt-20240930.xsd#frt_MortgagePayableFromConsolidatedVariableInterestEntities"/>
    <link:presentationArc order="4" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaap_StatementLineItems_71fbae31-15c9-4073-ba43-d2dd6229fb8d" xlink:to="loc_frt_MortgagePayableFromConsolidatedVariableInterestEntities_e9dd78f9-63a4-48dc-a3eb-800b83d96562" xlink:type="arc" preferredLabel="http://www.xbrl.org/2003/role/terseLabel"/>
    <link:loc xlink:type="locator" xlink:label="loc_us-gaap_PreferredStockSharesAuthorized_f79405e8-bf93-4025-9af6-af942f26ceae" xlink:href="https://xbrl.fasb.org/us-gaap/2024/elts/us-gaap-2024.xsd#us-gaap_PreferredStockSharesAuthorized"/>
    <link:presentationArc order="5" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaap_StatementLineItems_71fbae31-15c9-4073-ba43-d2dd6229fb8d" xlink:to="loc_us-gaap_PreferredStockSharesAuthorized_f79405e8-bf93-4025-9af6-af942f26ceae" xlink:type="arc" preferredLabel="http://www.xbrl.org/2003/role/terseLabel"/>
    <link:loc xlink:type="locator" xlink:label="loc_us-gaap_PreferredStockParOrStatedValuePerShare_1283ec10-efff-4b96-b702-f5562edd68ed" xlink:href="https://xbrl.fasb.org/us-gaap/2024/elts/us-gaap-2024.xsd#us-gaap_PreferredStockParOrStatedValuePerShare"/>
    <link:presentationArc order="6" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaap_StatementLineItems_71fbae31-15c9-4073-ba43-d2dd6229fb8d" xlink:to="loc_us-gaap_PreferredStockParOrStatedValuePerShare_1283ec10-efff-4b96-b702-f5562edd68ed" xlink:type="arc" preferredLabel="http://www.xbrl.org/2003/role/terseLabel"/>
    <link:loc xlink:type="locator" xlink:label="loc_us-gaap_PreferredStockDividendRatePercentage_1bd45f61-0422-44e6-bfd6-442794e9f073" xlink:href="https://xbrl.fasb.org/us-gaap/2024/elts/us-gaap-2024.xsd#us-gaap_PreferredStockDividendRatePercentage"/>
    <link:presentationArc order="7" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaap_StatementLineItems_71fbae31-15c9-4073-ba43-d2dd6229fb8d" xlink:to="loc_us-gaap_PreferredStockDividendRatePercentage_1bd45f61-0422-44e6-bfd6-442794e9f073" xlink:type="arc" preferredLabel="http://www.xbrl.org/2003/role/terseLabel"/>
    <link:loc xlink:type="locator" xlink:label="loc_us-gaap_PreferredStockLiquidationPreference_c4ad6a8a-398a-489b-a466-c27f268614f2" xlink:href="https://xbrl.fasb.org/us-gaap/2024/elts/us-gaap-2024.xsd#us-gaap_PreferredStockLiquidationPreference"/>
    <link:presentationArc order="8" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaap_StatementLineItems_71fbae31-15c9-4073-ba43-d2dd6229fb8d" xlink:to="loc_us-gaap_PreferredStockLiquidationPreference_c4ad6a8a-398a-489b-a466-c27f268614f2" xlink:type="arc" preferredLabel="http://www.xbrl.org/2003/role/terseLabel"/>
    <link:loc xlink:type="locator" xlink:label="loc_us-gaap_PreferredStockSharesIssued_68b28404-1138-4684-9cba-535a44a6ffca" xlink:href="https://xbrl.fasb.org/us-gaap/2024/elts/us-gaap-2024.xsd#us-gaap_PreferredStockSharesIssued"/>
    <link:presentationArc order="9" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaap_StatementLineItems_71fbae31-15c9-4073-ba43-d2dd6229fb8d" xlink:to="loc_us-gaap_PreferredStockSharesIssued_68b28404-1138-4684-9cba-535a44a6ffca" xlink:type="arc" preferredLabel="http://www.xbrl.org/2003/role/terseLabel"/>
    <link:loc xlink:type="locator" xlink:label="loc_us-gaap_CommonStockParOrStatedValuePerShare_47e6d38d-083c-43bc-88e1-c2662fe6e24c" xlink:href="https://xbrl.fasb.org/us-gaap/2024/elts/us-gaap-2024.xsd#us-gaap_CommonStockParOrStatedValuePerShare"/>
    <link:presentationArc order="10" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaap_StatementLineItems_71fbae31-15c9-4073-ba43-d2dd6229fb8d" xlink:to="loc_us-gaap_CommonStockParOrStatedValuePerShare_47e6d38d-083c-43bc-88e1-c2662fe6e24c" xlink:type="arc" preferredLabel="http://www.xbrl.org/2003/role/terseLabel"/>
    <link:loc xlink:type="locator" xlink:label="loc_us-gaap_CommonStockSharesAuthorized_d717d6aa-c4f2-4f3c-a863-b0544618f7dc" xlink:href="https://xbrl.fasb.org/us-gaap/2024/elts/us-gaap-2024.xsd#us-gaap_CommonStockSharesAuthorized"/>
    <link:presentationArc order="11" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaap_StatementLineItems_71fbae31-15c9-4073-ba43-d2dd6229fb8d" xlink:to="loc_us-gaap_CommonStockSharesAuthorized_d717d6aa-c4f2-4f3c-a863-b0544618f7dc" xlink:type="arc" preferredLabel="http://www.xbrl.org/2003/role/terseLabel"/>
    <link:loc xlink:type="locator" xlink:label="loc_us-gaap_CommonStockSharesIssued_ca65542b-ebc7-448a-9610-00736445f388" xlink:href="https://xbrl.fasb.org/us-gaap/2024/elts/us-gaap-2024.xsd#us-gaap_CommonStockSharesIssued"/>
    <link:presentationArc order="12" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaap_StatementLineItems_71fbae31-15c9-4073-ba43-d2dd6229fb8d" xlink:to="loc_us-gaap_CommonStockSharesIssued_ca65542b-ebc7-448a-9610-00736445f388" xlink:type="arc" preferredLabel="http://www.xbrl.org/2003/role/terseLabel"/>
    <link:loc xlink:type="locator" xlink:label="loc_us-gaap_CommonStockSharesOutstanding_e045699a-41e3-4de5-8e71-a48ab0fc4214" xlink:href="https://xbrl.fasb.org/us-gaap/2024/elts/us-gaap-2024.xsd#us-gaap_CommonStockSharesOutstanding"/>
    <link:presentationArc order="13" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaap_StatementLineItems_71fbae31-15c9-4073-ba43-d2dd6229fb8d" xlink:to="loc_us-gaap_CommonStockSharesOutstanding_e045699a-41e3-4de5-8e71-a48ab0fc4214" xlink:type="arc" preferredLabel="http://www.xbrl.org/2003/role/terseLabel"/>
    <link:loc xlink:type="locator" xlink:label="loc_us-gaap_PreferredStockSharesOutstanding_be1fd97c-c844-422f-aced-b3a1772f0322" xlink:href="https://xbrl.fasb.org/us-gaap/2024/elts/us-gaap-2024.xsd#us-gaap_PreferredStockSharesOutstanding"/>
    <link:presentationArc order="14" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaap_StatementLineItems_71fbae31-15c9-4073-ba43-d2dd6229fb8d" xlink:to="loc_us-gaap_PreferredStockSharesOutstanding_be1fd97c-c844-422f-aced-b3a1772f0322" xlink:type="arc" preferredLabel="http://www.xbrl.org/2003/role/terseLabel"/>
    <link:loc xlink:type="locator" xlink:label="loc_us-gaap_PreferredUnitsIssued_094201ef-5152-43d0-88f8-7770ca5b0b51" xlink:href="https://xbrl.fasb.org/us-gaap/2024/elts/us-gaap-2024.xsd#us-gaap_PreferredUnitsIssued"/>
    <link:presentationArc order="15" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaap_StatementLineItems_71fbae31-15c9-4073-ba43-d2dd6229fb8d" xlink:to="loc_us-gaap_PreferredUnitsIssued_094201ef-5152-43d0-88f8-7770ca5b0b51" xlink:type="arc" preferredLabel="http://www.xbrl.org/2003/role/terseLabel"/>
    <link:loc xlink:type="locator" xlink:label="loc_us-gaap_PreferredUnitsOutstanding_25c88df1-93cb-4766-b712-4ab2bed7a740" xlink:href="https://xbrl.fasb.org/us-gaap/2024/elts/us-gaap-2024.xsd#us-gaap_PreferredUnitsOutstanding"/>
    <link:presentationArc order="16" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaap_StatementLineItems_71fbae31-15c9-4073-ba43-d2dd6229fb8d" xlink:to="loc_us-gaap_PreferredUnitsOutstanding_25c88df1-93cb-4766-b712-4ab2bed7a740" xlink:type="arc" preferredLabel="http://www.xbrl.org/2003/role/terseLabel"/>
    <link:loc xlink:type="locator" xlink:label="loc_us-gaap_CommonUnitIssued_0cf37577-fc56-42c0-b5e9-e7090998247f" xlink:href="https://xbrl.fasb.org/us-gaap/2024/elts/us-gaap-2024.xsd#us-gaap_CommonUnitIssued"/>
    <link:presentationArc order="17" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaap_StatementLineItems_71fbae31-15c9-4073-ba43-d2dd6229fb8d" xlink:to="loc_us-gaap_CommonUnitIssued_0cf37577-fc56-42c0-b5e9-e7090998247f" xlink:type="arc" preferredLabel="http://www.xbrl.org/2003/role/terseLabel"/>
    <link:loc xlink:type="locator" xlink:label="loc_us-gaap_CommonUnitOutstanding_47a6f03a-f53a-490d-a67e-91c10325578f" xlink:href="https://xbrl.fasb.org/us-gaap/2024/elts/us-gaap-2024.xsd#us-gaap_CommonUnitOutstanding"/>
    <link:presentationArc order="18" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaap_StatementLineItems_71fbae31-15c9-4073-ba43-d2dd6229fb8d" xlink:to="loc_us-gaap_CommonUnitOutstanding_47a6f03a-f53a-490d-a67e-91c10325578f" 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-20240930.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_97305a27-d0fe-4e1c-80b0-8d1526286bd4" xlink:href="https://xbrl.fasb.org/us-gaap/2024/elts/us-gaap-2024.xsd#us-gaap_IncomeStatementAbstract"/>
    <link:loc xlink:type="locator" xlink:label="loc_us-gaap_StatementTable_ee3a5c11-5c4e-4a09-aeb7-9bbeadcee1fe" xlink:href="https://xbrl.fasb.org/us-gaap/2024/elts/us-gaap-2024.xsd#us-gaap_StatementTable"/>
    <link:presentationArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaap_IncomeStatementAbstract_97305a27-d0fe-4e1c-80b0-8d1526286bd4" xlink:to="loc_us-gaap_StatementTable_ee3a5c11-5c4e-4a09-aeb7-9bbeadcee1fe" xlink:type="arc" preferredLabel="http://www.xbrl.org/2003/role/terseLabel"/>
    <link:loc xlink:type="locator" xlink:label="loc_srt_ConsolidatedEntitiesAxis_3c6dd143-23d1-46f9-9346-4ffce1f6840a" xlink:href="https://xbrl.fasb.org/srt/2024/elts/srt-2024.xsd#srt_ConsolidatedEntitiesAxis"/>
    <link:presentationArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaap_StatementTable_ee3a5c11-5c4e-4a09-aeb7-9bbeadcee1fe" xlink:to="loc_srt_ConsolidatedEntitiesAxis_3c6dd143-23d1-46f9-9346-4ffce1f6840a" xlink:type="arc" preferredLabel="http://www.xbrl.org/2003/role/terseLabel"/>
    <link:loc xlink:type="locator" xlink:label="loc_srt_ConsolidatedEntitiesDomain_b9f3a33c-ea36-494e-9b67-1a960ef12d56" xlink:href="https://xbrl.fasb.org/srt/2024/elts/srt-2024.xsd#srt_ConsolidatedEntitiesDomain"/>
    <link:presentationArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_srt_ConsolidatedEntitiesAxis_3c6dd143-23d1-46f9-9346-4ffce1f6840a" xlink:to="loc_srt_ConsolidatedEntitiesDomain_b9f3a33c-ea36-494e-9b67-1a960ef12d56" xlink:type="arc" preferredLabel="http://www.xbrl.org/2003/role/terseLabel"/>
    <link:loc xlink:type="locator" xlink:label="loc_srt_PartnershipInterestMember_900f1c57-461b-4377-b53e-a135c2f0a411" xlink:href="https://xbrl.fasb.org/srt/2024/elts/srt-2024.xsd#srt_PartnershipInterestMember"/>
    <link:presentationArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_srt_ConsolidatedEntitiesDomain_b9f3a33c-ea36-494e-9b67-1a960ef12d56" xlink:to="loc_srt_PartnershipInterestMember_900f1c57-461b-4377-b53e-a135c2f0a411" xlink:type="arc" preferredLabel="http://www.xbrl.org/2003/role/terseLabel"/>
    <link:loc xlink:type="locator" xlink:label="loc_us-gaap_StatementLineItems_6b502e6c-32f4-4584-94b4-29f9cbbcfa6b" xlink:href="https://xbrl.fasb.org/us-gaap/2024/elts/us-gaap-2024.xsd#us-gaap_StatementLineItems"/>
    <link:presentationArc order="2" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaap_StatementTable_ee3a5c11-5c4e-4a09-aeb7-9bbeadcee1fe" xlink:to="loc_us-gaap_StatementLineItems_6b502e6c-32f4-4584-94b4-29f9cbbcfa6b" xlink:type="arc" preferredLabel="http://www.xbrl.org/2003/role/terseLabel"/>
    <link:loc xlink:type="locator" xlink:label="loc_us-gaap_RevenuesAbstract_2ab2c16e-29de-4aa5-9861-81b197849c6b" xlink:href="https://xbrl.fasb.org/us-gaap/2024/elts/us-gaap-2024.xsd#us-gaap_RevenuesAbstract"/>
    <link:presentationArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaap_StatementLineItems_6b502e6c-32f4-4584-94b4-29f9cbbcfa6b" xlink:to="loc_us-gaap_RevenuesAbstract_2ab2c16e-29de-4aa5-9861-81b197849c6b" xlink:type="arc" preferredLabel="http://www.xbrl.org/2003/role/terseLabel"/>
    <link:loc xlink:type="locator" xlink:label="loc_us-gaap_OperatingLeaseLeaseIncome_92e73847-dbf9-43de-a07d-18ef17fcd7c1" xlink:href="https://xbrl.fasb.org/us-gaap/2024/elts/us-gaap-2024.xsd#us-gaap_OperatingLeaseLeaseIncome"/>
    <link:presentationArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaap_RevenuesAbstract_2ab2c16e-29de-4aa5-9861-81b197849c6b" xlink:to="loc_us-gaap_OperatingLeaseLeaseIncome_92e73847-dbf9-43de-a07d-18ef17fcd7c1" xlink:type="arc" preferredLabel="http://www.xbrl.org/2003/role/terseLabel"/>
    <link:loc xlink:type="locator" xlink:label="loc_frt_RevenueMortgageInterest_47674186-d28c-4a9a-b995-fe020740418b" xlink:href="frt-20240930.xsd#frt_RevenueMortgageInterest"/>
    <link:presentationArc order="2" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaap_RevenuesAbstract_2ab2c16e-29de-4aa5-9861-81b197849c6b" xlink:to="loc_frt_RevenueMortgageInterest_47674186-d28c-4a9a-b995-fe020740418b" xlink:type="arc" preferredLabel="http://www.xbrl.org/2003/role/terseLabel"/>
    <link:loc xlink:type="locator" xlink:label="loc_us-gaap_Revenues_e171aff4-dfad-457e-82e2-4af967c08847" xlink:href="https://xbrl.fasb.org/us-gaap/2024/elts/us-gaap-2024.xsd#us-gaap_Revenues"/>
    <link:presentationArc order="3" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaap_RevenuesAbstract_2ab2c16e-29de-4aa5-9861-81b197849c6b" xlink:to="loc_us-gaap_Revenues_e171aff4-dfad-457e-82e2-4af967c08847" xlink:type="arc" preferredLabel="http://www.xbrl.org/2003/role/totalLabel"/>
    <link:loc xlink:type="locator" xlink:label="loc_us-gaap_OperatingExpensesAbstract_9f05ff54-d9e1-45e8-a818-c37fef15413d" xlink:href="https://xbrl.fasb.org/us-gaap/2024/elts/us-gaap-2024.xsd#us-gaap_OperatingExpensesAbstract"/>
    <link:presentationArc order="2" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaap_StatementLineItems_6b502e6c-32f4-4584-94b4-29f9cbbcfa6b" xlink:to="loc_us-gaap_OperatingExpensesAbstract_9f05ff54-d9e1-45e8-a818-c37fef15413d" xlink:type="arc" preferredLabel="http://www.xbrl.org/2003/role/terseLabel"/>
    <link:loc xlink:type="locator" xlink:label="loc_us-gaap_OtherCostAndExpenseOperating_f5b67556-afcf-4594-ab45-cd32b4674720" xlink:href="https://xbrl.fasb.org/us-gaap/2024/elts/us-gaap-2024.xsd#us-gaap_OtherCostAndExpenseOperating"/>
    <link:presentationArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaap_OperatingExpensesAbstract_9f05ff54-d9e1-45e8-a818-c37fef15413d" xlink:to="loc_us-gaap_OtherCostAndExpenseOperating_f5b67556-afcf-4594-ab45-cd32b4674720" xlink:type="arc" preferredLabel="http://www.xbrl.org/2003/role/terseLabel"/>
    <link:loc xlink:type="locator" xlink:label="loc_us-gaap_RealEstateTaxExpense_0af5eb24-48ad-4e4e-8eba-b8b3cef497d5" xlink:href="https://xbrl.fasb.org/us-gaap/2024/elts/us-gaap-2024.xsd#us-gaap_RealEstateTaxExpense"/>
    <link:presentationArc order="2" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaap_OperatingExpensesAbstract_9f05ff54-d9e1-45e8-a818-c37fef15413d" xlink:to="loc_us-gaap_RealEstateTaxExpense_0af5eb24-48ad-4e4e-8eba-b8b3cef497d5" xlink:type="arc" preferredLabel="http://www.xbrl.org/2003/role/terseLabel"/>
    <link:loc xlink:type="locator" xlink:label="loc_us-gaap_GeneralAndAdministrativeExpense_46e2eaca-c6e7-47d9-8e98-852a1989e6aa" xlink:href="https://xbrl.fasb.org/us-gaap/2024/elts/us-gaap-2024.xsd#us-gaap_GeneralAndAdministrativeExpense"/>
    <link:presentationArc order="3" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaap_OperatingExpensesAbstract_9f05ff54-d9e1-45e8-a818-c37fef15413d" xlink:to="loc_us-gaap_GeneralAndAdministrativeExpense_46e2eaca-c6e7-47d9-8e98-852a1989e6aa" xlink:type="arc" preferredLabel="http://www.xbrl.org/2003/role/terseLabel"/>
    <link:loc xlink:type="locator" xlink:label="loc_us-gaap_DepreciationAndAmortization_b5922fe4-1553-45c9-9b4d-45ec35dbcd31" xlink:href="https://xbrl.fasb.org/us-gaap/2024/elts/us-gaap-2024.xsd#us-gaap_DepreciationAndAmortization"/>
    <link:presentationArc order="4" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaap_OperatingExpensesAbstract_9f05ff54-d9e1-45e8-a818-c37fef15413d" xlink:to="loc_us-gaap_DepreciationAndAmortization_b5922fe4-1553-45c9-9b4d-45ec35dbcd31" xlink:type="arc" preferredLabel="http://www.xbrl.org/2003/role/terseLabel"/>
    <link:loc xlink:type="locator" xlink:label="loc_us-gaap_OperatingExpenses_cf89d577-833c-4b3d-9bfd-4e6cd11bb361" xlink:href="https://xbrl.fasb.org/us-gaap/2024/elts/us-gaap-2024.xsd#us-gaap_OperatingExpenses"/>
    <link:presentationArc order="5" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaap_OperatingExpensesAbstract_9f05ff54-d9e1-45e8-a818-c37fef15413d" xlink:to="loc_us-gaap_OperatingExpenses_cf89d577-833c-4b3d-9bfd-4e6cd11bb361" xlink:type="arc" preferredLabel="http://www.xbrl.org/2003/role/totalLabel"/>
    <link:loc xlink:type="locator" xlink:label="loc_frt_GainOnSaleOfRealEstate_72b58fc0-9df2-498c-a54d-3baf50877b9c" xlink:href="frt-20240930.xsd#frt_GainOnSaleOfRealEstate"/>
    <link:presentationArc order="6" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaap_OperatingExpensesAbstract_9f05ff54-d9e1-45e8-a818-c37fef15413d" xlink:to="loc_frt_GainOnSaleOfRealEstate_72b58fc0-9df2-498c-a54d-3baf50877b9c" xlink:type="arc" preferredLabel="http://www.xbrl.org/2003/role/terseLabel"/>
    <link:loc xlink:type="locator" xlink:label="loc_us-gaap_OperatingIncomeLoss_bb1253a7-f693-48d6-9c30-4a64bb7a60c8" xlink:href="https://xbrl.fasb.org/us-gaap/2024/elts/us-gaap-2024.xsd#us-gaap_OperatingIncomeLoss"/>
    <link:presentationArc order="3" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaap_StatementLineItems_6b502e6c-32f4-4584-94b4-29f9cbbcfa6b" xlink:to="loc_us-gaap_OperatingIncomeLoss_bb1253a7-f693-48d6-9c30-4a64bb7a60c8" xlink:type="arc" preferredLabel="http://www.xbrl.org/2003/role/totalLabel"/>
    <link:loc xlink:type="locator" xlink:label="loc_us-gaap_OtherIncomeAndExpensesAbstract_7af7cb92-1a42-4b85-af38-2d54951e2462" xlink:href="https://xbrl.fasb.org/us-gaap/2024/elts/us-gaap-2024.xsd#us-gaap_OtherIncomeAndExpensesAbstract"/>
    <link:presentationArc order="4" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaap_StatementLineItems_6b502e6c-32f4-4584-94b4-29f9cbbcfa6b" xlink:to="loc_us-gaap_OtherIncomeAndExpensesAbstract_7af7cb92-1a42-4b85-af38-2d54951e2462" xlink:type="arc" preferredLabel="http://www.xbrl.org/2003/role/terseLabel"/>
    <link:loc xlink:type="locator" xlink:label="loc_us-gaap_InterestIncomeOther_a6fcb7be-5b19-4db6-9464-e714ed615458" xlink:href="https://xbrl.fasb.org/us-gaap/2024/elts/us-gaap-2024.xsd#us-gaap_InterestIncomeOther"/>
    <link:presentationArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaap_OtherIncomeAndExpensesAbstract_7af7cb92-1a42-4b85-af38-2d54951e2462" xlink:to="loc_us-gaap_InterestIncomeOther_a6fcb7be-5b19-4db6-9464-e714ed615458" xlink:type="arc" preferredLabel="http://www.xbrl.org/2003/role/terseLabel"/>
    <link:loc xlink:type="locator" xlink:label="loc_us-gaap_InterestExpense_f3b83a69-a256-48ed-84bd-5d241f65169a" xlink:href="https://xbrl.fasb.org/us-gaap/2024/elts/us-gaap-2024.xsd#us-gaap_InterestExpense"/>
    <link:presentationArc order="2" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaap_OtherIncomeAndExpensesAbstract_7af7cb92-1a42-4b85-af38-2d54951e2462" xlink:to="loc_us-gaap_InterestExpense_f3b83a69-a256-48ed-84bd-5d241f65169a" xlink:type="arc" preferredLabel="http://www.xbrl.org/2009/role/negatedLabel"/>
    <link:loc xlink:type="locator" xlink:label="loc_us-gaap_IncomeLossFromEquityMethodInvestments_4cccc900-7fd4-4ecf-ae46-966280bb341a" xlink:href="https://xbrl.fasb.org/us-gaap/2024/elts/us-gaap-2024.xsd#us-gaap_IncomeLossFromEquityMethodInvestments"/>
    <link:presentationArc order="3" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaap_OtherIncomeAndExpensesAbstract_7af7cb92-1a42-4b85-af38-2d54951e2462" xlink:to="loc_us-gaap_IncomeLossFromEquityMethodInvestments_4cccc900-7fd4-4ecf-ae46-966280bb341a" xlink:type="arc" preferredLabel="http://www.xbrl.org/2003/role/verboseLabel"/>
    <link:loc xlink:type="locator" xlink:label="loc_us-gaap_ProfitLoss_84323987-71e3-4d41-aaf4-e6e15a4dee0d" xlink:href="https://xbrl.fasb.org/us-gaap/2024/elts/us-gaap-2024.xsd#us-gaap_ProfitLoss"/>
    <link:presentationArc order="5" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaap_StatementLineItems_6b502e6c-32f4-4584-94b4-29f9cbbcfa6b" xlink:to="loc_us-gaap_ProfitLoss_84323987-71e3-4d41-aaf4-e6e15a4dee0d" xlink:type="arc" preferredLabel="http://www.xbrl.org/2003/role/totalLabel"/>
    <link:loc xlink:type="locator" xlink:label="loc_us-gaap_NetIncomeLossAttributableToNoncontrollingInterest_e45e4325-6b46-4f15-af0c-c140d8735cdf" xlink:href="https://xbrl.fasb.org/us-gaap/2024/elts/us-gaap-2024.xsd#us-gaap_NetIncomeLossAttributableToNoncontrollingInterest"/>
    <link:presentationArc order="6" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaap_StatementLineItems_6b502e6c-32f4-4584-94b4-29f9cbbcfa6b" xlink:to="loc_us-gaap_NetIncomeLossAttributableToNoncontrollingInterest_e45e4325-6b46-4f15-af0c-c140d8735cdf" xlink:type="arc" preferredLabel="http://www.xbrl.org/2009/role/negatedLabel"/>
    <link:loc xlink:type="locator" xlink:label="loc_us-gaap_NetIncomeLoss_48bfcc2b-26c5-4466-b416-997f955606d1" xlink:href="https://xbrl.fasb.org/us-gaap/2024/elts/us-gaap-2024.xsd#us-gaap_NetIncomeLoss"/>
    <link:presentationArc order="7" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaap_StatementLineItems_6b502e6c-32f4-4584-94b4-29f9cbbcfa6b" xlink:to="loc_us-gaap_NetIncomeLoss_48bfcc2b-26c5-4466-b416-997f955606d1" xlink:type="arc" preferredLabel="http://www.xbrl.org/2003/role/totalLabel"/>
    <link:loc xlink:type="locator" xlink:label="loc_us-gaap_PreferredStockDividendsIncomeStatementImpact_da7ae167-ae77-456a-a2c2-da1aa0c25f58" xlink:href="https://xbrl.fasb.org/us-gaap/2024/elts/us-gaap-2024.xsd#us-gaap_PreferredStockDividendsIncomeStatementImpact"/>
    <link:presentationArc order="8" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaap_StatementLineItems_6b502e6c-32f4-4584-94b4-29f9cbbcfa6b" xlink:to="loc_us-gaap_PreferredStockDividendsIncomeStatementImpact_da7ae167-ae77-456a-a2c2-da1aa0c25f58" xlink:type="arc" preferredLabel="http://www.xbrl.org/2009/role/negatedTerseLabel"/>
    <link:loc xlink:type="locator" xlink:label="loc_frt_DistributionsDeclaredToPreferredUnitHolders_428d451c-459f-4740-9f41-e4b1de39b175" xlink:href="frt-20240930.xsd#frt_DistributionsDeclaredToPreferredUnitHolders"/>
    <link:presentationArc order="9" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaap_StatementLineItems_6b502e6c-32f4-4584-94b4-29f9cbbcfa6b" xlink:to="loc_frt_DistributionsDeclaredToPreferredUnitHolders_428d451c-459f-4740-9f41-e4b1de39b175" xlink:type="arc" preferredLabel="http://www.xbrl.org/2009/role/negatedTerseLabel"/>
    <link:loc xlink:type="locator" xlink:label="loc_us-gaap_NetIncomeLossAvailableToCommonStockholdersBasic_6844b1ea-874c-4b67-9e51-c2bef67636ba" xlink:href="https://xbrl.fasb.org/us-gaap/2024/elts/us-gaap-2024.xsd#us-gaap_NetIncomeLossAvailableToCommonStockholdersBasic"/>
    <link:presentationArc order="10" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaap_StatementLineItems_6b502e6c-32f4-4584-94b4-29f9cbbcfa6b" xlink:to="loc_us-gaap_NetIncomeLossAvailableToCommonStockholdersBasic_6844b1ea-874c-4b67-9e51-c2bef67636ba" xlink:type="arc" preferredLabel="http://www.xbrl.org/2003/role/terseLabel"/>
    <link:loc xlink:type="locator" xlink:label="loc_us-gaap_NetIncomeLossAllocatedToGeneralPartners_38c3a119-c865-437d-88d2-fa5fa4fc26ea" xlink:href="https://xbrl.fasb.org/us-gaap/2024/elts/us-gaap-2024.xsd#us-gaap_NetIncomeLossAllocatedToGeneralPartners"/>
    <link:presentationArc order="11" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaap_StatementLineItems_6b502e6c-32f4-4584-94b4-29f9cbbcfa6b" xlink:to="loc_us-gaap_NetIncomeLossAllocatedToGeneralPartners_38c3a119-c865-437d-88d2-fa5fa4fc26ea" xlink:type="arc" preferredLabel="http://www.xbrl.org/2003/role/terseLabel"/>
    <link:loc xlink:type="locator" xlink:label="loc_us-gaap_EarningsPerShareBasicAbstract_77f1e504-77d0-43fd-8669-329f6564faee" xlink:href="https://xbrl.fasb.org/us-gaap/2024/elts/us-gaap-2024.xsd#us-gaap_EarningsPerShareBasicAbstract"/>
    <link:presentationArc order="12" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaap_StatementLineItems_6b502e6c-32f4-4584-94b4-29f9cbbcfa6b" xlink:to="loc_us-gaap_EarningsPerShareBasicAbstract_77f1e504-77d0-43fd-8669-329f6564faee" xlink:type="arc" preferredLabel="http://www.xbrl.org/2003/role/terseLabel"/>
    <link:loc xlink:type="locator" xlink:label="loc_us-gaap_EarningsPerShareBasic_b9c4091c-1952-4299-965e-be2821ee69ad" xlink:href="https://xbrl.fasb.org/us-gaap/2024/elts/us-gaap-2024.xsd#us-gaap_EarningsPerShareBasic"/>
    <link:presentationArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaap_EarningsPerShareBasicAbstract_77f1e504-77d0-43fd-8669-329f6564faee" xlink:to="loc_us-gaap_EarningsPerShareBasic_b9c4091c-1952-4299-965e-be2821ee69ad" xlink:type="arc" preferredLabel="http://www.xbrl.org/2003/role/terseLabel"/>
    <link:loc xlink:type="locator" xlink:label="loc_us-gaap_WeightedAverageNumberOfSharesOutstandingBasic_e8ccb13b-980e-407d-9279-23f3468d2cfb" xlink:href="https://xbrl.fasb.org/us-gaap/2024/elts/us-gaap-2024.xsd#us-gaap_WeightedAverageNumberOfSharesOutstandingBasic"/>
    <link:presentationArc order="2" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaap_EarningsPerShareBasicAbstract_77f1e504-77d0-43fd-8669-329f6564faee" xlink:to="loc_us-gaap_WeightedAverageNumberOfSharesOutstandingBasic_e8ccb13b-980e-407d-9279-23f3468d2cfb" xlink:type="arc" preferredLabel="http://www.xbrl.org/2003/role/terseLabel"/>
    <link:loc xlink:type="locator" xlink:label="loc_us-gaap_EarningsPerShareDiluted_5ef8ca20-3ca9-409f-957f-c6f2ba03ce42" xlink:href="https://xbrl.fasb.org/us-gaap/2024/elts/us-gaap-2024.xsd#us-gaap_EarningsPerShareDiluted"/>
    <link:presentationArc order="3" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaap_EarningsPerShareBasicAbstract_77f1e504-77d0-43fd-8669-329f6564faee" xlink:to="loc_us-gaap_EarningsPerShareDiluted_5ef8ca20-3ca9-409f-957f-c6f2ba03ce42" xlink:type="arc" preferredLabel="http://www.xbrl.org/2003/role/terseLabel"/>
    <link:loc xlink:type="locator" xlink:label="loc_us-gaap_WeightedAverageNumberOfDilutedSharesOutstanding_177d0349-651c-4e81-9edc-68237b19e265" xlink:href="https://xbrl.fasb.org/us-gaap/2024/elts/us-gaap-2024.xsd#us-gaap_WeightedAverageNumberOfDilutedSharesOutstanding"/>
    <link:presentationArc order="4" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaap_EarningsPerShareBasicAbstract_77f1e504-77d0-43fd-8669-329f6564faee" xlink:to="loc_us-gaap_WeightedAverageNumberOfDilutedSharesOutstanding_177d0349-651c-4e81-9edc-68237b19e265" xlink:type="arc" preferredLabel="http://www.xbrl.org/2003/role/terseLabel"/>
    <link:loc xlink:type="locator" xlink:label="loc_frt_EARNINGSPERCOMMONUNITBASICAbstract_45a5de5c-cff9-412e-ba77-095e349973dc" xlink:href="frt-20240930.xsd#frt_EARNINGSPERCOMMONUNITBASICAbstract"/>
    <link:presentationArc order="13" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaap_StatementLineItems_6b502e6c-32f4-4584-94b4-29f9cbbcfa6b" xlink:to="loc_frt_EARNINGSPERCOMMONUNITBASICAbstract_45a5de5c-cff9-412e-ba77-095e349973dc" xlink:type="arc" preferredLabel="http://www.xbrl.org/2003/role/terseLabel"/>
    <link:loc xlink:type="locator" xlink:label="loc_us-gaap_IncomeLossFromContinuingOperationsPerOutstandingGeneralPartnershipUnitNetOfTax_06e8af05-de2d-4ff2-84db-5c4eba423a32" xlink:href="https://xbrl.fasb.org/us-gaap/2024/elts/us-gaap-2024.xsd#us-gaap_IncomeLossFromContinuingOperationsPerOutstandingGeneralPartnershipUnitNetOfTax"/>
    <link:presentationArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_frt_EARNINGSPERCOMMONUNITBASICAbstract_45a5de5c-cff9-412e-ba77-095e349973dc" xlink:to="loc_us-gaap_IncomeLossFromContinuingOperationsPerOutstandingGeneralPartnershipUnitNetOfTax_06e8af05-de2d-4ff2-84db-5c4eba423a32" xlink:type="arc" preferredLabel="http://www.xbrl.org/2003/role/terseLabel"/>
    <link:loc xlink:type="locator" xlink:label="loc_us-gaap_WeightedAverageLimitedPartnershipAndGeneralPartnershipUnitsOutstandingBasic_50a97469-a7ac-4ad1-baea-9b4104eaf7cb" xlink:href="https://xbrl.fasb.org/us-gaap/2024/elts/us-gaap-2024.xsd#us-gaap_WeightedAverageLimitedPartnershipAndGeneralPartnershipUnitsOutstandingBasic"/>
    <link:presentationArc order="2" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_frt_EARNINGSPERCOMMONUNITBASICAbstract_45a5de5c-cff9-412e-ba77-095e349973dc" xlink:to="loc_us-gaap_WeightedAverageLimitedPartnershipAndGeneralPartnershipUnitsOutstandingBasic_50a97469-a7ac-4ad1-baea-9b4104eaf7cb" xlink:type="arc" preferredLabel="http://www.xbrl.org/2003/role/terseLabel"/>
    <link:loc xlink:type="locator" xlink:label="loc_frt_NetIncomeLossPerOutstandingLimitedPartnershipAndGeneralPartnershipUnitDilutedNetOfTax_fb914f66-d367-4c17-a192-a79447582e7a" xlink:href="frt-20240930.xsd#frt_NetIncomeLossPerOutstandingLimitedPartnershipAndGeneralPartnershipUnitDilutedNetOfTax"/>
    <link:presentationArc order="3" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_frt_EARNINGSPERCOMMONUNITBASICAbstract_45a5de5c-cff9-412e-ba77-095e349973dc" xlink:to="loc_frt_NetIncomeLossPerOutstandingLimitedPartnershipAndGeneralPartnershipUnitDilutedNetOfTax_fb914f66-d367-4c17-a192-a79447582e7a" xlink:type="arc" preferredLabel="http://www.xbrl.org/2003/role/terseLabel"/>
    <link:loc xlink:type="locator" xlink:label="loc_frt_WeightedAverageCommonUnitsOutstandingDiluted_3decb878-277d-4f81-af0e-9c0464ea26b3" xlink:href="frt-20240930.xsd#frt_WeightedAverageCommonUnitsOutstandingDiluted"/>
    <link:presentationArc order="4" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_frt_EARNINGSPERCOMMONUNITBASICAbstract_45a5de5c-cff9-412e-ba77-095e349973dc" xlink:to="loc_frt_WeightedAverageCommonUnitsOutstandingDiluted_3decb878-277d-4f81-af0e-9c0464ea26b3" xlink:type="arc" preferredLabel="http://www.xbrl.org/2003/role/terseLabel"/>
    <link:loc xlink:type="locator" xlink:label="loc_us-gaap_OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParentAbstract_28a6e8d2-3dd8-48a1-a4f9-0abdfb44aa0a" xlink:href="https://xbrl.fasb.org/us-gaap/2024/elts/us-gaap-2024.xsd#us-gaap_OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParentAbstract"/>
    <link:presentationArc order="14" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaap_StatementLineItems_6b502e6c-32f4-4584-94b4-29f9cbbcfa6b" xlink:to="loc_us-gaap_OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParentAbstract_28a6e8d2-3dd8-48a1-a4f9-0abdfb44aa0a" xlink:type="arc" preferredLabel="http://www.xbrl.org/2003/role/terseLabel"/>
    <link:loc xlink:type="locator" xlink:label="loc_us-gaap_ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest_1cbb9b97-8e75-4727-9a44-05d2d9cc1f90" xlink:href="https://xbrl.fasb.org/us-gaap/2024/elts/us-gaap-2024.xsd#us-gaap_ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest"/>
    <link:presentationArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaap_OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParentAbstract_28a6e8d2-3dd8-48a1-a4f9-0abdfb44aa0a" xlink:to="loc_us-gaap_ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest_1cbb9b97-8e75-4727-9a44-05d2d9cc1f90" xlink:type="arc" preferredLabel="http://www.xbrl.org/2003/role/terseLabel"/>
    <link:loc xlink:type="locator" xlink:label="loc_us-gaap_ComprehensiveIncomeNetOfTax_ee17d840-76e3-4daf-81b7-848fbe2508e7" xlink:href="https://xbrl.fasb.org/us-gaap/2024/elts/us-gaap-2024.xsd#us-gaap_ComprehensiveIncomeNetOfTax"/>
    <link:presentationArc order="2" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaap_OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParentAbstract_28a6e8d2-3dd8-48a1-a4f9-0abdfb44aa0a" xlink:to="loc_us-gaap_ComprehensiveIncomeNetOfTax_ee17d840-76e3-4daf-81b7-848fbe2508e7" 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-20240930.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_92f306f1-9b60-4bb4-bf2f-77e0af7984aa" xlink:href="https://xbrl.fasb.org/us-gaap/2024/elts/us-gaap-2024.xsd#us-gaap_StatementOfStockholdersEquityAbstract"/>
    <link:loc xlink:type="locator" xlink:label="loc_us-gaap_StatementTable_c5212e9e-80d2-442f-905b-ec9821c650ee" xlink:href="https://xbrl.fasb.org/us-gaap/2024/elts/us-gaap-2024.xsd#us-gaap_StatementTable"/>
    <link:presentationArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaap_StatementOfStockholdersEquityAbstract_92f306f1-9b60-4bb4-bf2f-77e0af7984aa" xlink:to="loc_us-gaap_StatementTable_c5212e9e-80d2-442f-905b-ec9821c650ee" xlink:type="arc" preferredLabel="http://www.xbrl.org/2003/role/terseLabel"/>
    <link:loc xlink:type="locator" xlink:label="loc_us-gaap_StatementClassOfStockAxis_7dcc5ffb-967c-4d55-b197-ebfe50f4e2dc" xlink:href="https://xbrl.fasb.org/us-gaap/2024/elts/us-gaap-2024.xsd#us-gaap_StatementClassOfStockAxis"/>
    <link:presentationArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaap_StatementTable_c5212e9e-80d2-442f-905b-ec9821c650ee" xlink:to="loc_us-gaap_StatementClassOfStockAxis_7dcc5ffb-967c-4d55-b197-ebfe50f4e2dc" xlink:type="arc" preferredLabel="http://www.xbrl.org/2003/role/terseLabel"/>
    <link:loc xlink:type="locator" xlink:label="loc_us-gaap_ClassOfStockDomain_643db27e-5753-4eae-86c5-8cfed4646f4c" xlink:href="https://xbrl.fasb.org/us-gaap/2024/elts/us-gaap-2024.xsd#us-gaap_ClassOfStockDomain"/>
    <link:presentationArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaap_StatementClassOfStockAxis_7dcc5ffb-967c-4d55-b197-ebfe50f4e2dc" xlink:to="loc_us-gaap_ClassOfStockDomain_643db27e-5753-4eae-86c5-8cfed4646f4c" xlink:type="arc" preferredLabel="http://www.xbrl.org/2003/role/terseLabel"/>
    <link:loc xlink:type="locator" xlink:label="loc_us-gaap_PreferredStockMember_69872775-2b50-41d8-83ed-f228a33643f6" xlink:href="https://xbrl.fasb.org/us-gaap/2024/elts/us-gaap-2024.xsd#us-gaap_PreferredStockMember"/>
    <link:presentationArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaap_ClassOfStockDomain_643db27e-5753-4eae-86c5-8cfed4646f4c" xlink:to="loc_us-gaap_PreferredStockMember_69872775-2b50-41d8-83ed-f228a33643f6" xlink:type="arc" preferredLabel="http://www.xbrl.org/2003/role/terseLabel"/>
