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    <link:label id="lab_us-gaap_BusinessCombinationStepAcquisitionEquityInterestInAcquireeRemeasurementGain_8AB63607E38C8928675673FC35BDE792_negatedTerseLabel_en-US" xlink:label="lab_us-gaap_BusinessCombinationStepAcquisitionEquityInterestInAcquireeRemeasurementGain_8AB63607E38C8928675673FC35BDE792" xlink:role="http://www.xbrl.org/2009/role/negatedTerseLabel" xlink:type="resource" xml:lang="en-US">Gain on change in control of interests</link:label>
    <link:label id="lab_us-gaap_BusinessCombinationStepAcquisitionEquityInterestInAcquireeRemeasurementGain_8AB63607E38C8928675673FC35BDE792_label_en-US" xlink:label="lab_us-gaap_BusinessCombinationStepAcquisitionEquityInterestInAcquireeRemeasurementGain_8AB63607E38C8928675673FC35BDE792" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Business Combination, Step Acquisition, Equity Interest in Acquiree, Remeasurement Gain</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2015/elts/us-gaap-2015-01-31.xsd#us-gaap_BusinessCombinationStepAcquisitionEquityInterestInAcquireeRemeasurementGain" xlink:label="loc_us-gaap_BusinessCombinationStepAcquisitionEquityInterestInAcquireeRemeasurementGain_8AB63607E38C8928675673FC35BDE792" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_BusinessCombinationStepAcquisitionEquityInterestInAcquireeRemeasurementGain_8AB63607E38C8928675673FC35BDE792" xlink:to="lab_us-gaap_BusinessCombinationStepAcquisitionEquityInterestInAcquireeRemeasurementGain_8AB63607E38C8928675673FC35BDE792" xlink:type="arc" />
    <link:label id="lab_us-gaap_IncomeLossFromEquityMethodInvestments_CCF30CF94E596FF1F2FA73FC35BD5770_negatedLabel_en-US" xlink:label="lab_us-gaap_IncomeLossFromEquityMethodInvestments_CCF30CF94E596FF1F2FA73FC35BD5770" xlink:role="http://www.xbrl.org/2009/role/negatedLabel" xlink:type="resource" xml:lang="en-US">Income from real estate partnerships</link:label>
    <link:label id="lab_us-gaap_IncomeLossFromEquityMethodInvestments_CCF30CF94E596FF1F2FA73FC35BD5770_label_en-US" xlink:label="lab_us-gaap_IncomeLossFromEquityMethodInvestments_CCF30CF94E596FF1F2FA73FC35BD5770" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Income (Loss) from Equity Method Investments</link:label>
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    <link:label id="lab_us-gaap_OtherNoncashIncomeExpense_ED614EC67378EC7D535273FC35BD8F08_negatedTerseLabel_en-US" xlink:label="lab_us-gaap_OtherNoncashIncomeExpense_ED614EC67378EC7D535273FC35BD8F08" xlink:role="http://www.xbrl.org/2009/role/negatedTerseLabel" xlink:type="resource" xml:lang="en-US">Other, net</link:label>
    <link:label id="lab_us-gaap_OtherNoncashIncomeExpense_ED614EC67378EC7D535273FC35BD8F08_label_en-US" xlink:label="lab_us-gaap_OtherNoncashIncomeExpense_ED614EC67378EC7D535273FC35BD8F08" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Other Noncash Income (Expense)</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2015/elts/us-gaap-2015-01-31.xsd#us-gaap_OtherNoncashIncomeExpense" xlink:label="loc_us-gaap_OtherNoncashIncomeExpense_ED614EC67378EC7D535273FC35BD8F08" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_OtherNoncashIncomeExpense_ED614EC67378EC7D535273FC35BD8F08" xlink:to="lab_us-gaap_OtherNoncashIncomeExpense_ED614EC67378EC7D535273FC35BD8F08" xlink:type="arc" />
    <link:label id="lab_us-gaap_IncreaseDecreaseInOperatingCapitalAbstract_72B0017CC8A3362ACC9B73FC35BE7CD1_terseLabel_en-US" xlink:label="lab_us-gaap_IncreaseDecreaseInOperatingCapitalAbstract_72B0017CC8A3362ACC9B73FC35BE7CD1" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Changes in assets and liabilities, net of effects of acquisitions and dispositions:</link:label>
    <link:label id="lab_us-gaap_IncreaseDecreaseInOperatingCapitalAbstract_72B0017CC8A3362ACC9B73FC35BE7CD1_label_en-US" xlink:label="lab_us-gaap_IncreaseDecreaseInOperatingCapitalAbstract_72B0017CC8A3362ACC9B73FC35BE7CD1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Increase (Decrease) in Operating Capital [Abstract]</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2015/elts/us-gaap-2015-01-31.xsd#us-gaap_IncreaseDecreaseInOperatingCapitalAbstract" xlink:label="loc_us-gaap_IncreaseDecreaseInOperatingCapitalAbstract_72B0017CC8A3362ACC9B73FC35BE7CD1" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_IncreaseDecreaseInOperatingCapitalAbstract_72B0017CC8A3362ACC9B73FC35BE7CD1" xlink:to="lab_us-gaap_IncreaseDecreaseInOperatingCapitalAbstract_72B0017CC8A3362ACC9B73FC35BE7CD1" xlink:type="arc" />
    <link:label id="lab_us-gaap_IncreaseDecreaseInAccountsAndOtherReceivables_0313FEB6EA2F550177D173FC35BEE7A1_negatedLabel_en-US" xlink:label="lab_us-gaap_IncreaseDecreaseInAccountsAndOtherReceivables_0313FEB6EA2F550177D173FC35BEE7A1" xlink:role="http://www.xbrl.org/2009/role/negatedLabel" xlink:type="resource" xml:lang="en-US">Increase in accounts receivable</link:label>
    <link:label id="lab_us-gaap_IncreaseDecreaseInAccountsAndOtherReceivables_0313FEB6EA2F550177D173FC35BEE7A1_label_en-US" xlink:label="lab_us-gaap_IncreaseDecreaseInAccountsAndOtherReceivables_0313FEB6EA2F550177D173FC35BEE7A1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Increase (Decrease) in Accounts and Other Receivables</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2015/elts/us-gaap-2015-01-31.xsd#us-gaap_IncreaseDecreaseInAccountsAndOtherReceivables" xlink:label="loc_us-gaap_IncreaseDecreaseInAccountsAndOtherReceivables_0313FEB6EA2F550177D173FC35BEE7A1" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_IncreaseDecreaseInAccountsAndOtherReceivables_0313FEB6EA2F550177D173FC35BEE7A1" xlink:to="lab_us-gaap_IncreaseDecreaseInAccountsAndOtherReceivables_0313FEB6EA2F550177D173FC35BEE7A1" xlink:type="arc" />
