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    <link:label id="lab_us-gaap_OtherComprehensiveIncomeLossNetOfTax_3E91E6C8CD872F12CDB1441CEA745C67_terseLabel_en-US" xlink:label="lab_us-gaap_OtherComprehensiveIncomeLossNetOfTax_3E91E6C8CD872F12CDB1441CEA745C67" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Other comprehensive loss - change in value of interest rate swaps</link:label>
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    <link:label id="lab_us-gaap_DividendsCommonStockCash_54CB88A38041F3FA3CF0441CEA751A4A_negatedLabel_en-US" xlink:label="lab_us-gaap_DividendsCommonStockCash_54CB88A38041F3FA3CF0441CEA751A4A" xlink:role="http://www.xbrl.org/2009/role/negatedLabel" xlink:type="resource" xml:lang="en-US">Dividends declared to common shareholders</link:label>
    <link:label id="lab_us-gaap_DividendsCommonStockCash_54CB88A38041F3FA3CF0441CEA751A4A_label_en-US" xlink:label="lab_us-gaap_DividendsCommonStockCash_54CB88A38041F3FA3CF0441CEA751A4A" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Dividends, Common Stock, Cash</link:label>
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    <link:label id="lab_us-gaap_DividendsPreferredStockCash_353675FA7CECCCD79C33441CEA753FBC_negatedLabel_en-US" xlink:label="lab_us-gaap_DividendsPreferredStockCash_353675FA7CECCCD79C33441CEA753FBC" xlink:role="http://www.xbrl.org/2009/role/negatedLabel" xlink:type="resource" xml:lang="en-US">Dividends declared to preferred shareholders</link:label>
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    <link:label id="lab_us-gaap_MinorityInterestDecreaseFromDistributionsToNoncontrollingInterestHolders_AAE7A5C01961D8C7B592441CEA76A99F_negatedLabel_en-US" xlink:label="lab_us-gaap_MinorityInterestDecreaseFromDistributionsToNoncontrollingInterestHolders_AAE7A5C01961D8C7B592441CEA76A99F" xlink:role="http://www.xbrl.org/2009/role/negatedLabel" xlink:type="resource" xml:lang="en-US">Distributions declared to noncontrolling interests</link:label>
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    <link:label id="lab_us-gaap_StockIssuedDuringPeriodSharesNewIssues_8F5B0933A9E0778FE5D0441CEA767F6E_verboseLabel_en-US" xlink:label="lab_us-gaap_StockIssuedDuringPeriodSharesNewIssues_8F5B0933A9E0778FE5D0441CEA767F6E" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:type="resource" xml:lang="en-US">Common shares issued (in shares)</link:label>
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    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_StockIssuedDuringPeriodSharesNewIssues" xlink:label="loc_us-gaap_StockIssuedDuringPeriodSharesNewIssues_8F5B0933A9E0778FE5D0441CEA767F6E" xlink:type="locator" />
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    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_StockIssuedDuringPeriodValueNewIssues" xlink:label="loc_us-gaap_StockIssuedDuringPeriodValueNewIssues_7888ECC137E7455AE5D3441CEA76A19E" xlink:type="locator" />
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    <link:label id="lab_us-gaap_StockIssuedDuringPeriodSharesDividendReinvestmentPlan_A0924F819465E97AD919441CEA7767EB_terseLabel_en-US" xlink:label="lab_us-gaap_StockIssuedDuringPeriodSharesDividendReinvestmentPlan_A0924F819465E97AD919441CEA7767EB" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Shares issued under dividend reinvestment plan (in shares)</link:label>
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    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_StockIssuedDuringPeriodSharesDividendReinvestmentPlan" xlink:label="loc_us-gaap_StockIssuedDuringPeriodSharesDividendReinvestmentPlan_A0924F819465E97AD919441CEA7767EB" xlink:type="locator" />
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    <link:label id="lab_frt_ShareBasedCompensationExpenseNetShares_40EF56078815D07A48D8441CEA78F44B_terseLabel_en-US" xlink:label="lab_frt_ShareBasedCompensationExpenseNetShares_40EF56078815D07A48D8441CEA78F44B" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Share-based compensation expense, net of shares withheld for employee taxes (in shares)</link:label>
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    <link:label id="lab_frt_ConversionAndRedemptionOfOperatingPartnershipUnitsInShares_BA04CFA97F753F614F1C441CEA792EE1_terseLabel_en-US" xlink:label="lab_frt_ConversionAndRedemptionOfOperatingPartnershipUnitsInShares_BA04CFA97F753F614F1C441CEA792EE1" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Redemption of OP units (in shares)</link:label>
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    <link:label id="lab_us-gaap_IncomeLossFromContinuingOperationsAttributableToNoncontrollingEntity_97D7459B6CE5330DD87C57479B59D2F0_negatedLabel_en-US" xlink:label="lab_us-gaap_IncomeLossFromContinuingOperationsAttributableToNoncontrollingEntity_97D7459B6CE5330DD87C57479B59D2F0" xlink:role="http://www.xbrl.org/2009/role/negatedLabel" xlink:type="resource" xml:lang="en-US">Less: Income from continuing operations attributable to noncontrolling interests</link:label>