    <link:loc xlink:type="locator" xlink:label="loc_us-gaap_CommonStockMember_56578c68-1d90-4263-a8f6-2376d262687d" xlink:href="https://xbrl.fasb.org/us-gaap/2024/elts/us-gaap-2024.xsd#us-gaap_CommonStockMember"/>
    <link:presentationArc order="2" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaap_ClassOfStockDomain_643db27e-5753-4eae-86c5-8cfed4646f4c" xlink:to="loc_us-gaap_CommonStockMember_56578c68-1d90-4263-a8f6-2376d262687d" xlink:type="arc" preferredLabel="http://www.xbrl.org/2003/role/terseLabel"/>
    <link:loc xlink:type="locator" xlink:label="loc_us-gaap_StatementEquityComponentsAxis_431c13f7-78a0-481f-a977-fc51808e62af" xlink:href="https://xbrl.fasb.org/us-gaap/2024/elts/us-gaap-2024.xsd#us-gaap_StatementEquityComponentsAxis"/>
    <link:presentationArc order="2" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaap_StatementTable_c5212e9e-80d2-442f-905b-ec9821c650ee" xlink:to="loc_us-gaap_StatementEquityComponentsAxis_431c13f7-78a0-481f-a977-fc51808e62af" xlink:type="arc" preferredLabel="http://www.xbrl.org/2003/role/verboseLabel"/>
    <link:loc xlink:type="locator" xlink:label="loc_us-gaap_EquityComponentDomain_8d667986-e541-40a9-8a0e-722511d89bf3" xlink:href="https://xbrl.fasb.org/us-gaap/2024/elts/us-gaap-2024.xsd#us-gaap_EquityComponentDomain"/>
    <link:presentationArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaap_StatementEquityComponentsAxis_431c13f7-78a0-481f-a977-fc51808e62af" xlink:to="loc_us-gaap_EquityComponentDomain_8d667986-e541-40a9-8a0e-722511d89bf3" xlink:type="arc" preferredLabel="http://www.xbrl.org/2003/role/terseLabel"/>
    <link:loc xlink:type="locator" xlink:label="loc_us-gaap_PreferredStockMember_4ad624e6-e2af-4c6e-a643-96d100861678" xlink:href="https://xbrl.fasb.org/us-gaap/2024/elts/us-gaap-2024.xsd#us-gaap_PreferredStockMember"/>
    <link:presentationArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaap_EquityComponentDomain_8d667986-e541-40a9-8a0e-722511d89bf3" xlink:to="loc_us-gaap_PreferredStockMember_4ad624e6-e2af-4c6e-a643-96d100861678" xlink:type="arc" preferredLabel="http://www.xbrl.org/2003/role/terseLabel"/>
    <link:loc xlink:type="locator" xlink:label="loc_us-gaap_CommonStockMember_6184627b-07d2-4f68-b5be-a048c62c46b5" xlink:href="https://xbrl.fasb.org/us-gaap/2024/elts/us-gaap-2024.xsd#us-gaap_CommonStockMember"/>
    <link:presentationArc order="2" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaap_EquityComponentDomain_8d667986-e541-40a9-8a0e-722511d89bf3" xlink:to="loc_us-gaap_CommonStockMember_6184627b-07d2-4f68-b5be-a048c62c46b5" xlink:type="arc" preferredLabel="http://www.xbrl.org/2003/role/terseLabel"/>
    <link:loc xlink:type="locator" xlink:label="loc_us-gaap_AdditionalPaidInCapitalMember_590f6002-24ce-4f5c-8692-30ef63d1f1bc" xlink:href="https://xbrl.fasb.org/us-gaap/2024/elts/us-gaap-2024.xsd#us-gaap_AdditionalPaidInCapitalMember"/>
    <link:presentationArc order="3" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaap_EquityComponentDomain_8d667986-e541-40a9-8a0e-722511d89bf3" xlink:to="loc_us-gaap_AdditionalPaidInCapitalMember_590f6002-24ce-4f5c-8692-30ef63d1f1bc" xlink:type="arc" preferredLabel="http://www.xbrl.org/2003/role/terseLabel"/>
    <link:loc xlink:type="locator" xlink:label="loc_us-gaap_AccumulatedDistributionsInExcessOfNetIncomeMember_3216f3ca-61c1-476d-8216-4c0977b404e8" xlink:href="https://xbrl.fasb.org/us-gaap/2024/elts/us-gaap-2024.xsd#us-gaap_AccumulatedDistributionsInExcessOfNetIncomeMember"/>
    <link:presentationArc order="4" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaap_EquityComponentDomain_8d667986-e541-40a9-8a0e-722511d89bf3" xlink:to="loc_us-gaap_AccumulatedDistributionsInExcessOfNetIncomeMember_3216f3ca-61c1-476d-8216-4c0977b404e8" xlink:type="arc" preferredLabel="http://www.xbrl.org/2003/role/terseLabel"/>
    <link:loc xlink:type="locator" xlink:label="loc_us-gaap_AccumulatedOtherComprehensiveIncomeMember_a5fa4cd6-0136-481a-85b5-e8a9c879b983" xlink:href="https://xbrl.fasb.org/us-gaap/2024/elts/us-gaap-2024.xsd#us-gaap_AccumulatedOtherComprehensiveIncomeMember"/>
    <link:presentationArc order="5" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaap_EquityComponentDomain_8d667986-e541-40a9-8a0e-722511d89bf3" xlink:to="loc_us-gaap_AccumulatedOtherComprehensiveIncomeMember_a5fa4cd6-0136-481a-85b5-e8a9c879b983" xlink:type="arc" preferredLabel="http://www.xbrl.org/2003/role/terseLabel"/>
    <link:loc xlink:type="locator" xlink:label="loc_us-gaap_NoncontrollingInterestMember_1d385cdb-9d13-47a8-a39d-4456b771e161" xlink:href="https://xbrl.fasb.org/us-gaap/2024/elts/us-gaap-2024.xsd#us-gaap_NoncontrollingInterestMember"/>
    <link:presentationArc order="6" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaap_EquityComponentDomain_8d667986-e541-40a9-8a0e-722511d89bf3" xlink:to="loc_us-gaap_NoncontrollingInterestMember_1d385cdb-9d13-47a8-a39d-4456b771e161" xlink:type="arc" preferredLabel="http://www.xbrl.org/2003/role/terseLabel"/>
    <link:loc xlink:type="locator" xlink:label="loc_frt_ConvertibleUnitTypeAxis_be1103f0-bb25-4b94-b04b-cef87e9c6456" xlink:href="frt-20240930.xsd#frt_ConvertibleUnitTypeAxis"/>
    <link:presentationArc order="3" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaap_StatementTable_c5212e9e-80d2-442f-905b-ec9821c650ee" xlink:to="loc_frt_ConvertibleUnitTypeAxis_be1103f0-bb25-4b94-b04b-cef87e9c6456" xlink:type="arc" preferredLabel="http://www.xbrl.org/2003/role/terseLabel"/>
    <link:loc xlink:type="locator" xlink:label="loc_frt_ConvertibleUnitTypeDomain_a86b7435-ab77-4f9c-aa4b-2ef17f34e175" xlink:href="frt-20240930.xsd#frt_ConvertibleUnitTypeDomain"/>
    <link:presentationArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_frt_ConvertibleUnitTypeAxis_be1103f0-bb25-4b94-b04b-cef87e9c6456" xlink:to="loc_frt_ConvertibleUnitTypeDomain_a86b7435-ab77-4f9c-aa4b-2ef17f34e175" xlink:type="arc" preferredLabel="http://www.xbrl.org/2003/role/terseLabel"/>
    <link:loc xlink:type="locator" xlink:label="loc_frt_DownREITOPUnitsMember_7ae787f6-9e43-4432-825c-43adafbd71e9" xlink:href="frt-20240930.xsd#frt_DownREITOPUnitsMember"/>
    <link:presentationArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_frt_ConvertibleUnitTypeDomain_a86b7435-ab77-4f9c-aa4b-2ef17f34e175" xlink:to="loc_frt_DownREITOPUnitsMember_7ae787f6-9e43-4432-825c-43adafbd71e9" xlink:type="arc" preferredLabel="http://www.xbrl.org/2003/role/terseLabel"/>
    <link:loc xlink:type="locator" xlink:label="loc_us-gaap_StatementLineItems_fb1949b8-88c5-41cf-9b4f-69bbde9319ee" xlink:href="https://xbrl.fasb.org/us-gaap/2024/elts/us-gaap-2024.xsd#us-gaap_StatementLineItems"/>
    <link:presentationArc order="4" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaap_StatementTable_c5212e9e-80d2-442f-905b-ec9821c650ee" xlink:to="loc_us-gaap_StatementLineItems_fb1949b8-88c5-41cf-9b4f-69bbde9319ee" xlink:type="arc" preferredLabel="http://www.xbrl.org/2003/role/terseLabel"/>
    <link:loc xlink:type="locator" xlink:label="loc_us-gaap_IncreaseDecreaseInStockholdersEquityRollForward_5d670f94-59ca-4b19-b9cd-c38cfa996b3b" xlink:href="https://xbrl.fasb.org/us-gaap/2024/elts/us-gaap-2024.xsd#us-gaap_IncreaseDecreaseInStockholdersEquityRollForward"/>
    <link:presentationArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaap_StatementLineItems_fb1949b8-88c5-41cf-9b4f-69bbde9319ee" xlink:to="loc_us-gaap_IncreaseDecreaseInStockholdersEquityRollForward_5d670f94-59ca-4b19-b9cd-c38cfa996b3b" xlink:type="arc" preferredLabel="http://www.xbrl.org/2003/role/terseLabel"/>
    <link:loc xlink:type="locator" xlink:label="loc_us-gaap_SharesOutstanding_db180a94-534d-41df-ad07-29bf087bbe34" xlink:href="https://xbrl.fasb.org/us-gaap/2024/elts/us-gaap-2024.xsd#us-gaap_SharesOutstanding"/>
    <link:presentationArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaap_IncreaseDecreaseInStockholdersEquityRollForward_5d670f94-59ca-4b19-b9cd-c38cfa996b3b" xlink:to="loc_us-gaap_SharesOutstanding_db180a94-534d-41df-ad07-29bf087bbe34" xlink:type="arc" preferredLabel="http://www.xbrl.org/2003/role/periodStartLabel"/>
    <link:loc xlink:type="locator" xlink:label="loc_us-gaap_StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest_af66a15a-8b1e-48f1-aafa-65c772b4c8ac" xlink:href="https://xbrl.fasb.org/us-gaap/2024/elts/us-gaap-2024.xsd#us-gaap_StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest"/>
    <link:presentationArc order="2" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaap_IncreaseDecreaseInStockholdersEquityRollForward_5d670f94-59ca-4b19-b9cd-c38cfa996b3b" xlink:to="loc_us-gaap_StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest_af66a15a-8b1e-48f1-aafa-65c772b4c8ac" xlink:type="arc" preferredLabel="http://www.xbrl.org/2003/role/periodStartLabel"/>
    <link:loc xlink:type="locator" xlink:label="loc_us-gaap_NetIncomeLossIncludingPortionAttributableToNonredeemableNoncontrollingInterest_72122ca3-c70d-4132-bb46-8ca8d802ea9b" xlink:href="https://xbrl.fasb.org/us-gaap/2024/elts/us-gaap-2024.xsd#us-gaap_NetIncomeLossIncludingPortionAttributableToNonredeemableNoncontrollingInterest"/>
    <link:presentationArc order="3" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaap_IncreaseDecreaseInStockholdersEquityRollForward_5d670f94-59ca-4b19-b9cd-c38cfa996b3b" xlink:to="loc_us-gaap_NetIncomeLossIncludingPortionAttributableToNonredeemableNoncontrollingInterest_72122ca3-c70d-4132-bb46-8ca8d802ea9b" xlink:type="arc" preferredLabel="http://www.xbrl.org/2003/role/verboseLabel"/>
    <link:loc xlink:type="locator" xlink:label="loc_frt_OtherComprehensiveIncomeLossNetOfPortionAttributableToNoncontrollingInterest_2e0094bf-1a34-4fa5-8591-311d8999cac0" xlink:href="frt-20240930.xsd#frt_OtherComprehensiveIncomeLossNetOfPortionAttributableToNoncontrollingInterest"/>
    <link:presentationArc order="4" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaap_IncreaseDecreaseInStockholdersEquityRollForward_5d670f94-59ca-4b19-b9cd-c38cfa996b3b" xlink:to="loc_frt_OtherComprehensiveIncomeLossNetOfPortionAttributableToNoncontrollingInterest_2e0094bf-1a34-4fa5-8591-311d8999cac0" xlink:type="arc" preferredLabel="http://www.xbrl.org/2003/role/terseLabel"/>
    <link:loc xlink:type="locator" xlink:label="loc_us-gaap_DividendsCommonStockCash_63d883a4-6adf-4ba2-ae33-0e57487a1c8c" xlink:href="https://xbrl.fasb.org/us-gaap/2024/elts/us-gaap-2024.xsd#us-gaap_DividendsCommonStockCash"/>
    <link:presentationArc order="5" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaap_IncreaseDecreaseInStockholdersEquityRollForward_5d670f94-59ca-4b19-b9cd-c38cfa996b3b" xlink:to="loc_us-gaap_DividendsCommonStockCash_63d883a4-6adf-4ba2-ae33-0e57487a1c8c" xlink:type="arc" preferredLabel="http://www.xbrl.org/2009/role/negatedLabel"/>
    <link:loc xlink:type="locator" xlink:label="loc_us-gaap_DividendsPreferredStockCash_10e05c7b-8742-4cea-a3a7-b34d52644b4f" xlink:href="https://xbrl.fasb.org/us-gaap/2024/elts/us-gaap-2024.xsd#us-gaap_DividendsPreferredStockCash"/>
    <link:presentationArc order="6" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaap_IncreaseDecreaseInStockholdersEquityRollForward_5d670f94-59ca-4b19-b9cd-c38cfa996b3b" xlink:to="loc_us-gaap_DividendsPreferredStockCash_10e05c7b-8742-4cea-a3a7-b34d52644b4f" xlink:type="arc" preferredLabel="http://www.xbrl.org/2009/role/negatedLabel"/>
    <link:loc xlink:type="locator" xlink:label="loc_us-gaap_MinorityInterestDecreaseFromDistributionsToNoncontrollingInterestHolders_6b7d5ca5-ec94-43f9-a5e8-839654624ad5" xlink:href="https://xbrl.fasb.org/us-gaap/2024/elts/us-gaap-2024.xsd#us-gaap_MinorityInterestDecreaseFromDistributionsToNoncontrollingInterestHolders"/>
    <link:presentationArc order="7" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaap_IncreaseDecreaseInStockholdersEquityRollForward_5d670f94-59ca-4b19-b9cd-c38cfa996b3b" xlink:to="loc_us-gaap_MinorityInterestDecreaseFromDistributionsToNoncontrollingInterestHolders_6b7d5ca5-ec94-43f9-a5e8-839654624ad5" xlink:type="arc" preferredLabel="http://www.xbrl.org/2009/role/negatedLabel"/>
    <link:loc xlink:type="locator" xlink:label="loc_us-gaap_StockIssuedDuringPeriodSharesNewIssues_de15e4da-9f48-4ad3-9378-5b3498f8229f" xlink:href="https://xbrl.fasb.org/us-gaap/2024/elts/us-gaap-2024.xsd#us-gaap_StockIssuedDuringPeriodSharesNewIssues"/>
    <link:presentationArc order="8" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaap_IncreaseDecreaseInStockholdersEquityRollForward_5d670f94-59ca-4b19-b9cd-c38cfa996b3b" xlink:to="loc_us-gaap_StockIssuedDuringPeriodSharesNewIssues_de15e4da-9f48-4ad3-9378-5b3498f8229f" xlink:type="arc" preferredLabel="http://www.xbrl.org/2003/role/verboseLabel"/>
    <link:loc xlink:type="locator" xlink:label="loc_us-gaap_StockIssuedDuringPeriodValueNewIssues_40108ba2-b288-4d84-85dc-9d96666fce11" xlink:href="https://xbrl.fasb.org/us-gaap/2024/elts/us-gaap-2024.xsd#us-gaap_StockIssuedDuringPeriodValueNewIssues"/>
    <link:presentationArc order="9" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaap_IncreaseDecreaseInStockholdersEquityRollForward_5d670f94-59ca-4b19-b9cd-c38cfa996b3b" xlink:to="loc_us-gaap_StockIssuedDuringPeriodValueNewIssues_40108ba2-b288-4d84-85dc-9d96666fce11" xlink:type="arc" preferredLabel="http://www.xbrl.org/2003/role/terseLabel"/>
    <link:loc xlink:type="locator" xlink:label="loc_us-gaap_StockIssuedDuringPeriodSharesDividendReinvestmentPlan_6ef2d754-b83e-4a48-8abd-8c17a324f394" xlink:href="https://xbrl.fasb.org/us-gaap/2024/elts/us-gaap-2024.xsd#us-gaap_StockIssuedDuringPeriodSharesDividendReinvestmentPlan"/>
    <link:presentationArc order="10" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaap_IncreaseDecreaseInStockholdersEquityRollForward_5d670f94-59ca-4b19-b9cd-c38cfa996b3b" xlink:to="loc_us-gaap_StockIssuedDuringPeriodSharesDividendReinvestmentPlan_6ef2d754-b83e-4a48-8abd-8c17a324f394" xlink:type="arc" preferredLabel="http://www.xbrl.org/2003/role/terseLabel"/>
    <link:loc xlink:type="locator" xlink:label="loc_us-gaap_StockIssuedDuringPeriodValueDividendReinvestmentPlan_d838d110-f2e7-415e-8206-81d16423d7bd" xlink:href="https://xbrl.fasb.org/us-gaap/2024/elts/us-gaap-2024.xsd#us-gaap_StockIssuedDuringPeriodValueDividendReinvestmentPlan"/>
    <link:presentationArc order="11" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaap_IncreaseDecreaseInStockholdersEquityRollForward_5d670f94-59ca-4b19-b9cd-c38cfa996b3b" xlink:to="loc_us-gaap_StockIssuedDuringPeriodValueDividendReinvestmentPlan_d838d110-f2e7-415e-8206-81d16423d7bd" xlink:type="arc" preferredLabel="http://www.xbrl.org/2003/role/terseLabel"/>
    <link:loc xlink:type="locator" xlink:label="loc_frt_ShareBasedCompensationExpenseNetShares_567e230a-71ea-44db-aaf6-fbd03236d41c" xlink:href="frt-20240930.xsd#frt_ShareBasedCompensationExpenseNetShares"/>
    <link:presentationArc order="12" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaap_IncreaseDecreaseInStockholdersEquityRollForward_5d670f94-59ca-4b19-b9cd-c38cfa996b3b" xlink:to="loc_frt_ShareBasedCompensationExpenseNetShares_567e230a-71ea-44db-aaf6-fbd03236d41c" xlink:type="arc" preferredLabel="http://www.xbrl.org/2003/role/terseLabel"/>
    <link:loc xlink:type="locator" xlink:label="loc_frt_ShareBasedCompensationExpenseNetValue_86d37db7-da36-4af7-b152-8fd7eaa5f1f0" xlink:href="frt-20240930.xsd#frt_ShareBasedCompensationExpenseNetValue"/>
    <link:presentationArc order="13" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaap_IncreaseDecreaseInStockholdersEquityRollForward_5d670f94-59ca-4b19-b9cd-c38cfa996b3b" xlink:to="loc_frt_ShareBasedCompensationExpenseNetValue_86d37db7-da36-4af7-b152-8fd7eaa5f1f0" xlink:type="arc" preferredLabel="http://www.xbrl.org/2003/role/verboseLabel"/>
    <link:loc xlink:type="locator" xlink:label="loc_us-gaap_SharesPaidForTaxWithholdingForShareBasedCompensation_92b115dc-e04a-4993-8925-ef4dd10083b8" xlink:href="https://xbrl.fasb.org/us-gaap/2024/elts/us-gaap-2024.xsd#us-gaap_SharesPaidForTaxWithholdingForShareBasedCompensation"/>
    <link:presentationArc order="14" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaap_IncreaseDecreaseInStockholdersEquityRollForward_5d670f94-59ca-4b19-b9cd-c38cfa996b3b" xlink:to="loc_us-gaap_SharesPaidForTaxWithholdingForShareBasedCompensation_92b115dc-e04a-4993-8925-ef4dd10083b8" xlink:type="arc" preferredLabel="http://www.xbrl.org/2009/role/negatedTerseLabel"/>
    <link:loc xlink:type="locator" xlink:label="loc_us-gaap_AdjustmentsRelatedToTaxWithholdingForShareBasedCompensation_20b7bc25-b45e-4518-94f3-9a83c9cab723" xlink:href="https://xbrl.fasb.org/us-gaap/2024/elts/us-gaap-2024.xsd#us-gaap_AdjustmentsRelatedToTaxWithholdingForShareBasedCompensation"/>
    <link:presentationArc order="15" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaap_IncreaseDecreaseInStockholdersEquityRollForward_5d670f94-59ca-4b19-b9cd-c38cfa996b3b" xlink:to="loc_us-gaap_AdjustmentsRelatedToTaxWithholdingForShareBasedCompensation_20b7bc25-b45e-4518-94f3-9a83c9cab723" xlink:type="arc" preferredLabel="http://www.xbrl.org/2009/role/negatedTerseLabel"/>
    <link:loc xlink:type="locator" xlink:label="loc_us-gaap_StockIssuedDuringPeriodSharesConversionOfUnits_6cb92515-a9cb-4d39-b32b-226ae0288065" xlink:href="https://xbrl.fasb.org/us-gaap/2024/elts/us-gaap-2024.xsd#us-gaap_StockIssuedDuringPeriodSharesConversionOfUnits"/>
    <link:presentationArc order="16" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaap_IncreaseDecreaseInStockholdersEquityRollForward_5d670f94-59ca-4b19-b9cd-c38cfa996b3b" xlink:to="loc_us-gaap_StockIssuedDuringPeriodSharesConversionOfUnits_6cb92515-a9cb-4d39-b32b-226ae0288065" xlink:type="arc" preferredLabel="http://www.xbrl.org/2003/role/terseLabel"/>
    <link:loc xlink:type="locator" xlink:label="loc_us-gaap_StockIssuedDuringPeriodValueConversionOfUnits_6e0813fc-4787-4618-a9b8-bca1a8368f7e" xlink:href="https://xbrl.fasb.org/us-gaap/2024/elts/us-gaap-2024.xsd#us-gaap_StockIssuedDuringPeriodValueConversionOfUnits"/>
    <link:presentationArc order="17" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaap_IncreaseDecreaseInStockholdersEquityRollForward_5d670f94-59ca-4b19-b9cd-c38cfa996b3b" xlink:to="loc_us-gaap_StockIssuedDuringPeriodValueConversionOfUnits_6e0813fc-4787-4618-a9b8-bca1a8368f7e" xlink:type="arc" preferredLabel="http://www.xbrl.org/2003/role/terseLabel"/>
    <link:loc xlink:type="locator" xlink:label="loc_us-gaap_MinorityInterestDecreaseFromRedemptions_18d40785-1de3-43d5-8e09-b8b74f96dea8" xlink:href="https://xbrl.fasb.org/us-gaap/2024/elts/us-gaap-2024.xsd#us-gaap_MinorityInterestDecreaseFromRedemptions"/>
    <link:presentationArc order="18" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaap_IncreaseDecreaseInStockholdersEquityRollForward_5d670f94-59ca-4b19-b9cd-c38cfa996b3b" xlink:to="loc_us-gaap_MinorityInterestDecreaseFromRedemptions_18d40785-1de3-43d5-8e09-b8b74f96dea8" xlink:type="arc" preferredLabel="http://www.xbrl.org/2009/role/negatedTerseLabel"/>
    <link:loc xlink:type="locator" xlink:label="loc_frt_Contributionsfromnoncontrollinginterests_31dd795b-cbff-4876-b8b9-e3b11d1008f8" xlink:href="frt-20240930.xsd#frt_Contributionsfromnoncontrollinginterests"/>
    <link:presentationArc order="19" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaap_IncreaseDecreaseInStockholdersEquityRollForward_5d670f94-59ca-4b19-b9cd-c38cfa996b3b" xlink:to="loc_frt_Contributionsfromnoncontrollinginterests_31dd795b-cbff-4876-b8b9-e3b11d1008f8" xlink:type="arc" preferredLabel="http://www.xbrl.org/2003/role/terseLabel"/>
    <link:loc xlink:type="locator" xlink:label="loc_frt_CappedCallPremium_b5f444ab-8b05-47f6-a721-045066bd6a39" xlink:href="frt-20240930.xsd#frt_CappedCallPremium"/>
    <link:presentationArc order="20" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaap_IncreaseDecreaseInStockholdersEquityRollForward_5d670f94-59ca-4b19-b9cd-c38cfa996b3b" xlink:to="loc_frt_CappedCallPremium_b5f444ab-8b05-47f6-a721-045066bd6a39" xlink:type="arc" preferredLabel="http://www.xbrl.org/2009/role/negatedTerseLabel"/>
    <link:loc xlink:type="locator" xlink:label="loc_us-gaap_SharesOutstanding_695d333a-ae07-4c3b-ab88-0fe7601b189f" xlink:href="https://xbrl.fasb.org/us-gaap/2024/elts/us-gaap-2024.xsd#us-gaap_SharesOutstanding"/>
    <link:presentationArc order="21" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaap_IncreaseDecreaseInStockholdersEquityRollForward_5d670f94-59ca-4b19-b9cd-c38cfa996b3b" xlink:to="loc_us-gaap_SharesOutstanding_695d333a-ae07-4c3b-ab88-0fe7601b189f" xlink:type="arc" preferredLabel="http://www.xbrl.org/2003/role/periodEndLabel"/>
    <link:loc xlink:type="locator" xlink:label="loc_us-gaap_StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest_79b94c12-d219-4714-9fd8-882605c671c6" xlink:href="https://xbrl.fasb.org/us-gaap/2024/elts/us-gaap-2024.xsd#us-gaap_StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest"/>
    <link:presentationArc order="22" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaap_IncreaseDecreaseInStockholdersEquityRollForward_5d670f94-59ca-4b19-b9cd-c38cfa996b3b" xlink:to="loc_us-gaap_StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest_79b94c12-d219-4714-9fd8-882605c671c6" 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-20240930.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_315002a1-0407-426a-b55e-fb44c3124259" xlink:href="https://xbrl.fasb.org/us-gaap/2024/elts/us-gaap-2024.xsd#us-gaap_StatementOfStockholdersEquityAbstract"/>
    <link:loc xlink:type="locator" xlink:label="loc_us-gaap_NetIncomeLossAttributableToRedeemableNoncontrollingInterest_8950b718-2369-4032-97c8-b7d4a7df007a" xlink:href="https://xbrl.fasb.org/us-gaap/2024/elts/us-gaap-2024.xsd#us-gaap_NetIncomeLossAttributableToRedeemableNoncontrollingInterest"/>
    <link:presentationArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaap_StatementOfStockholdersEquityAbstract_315002a1-0407-426a-b55e-fb44c3124259" xlink:to="loc_us-gaap_NetIncomeLossAttributableToRedeemableNoncontrollingInterest_8950b718-2369-4032-97c8-b7d4a7df007a" xlink:type="arc" preferredLabel="http://www.xbrl.org/2003/role/terseLabel"/>
    <link:loc xlink:type="locator" xlink:label="loc_frt_OtherComprehensiveIncomeLossAttributableToRedeemableNoncontrollingInterest_e13e1569-7c89-4497-ada1-28bb72fb9447" xlink:href="frt-20240930.xsd#frt_OtherComprehensiveIncomeLossAttributableToRedeemableNoncontrollingInterest"/>
    <link:presentationArc order="2" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaap_StatementOfStockholdersEquityAbstract_315002a1-0407-426a-b55e-fb44c3124259" xlink:to="loc_frt_OtherComprehensiveIncomeLossAttributableToRedeemableNoncontrollingInterest_e13e1569-7c89-4497-ada1-28bb72fb9447" xlink:type="arc" preferredLabel="http://www.xbrl.org/2003/role/terseLabel"/>
    <link:loc xlink:type="locator" xlink:label="loc_us-gaap_CommonStockDividendsPerShareDeclared_0c21d219-eb9c-4e7a-9bad-bec8a6f091f6" xlink:href="https://xbrl.fasb.org/us-gaap/2024/elts/us-gaap-2024.xsd#us-gaap_CommonStockDividendsPerShareDeclared"/>
    <link:presentationArc order="3" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaap_StatementOfStockholdersEquityAbstract_315002a1-0407-426a-b55e-fb44c3124259" xlink:to="loc_us-gaap_CommonStockDividendsPerShareDeclared_0c21d219-eb9c-4e7a-9bad-bec8a6f091f6" xlink:type="arc" preferredLabel="http://www.xbrl.org/2003/role/terseLabel"/>
    <link:loc xlink:type="locator" xlink:label="loc_frt_RedeemableNoncontrollingInterestDecreaseFromDistributionsToRedeemableNoncontrollingInterestHolders_62562262-a74f-4a88-804b-f109be3eaafa" xlink:href="frt-20240930.xsd#frt_RedeemableNoncontrollingInterestDecreaseFromDistributionsToRedeemableNoncontrollingInterestHolders"/>
    <link:presentationArc order="4" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaap_StatementOfStockholdersEquityAbstract_315002a1-0407-426a-b55e-fb44c3124259" xlink:to="loc_frt_RedeemableNoncontrollingInterestDecreaseFromDistributionsToRedeemableNoncontrollingInterestHolders_62562262-a74f-4a88-804b-f109be3eaafa" 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-20240930.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_03283df0-ea45-4ea1-9018-4cdbe2a209b5" xlink:href="https://xbrl.fasb.org/us-gaap/2024/elts/us-gaap-2024.xsd#us-gaap_StatementOfCashFlowsAbstract"/>
    <link:loc xlink:type="locator" xlink:label="loc_us-gaap_StatementTable_f8ef6f57-e19a-49ab-b6bf-3509f38deb71" xlink:href="https://xbrl.fasb.org/us-gaap/2024/elts/us-gaap-2024.xsd#us-gaap_StatementTable"/>
    <link:presentationArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaap_StatementOfCashFlowsAbstract_03283df0-ea45-4ea1-9018-4cdbe2a209b5" xlink:to="loc_us-gaap_StatementTable_f8ef6f57-e19a-49ab-b6bf-3509f38deb71" xlink:type="arc" preferredLabel="http://www.xbrl.org/2003/role/terseLabel"/>
    <link:loc xlink:type="locator" xlink:label="loc_srt_ConsolidatedEntitiesAxis_4aad0f29-a6fd-4cf0-b3d0-8ca85b494a22" xlink:href="https://xbrl.fasb.org/srt/2024/elts/srt-2024.xsd#srt_ConsolidatedEntitiesAxis"/>
    <link:presentationArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaap_StatementTable_f8ef6f57-e19a-49ab-b6bf-3509f38deb71" xlink:to="loc_srt_ConsolidatedEntitiesAxis_4aad0f29-a6fd-4cf0-b3d0-8ca85b494a22" xlink:type="arc" preferredLabel="http://www.xbrl.org/2003/role/terseLabel"/>
    <link:loc xlink:type="locator" xlink:label="loc_srt_ConsolidatedEntitiesDomain_e420b771-df28-41ae-be73-eb5de12b8602" xlink:href="https://xbrl.fasb.org/srt/2024/elts/srt-2024.xsd#srt_ConsolidatedEntitiesDomain"/>
    <link:presentationArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_srt_ConsolidatedEntitiesAxis_4aad0f29-a6fd-4cf0-b3d0-8ca85b494a22" xlink:to="loc_srt_ConsolidatedEntitiesDomain_e420b771-df28-41ae-be73-eb5de12b8602" xlink:type="arc" preferredLabel="http://www.xbrl.org/2003/role/terseLabel"/>
    <link:loc xlink:type="locator" xlink:label="loc_srt_PartnershipInterestMember_60261b52-4e63-43a3-8fab-36f44dd1cae1" xlink:href="https://xbrl.fasb.org/srt/2024/elts/srt-2024.xsd#srt_PartnershipInterestMember"/>
    <link:presentationArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_srt_ConsolidatedEntitiesDomain_e420b771-df28-41ae-be73-eb5de12b8602" xlink:to="loc_srt_PartnershipInterestMember_60261b52-4e63-43a3-8fab-36f44dd1cae1" xlink:type="arc" preferredLabel="http://www.xbrl.org/2003/role/terseLabel"/>
    <link:loc xlink:type="locator" xlink:label="loc_us-gaap_StatementLineItems_cbad3f2c-4fa2-4e55-9fbc-a17e93ad427e" xlink:href="https://xbrl.fasb.org/us-gaap/2024/elts/us-gaap-2024.xsd#us-gaap_StatementLineItems"/>
    <link:presentationArc order="2" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaap_StatementTable_f8ef6f57-e19a-49ab-b6bf-3509f38deb71" xlink:to="loc_us-gaap_StatementLineItems_cbad3f2c-4fa2-4e55-9fbc-a17e93ad427e" xlink:type="arc" preferredLabel="http://www.xbrl.org/2003/role/terseLabel"/>
    <link:loc xlink:type="locator" xlink:label="loc_us-gaap_NetCashProvidedByUsedInOperatingActivitiesAbstract_566a0d53-b277-4e94-b829-ac7e7b5dcf6a" xlink:href="https://xbrl.fasb.org/us-gaap/2024/elts/us-gaap-2024.xsd#us-gaap_NetCashProvidedByUsedInOperatingActivitiesAbstract"/>
    <link:presentationArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaap_StatementLineItems_cbad3f2c-4fa2-4e55-9fbc-a17e93ad427e" xlink:to="loc_us-gaap_NetCashProvidedByUsedInOperatingActivitiesAbstract_566a0d53-b277-4e94-b829-ac7e7b5dcf6a" xlink:type="arc" preferredLabel="http://www.xbrl.org/2003/role/terseLabel"/>
    <link:loc xlink:type="locator" xlink:label="loc_us-gaap_ProfitLoss_4a5b712e-4c6c-4794-92f4-bb84b0c8ee88" xlink:href="https://xbrl.fasb.org/us-gaap/2024/elts/us-gaap-2024.xsd#us-gaap_ProfitLoss"/>
    <link:presentationArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaap_NetCashProvidedByUsedInOperatingActivitiesAbstract_566a0d53-b277-4e94-b829-ac7e7b5dcf6a" xlink:to="loc_us-gaap_ProfitLoss_4a5b712e-4c6c-4794-92f4-bb84b0c8ee88" xlink:type="arc" preferredLabel="http://www.xbrl.org/2003/role/terseLabel"/>
    <link:loc xlink:type="locator" xlink:label="loc_us-gaap_AdjustmentsToReconcileNetIncomeLossToCashProvidedByUsedInOperatingActivitiesAbstract_76871f56-6f28-455b-9982-ceaeec2dcab7" xlink:href="https://xbrl.fasb.org/us-gaap/2024/elts/us-gaap-2024.xsd#us-gaap_AdjustmentsToReconcileNetIncomeLossToCashProvidedByUsedInOperatingActivitiesAbstract"/>
    <link:presentationArc order="2" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaap_NetCashProvidedByUsedInOperatingActivitiesAbstract_566a0d53-b277-4e94-b829-ac7e7b5dcf6a" xlink:to="loc_us-gaap_AdjustmentsToReconcileNetIncomeLossToCashProvidedByUsedInOperatingActivitiesAbstract_76871f56-6f28-455b-9982-ceaeec2dcab7" xlink:type="arc" preferredLabel="http://www.xbrl.org/2003/role/terseLabel"/>
    <link:loc xlink:type="locator" xlink:label="loc_frt_AdjustmentDepreciationAndAmortization_55a6c509-1261-40df-b558-4d21baaf375f" xlink:href="frt-20240930.xsd#frt_AdjustmentDepreciationAndAmortization"/>
    <link:presentationArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaap_AdjustmentsToReconcileNetIncomeLossToCashProvidedByUsedInOperatingActivitiesAbstract_76871f56-6f28-455b-9982-ceaeec2dcab7" xlink:to="loc_frt_AdjustmentDepreciationAndAmortization_55a6c509-1261-40df-b558-4d21baaf375f" xlink:type="arc" preferredLabel="http://www.xbrl.org/2003/role/terseLabel"/>
    <link:loc xlink:type="locator" xlink:label="loc_frt_GainOnSaleOfRealEstate_1739091c-642f-45bb-8da3-0cf6f18fcfb9" xlink:href="frt-20240930.xsd#frt_GainOnSaleOfRealEstate"/>
    <link:presentationArc order="2" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaap_AdjustmentsToReconcileNetIncomeLossToCashProvidedByUsedInOperatingActivitiesAbstract_76871f56-6f28-455b-9982-ceaeec2dcab7" xlink:to="loc_frt_GainOnSaleOfRealEstate_1739091c-642f-45bb-8da3-0cf6f18fcfb9" xlink:type="arc" preferredLabel="http://www.xbrl.org/2009/role/negatedLabel"/>
    <link:loc xlink:type="locator" xlink:label="loc_us-gaap_IncomeLossFromEquityMethodInvestments_936c07b1-037a-4925-ba03-ec83232f6c0e" xlink:href="https://xbrl.fasb.org/us-gaap/2024/elts/us-gaap-2024.xsd#us-gaap_IncomeLossFromEquityMethodInvestments"/>
    <link:presentationArc order="3" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaap_AdjustmentsToReconcileNetIncomeLossToCashProvidedByUsedInOperatingActivitiesAbstract_76871f56-6f28-455b-9982-ceaeec2dcab7" xlink:to="loc_us-gaap_IncomeLossFromEquityMethodInvestments_936c07b1-037a-4925-ba03-ec83232f6c0e" xlink:type="arc" preferredLabel="http://www.xbrl.org/2009/role/negatedLabel"/>
    <link:loc xlink:type="locator" xlink:label="loc_us-gaap_StraightLineRent_110c99a7-a67f-40ee-93eb-f699929c1d51" xlink:href="https://xbrl.fasb.org/us-gaap/2024/elts/us-gaap-2024.xsd#us-gaap_StraightLineRent"/>
    <link:presentationArc order="4" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaap_AdjustmentsToReconcileNetIncomeLossToCashProvidedByUsedInOperatingActivitiesAbstract_76871f56-6f28-455b-9982-ceaeec2dcab7" xlink:to="loc_us-gaap_StraightLineRent_110c99a7-a67f-40ee-93eb-f699929c1d51" xlink:type="arc" preferredLabel="http://www.xbrl.org/2009/role/negatedTerseLabel"/>
    <link:loc xlink:type="locator" xlink:label="loc_us-gaap_ShareBasedCompensation_047a8659-7b2c-4226-bb73-451e14915a17" xlink:href="https://xbrl.fasb.org/us-gaap/2024/elts/us-gaap-2024.xsd#us-gaap_ShareBasedCompensation"/>
    <link:presentationArc order="5" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaap_AdjustmentsToReconcileNetIncomeLossToCashProvidedByUsedInOperatingActivitiesAbstract_76871f56-6f28-455b-9982-ceaeec2dcab7" xlink:to="loc_us-gaap_ShareBasedCompensation_047a8659-7b2c-4226-bb73-451e14915a17" xlink:type="arc" preferredLabel="http://www.xbrl.org/2003/role/terseLabel"/>
    <link:loc xlink:type="locator" xlink:label="loc_us-gaap_OtherNoncashIncomeExpense_f12bb052-0925-4fa3-8841-d3f19f6ace73" xlink:href="https://xbrl.fasb.org/us-gaap/2024/elts/us-gaap-2024.xsd#us-gaap_OtherNoncashIncomeExpense"/>
    <link:presentationArc order="6" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaap_AdjustmentsToReconcileNetIncomeLossToCashProvidedByUsedInOperatingActivitiesAbstract_76871f56-6f28-455b-9982-ceaeec2dcab7" xlink:to="loc_us-gaap_OtherNoncashIncomeExpense_f12bb052-0925-4fa3-8841-d3f19f6ace73" xlink:type="arc" preferredLabel="http://www.xbrl.org/2009/role/negatedTerseLabel"/>
    <link:loc xlink:type="locator" xlink:label="loc_us-gaap_IncreaseDecreaseInOperatingCapitalAbstract_81c3e365-aff7-45fe-a094-201b57abb4f4" xlink:href="https://xbrl.fasb.org/us-gaap/2024/elts/us-gaap-2024.xsd#us-gaap_IncreaseDecreaseInOperatingCapitalAbstract"/>
    <link:presentationArc order="3" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaap_NetCashProvidedByUsedInOperatingActivitiesAbstract_566a0d53-b277-4e94-b829-ac7e7b5dcf6a" xlink:to="loc_us-gaap_IncreaseDecreaseInOperatingCapitalAbstract_81c3e365-aff7-45fe-a094-201b57abb4f4" xlink:type="arc" preferredLabel="http://www.xbrl.org/2003/role/terseLabel"/>
    <link:loc xlink:type="locator" xlink:label="loc_us-gaap_IncreaseDecreaseInAccountsAndOtherReceivables_0745053f-201a-4d06-955c-8e7c4f09382f" xlink:href="https://xbrl.fasb.org/us-gaap/2024/elts/us-gaap-2024.xsd#us-gaap_IncreaseDecreaseInAccountsAndOtherReceivables"/>
    <link:presentationArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaap_IncreaseDecreaseInOperatingCapitalAbstract_81c3e365-aff7-45fe-a094-201b57abb4f4" xlink:to="loc_us-gaap_IncreaseDecreaseInAccountsAndOtherReceivables_0745053f-201a-4d06-955c-8e7c4f09382f" xlink:type="arc" preferredLabel="http://www.xbrl.org/2009/role/negatedLabel"/>