    <link:label id="lab_us-gaap_IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets_0045199B85D26A2DFFEF73FC35BE14AF_negatedLabel_en-US" xlink:label="lab_us-gaap_IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets_0045199B85D26A2DFFEF73FC35BE14AF" xlink:role="http://www.xbrl.org/2009/role/negatedLabel" xlink:type="resource" xml:lang="en-US">Decrease (increase) in prepaid expenses and other assets</link:label>
    <link:label id="lab_us-gaap_IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets_0045199B85D26A2DFFEF73FC35BE14AF_label_en-US" xlink:label="lab_us-gaap_IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets_0045199B85D26A2DFFEF73FC35BE14AF" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Increase (Decrease) in Prepaid Expense and Other Assets</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2015/elts/us-gaap-2015-01-31.xsd#us-gaap_IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets" xlink:label="loc_us-gaap_IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets_0045199B85D26A2DFFEF73FC35BE14AF" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets_0045199B85D26A2DFFEF73FC35BE14AF" xlink:to="lab_us-gaap_IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets_0045199B85D26A2DFFEF73FC35BE14AF" xlink:type="arc" />
    <link:label id="lab_us-gaap_IncreaseDecreaseInAccountsPayableAndAccruedLiabilities_1933C2F4504BE54F317C73FC35BEE01E_terseLabel_en-US" xlink:label="lab_us-gaap_IncreaseDecreaseInAccountsPayableAndAccruedLiabilities_1933C2F4504BE54F317C73FC35BEE01E" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Increase in accounts payable and accrued expenses</link:label>
    <link:label id="lab_us-gaap_IncreaseDecreaseInAccountsPayableAndAccruedLiabilities_1933C2F4504BE54F317C73FC35BEE01E_label_en-US" xlink:label="lab_us-gaap_IncreaseDecreaseInAccountsPayableAndAccruedLiabilities_1933C2F4504BE54F317C73FC35BEE01E" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Increase (Decrease) in Accounts Payable and Accrued Liabilities</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2015/elts/us-gaap-2015-01-31.xsd#us-gaap_IncreaseDecreaseInAccountsPayableAndAccruedLiabilities" xlink:label="loc_us-gaap_IncreaseDecreaseInAccountsPayableAndAccruedLiabilities_1933C2F4504BE54F317C73FC35BEE01E" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_IncreaseDecreaseInAccountsPayableAndAccruedLiabilities_1933C2F4504BE54F317C73FC35BEE01E" xlink:to="lab_us-gaap_IncreaseDecreaseInAccountsPayableAndAccruedLiabilities_1933C2F4504BE54F317C73FC35BEE01E" xlink:type="arc" />
    <link:label id="lab_frt_IncreaseDecreaseInSecurityDepositsAndOtherLiabilities_6C310F9D4CC32D8C05E373FC35BE1AA8_terseLabel_en-US" xlink:label="lab_frt_IncreaseDecreaseInSecurityDepositsAndOtherLiabilities_6C310F9D4CC32D8C05E373FC35BE1AA8" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Decrease in security deposits and other liabilities</link:label>
    <link:label id="lab_frt_IncreaseDecreaseInSecurityDepositsAndOtherLiabilities_6C310F9D4CC32D8C05E373FC35BE1AA8_label_en-US" xlink:label="lab_frt_IncreaseDecreaseInSecurityDepositsAndOtherLiabilities_6C310F9D4CC32D8C05E373FC35BE1AA8" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Increase Decrease In Security Deposits And Other Liabilities</link:label>
    <link:label id="lab_frt_IncreaseDecreaseInSecurityDepositsAndOtherLiabilities_6C310F9D4CC32D8C05E373FC35BE1AA8_documentation_en-US" xlink:label="lab_frt_IncreaseDecreaseInSecurityDepositsAndOtherLiabilities_6C310F9D4CC32D8C05E373FC35BE1AA8" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">The net change in Security Deposits And Other Liabilities which includes security deposits, deferred revenue and prepaid rent. Also includes liabilities not individually reported in the financial statements, or not separately disclosed in notes.</link:label>
    <link:loc xlink:href="frt-20160331.xsd#frt_IncreaseDecreaseInSecurityDepositsAndOtherLiabilities" xlink:label="loc_frt_IncreaseDecreaseInSecurityDepositsAndOtherLiabilities_6C310F9D4CC32D8C05E373FC35BE1AA8" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_frt_IncreaseDecreaseInSecurityDepositsAndOtherLiabilities_6C310F9D4CC32D8C05E373FC35BE1AA8" xlink:to="lab_frt_IncreaseDecreaseInSecurityDepositsAndOtherLiabilities_6C310F9D4CC32D8C05E373FC35BE1AA8" xlink:type="arc" />
    <link:label id="lab_us-gaap_NetCashProvidedByUsedInOperatingActivities_57ACA87B66D737E2278773FC35BE5898_totalLabel_en-US" xlink:label="lab_us-gaap_NetCashProvidedByUsedInOperatingActivities_57ACA87B66D737E2278773FC35BE5898" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:type="resource" xml:lang="en-US">Net cash provided by operating activities</link:label>