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    <link:label id="lab_frt_EarningsAllocatedToUnvestedShares_8A22A0D270F3C6593F7F57479B59AB3F_negatedLabel_en-US" xlink:label="lab_frt_EarningsAllocatedToUnvestedShares_8A22A0D270F3C6593F7F57479B59AB3F" 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_frt_IncomeLossFromContinuingOperationsAvailableForCommonShareholders_C7CE45F6DF8F8CC7360157479B5907E1_totalLabel_en-US" xlink:label="lab_frt_IncomeLossFromContinuingOperationsAvailableForCommonShareholders_C7CE45F6DF8F8CC7360157479B5907E1" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:type="resource" xml:lang="en-US">Income from continuing operations available for common shareholders</link:label>
    <link:label id="lab_frt_IncomeLossFromContinuingOperationsAvailableForCommonShareholders_C7CE45F6DF8F8CC7360157479B5907E1_label_en-US" xlink:label="lab_frt_IncomeLossFromContinuingOperationsAvailableForCommonShareholders_C7CE45F6DF8F8CC7360157479B5907E1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Income Loss From Continuing Operations Available For Common Shareholders</link:label>
    <link:label id="lab_frt_IncomeLossFromContinuingOperationsAvailableForCommonShareholders_C7CE45F6DF8F8CC7360157479B5907E1_documentation_en-US" xlink:label="lab_frt_IncomeLossFromContinuingOperationsAvailableForCommonShareholders_C7CE45F6DF8F8CC7360157479B5907E1" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">This element represents the income or loss from continuing operations attributable to the parent after earnings allocated to unvested shares and adjustments for dividends on preferred stock.</link:label>
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    <link:label id="lab_us-gaap_IncomeLossFromDiscontinuedOperationsNetOfTaxAttributableToReportingEntity_9709F3565419381AC11757479B59C627_terseLabel_en-US" xlink:label="lab_us-gaap_IncomeLossFromDiscontinuedOperationsNetOfTaxAttributableToReportingEntity_9709F3565419381AC11757479B59C627" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Results from discontinued operations attributable to the Trust</link:label>
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    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_IncomeLossFromDiscontinuedOperationsNetOfTaxAttributableToReportingEntity" xlink:label="loc_us-gaap_IncomeLossFromDiscontinuedOperationsNetOfTaxAttributableToReportingEntity_9709F3565419381AC11757479B59C627" xlink:type="locator" />
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    <link:label id="lab_frt_GainLossonsaleofpropertiesrealestatepartnershippropertiesnetofapplicableincometaxes_E81EA13577F246B817BF57479B59D450_terseLabel_en-US" xlink:label="lab_frt_GainLossonsaleofpropertiesrealestatepartnershippropertiesnetofapplicableincometaxes_E81EA13577F246B817BF57479B59D450" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Gain on sale of real estate</link:label>
    <link:label id="lab_frt_GainLossonsaleofpropertiesrealestatepartnershippropertiesnetofapplicableincometaxes_E81EA13577F246B817BF57479B59D450_label_en-US" xlink:label="lab_frt_GainLossonsaleofpropertiesrealestatepartnershippropertiesnetofapplicableincometaxes_E81EA13577F246B817BF57479B59D450" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Gain (Loss) on sale of properties &amp; real estate partnership properties, net of applicable income taxes</link:label>
    <link:label id="lab_frt_GainLossonsaleofpropertiesrealestatepartnershippropertiesnetofapplicableincometaxes_E81EA13577F246B817BF57479B59D450_documentation_en-US" xlink:label="lab_frt_GainLossonsaleofpropertiesrealestatepartnershippropertiesnetofapplicableincometaxes_E81EA13577F246B817BF57479B59D450" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">This element represents the amount of gain (loss) on sale of properties and real estate partnership properties during the reporting period net of the applicable income taxes realized.</link:label>
    <link:loc xlink:href="frt-20140930.xsd#frt_GainLossonsaleofpropertiesrealestatepartnershippropertiesnetofapplicableincometaxes" xlink:label="loc_frt_GainLossonsaleofpropertiesrealestatepartnershippropertiesnetofapplicableincometaxes_E81EA13577F246B817BF57479B59D450" xlink:type="locator" />
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    <link:label id="lab_frt_NetIncomeAvailableForCommonShareholdersBasicAndDiluted_2BF7765408D1F0A9B3E057479B59F16A_totalLabel_en-US" xlink:label="lab_frt_NetIncomeAvailableForCommonShareholdersBasicAndDiluted_2BF7765408D1F0A9B3E057479B59F16A" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:type="resource" xml:lang="en-US">Net income available for common shareholders, basic and diluted</link:label>