    <link:loc xlink:type="locator" xlink:label="loc_us-gaap_IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets_ed80ab7d-56b9-4f17-8d03-5c2828b46cfd" xlink:href="https://xbrl.fasb.org/us-gaap/2024/elts/us-gaap-2024.xsd#us-gaap_IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets"/>
    <link:presentationArc order="2" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaap_IncreaseDecreaseInOperatingCapitalAbstract_81c3e365-aff7-45fe-a094-201b57abb4f4" xlink:to="loc_us-gaap_IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets_ed80ab7d-56b9-4f17-8d03-5c2828b46cfd" xlink:type="arc" preferredLabel="http://www.xbrl.org/2009/role/negatedLabel"/>
    <link:loc xlink:type="locator" xlink:label="loc_us-gaap_IncreaseDecreaseInAccountsPayableAndAccruedLiabilities_2ad84694-270e-4633-ae92-1b01021908d7" xlink:href="https://xbrl.fasb.org/us-gaap/2024/elts/us-gaap-2024.xsd#us-gaap_IncreaseDecreaseInAccountsPayableAndAccruedLiabilities"/>
    <link:presentationArc order="3" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaap_IncreaseDecreaseInOperatingCapitalAbstract_81c3e365-aff7-45fe-a094-201b57abb4f4" xlink:to="loc_us-gaap_IncreaseDecreaseInAccountsPayableAndAccruedLiabilities_2ad84694-270e-4633-ae92-1b01021908d7" xlink:type="arc" preferredLabel="http://www.xbrl.org/2003/role/terseLabel"/>
    <link:loc xlink:type="locator" xlink:label="loc_frt_IncreaseDecreaseInSecurityDepositsAndOtherLiabilities_5af2a75e-aef4-4ef4-b172-75bf373a6470" xlink:href="frt-20240930.xsd#frt_IncreaseDecreaseInSecurityDepositsAndOtherLiabilities"/>
    <link:presentationArc order="4" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaap_IncreaseDecreaseInOperatingCapitalAbstract_81c3e365-aff7-45fe-a094-201b57abb4f4" xlink:to="loc_frt_IncreaseDecreaseInSecurityDepositsAndOtherLiabilities_5af2a75e-aef4-4ef4-b172-75bf373a6470" xlink:type="arc" preferredLabel="http://www.xbrl.org/2003/role/terseLabel"/>
    <link:loc xlink:type="locator" xlink:label="loc_us-gaap_NetCashProvidedByUsedInOperatingActivities_0a7f8391-b809-422a-80df-560dc6a66536" xlink:href="https://xbrl.fasb.org/us-gaap/2024/elts/us-gaap-2024.xsd#us-gaap_NetCashProvidedByUsedInOperatingActivities"/>
    <link:presentationArc order="4" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaap_NetCashProvidedByUsedInOperatingActivitiesAbstract_566a0d53-b277-4e94-b829-ac7e7b5dcf6a" xlink:to="loc_us-gaap_NetCashProvidedByUsedInOperatingActivities_0a7f8391-b809-422a-80df-560dc6a66536" xlink:type="arc" preferredLabel="http://www.xbrl.org/2003/role/totalLabel"/>
    <link:loc xlink:type="locator" xlink:label="loc_us-gaap_NetCashProvidedByUsedInInvestingActivitiesAbstract_1afc830f-1c2f-470a-b376-68333f09a57f" xlink:href="https://xbrl.fasb.org/us-gaap/2024/elts/us-gaap-2024.xsd#us-gaap_NetCashProvidedByUsedInInvestingActivitiesAbstract"/>
    <link:presentationArc order="2" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaap_StatementLineItems_cbad3f2c-4fa2-4e55-9fbc-a17e93ad427e" xlink:to="loc_us-gaap_NetCashProvidedByUsedInInvestingActivitiesAbstract_1afc830f-1c2f-470a-b376-68333f09a57f" xlink:type="arc" preferredLabel="http://www.xbrl.org/2003/role/terseLabel"/>
    <link:loc xlink:type="locator" xlink:label="loc_us-gaap_PaymentsToAcquireRealEstate_42d18e4e-b51d-4846-bc87-fa26787d2368" xlink:href="https://xbrl.fasb.org/us-gaap/2024/elts/us-gaap-2024.xsd#us-gaap_PaymentsToAcquireRealEstate"/>
    <link:presentationArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaap_NetCashProvidedByUsedInInvestingActivitiesAbstract_1afc830f-1c2f-470a-b376-68333f09a57f" xlink:to="loc_us-gaap_PaymentsToAcquireRealEstate_42d18e4e-b51d-4846-bc87-fa26787d2368" xlink:type="arc" preferredLabel="http://www.xbrl.org/2009/role/negatedTerseLabel"/>
    <link:loc xlink:type="locator" xlink:label="loc_frt_CapitalExpendituresDevelopmentRedevelopment_75e6066a-30e4-4334-9d71-ab9cf59af506" xlink:href="frt-20240930.xsd#frt_CapitalExpendituresDevelopmentRedevelopment"/>
    <link:presentationArc order="2" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaap_NetCashProvidedByUsedInInvestingActivitiesAbstract_1afc830f-1c2f-470a-b376-68333f09a57f" xlink:to="loc_frt_CapitalExpendituresDevelopmentRedevelopment_75e6066a-30e4-4334-9d71-ab9cf59af506" xlink:type="arc" preferredLabel="http://www.xbrl.org/2009/role/negatedLabel"/>
    <link:loc xlink:type="locator" xlink:label="loc_frt_CapitalExpendituresOther_a8cd9bfd-8b2f-4b52-a04d-3392113ff45f" xlink:href="frt-20240930.xsd#frt_CapitalExpendituresOther"/>
    <link:presentationArc order="3" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaap_NetCashProvidedByUsedInInvestingActivitiesAbstract_1afc830f-1c2f-470a-b376-68333f09a57f" xlink:to="loc_frt_CapitalExpendituresOther_a8cd9bfd-8b2f-4b52-a04d-3392113ff45f" xlink:type="arc" preferredLabel="http://www.xbrl.org/2009/role/negatedLabel"/>
    <link:loc xlink:type="locator" xlink:label="loc_frt_Costsassociatedwithleasebuyoutforapropertysold_736ebb85-96d8-49c5-96a8-401ef879e907" xlink:href="frt-20240930.xsd#frt_Costsassociatedwithleasebuyoutforapropertysold"/>
    <link:presentationArc order="4" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaap_NetCashProvidedByUsedInInvestingActivitiesAbstract_1afc830f-1c2f-470a-b376-68333f09a57f" xlink:to="loc_frt_Costsassociatedwithleasebuyoutforapropertysold_736ebb85-96d8-49c5-96a8-401ef879e907" xlink:type="arc" preferredLabel="http://www.xbrl.org/2009/role/negatedTerseLabel"/>
    <link:loc xlink:type="locator" xlink:label="loc_us-gaap_ProceedsFromRealEstateAndRealEstateJointVentures_c05e28c9-e12f-4f9c-991d-545871d7b13e" xlink:href="https://xbrl.fasb.org/us-gaap/2024/elts/us-gaap-2024.xsd#us-gaap_ProceedsFromRealEstateAndRealEstateJointVentures"/>
    <link:presentationArc order="5" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaap_NetCashProvidedByUsedInInvestingActivitiesAbstract_1afc830f-1c2f-470a-b376-68333f09a57f" xlink:to="loc_us-gaap_ProceedsFromRealEstateAndRealEstateJointVentures_c05e28c9-e12f-4f9c-991d-545871d7b13e" xlink:type="arc" preferredLabel="http://www.xbrl.org/2003/role/terseLabel"/>
    <link:loc xlink:type="locator" xlink:label="loc_us-gaap_ProceedsFromDistributionsReceivedFromRealEstatePartnerships_d747aa1f-bb80-4894-ad53-d34a75114e84" xlink:href="https://xbrl.fasb.org/us-gaap/2024/elts/us-gaap-2024.xsd#us-gaap_ProceedsFromDistributionsReceivedFromRealEstatePartnerships"/>
    <link:presentationArc order="6" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaap_NetCashProvidedByUsedInInvestingActivitiesAbstract_1afc830f-1c2f-470a-b376-68333f09a57f" xlink:to="loc_us-gaap_ProceedsFromDistributionsReceivedFromRealEstatePartnerships_d747aa1f-bb80-4894-ad53-d34a75114e84" xlink:type="arc" preferredLabel="http://www.xbrl.org/2003/role/terseLabel"/>
    <link:loc xlink:type="locator" xlink:label="loc_us-gaap_IncreaseDecreaseInLeaseAcquisitionCosts_445a1dd7-6e19-4561-af40-b3d9cfd178a3" xlink:href="https://xbrl.fasb.org/us-gaap/2024/elts/us-gaap-2024.xsd#us-gaap_IncreaseDecreaseInLeaseAcquisitionCosts"/>
    <link:presentationArc order="7" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaap_NetCashProvidedByUsedInInvestingActivitiesAbstract_1afc830f-1c2f-470a-b376-68333f09a57f" xlink:to="loc_us-gaap_IncreaseDecreaseInLeaseAcquisitionCosts_445a1dd7-6e19-4561-af40-b3d9cfd178a3" xlink:type="arc" preferredLabel="http://www.xbrl.org/2009/role/negatedLabel"/>
    <link:loc xlink:type="locator" xlink:label="loc_us-gaap_NetCashProvidedByUsedInInvestingActivities_12355104-5a9e-4c23-a162-8a6569eaab79" xlink:href="https://xbrl.fasb.org/us-gaap/2024/elts/us-gaap-2024.xsd#us-gaap_NetCashProvidedByUsedInInvestingActivities"/>
    <link:presentationArc order="8" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaap_NetCashProvidedByUsedInInvestingActivitiesAbstract_1afc830f-1c2f-470a-b376-68333f09a57f" xlink:to="loc_us-gaap_NetCashProvidedByUsedInInvestingActivities_12355104-5a9e-4c23-a162-8a6569eaab79" xlink:type="arc" preferredLabel="http://www.xbrl.org/2003/role/totalLabel"/>
    <link:loc xlink:type="locator" xlink:label="loc_us-gaap_NetCashProvidedByUsedInFinancingActivitiesAbstract_1eeac53e-c975-48ac-8cda-b97825fcd241" xlink:href="https://xbrl.fasb.org/us-gaap/2024/elts/us-gaap-2024.xsd#us-gaap_NetCashProvidedByUsedInFinancingActivitiesAbstract"/>
    <link:presentationArc order="3" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaap_StatementLineItems_cbad3f2c-4fa2-4e55-9fbc-a17e93ad427e" xlink:to="loc_us-gaap_NetCashProvidedByUsedInFinancingActivitiesAbstract_1eeac53e-c975-48ac-8cda-b97825fcd241" xlink:type="arc" preferredLabel="http://www.xbrl.org/2003/role/terseLabel"/>
    <link:loc xlink:type="locator" xlink:label="loc_us-gaap_ProceedsFromRepaymentsOfLinesOfCredit_784e8db7-477f-40e3-9fe2-7d181d16b1bd" xlink:href="https://xbrl.fasb.org/us-gaap/2024/elts/us-gaap-2024.xsd#us-gaap_ProceedsFromRepaymentsOfLinesOfCredit"/>
    <link:presentationArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaap_NetCashProvidedByUsedInFinancingActivitiesAbstract_1eeac53e-c975-48ac-8cda-b97825fcd241" xlink:to="loc_us-gaap_ProceedsFromRepaymentsOfLinesOfCredit_784e8db7-477f-40e3-9fe2-7d181d16b1bd" xlink:type="arc" preferredLabel="http://www.xbrl.org/2003/role/terseLabel"/>
    <link:loc xlink:type="locator" xlink:label="loc_us-gaap_ProceedsFromIssuanceOfSeniorLongTermDebt_299bf36c-6b80-4d63-b258-6e0b8f2f4a0c" xlink:href="https://xbrl.fasb.org/us-gaap/2024/elts/us-gaap-2024.xsd#us-gaap_ProceedsFromIssuanceOfSeniorLongTermDebt"/>
    <link:presentationArc order="2" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaap_NetCashProvidedByUsedInFinancingActivitiesAbstract_1eeac53e-c975-48ac-8cda-b97825fcd241" xlink:to="loc_us-gaap_ProceedsFromIssuanceOfSeniorLongTermDebt_299bf36c-6b80-4d63-b258-6e0b8f2f4a0c" xlink:type="arc" preferredLabel="http://www.xbrl.org/2003/role/terseLabel"/>
    <link:loc xlink:type="locator" xlink:label="loc_us-gaap_RepaymentsOfSeniorDebt_2e596e0d-ac87-40ba-a711-faa6fac9c4e5" xlink:href="https://xbrl.fasb.org/us-gaap/2024/elts/us-gaap-2024.xsd#us-gaap_RepaymentsOfSeniorDebt"/>
    <link:presentationArc order="3" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaap_NetCashProvidedByUsedInFinancingActivitiesAbstract_1eeac53e-c975-48ac-8cda-b97825fcd241" xlink:to="loc_us-gaap_RepaymentsOfSeniorDebt_2e596e0d-ac87-40ba-a711-faa6fac9c4e5" xlink:type="arc" preferredLabel="http://www.xbrl.org/2009/role/negatedTerseLabel"/>
    <link:loc xlink:type="locator" xlink:label="loc_frt_CostsToExtendAndIssueNotesPayableAndMortgages_fea538f5-b425-401f-a450-afc7fcdd0298" xlink:href="frt-20240930.xsd#frt_CostsToExtendAndIssueNotesPayableAndMortgages"/>
    <link:presentationArc order="4" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaap_NetCashProvidedByUsedInFinancingActivitiesAbstract_1eeac53e-c975-48ac-8cda-b97825fcd241" xlink:to="loc_frt_CostsToExtendAndIssueNotesPayableAndMortgages_fea538f5-b425-401f-a450-afc7fcdd0298" xlink:type="arc" preferredLabel="http://www.xbrl.org/2009/role/negatedTerseLabel"/>
    <link:loc xlink:type="locator" xlink:label="loc_frt_RepaymentOfMortgagesFinanceLeasesAndNotesPayable_d50af70d-121d-4da5-8edf-a5f38999c111" xlink:href="frt-20240930.xsd#frt_RepaymentOfMortgagesFinanceLeasesAndNotesPayable"/>
    <link:presentationArc order="5" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaap_NetCashProvidedByUsedInFinancingActivitiesAbstract_1eeac53e-c975-48ac-8cda-b97825fcd241" xlink:to="loc_frt_RepaymentOfMortgagesFinanceLeasesAndNotesPayable_d50af70d-121d-4da5-8edf-a5f38999c111" xlink:type="arc" preferredLabel="http://www.xbrl.org/2009/role/negatedTerseLabel"/>
    <link:loc xlink:type="locator" xlink:label="loc_frt_PurchaseOfCappedCalls_dd7c48b2-a936-48c4-92a1-a66074802dd4" xlink:href="frt-20240930.xsd#frt_PurchaseOfCappedCalls"/>
    <link:presentationArc order="6" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaap_NetCashProvidedByUsedInFinancingActivitiesAbstract_1eeac53e-c975-48ac-8cda-b97825fcd241" xlink:to="loc_frt_PurchaseOfCappedCalls_dd7c48b2-a936-48c4-92a1-a66074802dd4" xlink:type="arc" preferredLabel="http://www.xbrl.org/2009/role/negatedTerseLabel"/>
    <link:loc xlink:type="locator" xlink:label="loc_us-gaap_ProceedsFromIssuanceOfCommonStock_5d51033f-8ea2-4f38-bbb8-59887bbc01b1" xlink:href="https://xbrl.fasb.org/us-gaap/2024/elts/us-gaap-2024.xsd#us-gaap_ProceedsFromIssuanceOfCommonStock"/>
    <link:presentationArc order="7" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaap_NetCashProvidedByUsedInFinancingActivitiesAbstract_1eeac53e-c975-48ac-8cda-b97825fcd241" xlink:to="loc_us-gaap_ProceedsFromIssuanceOfCommonStock_5d51033f-8ea2-4f38-bbb8-59887bbc01b1" xlink:type="arc" preferredLabel="http://www.xbrl.org/2003/role/verboseLabel"/>
    <link:loc xlink:type="locator" xlink:label="loc_frt_IssuanceOfCommonUnitsNetOfCosts_c025b300-e158-4efb-9f59-b32bcdeb0ee1" xlink:href="frt-20240930.xsd#frt_IssuanceOfCommonUnitsNetOfCosts"/>
    <link:presentationArc order="8" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaap_NetCashProvidedByUsedInFinancingActivitiesAbstract_1eeac53e-c975-48ac-8cda-b97825fcd241" xlink:to="loc_frt_IssuanceOfCommonUnitsNetOfCosts_c025b300-e158-4efb-9f59-b32bcdeb0ee1" xlink:type="arc" preferredLabel="http://www.xbrl.org/2003/role/terseLabel"/>
    <link:loc xlink:type="locator" xlink:label="loc_frt_DividendsPaidToCommonAndPreferredShareholders_6868d931-9a21-4453-b679-48b54f68eb6b" xlink:href="frt-20240930.xsd#frt_DividendsPaidToCommonAndPreferredShareholders"/>
    <link:presentationArc order="9" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaap_NetCashProvidedByUsedInFinancingActivitiesAbstract_1eeac53e-c975-48ac-8cda-b97825fcd241" xlink:to="loc_frt_DividendsPaidToCommonAndPreferredShareholders_6868d931-9a21-4453-b679-48b54f68eb6b" xlink:type="arc" preferredLabel="http://www.xbrl.org/2009/role/negatedLabel"/>
    <link:loc xlink:type="locator" xlink:label="loc_frt_DividendsPaidToCommonAndPreferredUnitHolders_3f03787a-b04b-429b-a24d-fb83e36a0954" xlink:href="frt-20240930.xsd#frt_DividendsPaidToCommonAndPreferredUnitHolders"/>
    <link:presentationArc order="10" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaap_NetCashProvidedByUsedInFinancingActivitiesAbstract_1eeac53e-c975-48ac-8cda-b97825fcd241" xlink:to="loc_frt_DividendsPaidToCommonAndPreferredUnitHolders_3f03787a-b04b-429b-a24d-fb83e36a0954" xlink:type="arc" preferredLabel="http://www.xbrl.org/2009/role/negatedLabel"/>
    <link:loc xlink:type="locator" xlink:label="loc_us-gaap_PaymentsRelatedToTaxWithholdingForShareBasedCompensation_f16dd7e8-a470-4eae-b62e-61fa303a53da" xlink:href="https://xbrl.fasb.org/us-gaap/2024/elts/us-gaap-2024.xsd#us-gaap_PaymentsRelatedToTaxWithholdingForShareBasedCompensation"/>
    <link:presentationArc order="11" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaap_NetCashProvidedByUsedInFinancingActivitiesAbstract_1eeac53e-c975-48ac-8cda-b97825fcd241" xlink:to="loc_us-gaap_PaymentsRelatedToTaxWithholdingForShareBasedCompensation_f16dd7e8-a470-4eae-b62e-61fa303a53da" xlink:type="arc" preferredLabel="http://www.xbrl.org/2009/role/negatedLabel"/>
    <link:loc xlink:type="locator" xlink:label="loc_us-gaap_ProceedsFromMinorityShareholders_92c78f1e-79c6-487d-9572-d2aca4e0e347" xlink:href="https://xbrl.fasb.org/us-gaap/2024/elts/us-gaap-2024.xsd#us-gaap_ProceedsFromMinorityShareholders"/>
    <link:presentationArc order="12" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaap_NetCashProvidedByUsedInFinancingActivitiesAbstract_1eeac53e-c975-48ac-8cda-b97825fcd241" xlink:to="loc_us-gaap_ProceedsFromMinorityShareholders_92c78f1e-79c6-487d-9572-d2aca4e0e347" xlink:type="arc" preferredLabel="http://www.xbrl.org/2003/role/terseLabel"/>
    <link:loc xlink:type="locator" xlink:label="loc_frt_Paymentsofdividendsandredemptionsminorityinterest_cb4f510c-8620-484e-b055-cdcdc15dd238" xlink:href="frt-20240930.xsd#frt_Paymentsofdividendsandredemptionsminorityinterest"/>
    <link:presentationArc order="13" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaap_NetCashProvidedByUsedInFinancingActivitiesAbstract_1eeac53e-c975-48ac-8cda-b97825fcd241" xlink:to="loc_frt_Paymentsofdividendsandredemptionsminorityinterest_cb4f510c-8620-484e-b055-cdcdc15dd238" xlink:type="arc" preferredLabel="http://www.xbrl.org/2009/role/negatedTerseLabel"/>
    <link:loc xlink:type="locator" xlink:label="loc_us-gaap_NetCashProvidedByUsedInFinancingActivities_c4a85c7a-e6f7-4b53-95fe-469924567f5e" xlink:href="https://xbrl.fasb.org/us-gaap/2024/elts/us-gaap-2024.xsd#us-gaap_NetCashProvidedByUsedInFinancingActivities"/>
    <link:presentationArc order="14" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaap_NetCashProvidedByUsedInFinancingActivitiesAbstract_1eeac53e-c975-48ac-8cda-b97825fcd241" xlink:to="loc_us-gaap_NetCashProvidedByUsedInFinancingActivities_c4a85c7a-e6f7-4b53-95fe-469924567f5e" xlink:type="arc" preferredLabel="http://www.xbrl.org/2003/role/totalLabel"/>
    <link:loc xlink:type="locator" xlink:label="loc_us-gaap_CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect_bc8107c7-a88c-4f91-9753-4d6077d19e07" xlink:href="https://xbrl.fasb.org/us-gaap/2024/elts/us-gaap-2024.xsd#us-gaap_CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect"/>
    <link:presentationArc order="4" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaap_StatementLineItems_cbad3f2c-4fa2-4e55-9fbc-a17e93ad427e" xlink:to="loc_us-gaap_CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect_bc8107c7-a88c-4f91-9753-4d6077d19e07" xlink:type="arc" preferredLabel="http://www.xbrl.org/2003/role/totalLabel"/>
    <link:loc xlink:type="locator" xlink:label="loc_us-gaap_CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents_6acf92fd-9728-4395-b402-cca75b8051cd" xlink:href="https://xbrl.fasb.org/us-gaap/2024/elts/us-gaap-2024.xsd#us-gaap_CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents"/>
    <link:presentationArc order="5" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaap_StatementLineItems_cbad3f2c-4fa2-4e55-9fbc-a17e93ad427e" xlink:to="loc_us-gaap_CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents_6acf92fd-9728-4395-b402-cca75b8051cd" xlink:type="arc" preferredLabel="http://www.xbrl.org/2003/role/periodStartLabel"/>
    <link:loc xlink:type="locator" xlink:label="loc_us-gaap_CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents_3342ed78-1b95-4678-9b8f-96098bdce5d1" xlink:href="https://xbrl.fasb.org/us-gaap/2024/elts/us-gaap-2024.xsd#us-gaap_CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents"/>
    <link:presentationArc order="6" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaap_StatementLineItems_cbad3f2c-4fa2-4e55-9fbc-a17e93ad427e" xlink:to="loc_us-gaap_CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents_3342ed78-1b95-4678-9b8f-96098bdce5d1" 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-20240930.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_9ba0db07-123b-4a60-bbcb-c926c043ab40" xlink:href="https://xbrl.fasb.org/us-gaap/2024/elts/us-gaap-2024.xsd#us-gaap_StatementOfStockholdersEquityAbstract"/>
    <link:loc xlink:type="locator" xlink:label="loc_us-gaap_StatementTable_47aa5d2f-761d-4756-bec9-eb33fa9b4a5c" xlink:href="https://xbrl.fasb.org/us-gaap/2024/elts/us-gaap-2024.xsd#us-gaap_StatementTable"/>
    <link:presentationArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaap_StatementOfStockholdersEquityAbstract_9ba0db07-123b-4a60-bbcb-c926c043ab40" xlink:to="loc_us-gaap_StatementTable_47aa5d2f-761d-4756-bec9-eb33fa9b4a5c" xlink:type="arc" preferredLabel="http://www.xbrl.org/2003/role/terseLabel"/>
    <link:loc xlink:type="locator" xlink:label="loc_srt_ConsolidatedEntitiesAxis_cdd05b8f-35aa-40a2-80cc-dab3ed09932c" xlink:href="https://xbrl.fasb.org/srt/2024/elts/srt-2024.xsd#srt_ConsolidatedEntitiesAxis"/>
    <link:presentationArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaap_StatementTable_47aa5d2f-761d-4756-bec9-eb33fa9b4a5c" xlink:to="loc_srt_ConsolidatedEntitiesAxis_cdd05b8f-35aa-40a2-80cc-dab3ed09932c" xlink:type="arc" preferredLabel="http://www.xbrl.org/2003/role/terseLabel"/>
    <link:loc xlink:type="locator" xlink:label="loc_srt_ConsolidatedEntitiesDomain_ba810a6b-fcce-4844-b8b1-439b25634468" xlink:href="https://xbrl.fasb.org/srt/2024/elts/srt-2024.xsd#srt_ConsolidatedEntitiesDomain"/>
    <link:presentationArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_srt_ConsolidatedEntitiesAxis_cdd05b8f-35aa-40a2-80cc-dab3ed09932c" xlink:to="loc_srt_ConsolidatedEntitiesDomain_ba810a6b-fcce-4844-b8b1-439b25634468" xlink:type="arc" preferredLabel="http://www.xbrl.org/2003/role/terseLabel"/>
    <link:loc xlink:type="locator" xlink:label="loc_srt_PartnershipInterestMember_6dfe5faf-55c2-49d8-8436-31c0b2d74c0b" xlink:href="https://xbrl.fasb.org/srt/2024/elts/srt-2024.xsd#srt_PartnershipInterestMember"/>
    <link:presentationArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_srt_ConsolidatedEntitiesDomain_ba810a6b-fcce-4844-b8b1-439b25634468" xlink:to="loc_srt_PartnershipInterestMember_6dfe5faf-55c2-49d8-8436-31c0b2d74c0b" xlink:type="arc" preferredLabel="http://www.xbrl.org/2003/role/terseLabel"/>
    <link:loc xlink:type="locator" xlink:label="loc_frt_ConvertibleUnitTypeAxis_03dbf30e-2433-412b-9532-dafcc405f9a8" xlink:href="frt-20240930.xsd#frt_ConvertibleUnitTypeAxis"/>
    <link:presentationArc order="2" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaap_StatementTable_47aa5d2f-761d-4756-bec9-eb33fa9b4a5c" xlink:to="loc_frt_ConvertibleUnitTypeAxis_03dbf30e-2433-412b-9532-dafcc405f9a8" xlink:type="arc" preferredLabel="http://www.xbrl.org/2003/role/terseLabel"/>
    <link:loc xlink:type="locator" xlink:label="loc_frt_ConvertibleUnitTypeDomain_7f79c42c-38cb-43bd-8f46-c5d2c2a64582" xlink:href="frt-20240930.xsd#frt_ConvertibleUnitTypeDomain"/>
    <link:presentationArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_frt_ConvertibleUnitTypeAxis_03dbf30e-2433-412b-9532-dafcc405f9a8" xlink:to="loc_frt_ConvertibleUnitTypeDomain_7f79c42c-38cb-43bd-8f46-c5d2c2a64582" xlink:type="arc" preferredLabel="http://www.xbrl.org/2003/role/terseLabel"/>
    <link:loc xlink:type="locator" xlink:label="loc_frt_DownREITOPUnitsMember_d0c1f89c-d111-4402-b122-da4234a08a62" xlink:href="frt-20240930.xsd#frt_DownREITOPUnitsMember"/>
    <link:presentationArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_frt_ConvertibleUnitTypeDomain_7f79c42c-38cb-43bd-8f46-c5d2c2a64582" xlink:to="loc_frt_DownREITOPUnitsMember_d0c1f89c-d111-4402-b122-da4234a08a62" xlink:type="arc" preferredLabel="http://www.xbrl.org/2003/role/terseLabel"/>
    <link:loc xlink:type="locator" xlink:label="loc_us-gaap_StatementEquityComponentsAxis_80b43b83-04d9-4c4b-b6cd-5d8d2e552850" xlink:href="https://xbrl.fasb.org/us-gaap/2024/elts/us-gaap-2024.xsd#us-gaap_StatementEquityComponentsAxis"/>
    <link:presentationArc order="3" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaap_StatementTable_47aa5d2f-761d-4756-bec9-eb33fa9b4a5c" xlink:to="loc_us-gaap_StatementEquityComponentsAxis_80b43b83-04d9-4c4b-b6cd-5d8d2e552850" xlink:type="arc" preferredLabel="http://www.xbrl.org/2003/role/terseLabel"/>
    <link:loc xlink:type="locator" xlink:label="loc_us-gaap_EquityComponentDomain_df0561ec-9f55-4e86-9c94-50df3e043fe3" xlink:href="https://xbrl.fasb.org/us-gaap/2024/elts/us-gaap-2024.xsd#us-gaap_EquityComponentDomain"/>
    <link:presentationArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaap_StatementEquityComponentsAxis_80b43b83-04d9-4c4b-b6cd-5d8d2e552850" xlink:to="loc_us-gaap_EquityComponentDomain_df0561ec-9f55-4e86-9c94-50df3e043fe3" xlink:type="arc" preferredLabel="http://www.xbrl.org/2003/role/terseLabel"/>
    <link:loc xlink:type="locator" xlink:label="loc_frt_PreferredUnitsMember_9f9ef155-fc92-4e50-a87e-5ce38e91a6b6" xlink:href="frt-20240930.xsd#frt_PreferredUnitsMember"/>
    <link:presentationArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaap_EquityComponentDomain_df0561ec-9f55-4e86-9c94-50df3e043fe3" xlink:to="loc_frt_PreferredUnitsMember_9f9ef155-fc92-4e50-a87e-5ce38e91a6b6" xlink:type="arc" preferredLabel="http://www.xbrl.org/2003/role/terseLabel"/>
    <link:loc xlink:type="locator" xlink:label="loc_frt_CommonUnitsMember_9089762c-a3af-48b6-af5c-7a5424cd50f9" xlink:href="frt-20240930.xsd#frt_CommonUnitsMember"/>
    <link:presentationArc order="2" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaap_EquityComponentDomain_df0561ec-9f55-4e86-9c94-50df3e043fe3" xlink:to="loc_frt_CommonUnitsMember_9089762c-a3af-48b6-af5c-7a5424cd50f9" xlink:type="arc" preferredLabel="http://www.xbrl.org/2003/role/terseLabel"/>
    <link:loc xlink:type="locator" xlink:label="loc_us-gaap_AccumulatedOtherComprehensiveIncomeMember_d784c3c5-8b39-4cc9-8154-4f4553f6a512" xlink:href="https://xbrl.fasb.org/us-gaap/2024/elts/us-gaap-2024.xsd#us-gaap_AccumulatedOtherComprehensiveIncomeMember"/>
    <link:presentationArc order="3" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaap_EquityComponentDomain_df0561ec-9f55-4e86-9c94-50df3e043fe3" xlink:to="loc_us-gaap_AccumulatedOtherComprehensiveIncomeMember_d784c3c5-8b39-4cc9-8154-4f4553f6a512" xlink:type="arc" preferredLabel="http://www.xbrl.org/2003/role/terseLabel"/>
    <link:loc xlink:type="locator" xlink:label="loc_us-gaap_ParentMember_2318dc7b-537a-4583-9530-790617984c62" xlink:href="https://xbrl.fasb.org/us-gaap/2024/elts/us-gaap-2024.xsd#us-gaap_ParentMember"/>
    <link:presentationArc order="4" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaap_EquityComponentDomain_df0561ec-9f55-4e86-9c94-50df3e043fe3" xlink:to="loc_us-gaap_ParentMember_2318dc7b-537a-4583-9530-790617984c62" xlink:type="arc" preferredLabel="http://www.xbrl.org/2003/role/terseLabel"/>
    <link:loc xlink:type="locator" xlink:label="loc_frt_NoncontrollingInterestsInConsolidatedPartnershipsMember_a861e452-9176-4b58-904b-169f28dbd230" xlink:href="frt-20240930.xsd#frt_NoncontrollingInterestsInConsolidatedPartnershipsMember"/>
    <link:presentationArc order="5" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaap_EquityComponentDomain_df0561ec-9f55-4e86-9c94-50df3e043fe3" xlink:to="loc_frt_NoncontrollingInterestsInConsolidatedPartnershipsMember_a861e452-9176-4b58-904b-169f28dbd230" xlink:type="arc" preferredLabel="http://www.xbrl.org/2003/role/terseLabel"/>
    <link:loc xlink:type="locator" xlink:label="loc_us-gaap_StatementLineItems_de15b864-4a64-4e68-a186-df9ad373f13a" xlink:href="https://xbrl.fasb.org/us-gaap/2024/elts/us-gaap-2024.xsd#us-gaap_StatementLineItems"/>
    <link:presentationArc order="4" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaap_StatementTable_47aa5d2f-761d-4756-bec9-eb33fa9b4a5c" xlink:to="loc_us-gaap_StatementLineItems_de15b864-4a64-4e68-a186-df9ad373f13a" xlink:type="arc" preferredLabel="http://www.xbrl.org/2003/role/terseLabel"/>
    <link:loc xlink:type="locator" xlink:label="loc_us-gaap_IncreaseDecreaseInPartnersCapitalRollForward_6e8fc70c-46cb-4e54-bceb-ccb2ee7325e8" xlink:href="https://xbrl.fasb.org/us-gaap/2024/elts/us-gaap-2024.xsd#us-gaap_IncreaseDecreaseInPartnersCapitalRollForward"/>
    <link:presentationArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaap_StatementLineItems_de15b864-4a64-4e68-a186-df9ad373f13a" xlink:to="loc_us-gaap_IncreaseDecreaseInPartnersCapitalRollForward_6e8fc70c-46cb-4e54-bceb-ccb2ee7325e8" xlink:type="arc" preferredLabel="http://www.xbrl.org/2003/role/terseLabel"/>
    <link:loc xlink:type="locator" xlink:label="loc_us-gaap_PartnersCapitalIncludingPortionAttributableToNoncontrollingInterest_3afbc61d-03ea-4c7c-a818-099478a19b5c" xlink:href="https://xbrl.fasb.org/us-gaap/2024/elts/us-gaap-2024.xsd#us-gaap_PartnersCapitalIncludingPortionAttributableToNoncontrollingInterest"/>
    <link:presentationArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaap_IncreaseDecreaseInPartnersCapitalRollForward_6e8fc70c-46cb-4e54-bceb-ccb2ee7325e8" xlink:to="loc_us-gaap_PartnersCapitalIncludingPortionAttributableToNoncontrollingInterest_3afbc61d-03ea-4c7c-a818-099478a19b5c" xlink:type="arc" preferredLabel="http://www.xbrl.org/2003/role/periodStartLabel"/>
    <link:loc xlink:type="locator" xlink:label="loc_us-gaap_NetIncomeLossIncludingPortionAttributableToNonredeemableNoncontrollingInterest_8729481f-5d14-4f41-9924-2bf2c8d050c4" xlink:href="https://xbrl.fasb.org/us-gaap/2024/elts/us-gaap-2024.xsd#us-gaap_NetIncomeLossIncludingPortionAttributableToNonredeemableNoncontrollingInterest"/>
    <link:presentationArc order="2" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaap_IncreaseDecreaseInPartnersCapitalRollForward_6e8fc70c-46cb-4e54-bceb-ccb2ee7325e8" xlink:to="loc_us-gaap_NetIncomeLossIncludingPortionAttributableToNonredeemableNoncontrollingInterest_8729481f-5d14-4f41-9924-2bf2c8d050c4" xlink:type="arc" preferredLabel="http://www.xbrl.org/2003/role/terseLabel"/>
    <link:loc xlink:type="locator" xlink:label="loc_frt_OtherComprehensiveIncomeLossNetOfPortionAttributableToNoncontrollingInterest_641f4452-7fd1-49b6-8b3a-c4bf8e082fc2" xlink:href="frt-20240930.xsd#frt_OtherComprehensiveIncomeLossNetOfPortionAttributableToNoncontrollingInterest"/>
    <link:presentationArc order="3" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaap_IncreaseDecreaseInPartnersCapitalRollForward_6e8fc70c-46cb-4e54-bceb-ccb2ee7325e8" xlink:to="loc_frt_OtherComprehensiveIncomeLossNetOfPortionAttributableToNoncontrollingInterest_641f4452-7fd1-49b6-8b3a-c4bf8e082fc2" xlink:type="arc" preferredLabel="http://www.xbrl.org/2003/role/verboseLabel"/>
    <link:loc xlink:type="locator" xlink:label="loc_frt_DistributionsDeclaredToCommonUnitHolders_61685678-19b4-4e07-8490-2fa3c4ab7ca6" xlink:href="frt-20240930.xsd#frt_DistributionsDeclaredToCommonUnitHolders"/>
    <link:presentationArc order="4" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaap_IncreaseDecreaseInPartnersCapitalRollForward_6e8fc70c-46cb-4e54-bceb-ccb2ee7325e8" xlink:to="loc_frt_DistributionsDeclaredToCommonUnitHolders_61685678-19b4-4e07-8490-2fa3c4ab7ca6" xlink:type="arc" preferredLabel="http://www.xbrl.org/2009/role/negatedTerseLabel"/>
    <link:loc xlink:type="locator" xlink:label="loc_frt_DistributionsDeclaredToPreferredUnitHolders_dc4a771b-4eb9-4544-a617-153a24b53b45" xlink:href="frt-20240930.xsd#frt_DistributionsDeclaredToPreferredUnitHolders"/>
    <link:presentationArc order="5" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaap_IncreaseDecreaseInPartnersCapitalRollForward_6e8fc70c-46cb-4e54-bceb-ccb2ee7325e8" xlink:to="loc_frt_DistributionsDeclaredToPreferredUnitHolders_dc4a771b-4eb9-4544-a617-153a24b53b45" xlink:type="arc" preferredLabel="http://www.xbrl.org/2009/role/negatedTerseLabel"/>
    <link:loc xlink:type="locator" xlink:label="loc_frt_DistributionsDeclaredToNoncontrollingInterestsInConsolidatedPartnershipsExcludingAmountsAttributableToRedeemableNoncontrollingInterests_e55df78b-4517-4a12-b0fd-b2c70b897fdf" xlink:href="frt-20240930.xsd#frt_DistributionsDeclaredToNoncontrollingInterestsInConsolidatedPartnershipsExcludingAmountsAttributableToRedeemableNoncontrollingInterests"/>
    <link:presentationArc order="6" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaap_IncreaseDecreaseInPartnersCapitalRollForward_6e8fc70c-46cb-4e54-bceb-ccb2ee7325e8" xlink:to="loc_frt_DistributionsDeclaredToNoncontrollingInterestsInConsolidatedPartnershipsExcludingAmountsAttributableToRedeemableNoncontrollingInterests_e55df78b-4517-4a12-b0fd-b2c70b897fdf" xlink:type="arc" preferredLabel="http://www.xbrl.org/2009/role/negatedTerseLabel"/>
    <link:loc xlink:type="locator" xlink:label="loc_us-gaap_PartnersCapitalAccountContributions_4bdc4025-88ae-4155-b07d-f32f49d11a77" xlink:href="https://xbrl.fasb.org/us-gaap/2024/elts/us-gaap-2024.xsd#us-gaap_PartnersCapitalAccountContributions"/>
    <link:presentationArc order="7" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaap_IncreaseDecreaseInPartnersCapitalRollForward_6e8fc70c-46cb-4e54-bceb-ccb2ee7325e8" xlink:to="loc_us-gaap_PartnersCapitalAccountContributions_4bdc4025-88ae-4155-b07d-f32f49d11a77" xlink:type="arc" preferredLabel="http://www.xbrl.org/2003/role/terseLabel"/>
    <link:loc xlink:type="locator" xlink:label="loc_frt_CommonUnitsIssuedUnderDividendReinvestmentPlan_92990461-b895-4775-8960-95f864818a45" xlink:href="frt-20240930.xsd#frt_CommonUnitsIssuedUnderDividendReinvestmentPlan"/>
    <link:presentationArc order="8" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaap_IncreaseDecreaseInPartnersCapitalRollForward_6e8fc70c-46cb-4e54-bceb-ccb2ee7325e8" xlink:to="loc_frt_CommonUnitsIssuedUnderDividendReinvestmentPlan_92990461-b895-4775-8960-95f864818a45" xlink:type="arc" preferredLabel="http://www.xbrl.org/2003/role/terseLabel"/>
    <link:loc xlink:type="locator" xlink:label="loc_us-gaap_PartnersCapitalAccountUnitBasedCompensation_27bb4e23-2fca-4554-84fa-e30f6e311e9b" xlink:href="https://xbrl.fasb.org/us-gaap/2024/elts/us-gaap-2024.xsd#us-gaap_PartnersCapitalAccountUnitBasedCompensation"/>
    <link:presentationArc order="9" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaap_IncreaseDecreaseInPartnersCapitalRollForward_6e8fc70c-46cb-4e54-bceb-ccb2ee7325e8" xlink:to="loc_us-gaap_PartnersCapitalAccountUnitBasedCompensation_27bb4e23-2fca-4554-84fa-e30f6e311e9b" xlink:type="arc" preferredLabel="http://www.xbrl.org/2003/role/terseLabel"/>
    <link:loc xlink:type="locator" xlink:label="loc_frt_PartnersCapitalAccountEmployeeTaxWithholdings_810b9e68-8b77-4c0d-bc2d-ea3b1478e984" xlink:href="frt-20240930.xsd#frt_PartnersCapitalAccountEmployeeTaxWithholdings"/>