    <link:label id="lab_us-gaap_NetCashProvidedByUsedInOperatingActivities_57ACA87B66D737E2278773FC35BE5898_label_en-US" xlink:label="lab_us-gaap_NetCashProvidedByUsedInOperatingActivities_57ACA87B66D737E2278773FC35BE5898" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Net Cash Provided by (Used in) Operating Activities</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2015/elts/us-gaap-2015-01-31.xsd#us-gaap_NetCashProvidedByUsedInOperatingActivities" xlink:label="loc_us-gaap_NetCashProvidedByUsedInOperatingActivities_57ACA87B66D737E2278773FC35BE5898" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_NetCashProvidedByUsedInOperatingActivities_57ACA87B66D737E2278773FC35BE5898" xlink:to="lab_us-gaap_NetCashProvidedByUsedInOperatingActivities_57ACA87B66D737E2278773FC35BE5898" xlink:type="arc" />
    <link:label id="lab_us-gaap_NetCashProvidedByUsedInInvestingActivitiesAbstract_EC870F9DE6E3FFA2A9B073FC35BEF214_terseLabel_en-US" xlink:label="lab_us-gaap_NetCashProvidedByUsedInInvestingActivitiesAbstract_EC870F9DE6E3FFA2A9B073FC35BEF214" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">INVESTING ACTIVITIES</link:label>
    <link:label id="lab_us-gaap_NetCashProvidedByUsedInInvestingActivitiesAbstract_EC870F9DE6E3FFA2A9B073FC35BEF214_label_en-US" xlink:label="lab_us-gaap_NetCashProvidedByUsedInInvestingActivitiesAbstract_EC870F9DE6E3FFA2A9B073FC35BEF214" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Net Cash Provided by (Used in) Investing Activities [Abstract]</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2015/elts/us-gaap-2015-01-31.xsd#us-gaap_NetCashProvidedByUsedInInvestingActivitiesAbstract" xlink:label="loc_us-gaap_NetCashProvidedByUsedInInvestingActivitiesAbstract_EC870F9DE6E3FFA2A9B073FC35BEF214" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_NetCashProvidedByUsedInInvestingActivitiesAbstract_EC870F9DE6E3FFA2A9B073FC35BEF214" xlink:to="lab_us-gaap_NetCashProvidedByUsedInInvestingActivitiesAbstract_EC870F9DE6E3FFA2A9B073FC35BEF214" xlink:type="arc" />
    <link:label id="lab_us-gaap_PaymentsToAcquireRealEstate_09854DA5B5621FEE0F0173FC35BE0021_negatedTerseLabel_en-US" xlink:label="lab_us-gaap_PaymentsToAcquireRealEstate_09854DA5B5621FEE0F0173FC35BE0021" xlink:role="http://www.xbrl.org/2009/role/negatedTerseLabel" xlink:type="resource" xml:lang="en-US">Acquisition of real estate</link:label>
    <link:label id="lab_us-gaap_PaymentsToAcquireRealEstate_09854DA5B5621FEE0F0173FC35BE0021_label_en-US" xlink:label="lab_us-gaap_PaymentsToAcquireRealEstate_09854DA5B5621FEE0F0173FC35BE0021" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Payments to Acquire Real Estate</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2015/elts/us-gaap-2015-01-31.xsd#us-gaap_PaymentsToAcquireRealEstate" xlink:label="loc_us-gaap_PaymentsToAcquireRealEstate_09854DA5B5621FEE0F0173FC35BE0021" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_PaymentsToAcquireRealEstate_09854DA5B5621FEE0F0173FC35BE0021" xlink:to="lab_us-gaap_PaymentsToAcquireRealEstate_09854DA5B5621FEE0F0173FC35BE0021" xlink:type="arc" />
    <link:label id="lab_frt_CapitalExpendituresDevelopmentRedevelopment_6DB7D4E06C51CFE705B673FC35BE3539_negatedLabel_en-US" xlink:label="lab_frt_CapitalExpendituresDevelopmentRedevelopment_6DB7D4E06C51CFE705B673FC35BE3539" xlink:role="http://www.xbrl.org/2009/role/negatedLabel" xlink:type="resource" xml:lang="en-US">Capital expenditures - development and redevelopment</link:label>
    <link:label id="lab_frt_CapitalExpendituresDevelopmentRedevelopment_6DB7D4E06C51CFE705B673FC35BE3539_label_en-US" xlink:label="lab_frt_CapitalExpendituresDevelopmentRedevelopment_6DB7D4E06C51CFE705B673FC35BE3539" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Capital Expenditures Development Redevelopment</link:label>
    <link:label id="lab_frt_CapitalExpendituresDevelopmentRedevelopment_6DB7D4E06C51CFE705B673FC35BE3539_documentation_en-US" xlink:label="lab_frt_CapitalExpendituresDevelopmentRedevelopment_6DB7D4E06C51CFE705B673FC35BE3539" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Payments to develop or redevelop real estate assets is the process of adding improvements on or to a parcel of land. Such improvements may include drainage, utilities, subdividing, access, buildings, and any combination of these elements. In addition, the cash outflow from construction costs to date on capital projects that have not been completed and assets being constructed that are not ready to be placed into service.</link:label>
    <link:loc xlink:href="frt-20160331.xsd#frt_CapitalExpendituresDevelopmentRedevelopment" xlink:label="loc_frt_CapitalExpendituresDevelopmentRedevelopment_6DB7D4E06C51CFE705B673FC35BE3539" xlink:type="locator" />
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    <link:label id="lab_us-gaap_PaymentsForCapitalImprovements_1F9482598AB1F399339173FC35BE8A95_negatedLabel_en-US" xlink:label="lab_us-gaap_PaymentsForCapitalImprovements_1F9482598AB1F399339173FC35BE8A95" xlink:role="http://www.xbrl.org/2009/role/negatedLabel" xlink:type="resource" xml:lang="en-US">Capital expenditures - other</link:label>
    <link:label id="lab_us-gaap_PaymentsForCapitalImprovements_1F9482598AB1F399339173FC35BE8A95_label_en-US" xlink:label="lab_us-gaap_PaymentsForCapitalImprovements_1F9482598AB1F399339173FC35BE8A95" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Payments for Capital Improvements</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2015/elts/us-gaap-2015-01-31.xsd#us-gaap_PaymentsForCapitalImprovements" xlink:label="loc_us-gaap_PaymentsForCapitalImprovements_1F9482598AB1F399339173FC35BE8A95" xlink:type="locator" />