    <link:label id="lab_frt_NetIncomeAvailableForCommonShareholdersBasicAndDiluted_2BF7765408D1F0A9B3E057479B59F16A_label_en-US" xlink:label="lab_frt_NetIncomeAvailableForCommonShareholdersBasicAndDiluted_2BF7765408D1F0A9B3E057479B59F16A" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Net income available for common shareholders, basic and diluted</link:label>
    <link:label id="lab_frt_NetIncomeAvailableForCommonShareholdersBasicAndDiluted_2BF7765408D1F0A9B3E057479B59F16A_documentation_en-US" xlink:label="lab_frt_NetIncomeAvailableForCommonShareholdersBasicAndDiluted_2BF7765408D1F0A9B3E057479B59F16A" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Net income after adjustments for dividends on preferred stock and earnings allocated to unvested shares.</link:label>
    <link:loc xlink:href="frt-20140930.xsd#frt_NetIncomeAvailableForCommonShareholdersBasicAndDiluted" xlink:label="loc_frt_NetIncomeAvailableForCommonShareholdersBasicAndDiluted_2BF7765408D1F0A9B3E057479B59F16A" xlink:type="locator" />
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    <link:label id="lab_us-gaap_WeightedAverageNumberOfSharesOutstandingBasic_BB4DD0EB4378E9B4E76D57479B59FD5C_terseLabel_en-US" xlink:label="lab_us-gaap_WeightedAverageNumberOfSharesOutstandingBasic_BB4DD0EB4378E9B4E76D57479B59FD5C" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Weighted average common shares outstanding&#8212;basic</link:label>
    <link:label id="lab_us-gaap_WeightedAverageNumberOfSharesOutstandingBasic_BB4DD0EB4378E9B4E76D57479B59FD5C_label_en-US" xlink:label="lab_us-gaap_WeightedAverageNumberOfSharesOutstandingBasic_BB4DD0EB4378E9B4E76D57479B59FD5C" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Weighted Average Number of Shares Outstanding, Basic</link:label>
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    <link:label id="lab_us-gaap_IncrementalCommonSharesAttributableToShareBasedPaymentArrangements_E5899770ECBDFD9C589357479B59874C_terseLabel_en-US" xlink:label="lab_us-gaap_IncrementalCommonSharesAttributableToShareBasedPaymentArrangements_E5899770ECBDFD9C589357479B59874C" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Stock options</link:label>
    <link:label id="lab_us-gaap_IncrementalCommonSharesAttributableToShareBasedPaymentArrangements_E5899770ECBDFD9C589357479B59874C_label_en-US" xlink:label="lab_us-gaap_IncrementalCommonSharesAttributableToShareBasedPaymentArrangements_E5899770ECBDFD9C589357479B59874C" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Incremental Common Shares Attributable to Dilutive Effect of Share-based Payment Arrangements</link:label>
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    <link:label id="lab_us-gaap_WeightedAverageNumberOfDilutedSharesOutstanding_88223093A8A90AB8329757479B59D5DD_terseLabel_en-US" xlink:label="lab_us-gaap_WeightedAverageNumberOfDilutedSharesOutstanding_88223093A8A90AB8329757479B59D5DD" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Weighted average common shares outstanding&#8212;diluted</link:label>
    <link:label id="lab_us-gaap_WeightedAverageNumberOfDilutedSharesOutstanding_88223093A8A90AB8329757479B59D5DD_label_en-US" xlink:label="lab_us-gaap_WeightedAverageNumberOfDilutedSharesOutstanding_88223093A8A90AB8329757479B59D5DD" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Weighted Average Number of Shares Outstanding, Diluted</link:label>
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    <link:label id="lab_us-gaap_IncomeLossFromContinuingOperationsPerBasicShare_15FB005BF0DD42B8CA2E57479B591997_verboseLabel_en-US" xlink:label="lab_us-gaap_IncomeLossFromContinuingOperationsPerBasicShare_15FB005BF0DD42B8CA2E57479B591997" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:type="resource" xml:lang="en-US">Continuing operations</link:label>
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    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_IncomeLossFromDiscontinuedOperationsNetOfTaxPerBasicShare" xlink:label="loc_us-gaap_IncomeLossFromDiscontinuedOperationsNetOfTaxPerBasicShare_EE3D8025A3AD362A104857479B59B91E" xlink:type="locator" />
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    <link:label id="lab_frt_GainOnSaleOfRealEstatePerBasicShare_C223D4ED6A5F149A0DC457479B59DED6_terseLabel_en-US" xlink:label="lab_frt_GainOnSaleOfRealEstatePerBasicShare_C223D4ED6A5F149A0DC457479B59DED6" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Gain on sale of real estate</link:label>
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    <link:label id="lab_frt_MortgagePayableFromConsolidatedVariableInterestEntities_28C2C2B31532052755E92F9E8B61FC70_documentation_en-US" xlink:label="lab_frt_MortgagePayableFromConsolidatedVariableInterestEntities_28C2C2B31532052755E92F9E8B61FC70" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Mortgages payable balances from variable interest entities, or VIEs, for the periods presented.</link:label>