    <link:presentationArc order="10" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaap_IncreaseDecreaseInPartnersCapitalRollForward_6e8fc70c-46cb-4e54-bceb-ccb2ee7325e8" xlink:to="loc_frt_PartnersCapitalAccountEmployeeTaxWithholdings_810b9e68-8b77-4c0d-bc2d-ea3b1478e984" xlink:type="arc" preferredLabel="http://www.xbrl.org/2009/role/negatedTerseLabel"/>
    <link:loc xlink:type="locator" xlink:label="loc_us-gaap_PartnersCapitalAccountExchangesAndConversions_2fb3b5b3-343c-4d86-b3a1-1667e8aa89c0" xlink:href="https://xbrl.fasb.org/us-gaap/2024/elts/us-gaap-2024.xsd#us-gaap_PartnersCapitalAccountExchangesAndConversions"/>
    <link:presentationArc order="11" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaap_IncreaseDecreaseInPartnersCapitalRollForward_6e8fc70c-46cb-4e54-bceb-ccb2ee7325e8" xlink:to="loc_us-gaap_PartnersCapitalAccountExchangesAndConversions_2fb3b5b3-343c-4d86-b3a1-1667e8aa89c0" xlink:type="arc" preferredLabel="http://www.xbrl.org/2003/role/terseLabel"/>
    <link:loc xlink:type="locator" xlink:label="loc_frt_PartnersCapitalAccountPurchaseOfNoncontrollingInterest_98bcf89e-8e80-427a-8330-b575d34ed165" xlink:href="frt-20240930.xsd#frt_PartnersCapitalAccountPurchaseOfNoncontrollingInterest"/>
    <link:presentationArc order="12" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaap_IncreaseDecreaseInPartnersCapitalRollForward_6e8fc70c-46cb-4e54-bceb-ccb2ee7325e8" xlink:to="loc_frt_PartnersCapitalAccountPurchaseOfNoncontrollingInterest_98bcf89e-8e80-427a-8330-b575d34ed165" xlink:type="arc" preferredLabel="http://www.xbrl.org/2009/role/negatedTerseLabel"/>
    <link:loc xlink:type="locator" xlink:label="loc_frt_Contributionsfromnoncontrollinginterests_cbba8455-e8eb-44af-b644-a6be86ff32ae" xlink:href="frt-20240930.xsd#frt_Contributionsfromnoncontrollinginterests"/>
    <link:presentationArc order="13" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaap_IncreaseDecreaseInPartnersCapitalRollForward_6e8fc70c-46cb-4e54-bceb-ccb2ee7325e8" xlink:to="loc_frt_Contributionsfromnoncontrollinginterests_cbba8455-e8eb-44af-b644-a6be86ff32ae" xlink:type="arc" preferredLabel="http://www.xbrl.org/2003/role/terseLabel"/>
    <link:loc xlink:type="locator" xlink:label="loc_frt_PartnersCapitalAccountCappedCallPremiums_c51d55d0-0ae8-41a7-b985-c3273f3e2e46" xlink:href="frt-20240930.xsd#frt_PartnersCapitalAccountCappedCallPremiums"/>
    <link:presentationArc order="14" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaap_IncreaseDecreaseInPartnersCapitalRollForward_6e8fc70c-46cb-4e54-bceb-ccb2ee7325e8" xlink:to="loc_frt_PartnersCapitalAccountCappedCallPremiums_c51d55d0-0ae8-41a7-b985-c3273f3e2e46" xlink:type="arc" preferredLabel="http://www.xbrl.org/2009/role/negatedTerseLabel"/>
    <link:loc xlink:type="locator" xlink:label="loc_us-gaap_PartnersCapitalIncludingPortionAttributableToNoncontrollingInterest_f4d644c5-8c5f-4a3c-bf71-7b77d3c706a6" xlink:href="https://xbrl.fasb.org/us-gaap/2024/elts/us-gaap-2024.xsd#us-gaap_PartnersCapitalIncludingPortionAttributableToNoncontrollingInterest"/>
    <link:presentationArc order="15" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaap_IncreaseDecreaseInPartnersCapitalRollForward_6e8fc70c-46cb-4e54-bceb-ccb2ee7325e8" xlink:to="loc_us-gaap_PartnersCapitalIncludingPortionAttributableToNoncontrollingInterest_f4d644c5-8c5f-4a3c-bf71-7b77d3c706a6" 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-20240930.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_318ccdec-17e7-4ce2-bec6-8d9449c4902d" xlink:href="https://xbrl.fasb.org/us-gaap/2024/elts/us-gaap-2024.xsd#us-gaap_PartnersCapitalAbstract"/>
    <link:loc xlink:type="locator" xlink:label="loc_us-gaap_StatementTable_9ad64a79-241c-42cf-9fc2-27534934a35b" xlink:href="https://xbrl.fasb.org/us-gaap/2024/elts/us-gaap-2024.xsd#us-gaap_StatementTable"/>
    <link:presentationArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaap_PartnersCapitalAbstract_318ccdec-17e7-4ce2-bec6-8d9449c4902d" xlink:to="loc_us-gaap_StatementTable_9ad64a79-241c-42cf-9fc2-27534934a35b" xlink:type="arc" preferredLabel="http://www.xbrl.org/2003/role/terseLabel"/>
    <link:loc xlink:type="locator" xlink:label="loc_srt_ConsolidatedEntitiesAxis_9ff73bf6-3130-4d18-9b72-2d8bff1f8af6" xlink:href="https://xbrl.fasb.org/srt/2024/elts/srt-2024.xsd#srt_ConsolidatedEntitiesAxis"/>
    <link:presentationArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaap_StatementTable_9ad64a79-241c-42cf-9fc2-27534934a35b" xlink:to="loc_srt_ConsolidatedEntitiesAxis_9ff73bf6-3130-4d18-9b72-2d8bff1f8af6" xlink:type="arc" preferredLabel="http://www.xbrl.org/2003/role/terseLabel"/>
    <link:loc xlink:type="locator" xlink:label="loc_srt_ConsolidatedEntitiesDomain_72f3c4dd-6123-4658-95e5-586036a75a9b" xlink:href="https://xbrl.fasb.org/srt/2024/elts/srt-2024.xsd#srt_ConsolidatedEntitiesDomain"/>
    <link:presentationArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_srt_ConsolidatedEntitiesAxis_9ff73bf6-3130-4d18-9b72-2d8bff1f8af6" xlink:to="loc_srt_ConsolidatedEntitiesDomain_72f3c4dd-6123-4658-95e5-586036a75a9b" xlink:type="arc" preferredLabel="http://www.xbrl.org/2003/role/terseLabel"/>
    <link:loc xlink:type="locator" xlink:label="loc_srt_PartnershipInterestMember_5a529bc9-1ce2-4523-9f4a-c40d62199aa2" xlink:href="https://xbrl.fasb.org/srt/2024/elts/srt-2024.xsd#srt_PartnershipInterestMember"/>
    <link:presentationArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_srt_ConsolidatedEntitiesDomain_72f3c4dd-6123-4658-95e5-586036a75a9b" xlink:to="loc_srt_PartnershipInterestMember_5a529bc9-1ce2-4523-9f4a-c40d62199aa2" xlink:type="arc" preferredLabel="http://www.xbrl.org/2003/role/terseLabel"/>
    <link:loc xlink:type="locator" xlink:label="loc_us-gaap_StatementLineItems_a6bc4d67-a250-44bc-bca8-2f8d342aea81" xlink:href="https://xbrl.fasb.org/us-gaap/2024/elts/us-gaap-2024.xsd#us-gaap_StatementLineItems"/>
    <link:presentationArc order="2" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaap_StatementTable_9ad64a79-241c-42cf-9fc2-27534934a35b" xlink:to="loc_us-gaap_StatementLineItems_a6bc4d67-a250-44bc-bca8-2f8d342aea81" xlink:type="arc" preferredLabel="http://www.xbrl.org/2003/role/terseLabel"/>
    <link:loc xlink:type="locator" xlink:label="loc_us-gaap_NetIncomeLossAttributableToRedeemableNoncontrollingInterest_cd2dc531-ebe8-4aab-a28b-f1d35bcfc283" xlink:href="https://xbrl.fasb.org/us-gaap/2024/elts/us-gaap-2024.xsd#us-gaap_NetIncomeLossAttributableToRedeemableNoncontrollingInterest"/>
    <link:presentationArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaap_StatementLineItems_a6bc4d67-a250-44bc-bca8-2f8d342aea81" xlink:to="loc_us-gaap_NetIncomeLossAttributableToRedeemableNoncontrollingInterest_cd2dc531-ebe8-4aab-a28b-f1d35bcfc283" xlink:type="arc" preferredLabel="http://www.xbrl.org/2003/role/terseLabel"/>
    <link:loc xlink:type="locator" xlink:label="loc_frt_OtherComprehensiveIncomeLossAttributableToRedeemableNoncontrollingInterest_158050c1-0dd4-4d58-8c14-9d07ce942a67" xlink:href="frt-20240930.xsd#frt_OtherComprehensiveIncomeLossAttributableToRedeemableNoncontrollingInterest"/>
    <link:presentationArc order="2" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaap_StatementLineItems_a6bc4d67-a250-44bc-bca8-2f8d342aea81" xlink:to="loc_frt_OtherComprehensiveIncomeLossAttributableToRedeemableNoncontrollingInterest_158050c1-0dd4-4d58-8c14-9d07ce942a67" xlink:type="arc" preferredLabel="http://www.xbrl.org/2003/role/terseLabel"/>
    <link:loc xlink:type="locator" xlink:label="loc_frt_RedeemableNoncontrollingInterestDecreaseFromDistributionsToRedeemableNoncontrollingInterestHolders_155ad575-5aca-4663-8423-8b4fc34592bc" xlink:href="frt-20240930.xsd#frt_RedeemableNoncontrollingInterestDecreaseFromDistributionsToRedeemableNoncontrollingInterestHolders"/>
    <link:presentationArc order="3" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaap_StatementLineItems_a6bc4d67-a250-44bc-bca8-2f8d342aea81" xlink:to="loc_frt_RedeemableNoncontrollingInterestDecreaseFromDistributionsToRedeemableNoncontrollingInterestHolders_155ad575-5aca-4663-8423-8b4fc34592bc" 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-20240930.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_08fc0d8d-174e-4b80-bd09-6545cd2e87c9" xlink:href="frt-20240930.xsd#frt_NatureOfOperationsAbstract"/>
    <link:loc xlink:type="locator" xlink:label="loc_us-gaap_NatureOfOperations_9150ce9a-a386-472b-a2cc-3f331c9ea0d3" xlink:href="https://xbrl.fasb.org/us-gaap/2024/elts/us-gaap-2024.xsd#us-gaap_NatureOfOperations"/>
    <link:presentationArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_frt_NatureOfOperationsAbstract_08fc0d8d-174e-4b80-bd09-6545cd2e87c9" xlink:to="loc_us-gaap_NatureOfOperations_9150ce9a-a386-472b-a2cc-3f331c9ea0d3" 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-20240930.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_331c7e5f-2485-4e2c-bcf1-5f7995a20f36" xlink:href="https://xbrl.fasb.org/us-gaap/2024/elts/us-gaap-2024.xsd#us-gaap_AccountingPoliciesAbstract"/>
    <link:loc xlink:type="locator" xlink:label="loc_us-gaap_SignificantAccountingPoliciesTextBlock_20837294-a7b8-42cd-a935-7dda6c38cf31" xlink:href="https://xbrl.fasb.org/us-gaap/2024/elts/us-gaap-2024.xsd#us-gaap_SignificantAccountingPoliciesTextBlock"/>
    <link:presentationArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaap_AccountingPoliciesAbstract_331c7e5f-2485-4e2c-bcf1-5f7995a20f36" xlink:to="loc_us-gaap_SignificantAccountingPoliciesTextBlock_20837294-a7b8-42cd-a935-7dda6c38cf31" 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-20240930.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_3af4b2bb-59c2-42eb-abfa-8a4e009ff493" xlink:href="https://xbrl.fasb.org/us-gaap/2024/elts/us-gaap-2024.xsd#us-gaap_RealEstateAbstract"/>
    <link:loc xlink:type="locator" xlink:label="loc_us-gaap_RealEstateDisclosureTextBlock_fbd1404a-999b-48b0-9c7e-00832252e970" xlink:href="https://xbrl.fasb.org/us-gaap/2024/elts/us-gaap-2024.xsd#us-gaap_RealEstateDisclosureTextBlock"/>
    <link:presentationArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaap_RealEstateAbstract_3af4b2bb-59c2-42eb-abfa-8a4e009ff493" xlink:to="loc_us-gaap_RealEstateDisclosureTextBlock_fbd1404a-999b-48b0-9c7e-00832252e970" 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-20240930.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_bdfce3ac-4f10-4738-9f1c-d8a96ee125b1" xlink:href="https://xbrl.fasb.org/us-gaap/2024/elts/us-gaap-2024.xsd#us-gaap_DebtInstrumentsAbstract"/>
    <link:loc xlink:type="locator" xlink:label="loc_us-gaap_DebtDisclosureTextBlock_1ef6c14b-ef73-42c3-8b71-5bcdecb567e7" xlink:href="https://xbrl.fasb.org/us-gaap/2024/elts/us-gaap-2024.xsd#us-gaap_DebtDisclosureTextBlock"/>
    <link:presentationArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaap_DebtInstrumentsAbstract_bdfce3ac-4f10-4738-9f1c-d8a96ee125b1" xlink:to="loc_us-gaap_DebtDisclosureTextBlock_1ef6c14b-ef73-42c3-8b71-5bcdecb567e7" 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-20240930.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_49522958-15c0-468a-b9c6-26dda9b95a06" xlink:href="https://xbrl.fasb.org/us-gaap/2024/elts/us-gaap-2024.xsd#us-gaap_FairValueDisclosuresAbstract"/>
    <link:loc xlink:type="locator" xlink:label="loc_us-gaap_FairValueDisclosuresTextBlock_22a9b88e-bc90-4b9b-877f-de9c68c7ed9c" xlink:href="https://xbrl.fasb.org/us-gaap/2024/elts/us-gaap-2024.xsd#us-gaap_FairValueDisclosuresTextBlock"/>
    <link:presentationArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaap_FairValueDisclosuresAbstract_49522958-15c0-468a-b9c6-26dda9b95a06" xlink:to="loc_us-gaap_FairValueDisclosuresTextBlock_22a9b88e-bc90-4b9b-877f-de9c68c7ed9c" 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-20240930.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_71e6c145-be25-47ae-b6b7-fb9526e07288" xlink:href="https://xbrl.fasb.org/us-gaap/2024/elts/us-gaap-2024.xsd#us-gaap_CommitmentsAndContingenciesDisclosureAbstract"/>
    <link:loc xlink:type="locator" xlink:label="loc_us-gaap_CommitmentsAndContingenciesDisclosureTextBlock_e37401af-a784-49ce-b4b1-fbee0b15c055" xlink:href="https://xbrl.fasb.org/us-gaap/2024/elts/us-gaap-2024.xsd#us-gaap_CommitmentsAndContingenciesDisclosureTextBlock"/>
    <link:presentationArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaap_CommitmentsAndContingenciesDisclosureAbstract_71e6c145-be25-47ae-b6b7-fb9526e07288" xlink:to="loc_us-gaap_CommitmentsAndContingenciesDisclosureTextBlock_e37401af-a784-49ce-b4b1-fbee0b15c055" 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-20240930.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_e26d77e5-9f36-4f1e-8075-48e30a541662" xlink:href="https://xbrl.fasb.org/us-gaap/2024/elts/us-gaap-2024.xsd#us-gaap_StockholdersEquityNoteAbstract"/>
    <link:loc xlink:type="locator" xlink:label="loc_us-gaap_StockholdersEquityNoteDisclosureTextBlock_bfa87e70-b67b-411b-9d0d-49421e189cd6" xlink:href="https://xbrl.fasb.org/us-gaap/2024/elts/us-gaap-2024.xsd#us-gaap_StockholdersEquityNoteDisclosureTextBlock"/>
    <link:presentationArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaap_StockholdersEquityNoteAbstract_e26d77e5-9f36-4f1e-8075-48e30a541662" xlink:to="loc_us-gaap_StockholdersEquityNoteDisclosureTextBlock_bfa87e70-b67b-411b-9d0d-49421e189cd6" 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-20240930.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_311c04ef-efd6-46a9-bc6e-4054f3633c21" xlink:href="https://xbrl.fasb.org/us-gaap/2024/elts/us-gaap-2024.xsd#us-gaap_DisclosureOfCompensationRelatedCostsSharebasedPaymentsAbstract"/>
    <link:loc xlink:type="locator" xlink:label="loc_us-gaap_DisclosureOfCompensationRelatedCostsShareBasedPaymentsTextBlock_c88b26bb-d7b3-4bad-9599-a4ea65a4e728" xlink:href="https://xbrl.fasb.org/us-gaap/2024/elts/us-gaap-2024.xsd#us-gaap_DisclosureOfCompensationRelatedCostsShareBasedPaymentsTextBlock"/>
    <link:presentationArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaap_DisclosureOfCompensationRelatedCostsSharebasedPaymentsAbstract_311c04ef-efd6-46a9-bc6e-4054f3633c21" xlink:to="loc_us-gaap_DisclosureOfCompensationRelatedCostsShareBasedPaymentsTextBlock_c88b26bb-d7b3-4bad-9599-a4ea65a4e728" 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-20240930.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_311fc0e7-5567-41a1-94e7-26ebb4cd310d" xlink:href="https://xbrl.fasb.org/us-gaap/2024/elts/us-gaap-2024.xsd#us-gaap_EarningsPerShareAbstract"/>
    <link:loc xlink:type="locator" xlink:label="loc_us-gaap_EarningsPerShareTextBlock_15a58b9c-2a34-4035-ae78-ae47fc6f5aa1" xlink:href="https://xbrl.fasb.org/us-gaap/2024/elts/us-gaap-2024.xsd#us-gaap_EarningsPerShareTextBlock"/>
    <link:presentationArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaap_EarningsPerShareAbstract_311fc0e7-5567-41a1-94e7-26ebb4cd310d" xlink:to="loc_us-gaap_EarningsPerShareTextBlock_15a58b9c-2a34-4035-ae78-ae47fc6f5aa1" 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-20240930.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_860fb533-dec8-4af3-aa06-765fc1697171" xlink:href="https://xbrl.fasb.org/us-gaap/2024/elts/us-gaap-2024.xsd#us-gaap_AccountingPoliciesAbstract"/>
    <link:loc xlink:type="locator" xlink:label="loc_us-gaap_BasisOfAccountingPolicyPolicyTextBlock_77e45c56-f379-4adf-bf76-0578188b1710" xlink:href="https://xbrl.fasb.org/us-gaap/2024/elts/us-gaap-2024.xsd#us-gaap_BasisOfAccountingPolicyPolicyTextBlock"/>
    <link:presentationArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaap_AccountingPoliciesAbstract_860fb533-dec8-4af3-aa06-765fc1697171" xlink:to="loc_us-gaap_BasisOfAccountingPolicyPolicyTextBlock_77e45c56-f379-4adf-bf76-0578188b1710" xlink:type="arc" preferredLabel="http://www.xbrl.org/2003/role/terseLabel"/>
    <link:loc xlink:type="locator" xlink:label="loc_us-gaap_ConsolidationPolicyTextBlock_9063dc19-66f9-49cd-9916-7deac6192f70" xlink:href="https://xbrl.fasb.org/us-gaap/2024/elts/us-gaap-2024.xsd#us-gaap_ConsolidationPolicyTextBlock"/>
    <link:presentationArc order="2" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaap_AccountingPoliciesAbstract_860fb533-dec8-4af3-aa06-765fc1697171" xlink:to="loc_us-gaap_ConsolidationPolicyTextBlock_9063dc19-66f9-49cd-9916-7deac6192f70" xlink:type="arc" preferredLabel="http://www.xbrl.org/2003/role/terseLabel"/>
    <link:loc xlink:type="locator" xlink:label="loc_us-gaap_UseOfEstimates_b3d53142-f592-40a7-be71-5bb0be49ac5f" xlink:href="https://xbrl.fasb.org/us-gaap/2024/elts/us-gaap-2024.xsd#us-gaap_UseOfEstimates"/>
    <link:presentationArc order="3" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaap_AccountingPoliciesAbstract_860fb533-dec8-4af3-aa06-765fc1697171" xlink:to="loc_us-gaap_UseOfEstimates_b3d53142-f592-40a7-be71-5bb0be49ac5f" xlink:type="arc" preferredLabel="http://www.xbrl.org/2003/role/terseLabel"/>
    <link:loc xlink:type="locator" xlink:label="loc_frt_ExchangeableSeniorNotesPolicyTextBlock_ab378d33-ca7d-4d3c-a1dc-2d11bcc26d9c" xlink:href="frt-20240930.xsd#frt_ExchangeableSeniorNotesPolicyTextBlock"/>
    <link:presentationArc order="4" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaap_AccountingPoliciesAbstract_860fb533-dec8-4af3-aa06-765fc1697171" xlink:to="loc_frt_ExchangeableSeniorNotesPolicyTextBlock_ab378d33-ca7d-4d3c-a1dc-2d11bcc26d9c" xlink:type="arc" preferredLabel="http://www.xbrl.org/2003/role/terseLabel"/>
    <link:loc xlink:type="locator" xlink:label="loc_us-gaap_NewAccountingPronouncementsAndChangesInAccountingPrinciplesTextBlock_2afad02f-93f8-41ed-9c47-fc07570c5103" xlink:href="https://xbrl.fasb.org/us-gaap/2024/elts/us-gaap-2024.xsd#us-gaap_NewAccountingPronouncementsAndChangesInAccountingPrinciplesTextBlock"/>
    <link:presentationArc order="5" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaap_AccountingPoliciesAbstract_860fb533-dec8-4af3-aa06-765fc1697171" xlink:to="loc_us-gaap_NewAccountingPronouncementsAndChangesInAccountingPrinciplesTextBlock_2afad02f-93f8-41ed-9c47-fc07570c5103" 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-20240930.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_3125a389-019e-4000-96d6-cc4e52859730" xlink:href="https://xbrl.fasb.org/us-gaap/2024/elts/us-gaap-2024.xsd#us-gaap_AccountingPoliciesAbstract"/>
    <link:loc xlink:type="locator" xlink:label="loc_us-gaap_ScheduleOfCashFlowSupplementalDisclosuresTableTextBlock_1ce6a8d1-686b-40e9-8987-cb3d1f9dee06" xlink:href="https://xbrl.fasb.org/us-gaap/2024/elts/us-gaap-2024.xsd#us-gaap_ScheduleOfCashFlowSupplementalDisclosuresTableTextBlock"/>
    <link:presentationArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaap_AccountingPoliciesAbstract_3125a389-019e-4000-96d6-cc4e52859730" xlink:to="loc_us-gaap_ScheduleOfCashFlowSupplementalDisclosuresTableTextBlock_1ce6a8d1-686b-40e9-8987-cb3d1f9dee06" xlink:type="arc" preferredLabel="http://www.xbrl.org/2003/role/terseLabel"/>
    <link:loc xlink:type="locator" xlink:label="loc_us-gaap_ScheduleOfCashAndCashEquivalentsTableTextBlock_49e48a5a-ff4b-4beb-a042-d01640c8a087" xlink:href="https://xbrl.fasb.org/us-gaap/2024/elts/us-gaap-2024.xsd#us-gaap_ScheduleOfCashAndCashEquivalentsTableTextBlock"/>
    <link:presentationArc order="2" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaap_AccountingPoliciesAbstract_3125a389-019e-4000-96d6-cc4e52859730" xlink:to="loc_us-gaap_ScheduleOfCashAndCashEquivalentsTableTextBlock_49e48a5a-ff4b-4beb-a042-d01640c8a087" 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-20240930.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_fcb7cb55-cc1d-4b97-952a-3c71d0f9b6d7" xlink:href="https://xbrl.fasb.org/us-gaap/2024/elts/us-gaap-2024.xsd#us-gaap_RealEstateAbstract"/>
  </link:presentationLink>
  <link:roleRef roleURI="http://www.federalrealty.com/role/FairValueOfFinancialInstrumentsTables" xlink:type="simple" xlink:href="frt-20240930.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_7974cda1-b956-4a6e-92a7-822947e0f70a" xlink:href="https://xbrl.fasb.org/us-gaap/2024/elts/us-gaap-2024.xsd#us-gaap_FairValueDisclosuresAbstract"/>
    <link:loc xlink:type="locator" xlink:label="loc_us-gaap_ScheduleOfCarryingValuesAndEstimatedFairValuesOfDebtInstrumentsTableTextBlock_a9e94fb1-8d07-445a-bd73-3ae06de36f4e" xlink:href="https://xbrl.fasb.org/us-gaap/2024/elts/us-gaap-2024.xsd#us-gaap_ScheduleOfCarryingValuesAndEstimatedFairValuesOfDebtInstrumentsTableTextBlock"/>
    <link:presentationArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaap_FairValueDisclosuresAbstract_7974cda1-b956-4a6e-92a7-822947e0f70a" xlink:to="loc_us-gaap_ScheduleOfCarryingValuesAndEstimatedFairValuesOfDebtInstrumentsTableTextBlock_a9e94fb1-8d07-445a-bd73-3ae06de36f4e" xlink:type="arc" preferredLabel="http://www.xbrl.org/2003/role/terseLabel"/>
    <link:loc xlink:type="locator" xlink:label="loc_us-gaap_FairValueLiabilitiesMeasuredOnRecurringBasisTextBlock_13d23895-157f-40ee-bdd2-03d92e239305" xlink:href="https://xbrl.fasb.org/us-gaap/2024/elts/us-gaap-2024.xsd#us-gaap_FairValueLiabilitiesMeasuredOnRecurringBasisTextBlock"/>
    <link:presentationArc order="2" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaap_FairValueDisclosuresAbstract_7974cda1-b956-4a6e-92a7-822947e0f70a" xlink:to="loc_us-gaap_FairValueLiabilitiesMeasuredOnRecurringBasisTextBlock_13d23895-157f-40ee-bdd2-03d92e239305" 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-20240930.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_cbb6f863-17c8-4005-98a3-bfa625fc09bd" xlink:href="https://xbrl.fasb.org/us-gaap/2024/elts/us-gaap-2024.xsd#us-gaap_StockholdersEquityNoteAbstract"/>
    <link:loc xlink:type="locator" xlink:label="loc_us-gaap_DividendsDeclaredTableTextBlock_c2c9bcbb-c059-4469-8a99-bc9f35f47118" xlink:href="https://xbrl.fasb.org/us-gaap/2024/elts/us-gaap-2024.xsd#us-gaap_DividendsDeclaredTableTextBlock"/>
    <link:presentationArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaap_StockholdersEquityNoteAbstract_cbb6f863-17c8-4005-98a3-bfa625fc09bd" xlink:to="loc_us-gaap_DividendsDeclaredTableTextBlock_c2c9bcbb-c059-4469-8a99-bc9f35f47118" 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-20240930.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_4850f1c0-08a9-4de2-8e11-a075bf81cc34" xlink:href="https://xbrl.fasb.org/us-gaap/2024/elts/us-gaap-2024.xsd#us-gaap_DisclosureOfCompensationRelatedCostsSharebasedPaymentsAbstract"/>
    <link:loc xlink:type="locator" xlink:label="loc_us-gaap_ScheduleOfEmployeeServiceShareBasedCompensationAllocationOfRecognizedPeriodCostsTextBlock_5cbaf3dd-1d74-4baf-a167-75c693ecfba6" xlink:href="https://xbrl.fasb.org/us-gaap/2024/elts/us-gaap-2024.xsd#us-gaap_ScheduleOfEmployeeServiceShareBasedCompensationAllocationOfRecognizedPeriodCostsTextBlock"/>
    <link:presentationArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaap_DisclosureOfCompensationRelatedCostsSharebasedPaymentsAbstract_4850f1c0-08a9-4de2-8e11-a075bf81cc34" xlink:to="loc_us-gaap_ScheduleOfEmployeeServiceShareBasedCompensationAllocationOfRecognizedPeriodCostsTextBlock_5cbaf3dd-1d74-4baf-a167-75c693ecfba6" 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-20240930.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_f79ed7b5-1860-43b3-a292-657443680c20" xlink:href="https://xbrl.fasb.org/us-gaap/2024/elts/us-gaap-2024.xsd#us-gaap_EarningsPerShareAbstract"/>
    <link:loc xlink:type="locator" xlink:label="loc_us-gaap_ScheduleOfEarningsPerShareBasicAndDilutedTableTextBlock_1ca6ebd1-0af2-4bc0-8c04-2fb61a99eb40" xlink:href="https://xbrl.fasb.org/us-gaap/2024/elts/us-gaap-2024.xsd#us-gaap_ScheduleOfEarningsPerShareBasicAndDilutedTableTextBlock"/>
    <link:presentationArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaap_EarningsPerShareAbstract_f79ed7b5-1860-43b3-a292-657443680c20" xlink:to="loc_us-gaap_ScheduleOfEarningsPerShareBasicAndDilutedTableTextBlock_1ca6ebd1-0af2-4bc0-8c04-2fb61a99eb40" 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-20240930.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_a8727390-8617-41be-bcde-c1fd456bb3a0" xlink:href="frt-20240930.xsd#frt_NatureOfOperationsAbstract"/>
    <link:loc xlink:type="locator" xlink:label="loc_us-gaap_ScheduleOfSubsidiaryOfLimitedLiabilityCompanyOrLimitedPartnershipTable_667a8131-556b-4ea5-bef9-e885a9a6c6f6" xlink:href="https://xbrl.fasb.org/us-gaap/2024/elts/us-gaap-2024.xsd#us-gaap_ScheduleOfSubsidiaryOfLimitedLiabilityCompanyOrLimitedPartnershipTable"/>
    <link:presentationArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_frt_NatureOfOperationsAbstract_a8727390-8617-41be-bcde-c1fd456bb3a0" xlink:to="loc_us-gaap_ScheduleOfSubsidiaryOfLimitedLiabilityCompanyOrLimitedPartnershipTable_667a8131-556b-4ea5-bef9-e885a9a6c6f6" xlink:type="arc" preferredLabel="http://www.xbrl.org/2003/role/terseLabel"/>
    <link:loc xlink:type="locator" xlink:label="loc_srt_OwnershipAxis_71a12bbf-fede-44ec-8871-635602c6c699" xlink:href="https://xbrl.fasb.org/srt/2024/elts/srt-2024.xsd#srt_OwnershipAxis"/>
    <link:presentationArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaap_ScheduleOfSubsidiaryOfLimitedLiabilityCompanyOrLimitedPartnershipTable_667a8131-556b-4ea5-bef9-e885a9a6c6f6" xlink:to="loc_srt_OwnershipAxis_71a12bbf-fede-44ec-8871-635602c6c699" xlink:type="arc" preferredLabel="http://www.xbrl.org/2003/role/terseLabel"/>
    <link:loc xlink:type="locator" xlink:label="loc_srt_OwnershipDomain_adc12f11-cf20-415d-a91a-5c22ec90ac97" xlink:href="https://xbrl.fasb.org/srt/2024/elts/srt-2024.xsd#srt_OwnershipDomain"/>
    <link:presentationArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_srt_OwnershipAxis_71a12bbf-fede-44ec-8871-635602c6c699" xlink:to="loc_srt_OwnershipDomain_adc12f11-cf20-415d-a91a-5c22ec90ac97" xlink:type="arc" preferredLabel="http://www.xbrl.org/2003/role/terseLabel"/>
    <link:loc xlink:type="locator" xlink:label="loc_frt_FederalRealtyGPLLCMember_a2ab3d00-4ba1-44f8-b982-32dd19c572c0" xlink:href="frt-20240930.xsd#frt_FederalRealtyGPLLCMember"/>
    <link:presentationArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_srt_OwnershipDomain_adc12f11-cf20-415d-a91a-5c22ec90ac97" xlink:to="loc_frt_FederalRealtyGPLLCMember_a2ab3d00-4ba1-44f8-b982-32dd19c572c0" xlink:type="arc" preferredLabel="http://www.xbrl.org/2003/role/terseLabel"/>
    <link:loc xlink:type="locator" xlink:label="loc_us-gaap_SubsidiaryOfLimitedLiabilityCompanyOrLimitedPartnershipLineItems_294d286b-f4a1-4816-9bb6-491178990450" xlink:href="https://xbrl.fasb.org/us-gaap/2024/elts/us-gaap-2024.xsd#us-gaap_SubsidiaryOfLimitedLiabilityCompanyOrLimitedPartnershipLineItems"/>
    <link:presentationArc order="2" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaap_ScheduleOfSubsidiaryOfLimitedLiabilityCompanyOrLimitedPartnershipTable_667a8131-556b-4ea5-bef9-e885a9a6c6f6" xlink:to="loc_us-gaap_SubsidiaryOfLimitedLiabilityCompanyOrLimitedPartnershipLineItems_294d286b-f4a1-4816-9bb6-491178990450" xlink:type="arc" preferredLabel="http://www.xbrl.org/2003/role/verboseLabel"/>
    <link:loc xlink:type="locator" xlink:label="loc_us-gaap_LimitedLiabilityCompanyLLCOrLimitedPartnershipLPManagingMemberOrGeneralPartnerOwnershipInterest_02de5f02-cf4c-4292-a1fc-78eb1cb53110" xlink:href="https://xbrl.fasb.org/us-gaap/2024/elts/us-gaap-2024.xsd#us-gaap_LimitedLiabilityCompanyLLCOrLimitedPartnershipLPManagingMemberOrGeneralPartnerOwnershipInterest"/>
    <link:presentationArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaap_SubsidiaryOfLimitedLiabilityCompanyOrLimitedPartnershipLineItems_294d286b-f4a1-4816-9bb6-491178990450" xlink:to="loc_us-gaap_LimitedLiabilityCompanyLLCOrLimitedPartnershipLPManagingMemberOrGeneralPartnerOwnershipInterest_02de5f02-cf4c-4292-a1fc-78eb1cb53110" xlink:type="arc" preferredLabel="http://www.xbrl.org/2003/role/terseLabel"/>
    <link:loc xlink:type="locator" xlink:label="loc_us-gaap_NumberOfRealEstateProperties_e9985ace-c70c-4ee9-adc4-1c26f598ea7c" xlink:href="https://xbrl.fasb.org/us-gaap/2024/elts/us-gaap-2024.xsd#us-gaap_NumberOfRealEstateProperties"/>
    <link:presentationArc order="2" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaap_SubsidiaryOfLimitedLiabilityCompanyOrLimitedPartnershipLineItems_294d286b-f4a1-4816-9bb6-491178990450" xlink:to="loc_us-gaap_NumberOfRealEstateProperties_e9985ace-c70c-4ee9-adc4-1c26f598ea7c" xlink:type="arc" preferredLabel="http://www.xbrl.org/2003/role/terseLabel"/>
    <link:loc xlink:type="locator" xlink:label="loc_frt_MinimumPercentageOfTaxableIncomeDistributedToShareholders_fe068488-681e-4c9a-97e6-9072ff773708" xlink:href="frt-20240930.xsd#frt_MinimumPercentageOfTaxableIncomeDistributedToShareholders"/>
    <link:presentationArc order="3" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaap_SubsidiaryOfLimitedLiabilityCompanyOrLimitedPartnershipLineItems_294d286b-f4a1-4816-9bb6-491178990450" xlink:to="loc_frt_MinimumPercentageOfTaxableIncomeDistributedToShareholders_fe068488-681e-4c9a-97e6-9072ff773708" xlink:type="arc" preferredLabel="http://www.xbrl.org/2003/role/terseLabel"/>
  </link:presentationLink>
  <link:roleRef roleURI="http://www.federalrealty.com/role/SummaryOfSignificantAccountingPoliciesExchangeableSeniorNotesDetails" xlink:type="simple" xlink:href="frt-20240930.xsd#SummaryOfSignificantAccountingPoliciesExchangeableSeniorNotesDetails"/>
  <link:presentationLink xlink:role="http://www.federalrealty.com/role/SummaryOfSignificantAccountingPoliciesExchangeableSeniorNotesDetails" xlink:type="extended">
    <link:loc xlink:type="locator" xlink:label="loc_us-gaap_AccountingPoliciesAbstract_1f963519-a834-4cc3-a802-e22e9b9504d1" xlink:href="https://xbrl.fasb.org/us-gaap/2024/elts/us-gaap-2024.xsd#us-gaap_AccountingPoliciesAbstract"/>
    <link:loc xlink:type="locator" xlink:label="loc_frt_ExchangeableSeniorNotesTable_3d46fd2c-c731-4c91-9f42-c9eeb537d294" xlink:href="frt-20240930.xsd#frt_ExchangeableSeniorNotesTable"/>
    <link:presentationArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaap_AccountingPoliciesAbstract_1f963519-a834-4cc3-a802-e22e9b9504d1" xlink:to="loc_frt_ExchangeableSeniorNotesTable_3d46fd2c-c731-4c91-9f42-c9eeb537d294" xlink:type="arc" preferredLabel="http://www.xbrl.org/2003/role/terseLabel"/>
    <link:loc xlink:type="locator" xlink:label="loc_us-gaap_DebtInstrumentAxis_2a12f41c-257e-47c2-a5e1-30d6e4bccd50" xlink:href="https://xbrl.fasb.org/us-gaap/2024/elts/us-gaap-2024.xsd#us-gaap_DebtInstrumentAxis"/>
    <link:presentationArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_frt_ExchangeableSeniorNotesTable_3d46fd2c-c731-4c91-9f42-c9eeb537d294" xlink:to="loc_us-gaap_DebtInstrumentAxis_2a12f41c-257e-47c2-a5e1-30d6e4bccd50" xlink:type="arc" preferredLabel="http://www.xbrl.org/2003/role/terseLabel"/>
    <link:loc xlink:type="locator" xlink:label="loc_us-gaap_DebtInstrumentNameDomain_a1727acb-1875-4831-a433-2b79d4805689" xlink:href="https://xbrl.fasb.org/us-gaap/2024/elts/us-gaap-2024.xsd#us-gaap_DebtInstrumentNameDomain"/>
    <link:presentationArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaap_DebtInstrumentAxis_2a12f41c-257e-47c2-a5e1-30d6e4bccd50" xlink:to="loc_us-gaap_DebtInstrumentNameDomain_a1727acb-1875-4831-a433-2b79d4805689" xlink:type="arc" preferredLabel="http://www.xbrl.org/2003/role/terseLabel"/>
    <link:loc xlink:type="locator" xlink:label="loc_frt_Senior3Point25PercentNotesMember_411d3a4a-35ed-4ca8-be90-f89d9b4de019" xlink:href="frt-20240930.xsd#frt_Senior3Point25PercentNotesMember"/>
    <link:presentationArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaap_DebtInstrumentNameDomain_a1727acb-1875-4831-a433-2b79d4805689" xlink:to="loc_frt_Senior3Point25PercentNotesMember_411d3a4a-35ed-4ca8-be90-f89d9b4de019" xlink:type="arc" preferredLabel="http://www.xbrl.org/2003/role/terseLabel"/>
    <link:loc xlink:type="locator" xlink:label="loc_us-gaap_LongtermDebtTypeAxis_bb5fa9e6-bcfa-4827-8263-b0c689ec2752" xlink:href="https://xbrl.fasb.org/us-gaap/2024/elts/us-gaap-2024.xsd#us-gaap_LongtermDebtTypeAxis"/>
    <link:presentationArc order="2" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_frt_ExchangeableSeniorNotesTable_3d46fd2c-c731-4c91-9f42-c9eeb537d294" xlink:to="loc_us-gaap_LongtermDebtTypeAxis_bb5fa9e6-bcfa-4827-8263-b0c689ec2752" xlink:type="arc" preferredLabel="http://www.xbrl.org/2003/role/terseLabel"/>
    <link:loc xlink:type="locator" xlink:label="loc_us-gaap_LongtermDebtTypeDomain_21871c15-9198-4613-b707-90dd2a646b13" xlink:href="https://xbrl.fasb.org/us-gaap/2024/elts/us-gaap-2024.xsd#us-gaap_LongtermDebtTypeDomain"/>
    <link:presentationArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaap_LongtermDebtTypeAxis_bb5fa9e6-bcfa-4827-8263-b0c689ec2752" xlink:to="loc_us-gaap_LongtermDebtTypeDomain_21871c15-9198-4613-b707-90dd2a646b13" xlink:type="arc" preferredLabel="http://www.xbrl.org/2003/role/terseLabel"/>
    <link:loc xlink:type="locator" xlink:label="loc_us-gaap_ConvertibleDebtMember_a31f6e3f-1e34-4f4d-b8aa-a84c57e753d8" xlink:href="https://xbrl.fasb.org/us-gaap/2024/elts/us-gaap-2024.xsd#us-gaap_ConvertibleDebtMember"/>
    <link:presentationArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaap_LongtermDebtTypeDomain_21871c15-9198-4613-b707-90dd2a646b13" xlink:to="loc_us-gaap_ConvertibleDebtMember_a31f6e3f-1e34-4f4d-b8aa-a84c57e753d8" xlink:type="arc" preferredLabel="http://www.xbrl.org/2003/role/terseLabel"/>
    <link:loc xlink:type="locator" xlink:label="loc_frt_ExchangeableSeniorNotesLineItems_ff7a1529-ed02-48e7-a53c-a930f1b137eb" xlink:href="frt-20240930.xsd#frt_ExchangeableSeniorNotesLineItems"/>