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    <link:label id="lab_us-gaap_PaymentsToAcquireInterestInSubsidiariesAndAffiliates_0ED297413EF969AA3DBA73FC35BE3B84_negatedTerseLabel_en-US" xlink:label="lab_us-gaap_PaymentsToAcquireInterestInSubsidiariesAndAffiliates_0ED297413EF969AA3DBA73FC35BE3B84" xlink:role="http://www.xbrl.org/2009/role/negatedTerseLabel" xlink:type="resource" xml:lang="en-US">Investment in real estate partnership</link:label>
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    <link:label id="lab_us-gaap_IncreaseDecreaseInLeaseAcquisitionCosts_A8B23B69F4E401EE434E73FC35BEFDE1_negatedLabel_en-US" xlink:label="lab_us-gaap_IncreaseDecreaseInLeaseAcquisitionCosts_A8B23B69F4E401EE434E73FC35BEFDE1" xlink:role="http://www.xbrl.org/2009/role/negatedLabel" xlink:type="resource" xml:lang="en-US">Leasing costs</link:label>
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    <link:label id="lab_frt_IssuanceAndRepaymentsOfMortgageAndOtherNotesReceivableNet_62311C419F738736716E73FC35BEA037_negatedLabel_en-US" xlink:label="lab_frt_IssuanceAndRepaymentsOfMortgageAndOtherNotesReceivableNet_62311C419F738736716E73FC35BEA037" xlink:role="http://www.xbrl.org/2009/role/negatedLabel" xlink:type="resource" xml:lang="en-US">Repayment of mortgage and other notes receivable, net</link:label>
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    <link:label id="lab_frt_IssuanceAndRepaymentsOfMortgageAndOtherNotesReceivableNet_62311C419F738736716E73FC35BEA037_documentation_en-US" xlink:label="lab_frt_IssuanceAndRepaymentsOfMortgageAndOtherNotesReceivableNet_62311C419F738736716E73FC35BEA037" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">The cash outflow from the issuance and purchase of receivables arising from the mortgage note on real estate and other notes receivable, net of repayments.</link:label>
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    <link:label id="lab_us-gaap_NetCashProvidedByUsedInInvestingActivities_51F2DB34647ED8984FED73FC35BE2ADE_totalLabel_en-US" xlink:label="lab_us-gaap_NetCashProvidedByUsedInInvestingActivities_51F2DB34647ED8984FED73FC35BE2ADE" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:type="resource" xml:lang="en-US">Net cash used in investing activities</link:label>
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    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2015/elts/us-gaap-2015-01-31.xsd#us-gaap_NetCashProvidedByUsedInFinancingActivitiesAbstract" xlink:label="loc_us-gaap_NetCashProvidedByUsedInFinancingActivitiesAbstract_DB487375AFAA1A9B2AC373FC35BE70ED" xlink:type="locator" />
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    <link:label id="lab_us-gaap_ProceedsFromRepaymentsOfLinesOfCredit_CE48229F6861900D977773FC35BE8C30_terseLabel_en-US" xlink:label="lab_us-gaap_ProceedsFromRepaymentsOfLinesOfCredit_CE48229F6861900D977773FC35BE8C30" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Net repayments under revolving credit facility, net of costs</link:label>
    <link:label id="lab_us-gaap_ProceedsFromRepaymentsOfLinesOfCredit_CE48229F6861900D977773FC35BE8C30_label_en-US" xlink:label="lab_us-gaap_ProceedsFromRepaymentsOfLinesOfCredit_CE48229F6861900D977773FC35BE8C30" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Proceeds from (Repayments of) Lines of Credit</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2015/elts/us-gaap-2015-01-31.xsd#us-gaap_ProceedsFromRepaymentsOfLinesOfCredit" xlink:label="loc_us-gaap_ProceedsFromRepaymentsOfLinesOfCredit_CE48229F6861900D977773FC35BE8C30" xlink:type="locator" />
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    <link:label id="lab_us-gaap_ProceedsFromIssuanceOfSeniorLongTermDebt_25E961288B35F8EA072573FC35BFDF0A_terseLabel_en-US" xlink:label="lab_us-gaap_ProceedsFromIssuanceOfSeniorLongTermDebt_25E961288B35F8EA072573FC35BFDF0A" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Issuance of senior notes, net of costs</link:label>
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    <link:label id="lab_us-gaap_RepaymentsOfLongTermDebtAndCapitalSecurities_F8C87E5A07DE79CA7BA573FC35BFD8E7_negatedLabel_en-US" xlink:label="lab_us-gaap_RepaymentsOfLongTermDebtAndCapitalSecurities_F8C87E5A07DE79CA7BA573FC35BFD8E7" xlink:role="http://www.xbrl.org/2009/role/negatedLabel" xlink:type="resource" xml:lang="en-US">Repayment of mortgages, capital leases and notes and other payables</link:label>
    <link:label id="lab_us-gaap_RepaymentsOfLongTermDebtAndCapitalSecurities_F8C87E5A07DE79CA7BA573FC35BFD8E7_label_en-US" xlink:label="lab_us-gaap_RepaymentsOfLongTermDebtAndCapitalSecurities_F8C87E5A07DE79CA7BA573FC35BFD8E7" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Repayments of Long-term Debt, Long-term Capital Lease Obligations, and Capital Securities</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2015/elts/us-gaap-2015-01-31.xsd#us-gaap_RepaymentsOfLongTermDebtAndCapitalSecurities" xlink:label="loc_us-gaap_RepaymentsOfLongTermDebtAndCapitalSecurities_F8C87E5A07DE79CA7BA573FC35BFD8E7" xlink:type="locator" />