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    <link:label id="lab_us-gaap_PreferredStockSharesAuthorized_0846A28C55DB65E7CF812F9E8B61EAAD_terseLabel_en-US" xlink:label="lab_us-gaap_PreferredStockSharesAuthorized_0846A28C55DB65E7CF812F9E8B61EAAD" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Preferred shares, authorized</link:label>
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    <link:label id="lab_us-gaap_ProfitLoss_BAB4B14EC6F05FA29DED618C8F2984D4_label_en-US" xlink:label="lab_us-gaap_ProfitLoss_BAB4B14EC6F05FA29DED618C8F2984D4" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Net Income (Loss), Including Portion Attributable to Noncontrolling Interest</link:label>
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    <link:label id="lab_frt_AdjustmentDepreciationAndAmortization_A7179BC8C17BA88BE0F5618C8F29EE7D_terseLabel_en-US" xlink:label="lab_frt_AdjustmentDepreciationAndAmortization_A7179BC8C17BA88BE0F5618C8F29EE7D" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Depreciation and amortization, including discontinued operations</link:label>
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    <link:label id="lab_us-gaap_NetCashProvidedByUsedInOperatingActivities_2B9D9EECD2BF2EFA041F618C8F2B3FEA_totalLabel_en-US" xlink:label="lab_us-gaap_NetCashProvidedByUsedInOperatingActivities_2B9D9EECD2BF2EFA041F618C8F2B3FEA" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:type="resource" xml:lang="en-US">Net cash provided by operating activities</link:label>
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    <link:label id="lab_us-gaap_NetCashProvidedByUsedInInvestingActivitiesAbstract_65E982CD229BCBA1FF88618C8F2BB5B2_terseLabel_en-US" xlink:label="lab_us-gaap_NetCashProvidedByUsedInInvestingActivitiesAbstract_65E982CD229BCBA1FF88618C8F2BB5B2" 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_65E982CD229BCBA1FF88618C8F2BB5B2_label_en-US" xlink:label="lab_us-gaap_NetCashProvidedByUsedInInvestingActivitiesAbstract_65E982CD229BCBA1FF88618C8F2BB5B2" 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>
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    <link:label id="lab_us-gaap_PaymentsToAcquireRealEstate_C2CF0FF6A48A1A75B0BD618C8F2BE43A_negatedTerseLabel_en-US" xlink:label="lab_us-gaap_PaymentsToAcquireRealEstate_C2CF0FF6A48A1A75B0BD618C8F2BE43A" 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_C2CF0FF6A48A1A75B0BD618C8F2BE43A_label_en-US" xlink:label="lab_us-gaap_PaymentsToAcquireRealEstate_C2CF0FF6A48A1A75B0BD618C8F2BE43A" 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/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_PaymentsToAcquireRealEstate" xlink:label="loc_us-gaap_PaymentsToAcquireRealEstate_C2CF0FF6A48A1A75B0BD618C8F2BE43A" xlink:type="locator" />
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    <link:label id="lab_frt_CapitalExpendituresDevelopmentRedevelopment_EA267E07CD8550B131D5618C8F2B568E_negatedLabel_en-US" xlink:label="lab_frt_CapitalExpendituresDevelopmentRedevelopment_EA267E07CD8550B131D5618C8F2B568E" xlink:role="http://www.xbrl.org/2009/role/negatedLabel" xlink:type="resource" xml:lang="en-US">Capital expenditures - development and redevelopment</link:label>
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    <link:label id="lab_frt_CapitalExpendituresDevelopmentRedevelopment_EA267E07CD8550B131D5618C8F2B568E_documentation_en-US" xlink:label="lab_frt_CapitalExpendituresDevelopmentRedevelopment_EA267E07CD8550B131D5618C8F2B568E" 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-20140930.xsd#frt_CapitalExpendituresDevelopmentRedevelopment" xlink:label="loc_frt_CapitalExpendituresDevelopmentRedevelopment_EA267E07CD8550B131D5618C8F2B568E" xlink:type="locator" />
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    <link:label id="lab_us-gaap_PaymentsForCapitalImprovements_66D67F30F0DADA9B9CD9618C8F2BC804_negatedLabel_en-US" xlink:label="lab_us-gaap_PaymentsForCapitalImprovements_66D67F30F0DADA9B9CD9618C8F2BC804" xlink:role="http://www.xbrl.org/2009/role/negatedLabel" xlink:type="resource" xml:lang="en-US">Capital expenditures - other</link:label>
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    <link:label id="lab_frt_ProceedsFromRepaymentsOfCreditFacility_D2544918F561022D536A618C8F2CCD65_terseLabel_en-US" xlink:label="lab_frt_ProceedsFromRepaymentsOfCreditFacility_D2544918F561022D536A618C8F2CCD65" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Net borrowings under revolving credit facility, net of costs</link:label>
    <link:label id="lab_frt_ProceedsFromRepaymentsOfCreditFacility_D2544918F561022D536A618C8F2CCD65_label_en-US" xlink:label="lab_frt_ProceedsFromRepaymentsOfCreditFacility_D2544918F561022D536A618C8F2CCD65" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Proceeds From Repayments Of Credit Facility</link:label>