    <link:presentationArc order="3" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_frt_ExchangeableSeniorNotesTable_3d46fd2c-c731-4c91-9f42-c9eeb537d294" xlink:to="loc_frt_ExchangeableSeniorNotesLineItems_ff7a1529-ed02-48e7-a53c-a930f1b137eb" xlink:type="arc" preferredLabel="http://www.xbrl.org/2003/role/terseLabel"/>
    <link:loc xlink:type="locator" xlink:label="loc_us-gaap_ProceedsFromIssuanceOfDebt_240e7712-d051-4187-9293-2c1917cee040" xlink:href="https://xbrl.fasb.org/us-gaap/2024/elts/us-gaap-2024.xsd#us-gaap_ProceedsFromIssuanceOfDebt"/>
    <link:presentationArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_frt_ExchangeableSeniorNotesLineItems_ff7a1529-ed02-48e7-a53c-a930f1b137eb" xlink:to="loc_us-gaap_ProceedsFromIssuanceOfDebt_240e7712-d051-4187-9293-2c1917cee040" xlink:type="arc" preferredLabel="http://www.xbrl.org/2003/role/terseLabel"/>
    <link:loc xlink:type="locator" xlink:label="loc_us-gaap_DebtInstrumentInterestRateStatedPercentage_2835e62b-eef0-4aef-be0f-248315c90bc2" xlink:href="https://xbrl.fasb.org/us-gaap/2024/elts/us-gaap-2024.xsd#us-gaap_DebtInstrumentInterestRateStatedPercentage"/>
    <link:presentationArc order="2" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_frt_ExchangeableSeniorNotesLineItems_ff7a1529-ed02-48e7-a53c-a930f1b137eb" xlink:to="loc_us-gaap_DebtInstrumentInterestRateStatedPercentage_2835e62b-eef0-4aef-be0f-248315c90bc2" 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-20240930.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_5bfddb94-f452-4269-8034-37fe58b5aacf" xlink:href="https://xbrl.fasb.org/us-gaap/2024/elts/us-gaap-2024.xsd#us-gaap_AccountingPoliciesAbstract"/>
    <link:loc xlink:type="locator" xlink:label="loc_us-gaap_InterestCostsIncurred_a6929316-f140-477c-8891-e8faf24b817d" xlink:href="https://xbrl.fasb.org/us-gaap/2024/elts/us-gaap-2024.xsd#us-gaap_InterestCostsIncurred"/>
    <link:presentationArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaap_AccountingPoliciesAbstract_5bfddb94-f452-4269-8034-37fe58b5aacf" xlink:to="loc_us-gaap_InterestCostsIncurred_a6929316-f140-477c-8891-e8faf24b817d" xlink:type="arc" preferredLabel="http://www.xbrl.org/2003/role/terseLabel"/>
    <link:loc xlink:type="locator" xlink:label="loc_us-gaap_InterestCostsCapitalizedAdjustment_b08ffc8b-2f4f-4ed1-8e28-3016163632df" xlink:href="https://xbrl.fasb.org/us-gaap/2024/elts/us-gaap-2024.xsd#us-gaap_InterestCostsCapitalizedAdjustment"/>
    <link:presentationArc order="2" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaap_AccountingPoliciesAbstract_5bfddb94-f452-4269-8034-37fe58b5aacf" xlink:to="loc_us-gaap_InterestCostsCapitalizedAdjustment_b08ffc8b-2f4f-4ed1-8e28-3016163632df" xlink:type="arc" preferredLabel="http://www.xbrl.org/2009/role/negatedTerseLabel"/>
    <link:loc xlink:type="locator" xlink:label="loc_us-gaap_InterestExpense_4e2f5a9b-3ebd-4de3-b88b-94b7c32a08ee" xlink:href="https://xbrl.fasb.org/us-gaap/2024/elts/us-gaap-2024.xsd#us-gaap_InterestExpense"/>
    <link:presentationArc order="3" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaap_AccountingPoliciesAbstract_5bfddb94-f452-4269-8034-37fe58b5aacf" xlink:to="loc_us-gaap_InterestExpense_4e2f5a9b-3ebd-4de3-b88b-94b7c32a08ee" xlink:type="arc" preferredLabel="http://www.xbrl.org/2003/role/totalLabel"/>
    <link:loc xlink:type="locator" xlink:label="loc_us-gaap_InterestPaidNet_9a2bdb90-670b-444a-a13e-72c092ad7e51" xlink:href="https://xbrl.fasb.org/us-gaap/2024/elts/us-gaap-2024.xsd#us-gaap_InterestPaidNet"/>
    <link:presentationArc order="4" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaap_AccountingPoliciesAbstract_5bfddb94-f452-4269-8034-37fe58b5aacf" xlink:to="loc_us-gaap_InterestPaidNet_9a2bdb90-670b-444a-a13e-72c092ad7e51" xlink:type="arc" preferredLabel="http://www.xbrl.org/2003/role/verboseLabel"/>
    <link:loc xlink:type="locator" xlink:label="loc_us-gaap_IncomeTaxesPaidNet_d742861d-f71e-4175-a3d9-56b6f465ee84" xlink:href="https://xbrl.fasb.org/us-gaap/2024/elts/us-gaap-2024.xsd#us-gaap_IncomeTaxesPaidNet"/>
    <link:presentationArc order="5" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaap_AccountingPoliciesAbstract_5bfddb94-f452-4269-8034-37fe58b5aacf" xlink:to="loc_us-gaap_IncomeTaxesPaidNet_d742861d-f71e-4175-a3d9-56b6f465ee84" xlink:type="arc" preferredLabel="http://www.xbrl.org/2003/role/terseLabel"/>
    <link:loc xlink:type="locator" xlink:label="loc_frt_DividendsReinvestedInNoncashFinancingTransaction_d4bfcd61-fd06-42f2-8d6d-1cd54570de2c" xlink:href="frt-20240930.xsd#frt_DividendsReinvestedInNoncashFinancingTransaction"/>
    <link:presentationArc order="6" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaap_AccountingPoliciesAbstract_5bfddb94-f452-4269-8034-37fe58b5aacf" xlink:to="loc_frt_DividendsReinvestedInNoncashFinancingTransaction_d4bfcd61-fd06-42f2-8d6d-1cd54570de2c" xlink:type="arc" preferredLabel="http://www.xbrl.org/2003/role/terseLabel"/>
    <link:loc xlink:type="locator" xlink:label="loc_frt_RedemptionofdownREIToperatingpartnershipunitsforcommonshares_c7dce556-7321-44f0-8c6e-4c12213b96a5" xlink:href="frt-20240930.xsd#frt_RedemptionofdownREIToperatingpartnershipunitsforcommonshares"/>
    <link:presentationArc order="7" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaap_AccountingPoliciesAbstract_5bfddb94-f452-4269-8034-37fe58b5aacf" xlink:to="loc_frt_RedemptionofdownREIToperatingpartnershipunitsforcommonshares_c7dce556-7321-44f0-8c6e-4c12213b96a5" 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-20240930.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_50069c52-828b-4669-9361-5f35c0f6d771" xlink:href="https://xbrl.fasb.org/us-gaap/2024/elts/us-gaap-2024.xsd#us-gaap_CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsAbstract"/>
    <link:loc xlink:type="locator" xlink:label="loc_us-gaap_CashAndCashEquivalentsAtCarryingValue_bebb4415-5776-4c86-9cf3-d3066c413b65" xlink:href="https://xbrl.fasb.org/us-gaap/2024/elts/us-gaap-2024.xsd#us-gaap_CashAndCashEquivalentsAtCarryingValue"/>
    <link:presentationArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaap_CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsAbstract_50069c52-828b-4669-9361-5f35c0f6d771" xlink:to="loc_us-gaap_CashAndCashEquivalentsAtCarryingValue_bebb4415-5776-4c86-9cf3-d3066c413b65" xlink:type="arc" preferredLabel="http://www.xbrl.org/2003/role/terseLabel"/>
    <link:loc xlink:type="locator" xlink:label="loc_us-gaap_RestrictedCashAndCashEquivalents_657bc9f8-adf7-4801-866c-12ac2cb5f85f" xlink:href="https://xbrl.fasb.org/us-gaap/2024/elts/us-gaap-2024.xsd#us-gaap_RestrictedCashAndCashEquivalents"/>
    <link:presentationArc order="2" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaap_CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsAbstract_50069c52-828b-4669-9361-5f35c0f6d771" xlink:to="loc_us-gaap_RestrictedCashAndCashEquivalents_657bc9f8-adf7-4801-866c-12ac2cb5f85f" xlink:type="arc" preferredLabel="http://www.xbrl.org/2003/role/terseLabel"/>
    <link:loc xlink:type="locator" xlink:label="loc_us-gaap_CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents_d2336c57-f88c-4dcc-8c84-2ae934db2aa0" xlink:href="https://xbrl.fasb.org/us-gaap/2024/elts/us-gaap-2024.xsd#us-gaap_CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents"/>
    <link:presentationArc order="3" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaap_CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsAbstract_50069c52-828b-4669-9361-5f35c0f6d771" xlink:to="loc_us-gaap_CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents_d2336c57-f88c-4dcc-8c84-2ae934db2aa0" 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-20240930.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_ed30bc52-bd9d-476d-b051-747518c84e6c" xlink:href="https://xbrl.fasb.org/us-gaap/2024/elts/us-gaap-2024.xsd#us-gaap_RealEstateAbstract"/>
    <link:loc xlink:type="locator" xlink:label="loc_us-gaap_ScheduleOfBusinessAcquisitionsByAcquisitionTable_a5d49815-7b55-4eea-8315-37172830f49b" xlink:href="https://xbrl.fasb.org/us-gaap/2024/elts/us-gaap-2024.xsd#us-gaap_ScheduleOfBusinessAcquisitionsByAcquisitionTable"/>
    <link:presentationArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaap_RealEstateAbstract_ed30bc52-bd9d-476d-b051-747518c84e6c" xlink:to="loc_us-gaap_ScheduleOfBusinessAcquisitionsByAcquisitionTable_a5d49815-7b55-4eea-8315-37172830f49b" xlink:type="arc" preferredLabel="http://www.xbrl.org/2003/role/terseLabel"/>
    <link:loc xlink:type="locator" xlink:label="loc_srt_RealEstateAndAccumulatedDepreciationDescriptionOfPropertyAxis_8af39984-f0fd-49f8-8b6e-24c2cb1d9144" xlink:href="https://xbrl.fasb.org/srt/2024/elts/srt-2024.xsd#srt_RealEstateAndAccumulatedDepreciationDescriptionOfPropertyAxis"/>
    <link:presentationArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaap_ScheduleOfBusinessAcquisitionsByAcquisitionTable_a5d49815-7b55-4eea-8315-37172830f49b" xlink:to="loc_srt_RealEstateAndAccumulatedDepreciationDescriptionOfPropertyAxis_8af39984-f0fd-49f8-8b6e-24c2cb1d9144" xlink:type="arc" preferredLabel="http://www.xbrl.org/2003/role/terseLabel"/>
    <link:loc xlink:type="locator" xlink:label="loc_srt_RealEstateAndAccumulatedDepreciationNameOfPropertyDomain_773c8a2a-8b1c-4dc1-8523-c029ffb5e8ee" xlink:href="https://xbrl.fasb.org/srt/2024/elts/srt-2024.xsd#srt_RealEstateAndAccumulatedDepreciationNameOfPropertyDomain"/>
    <link:presentationArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_srt_RealEstateAndAccumulatedDepreciationDescriptionOfPropertyAxis_8af39984-f0fd-49f8-8b6e-24c2cb1d9144" xlink:to="loc_srt_RealEstateAndAccumulatedDepreciationNameOfPropertyDomain_773c8a2a-8b1c-4dc1-8523-c029ffb5e8ee" xlink:type="arc" preferredLabel="http://www.xbrl.org/2003/role/terseLabel"/>
    <link:loc xlink:type="locator" xlink:label="loc_frt_VirginiaGatewayMember_15dfbfe2-16f2-4754-b333-21bf30fb8e56" xlink:href="frt-20240930.xsd#frt_VirginiaGatewayMember"/>
    <link:presentationArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_srt_RealEstateAndAccumulatedDepreciationNameOfPropertyDomain_773c8a2a-8b1c-4dc1-8523-c029ffb5e8ee" xlink:to="loc_frt_VirginiaGatewayMember_15dfbfe2-16f2-4754-b333-21bf30fb8e56" xlink:type="arc" preferredLabel="http://www.xbrl.org/2003/role/terseLabel"/>
    <link:loc xlink:type="locator" xlink:label="loc_frt_PinoleVistaCrossingMember_34637d9a-09cf-4cdf-8c65-8c3210ee543f" xlink:href="frt-20240930.xsd#frt_PinoleVistaCrossingMember"/>
    <link:presentationArc order="2" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_srt_RealEstateAndAccumulatedDepreciationNameOfPropertyDomain_773c8a2a-8b1c-4dc1-8523-c029ffb5e8ee" xlink:to="loc_frt_PinoleVistaCrossingMember_34637d9a-09cf-4cdf-8c65-8c3210ee543f" xlink:type="arc" preferredLabel="http://www.xbrl.org/2003/role/terseLabel"/>
    <link:loc xlink:type="locator" xlink:label="loc_frt_ThirdStreetPromenadeMember_bb4902e3-6f7a-4de1-99e4-687712ddae80" xlink:href="frt-20240930.xsd#frt_ThirdStreetPromenadeMember"/>
    <link:presentationArc order="3" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_srt_RealEstateAndAccumulatedDepreciationNameOfPropertyDomain_773c8a2a-8b1c-4dc1-8523-c029ffb5e8ee" xlink:to="loc_frt_ThirdStreetPromenadeMember_bb4902e3-6f7a-4de1-99e4-687712ddae80" xlink:type="arc" preferredLabel="http://www.xbrl.org/2003/role/terseLabel"/>
    <link:loc xlink:type="locator" xlink:label="loc_us-gaap_StatementOfFinancialPositionLocationActivityCapitalizationAxis_da43d0b1-a146-4099-b80f-0f3facdbbefc" xlink:href="https://xbrl.fasb.org/us-gaap/2024/elts/us-gaap-2024.xsd#us-gaap_StatementOfFinancialPositionLocationActivityCapitalizationAxis"/>
    <link:presentationArc order="2" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaap_ScheduleOfBusinessAcquisitionsByAcquisitionTable_a5d49815-7b55-4eea-8315-37172830f49b" xlink:to="loc_us-gaap_StatementOfFinancialPositionLocationActivityCapitalizationAxis_da43d0b1-a146-4099-b80f-0f3facdbbefc" xlink:type="arc" preferredLabel="http://www.xbrl.org/2003/role/terseLabel"/>
    <link:loc xlink:type="locator" xlink:label="loc_us-gaap_StatementOfFinancialPositionLocationActivityCapitalizationDomain_e99f192c-e075-4e97-b849-3a48e48d8f74" xlink:href="https://xbrl.fasb.org/us-gaap/2024/elts/us-gaap-2024.xsd#us-gaap_StatementOfFinancialPositionLocationActivityCapitalizationDomain"/>
    <link:presentationArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaap_StatementOfFinancialPositionLocationActivityCapitalizationAxis_da43d0b1-a146-4099-b80f-0f3facdbbefc" xlink:to="loc_us-gaap_StatementOfFinancialPositionLocationActivityCapitalizationDomain_e99f192c-e075-4e97-b849-3a48e48d8f74" xlink:type="arc" preferredLabel="http://www.xbrl.org/2003/role/terseLabel"/>
    <link:loc xlink:type="locator" xlink:label="loc_us-gaap_OtherAssetsMember_41abb5ac-df1b-4867-82d2-59d0c6fe6d0c" xlink:href="https://xbrl.fasb.org/us-gaap/2024/elts/us-gaap-2024.xsd#us-gaap_OtherAssetsMember"/>
    <link:presentationArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaap_StatementOfFinancialPositionLocationActivityCapitalizationDomain_e99f192c-e075-4e97-b849-3a48e48d8f74" xlink:to="loc_us-gaap_OtherAssetsMember_41abb5ac-df1b-4867-82d2-59d0c6fe6d0c" xlink:type="arc" preferredLabel="http://www.xbrl.org/2003/role/terseLabel"/>
    <link:loc xlink:type="locator" xlink:label="loc_us-gaap_OtherLiabilitiesMember_079ca1db-a257-4909-9f9a-2185a1cd1acd" xlink:href="https://xbrl.fasb.org/us-gaap/2024/elts/us-gaap-2024.xsd#us-gaap_OtherLiabilitiesMember"/>
    <link:presentationArc order="2" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaap_StatementOfFinancialPositionLocationActivityCapitalizationDomain_e99f192c-e075-4e97-b849-3a48e48d8f74" xlink:to="loc_us-gaap_OtherLiabilitiesMember_079ca1db-a257-4909-9f9a-2185a1cd1acd" xlink:type="arc" preferredLabel="http://www.xbrl.org/2003/role/terseLabel"/>
    <link:loc xlink:type="locator" xlink:label="loc_us-gaap_FiniteLivedIntangibleAssetsByMajorClassAxis_5e8a12c4-7e5d-443d-97f1-78cd4e2d737b" xlink:href="https://xbrl.fasb.org/us-gaap/2024/elts/us-gaap-2024.xsd#us-gaap_FiniteLivedIntangibleAssetsByMajorClassAxis"/>
    <link:presentationArc order="3" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaap_ScheduleOfBusinessAcquisitionsByAcquisitionTable_a5d49815-7b55-4eea-8315-37172830f49b" xlink:to="loc_us-gaap_FiniteLivedIntangibleAssetsByMajorClassAxis_5e8a12c4-7e5d-443d-97f1-78cd4e2d737b" xlink:type="arc" preferredLabel="http://www.xbrl.org/2003/role/terseLabel"/>
    <link:loc xlink:type="locator" xlink:label="loc_us-gaap_FiniteLivedIntangibleAssetsMajorClassNameDomain_1370c7d1-b871-4ffc-b1b2-345942d37ebc" xlink:href="https://xbrl.fasb.org/us-gaap/2024/elts/us-gaap-2024.xsd#us-gaap_FiniteLivedIntangibleAssetsMajorClassNameDomain"/>
    <link:presentationArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaap_FiniteLivedIntangibleAssetsByMajorClassAxis_5e8a12c4-7e5d-443d-97f1-78cd4e2d737b" xlink:to="loc_us-gaap_FiniteLivedIntangibleAssetsMajorClassNameDomain_1370c7d1-b871-4ffc-b1b2-345942d37ebc" xlink:type="arc" preferredLabel="http://www.xbrl.org/2003/role/terseLabel"/>
    <link:loc xlink:type="locator" xlink:label="loc_us-gaap_LeasesAcquiredInPlaceMember_c0211ebc-1b23-4de1-b53f-dcd568fb6d3f" xlink:href="https://xbrl.fasb.org/us-gaap/2024/elts/us-gaap-2024.xsd#us-gaap_LeasesAcquiredInPlaceMember"/>
    <link:presentationArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaap_FiniteLivedIntangibleAssetsMajorClassNameDomain_1370c7d1-b871-4ffc-b1b2-345942d37ebc" xlink:to="loc_us-gaap_LeasesAcquiredInPlaceMember_c0211ebc-1b23-4de1-b53f-dcd568fb6d3f" xlink:type="arc" preferredLabel="http://www.xbrl.org/2003/role/terseLabel"/>
    <link:loc xlink:type="locator" xlink:label="loc_us-gaap_AboveMarketLeasesMember_05689284-500f-4a92-89d8-4bf3ee2cae8c" xlink:href="https://xbrl.fasb.org/us-gaap/2024/elts/us-gaap-2024.xsd#us-gaap_AboveMarketLeasesMember"/>
    <link:presentationArc order="2" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaap_FiniteLivedIntangibleAssetsMajorClassNameDomain_1370c7d1-b871-4ffc-b1b2-345942d37ebc" xlink:to="loc_us-gaap_AboveMarketLeasesMember_05689284-500f-4a92-89d8-4bf3ee2cae8c" xlink:type="arc" preferredLabel="http://www.xbrl.org/2003/role/terseLabel"/>
    <link:loc xlink:type="locator" xlink:label="loc_us-gaap_BusinessAcquisitionLineItems_b46c1ec1-bf25-4ad9-860d-49b7b04c9f89" xlink:href="https://xbrl.fasb.org/us-gaap/2024/elts/us-gaap-2024.xsd#us-gaap_BusinessAcquisitionLineItems"/>
    <link:presentationArc order="4" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaap_ScheduleOfBusinessAcquisitionsByAcquisitionTable_a5d49815-7b55-4eea-8315-37172830f49b" xlink:to="loc_us-gaap_BusinessAcquisitionLineItems_b46c1ec1-bf25-4ad9-860d-49b7b04c9f89" xlink:type="arc" preferredLabel="http://www.xbrl.org/2003/role/terseLabel"/>
    <link:loc xlink:type="locator" xlink:label="loc_frt_NumberOfAdjacentShoppingCenters_b26199c5-acd6-47f7-bcc5-a4342c7cfbe5" xlink:href="frt-20240930.xsd#frt_NumberOfAdjacentShoppingCenters"/>
    <link:presentationArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaap_BusinessAcquisitionLineItems_b46c1ec1-bf25-4ad9-860d-49b7b04c9f89" xlink:to="loc_frt_NumberOfAdjacentShoppingCenters_b26199c5-acd6-47f7-bcc5-a4342c7cfbe5" xlink:type="arc" preferredLabel="http://www.xbrl.org/2003/role/terseLabel"/>
    <link:loc xlink:type="locator" xlink:label="loc_us-gaap_AreaOfRealEstateProperty_b4ee6349-cddc-4b9f-9420-ee6f3ed1c27b" xlink:href="https://xbrl.fasb.org/us-gaap/2024/elts/us-gaap-2024.xsd#us-gaap_AreaOfRealEstateProperty"/>
    <link:presentationArc order="2" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaap_BusinessAcquisitionLineItems_b46c1ec1-bf25-4ad9-860d-49b7b04c9f89" xlink:to="loc_us-gaap_AreaOfRealEstateProperty_b4ee6349-cddc-4b9f-9420-ee6f3ed1c27b" xlink:type="arc" preferredLabel="http://www.xbrl.org/2003/role/terseLabel"/>
    <link:loc xlink:type="locator" xlink:label="loc_frt_PurchasePriceOfFeeInterestInRealEstate_5f7ba029-4792-4176-a764-9d2f89be3317" xlink:href="frt-20240930.xsd#frt_PurchasePriceOfFeeInterestInRealEstate"/>
    <link:presentationArc order="3" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaap_BusinessAcquisitionLineItems_b46c1ec1-bf25-4ad9-860d-49b7b04c9f89" xlink:to="loc_frt_PurchasePriceOfFeeInterestInRealEstate_5f7ba029-4792-4176-a764-9d2f89be3317" xlink:type="arc" preferredLabel="http://www.xbrl.org/2003/role/terseLabel"/>
    <link:loc xlink:type="locator" xlink:label="loc_frt_AcquiredLeaseCosts_2f3248c6-bfb1-433b-bbe5-818175fe69bb" xlink:href="frt-20240930.xsd#frt_AcquiredLeaseCosts"/>
    <link:presentationArc order="4" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaap_BusinessAcquisitionLineItems_b46c1ec1-bf25-4ad9-860d-49b7b04c9f89" xlink:to="loc_frt_AcquiredLeaseCosts_2f3248c6-bfb1-433b-bbe5-818175fe69bb" xlink:type="arc" preferredLabel="http://www.xbrl.org/2003/role/terseLabel"/>
    <link:loc xlink:type="locator" xlink:label="loc_us-gaap_FinitelivedIntangibleAssetsAcquired1_360bab7d-233d-4bf2-b7c0-9edb1797ed4a" xlink:href="https://xbrl.fasb.org/us-gaap/2024/elts/us-gaap-2024.xsd#us-gaap_FinitelivedIntangibleAssetsAcquired1"/>
    <link:presentationArc order="5" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaap_BusinessAcquisitionLineItems_b46c1ec1-bf25-4ad9-860d-49b7b04c9f89" xlink:to="loc_us-gaap_FinitelivedIntangibleAssetsAcquired1_360bab7d-233d-4bf2-b7c0-9edb1797ed4a" xlink:type="arc" preferredLabel="http://www.xbrl.org/2003/role/terseLabel"/>
    <link:loc xlink:type="locator" xlink:label="loc_us-gaap_BelowMarketLeaseAcquired_2c3441ac-0529-4539-a7f5-92daad09d787" xlink:href="https://xbrl.fasb.org/us-gaap/2024/elts/us-gaap-2024.xsd#us-gaap_BelowMarketLeaseAcquired"/>
    <link:presentationArc order="6" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaap_BusinessAcquisitionLineItems_b46c1ec1-bf25-4ad9-860d-49b7b04c9f89" xlink:to="loc_us-gaap_BelowMarketLeaseAcquired_2c3441ac-0529-4539-a7f5-92daad09d787" xlink:type="arc" preferredLabel="http://www.xbrl.org/2003/role/terseLabel"/>
    <link:loc xlink:type="locator" xlink:label="loc_frt_Salespriceofrealestate_7c3fbc17-a37b-4e85-8f4b-b62e215ff93d" xlink:href="frt-20240930.xsd#frt_Salespriceofrealestate"/>
    <link:presentationArc order="7" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaap_BusinessAcquisitionLineItems_b46c1ec1-bf25-4ad9-860d-49b7b04c9f89" xlink:to="loc_frt_Salespriceofrealestate_7c3fbc17-a37b-4e85-8f4b-b62e215ff93d" xlink:type="arc" preferredLabel="http://www.xbrl.org/2003/role/terseLabel"/>
    <link:loc xlink:type="locator" xlink:label="loc_frt_GainOnSaleOfRealEstate_5ba2db88-9b39-40ed-8df6-3e8399c13a14" xlink:href="frt-20240930.xsd#frt_GainOnSaleOfRealEstate"/>
    <link:presentationArc order="8" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaap_BusinessAcquisitionLineItems_b46c1ec1-bf25-4ad9-860d-49b7b04c9f89" xlink:to="loc_frt_GainOnSaleOfRealEstate_5ba2db88-9b39-40ed-8df6-3e8399c13a14" 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-20240930.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_1b2d11eb-5d37-40c6-aa04-b21d07aa8d8e" xlink:href="https://xbrl.fasb.org/us-gaap/2024/elts/us-gaap-2024.xsd#us-gaap_DebtInstrumentsAbstract"/>
    <link:loc xlink:type="locator" xlink:label="loc_us-gaap_DebtInstrumentTable_4d0eeda8-d9f5-4b1e-b073-aecc16193ef8" xlink:href="https://xbrl.fasb.org/us-gaap/2024/elts/us-gaap-2024.xsd#us-gaap_DebtInstrumentTable"/>
    <link:presentationArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaap_DebtInstrumentsAbstract_1b2d11eb-5d37-40c6-aa04-b21d07aa8d8e" xlink:to="loc_us-gaap_DebtInstrumentTable_4d0eeda8-d9f5-4b1e-b073-aecc16193ef8" xlink:type="arc" preferredLabel="http://www.xbrl.org/2003/role/terseLabel"/>
    <link:loc xlink:type="locator" xlink:label="loc_us-gaap_DebtInstrumentAxis_377beaac-71ff-4ef2-a5c6-0b80499a1124" xlink:href="https://xbrl.fasb.org/us-gaap/2024/elts/us-gaap-2024.xsd#us-gaap_DebtInstrumentAxis"/>
    <link:presentationArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaap_DebtInstrumentTable_4d0eeda8-d9f5-4b1e-b073-aecc16193ef8" xlink:to="loc_us-gaap_DebtInstrumentAxis_377beaac-71ff-4ef2-a5c6-0b80499a1124" xlink:type="arc" preferredLabel="http://www.xbrl.org/2003/role/terseLabel"/>
    <link:loc xlink:type="locator" xlink:label="loc_us-gaap_DebtInstrumentNameDomain_e31a70c2-71a5-43c8-ae3d-0f8ff4d0b5e7" xlink:href="https://xbrl.fasb.org/us-gaap/2024/elts/us-gaap-2024.xsd#us-gaap_DebtInstrumentNameDomain"/>
    <link:presentationArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaap_DebtInstrumentAxis_377beaac-71ff-4ef2-a5c6-0b80499a1124" xlink:to="loc_us-gaap_DebtInstrumentNameDomain_e31a70c2-71a5-43c8-ae3d-0f8ff4d0b5e7" xlink:type="arc" preferredLabel="http://www.xbrl.org/2003/role/terseLabel"/>
    <link:loc xlink:type="locator" xlink:label="loc_frt_Senior3Point25PercentNotesMember_c7a1af76-ebf0-4617-8ff4-ee45a90e23c9" xlink:href="frt-20240930.xsd#frt_Senior3Point25PercentNotesMember"/>
    <link:presentationArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaap_DebtInstrumentNameDomain_e31a70c2-71a5-43c8-ae3d-0f8ff4d0b5e7" xlink:to="loc_frt_Senior3Point25PercentNotesMember_c7a1af76-ebf0-4617-8ff4-ee45a90e23c9" xlink:type="arc" preferredLabel="http://www.xbrl.org/2003/role/terseLabel"/>
    <link:loc xlink:type="locator" xlink:label="loc_frt_Senior3Point95PercentNotesMember_605864a6-13c6-40f6-a26e-b2d523febefd" xlink:href="frt-20240930.xsd#frt_Senior3Point95PercentNotesMember"/>
    <link:presentationArc order="2" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaap_DebtInstrumentNameDomain_e31a70c2-71a5-43c8-ae3d-0f8ff4d0b5e7" xlink:to="loc_frt_Senior3Point95PercentNotesMember_605864a6-13c6-40f6-a26e-b2d523febefd" xlink:type="arc" preferredLabel="http://www.xbrl.org/2003/role/terseLabel"/>
    <link:loc xlink:type="locator" xlink:label="loc_us-gaap_RevolvingCreditFacilityMember_9c65600e-58af-4f31-980e-d6f688c4dde6" xlink:href="https://xbrl.fasb.org/us-gaap/2024/elts/us-gaap-2024.xsd#us-gaap_RevolvingCreditFacilityMember"/>
    <link:presentationArc order="3" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaap_DebtInstrumentNameDomain_e31a70c2-71a5-43c8-ae3d-0f8ff4d0b5e7" xlink:to="loc_us-gaap_RevolvingCreditFacilityMember_9c65600e-58af-4f31-980e-d6f688c4dde6" xlink:type="arc" preferredLabel="http://www.xbrl.org/2003/role/terseLabel"/>
    <link:loc xlink:type="locator" xlink:label="loc_srt_RealEstateAndAccumulatedDepreciationDescriptionOfPropertyAxis_d38dfaf4-500c-43b9-b2b7-e47a873daa3f" xlink:href="https://xbrl.fasb.org/srt/2024/elts/srt-2024.xsd#srt_RealEstateAndAccumulatedDepreciationDescriptionOfPropertyAxis"/>
    <link:presentationArc order="2" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaap_DebtInstrumentTable_4d0eeda8-d9f5-4b1e-b073-aecc16193ef8" xlink:to="loc_srt_RealEstateAndAccumulatedDepreciationDescriptionOfPropertyAxis_d38dfaf4-500c-43b9-b2b7-e47a873daa3f" xlink:type="arc" preferredLabel="http://www.xbrl.org/2003/role/terseLabel"/>
    <link:loc xlink:type="locator" xlink:label="loc_srt_RealEstateAndAccumulatedDepreciationNameOfPropertyDomain_5d40ef0f-39bc-4c7e-bcbd-20ea81f96e93" xlink:href="https://xbrl.fasb.org/srt/2024/elts/srt-2024.xsd#srt_RealEstateAndAccumulatedDepreciationNameOfPropertyDomain"/>
    <link:presentationArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_srt_RealEstateAndAccumulatedDepreciationDescriptionOfPropertyAxis_d38dfaf4-500c-43b9-b2b7-e47a873daa3f" xlink:to="loc_srt_RealEstateAndAccumulatedDepreciationNameOfPropertyDomain_5d40ef0f-39bc-4c7e-bcbd-20ea81f96e93" xlink:type="arc" preferredLabel="http://www.xbrl.org/2003/role/terseLabel"/>
    <link:loc xlink:type="locator" xlink:label="loc_us-gaap_LongtermDebtTypeAxis_da9976a5-9324-4dbd-9614-a3b43cfcbde5" xlink:href="https://xbrl.fasb.org/us-gaap/2024/elts/us-gaap-2024.xsd#us-gaap_LongtermDebtTypeAxis"/>
    <link:presentationArc order="3" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaap_DebtInstrumentTable_4d0eeda8-d9f5-4b1e-b073-aecc16193ef8" xlink:to="loc_us-gaap_LongtermDebtTypeAxis_da9976a5-9324-4dbd-9614-a3b43cfcbde5" xlink:type="arc" preferredLabel="http://www.xbrl.org/2003/role/terseLabel"/>
    <link:loc xlink:type="locator" xlink:label="loc_us-gaap_LongtermDebtTypeDomain_977a2c1f-8c8b-47c1-b5a1-63f2b5739dab" xlink:href="https://xbrl.fasb.org/us-gaap/2024/elts/us-gaap-2024.xsd#us-gaap_LongtermDebtTypeDomain"/>
    <link:presentationArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaap_LongtermDebtTypeAxis_da9976a5-9324-4dbd-9614-a3b43cfcbde5" xlink:to="loc_us-gaap_LongtermDebtTypeDomain_977a2c1f-8c8b-47c1-b5a1-63f2b5739dab" xlink:type="arc" preferredLabel="http://www.xbrl.org/2003/role/terseLabel"/>
    <link:loc xlink:type="locator" xlink:label="loc_us-gaap_ConvertibleDebtMember_547e09d2-60ac-461a-910a-4cde07164ab5" xlink:href="https://xbrl.fasb.org/us-gaap/2024/elts/us-gaap-2024.xsd#us-gaap_ConvertibleDebtMember"/>
    <link:presentationArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaap_LongtermDebtTypeDomain_977a2c1f-8c8b-47c1-b5a1-63f2b5739dab" xlink:to="loc_us-gaap_ConvertibleDebtMember_547e09d2-60ac-461a-910a-4cde07164ab5" xlink:type="arc" preferredLabel="http://www.xbrl.org/2003/role/terseLabel"/>
    <link:loc xlink:type="locator" xlink:label="loc_us-gaap_SeniorNotesMember_315531bf-cb01-4168-a945-080a6d6d4f79" xlink:href="https://xbrl.fasb.org/us-gaap/2024/elts/us-gaap-2024.xsd#us-gaap_SeniorNotesMember"/>
    <link:presentationArc order="2" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaap_LongtermDebtTypeDomain_977a2c1f-8c8b-47c1-b5a1-63f2b5739dab" xlink:to="loc_us-gaap_SeniorNotesMember_315531bf-cb01-4168-a945-080a6d6d4f79" xlink:type="arc" preferredLabel="http://www.xbrl.org/2003/role/terseLabel"/>
    <link:loc xlink:type="locator" xlink:label="loc_frt_TermloanMember_9aa53d3d-722f-4c84-a62a-2598533582af" xlink:href="frt-20240930.xsd#frt_TermloanMember"/>
    <link:presentationArc order="3" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaap_LongtermDebtTypeDomain_977a2c1f-8c8b-47c1-b5a1-63f2b5739dab" xlink:to="loc_frt_TermloanMember_9aa53d3d-722f-4c84-a62a-2598533582af" xlink:type="arc" preferredLabel="http://www.xbrl.org/2003/role/terseLabel"/>
    <link:loc xlink:type="locator" xlink:label="loc_us-gaap_OptionIndexedToIssuersEquityTypeAxis_dc859e04-fc19-4aaa-9536-6363137a17cd" xlink:href="https://xbrl.fasb.org/us-gaap/2024/elts/us-gaap-2024.xsd#us-gaap_OptionIndexedToIssuersEquityTypeAxis"/>
    <link:presentationArc order="4" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaap_DebtInstrumentTable_4d0eeda8-d9f5-4b1e-b073-aecc16193ef8" xlink:to="loc_us-gaap_OptionIndexedToIssuersEquityTypeAxis_dc859e04-fc19-4aaa-9536-6363137a17cd" xlink:type="arc" preferredLabel="http://www.xbrl.org/2003/role/terseLabel"/>
    <link:loc xlink:type="locator" xlink:label="loc_us-gaap_OptionIndexedToIssuersEquityTypeDomain_b070c0e0-faba-4967-9bb6-600c1e31d1e8" xlink:href="https://xbrl.fasb.org/us-gaap/2024/elts/us-gaap-2024.xsd#us-gaap_OptionIndexedToIssuersEquityTypeDomain"/>
    <link:presentationArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaap_OptionIndexedToIssuersEquityTypeAxis_dc859e04-fc19-4aaa-9536-6363137a17cd" xlink:to="loc_us-gaap_OptionIndexedToIssuersEquityTypeDomain_b070c0e0-faba-4967-9bb6-600c1e31d1e8" xlink:type="arc" preferredLabel="http://www.xbrl.org/2003/role/terseLabel"/>
    <link:loc xlink:type="locator" xlink:label="loc_us-gaap_CallOptionMember_83b4fcfe-ccfb-4419-b700-aa659324b3a3" xlink:href="https://xbrl.fasb.org/us-gaap/2024/elts/us-gaap-2024.xsd#us-gaap_CallOptionMember"/>
    <link:presentationArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaap_OptionIndexedToIssuersEquityTypeDomain_b070c0e0-faba-4967-9bb6-600c1e31d1e8" xlink:to="loc_us-gaap_CallOptionMember_83b4fcfe-ccfb-4419-b700-aa659324b3a3" xlink:type="arc" preferredLabel="http://www.xbrl.org/2003/role/terseLabel"/>
    <link:loc xlink:type="locator" xlink:label="loc_us-gaap_DebtConversionByUniqueDescriptionAxis_c0266a23-92fb-4e1a-97a4-15b2ca878cc5" xlink:href="https://xbrl.fasb.org/us-gaap/2024/elts/us-gaap-2024.xsd#us-gaap_DebtConversionByUniqueDescriptionAxis"/>
    <link:presentationArc order="5" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaap_DebtInstrumentTable_4d0eeda8-d9f5-4b1e-b073-aecc16193ef8" xlink:to="loc_us-gaap_DebtConversionByUniqueDescriptionAxis_c0266a23-92fb-4e1a-97a4-15b2ca878cc5" xlink:type="arc" preferredLabel="http://www.xbrl.org/2003/role/terseLabel"/>
    <link:loc xlink:type="locator" xlink:label="loc_us-gaap_DebtConversionNameDomain_79d2c338-7cd3-4aa3-85d3-be99a5a6ce81" xlink:href="https://xbrl.fasb.org/us-gaap/2024/elts/us-gaap-2024.xsd#us-gaap_DebtConversionNameDomain"/>
    <link:presentationArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaap_DebtConversionByUniqueDescriptionAxis_c0266a23-92fb-4e1a-97a4-15b2ca878cc5" xlink:to="loc_us-gaap_DebtConversionNameDomain_79d2c338-7cd3-4aa3-85d3-be99a5a6ce81" xlink:type="arc" preferredLabel="http://www.xbrl.org/2003/role/terseLabel"/>
    <link:loc xlink:type="locator" xlink:label="loc_frt_Per1000PrincipalAmountMember_2dd40cf8-6681-466b-bbbb-0141eac0a737" xlink:href="frt-20240930.xsd#frt_Per1000PrincipalAmountMember"/>
    <link:presentationArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaap_DebtConversionNameDomain_79d2c338-7cd3-4aa3-85d3-be99a5a6ce81" xlink:to="loc_frt_Per1000PrincipalAmountMember_2dd40cf8-6681-466b-bbbb-0141eac0a737" xlink:type="arc" preferredLabel="http://www.xbrl.org/2003/role/terseLabel"/>
    <link:loc xlink:type="locator" xlink:label="loc_us-gaap_DebtInstrumentLineItems_696be8c0-aecd-4543-a4db-8a8fff8260c8" xlink:href="https://xbrl.fasb.org/us-gaap/2024/elts/us-gaap-2024.xsd#us-gaap_DebtInstrumentLineItems"/>
    <link:presentationArc order="6" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaap_DebtInstrumentTable_4d0eeda8-d9f5-4b1e-b073-aecc16193ef8" xlink:to="loc_us-gaap_DebtInstrumentLineItems_696be8c0-aecd-4543-a4db-8a8fff8260c8" xlink:type="arc" preferredLabel="http://www.xbrl.org/2003/role/terseLabel"/>
    <link:loc xlink:type="locator" xlink:label="loc_us-gaap_ProceedsFromIssuanceOfDebt_0738627a-0b9e-402d-8c8f-702fce285139" xlink:href="https://xbrl.fasb.org/us-gaap/2024/elts/us-gaap-2024.xsd#us-gaap_ProceedsFromIssuanceOfDebt"/>
    <link:presentationArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaap_DebtInstrumentLineItems_696be8c0-aecd-4543-a4db-8a8fff8260c8" xlink:to="loc_us-gaap_ProceedsFromIssuanceOfDebt_0738627a-0b9e-402d-8c8f-702fce285139" xlink:type="arc" preferredLabel="http://www.xbrl.org/2003/role/terseLabel"/>
    <link:loc xlink:type="locator" xlink:label="loc_us-gaap_DebtInstrumentInterestRateStatedPercentage_746e36c0-ae6b-456c-892c-335438b8fc2f" xlink:href="https://xbrl.fasb.org/us-gaap/2024/elts/us-gaap-2024.xsd#us-gaap_DebtInstrumentInterestRateStatedPercentage"/>
    <link:presentationArc order="2" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaap_DebtInstrumentLineItems_696be8c0-aecd-4543-a4db-8a8fff8260c8" xlink:to="loc_us-gaap_DebtInstrumentInterestRateStatedPercentage_746e36c0-ae6b-456c-892c-335438b8fc2f" xlink:type="arc" preferredLabel="http://www.xbrl.org/2003/role/terseLabel"/>
    <link:loc xlink:type="locator" xlink:label="loc_us-gaap_ProceedsFromDebtNetOfIssuanceCosts_4e53adb6-5af3-48aa-8236-b22be8ae3979" xlink:href="https://xbrl.fasb.org/us-gaap/2024/elts/us-gaap-2024.xsd#us-gaap_ProceedsFromDebtNetOfIssuanceCosts"/>