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    <link:label id="lab_us-gaap_ProceedsFromIssuanceOfCommonStock_CE04148B074B71B8023673FC35BF5D9F_verboseLabel_en-US" xlink:label="lab_us-gaap_ProceedsFromIssuanceOfCommonStock_CE04148B074B71B8023673FC35BF5D9F" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:type="resource" xml:lang="en-US">Issuance of common shares</link:label>
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    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2015/elts/us-gaap-2015-01-31.xsd#us-gaap_ProceedsFromIssuanceOfCommonStock" xlink:label="loc_us-gaap_ProceedsFromIssuanceOfCommonStock_CE04148B074B71B8023673FC35BF5D9F" xlink:type="locator" />
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    <link:label id="lab_frt_DividendsPaidToCommonAndPreferredShareholders_D4274E9D9C91EDB69B1873FC35BF91F1_negatedLabel_en-US" xlink:label="lab_frt_DividendsPaidToCommonAndPreferredShareholders_D4274E9D9C91EDB69B1873FC35BF91F1" xlink:role="http://www.xbrl.org/2009/role/negatedLabel" xlink:type="resource" xml:lang="en-US">Dividends paid to common and preferred shareholders</link:label>
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    <link:label id="lab_frt_DividendsPaidToCommonAndPreferredShareholders_D4274E9D9C91EDB69B1873FC35BF91F1_documentation_en-US" xlink:label="lab_frt_DividendsPaidToCommonAndPreferredShareholders_D4274E9D9C91EDB69B1873FC35BF91F1" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">The cash outflow from distribution of an entity's earnings to common and preferred stockholders.</link:label>
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    <link:label id="lab_frt_Paymentsofdividendsandredemptionsminorityinterest_2A7EF48AE0CDB995EA8873FC35BF3095_negatedTerseLabel_en-US" xlink:label="lab_frt_Paymentsofdividendsandredemptionsminorityinterest_2A7EF48AE0CDB995EA8873FC35BF3095" xlink:role="http://www.xbrl.org/2009/role/negatedTerseLabel" xlink:type="resource" xml:lang="en-US">Distributions to and redemptions of noncontrolling interests</link:label>
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    <link:label id="lab_frt_Paymentsofdividendsandredemptionsminorityinterest_2A7EF48AE0CDB995EA8873FC35BF3095_documentation_en-US" xlink:label="lab_frt_Paymentsofdividendsandredemptionsminorityinterest_2A7EF48AE0CDB995EA8873FC35BF3095" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">The cash outflow for the return on capital for noncontrolled interest in the entity and cash outflow during the period for redemptions of noncontrolling interests.</link:label>
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    <link:label id="lab_us-gaap_PaymentsForRepurchaseOfRedeemableNoncontrollingInterest_5BF992657105F340796273FC35BF1854_negatedTerseLabel_en-US" xlink:label="lab_us-gaap_PaymentsForRepurchaseOfRedeemableNoncontrollingInterest_5BF992657105F340796273FC35BF1854" xlink:role="http://www.xbrl.org/2009/role/negatedTerseLabel" xlink:type="resource" xml:lang="en-US">Redemption of redeemable noncontrolling interests</link:label>
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    <link:label id="lab_us-gaap_NetCashProvidedByUsedInFinancingActivities_96488F200BD34F80680A73FC35BF6AFA_totalLabel_en-US" xlink:label="lab_us-gaap_NetCashProvidedByUsedInFinancingActivities_96488F200BD34F80680A73FC35BF6AFA" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:type="resource" xml:lang="en-US">Net cash provided by financing activities</link:label>
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    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2015/elts/us-gaap-2015-01-31.xsd#us-gaap_NetCashProvidedByUsedInFinancingActivities" xlink:label="loc_us-gaap_NetCashProvidedByUsedInFinancingActivities_96488F200BD34F80680A73FC35BF6AFA" xlink:type="locator" />
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    <link:label id="lab_us-gaap_CashAndCashEquivalentsPeriodIncreaseDecrease_B38C895380688A1663ED73FC35BF564A_totalLabel_en-US" xlink:label="lab_us-gaap_CashAndCashEquivalentsPeriodIncreaseDecrease_B38C895380688A1663ED73FC35BF564A" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:type="resource" xml:lang="en-US">(Decrease) increase in cash and cash equivalents</link:label>
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    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_IncomeLossFromContinuingOperationsIncludingPortionAttributableToNoncontrollingInterest_796826D21EFE11D065F879A57A3F69F7" xlink:to="lab_us-gaap_IncomeLossFromContinuingOperationsIncludingPortionAttributableToNoncontrollingInterest_796826D21EFE11D065F879A57A3F69F7" xlink:type="arc" />
    <link:label id="lab_us-gaap_PreferredStockDividendsIncomeStatementImpact_B4462EEF041355EB7E2A79A57A3F8B48_negatedLabel_en-US" xlink:label="lab_us-gaap_PreferredStockDividendsIncomeStatementImpact_B4462EEF041355EB7E2A79A57A3F8B48" xlink:role="http://www.xbrl.org/2009/role/negatedLabel" xlink:type="resource" xml:lang="en-US">Less: Preferred share dividends</link:label>
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    <link:label id="lab_frt_EarningsAllocatedToUnvestedShares_2703C42B5AB7268B578879A57A3F89F8_negatedLabel_en-US" xlink:label="lab_frt_EarningsAllocatedToUnvestedShares_2703C42B5AB7268B578879A57A3F89F8" xlink:role="http://www.xbrl.org/2009/role/negatedLabel" xlink:type="resource" xml:lang="en-US">Less: Earnings allocated to unvested shares</link:label>