    <link:label id="lab_frt_ProceedsFromRepaymentsOfCreditFacility_D2544918F561022D536A618C8F2CCD65_documentation_en-US" xlink:label="lab_frt_ProceedsFromRepaymentsOfCreditFacility_D2544918F561022D536A618C8F2CCD65" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">The net cash inflow (outflow) from a contractual arrangement with the lender, including letter of credit, standby letter of credit and revolving credit arrangements, under which borrowings can be made up to a specific amount at any point in time with either short term or long term maturity net of costs incurred.</link:label>
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    <link:label id="lab_us-gaap_ProceedsFromIssuanceOfSeniorLongTermDebt_132CF4CE91B875EC8A52618C8F2C9912_terseLabel_en-US" xlink:label="lab_us-gaap_ProceedsFromIssuanceOfSeniorLongTermDebt_132CF4CE91B875EC8A52618C8F2C9912" 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_27D7FA14C4700B45273B618C8F2DA99E_negatedLabel_en-US" xlink:label="lab_us-gaap_RepaymentsOfLongTermDebtAndCapitalSecurities_27D7FA14C4700B45273B618C8F2DA99E" xlink:role="http://www.xbrl.org/2009/role/negatedLabel" xlink:type="resource" xml:lang="en-US">Repayment of mortgages, capital leases and notes payable</link:label>
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    <link:label id="lab_frt_DividendsPaidToCommonAndPreferredShareholders_7F86BE970A73C87DDBA2618C8F2DC27A_documentation_en-US" xlink:label="lab_frt_DividendsPaidToCommonAndPreferredShareholders_7F86BE970A73C87DDBA2618C8F2DC27A" 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_us-gaap_NetCashProvidedByUsedInFinancingActivities_A7DAB654E506B44AA6EE618C8F2DC2D6_totalLabel_en-US" xlink:label="lab_us-gaap_NetCashProvidedByUsedInFinancingActivities_A7DAB654E506B44AA6EE618C8F2DC2D6" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:type="resource" xml:lang="en-US">Net cash (used in) provided by financing activities</link:label>
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    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_DebtInstrumentTable" xlink:label="loc_us-gaap_DebtInstrumentTable_7C939C41C262432E608D5DA9F7DB570D" xlink:type="locator" />
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    <link:label id="lab_frt_GroveatShrewsburyBrook35Member_BAE0390539812410643E5DA9F7DB74DB_terseLabel_en-US" xlink:label="lab_frt_GroveatShrewsburyBrook35Member_BAE0390539812410643E5DA9F7DB74DB" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">The Grove at Shrewsbury &amp; Brook 35</link:label>
    <link:label id="lab_frt_GroveatShrewsburyBrook35Member_BAE0390539812410643E5DA9F7DB74DB_label_en-US" xlink:label="lab_frt_GroveatShrewsburyBrook35Member_BAE0390539812410643E5DA9F7DB74DB" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">GroveatShrewsbury &amp; Brook 35 [Member]</link:label>
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    <link:loc xlink:href="frt-20140930.xsd#frt_GroveatShrewsburyBrook35Member" xlink:label="loc_frt_GroveatShrewsburyBrook35Member_BAE0390539812410643E5DA9F7DB74DB" xlink:type="locator" />
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    <link:label id="lab_frt_MelvilleMallMember_DEC8DBA11F733FD958125DA9F7DB48FB_terseLabel_en-US" xlink:label="lab_frt_MelvilleMallMember_DEC8DBA11F733FD958125DA9F7DB48FB" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Melville Mall</link:label>
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    <link:label id="lab_frt_Brook35Member_0260C0A73A7AFC295C845DA9F7DBCC44_terseLabel_en-US" xlink:label="lab_frt_Brook35Member_0260C0A73A7AFC295C845DA9F7DBCC44" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Brook 35</link:label>
    <link:label id="lab_frt_Brook35Member_0260C0A73A7AFC295C845DA9F7DBCC44_label_en-US" xlink:label="lab_frt_Brook35Member_0260C0A73A7AFC295C845DA9F7DBCC44" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Brook 35 [Member]</link:label>
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    <link:loc xlink:href="frt-20140930.xsd#frt_Brook35Member" xlink:label="loc_frt_Brook35Member_0260C0A73A7AFC295C845DA9F7DBCC44" xlink:type="locator" />
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    <link:label id="lab_frt_TheGroveatShrewsburyEastMember_9D3878818E06E07688045DA9F7DB6EB7_terseLabel_en-US" xlink:label="lab_frt_TheGroveatShrewsburyEastMember_9D3878818E06E07688045DA9F7DB6EB7" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">The Grove at Shrewsbury (East)</link:label>
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    <link:label id="lab_frt_TheGroveatShrewsburyEastMember_9D3878818E06E07688045DA9F7DB6EB7_documentation_en-US" xlink:label="lab_frt_TheGroveatShrewsburyEastMember_9D3878818E06E07688045DA9F7DB6EB7" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">The Grove at Shrewsbury (East) [Member]</link:label>
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    <link:label id="lab_us-gaap_DebtInstrumentFairValue_691B94B002342B1451105DA9F7DC26C8_label_en-US" xlink:label="lab_us-gaap_DebtInstrumentFairValue_691B94B002342B1451105DA9F7DC26C8" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Debt Instrument, Fair Value Disclosure</link:label>