    <link:presentationArc order="3" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaap_DebtInstrumentLineItems_696be8c0-aecd-4543-a4db-8a8fff8260c8" xlink:to="loc_us-gaap_ProceedsFromDebtNetOfIssuanceCosts_4e53adb6-5af3-48aa-8236-b22be8ae3979" xlink:type="arc" preferredLabel="http://www.xbrl.org/2003/role/terseLabel"/>
    <link:loc xlink:type="locator" xlink:label="loc_us-gaap_InterestExpenseDebt_445dee79-ca86-427d-82e8-e2576d8aec9b" xlink:href="https://xbrl.fasb.org/us-gaap/2024/elts/us-gaap-2024.xsd#us-gaap_InterestExpenseDebt"/>
    <link:presentationArc order="4" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaap_DebtInstrumentLineItems_696be8c0-aecd-4543-a4db-8a8fff8260c8" xlink:to="loc_us-gaap_InterestExpenseDebt_445dee79-ca86-427d-82e8-e2576d8aec9b" xlink:type="arc" preferredLabel="http://www.xbrl.org/2003/role/terseLabel"/>
    <link:loc xlink:type="locator" xlink:label="loc_us-gaap_DebtInstrumentConvertibleConversionRatio1_a92f9b0f-f338-4724-8d98-02c230705c91" xlink:href="https://xbrl.fasb.org/us-gaap/2024/elts/us-gaap-2024.xsd#us-gaap_DebtInstrumentConvertibleConversionRatio1"/>
    <link:presentationArc order="5" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaap_DebtInstrumentLineItems_696be8c0-aecd-4543-a4db-8a8fff8260c8" xlink:to="loc_us-gaap_DebtInstrumentConvertibleConversionRatio1_a92f9b0f-f338-4724-8d98-02c230705c91" xlink:type="arc" preferredLabel="http://www.xbrl.org/2003/role/terseLabel"/>
    <link:loc xlink:type="locator" xlink:label="loc_us-gaap_DebtConversionConvertedInstrumentAmount1_049514b2-2cd6-476d-9a1e-d6b85deee7d5" xlink:href="https://xbrl.fasb.org/us-gaap/2024/elts/us-gaap-2024.xsd#us-gaap_DebtConversionConvertedInstrumentAmount1"/>
    <link:presentationArc order="6" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaap_DebtInstrumentLineItems_696be8c0-aecd-4543-a4db-8a8fff8260c8" xlink:to="loc_us-gaap_DebtConversionConvertedInstrumentAmount1_049514b2-2cd6-476d-9a1e-d6b85deee7d5" xlink:type="arc" preferredLabel="http://www.xbrl.org/2003/role/terseLabel"/>
    <link:loc xlink:type="locator" xlink:label="loc_us-gaap_DebtInstrumentConvertibleConversionPrice1_9f66e4e2-af87-4b3b-bbb1-ca953f6059b1" xlink:href="https://xbrl.fasb.org/us-gaap/2024/elts/us-gaap-2024.xsd#us-gaap_DebtInstrumentConvertibleConversionPrice1"/>
    <link:presentationArc order="7" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaap_DebtInstrumentLineItems_696be8c0-aecd-4543-a4db-8a8fff8260c8" xlink:to="loc_us-gaap_DebtInstrumentConvertibleConversionPrice1_9f66e4e2-af87-4b3b-bbb1-ca953f6059b1" xlink:type="arc" preferredLabel="http://www.xbrl.org/2003/role/terseLabel"/>
    <link:loc xlink:type="locator" xlink:label="loc_frt_ExchangePremiumPercentage_22481953-00a9-40f4-82ec-8f593cb05089" xlink:href="frt-20240930.xsd#frt_ExchangePremiumPercentage"/>
    <link:presentationArc order="8" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaap_DebtInstrumentLineItems_696be8c0-aecd-4543-a4db-8a8fff8260c8" xlink:to="loc_frt_ExchangePremiumPercentage_22481953-00a9-40f4-82ec-8f593cb05089" xlink:type="arc" preferredLabel="http://www.xbrl.org/2003/role/terseLabel"/>
    <link:loc xlink:type="locator" xlink:label="loc_us-gaap_SharePrice_0cf3e92a-4dba-4386-8564-49a66f5f2195" xlink:href="https://xbrl.fasb.org/us-gaap/2024/elts/us-gaap-2024.xsd#us-gaap_SharePrice"/>
    <link:presentationArc order="9" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaap_DebtInstrumentLineItems_696be8c0-aecd-4543-a4db-8a8fff8260c8" xlink:to="loc_us-gaap_SharePrice_0cf3e92a-4dba-4386-8564-49a66f5f2195" xlink:type="arc" preferredLabel="http://www.xbrl.org/2003/role/terseLabel"/>
    <link:loc xlink:type="locator" xlink:label="loc_frt_InitialQuarterlyCommonDividend_c3f9f472-ab05-4dfc-933e-40056a280d66" xlink:href="frt-20240930.xsd#frt_InitialQuarterlyCommonDividend"/>
    <link:presentationArc order="10" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaap_DebtInstrumentLineItems_696be8c0-aecd-4543-a4db-8a8fff8260c8" xlink:to="loc_frt_InitialQuarterlyCommonDividend_c3f9f472-ab05-4dfc-933e-40056a280d66" xlink:type="arc" preferredLabel="http://www.xbrl.org/2003/role/terseLabel"/>
    <link:loc xlink:type="locator" xlink:label="loc_frt_MinimumRedemptionExchangePrice_9d6b025d-5e80-4333-9e98-85d8326ed9b8" xlink:href="frt-20240930.xsd#frt_MinimumRedemptionExchangePrice"/>
    <link:presentationArc order="11" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaap_DebtInstrumentLineItems_696be8c0-aecd-4543-a4db-8a8fff8260c8" xlink:to="loc_frt_MinimumRedemptionExchangePrice_9d6b025d-5e80-4333-9e98-85d8326ed9b8" xlink:type="arc" preferredLabel="http://www.xbrl.org/2003/role/terseLabel"/>
    <link:loc xlink:type="locator" xlink:label="loc_us-gaap_DebtInstrumentRedemptionPricePercentage_c37fa45c-a667-4490-b421-4f65c4f242bd" xlink:href="https://xbrl.fasb.org/us-gaap/2024/elts/us-gaap-2024.xsd#us-gaap_DebtInstrumentRedemptionPricePercentage"/>
    <link:presentationArc order="12" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaap_DebtInstrumentLineItems_696be8c0-aecd-4543-a4db-8a8fff8260c8" xlink:to="loc_us-gaap_DebtInstrumentRedemptionPricePercentage_c37fa45c-a667-4490-b421-4f65c4f242bd" xlink:type="arc" preferredLabel="http://www.xbrl.org/2003/role/terseLabel"/>
    <link:loc xlink:type="locator" xlink:label="loc_frt_CappedCallCapSharePrice_3d34ad80-f0d0-47b4-a2a6-4eef8a7d2352" xlink:href="frt-20240930.xsd#frt_CappedCallCapSharePrice"/>
    <link:presentationArc order="13" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaap_DebtInstrumentLineItems_696be8c0-aecd-4543-a4db-8a8fff8260c8" xlink:to="loc_frt_CappedCallCapSharePrice_3d34ad80-f0d0-47b4-a2a6-4eef8a7d2352" xlink:type="arc" preferredLabel="http://www.xbrl.org/2003/role/terseLabel"/>
    <link:loc xlink:type="locator" xlink:label="loc_frt_CappedCallPremiumPercentage_363eb16b-e34e-4201-aa68-8cef5a6d3441" xlink:href="frt-20240930.xsd#frt_CappedCallPremiumPercentage"/>
    <link:presentationArc order="14" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaap_DebtInstrumentLineItems_696be8c0-aecd-4543-a4db-8a8fff8260c8" xlink:to="loc_frt_CappedCallPremiumPercentage_363eb16b-e34e-4201-aa68-8cef5a6d3441" xlink:type="arc" preferredLabel="http://www.xbrl.org/2003/role/terseLabel"/>
    <link:loc xlink:type="locator" xlink:label="loc_frt_CappedCallPremium_7edcdcf8-8c57-4ff0-ab28-e6a23861a9e3" xlink:href="frt-20240930.xsd#frt_CappedCallPremium"/>
    <link:presentationArc order="15" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaap_DebtInstrumentLineItems_696be8c0-aecd-4543-a4db-8a8fff8260c8" xlink:to="loc_frt_CappedCallPremium_7edcdcf8-8c57-4ff0-ab28-e6a23861a9e3" xlink:type="arc" preferredLabel="http://www.xbrl.org/2003/role/terseLabel"/>
    <link:loc xlink:type="locator" xlink:label="loc_us-gaap_RepaymentsOfUnsecuredDebt_00d2d1b9-e582-4558-90cb-b10522550090" xlink:href="https://xbrl.fasb.org/us-gaap/2024/elts/us-gaap-2024.xsd#us-gaap_RepaymentsOfUnsecuredDebt"/>
    <link:presentationArc order="16" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaap_DebtInstrumentLineItems_696be8c0-aecd-4543-a4db-8a8fff8260c8" xlink:to="loc_us-gaap_RepaymentsOfUnsecuredDebt_00d2d1b9-e582-4558-90cb-b10522550090" xlink:type="arc" preferredLabel="http://www.xbrl.org/2003/role/terseLabel"/>
    <link:loc xlink:type="locator" xlink:label="loc_us-gaap_OtherNotesPayable_22f82056-0d1d-4cc9-ab8a-69b2456d20a5" xlink:href="https://xbrl.fasb.org/us-gaap/2024/elts/us-gaap-2024.xsd#us-gaap_OtherNotesPayable"/>
    <link:presentationArc order="17" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaap_DebtInstrumentLineItems_696be8c0-aecd-4543-a4db-8a8fff8260c8" xlink:to="loc_us-gaap_OtherNotesPayable_22f82056-0d1d-4cc9-ab8a-69b2456d20a5" xlink:type="arc" preferredLabel="http://www.xbrl.org/2003/role/terseLabel"/>
    <link:loc xlink:type="locator" xlink:label="loc_us-gaap_LineOfCreditFacilityMaximumBorrowingCapacity_47f28dbc-b664-4e0b-8d13-fe882816b9df" xlink:href="https://xbrl.fasb.org/us-gaap/2024/elts/us-gaap-2024.xsd#us-gaap_LineOfCreditFacilityMaximumBorrowingCapacity"/>
    <link:presentationArc order="18" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaap_DebtInstrumentLineItems_696be8c0-aecd-4543-a4db-8a8fff8260c8" xlink:to="loc_us-gaap_LineOfCreditFacilityMaximumBorrowingCapacity_47f28dbc-b664-4e0b-8d13-fe882816b9df" xlink:type="arc" preferredLabel="http://www.xbrl.org/2003/role/terseLabel"/>
    <link:loc xlink:type="locator" xlink:label="loc_us-gaap_LineOfCreditFacilityMaximumAmountOutstandingDuringPeriod_27989c64-b2a4-4eaa-9457-915d66d37103" xlink:href="https://xbrl.fasb.org/us-gaap/2024/elts/us-gaap-2024.xsd#us-gaap_LineOfCreditFacilityMaximumAmountOutstandingDuringPeriod"/>
    <link:presentationArc order="19" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaap_DebtInstrumentLineItems_696be8c0-aecd-4543-a4db-8a8fff8260c8" xlink:to="loc_us-gaap_LineOfCreditFacilityMaximumAmountOutstandingDuringPeriod_27989c64-b2a4-4eaa-9457-915d66d37103" xlink:type="arc" preferredLabel="http://www.xbrl.org/2003/role/terseLabel"/>
    <link:loc xlink:type="locator" xlink:label="loc_us-gaap_LineOfCreditFacilityAverageOutstandingAmount_5f5cfa6c-7da8-480f-adf3-d7b074c22f68" xlink:href="https://xbrl.fasb.org/us-gaap/2024/elts/us-gaap-2024.xsd#us-gaap_LineOfCreditFacilityAverageOutstandingAmount"/>
    <link:presentationArc order="20" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaap_DebtInstrumentLineItems_696be8c0-aecd-4543-a4db-8a8fff8260c8" xlink:to="loc_us-gaap_LineOfCreditFacilityAverageOutstandingAmount_5f5cfa6c-7da8-480f-adf3-d7b074c22f68" xlink:type="arc" preferredLabel="http://www.xbrl.org/2003/role/terseLabel"/>
    <link:loc xlink:type="locator" xlink:label="loc_frt_LineofcreditfacilityweightedaverageinterestratebeforeamortizationofdebtFees_69f73e28-dcbb-4eb4-ba17-4bc10ce909f3" xlink:href="frt-20240930.xsd#frt_LineofcreditfacilityweightedaverageinterestratebeforeamortizationofdebtFees"/>
    <link:presentationArc order="21" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaap_DebtInstrumentLineItems_696be8c0-aecd-4543-a4db-8a8fff8260c8" xlink:to="loc_frt_LineofcreditfacilityweightedaverageinterestratebeforeamortizationofdebtFees_69f73e28-dcbb-4eb4-ba17-4bc10ce909f3" xlink:type="arc" preferredLabel="http://www.xbrl.org/2003/role/terseLabel"/>
    <link:loc xlink:type="locator" xlink:label="loc_us-gaap_LineOfCredit_c1d11596-9b75-405b-9ac6-fa81ca2339d0" xlink:href="https://xbrl.fasb.org/us-gaap/2024/elts/us-gaap-2024.xsd#us-gaap_LineOfCredit"/>
    <link:presentationArc order="22" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaap_DebtInstrumentLineItems_696be8c0-aecd-4543-a4db-8a8fff8260c8" xlink:to="loc_us-gaap_LineOfCredit_c1d11596-9b75-405b-9ac6-fa81ca2339d0" 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-20240930.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_0d0b233a-8b57-4a68-b224-004a6fdb480a" xlink:href="https://xbrl.fasb.org/us-gaap/2024/elts/us-gaap-2024.xsd#us-gaap_FairValueDisclosuresAbstract"/>
    <link:loc xlink:type="locator" xlink:label="loc_us-gaap_FairValueByBalanceSheetGroupingTable_fbb61b68-60a7-4be2-bd27-cf41308431a3" xlink:href="https://xbrl.fasb.org/us-gaap/2024/elts/us-gaap-2024.xsd#us-gaap_FairValueByBalanceSheetGroupingTable"/>
    <link:presentationArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaap_FairValueDisclosuresAbstract_0d0b233a-8b57-4a68-b224-004a6fdb480a" xlink:to="loc_us-gaap_FairValueByBalanceSheetGroupingTable_fbb61b68-60a7-4be2-bd27-cf41308431a3" xlink:type="arc" preferredLabel="http://www.xbrl.org/2003/role/terseLabel"/>
    <link:loc xlink:type="locator" xlink:label="loc_us-gaap_LongtermDebtTypeAxis_cdd87958-d68c-4517-9a36-45f7d9e86e22" xlink:href="https://xbrl.fasb.org/us-gaap/2024/elts/us-gaap-2024.xsd#us-gaap_LongtermDebtTypeAxis"/>
    <link:presentationArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaap_FairValueByBalanceSheetGroupingTable_fbb61b68-60a7-4be2-bd27-cf41308431a3" xlink:to="loc_us-gaap_LongtermDebtTypeAxis_cdd87958-d68c-4517-9a36-45f7d9e86e22" xlink:type="arc" preferredLabel="http://www.xbrl.org/2003/role/terseLabel"/>
    <link:loc xlink:type="locator" xlink:label="loc_us-gaap_LongtermDebtTypeDomain_bb6a90ab-0c07-4479-9c48-d2000ad87e70" xlink:href="https://xbrl.fasb.org/us-gaap/2024/elts/us-gaap-2024.xsd#us-gaap_LongtermDebtTypeDomain"/>
    <link:presentationArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaap_LongtermDebtTypeAxis_cdd87958-d68c-4517-9a36-45f7d9e86e22" xlink:to="loc_us-gaap_LongtermDebtTypeDomain_bb6a90ab-0c07-4479-9c48-d2000ad87e70" xlink:type="arc" preferredLabel="http://www.xbrl.org/2003/role/terseLabel"/>
    <link:loc xlink:type="locator" xlink:label="loc_frt_MortgagesPayableAndNotesPayableMember_178b693a-82f0-4f1c-93e6-0792b8397e42" xlink:href="frt-20240930.xsd#frt_MortgagesPayableAndNotesPayableMember"/>
    <link:presentationArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaap_LongtermDebtTypeDomain_bb6a90ab-0c07-4479-9c48-d2000ad87e70" xlink:to="loc_frt_MortgagesPayableAndNotesPayableMember_178b693a-82f0-4f1c-93e6-0792b8397e42" xlink:type="arc" preferredLabel="http://www.xbrl.org/2003/role/terseLabel"/>
    <link:loc xlink:type="locator" xlink:label="loc_frt_SeniorNotesAndDebenturesMember_7b06c13a-7245-4f9b-b470-e852032b2a9b" xlink:href="frt-20240930.xsd#frt_SeniorNotesAndDebenturesMember"/>
    <link:presentationArc order="2" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaap_LongtermDebtTypeDomain_bb6a90ab-0c07-4479-9c48-d2000ad87e70" xlink:to="loc_frt_SeniorNotesAndDebenturesMember_7b06c13a-7245-4f9b-b470-e852032b2a9b" xlink:type="arc" preferredLabel="http://www.xbrl.org/2003/role/terseLabel"/>
    <link:loc xlink:type="locator" xlink:label="loc_us-gaap_FairValueByMeasurementBasisAxis_ed54a711-fb63-46b0-b8bf-481a4d5e8ea7" xlink:href="https://xbrl.fasb.org/us-gaap/2024/elts/us-gaap-2024.xsd#us-gaap_FairValueByMeasurementBasisAxis"/>
    <link:presentationArc order="2" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaap_FairValueByBalanceSheetGroupingTable_fbb61b68-60a7-4be2-bd27-cf41308431a3" xlink:to="loc_us-gaap_FairValueByMeasurementBasisAxis_ed54a711-fb63-46b0-b8bf-481a4d5e8ea7" xlink:type="arc" preferredLabel="http://www.xbrl.org/2003/role/terseLabel"/>
    <link:loc xlink:type="locator" xlink:label="loc_us-gaap_FairValueDisclosureItemAmountsDomain_137c3ac8-8e38-4ebf-91ef-10c9f4bcc4c8" xlink:href="https://xbrl.fasb.org/us-gaap/2024/elts/us-gaap-2024.xsd#us-gaap_FairValueDisclosureItemAmountsDomain"/>
    <link:presentationArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaap_FairValueByMeasurementBasisAxis_ed54a711-fb63-46b0-b8bf-481a4d5e8ea7" xlink:to="loc_us-gaap_FairValueDisclosureItemAmountsDomain_137c3ac8-8e38-4ebf-91ef-10c9f4bcc4c8" xlink:type="arc" preferredLabel="http://www.xbrl.org/2003/role/terseLabel"/>
    <link:loc xlink:type="locator" xlink:label="loc_us-gaap_PortionAtFairValueFairValueDisclosureMember_d6236711-d510-463f-9fd8-163bd7e664e3" xlink:href="https://xbrl.fasb.org/us-gaap/2024/elts/us-gaap-2024.xsd#us-gaap_PortionAtFairValueFairValueDisclosureMember"/>
    <link:presentationArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaap_FairValueDisclosureItemAmountsDomain_137c3ac8-8e38-4ebf-91ef-10c9f4bcc4c8" xlink:to="loc_us-gaap_PortionAtFairValueFairValueDisclosureMember_d6236711-d510-463f-9fd8-163bd7e664e3" xlink:type="arc" preferredLabel="http://www.xbrl.org/2003/role/terseLabel"/>
    <link:loc xlink:type="locator" xlink:label="loc_us-gaap_CarryingReportedAmountFairValueDisclosureMember_b648a4c7-5db0-45fa-89e2-e69ae5158d2a" xlink:href="https://xbrl.fasb.org/us-gaap/2024/elts/us-gaap-2024.xsd#us-gaap_CarryingReportedAmountFairValueDisclosureMember"/>
    <link:presentationArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaap_PortionAtFairValueFairValueDisclosureMember_d6236711-d510-463f-9fd8-163bd7e664e3" xlink:to="loc_us-gaap_CarryingReportedAmountFairValueDisclosureMember_b648a4c7-5db0-45fa-89e2-e69ae5158d2a" xlink:type="arc" preferredLabel="http://www.xbrl.org/2003/role/terseLabel"/>
    <link:loc xlink:type="locator" xlink:label="loc_us-gaap_EstimateOfFairValueFairValueDisclosureMember_2c5cbb9f-b8c6-41e8-807a-06ed699a06b0" xlink:href="https://xbrl.fasb.org/us-gaap/2024/elts/us-gaap-2024.xsd#us-gaap_EstimateOfFairValueFairValueDisclosureMember"/>
    <link:presentationArc order="2" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaap_PortionAtFairValueFairValueDisclosureMember_d6236711-d510-463f-9fd8-163bd7e664e3" xlink:to="loc_us-gaap_EstimateOfFairValueFairValueDisclosureMember_2c5cbb9f-b8c6-41e8-807a-06ed699a06b0" xlink:type="arc" preferredLabel="http://www.xbrl.org/2003/role/terseLabel"/>
    <link:loc xlink:type="locator" xlink:label="loc_us-gaap_FairValueBalanceSheetGroupingFinancialStatementCaptionsLineItems_3285fa12-da6a-4efe-a91b-9cc316e51aa4" xlink:href="https://xbrl.fasb.org/us-gaap/2024/elts/us-gaap-2024.xsd#us-gaap_FairValueBalanceSheetGroupingFinancialStatementCaptionsLineItems"/>
    <link:presentationArc order="3" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaap_FairValueByBalanceSheetGroupingTable_fbb61b68-60a7-4be2-bd27-cf41308431a3" xlink:to="loc_us-gaap_FairValueBalanceSheetGroupingFinancialStatementCaptionsLineItems_3285fa12-da6a-4efe-a91b-9cc316e51aa4" xlink:type="arc" preferredLabel="http://www.xbrl.org/2003/role/terseLabel"/>
    <link:loc xlink:type="locator" xlink:label="loc_us-gaap_LongTermDebtFairValue_920865b6-3123-462c-a726-4ec9afd9546a" xlink:href="https://xbrl.fasb.org/us-gaap/2024/elts/us-gaap-2024.xsd#us-gaap_LongTermDebtFairValue"/>
    <link:presentationArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaap_FairValueBalanceSheetGroupingFinancialStatementCaptionsLineItems_3285fa12-da6a-4efe-a91b-9cc316e51aa4" xlink:to="loc_us-gaap_LongTermDebtFairValue_920865b6-3123-462c-a726-4ec9afd9546a" 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-20240930.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_e562c0c6-74c3-446f-88ab-0b439c170af2" xlink:href="https://xbrl.fasb.org/us-gaap/2024/elts/us-gaap-2024.xsd#us-gaap_FairValueDisclosuresAbstract"/>
    <link:loc xlink:type="locator" xlink:label="loc_us-gaap_FairValueByBalanceSheetGroupingTable_7fc006f7-a63a-4ebe-8b01-958ea74634f1" xlink:href="https://xbrl.fasb.org/us-gaap/2024/elts/us-gaap-2024.xsd#us-gaap_FairValueByBalanceSheetGroupingTable"/>
    <link:presentationArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaap_FairValueDisclosuresAbstract_e562c0c6-74c3-446f-88ab-0b439c170af2" xlink:to="loc_us-gaap_FairValueByBalanceSheetGroupingTable_7fc006f7-a63a-4ebe-8b01-958ea74634f1" xlink:type="arc" preferredLabel="http://www.xbrl.org/2003/role/terseLabel"/>
    <link:loc xlink:type="locator" xlink:label="loc_us-gaap_DebtInstrumentAxis_0a6beb66-7680-49ae-962e-5a9a500aa31e" xlink:href="https://xbrl.fasb.org/us-gaap/2024/elts/us-gaap-2024.xsd#us-gaap_DebtInstrumentAxis"/>
    <link:presentationArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaap_FairValueByBalanceSheetGroupingTable_7fc006f7-a63a-4ebe-8b01-958ea74634f1" xlink:to="loc_us-gaap_DebtInstrumentAxis_0a6beb66-7680-49ae-962e-5a9a500aa31e" xlink:type="arc" preferredLabel="http://www.xbrl.org/2003/role/terseLabel"/>
    <link:loc xlink:type="locator" xlink:label="loc_us-gaap_DebtInstrumentNameDomain_5de9037f-3014-4bc8-8e20-d732ad8dc3bf" xlink:href="https://xbrl.fasb.org/us-gaap/2024/elts/us-gaap-2024.xsd#us-gaap_DebtInstrumentNameDomain"/>
    <link:presentationArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaap_DebtInstrumentAxis_0a6beb66-7680-49ae-962e-5a9a500aa31e" xlink:to="loc_us-gaap_DebtInstrumentNameDomain_5de9037f-3014-4bc8-8e20-d732ad8dc3bf" xlink:type="arc" preferredLabel="http://www.xbrl.org/2003/role/terseLabel"/>
    <link:loc xlink:type="locator" xlink:label="loc_frt_HobokenMember_70c825fd-f2f7-4202-93ab-3d34e669789f" xlink:href="frt-20240930.xsd#frt_HobokenMember"/>
    <link:presentationArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaap_DebtInstrumentNameDomain_5de9037f-3014-4bc8-8e20-d732ad8dc3bf" xlink:to="loc_frt_HobokenMember_70c825fd-f2f7-4202-93ab-3d34e669789f" xlink:type="arc" preferredLabel="http://www.xbrl.org/2003/role/terseLabel"/>
    <link:loc xlink:type="locator" xlink:label="loc_frt_BethesdaRowMember_4bb5eefe-0fa4-47d6-ab80-47883954c1f6" xlink:href="frt-20240930.xsd#frt_BethesdaRowMember"/>
    <link:presentationArc order="2" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaap_DebtInstrumentNameDomain_5de9037f-3014-4bc8-8e20-d732ad8dc3bf" xlink:to="loc_frt_BethesdaRowMember_4bb5eefe-0fa4-47d6-ab80-47883954c1f6" xlink:type="arc" preferredLabel="http://www.xbrl.org/2003/role/terseLabel"/>
    <link:loc xlink:type="locator" xlink:label="loc_us-gaap_LongtermDebtTypeAxis_20dc8c0f-afc8-4290-8fa6-252c198d652f" xlink:href="https://xbrl.fasb.org/us-gaap/2024/elts/us-gaap-2024.xsd#us-gaap_LongtermDebtTypeAxis"/>
    <link:presentationArc order="2" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaap_FairValueByBalanceSheetGroupingTable_7fc006f7-a63a-4ebe-8b01-958ea74634f1" xlink:to="loc_us-gaap_LongtermDebtTypeAxis_20dc8c0f-afc8-4290-8fa6-252c198d652f" xlink:type="arc" preferredLabel="http://www.xbrl.org/2003/role/terseLabel"/>
    <link:loc xlink:type="locator" xlink:label="loc_us-gaap_LongtermDebtTypeDomain_0ac069ec-b1e3-406c-9a3d-32af12156012" xlink:href="https://xbrl.fasb.org/us-gaap/2024/elts/us-gaap-2024.xsd#us-gaap_LongtermDebtTypeDomain"/>
    <link:presentationArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaap_LongtermDebtTypeAxis_20dc8c0f-afc8-4290-8fa6-252c198d652f" xlink:to="loc_us-gaap_LongtermDebtTypeDomain_0ac069ec-b1e3-406c-9a3d-32af12156012" xlink:type="arc" preferredLabel="http://www.xbrl.org/2003/role/verboseLabel"/>
    <link:loc xlink:type="locator" xlink:label="loc_us-gaap_SecuredDebtMember_de0381ca-d523-4c27-8d59-79646d2d8bdd" xlink:href="https://xbrl.fasb.org/us-gaap/2024/elts/us-gaap-2024.xsd#us-gaap_SecuredDebtMember"/>
    <link:presentationArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaap_LongtermDebtTypeDomain_0ac069ec-b1e3-406c-9a3d-32af12156012" xlink:to="loc_us-gaap_SecuredDebtMember_de0381ca-d523-4c27-8d59-79646d2d8bdd" xlink:type="arc" preferredLabel="http://www.xbrl.org/2003/role/terseLabel"/>
    <link:loc xlink:type="locator" xlink:label="loc_us-gaap_FairValueByMeasurementFrequencyAxis_753b6cde-c599-469e-b7f6-aba5b84eaf18" xlink:href="https://xbrl.fasb.org/us-gaap/2024/elts/us-gaap-2024.xsd#us-gaap_FairValueByMeasurementFrequencyAxis"/>
    <link:presentationArc order="3" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaap_FairValueByBalanceSheetGroupingTable_7fc006f7-a63a-4ebe-8b01-958ea74634f1" xlink:to="loc_us-gaap_FairValueByMeasurementFrequencyAxis_753b6cde-c599-469e-b7f6-aba5b84eaf18" xlink:type="arc" preferredLabel="http://www.xbrl.org/2003/role/terseLabel"/>
    <link:loc xlink:type="locator" xlink:label="loc_us-gaap_FairValueMeasurementFrequencyDomain_288f8b67-f455-4717-9ada-13f2cbcb217d" xlink:href="https://xbrl.fasb.org/us-gaap/2024/elts/us-gaap-2024.xsd#us-gaap_FairValueMeasurementFrequencyDomain"/>
    <link:presentationArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaap_FairValueByMeasurementFrequencyAxis_753b6cde-c599-469e-b7f6-aba5b84eaf18" xlink:to="loc_us-gaap_FairValueMeasurementFrequencyDomain_288f8b67-f455-4717-9ada-13f2cbcb217d" xlink:type="arc" preferredLabel="http://www.xbrl.org/2003/role/terseLabel"/>
    <link:loc xlink:type="locator" xlink:label="loc_us-gaap_FairValueMeasurementsRecurringMember_609bb686-a67f-4a83-ad31-474282bb1e89" xlink:href="https://xbrl.fasb.org/us-gaap/2024/elts/us-gaap-2024.xsd#us-gaap_FairValueMeasurementsRecurringMember"/>
    <link:presentationArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaap_FairValueMeasurementFrequencyDomain_288f8b67-f455-4717-9ada-13f2cbcb217d" xlink:to="loc_us-gaap_FairValueMeasurementsRecurringMember_609bb686-a67f-4a83-ad31-474282bb1e89" xlink:type="arc" preferredLabel="http://www.xbrl.org/2003/role/terseLabel"/>
    <link:loc xlink:type="locator" xlink:label="loc_us-gaap_DerivativeInstrumentRiskAxis_183e8629-3ce4-4768-843a-678e648b7a5c" xlink:href="https://xbrl.fasb.org/us-gaap/2024/elts/us-gaap-2024.xsd#us-gaap_DerivativeInstrumentRiskAxis"/>
    <link:presentationArc order="4" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaap_FairValueByBalanceSheetGroupingTable_7fc006f7-a63a-4ebe-8b01-958ea74634f1" xlink:to="loc_us-gaap_DerivativeInstrumentRiskAxis_183e8629-3ce4-4768-843a-678e648b7a5c" xlink:type="arc" preferredLabel="http://www.xbrl.org/2003/role/terseLabel"/>
    <link:loc xlink:type="locator" xlink:label="loc_us-gaap_DerivativeContractTypeDomain_d47e9960-5c21-4942-8bd4-a90642fbc162" xlink:href="https://xbrl.fasb.org/us-gaap/2024/elts/us-gaap-2024.xsd#us-gaap_DerivativeContractTypeDomain"/>
    <link:presentationArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaap_DerivativeInstrumentRiskAxis_183e8629-3ce4-4768-843a-678e648b7a5c" xlink:to="loc_us-gaap_DerivativeContractTypeDomain_d47e9960-5c21-4942-8bd4-a90642fbc162" xlink:type="arc" preferredLabel="http://www.xbrl.org/2003/role/terseLabel"/>
    <link:loc xlink:type="locator" xlink:label="loc_us-gaap_InterestRateSwapMember_5ff95007-cd52-4cd1-ad30-bffb50da213e" xlink:href="https://xbrl.fasb.org/us-gaap/2024/elts/us-gaap-2024.xsd#us-gaap_InterestRateSwapMember"/>
    <link:presentationArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaap_DerivativeContractTypeDomain_d47e9960-5c21-4942-8bd4-a90642fbc162" xlink:to="loc_us-gaap_InterestRateSwapMember_5ff95007-cd52-4cd1-ad30-bffb50da213e" xlink:type="arc" preferredLabel="http://www.xbrl.org/2003/role/terseLabel"/>
    <link:loc xlink:type="locator" xlink:label="loc_us-gaap_StatementEquityComponentsAxis_8a08f7ac-217b-4561-9ec9-944c26ccf7a6" xlink:href="https://xbrl.fasb.org/us-gaap/2024/elts/us-gaap-2024.xsd#us-gaap_StatementEquityComponentsAxis"/>
    <link:presentationArc order="5" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaap_FairValueByBalanceSheetGroupingTable_7fc006f7-a63a-4ebe-8b01-958ea74634f1" xlink:to="loc_us-gaap_StatementEquityComponentsAxis_8a08f7ac-217b-4561-9ec9-944c26ccf7a6" xlink:type="arc" preferredLabel="http://www.xbrl.org/2003/role/terseLabel"/>
    <link:loc xlink:type="locator" xlink:label="loc_us-gaap_EquityComponentDomain_9fb00f72-511b-439d-b364-98e1fa927184" xlink:href="https://xbrl.fasb.org/us-gaap/2024/elts/us-gaap-2024.xsd#us-gaap_EquityComponentDomain"/>
    <link:presentationArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaap_StatementEquityComponentsAxis_8a08f7ac-217b-4561-9ec9-944c26ccf7a6" xlink:to="loc_us-gaap_EquityComponentDomain_9fb00f72-511b-439d-b364-98e1fa927184" xlink:type="arc" preferredLabel="http://www.xbrl.org/2003/role/terseLabel"/>
    <link:loc xlink:type="locator" xlink:label="loc_us-gaap_AccumulatedOtherComprehensiveIncomeMember_ca8ee739-0e1c-4424-9da4-681b71144d6f" xlink:href="https://xbrl.fasb.org/us-gaap/2024/elts/us-gaap-2024.xsd#us-gaap_AccumulatedOtherComprehensiveIncomeMember"/>
    <link:presentationArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaap_EquityComponentDomain_9fb00f72-511b-439d-b364-98e1fa927184" xlink:to="loc_us-gaap_AccumulatedOtherComprehensiveIncomeMember_ca8ee739-0e1c-4424-9da4-681b71144d6f" xlink:type="arc" preferredLabel="http://www.xbrl.org/2003/role/verboseLabel"/>
    <link:loc xlink:type="locator" xlink:label="loc_us-gaap_RelatedPartyTransactionsByRelatedPartyAxis_d4ebe91f-2efe-4c96-89f2-399f70afa888" xlink:href="https://xbrl.fasb.org/us-gaap/2024/elts/us-gaap-2024.xsd#us-gaap_RelatedPartyTransactionsByRelatedPartyAxis"/>
    <link:presentationArc order="6" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaap_FairValueByBalanceSheetGroupingTable_7fc006f7-a63a-4ebe-8b01-958ea74634f1" xlink:to="loc_us-gaap_RelatedPartyTransactionsByRelatedPartyAxis_d4ebe91f-2efe-4c96-89f2-399f70afa888" xlink:type="arc" preferredLabel="http://www.xbrl.org/2003/role/terseLabel"/>
    <link:loc xlink:type="locator" xlink:label="loc_us-gaap_RelatedPartyDomain_32c1a01f-8000-47fa-962b-4687daca5ea7" xlink:href="https://xbrl.fasb.org/us-gaap/2024/elts/us-gaap-2024.xsd#us-gaap_RelatedPartyDomain"/>
    <link:presentationArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaap_RelatedPartyTransactionsByRelatedPartyAxis_d4ebe91f-2efe-4c96-89f2-399f70afa888" xlink:to="loc_us-gaap_RelatedPartyDomain_32c1a01f-8000-47fa-962b-4687daca5ea7" xlink:type="arc" preferredLabel="http://www.xbrl.org/2003/role/terseLabel"/>
    <link:loc xlink:type="locator" xlink:label="loc_us-gaap_EquityMethodInvesteeMember_18013671-1ec2-4c12-951e-b408da23fce2" xlink:href="https://xbrl.fasb.org/us-gaap/2024/elts/us-gaap-2024.xsd#us-gaap_EquityMethodInvesteeMember"/>
    <link:presentationArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaap_RelatedPartyDomain_32c1a01f-8000-47fa-962b-4687daca5ea7" xlink:to="loc_us-gaap_EquityMethodInvesteeMember_18013671-1ec2-4c12-951e-b408da23fce2" xlink:type="arc" preferredLabel="http://www.xbrl.org/2003/role/terseLabel"/>
    <link:loc xlink:type="locator" xlink:label="loc_us-gaap_FairValueBalanceSheetGroupingFinancialStatementCaptionsLineItems_044d4cf1-c14f-4882-8c49-c4494b4b37cb" xlink:href="https://xbrl.fasb.org/us-gaap/2024/elts/us-gaap-2024.xsd#us-gaap_FairValueBalanceSheetGroupingFinancialStatementCaptionsLineItems"/>
    <link:presentationArc order="7" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaap_FairValueByBalanceSheetGroupingTable_7fc006f7-a63a-4ebe-8b01-958ea74634f1" xlink:to="loc_us-gaap_FairValueBalanceSheetGroupingFinancialStatementCaptionsLineItems_044d4cf1-c14f-4882-8c49-c4494b4b37cb" xlink:type="arc" preferredLabel="http://www.xbrl.org/2003/role/terseLabel"/>
    <link:loc xlink:type="locator" xlink:label="loc_us-gaap_NumberOfInterestRateDerivativesHeld_e33fdfa7-ec08-4793-a624-4d2720e05d52" xlink:href="https://xbrl.fasb.org/us-gaap/2024/elts/us-gaap-2024.xsd#us-gaap_NumberOfInterestRateDerivativesHeld"/>
    <link:presentationArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaap_FairValueBalanceSheetGroupingFinancialStatementCaptionsLineItems_044d4cf1-c14f-4882-8c49-c4494b4b37cb" xlink:to="loc_us-gaap_NumberOfInterestRateDerivativesHeld_e33fdfa7-ec08-4793-a624-4d2720e05d52" xlink:type="arc" preferredLabel="http://www.xbrl.org/2003/role/verboseLabel"/>
    <link:loc xlink:type="locator" xlink:label="loc_us-gaap_DerivativeNotionalAmount_602508bf-6ba9-4057-b8c7-126554bb8e7a" xlink:href="https://xbrl.fasb.org/us-gaap/2024/elts/us-gaap-2024.xsd#us-gaap_DerivativeNotionalAmount"/>
    <link:presentationArc order="2" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaap_FairValueBalanceSheetGroupingFinancialStatementCaptionsLineItems_044d4cf1-c14f-4882-8c49-c4494b4b37cb" xlink:to="loc_us-gaap_DerivativeNotionalAmount_602508bf-6ba9-4057-b8c7-126554bb8e7a" xlink:type="arc" preferredLabel="http://www.xbrl.org/2003/role/terseLabel"/>
    <link:loc xlink:type="locator" xlink:label="loc_us-gaap_DebtInstrumentCarryingAmount_793a0bfd-669f-49c0-bcb7-df96ca73daea" xlink:href="https://xbrl.fasb.org/us-gaap/2024/elts/us-gaap-2024.xsd#us-gaap_DebtInstrumentCarryingAmount"/>
    <link:presentationArc order="3" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaap_FairValueBalanceSheetGroupingFinancialStatementCaptionsLineItems_044d4cf1-c14f-4882-8c49-c4494b4b37cb" xlink:to="loc_us-gaap_DebtInstrumentCarryingAmount_793a0bfd-669f-49c0-bcb7-df96ca73daea" xlink:type="arc" preferredLabel="http://www.xbrl.org/2003/role/terseLabel"/>
    <link:loc xlink:type="locator" xlink:label="loc_us-gaap_DerivativeFixedInterestRate_77d1c716-b4d4-40d1-8421-7bb8eb9b9437" xlink:href="https://xbrl.fasb.org/us-gaap/2024/elts/us-gaap-2024.xsd#us-gaap_DerivativeFixedInterestRate"/>
    <link:presentationArc order="4" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaap_FairValueBalanceSheetGroupingFinancialStatementCaptionsLineItems_044d4cf1-c14f-4882-8c49-c4494b4b37cb" xlink:to="loc_us-gaap_DerivativeFixedInterestRate_77d1c716-b4d4-40d1-8421-7bb8eb9b9437" xlink:type="arc" preferredLabel="http://www.xbrl.org/2003/role/terseLabel"/>
    <link:loc xlink:type="locator" xlink:label="loc_us-gaap_OtherComprehensiveIncomeLossNetOfTax_4be53967-73db-47f2-a6d8-a9e4b13d298d" xlink:href="https://xbrl.fasb.org/us-gaap/2024/elts/us-gaap-2024.xsd#us-gaap_OtherComprehensiveIncomeLossNetOfTax"/>
    <link:presentationArc order="5" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaap_FairValueBalanceSheetGroupingFinancialStatementCaptionsLineItems_044d4cf1-c14f-4882-8c49-c4494b4b37cb" xlink:to="loc_us-gaap_OtherComprehensiveIncomeLossNetOfTax_4be53967-73db-47f2-a6d8-a9e4b13d298d" xlink:type="arc" preferredLabel="http://www.xbrl.org/2003/role/terseLabel"/>
    <link:loc xlink:type="locator" xlink:label="loc_us-gaap_InterestRateCashFlowHedgeGainLossReclassifiedToEarningsNet_b9828827-b063-4056-a2e7-881e3800259e" xlink:href="https://xbrl.fasb.org/us-gaap/2024/elts/us-gaap-2024.xsd#us-gaap_InterestRateCashFlowHedgeGainLossReclassifiedToEarningsNet"/>
    <link:presentationArc order="6" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaap_FairValueBalanceSheetGroupingFinancialStatementCaptionsLineItems_044d4cf1-c14f-4882-8c49-c4494b4b37cb" xlink:to="loc_us-gaap_InterestRateCashFlowHedgeGainLossReclassifiedToEarningsNet_b9828827-b063-4056-a2e7-881e3800259e" xlink:type="arc" preferredLabel="http://www.xbrl.org/2003/role/terseLabel"/>
    <link:loc xlink:type="locator" xlink:label="loc_us-gaap_DerivativeAssets_50cba60b-7d86-4734-a200-4926ac38b597" xlink:href="https://xbrl.fasb.org/us-gaap/2024/elts/us-gaap-2024.xsd#us-gaap_DerivativeAssets"/>