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    <link:label id="lab_us-gaap_BusinessCombinationStepAcquisitionEquityInterestInAcquireeRemeasurementGain_9C4BF1310CE7F9EC7BC779A57A3F12DB_terseLabel_en-US" xlink:label="lab_us-gaap_BusinessCombinationStepAcquisitionEquityInterestInAcquireeRemeasurementGain_9C4BF1310CE7F9EC7BC779A57A3F12DB" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Gain on change in control of interests</link:label>
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    <link:label id="lab_frt_NetIncomeAvailableForCommonShareholdersBasicAndDiluted_17254776FE72A0750AEC79A57A44FCA5_terseLabel_en-US" xlink:label="lab_frt_NetIncomeAvailableForCommonShareholdersBasicAndDiluted_17254776FE72A0750AEC79A57A44FCA5" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Net income available for common shareholders, basic and diluted</link:label>
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    <link:label id="lab_frt_PreviousvotinginterestentityMember_E1E77B4778C91D62B8AF74B288BA4FB2_terseLabel_en-US" xlink:label="lab_frt_PreviousvotinginterestentityMember_E1E77B4778C91D62B8AF74B288BA4FB2" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Previous voting interest entity</link:label>
    <link:label id="lab_frt_PreviousvotinginterestentityMember_E1E77B4778C91D62B8AF74B288BA4FB2_label_en-US" xlink:label="lab_frt_PreviousvotinginterestentityMember_E1E77B4778C91D62B8AF74B288BA4FB2" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Previous voting interest entity [Member]</link:label>
    <link:label id="lab_frt_PreviousvotinginterestentityMember_E1E77B4778C91D62B8AF74B288BA4FB2_documentation_en-US" xlink:label="lab_frt_PreviousvotinginterestentityMember_E1E77B4778C91D62B8AF74B288BA4FB2" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Previous voting interest entity prior to adoption of ASU.</link:label>
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    <link:label id="lab_frt_PikeandRoseHotelJVMember_85436D35ADFF8D3A300374B288BA76E2_terseLabel_en-US" xlink:label="lab_frt_PikeandRoseHotelJVMember_85436D35ADFF8D3A300374B288BA76E2" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Pike and Rose Hotel JV</link:label>
    <link:label id="lab_frt_PikeandRoseHotelJVMember_85436D35ADFF8D3A300374B288BA76E2_label_en-US" xlink:label="lab_frt_PikeandRoseHotelJVMember_85436D35ADFF8D3A300374B288BA76E2" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Pike and Rose Hotel JV [Member]</link:label>
    <link:label id="lab_frt_PikeandRoseHotelJVMember_85436D35ADFF8D3A300374B288BA76E2_documentation_en-US" xlink:label="lab_frt_PikeandRoseHotelJVMember_85436D35ADFF8D3A300374B288BA76E2" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Pike and Rose Hotel JV</link:label>
    <link:loc xlink:href="frt-20160331.xsd#frt_PikeandRoseHotelJVMember" xlink:label="loc_frt_PikeandRoseHotelJVMember_85436D35ADFF8D3A300374B288BA76E2" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_frt_PikeandRoseHotelJVMember_85436D35ADFF8D3A300374B288BA76E2" xlink:to="lab_frt_PikeandRoseHotelJVMember_85436D35ADFF8D3A300374B288BA76E2" xlink:type="arc" />
    <link:label id="lab_us-gaap_NewAccountingPronouncementsOrChangeInAccountingPrincipleLineItems_E71CD2600DA66DB655F674B288BB3FB6_terseLabel_en-US" xlink:label="lab_us-gaap_NewAccountingPronouncementsOrChangeInAccountingPrincipleLineItems_E71CD2600DA66DB655F674B288BB3FB6" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">New Accounting Pronouncements or Change in Accounting Principle [Line Items]</link:label>
    <link:label id="lab_us-gaap_NewAccountingPronouncementsOrChangeInAccountingPrincipleLineItems_E71CD2600DA66DB655F674B288BB3FB6_label_en-US" xlink:label="lab_us-gaap_NewAccountingPronouncementsOrChangeInAccountingPrincipleLineItems_E71CD2600DA66DB655F674B288BB3FB6" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">New Accounting Pronouncements or Change in Accounting Principle [Line Items]</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2015/elts/us-gaap-2015-01-31.xsd#us-gaap_NewAccountingPronouncementsOrChangeInAccountingPrincipleLineItems" xlink:label="loc_us-gaap_NewAccountingPronouncementsOrChangeInAccountingPrincipleLineItems_E71CD2600DA66DB655F674B288BB3FB6" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_NewAccountingPronouncementsOrChangeInAccountingPrincipleLineItems_E71CD2600DA66DB655F674B288BB3FB6" xlink:to="lab_us-gaap_NewAccountingPronouncementsOrChangeInAccountingPrincipleLineItems_E71CD2600DA66DB655F674B288BB3FB6" xlink:type="arc" />
    <link:label id="lab_frt_NumberofPropertiesPreviouslyConsolidatedasVotingInterestEntities_197A2413A8D9D6BEBB5F74B6B6732792_terseLabel_en-US" xlink:label="lab_frt_NumberofPropertiesPreviouslyConsolidatedasVotingInterestEntities_197A2413A8D9D6BEBB5F74B6B6732792" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Number of variable interest entities previously consolidated as voting interest entities</link:label>
    <link:label id="lab_frt_NumberofPropertiesPreviouslyConsolidatedasVotingInterestEntities_197A2413A8D9D6BEBB5F74B6B6732792_label_en-US" xlink:label="lab_frt_NumberofPropertiesPreviouslyConsolidatedasVotingInterestEntities_197A2413A8D9D6BEBB5F74B6B6732792" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Number of Properties Previously Consolidated as Voting Interest Entities</link:label>