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    <link:label id="lab_us-gaap_DebtInstrumentInterestRateStatedPercentage_D4AF2EAB900DF3068F6B5DA9F7DCCCC1_label_en-US" xlink:label="lab_us-gaap_DebtInstrumentInterestRateStatedPercentage_D4AF2EAB900DF3068F6B5DA9F7DCCCC1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Debt Instrument, Interest Rate, Stated Percentage</link:label>
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    <link:label id="lab_us-gaap_DebtInstrumentFaceAmount_AC73D0FDE09CFCAD06C85DA9F7DC1188_label_en-US" xlink:label="lab_us-gaap_DebtInstrumentFaceAmount_AC73D0FDE09CFCAD06C85DA9F7DC1188" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Debt Instrument, Face Amount</link:label>
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    <link:label id="lab_frt_ChangeinBasisPointsspread_1276ED76641FFB7BCAEE5DA9F7DCB9BC_terseLabel_en-US" xlink:label="lab_frt_ChangeinBasisPointsspread_1276ED76641FFB7BCAEE5DA9F7DCB9BC" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Change in Basis Points spread</link:label>
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    <link:label id="lab_frt_ChangeinBasisPointsspread_1276ED76641FFB7BCAEE5DA9F7DCB9BC_documentation_en-US" xlink:label="lab_frt_ChangeinBasisPointsspread_1276ED76641FFB7BCAEE5DA9F7DCB9BC" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">The change in the number of basis points added to LIBOR to compute the total interest rate</link:label>
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    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_LineOfCreditFacilityMaximumBorrowingCapacity" xlink:label="loc_us-gaap_LineOfCreditFacilityMaximumBorrowingCapacity_E27647FABE277274DD335DA9F7DC6810" xlink:type="locator" />
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    <link:label id="lab_us-gaap_LineOfCreditFacilityMaximumAmountOutstandingDuringPeriod_6A60750621BD44B71BDE5DA9F7DCF33B_terseLabel_en-US" xlink:label="lab_us-gaap_LineOfCreditFacilityMaximumAmountOutstandingDuringPeriod_6A60750621BD44B71BDE5DA9F7DCF33B" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Maximum amount outstanding under revolving credit facility</link:label>
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    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_LineOfCreditFacilityMaximumAmountOutstandingDuringPeriod" xlink:label="loc_us-gaap_LineOfCreditFacilityMaximumAmountOutstandingDuringPeriod_6A60750621BD44B71BDE5DA9F7DCF33B" xlink:type="locator" />
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    <link:label id="lab_us-gaap_LineOfCreditFacilityAverageOutstandingAmount_F3741A2FE7E19D9154D95DA9F7DCB6F0_terseLabel_en-US" xlink:label="lab_us-gaap_LineOfCreditFacilityAverageOutstandingAmount_F3741A2FE7E19D9154D95DA9F7DCB6F0" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Weighted average borrowings outstanding</link:label>
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    <link:label id="lab_us-gaap_AssetsAbstract_A90FF63FA58F5F2DE25B5DA9F8368CFF_label_en-US" xlink:label="lab_us-gaap_AssetsAbstract_A90FF63FA58F5F2DE25B5DA9F8368CFF" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Assets [Abstract]</link:label>
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    <link:label id="lab_us-gaap_RentalProperties_72748C2BA3B589AA381B5DA9F836E4C2_terseLabel_en-US" xlink:label="lab_us-gaap_RentalProperties_72748C2BA3B589AA381B5DA9F836E4C2" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Operating (including $281,960 and $265,138 of consolidated variable interest entities, respectively)</link:label>
    <link:label id="lab_us-gaap_RentalProperties_72748C2BA3B589AA381B5DA9F836E4C2_label_en-US" xlink:label="lab_us-gaap_RentalProperties_72748C2BA3B589AA381B5DA9F836E4C2" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Rental Properties</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_RentalProperties" xlink:label="loc_us-gaap_RentalProperties_72748C2BA3B589AA381B5DA9F836E4C2" xlink:type="locator" />
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    <link:label id="lab_us-gaap_ConstructionInProgressGross_1E1E15DD7774BF2477FD5DA9F8367FA5_terseLabel_en-US" xlink:label="lab_us-gaap_ConstructionInProgressGross_1E1E15DD7774BF2477FD5DA9F8367FA5" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Construction-in-progress</link:label>
    <link:label id="lab_us-gaap_ConstructionInProgressGross_1E1E15DD7774BF2477FD5DA9F8367FA5_label_en-US" xlink:label="lab_us-gaap_ConstructionInProgressGross_1E1E15DD7774BF2477FD5DA9F8367FA5" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Construction in Progress, Gross</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_ConstructionInProgressGross" xlink:label="loc_us-gaap_ConstructionInProgressGross_1E1E15DD7774BF2477FD5DA9F8367FA5" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_ConstructionInProgressGross_1E1E15DD7774BF2477FD5DA9F8367FA5" xlink:to="lab_us-gaap_ConstructionInProgressGross_1E1E15DD7774BF2477FD5DA9F8367FA5" xlink:type="arc" />