    <link:presentationArc order="7" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaap_FairValueBalanceSheetGroupingFinancialStatementCaptionsLineItems_044d4cf1-c14f-4882-8c49-c4494b4b37cb" xlink:to="loc_us-gaap_DerivativeAssets_50cba60b-7d86-4734-a200-4926ac38b597" 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-20240930.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_a0757507-33e3-4f4a-bc07-c2be0e52ea0c" xlink:href="https://xbrl.fasb.org/us-gaap/2024/elts/us-gaap-2024.xsd#us-gaap_FairValueDisclosuresAbstract"/>
    <link:loc xlink:type="locator" xlink:label="loc_us-gaap_FairValueAssetsAndLiabilitiesMeasuredOnRecurringAndNonrecurringBasisTable_85f3d6d7-5533-4b8a-9146-ef22c7c853d3" xlink:href="https://xbrl.fasb.org/us-gaap/2024/elts/us-gaap-2024.xsd#us-gaap_FairValueAssetsAndLiabilitiesMeasuredOnRecurringAndNonrecurringBasisTable"/>
    <link:presentationArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaap_FairValueDisclosuresAbstract_a0757507-33e3-4f4a-bc07-c2be0e52ea0c" xlink:to="loc_us-gaap_FairValueAssetsAndLiabilitiesMeasuredOnRecurringAndNonrecurringBasisTable_85f3d6d7-5533-4b8a-9146-ef22c7c853d3" xlink:type="arc" preferredLabel="http://www.xbrl.org/2003/role/terseLabel"/>
    <link:loc xlink:type="locator" xlink:label="loc_us-gaap_DerivativeInstrumentRiskAxis_153a44bb-7cc7-4777-8cf3-f9c80a6385e8" xlink:href="https://xbrl.fasb.org/us-gaap/2024/elts/us-gaap-2024.xsd#us-gaap_DerivativeInstrumentRiskAxis"/>
    <link:presentationArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaap_FairValueAssetsAndLiabilitiesMeasuredOnRecurringAndNonrecurringBasisTable_85f3d6d7-5533-4b8a-9146-ef22c7c853d3" xlink:to="loc_us-gaap_DerivativeInstrumentRiskAxis_153a44bb-7cc7-4777-8cf3-f9c80a6385e8" xlink:type="arc" preferredLabel="http://www.xbrl.org/2003/role/terseLabel"/>
    <link:loc xlink:type="locator" xlink:label="loc_us-gaap_DerivativeContractTypeDomain_873e0673-ab3f-4ccc-864d-1194fda727d4" xlink:href="https://xbrl.fasb.org/us-gaap/2024/elts/us-gaap-2024.xsd#us-gaap_DerivativeContractTypeDomain"/>
    <link:presentationArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaap_DerivativeInstrumentRiskAxis_153a44bb-7cc7-4777-8cf3-f9c80a6385e8" xlink:to="loc_us-gaap_DerivativeContractTypeDomain_873e0673-ab3f-4ccc-864d-1194fda727d4" xlink:type="arc" preferredLabel="http://www.xbrl.org/2003/role/terseLabel"/>
    <link:loc xlink:type="locator" xlink:label="loc_us-gaap_InterestRateSwapMember_2e4a5139-0cdc-4ec8-8c42-b5fdc03b9b64" xlink:href="https://xbrl.fasb.org/us-gaap/2024/elts/us-gaap-2024.xsd#us-gaap_InterestRateSwapMember"/>
    <link:presentationArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaap_DerivativeContractTypeDomain_873e0673-ab3f-4ccc-864d-1194fda727d4" xlink:to="loc_us-gaap_InterestRateSwapMember_2e4a5139-0cdc-4ec8-8c42-b5fdc03b9b64" xlink:type="arc" preferredLabel="http://www.xbrl.org/2003/role/terseLabel"/>
    <link:loc xlink:type="locator" xlink:label="loc_us-gaap_FairValueByFairValueHierarchyLevelAxis_11a928c9-8564-467a-bd9b-295e9235e1c3" xlink:href="https://xbrl.fasb.org/us-gaap/2024/elts/us-gaap-2024.xsd#us-gaap_FairValueByFairValueHierarchyLevelAxis"/>
    <link:presentationArc order="2" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaap_FairValueAssetsAndLiabilitiesMeasuredOnRecurringAndNonrecurringBasisTable_85f3d6d7-5533-4b8a-9146-ef22c7c853d3" xlink:to="loc_us-gaap_FairValueByFairValueHierarchyLevelAxis_11a928c9-8564-467a-bd9b-295e9235e1c3" xlink:type="arc" preferredLabel="http://www.xbrl.org/2003/role/terseLabel"/>
    <link:loc xlink:type="locator" xlink:label="loc_us-gaap_FairValueMeasurementsFairValueHierarchyDomain_32c02268-42c2-405a-8dec-5521e2140e37" xlink:href="https://xbrl.fasb.org/us-gaap/2024/elts/us-gaap-2024.xsd#us-gaap_FairValueMeasurementsFairValueHierarchyDomain"/>
    <link:presentationArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaap_FairValueByFairValueHierarchyLevelAxis_11a928c9-8564-467a-bd9b-295e9235e1c3" xlink:to="loc_us-gaap_FairValueMeasurementsFairValueHierarchyDomain_32c02268-42c2-405a-8dec-5521e2140e37" xlink:type="arc" preferredLabel="http://www.xbrl.org/2003/role/terseLabel"/>
    <link:loc xlink:type="locator" xlink:label="loc_us-gaap_FairValueInputsLevel1Member_ab7a65d4-95d3-4311-9857-bcb60b946ea4" xlink:href="https://xbrl.fasb.org/us-gaap/2024/elts/us-gaap-2024.xsd#us-gaap_FairValueInputsLevel1Member"/>
    <link:presentationArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaap_FairValueMeasurementsFairValueHierarchyDomain_32c02268-42c2-405a-8dec-5521e2140e37" xlink:to="loc_us-gaap_FairValueInputsLevel1Member_ab7a65d4-95d3-4311-9857-bcb60b946ea4" xlink:type="arc" preferredLabel="http://www.xbrl.org/2003/role/terseLabel"/>
    <link:loc xlink:type="locator" xlink:label="loc_us-gaap_FairValueInputsLevel2Member_1f6b0236-d2f5-44d0-b9f5-275957cbc427" xlink:href="https://xbrl.fasb.org/us-gaap/2024/elts/us-gaap-2024.xsd#us-gaap_FairValueInputsLevel2Member"/>
    <link:presentationArc order="2" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaap_FairValueMeasurementsFairValueHierarchyDomain_32c02268-42c2-405a-8dec-5521e2140e37" xlink:to="loc_us-gaap_FairValueInputsLevel2Member_1f6b0236-d2f5-44d0-b9f5-275957cbc427" xlink:type="arc" preferredLabel="http://www.xbrl.org/2003/role/terseLabel"/>
    <link:loc xlink:type="locator" xlink:label="loc_us-gaap_FairValueInputsLevel3Member_809a13c7-5b62-448d-b2c2-5607049fce39" xlink:href="https://xbrl.fasb.org/us-gaap/2024/elts/us-gaap-2024.xsd#us-gaap_FairValueInputsLevel3Member"/>
    <link:presentationArc order="3" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaap_FairValueMeasurementsFairValueHierarchyDomain_32c02268-42c2-405a-8dec-5521e2140e37" xlink:to="loc_us-gaap_FairValueInputsLevel3Member_809a13c7-5b62-448d-b2c2-5607049fce39" xlink:type="arc" preferredLabel="http://www.xbrl.org/2003/role/terseLabel"/>
    <link:loc xlink:type="locator" xlink:label="loc_us-gaap_FairValueByMeasurementFrequencyAxis_6465b365-f876-4438-80cf-f7ae371f38bb" xlink:href="https://xbrl.fasb.org/us-gaap/2024/elts/us-gaap-2024.xsd#us-gaap_FairValueByMeasurementFrequencyAxis"/>
    <link:presentationArc order="3" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaap_FairValueAssetsAndLiabilitiesMeasuredOnRecurringAndNonrecurringBasisTable_85f3d6d7-5533-4b8a-9146-ef22c7c853d3" xlink:to="loc_us-gaap_FairValueByMeasurementFrequencyAxis_6465b365-f876-4438-80cf-f7ae371f38bb" xlink:type="arc" preferredLabel="http://www.xbrl.org/2003/role/terseLabel"/>
    <link:loc xlink:type="locator" xlink:label="loc_us-gaap_FairValueMeasurementFrequencyDomain_ce0abb39-3b95-40f4-8641-5bb7d3f184a8" xlink:href="https://xbrl.fasb.org/us-gaap/2024/elts/us-gaap-2024.xsd#us-gaap_FairValueMeasurementFrequencyDomain"/>
    <link:presentationArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaap_FairValueByMeasurementFrequencyAxis_6465b365-f876-4438-80cf-f7ae371f38bb" xlink:to="loc_us-gaap_FairValueMeasurementFrequencyDomain_ce0abb39-3b95-40f4-8641-5bb7d3f184a8" xlink:type="arc" preferredLabel="http://www.xbrl.org/2003/role/terseLabel"/>
    <link:loc xlink:type="locator" xlink:label="loc_us-gaap_FairValueMeasurementsRecurringMember_75da3c07-497d-46e7-9d3a-9c32eaf1b94d" xlink:href="https://xbrl.fasb.org/us-gaap/2024/elts/us-gaap-2024.xsd#us-gaap_FairValueMeasurementsRecurringMember"/>
    <link:presentationArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaap_FairValueMeasurementFrequencyDomain_ce0abb39-3b95-40f4-8641-5bb7d3f184a8" xlink:to="loc_us-gaap_FairValueMeasurementsRecurringMember_75da3c07-497d-46e7-9d3a-9c32eaf1b94d" xlink:type="arc" preferredLabel="http://www.xbrl.org/2003/role/terseLabel"/>
    <link:loc xlink:type="locator" xlink:label="loc_us-gaap_FairValueAssetsAndLiabilitiesMeasuredOnRecurringAndNonrecurringBasisLineItems_d8ea00cc-a757-47fc-85ca-78b6787d2bb5" xlink:href="https://xbrl.fasb.org/us-gaap/2024/elts/us-gaap-2024.xsd#us-gaap_FairValueAssetsAndLiabilitiesMeasuredOnRecurringAndNonrecurringBasisLineItems"/>
    <link:presentationArc order="4" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaap_FairValueAssetsAndLiabilitiesMeasuredOnRecurringAndNonrecurringBasisTable_85f3d6d7-5533-4b8a-9146-ef22c7c853d3" xlink:to="loc_us-gaap_FairValueAssetsAndLiabilitiesMeasuredOnRecurringAndNonrecurringBasisLineItems_d8ea00cc-a757-47fc-85ca-78b6787d2bb5" xlink:type="arc" preferredLabel="http://www.xbrl.org/2003/role/terseLabel"/>
    <link:loc xlink:type="locator" xlink:label="loc_us-gaap_DerivativeAssets_4e55009c-86ed-4824-9daa-6fc17369d9a4" xlink:href="https://xbrl.fasb.org/us-gaap/2024/elts/us-gaap-2024.xsd#us-gaap_DerivativeAssets"/>
    <link:presentationArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaap_FairValueAssetsAndLiabilitiesMeasuredOnRecurringAndNonrecurringBasisLineItems_d8ea00cc-a757-47fc-85ca-78b6787d2bb5" xlink:to="loc_us-gaap_DerivativeAssets_4e55009c-86ed-4824-9daa-6fc17369d9a4" 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-20240930.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_78ba7c65-0ce6-406b-8c92-38dff32db055" xlink:href="https://xbrl.fasb.org/us-gaap/2024/elts/us-gaap-2024.xsd#us-gaap_CommitmentsAndContingenciesDisclosureAbstract"/>
    <link:loc xlink:type="locator" xlink:label="loc_us-gaap_OtherCommitmentsTable_42269132-6f5e-493e-9fb8-3736ff533ead" xlink:href="https://xbrl.fasb.org/us-gaap/2024/elts/us-gaap-2024.xsd#us-gaap_OtherCommitmentsTable"/>
    <link:presentationArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaap_CommitmentsAndContingenciesDisclosureAbstract_78ba7c65-0ce6-406b-8c92-38dff32db055" xlink:to="loc_us-gaap_OtherCommitmentsTable_42269132-6f5e-493e-9fb8-3736ff533ead" xlink:type="arc" preferredLabel="http://www.xbrl.org/2003/role/terseLabel"/>
    <link:loc xlink:type="locator" xlink:label="loc_srt_RealEstateAndAccumulatedDepreciationDescriptionOfPropertyAxis_2cfead2d-a018-45c4-a776-339c97feba69" xlink:href="https://xbrl.fasb.org/srt/2024/elts/srt-2024.xsd#srt_RealEstateAndAccumulatedDepreciationDescriptionOfPropertyAxis"/>
    <link:presentationArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaap_OtherCommitmentsTable_42269132-6f5e-493e-9fb8-3736ff533ead" xlink:to="loc_srt_RealEstateAndAccumulatedDepreciationDescriptionOfPropertyAxis_2cfead2d-a018-45c4-a776-339c97feba69" xlink:type="arc" preferredLabel="http://www.xbrl.org/2003/role/terseLabel"/>
    <link:loc xlink:type="locator" xlink:label="loc_srt_RealEstateAndAccumulatedDepreciationNameOfPropertyDomain_4dd234a1-b532-4ee9-951d-459e38ee1e56" xlink:href="https://xbrl.fasb.org/srt/2024/elts/srt-2024.xsd#srt_RealEstateAndAccumulatedDepreciationNameOfPropertyDomain"/>
    <link:presentationArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_srt_RealEstateAndAccumulatedDepreciationDescriptionOfPropertyAxis_2cfead2d-a018-45c4-a776-339c97feba69" xlink:to="loc_srt_RealEstateAndAccumulatedDepreciationNameOfPropertyDomain_4dd234a1-b532-4ee9-951d-459e38ee1e56" xlink:type="arc" preferredLabel="http://www.xbrl.org/2003/role/terseLabel"/>
    <link:loc xlink:type="locator" xlink:label="loc_frt_CocoWalkMember_dc1cdece-5ede-4aa7-a3ad-eee405d0923e" xlink:href="frt-20240930.xsd#frt_CocoWalkMember"/>
    <link:presentationArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_srt_RealEstateAndAccumulatedDepreciationNameOfPropertyDomain_4dd234a1-b532-4ee9-951d-459e38ee1e56" xlink:to="loc_frt_CocoWalkMember_dc1cdece-5ede-4aa7-a3ad-eee405d0923e" xlink:type="arc" preferredLabel="http://www.xbrl.org/2003/role/terseLabel"/>
    <link:loc xlink:type="locator" xlink:label="loc_frt_ConvertibleUnitTypeAxis_94920a91-edb7-4176-a362-728262fb8235" xlink:href="frt-20240930.xsd#frt_ConvertibleUnitTypeAxis"/>
    <link:presentationArc order="2" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaap_OtherCommitmentsTable_42269132-6f5e-493e-9fb8-3736ff533ead" xlink:to="loc_frt_ConvertibleUnitTypeAxis_94920a91-edb7-4176-a362-728262fb8235" xlink:type="arc" preferredLabel="http://www.xbrl.org/2003/role/terseLabel"/>
    <link:loc xlink:type="locator" xlink:label="loc_frt_ConvertibleUnitTypeDomain_4c11e94f-8c29-4fb6-92df-2f1595d8a766" xlink:href="frt-20240930.xsd#frt_ConvertibleUnitTypeDomain"/>
    <link:presentationArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_frt_ConvertibleUnitTypeAxis_94920a91-edb7-4176-a362-728262fb8235" xlink:to="loc_frt_ConvertibleUnitTypeDomain_4c11e94f-8c29-4fb6-92df-2f1595d8a766" xlink:type="arc" preferredLabel="http://www.xbrl.org/2003/role/terseLabel"/>
    <link:loc xlink:type="locator" xlink:label="loc_frt_DownREITOPUnitsMember_6a856f04-baa4-426a-b468-db1c2fceb9f9" xlink:href="frt-20240930.xsd#frt_DownREITOPUnitsMember"/>
    <link:presentationArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_frt_ConvertibleUnitTypeDomain_4c11e94f-8c29-4fb6-92df-2f1595d8a766" xlink:to="loc_frt_DownREITOPUnitsMember_6a856f04-baa4-426a-b468-db1c2fceb9f9" xlink:type="arc" preferredLabel="http://www.xbrl.org/2003/role/terseLabel"/>
    <link:loc xlink:type="locator" xlink:label="loc_us-gaap_OtherCommitmentsLineItems_e893502c-59ba-4bb9-9be9-23186eb862f1" xlink:href="https://xbrl.fasb.org/us-gaap/2024/elts/us-gaap-2024.xsd#us-gaap_OtherCommitmentsLineItems"/>
    <link:presentationArc order="3" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaap_OtherCommitmentsTable_42269132-6f5e-493e-9fb8-3736ff533ead" xlink:to="loc_us-gaap_OtherCommitmentsLineItems_e893502c-59ba-4bb9-9be9-23186eb862f1" xlink:type="arc" preferredLabel="http://www.xbrl.org/2003/role/terseLabel"/>
    <link:loc xlink:type="locator" xlink:label="loc_frt_NoncontrollingInterestInPartnership_61568edf-5a0e-4fd7-8752-59fab3435e9b" xlink:href="frt-20240930.xsd#frt_NoncontrollingInterestInPartnership"/>
    <link:presentationArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaap_OtherCommitmentsLineItems_e893502c-59ba-4bb9-9be9-23186eb862f1" xlink:to="loc_frt_NoncontrollingInterestInPartnership_61568edf-5a0e-4fd7-8752-59fab3435e9b" xlink:type="arc" preferredLabel="http://www.xbrl.org/2003/role/terseLabel"/>
    <link:loc xlink:type="locator" xlink:label="loc_us-gaap_PaymentsToMinorityShareholders_18f55f46-71b2-4f8c-b736-14cfd6489b04" xlink:href="https://xbrl.fasb.org/us-gaap/2024/elts/us-gaap-2024.xsd#us-gaap_PaymentsToMinorityShareholders"/>
    <link:presentationArc order="2" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaap_OtherCommitmentsLineItems_e893502c-59ba-4bb9-9be9-23186eb862f1" xlink:to="loc_us-gaap_PaymentsToMinorityShareholders_18f55f46-71b2-4f8c-b736-14cfd6489b04" xlink:type="arc" preferredLabel="http://www.xbrl.org/2003/role/terseLabel"/>
    <link:loc xlink:type="locator" xlink:label="loc_frt_OwnershipInterestSubsequentToAcquisition_090215e8-4e3b-4ceb-afb7-5926166f3da7" xlink:href="frt-20240930.xsd#frt_OwnershipInterestSubsequentToAcquisition"/>
    <link:presentationArc order="3" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaap_OtherCommitmentsLineItems_e893502c-59ba-4bb9-9be9-23186eb862f1" xlink:to="loc_frt_OwnershipInterestSubsequentToAcquisition_090215e8-4e3b-4ceb-afb7-5926166f3da7" xlink:type="arc" preferredLabel="http://www.xbrl.org/2003/role/terseLabel"/>
    <link:loc xlink:type="locator" xlink:label="loc_us-gaap_PartnersCapitalAccountUnits_b743d154-0605-45bd-a608-29d4ac35c581" xlink:href="https://xbrl.fasb.org/us-gaap/2024/elts/us-gaap-2024.xsd#us-gaap_PartnersCapitalAccountUnits"/>
    <link:presentationArc order="4" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaap_OtherCommitmentsLineItems_e893502c-59ba-4bb9-9be9-23186eb862f1" xlink:to="loc_us-gaap_PartnersCapitalAccountUnits_b743d154-0605-45bd-a608-29d4ac35c581" xlink:type="arc" preferredLabel="http://www.xbrl.org/2003/role/terseLabel"/>
    <link:loc xlink:type="locator" xlink:label="loc_frt_OperatingPartnershipUnitsFairValue_df986127-1f03-42bb-ab67-c435a403a122" xlink:href="frt-20240930.xsd#frt_OperatingPartnershipUnitsFairValue"/>
    <link:presentationArc order="5" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaap_OtherCommitmentsLineItems_e893502c-59ba-4bb9-9be9-23186eb862f1" xlink:to="loc_frt_OperatingPartnershipUnitsFairValue_df986127-1f03-42bb-ab67-c435a403a122" xlink:type="arc" preferredLabel="http://www.xbrl.org/2003/role/terseLabel"/>
  </link:presentationLink>
  <link:roleRef roleURI="http://www.federalrealty.com/role/ShareholdersEquitySummaryofDividendsDetails" xlink:type="simple" xlink:href="frt-20240930.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_9fc512a1-28e0-4054-91a7-78470e2685db" xlink:href="https://xbrl.fasb.org/us-gaap/2024/elts/us-gaap-2024.xsd#us-gaap_DividendsAbstract"/>
    <link:loc xlink:type="locator" xlink:label="loc_us-gaap_DividendsPayableTable_bb4c4eb5-49a9-4387-a913-2d4cef1a1790" xlink:href="https://xbrl.fasb.org/us-gaap/2024/elts/us-gaap-2024.xsd#us-gaap_DividendsPayableTable"/>
    <link:presentationArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaap_DividendsAbstract_9fc512a1-28e0-4054-91a7-78470e2685db" xlink:to="loc_us-gaap_DividendsPayableTable_bb4c4eb5-49a9-4387-a913-2d4cef1a1790" xlink:type="arc" preferredLabel="http://www.xbrl.org/2003/role/terseLabel"/>
    <link:loc xlink:type="locator" xlink:label="loc_us-gaap_StatementClassOfStockAxis_1286c37b-7ed0-4cc4-90ca-2095cedda755" xlink:href="https://xbrl.fasb.org/us-gaap/2024/elts/us-gaap-2024.xsd#us-gaap_StatementClassOfStockAxis"/>
    <link:presentationArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaap_DividendsPayableTable_bb4c4eb5-49a9-4387-a913-2d4cef1a1790" xlink:to="loc_us-gaap_StatementClassOfStockAxis_1286c37b-7ed0-4cc4-90ca-2095cedda755" xlink:type="arc" preferredLabel="http://www.xbrl.org/2003/role/terseLabel"/>
    <link:loc xlink:type="locator" xlink:label="loc_us-gaap_ClassOfStockDomain_c3bff3da-504d-4192-bdb5-d13a3ce7f54c" xlink:href="https://xbrl.fasb.org/us-gaap/2024/elts/us-gaap-2024.xsd#us-gaap_ClassOfStockDomain"/>
    <link:presentationArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaap_StatementClassOfStockAxis_1286c37b-7ed0-4cc4-90ca-2095cedda755" xlink:to="loc_us-gaap_ClassOfStockDomain_c3bff3da-504d-4192-bdb5-d13a3ce7f54c" xlink:type="arc" preferredLabel="http://www.xbrl.org/2003/role/terseLabel"/>
    <link:loc xlink:type="locator" xlink:label="loc_frt_A5417Series1CumulativeConvertiblePreferredMember_ba7b3aee-22a3-4334-b334-e37964a1f4e1" xlink:href="frt-20240930.xsd#frt_A5417Series1CumulativeConvertiblePreferredMember"/>
    <link:presentationArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaap_ClassOfStockDomain_c3bff3da-504d-4192-bdb5-d13a3ce7f54c" xlink:to="loc_frt_A5417Series1CumulativeConvertiblePreferredMember_ba7b3aee-22a3-4334-b334-e37964a1f4e1" xlink:type="arc" preferredLabel="http://www.xbrl.org/2003/role/verboseLabel"/>
    <link:loc xlink:type="locator" xlink:label="loc_frt_A5.0SeriesCCumulativeRedeemablePreferredMember_ebabc1b9-3eff-4d3a-8b27-19807b17ef3f" xlink:href="frt-20240930.xsd#frt_A5.0SeriesCCumulativeRedeemablePreferredMember"/>
    <link:presentationArc order="2" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaap_ClassOfStockDomain_c3bff3da-504d-4192-bdb5-d13a3ce7f54c" xlink:to="loc_frt_A5.0SeriesCCumulativeRedeemablePreferredMember_ebabc1b9-3eff-4d3a-8b27-19807b17ef3f" xlink:type="arc" preferredLabel="http://www.xbrl.org/2003/role/verboseLabel"/>
    <link:loc xlink:type="locator" xlink:label="loc_us-gaap_DividendsPayableLineItems_cbd7e92b-f698-458d-8928-170837f1c9ba" xlink:href="https://xbrl.fasb.org/us-gaap/2024/elts/us-gaap-2024.xsd#us-gaap_DividendsPayableLineItems"/>
    <link:presentationArc order="2" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaap_DividendsPayableTable_bb4c4eb5-49a9-4387-a913-2d4cef1a1790" xlink:to="loc_us-gaap_DividendsPayableLineItems_cbd7e92b-f698-458d-8928-170837f1c9ba" xlink:type="arc" preferredLabel="http://www.xbrl.org/2003/role/terseLabel"/>
    <link:loc xlink:type="locator" xlink:label="loc_us-gaap_PreferredStockDividendRatePercentage_22f0b953-9a58-4ac8-9f71-a72b4057d4c6" xlink:href="https://xbrl.fasb.org/us-gaap/2024/elts/us-gaap-2024.xsd#us-gaap_PreferredStockDividendRatePercentage"/>
    <link:presentationArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaap_DividendsPayableLineItems_cbd7e92b-f698-458d-8928-170837f1c9ba" xlink:to="loc_us-gaap_PreferredStockDividendRatePercentage_22f0b953-9a58-4ac8-9f71-a72b4057d4c6" xlink:type="arc" preferredLabel="http://www.xbrl.org/2003/role/terseLabel"/>
    <link:loc xlink:type="locator" xlink:label="loc_us-gaap_CommonStockDividendsPerShareDeclared_d4ff1eb8-174e-4f20-9ddc-82ecba506da2" xlink:href="https://xbrl.fasb.org/us-gaap/2024/elts/us-gaap-2024.xsd#us-gaap_CommonStockDividendsPerShareDeclared"/>
    <link:presentationArc order="2" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaap_DividendsPayableLineItems_cbd7e92b-f698-458d-8928-170837f1c9ba" xlink:to="loc_us-gaap_CommonStockDividendsPerShareDeclared_d4ff1eb8-174e-4f20-9ddc-82ecba506da2" xlink:type="arc" preferredLabel="http://www.xbrl.org/2003/role/verboseLabel"/>
    <link:loc xlink:type="locator" xlink:label="loc_us-gaap_CommonStockDividendsPerShareCashPaid_ee141337-6dff-45cf-b06a-64b0b109faf5" xlink:href="https://xbrl.fasb.org/us-gaap/2024/elts/us-gaap-2024.xsd#us-gaap_CommonStockDividendsPerShareCashPaid"/>
    <link:presentationArc order="3" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaap_DividendsPayableLineItems_cbd7e92b-f698-458d-8928-170837f1c9ba" xlink:to="loc_us-gaap_CommonStockDividendsPerShareCashPaid_ee141337-6dff-45cf-b06a-64b0b109faf5" xlink:type="arc" preferredLabel="http://www.xbrl.org/2003/role/terseLabel"/>
    <link:loc xlink:type="locator" xlink:label="loc_us-gaap_PreferredStockDividendsPerShareDeclared_e9eb83f2-3e91-4ab7-b61c-c1b2c079eb19" xlink:href="https://xbrl.fasb.org/us-gaap/2024/elts/us-gaap-2024.xsd#us-gaap_PreferredStockDividendsPerShareDeclared"/>
    <link:presentationArc order="4" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaap_DividendsPayableLineItems_cbd7e92b-f698-458d-8928-170837f1c9ba" xlink:to="loc_us-gaap_PreferredStockDividendsPerShareDeclared_e9eb83f2-3e91-4ab7-b61c-c1b2c079eb19" xlink:type="arc" preferredLabel="http://www.xbrl.org/2003/role/terseLabel"/>
    <link:loc xlink:type="locator" xlink:label="loc_us-gaap_PreferredStockDividendsPerShareCashPaid_4cd31fe1-b0b7-4f1d-bdb0-ee730106b4b6" xlink:href="https://xbrl.fasb.org/us-gaap/2024/elts/us-gaap-2024.xsd#us-gaap_PreferredStockDividendsPerShareCashPaid"/>
    <link:presentationArc order="5" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaap_DividendsPayableLineItems_cbd7e92b-f698-458d-8928-170837f1c9ba" xlink:to="loc_us-gaap_PreferredStockDividendsPerShareCashPaid_4cd31fe1-b0b7-4f1d-bdb0-ee730106b4b6" 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-20240930.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_ad5100dd-3438-4022-b32a-ae4c6b70a97a" xlink:href="https://xbrl.fasb.org/us-gaap/2024/elts/us-gaap-2024.xsd#us-gaap_StockholdersEquityNoteAbstract"/>
    <link:loc xlink:type="locator" xlink:label="loc_us-gaap_ScheduleOfStockByClassTable_67ab3691-cf93-4641-a8d7-50dc41439646" xlink:href="https://xbrl.fasb.org/us-gaap/2024/elts/us-gaap-2024.xsd#us-gaap_ScheduleOfStockByClassTable"/>
    <link:presentationArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaap_StockholdersEquityNoteAbstract_ad5100dd-3438-4022-b32a-ae4c6b70a97a" xlink:to="loc_us-gaap_ScheduleOfStockByClassTable_67ab3691-cf93-4641-a8d7-50dc41439646" xlink:type="arc" preferredLabel="http://www.xbrl.org/2003/role/terseLabel"/>
    <link:loc xlink:type="locator" xlink:label="loc_us-gaap_SubsidiarySaleOfStockAxis_bf85fc85-ef35-4283-9f46-e4d18da7b836" xlink:href="https://xbrl.fasb.org/us-gaap/2024/elts/us-gaap-2024.xsd#us-gaap_SubsidiarySaleOfStockAxis"/>
    <link:presentationArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaap_ScheduleOfStockByClassTable_67ab3691-cf93-4641-a8d7-50dc41439646" xlink:to="loc_us-gaap_SubsidiarySaleOfStockAxis_bf85fc85-ef35-4283-9f46-e4d18da7b836" xlink:type="arc" preferredLabel="http://www.xbrl.org/2003/role/terseLabel"/>
    <link:loc xlink:type="locator" xlink:label="loc_us-gaap_SaleOfStockNameOfTransactionDomain_d239950e-a393-48fc-b430-eba06ae2cc28" xlink:href="https://xbrl.fasb.org/us-gaap/2024/elts/us-gaap-2024.xsd#us-gaap_SaleOfStockNameOfTransactionDomain"/>
    <link:presentationArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaap_SubsidiarySaleOfStockAxis_bf85fc85-ef35-4283-9f46-e4d18da7b836" xlink:to="loc_us-gaap_SaleOfStockNameOfTransactionDomain_d239950e-a393-48fc-b430-eba06ae2cc28" xlink:type="arc" preferredLabel="http://www.xbrl.org/2003/role/terseLabel"/>
    <link:loc xlink:type="locator" xlink:label="loc_frt_AtMarketEquityProgramMember_e6f163cc-bbc6-4aba-8ec1-c92ad8e825fb" xlink:href="frt-20240930.xsd#frt_AtMarketEquityProgramMember"/>
    <link:presentationArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaap_SaleOfStockNameOfTransactionDomain_d239950e-a393-48fc-b430-eba06ae2cc28" xlink:to="loc_frt_AtMarketEquityProgramMember_e6f163cc-bbc6-4aba-8ec1-c92ad8e825fb" xlink:type="arc" preferredLabel="http://www.xbrl.org/2003/role/terseLabel"/>
    <link:loc xlink:type="locator" xlink:label="loc_frt_ForwardSalesContractsMember_837adc64-d86a-45b1-84c3-52ecd8694d50" xlink:href="frt-20240930.xsd#frt_ForwardSalesContractsMember"/>
    <link:presentationArc order="2" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaap_SaleOfStockNameOfTransactionDomain_d239950e-a393-48fc-b430-eba06ae2cc28" xlink:to="loc_frt_ForwardSalesContractsMember_837adc64-d86a-45b1-84c3-52ecd8694d50" xlink:type="arc" preferredLabel="http://www.xbrl.org/2003/role/terseLabel"/>
    <link:loc xlink:type="locator" xlink:label="loc_frt_StockIssuanceCostsByTypeAxis_ebd7fc78-baf7-450a-84ce-6c62218621c6" xlink:href="frt-20240930.xsd#frt_StockIssuanceCostsByTypeAxis"/>
    <link:presentationArc order="2" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaap_ScheduleOfStockByClassTable_67ab3691-cf93-4641-a8d7-50dc41439646" xlink:to="loc_frt_StockIssuanceCostsByTypeAxis_ebd7fc78-baf7-450a-84ce-6c62218621c6" xlink:type="arc" preferredLabel="http://www.xbrl.org/2003/role/terseLabel"/>
    <link:loc xlink:type="locator" xlink:label="loc_frt_StockIssuanceCostsByTypeDomain_90b1dbe1-f831-43dc-810a-970ced26ec59" xlink:href="frt-20240930.xsd#frt_StockIssuanceCostsByTypeDomain"/>
    <link:presentationArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_frt_StockIssuanceCostsByTypeAxis_ebd7fc78-baf7-450a-84ce-6c62218621c6" xlink:to="loc_frt_StockIssuanceCostsByTypeDomain_90b1dbe1-f831-43dc-810a-970ced26ec59" xlink:type="arc" preferredLabel="http://www.xbrl.org/2003/role/terseLabel"/>
    <link:loc xlink:type="locator" xlink:label="loc_frt_CommissionsMember_3b060f0c-9775-473a-8fb1-eb6c1c54cbbe" xlink:href="frt-20240930.xsd#frt_CommissionsMember"/>
    <link:presentationArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_frt_StockIssuanceCostsByTypeDomain_90b1dbe1-f831-43dc-810a-970ced26ec59" xlink:to="loc_frt_CommissionsMember_3b060f0c-9775-473a-8fb1-eb6c1c54cbbe" xlink:type="arc" preferredLabel="http://www.xbrl.org/2003/role/terseLabel"/>
    <link:loc xlink:type="locator" xlink:label="loc_frt_OtherOfferingCostsMember_9497841a-79ba-4e2c-9a42-381e5f42af4d" xlink:href="frt-20240930.xsd#frt_OtherOfferingCostsMember"/>
    <link:presentationArc order="2" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_frt_StockIssuanceCostsByTypeDomain_90b1dbe1-f831-43dc-810a-970ced26ec59" xlink:to="loc_frt_OtherOfferingCostsMember_9497841a-79ba-4e2c-9a42-381e5f42af4d" xlink:type="arc" preferredLabel="http://www.xbrl.org/2003/role/terseLabel"/>
    <link:loc xlink:type="locator" xlink:label="loc_us-gaap_ClassOfStockLineItems_573a08b4-6c1b-4bbd-a19b-f9e5aece3648" xlink:href="https://xbrl.fasb.org/us-gaap/2024/elts/us-gaap-2024.xsd#us-gaap_ClassOfStockLineItems"/>
    <link:presentationArc order="3" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaap_ScheduleOfStockByClassTable_67ab3691-cf93-4641-a8d7-50dc41439646" xlink:to="loc_us-gaap_ClassOfStockLineItems_573a08b4-6c1b-4bbd-a19b-f9e5aece3648" xlink:type="arc" preferredLabel="http://www.xbrl.org/2003/role/terseLabel"/>
    <link:loc xlink:type="locator" xlink:label="loc_frt_AggregateOfferingPriceOfCommonShare_f40e23ad-7558-4e45-84e2-2d008da19755" xlink:href="frt-20240930.xsd#frt_AggregateOfferingPriceOfCommonShare"/>
    <link:presentationArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaap_ClassOfStockLineItems_573a08b4-6c1b-4bbd-a19b-f9e5aece3648" xlink:to="loc_frt_AggregateOfferingPriceOfCommonShare_f40e23ad-7558-4e45-84e2-2d008da19755" xlink:type="arc" preferredLabel="http://www.xbrl.org/2003/role/terseLabel"/>
    <link:loc xlink:type="locator" xlink:label="loc_us-gaap_StockIssuedDuringPeriodSharesNewIssues_a633e5a7-3717-48e2-bd95-f69dd371e38a" xlink:href="https://xbrl.fasb.org/us-gaap/2024/elts/us-gaap-2024.xsd#us-gaap_StockIssuedDuringPeriodSharesNewIssues"/>
    <link:presentationArc order="2" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaap_ClassOfStockLineItems_573a08b4-6c1b-4bbd-a19b-f9e5aece3648" xlink:to="loc_us-gaap_StockIssuedDuringPeriodSharesNewIssues_a633e5a7-3717-48e2-bd95-f69dd371e38a" xlink:type="arc" preferredLabel="http://www.xbrl.org/2003/role/terseLabel"/>
    <link:loc xlink:type="locator" xlink:label="loc_frt_WeightedAveragePricePerCommonShare_44e519be-32e9-47a3-94a3-43d9aefd71db" xlink:href="frt-20240930.xsd#frt_WeightedAveragePricePerCommonShare"/>
    <link:presentationArc order="3" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaap_ClassOfStockLineItems_573a08b4-6c1b-4bbd-a19b-f9e5aece3648" xlink:to="loc_frt_WeightedAveragePricePerCommonShare_44e519be-32e9-47a3-94a3-43d9aefd71db" xlink:type="arc" preferredLabel="http://www.xbrl.org/2003/role/terseLabel"/>
    <link:loc xlink:type="locator" xlink:label="loc_us-gaap_ProceedsFromIssuanceOfCommonStock_18ae20da-fa4e-487d-90fa-b3c90f754fa8" xlink:href="https://xbrl.fasb.org/us-gaap/2024/elts/us-gaap-2024.xsd#us-gaap_ProceedsFromIssuanceOfCommonStock"/>
    <link:presentationArc order="4" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaap_ClassOfStockLineItems_573a08b4-6c1b-4bbd-a19b-f9e5aece3648" xlink:to="loc_us-gaap_ProceedsFromIssuanceOfCommonStock_18ae20da-fa4e-487d-90fa-b3c90f754fa8" xlink:type="arc" preferredLabel="http://www.xbrl.org/2003/role/terseLabel"/>
    <link:loc xlink:type="locator" xlink:label="loc_frt_StockSettledDuringPeriodSharesNewIssues_28679ca6-08a2-405c-9af3-e35e8ea6b9e6" xlink:href="frt-20240930.xsd#frt_StockSettledDuringPeriodSharesNewIssues"/>
    <link:presentationArc order="5" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaap_ClassOfStockLineItems_573a08b4-6c1b-4bbd-a19b-f9e5aece3648" xlink:to="loc_frt_StockSettledDuringPeriodSharesNewIssues_28679ca6-08a2-405c-9af3-e35e8ea6b9e6" xlink:type="arc" preferredLabel="http://www.xbrl.org/2003/role/terseLabel"/>
    <link:loc xlink:type="locator" xlink:label="loc_us-gaap_PaymentsOfStockIssuanceCosts_6f4ff167-e5b7-4a59-8b96-83aa3f954c19" xlink:href="https://xbrl.fasb.org/us-gaap/2024/elts/us-gaap-2024.xsd#us-gaap_PaymentsOfStockIssuanceCosts"/>
    <link:presentationArc order="6" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaap_ClassOfStockLineItems_573a08b4-6c1b-4bbd-a19b-f9e5aece3648" xlink:to="loc_us-gaap_PaymentsOfStockIssuanceCosts_6f4ff167-e5b7-4a59-8b96-83aa3f954c19" xlink:type="arc" preferredLabel="http://www.xbrl.org/2003/role/terseLabel"/>
    <link:loc xlink:type="locator" xlink:label="loc_frt_RemainingCapacityToIssue_259fc8aa-0351-4990-96c6-0c6c90f242e7" xlink:href="frt-20240930.xsd#frt_RemainingCapacityToIssue"/>
    <link:presentationArc order="7" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaap_ClassOfStockLineItems_573a08b4-6c1b-4bbd-a19b-f9e5aece3648" xlink:to="loc_frt_RemainingCapacityToIssue_259fc8aa-0351-4990-96c6-0c6c90f242e7" 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-20240930.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_a8ff2b65-1f5c-4e0d-9e42-8faf1e752aa3" xlink:href="https://xbrl.fasb.org/us-gaap/2024/elts/us-gaap-2024.xsd#us-gaap_DisclosureOfCompensationRelatedCostsSharebasedPaymentsAbstract"/>
    <link:loc xlink:type="locator" xlink:label="loc_us-gaap_ShareBasedCompensationAllocationAndClassificationInFinancialStatementsAbstract_f5489643-4d44-43fc-8926-e57a5dc392bf" xlink:href="https://xbrl.fasb.org/us-gaap/2024/elts/us-gaap-2024.xsd#us-gaap_ShareBasedCompensationAllocationAndClassificationInFinancialStatementsAbstract"/>
    <link:presentationArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaap_DisclosureOfCompensationRelatedCostsSharebasedPaymentsAbstract_a8ff2b65-1f5c-4e0d-9e42-8faf1e752aa3" xlink:to="loc_us-gaap_ShareBasedCompensationAllocationAndClassificationInFinancialStatementsAbstract_f5489643-4d44-43fc-8926-e57a5dc392bf" xlink:type="arc" preferredLabel="http://www.xbrl.org/2003/role/terseLabel"/>
    <link:loc xlink:type="locator" xlink:label="loc_us-gaap_AllocatedShareBasedCompensationExpense_9daa0790-14b9-4480-b8a7-6e581e514770" xlink:href="https://xbrl.fasb.org/us-gaap/2024/elts/us-gaap-2024.xsd#us-gaap_AllocatedShareBasedCompensationExpense"/>
    <link:presentationArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaap_ShareBasedCompensationAllocationAndClassificationInFinancialStatementsAbstract_f5489643-4d44-43fc-8926-e57a5dc392bf" xlink:to="loc_us-gaap_AllocatedShareBasedCompensationExpense_9daa0790-14b9-4480-b8a7-6e581e514770" xlink:type="arc" preferredLabel="http://www.xbrl.org/2003/role/totalLabel"/>