    <link:label id="lab_frt_NumberofPropertiesPreviouslyConsolidatedasVotingInterestEntities_197A2413A8D9D6BEBB5F74B6B6732792_documentation_en-US" xlink:label="lab_frt_NumberofPropertiesPreviouslyConsolidatedasVotingInterestEntities_197A2413A8D9D6BEBB5F74B6B6732792" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Number of variable interest entity properties that were previously consolidated as voting interest entities prior to the adoption of ASU 2015-02, "Amendments to the Consolidation Analysis."</link:label>
    <link:loc xlink:href="frt-20160331.xsd#frt_NumberofPropertiesPreviouslyConsolidatedasVotingInterestEntities" xlink:label="loc_frt_NumberofPropertiesPreviouslyConsolidatedasVotingInterestEntities_197A2413A8D9D6BEBB5F74B6B6732792" xlink:type="locator" />
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    <link:label id="lab_us-gaap_VariableInterestEntityConsolidatedCarryingAmountAssetsAndLiabilitiesNet_DFADE1BD5AC375375CFF74B288BB6370_terseLabel_en-US" xlink:label="lab_us-gaap_VariableInterestEntityConsolidatedCarryingAmountAssetsAndLiabilitiesNet_DFADE1BD5AC375375CFF74B288BB6370" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Net real estate assets of VIEs previously consolidated as voting interest entities</link:label>
    <link:label id="lab_us-gaap_VariableInterestEntityConsolidatedCarryingAmountAssetsAndLiabilitiesNet_DFADE1BD5AC375375CFF74B288BB6370_label_en-US" xlink:label="lab_us-gaap_VariableInterestEntityConsolidatedCarryingAmountAssetsAndLiabilitiesNet_DFADE1BD5AC375375CFF74B288BB6370" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Variable Interest Entity, Consolidated, Carrying Amount, Assets and Liabilities, Net</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2015/elts/us-gaap-2015-01-31.xsd#us-gaap_VariableInterestEntityConsolidatedCarryingAmountAssetsAndLiabilitiesNet" xlink:label="loc_us-gaap_VariableInterestEntityConsolidatedCarryingAmountAssetsAndLiabilitiesNet_DFADE1BD5AC375375CFF74B288BB6370" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_VariableInterestEntityConsolidatedCarryingAmountAssetsAndLiabilitiesNet_DFADE1BD5AC375375CFF74B288BB6370" xlink:to="lab_us-gaap_VariableInterestEntityConsolidatedCarryingAmountAssetsAndLiabilitiesNet_DFADE1BD5AC375375CFF74B288BB6370" xlink:type="arc" />
    <link:label id="lab_frt_MortgagePayableFromConsolidatedVariableInterestEntities_1BC954C13E1FCC2BEFDC74B288BB6E0F_verboseLabel_en-US" xlink:label="lab_frt_MortgagePayableFromConsolidatedVariableInterestEntities_1BC954C13E1FCC2BEFDC74B288BB6E0F" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:type="resource" xml:lang="en-US">Mortgages payable of VIEs previously consolidated as voting interest entities</link:label>
    <link:label id="lab_frt_MortgagePayableFromConsolidatedVariableInterestEntities_1BC954C13E1FCC2BEFDC74B288BB6E0F_label_en-US" xlink:label="lab_frt_MortgagePayableFromConsolidatedVariableInterestEntities_1BC954C13E1FCC2BEFDC74B288BB6E0F" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Mortgage Payable From Consolidated Variable Interest Entities</link:label>
    <link:label id="lab_frt_MortgagePayableFromConsolidatedVariableInterestEntities_1BC954C13E1FCC2BEFDC74B288BB6E0F_documentation_en-US" xlink:label="lab_frt_MortgagePayableFromConsolidatedVariableInterestEntities_1BC954C13E1FCC2BEFDC74B288BB6E0F" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Mortgages payable balances from variable interest entities, or VIEs, for the periods presented.</link:label>
    <link:loc xlink:href="frt-20160331.xsd#frt_MortgagePayableFromConsolidatedVariableInterestEntities" xlink:label="loc_frt_MortgagePayableFromConsolidatedVariableInterestEntities_1BC954C13E1FCC2BEFDC74B288BB6E0F" xlink:type="locator" />
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    <link:label id="lab_us-gaap_VariableInterestEntityNonconsolidatedCarryingAmountAssets_FD967EFF8DBAB7AF1EA374B288BB06F0_terseLabel_en-US" xlink:label="lab_us-gaap_VariableInterestEntityNonconsolidatedCarryingAmountAssets_FD967EFF8DBAB7AF1EA374B288BB06F0" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Investment in variable interest entity</link:label>
    <link:label id="lab_us-gaap_VariableInterestEntityNonconsolidatedCarryingAmountAssets_FD967EFF8DBAB7AF1EA374B288BB06F0_label_en-US" xlink:label="lab_us-gaap_VariableInterestEntityNonconsolidatedCarryingAmountAssets_FD967EFF8DBAB7AF1EA374B288BB06F0" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Variable Interest Entity, Nonconsolidated, Carrying Amount, Assets</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2015/elts/us-gaap-2015-01-31.xsd#us-gaap_VariableInterestEntityNonconsolidatedCarryingAmountAssets" xlink:label="loc_us-gaap_VariableInterestEntityNonconsolidatedCarryingAmountAssets_FD967EFF8DBAB7AF1EA374B288BB06F0" xlink:type="locator" />
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    <link:label id="lab_us-gaap_VariableInterestEntityEntityMaximumLossExposureAmount_9E0AB0786B32A348172274B288BB2B20_terseLabel_en-US" xlink:label="lab_us-gaap_VariableInterestEntityEntityMaximumLossExposureAmount_9E0AB0786B32A348172274B288BB2B20" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Maximum exposure to loss in variable interest entity</link:label>