    <link:label id="lab_us-gaap_RealEstateInvestmentPropertyAtCost_D6A2F6FCF9F86A4BA1455DA9F8360143_totalLabel_en-US" xlink:label="lab_us-gaap_RealEstateInvestmentPropertyAtCost_D6A2F6FCF9F86A4BA1455DA9F8360143" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:type="resource" xml:lang="en-US">Real Estate Investment Property, at Cost, total</link:label>
    <link:label id="lab_us-gaap_RealEstateInvestmentPropertyAtCost_D6A2F6FCF9F86A4BA1455DA9F8360143_label_en-US" xlink:label="lab_us-gaap_RealEstateInvestmentPropertyAtCost_D6A2F6FCF9F86A4BA1455DA9F8360143" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Real Estate Investment Property, at Cost</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_RealEstateInvestmentPropertyAtCost_D6A2F6FCF9F86A4BA1455DA9F8360143" xlink:to="lab_us-gaap_RealEstateInvestmentPropertyAtCost_D6A2F6FCF9F86A4BA1455DA9F8360143" xlink:type="arc" />
    <link:label id="lab_us-gaap_RealEstateInvestmentPropertyAccumulatedDepreciation_9F418E50EBAAEDBC223A5DA9F836384F_terseLabel_en-US" xlink:label="lab_us-gaap_RealEstateInvestmentPropertyAccumulatedDepreciation_9F418E50EBAAEDBC223A5DA9F836384F" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Less accumulated depreciation and amortization (including $24,714 and $19,086 of consolidated variable interest entities, respectively)</link:label>
    <link:label id="lab_us-gaap_RealEstateInvestmentPropertyAccumulatedDepreciation_9F418E50EBAAEDBC223A5DA9F836384F_label_en-US" xlink:label="lab_us-gaap_RealEstateInvestmentPropertyAccumulatedDepreciation_9F418E50EBAAEDBC223A5DA9F836384F" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Real Estate Investment Property, Accumulated Depreciation</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_RealEstateInvestmentPropertyAccumulatedDepreciation" xlink:label="loc_us-gaap_RealEstateInvestmentPropertyAccumulatedDepreciation_9F418E50EBAAEDBC223A5DA9F836384F" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_RealEstateInvestmentPropertyAccumulatedDepreciation_9F418E50EBAAEDBC223A5DA9F836384F" xlink:to="lab_us-gaap_RealEstateInvestmentPropertyAccumulatedDepreciation_9F418E50EBAAEDBC223A5DA9F836384F" xlink:type="arc" />
    <link:label id="lab_us-gaap_RealEstateInvestmentPropertyNet_BB00513EAAFEA6B13FB55DA9F836C674_totalLabel_en-US" xlink:label="lab_us-gaap_RealEstateInvestmentPropertyNet_BB00513EAAFEA6B13FB55DA9F836C674" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:type="resource" xml:lang="en-US">Net real estate</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_RealEstateInvestmentPropertyNet" xlink:label="loc_us-gaap_RealEstateInvestmentPropertyNet_BB00513EAAFEA6B13FB55DA9F836C674" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_RealEstateInvestmentPropertyNet_BB00513EAAFEA6B13FB55DA9F836C674" xlink:to="lab_us-gaap_RealEstateInvestmentPropertyNet_BB00513EAAFEA6B13FB55DA9F836C674" xlink:type="arc" />
    <link:label id="lab_us-gaap_CashAndCashEquivalentsAtCarryingValue_982B89A046BBA33F0DEA5DA9F836DCB4_terseLabel_en-US" xlink:label="lab_us-gaap_CashAndCashEquivalentsAtCarryingValue_982B89A046BBA33F0DEA5DA9F836DCB4" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Cash and cash equivalents</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_CashAndCashEquivalentsAtCarryingValue" xlink:label="loc_us-gaap_CashAndCashEquivalentsAtCarryingValue_982B89A046BBA33F0DEA5DA9F836DCB4" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_CashAndCashEquivalentsAtCarryingValue_982B89A046BBA33F0DEA5DA9F836DCB4" xlink:to="lab_us-gaap_CashAndCashEquivalentsAtCarryingValue_982B89A046BBA33F0DEA5DA9F836DCB4" xlink:type="arc" />
    <link:label id="lab_us-gaap_AccountsAndNotesReceivableNet_FF9227F87D473687D6E45DA9F836B522_terseLabel_en-US" xlink:label="lab_us-gaap_AccountsAndNotesReceivableNet_FF9227F87D473687D6E45DA9F836B522" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Accounts and notes receivable, net</link:label>
    <link:label id="lab_us-gaap_AccountsAndNotesReceivableNet_FF9227F87D473687D6E45DA9F836B522_label_en-US" xlink:label="lab_us-gaap_AccountsAndNotesReceivableNet_FF9227F87D473687D6E45DA9F836B522" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Accounts and Notes Receivable, Net</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_AccountsAndNotesReceivableNet" xlink:label="loc_us-gaap_AccountsAndNotesReceivableNet_FF9227F87D473687D6E45DA9F836B522" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_AccountsAndNotesReceivableNet_FF9227F87D473687D6E45DA9F836B522" xlink:to="lab_us-gaap_AccountsAndNotesReceivableNet_FF9227F87D473687D6E45DA9F836B522" xlink:type="arc" />
    <link:label id="lab_us-gaap_MortgageLoansOnRealEstateCommercialAndConsumerNet_29D39997F1DF8EC848625DA9F83771AB_terseLabel_en-US" xlink:label="lab_us-gaap_MortgageLoansOnRealEstateCommercialAndConsumerNet_29D39997F1DF8EC848625DA9F83771AB" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Mortgage notes receivable, net</link:label>