    <link:loc xlink:type="locator" xlink:label="loc_us-gaap_EmployeeServiceShareBasedCompensationAllocationOfRecognizedPeriodCostsCapitalizedAmount_27a9dda4-82ed-4c34-9062-607ba0cb76d3" xlink:href="https://xbrl.fasb.org/us-gaap/2024/elts/us-gaap-2024.xsd#us-gaap_EmployeeServiceShareBasedCompensationAllocationOfRecognizedPeriodCostsCapitalizedAmount"/>
    <link:presentationArc order="2" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaap_ShareBasedCompensationAllocationAndClassificationInFinancialStatementsAbstract_f5489643-4d44-43fc-8926-e57a5dc392bf" xlink:to="loc_us-gaap_EmployeeServiceShareBasedCompensationAllocationOfRecognizedPeriodCostsCapitalizedAmount_27a9dda4-82ed-4c34-9062-607ba0cb76d3" xlink:type="arc" preferredLabel="http://www.xbrl.org/2009/role/negatedTerseLabel"/>
    <link:loc xlink:type="locator" xlink:label="loc_us-gaap_ShareBasedCompensation_ed484b29-e4ac-4cf5-bf80-7a89fdeae048" xlink:href="https://xbrl.fasb.org/us-gaap/2024/elts/us-gaap-2024.xsd#us-gaap_ShareBasedCompensation"/>
    <link:presentationArc order="3" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaap_ShareBasedCompensationAllocationAndClassificationInFinancialStatementsAbstract_f5489643-4d44-43fc-8926-e57a5dc392bf" xlink:to="loc_us-gaap_ShareBasedCompensation_ed484b29-e4ac-4cf5-bf80-7a89fdeae048" 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-20240930.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_72871b12-034b-410e-8f53-2bbd5ac3c94f" xlink:href="https://xbrl.fasb.org/us-gaap/2024/elts/us-gaap-2024.xsd#us-gaap_EarningsPerShareAbstract"/>
    <link:loc xlink:type="locator" xlink:label="loc_us-gaap_StatementTable_ca310315-2016-4133-a6e8-02039d5cd7ca" xlink:href="https://xbrl.fasb.org/us-gaap/2024/elts/us-gaap-2024.xsd#us-gaap_StatementTable"/>
    <link:presentationArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaap_EarningsPerShareAbstract_72871b12-034b-410e-8f53-2bbd5ac3c94f" xlink:to="loc_us-gaap_StatementTable_ca310315-2016-4133-a6e8-02039d5cd7ca" xlink:type="arc" preferredLabel="http://www.xbrl.org/2003/role/terseLabel"/>
    <link:loc xlink:type="locator" xlink:label="loc_frt_ShareTypeAxis_157e4556-58fd-480b-980c-e41bbb38b5e4" xlink:href="frt-20240930.xsd#frt_ShareTypeAxis"/>
    <link:presentationArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaap_StatementTable_ca310315-2016-4133-a6e8-02039d5cd7ca" xlink:to="loc_frt_ShareTypeAxis_157e4556-58fd-480b-980c-e41bbb38b5e4" xlink:type="arc" preferredLabel="http://www.xbrl.org/2003/role/terseLabel"/>
    <link:loc xlink:type="locator" xlink:label="loc_frt_ShareTypeDomain_7178296a-0691-4e1c-93e8-5f3fa235613b" xlink:href="frt-20240930.xsd#frt_ShareTypeDomain"/>
    <link:presentationArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_frt_ShareTypeAxis_157e4556-58fd-480b-980c-e41bbb38b5e4" xlink:to="loc_frt_ShareTypeDomain_7178296a-0691-4e1c-93e8-5f3fa235613b" xlink:type="arc" preferredLabel="http://www.xbrl.org/2003/role/terseLabel"/>
    <link:loc xlink:type="locator" xlink:label="loc_frt_StockOptionsMember_2149aae7-94f8-4c04-bf81-28e95bbfad4a" xlink:href="frt-20240930.xsd#frt_StockOptionsMember"/>
    <link:presentationArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_frt_ShareTypeDomain_7178296a-0691-4e1c-93e8-5f3fa235613b" xlink:to="loc_frt_StockOptionsMember_2149aae7-94f8-4c04-bf81-28e95bbfad4a" xlink:type="arc" preferredLabel="http://www.xbrl.org/2003/role/terseLabel"/>
    <link:loc xlink:type="locator" xlink:label="loc_frt_PerformanceBasedUnvestedSharesMember_2002311e-2579-4644-8c10-a35c00ab6715" xlink:href="frt-20240930.xsd#frt_PerformanceBasedUnvestedSharesMember"/>
    <link:presentationArc order="2" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_frt_ShareTypeDomain_7178296a-0691-4e1c-93e8-5f3fa235613b" xlink:to="loc_frt_PerformanceBasedUnvestedSharesMember_2002311e-2579-4644-8c10-a35c00ab6715" xlink:type="arc" preferredLabel="http://www.xbrl.org/2003/role/terseLabel"/>
    <link:loc xlink:type="locator" xlink:label="loc_frt_ForwardSalesContractsMember_04ce2770-013b-4bbb-8983-08cc67998a26" xlink:href="frt-20240930.xsd#frt_ForwardSalesContractsMember"/>
    <link:presentationArc order="3" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_frt_ShareTypeDomain_7178296a-0691-4e1c-93e8-5f3fa235613b" xlink:to="loc_frt_ForwardSalesContractsMember_04ce2770-013b-4bbb-8983-08cc67998a26" xlink:type="arc" preferredLabel="http://www.xbrl.org/2003/role/terseLabel"/>
    <link:loc xlink:type="locator" xlink:label="loc_us-gaap_SubsidiarySaleOfStockAxis_f4a83170-04f0-46a2-925c-c974631b4395" xlink:href="https://xbrl.fasb.org/us-gaap/2024/elts/us-gaap-2024.xsd#us-gaap_SubsidiarySaleOfStockAxis"/>
    <link:presentationArc order="2" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaap_StatementTable_ca310315-2016-4133-a6e8-02039d5cd7ca" xlink:to="loc_us-gaap_SubsidiarySaleOfStockAxis_f4a83170-04f0-46a2-925c-c974631b4395" xlink:type="arc" preferredLabel="http://www.xbrl.org/2003/role/terseLabel"/>
    <link:loc xlink:type="locator" xlink:label="loc_us-gaap_SaleOfStockNameOfTransactionDomain_e4712c10-11f7-47c8-9a0b-ab19da7235bb" xlink:href="https://xbrl.fasb.org/us-gaap/2024/elts/us-gaap-2024.xsd#us-gaap_SaleOfStockNameOfTransactionDomain"/>
    <link:presentationArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaap_SubsidiarySaleOfStockAxis_f4a83170-04f0-46a2-925c-c974631b4395" xlink:to="loc_us-gaap_SaleOfStockNameOfTransactionDomain_e4712c10-11f7-47c8-9a0b-ab19da7235bb" xlink:type="arc" preferredLabel="http://www.xbrl.org/2003/role/terseLabel"/>
    <link:loc xlink:type="locator" xlink:label="loc_us-gaap_StatementClassOfStockAxis_703f7cd1-6e54-4155-96d9-9e8060489ffe" xlink:href="https://xbrl.fasb.org/us-gaap/2024/elts/us-gaap-2024.xsd#us-gaap_StatementClassOfStockAxis"/>
    <link:presentationArc order="3" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaap_StatementTable_ca310315-2016-4133-a6e8-02039d5cd7ca" xlink:to="loc_us-gaap_StatementClassOfStockAxis_703f7cd1-6e54-4155-96d9-9e8060489ffe" xlink:type="arc" preferredLabel="http://www.xbrl.org/2003/role/terseLabel"/>
    <link:loc xlink:type="locator" xlink:label="loc_us-gaap_ClassOfStockDomain_c9831853-b017-49e2-8d5a-c224a9f586ff" xlink:href="https://xbrl.fasb.org/us-gaap/2024/elts/us-gaap-2024.xsd#us-gaap_ClassOfStockDomain"/>
    <link:presentationArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaap_StatementClassOfStockAxis_703f7cd1-6e54-4155-96d9-9e8060489ffe" xlink:to="loc_us-gaap_ClassOfStockDomain_c9831853-b017-49e2-8d5a-c224a9f586ff" xlink:type="arc" preferredLabel="http://www.xbrl.org/2003/role/terseLabel"/>
    <link:loc xlink:type="locator" xlink:label="loc_frt_A5417Series1CumulativeConvertiblePreferredMember_a3d0d933-65db-4da2-853f-ad44d599983a" xlink:href="frt-20240930.xsd#frt_A5417Series1CumulativeConvertiblePreferredMember"/>
    <link:presentationArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaap_ClassOfStockDomain_c9831853-b017-49e2-8d5a-c224a9f586ff" xlink:to="loc_frt_A5417Series1CumulativeConvertiblePreferredMember_a3d0d933-65db-4da2-853f-ad44d599983a" xlink:type="arc" preferredLabel="http://www.xbrl.org/2003/role/verboseLabel"/>
    <link:loc xlink:type="locator" xlink:label="loc_frt_PreferredUnitsMember_240f09e3-375c-465e-bf91-7ab26a5dcb9a" xlink:href="frt-20240930.xsd#frt_PreferredUnitsMember"/>
    <link:presentationArc order="2" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaap_ClassOfStockDomain_c9831853-b017-49e2-8d5a-c224a9f586ff" xlink:to="loc_frt_PreferredUnitsMember_240f09e3-375c-465e-bf91-7ab26a5dcb9a" xlink:type="arc" preferredLabel="http://www.xbrl.org/2003/role/verboseLabel"/>
    <link:loc xlink:type="locator" xlink:label="loc_us-gaap_DebtInstrumentAxis_3564b7b7-ba9a-4b6f-b478-94baf1bddcdf" xlink:href="https://xbrl.fasb.org/us-gaap/2024/elts/us-gaap-2024.xsd#us-gaap_DebtInstrumentAxis"/>
    <link:presentationArc order="4" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaap_StatementTable_ca310315-2016-4133-a6e8-02039d5cd7ca" xlink:to="loc_us-gaap_DebtInstrumentAxis_3564b7b7-ba9a-4b6f-b478-94baf1bddcdf" xlink:type="arc" preferredLabel="http://www.xbrl.org/2003/role/terseLabel"/>
    <link:loc xlink:type="locator" xlink:label="loc_us-gaap_DebtInstrumentNameDomain_d50021c0-f47d-4d61-ae43-17b7d15e5d26" xlink:href="https://xbrl.fasb.org/us-gaap/2024/elts/us-gaap-2024.xsd#us-gaap_DebtInstrumentNameDomain"/>
    <link:presentationArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaap_DebtInstrumentAxis_3564b7b7-ba9a-4b6f-b478-94baf1bddcdf" xlink:to="loc_us-gaap_DebtInstrumentNameDomain_d50021c0-f47d-4d61-ae43-17b7d15e5d26" xlink:type="arc" preferredLabel="http://www.xbrl.org/2003/role/terseLabel"/>
    <link:loc xlink:type="locator" xlink:label="loc_frt_Senior3Point25PercentNotesMember_4ef03d0d-7957-4859-a580-0fe7d0bdeb89" xlink:href="frt-20240930.xsd#frt_Senior3Point25PercentNotesMember"/>
    <link:presentationArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaap_DebtInstrumentNameDomain_d50021c0-f47d-4d61-ae43-17b7d15e5d26" xlink:to="loc_frt_Senior3Point25PercentNotesMember_4ef03d0d-7957-4859-a580-0fe7d0bdeb89" xlink:type="arc" preferredLabel="http://www.xbrl.org/2003/role/terseLabel"/>
    <link:loc xlink:type="locator" xlink:label="loc_us-gaap_LongtermDebtTypeAxis_fb3facae-bb7b-4110-8430-26d10061e3ca" xlink:href="https://xbrl.fasb.org/us-gaap/2024/elts/us-gaap-2024.xsd#us-gaap_LongtermDebtTypeAxis"/>
    <link:presentationArc order="5" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaap_StatementTable_ca310315-2016-4133-a6e8-02039d5cd7ca" xlink:to="loc_us-gaap_LongtermDebtTypeAxis_fb3facae-bb7b-4110-8430-26d10061e3ca" xlink:type="arc" preferredLabel="http://www.xbrl.org/2003/role/terseLabel"/>
    <link:loc xlink:type="locator" xlink:label="loc_us-gaap_LongtermDebtTypeDomain_c9fd9f1c-a6d3-4279-a09c-a000746b8a8e" xlink:href="https://xbrl.fasb.org/us-gaap/2024/elts/us-gaap-2024.xsd#us-gaap_LongtermDebtTypeDomain"/>
    <link:presentationArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaap_LongtermDebtTypeAxis_fb3facae-bb7b-4110-8430-26d10061e3ca" xlink:to="loc_us-gaap_LongtermDebtTypeDomain_c9fd9f1c-a6d3-4279-a09c-a000746b8a8e" xlink:type="arc" preferredLabel="http://www.xbrl.org/2003/role/terseLabel"/>
    <link:loc xlink:type="locator" xlink:label="loc_us-gaap_ConvertibleDebtMember_e541767e-f0ca-4f91-b68e-7fb027b27d45" xlink:href="https://xbrl.fasb.org/us-gaap/2024/elts/us-gaap-2024.xsd#us-gaap_ConvertibleDebtMember"/>
    <link:presentationArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaap_LongtermDebtTypeDomain_c9fd9f1c-a6d3-4279-a09c-a000746b8a8e" xlink:to="loc_us-gaap_ConvertibleDebtMember_e541767e-f0ca-4f91-b68e-7fb027b27d45" xlink:type="arc" preferredLabel="http://www.xbrl.org/2003/role/terseLabel"/>
    <link:loc xlink:type="locator" xlink:label="loc_srt_ConsolidatedEntitiesAxis_ced14dba-bbf0-418d-bfd7-24d8a862bf7a" xlink:href="https://xbrl.fasb.org/srt/2024/elts/srt-2024.xsd#srt_ConsolidatedEntitiesAxis"/>
    <link:presentationArc order="6" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaap_StatementTable_ca310315-2016-4133-a6e8-02039d5cd7ca" xlink:to="loc_srt_ConsolidatedEntitiesAxis_ced14dba-bbf0-418d-bfd7-24d8a862bf7a" xlink:type="arc" preferredLabel="http://www.xbrl.org/2003/role/terseLabel"/>
    <link:loc xlink:type="locator" xlink:label="loc_srt_ConsolidatedEntitiesDomain_67a69744-63ee-4e8d-bbff-af2c65fdc374" xlink:href="https://xbrl.fasb.org/srt/2024/elts/srt-2024.xsd#srt_ConsolidatedEntitiesDomain"/>
    <link:presentationArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_srt_ConsolidatedEntitiesAxis_ced14dba-bbf0-418d-bfd7-24d8a862bf7a" xlink:to="loc_srt_ConsolidatedEntitiesDomain_67a69744-63ee-4e8d-bbff-af2c65fdc374" xlink:type="arc" preferredLabel="http://www.xbrl.org/2003/role/terseLabel"/>
    <link:loc xlink:type="locator" xlink:label="loc_srt_PartnershipInterestMember_721781db-db28-4210-bfda-955325e8075e" xlink:href="https://xbrl.fasb.org/srt/2024/elts/srt-2024.xsd#srt_PartnershipInterestMember"/>
    <link:presentationArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_srt_ConsolidatedEntitiesDomain_67a69744-63ee-4e8d-bbff-af2c65fdc374" xlink:to="loc_srt_PartnershipInterestMember_721781db-db28-4210-bfda-955325e8075e" xlink:type="arc" preferredLabel="http://www.xbrl.org/2003/role/terseLabel"/>
    <link:loc xlink:type="locator" xlink:label="loc_us-gaap_StatementLineItems_92d54bfd-a9ef-4715-916f-4b01e948dec6" xlink:href="https://xbrl.fasb.org/us-gaap/2024/elts/us-gaap-2024.xsd#us-gaap_StatementLineItems"/>
    <link:presentationArc order="7" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaap_StatementTable_ca310315-2016-4133-a6e8-02039d5cd7ca" xlink:to="loc_us-gaap_StatementLineItems_92d54bfd-a9ef-4715-916f-4b01e948dec6" xlink:type="arc" preferredLabel="http://www.xbrl.org/2003/role/terseLabel"/>
    <link:loc xlink:type="locator" xlink:label="loc_us-gaap_IncrementalCommonSharesAttributableToParticipatingNonvestedSharesWithNonForfeitableDividendRights_63a8c15a-d958-45c7-8e04-e5ccbf059b1b" xlink:href="https://xbrl.fasb.org/us-gaap/2024/elts/us-gaap-2024.xsd#us-gaap_IncrementalCommonSharesAttributableToParticipatingNonvestedSharesWithNonForfeitableDividendRights"/>
    <link:presentationArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaap_StatementLineItems_92d54bfd-a9ef-4715-916f-4b01e948dec6" xlink:to="loc_us-gaap_IncrementalCommonSharesAttributableToParticipatingNonvestedSharesWithNonForfeitableDividendRights_63a8c15a-d958-45c7-8e04-e5ccbf059b1b" xlink:type="arc" preferredLabel="http://www.xbrl.org/2003/role/terseLabel"/>
    <link:loc xlink:type="locator" xlink:label="loc_frt_IncrementalCommonUnitsAttributableToParticipatingNonvestedShares_ab556d0c-55e1-4cf3-9c3a-f106b8125ca1" xlink:href="frt-20240930.xsd#frt_IncrementalCommonUnitsAttributableToParticipatingNonvestedShares"/>
    <link:presentationArc order="2" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaap_StatementLineItems_92d54bfd-a9ef-4715-916f-4b01e948dec6" xlink:to="loc_frt_IncrementalCommonUnitsAttributableToParticipatingNonvestedShares_ab556d0c-55e1-4cf3-9c3a-f106b8125ca1" xlink:type="arc" preferredLabel="http://www.xbrl.org/2003/role/terseLabel"/>
    <link:loc xlink:type="locator" xlink:label="loc_us-gaap_AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount_11ee923b-4505-4be3-aa8f-5a38ceac3633" xlink:href="https://xbrl.fasb.org/us-gaap/2024/elts/us-gaap-2024.xsd#us-gaap_AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount"/>
    <link:presentationArc order="3" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaap_StatementLineItems_92d54bfd-a9ef-4715-916f-4b01e948dec6" xlink:to="loc_us-gaap_AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount_11ee923b-4505-4be3-aa8f-5a38ceac3633" xlink:type="arc" preferredLabel="http://www.xbrl.org/2003/role/terseLabel"/>
    <link:loc xlink:type="locator" xlink:label="loc_frt_AntidilutiveSecuritiesExcludedFromComputationOfNetIncomePerOutstandingUnitUnits_cb91f3b0-9b66-471d-b4a7-66c8ce687c55" xlink:href="frt-20240930.xsd#frt_AntidilutiveSecuritiesExcludedFromComputationOfNetIncomePerOutstandingUnitUnits"/>
    <link:presentationArc order="4" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaap_StatementLineItems_92d54bfd-a9ef-4715-916f-4b01e948dec6" xlink:to="loc_frt_AntidilutiveSecuritiesExcludedFromComputationOfNetIncomePerOutstandingUnitUnits_cb91f3b0-9b66-471d-b4a7-66c8ce687c55" xlink:type="arc" preferredLabel="http://www.xbrl.org/2003/role/terseLabel"/>
    <link:loc xlink:type="locator" xlink:label="loc_us-gaap_PreferredStockDividendRatePercentage_34911ad3-2282-4495-8fd1-24cafdb0d557" xlink:href="https://xbrl.fasb.org/us-gaap/2024/elts/us-gaap-2024.xsd#us-gaap_PreferredStockDividendRatePercentage"/>
    <link:presentationArc order="5" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaap_StatementLineItems_92d54bfd-a9ef-4715-916f-4b01e948dec6" xlink:to="loc_us-gaap_PreferredStockDividendRatePercentage_34911ad3-2282-4495-8fd1-24cafdb0d557" xlink:type="arc" preferredLabel="http://www.xbrl.org/2003/role/terseLabel"/>
    <link:loc xlink:type="locator" xlink:label="loc_frt_PreferredUnitDistributionRatePercentage_ad095c89-0ed2-45be-bc15-3c9feb829752" xlink:href="frt-20240930.xsd#frt_PreferredUnitDistributionRatePercentage"/>
    <link:presentationArc order="6" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaap_StatementLineItems_92d54bfd-a9ef-4715-916f-4b01e948dec6" xlink:to="loc_frt_PreferredUnitDistributionRatePercentage_ad095c89-0ed2-45be-bc15-3c9feb829752" xlink:type="arc" preferredLabel="http://www.xbrl.org/2003/role/terseLabel"/>
    <link:loc xlink:type="locator" xlink:label="loc_us-gaap_DebtInstrumentInterestRateStatedPercentage_d7f1a9e2-1add-4e52-8d45-c2339d9e2b36" xlink:href="https://xbrl.fasb.org/us-gaap/2024/elts/us-gaap-2024.xsd#us-gaap_DebtInstrumentInterestRateStatedPercentage"/>
    <link:presentationArc order="7" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaap_StatementLineItems_92d54bfd-a9ef-4715-916f-4b01e948dec6" xlink:to="loc_us-gaap_DebtInstrumentInterestRateStatedPercentage_d7f1a9e2-1add-4e52-8d45-c2339d9e2b36" 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-20240930.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_a373ae2d-f6fd-49c0-97c2-e64432703f58" xlink:href="https://xbrl.fasb.org/us-gaap/2024/elts/us-gaap-2024.xsd#us-gaap_EarningsPerShareAbstract"/>
    <link:loc xlink:type="locator" xlink:label="loc_us-gaap_StatementTable_cfb5bc14-074f-418a-9fb6-7686281fffe1" xlink:href="https://xbrl.fasb.org/us-gaap/2024/elts/us-gaap-2024.xsd#us-gaap_StatementTable"/>
    <link:presentationArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaap_EarningsPerShareAbstract_a373ae2d-f6fd-49c0-97c2-e64432703f58" xlink:to="loc_us-gaap_StatementTable_cfb5bc14-074f-418a-9fb6-7686281fffe1" xlink:type="arc" preferredLabel="http://www.xbrl.org/2003/role/terseLabel"/>
    <link:loc xlink:type="locator" xlink:label="loc_srt_ConsolidatedEntitiesAxis_bce9a352-6447-4c32-873d-1458f9afadec" xlink:href="https://xbrl.fasb.org/srt/2024/elts/srt-2024.xsd#srt_ConsolidatedEntitiesAxis"/>
    <link:presentationArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaap_StatementTable_cfb5bc14-074f-418a-9fb6-7686281fffe1" xlink:to="loc_srt_ConsolidatedEntitiesAxis_bce9a352-6447-4c32-873d-1458f9afadec" xlink:type="arc" preferredLabel="http://www.xbrl.org/2003/role/terseLabel"/>
    <link:loc xlink:type="locator" xlink:label="loc_srt_ConsolidatedEntitiesDomain_aba2ec9c-42fa-47ed-aad9-5c10352193b5" xlink:href="https://xbrl.fasb.org/srt/2024/elts/srt-2024.xsd#srt_ConsolidatedEntitiesDomain"/>
    <link:presentationArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_srt_ConsolidatedEntitiesAxis_bce9a352-6447-4c32-873d-1458f9afadec" xlink:to="loc_srt_ConsolidatedEntitiesDomain_aba2ec9c-42fa-47ed-aad9-5c10352193b5" xlink:type="arc" preferredLabel="http://www.xbrl.org/2003/role/terseLabel"/>
    <link:loc xlink:type="locator" xlink:label="loc_srt_PartnershipInterestMember_7ad8d5aa-1aff-4ee6-a076-f08b68daa051" xlink:href="https://xbrl.fasb.org/srt/2024/elts/srt-2024.xsd#srt_PartnershipInterestMember"/>
    <link:presentationArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_srt_ConsolidatedEntitiesDomain_aba2ec9c-42fa-47ed-aad9-5c10352193b5" xlink:to="loc_srt_PartnershipInterestMember_7ad8d5aa-1aff-4ee6-a076-f08b68daa051" xlink:type="arc" preferredLabel="http://www.xbrl.org/2003/role/terseLabel"/>
    <link:loc xlink:type="locator" xlink:label="loc_us-gaap_StatementClassOfStockAxis_c5bf8486-95d1-40cb-9197-c236f23619b4" xlink:href="https://xbrl.fasb.org/us-gaap/2024/elts/us-gaap-2024.xsd#us-gaap_StatementClassOfStockAxis"/>
    <link:presentationArc order="2" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaap_StatementTable_cfb5bc14-074f-418a-9fb6-7686281fffe1" xlink:to="loc_us-gaap_StatementClassOfStockAxis_c5bf8486-95d1-40cb-9197-c236f23619b4" xlink:type="arc" preferredLabel="http://www.xbrl.org/2003/role/terseLabel"/>
    <link:loc xlink:type="locator" xlink:label="loc_us-gaap_ClassOfStockDomain_75c5f1e6-0daf-4b82-b91c-5c5bc8d33522" xlink:href="https://xbrl.fasb.org/us-gaap/2024/elts/us-gaap-2024.xsd#us-gaap_ClassOfStockDomain"/>
    <link:presentationArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaap_StatementClassOfStockAxis_c5bf8486-95d1-40cb-9197-c236f23619b4" xlink:to="loc_us-gaap_ClassOfStockDomain_75c5f1e6-0daf-4b82-b91c-5c5bc8d33522" xlink:type="arc" preferredLabel="http://www.xbrl.org/2003/role/terseLabel"/>
    <link:loc xlink:type="locator" xlink:label="loc_frt_A5417Series1CumulativeConvertiblePreferredMember_aa5c15e5-4cc3-4928-b53e-1f32dea660f1" xlink:href="frt-20240930.xsd#frt_A5417Series1CumulativeConvertiblePreferredMember"/>
    <link:presentationArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaap_ClassOfStockDomain_75c5f1e6-0daf-4b82-b91c-5c5bc8d33522" xlink:to="loc_frt_A5417Series1CumulativeConvertiblePreferredMember_aa5c15e5-4cc3-4928-b53e-1f32dea660f1" xlink:type="arc" preferredLabel="http://www.xbrl.org/2003/role/verboseLabel"/>
    <link:loc xlink:type="locator" xlink:label="loc_frt_PreferredUnitsMember_a82c498c-98dc-4410-8a85-e6359930da0b" xlink:href="frt-20240930.xsd#frt_PreferredUnitsMember"/>
    <link:presentationArc order="2" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaap_ClassOfStockDomain_75c5f1e6-0daf-4b82-b91c-5c5bc8d33522" xlink:to="loc_frt_PreferredUnitsMember_a82c498c-98dc-4410-8a85-e6359930da0b" xlink:type="arc" preferredLabel="http://www.xbrl.org/2003/role/terseLabel"/>
    <link:loc xlink:type="locator" xlink:label="loc_us-gaap_StatementLineItems_dde7a56c-8015-430c-8af1-bd7448ac4cbd" xlink:href="https://xbrl.fasb.org/us-gaap/2024/elts/us-gaap-2024.xsd#us-gaap_StatementLineItems"/>
    <link:presentationArc order="3" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaap_StatementTable_cfb5bc14-074f-418a-9fb6-7686281fffe1" xlink:to="loc_us-gaap_StatementLineItems_dde7a56c-8015-430c-8af1-bd7448ac4cbd" xlink:type="arc" preferredLabel="http://www.xbrl.org/2003/role/terseLabel"/>
    <link:loc xlink:type="locator" xlink:label="loc_us-gaap_ProfitLoss_f0b4e5c7-9308-434d-b8d9-4ecbfec10915" xlink:href="https://xbrl.fasb.org/us-gaap/2024/elts/us-gaap-2024.xsd#us-gaap_ProfitLoss"/>
    <link:presentationArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaap_StatementLineItems_dde7a56c-8015-430c-8af1-bd7448ac4cbd" xlink:to="loc_us-gaap_ProfitLoss_f0b4e5c7-9308-434d-b8d9-4ecbfec10915" xlink:type="arc" preferredLabel="http://www.xbrl.org/2003/role/terseLabel"/>
    <link:loc xlink:type="locator" xlink:label="loc_us-gaap_PreferredStockDividendsIncomeStatementImpact_15455e9a-bfc0-439f-9f56-97435fc9af1c" xlink:href="https://xbrl.fasb.org/us-gaap/2024/elts/us-gaap-2024.xsd#us-gaap_PreferredStockDividendsIncomeStatementImpact"/>
    <link:presentationArc order="2" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaap_StatementLineItems_dde7a56c-8015-430c-8af1-bd7448ac4cbd" xlink:to="loc_us-gaap_PreferredStockDividendsIncomeStatementImpact_15455e9a-bfc0-439f-9f56-97435fc9af1c" xlink:type="arc" preferredLabel="http://www.xbrl.org/2009/role/negatedLabel"/>
    <link:loc xlink:type="locator" xlink:label="loc_frt_DistributionsDeclaredToPreferredUnitHolders_ab91bbdc-4270-4025-af56-88aa4b5c97fe" xlink:href="frt-20240930.xsd#frt_DistributionsDeclaredToPreferredUnitHolders"/>
    <link:presentationArc order="3" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaap_StatementLineItems_dde7a56c-8015-430c-8af1-bd7448ac4cbd" xlink:to="loc_frt_DistributionsDeclaredToPreferredUnitHolders_ab91bbdc-4270-4025-af56-88aa4b5c97fe" xlink:type="arc" preferredLabel="http://www.xbrl.org/2009/role/negatedLabel"/>
    <link:loc xlink:type="locator" xlink:label="loc_us-gaap_NetIncomeLossAttributableToNoncontrollingInterest_cf16c861-e8bc-4741-bca4-1556f2bf14aa" xlink:href="https://xbrl.fasb.org/us-gaap/2024/elts/us-gaap-2024.xsd#us-gaap_NetIncomeLossAttributableToNoncontrollingInterest"/>
    <link:presentationArc order="4" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaap_StatementLineItems_dde7a56c-8015-430c-8af1-bd7448ac4cbd" xlink:to="loc_us-gaap_NetIncomeLossAttributableToNoncontrollingInterest_cf16c861-e8bc-4741-bca4-1556f2bf14aa" xlink:type="arc" preferredLabel="http://www.xbrl.org/2009/role/negatedTerseLabel"/>
    <link:loc xlink:type="locator" xlink:label="loc_frt_EarningsAllocatedToUnvestedShares_341f15cf-a888-48f7-94b0-740b8292e895" xlink:href="frt-20240930.xsd#frt_EarningsAllocatedToUnvestedShares"/>
    <link:presentationArc order="5" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaap_StatementLineItems_dde7a56c-8015-430c-8af1-bd7448ac4cbd" xlink:to="loc_frt_EarningsAllocatedToUnvestedShares_341f15cf-a888-48f7-94b0-740b8292e895" xlink:type="arc" preferredLabel="http://www.xbrl.org/2009/role/negatedLabel"/>
    <link:loc xlink:type="locator" xlink:label="loc_frt_EarningsAllocatedToUnvestedUnits_3832ae7b-8498-4e70-b4df-739b02c30d05" xlink:href="frt-20240930.xsd#frt_EarningsAllocatedToUnvestedUnits"/>
    <link:presentationArc order="6" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaap_StatementLineItems_dde7a56c-8015-430c-8af1-bd7448ac4cbd" xlink:to="loc_frt_EarningsAllocatedToUnvestedUnits_3832ae7b-8498-4e70-b4df-739b02c30d05" xlink:type="arc" preferredLabel="http://www.xbrl.org/2009/role/negatedLabel"/>
    <link:loc xlink:type="locator" xlink:label="loc_frt_NetIncomeAvailableForCommonShareholdersBasic_fbb0e7ce-75a8-44c3-87b8-947c29500bd5" xlink:href="frt-20240930.xsd#frt_NetIncomeAvailableForCommonShareholdersBasic"/>
    <link:presentationArc order="7" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaap_StatementLineItems_dde7a56c-8015-430c-8af1-bd7448ac4cbd" xlink:to="loc_frt_NetIncomeAvailableForCommonShareholdersBasic_fbb0e7ce-75a8-44c3-87b8-947c29500bd5" xlink:type="arc" preferredLabel="http://www.xbrl.org/2003/role/terseLabel"/>
    <link:loc xlink:type="locator" xlink:label="loc_us-gaap_NetIncomeLossAvailableToCommonStockholdersDiluted_e9f68c5a-ebde-41a9-b894-209d93132bdc" xlink:href="https://xbrl.fasb.org/us-gaap/2024/elts/us-gaap-2024.xsd#us-gaap_NetIncomeLossAvailableToCommonStockholdersDiluted"/>
    <link:presentationArc order="8" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaap_StatementLineItems_dde7a56c-8015-430c-8af1-bd7448ac4cbd" xlink:to="loc_us-gaap_NetIncomeLossAvailableToCommonStockholdersDiluted_e9f68c5a-ebde-41a9-b894-209d93132bdc" xlink:type="arc" preferredLabel="http://www.xbrl.org/2003/role/terseLabel"/>
    <link:loc xlink:type="locator" xlink:label="loc_frt_NetIncomeAvailableForCommonUnitHoldersBasic_7a7bc921-be7a-4aa0-b0b0-7bbe75bdaeea" xlink:href="frt-20240930.xsd#frt_NetIncomeAvailableForCommonUnitHoldersBasic"/>
    <link:presentationArc order="9" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaap_StatementLineItems_dde7a56c-8015-430c-8af1-bd7448ac4cbd" xlink:to="loc_frt_NetIncomeAvailableForCommonUnitHoldersBasic_7a7bc921-be7a-4aa0-b0b0-7bbe75bdaeea" xlink:type="arc" preferredLabel="http://www.xbrl.org/2003/role/terseLabel"/>
    <link:loc xlink:type="locator" xlink:label="loc_frt_NetIncomeAvailableForCommonUnitHoldersDiluted_8d78589f-52ad-4fa7-a7fd-f275d81ea899" xlink:href="frt-20240930.xsd#frt_NetIncomeAvailableForCommonUnitHoldersDiluted"/>
    <link:presentationArc order="10" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaap_StatementLineItems_dde7a56c-8015-430c-8af1-bd7448ac4cbd" xlink:to="loc_frt_NetIncomeAvailableForCommonUnitHoldersDiluted_8d78589f-52ad-4fa7-a7fd-f275d81ea899" xlink:type="arc" preferredLabel="http://www.xbrl.org/2003/role/terseLabel"/>
    <link:loc xlink:type="locator" xlink:label="loc_us-gaap_WeightedAverageNumberOfSharesOutstandingBasic_a589ddd3-785e-4995-9b65-c1ef051ca04d" xlink:href="https://xbrl.fasb.org/us-gaap/2024/elts/us-gaap-2024.xsd#us-gaap_WeightedAverageNumberOfSharesOutstandingBasic"/>
    <link:presentationArc order="11" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaap_StatementLineItems_dde7a56c-8015-430c-8af1-bd7448ac4cbd" xlink:to="loc_us-gaap_WeightedAverageNumberOfSharesOutstandingBasic_a589ddd3-785e-4995-9b65-c1ef051ca04d" xlink:type="arc" preferredLabel="http://www.xbrl.org/2003/role/verboseLabel"/>
    <link:loc xlink:type="locator" xlink:label="loc_us-gaap_WeightedAverageLimitedPartnershipAndGeneralPartnershipUnitsOutstandingBasic_669cd7bf-70fe-4413-b2c4-542670776705" xlink:href="https://xbrl.fasb.org/us-gaap/2024/elts/us-gaap-2024.xsd#us-gaap_WeightedAverageLimitedPartnershipAndGeneralPartnershipUnitsOutstandingBasic"/>
    <link:presentationArc order="12" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaap_StatementLineItems_dde7a56c-8015-430c-8af1-bd7448ac4cbd" xlink:to="loc_us-gaap_WeightedAverageLimitedPartnershipAndGeneralPartnershipUnitsOutstandingBasic_669cd7bf-70fe-4413-b2c4-542670776705" xlink:type="arc" preferredLabel="http://www.xbrl.org/2003/role/verboseLabel"/>
    <link:loc xlink:type="locator" xlink:label="loc_us-gaap_WeightedAverageNumberOfDilutedSharesOutstanding_044b97cc-877a-4c36-a466-f0d445592293" xlink:href="https://xbrl.fasb.org/us-gaap/2024/elts/us-gaap-2024.xsd#us-gaap_WeightedAverageNumberOfDilutedSharesOutstanding"/>
    <link:presentationArc order="13" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaap_StatementLineItems_dde7a56c-8015-430c-8af1-bd7448ac4cbd" xlink:to="loc_us-gaap_WeightedAverageNumberOfDilutedSharesOutstanding_044b97cc-877a-4c36-a466-f0d445592293" xlink:type="arc" preferredLabel="http://www.xbrl.org/2003/role/verboseLabel"/>
    <link:loc xlink:type="locator" xlink:label="loc_frt_WeightedAverageNumberPartnershipUnitsOutstandingDiluted_65ab1947-d716-4d74-a980-b558a51d6f0c" xlink:href="frt-20240930.xsd#frt_WeightedAverageNumberPartnershipUnitsOutstandingDiluted"/>
    <link:presentationArc order="14" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaap_StatementLineItems_dde7a56c-8015-430c-8af1-bd7448ac4cbd" xlink:to="loc_frt_WeightedAverageNumberPartnershipUnitsOutstandingDiluted_65ab1947-d716-4d74-a980-b558a51d6f0c" xlink:type="arc" preferredLabel="http://www.xbrl.org/2003/role/terseLabel"/>
    <link:loc xlink:type="locator" xlink:label="loc_us-gaap_EarningsPerShareReconciliationAbstract_3651a45e-c9b4-4dc1-8049-6417460f38b0" xlink:href="https://xbrl.fasb.org/us-gaap/2024/elts/us-gaap-2024.xsd#us-gaap_EarningsPerShareReconciliationAbstract"/>
    <link:presentationArc order="15" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaap_StatementLineItems_dde7a56c-8015-430c-8af1-bd7448ac4cbd" xlink:to="loc_us-gaap_EarningsPerShareReconciliationAbstract_3651a45e-c9b4-4dc1-8049-6417460f38b0" xlink:type="arc" preferredLabel="http://www.xbrl.org/2003/role/terseLabel"/>
    <link:loc xlink:type="locator" xlink:label="loc_us-gaap_EarningsPerShareBasic_a9d5df76-b3ee-450b-b25f-5bfaf366adb6" xlink:href="https://xbrl.fasb.org/us-gaap/2024/elts/us-gaap-2024.xsd#us-gaap_EarningsPerShareBasic"/>
    <link:presentationArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaap_EarningsPerShareReconciliationAbstract_3651a45e-c9b4-4dc1-8049-6417460f38b0" xlink:to="loc_us-gaap_EarningsPerShareBasic_a9d5df76-b3ee-450b-b25f-5bfaf366adb6" xlink:type="arc" preferredLabel="http://www.xbrl.org/2003/role/terseLabel"/>
    <link:loc xlink:type="locator" xlink:label="loc_us-gaap_EarningsPerShareDiluted_b1791957-e86d-417b-8c7d-e4e2c268a616" xlink:href="https://xbrl.fasb.org/us-gaap/2024/elts/us-gaap-2024.xsd#us-gaap_EarningsPerShareDiluted"/>
    <link:presentationArc order="2" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaap_EarningsPerShareReconciliationAbstract_3651a45e-c9b4-4dc1-8049-6417460f38b0" xlink:to="loc_us-gaap_EarningsPerShareDiluted_b1791957-e86d-417b-8c7d-e4e2c268a616" xlink:type="arc" preferredLabel="http://www.xbrl.org/2003/role/terseLabel"/>
    <link:loc xlink:type="locator" xlink:label="loc_frt_EARNINGSPERCOMMONUNITBASICAbstract_596749d6-f0e6-4150-9ee2-4360d4609ff0" xlink:href="frt-20240930.xsd#frt_EARNINGSPERCOMMONUNITBASICAbstract"/>
    <link:presentationArc order="16" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaap_StatementLineItems_dde7a56c-8015-430c-8af1-bd7448ac4cbd" xlink:to="loc_frt_EARNINGSPERCOMMONUNITBASICAbstract_596749d6-f0e6-4150-9ee2-4360d4609ff0" xlink:type="arc" preferredLabel="http://www.xbrl.org/2003/role/terseLabel"/>
    <link:loc xlink:type="locator" xlink:label="loc_us-gaap_IncomeLossFromContinuingOperationsPerOutstandingGeneralPartnershipUnitNetOfTax_c87a0198-778c-4615-8ae0-c529c81c8b1d" xlink:href="https://xbrl.fasb.org/us-gaap/2024/elts/us-gaap-2024.xsd#us-gaap_IncomeLossFromContinuingOperationsPerOutstandingGeneralPartnershipUnitNetOfTax"/>
    <link:presentationArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_frt_EARNINGSPERCOMMONUNITBASICAbstract_596749d6-f0e6-4150-9ee2-4360d4609ff0" xlink:to="loc_us-gaap_IncomeLossFromContinuingOperationsPerOutstandingGeneralPartnershipUnitNetOfTax_c87a0198-778c-4615-8ae0-c529c81c8b1d" xlink:type="arc" preferredLabel="http://www.xbrl.org/2003/role/terseLabel"/>
    <link:loc xlink:type="locator" xlink:label="loc_frt_NetIncomeLossPerOutstandingLimitedPartnershipAndGeneralPartnershipUnitDilutedNetOfTax_2a5b6b61-77c8-48b8-9221-15e898731b6c" xlink:href="frt-20240930.xsd#frt_NetIncomeLossPerOutstandingLimitedPartnershipAndGeneralPartnershipUnitDilutedNetOfTax"/>
    <link:presentationArc order="2" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_frt_EARNINGSPERCOMMONUNITBASICAbstract_596749d6-f0e6-4150-9ee2-4360d4609ff0" xlink:to="loc_frt_NetIncomeLossPerOutstandingLimitedPartnershipAndGeneralPartnershipUnitDilutedNetOfTax_2a5b6b61-77c8-48b8-9221-15e898731b6c" xlink:type="arc" preferredLabel="http://www.xbrl.org/2003/role/terseLabel"/>
  </link:presentationLink>
</link:linkbase>