    <link:label id="lab_us-gaap_VariableInterestEntityEntityMaximumLossExposureAmount_9E0AB0786B32A348172274B288BB2B20_label_en-US" xlink:label="lab_us-gaap_VariableInterestEntityEntityMaximumLossExposureAmount_9E0AB0786B32A348172274B288BB2B20" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Variable Interest Entity, Reporting Entity Involvement, Maximum Loss Exposure, Amount</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2015/elts/us-gaap-2015-01-31.xsd#us-gaap_VariableInterestEntityEntityMaximumLossExposureAmount" xlink:label="loc_us-gaap_VariableInterestEntityEntityMaximumLossExposureAmount_9E0AB0786B32A348172274B288BB2B20" xlink:type="locator" />
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    <link:label id="lab_us-gaap_UnamortizedDebtIssuanceExpense_0F8A458828E8006B647B74B288BB4354_terseLabel_en-US" xlink:label="lab_us-gaap_UnamortizedDebtIssuanceExpense_0F8A458828E8006B647B74B288BB4354" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Unamortized Debt Issuance Costs</link:label>
    <link:label id="lab_us-gaap_UnamortizedDebtIssuanceExpense_0F8A458828E8006B647B74B288BB4354_label_en-US" xlink:label="lab_us-gaap_UnamortizedDebtIssuanceExpense_0F8A458828E8006B647B74B288BB4354" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Unamortized Debt Issuance Expense</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2015/elts/us-gaap-2015-01-31.xsd#us-gaap_UnamortizedDebtIssuanceExpense" xlink:label="loc_us-gaap_UnamortizedDebtIssuanceExpense_0F8A458828E8006B647B74B288BB4354" xlink:type="locator" />
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    <link:label id="lab_us-gaap_ScheduleOfBusinessAcquisitionsByAcquisitionTable_D4C46E971E6138AA112273FC35A128ED_terseLabel_en-US" xlink:label="lab_us-gaap_ScheduleOfBusinessAcquisitionsByAcquisitionTable_D4C46E971E6138AA112273FC35A128ED" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Schedule of Significant Acquisitions [Table]</link:label>
    <link:label id="lab_us-gaap_ScheduleOfBusinessAcquisitionsByAcquisitionTable_D4C46E971E6138AA112273FC35A128ED_label_en-US" xlink:label="lab_us-gaap_ScheduleOfBusinessAcquisitionsByAcquisitionTable_D4C46E971E6138AA112273FC35A128ED" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Schedule of Business Acquisitions, by Acquisition [Table]</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2015/elts/us-gaap-2015-01-31.xsd#us-gaap_ScheduleOfBusinessAcquisitionsByAcquisitionTable" xlink:label="loc_us-gaap_ScheduleOfBusinessAcquisitionsByAcquisitionTable_D4C46E971E6138AA112273FC35A128ED" xlink:type="locator" />
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    <link:label id="lab_us-gaap_ScheduleOfEquityMethodInvestmentEquityMethodInvesteeNameAxis_5735C878E086D4A798A573FC35A2CD63_terseLabel_en-US" xlink:label="lab_us-gaap_ScheduleOfEquityMethodInvestmentEquityMethodInvesteeNameAxis_5735C878E086D4A798A573FC35A2CD63" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Investment, Name [Axis]</link:label>
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    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2015/elts/us-gaap-2015-01-31.xsd#us-gaap_ScheduleOfEquityMethodInvestmentEquityMethodInvesteeNameAxis" xlink:label="loc_us-gaap_ScheduleOfEquityMethodInvestmentEquityMethodInvesteeNameAxis_5735C878E086D4A798A573FC35A2CD63" xlink:type="locator" />
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    <link:label id="lab_us-gaap_EquityMethodInvesteeNameDomain_E339C669613011F966D373FC35A2FAF6_terseLabel_en-US" xlink:label="lab_us-gaap_EquityMethodInvesteeNameDomain_E339C669613011F966D373FC35A2FAF6" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Investment, Name [Domain]</link:label>
    <link:label id="lab_us-gaap_EquityMethodInvesteeNameDomain_E339C669613011F966D373FC35A2FAF6_label_en-US" xlink:label="lab_us-gaap_EquityMethodInvesteeNameDomain_E339C669613011F966D373FC35A2FAF6" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Investment, Name [Domain]</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2015/elts/us-gaap-2015-01-31.xsd#us-gaap_EquityMethodInvesteeNameDomain" xlink:label="loc_us-gaap_EquityMethodInvesteeNameDomain_E339C669613011F966D373FC35A2FAF6" xlink:type="locator" />
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    <link:label id="lab_frt_FederalRealtyInvestmentTrustINGClarionPartnersPartnershipMember_5D13373CF90D2A19E1FF73FC35A29CED_terseLabel_en-US" xlink:label="lab_frt_FederalRealtyInvestmentTrustINGClarionPartnersPartnershipMember_5D13373CF90D2A19E1FF73FC35A29CED" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Federal Realty Investment Trust/Clarion Partners Partnership</link:label>
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    <link:label id="lab_us-gaap_FinitelivedIntangibleAssetsAcquired1_7A3B7750E0E062A7206E73FC35A49092_terseLabel_en-US" xlink:label="lab_us-gaap_FinitelivedIntangibleAssetsAcquired1_7A3B7750E0E062A7206E73FC35A49092" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Other assets acquired for above market leases</link:label>
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    <link:label id="lab_us-gaap_BelowMarketLeaseAcquired_BEE9C0FFF1C4D787D5B573FC35A47A32_terseLabel_en-US" xlink:label="lab_us-gaap_BelowMarketLeaseAcquired_BEE9C0FFF1C4D787D5B573FC35A47A32" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Other assets acquired for below market leases</link:label>
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