    <link:label id="lab_us-gaap_MortgageLoansOnRealEstateCommercialAndConsumerNet_29D39997F1DF8EC848625DA9F83771AB_label_en-US" xlink:label="lab_us-gaap_MortgageLoansOnRealEstateCommercialAndConsumerNet_29D39997F1DF8EC848625DA9F83771AB" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Mortgage Loans on Real Estate, Commercial and Consumer, Net</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_MortgageLoansOnRealEstateCommercialAndConsumerNet" xlink:label="loc_us-gaap_MortgageLoansOnRealEstateCommercialAndConsumerNet_29D39997F1DF8EC848625DA9F83771AB" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_MortgageLoansOnRealEstateCommercialAndConsumerNet_29D39997F1DF8EC848625DA9F83771AB" xlink:to="lab_us-gaap_MortgageLoansOnRealEstateCommercialAndConsumerNet_29D39997F1DF8EC848625DA9F83771AB" xlink:type="arc" />
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    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_InvestmentsInAffiliatesSubsidiariesAssociatesAndJointVentures" xlink:label="loc_us-gaap_InvestmentsInAffiliatesSubsidiariesAssociatesAndJointVentures_EA00E66A988F4C721DC95DA9F8372C1C" xlink:type="locator" />
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    <link:label id="lab_us-gaap_PrepaidExpenseAndOtherAssets_8EF81F235119ABA5D90C5DA9F837682F_label_en-US" xlink:label="lab_us-gaap_PrepaidExpenseAndOtherAssets_8EF81F235119ABA5D90C5DA9F837682F" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Prepaid Expense and Other Assets</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_PrepaidExpenseAndOtherAssets" xlink:label="loc_us-gaap_PrepaidExpenseAndOtherAssets_8EF81F235119ABA5D90C5DA9F837682F" xlink:type="locator" />
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    <link:label id="lab_us-gaap_DeferredFinanceCostsNet_3ACDFCFDF9C6C5F2BBE75DA9F837E179_label_en-US" xlink:label="lab_us-gaap_DeferredFinanceCostsNet_3ACDFCFDF9C6C5F2BBE75DA9F837E179" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Deferred Finance Costs, Net</link:label>
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    <link:label id="lab_us-gaap_LiabilitiesAbstract_FDBD4E7FE648EAF792995DA9F8373DD9_terseLabel_en-US" xlink:label="lab_us-gaap_LiabilitiesAbstract_FDBD4E7FE648EAF792995DA9F8373DD9" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Liabilities</link:label>
    <link:label id="lab_us-gaap_LiabilitiesAbstract_FDBD4E7FE648EAF792995DA9F8373DD9_label_en-US" xlink:label="lab_us-gaap_LiabilitiesAbstract_FDBD4E7FE648EAF792995DA9F8373DD9" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Liabilities [Abstract]</link:label>
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    <link:label id="lab_us-gaap_SecuredDebt_9E8D710F8D59D09C90E35DA9F8373A58_verboseLabel_en-US" xlink:label="lab_us-gaap_SecuredDebt_9E8D710F8D59D09C90E35DA9F8373A58" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:type="resource" xml:lang="en-US">Mortgages payable (including $188,189 and $202,782 of consolidated variable interest entities)</link:label>
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    <link:label id="lab_us-gaap_SignificantAcquisitionsAndDisposalsLineItems_A73A86CB65CCDC3D938BFAF8F009C28C_terseLabel_en-US" xlink:label="lab_us-gaap_SignificantAcquisitionsAndDisposalsLineItems_A73A86CB65CCDC3D938BFAF8F009C28C" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Significant Acquisitions and Disposals [Line Items]</link:label>
    <link:label id="lab_us-gaap_SignificantAcquisitionsAndDisposalsLineItems_A73A86CB65CCDC3D938BFAF8F009C28C_label_en-US" xlink:label="lab_us-gaap_SignificantAcquisitionsAndDisposalsLineItems_A73A86CB65CCDC3D938BFAF8F009C28C" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Significant Acquisitions and Disposals [Line Items]</link:label>
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    <link:label id="lab_us-gaap_AreaOfRealEstateProperty_774BA43714FE9A91E943FAF8F009F0FF_terseLabel_en-US" xlink:label="lab_us-gaap_AreaOfRealEstateProperty_774BA43714FE9A91E943FAF8F009F0FF" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Square footage of real estate property</link:label>
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    <link:label id="lab_frt_BusinessAcquisitionGrossValue_21C12E33E30C0BA6BCE3FAF8F0092A52_terseLabel_en-US" xlink:label="lab_frt_BusinessAcquisitionGrossValue_21C12E33E30C0BA6BCE3FAF8F0092A52" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Gross value of business acquisition</link:label>
    <link:label id="lab_frt_BusinessAcquisitionGrossValue_21C12E33E30C0BA6BCE3FAF8F0092A52_label_en-US" xlink:label="lab_frt_BusinessAcquisitionGrossValue_21C12E33E30C0BA6BCE3FAF8F0092A52" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">BusinessAcquisitionGrossValue</link:label>
    <link:label id="lab_frt_BusinessAcquisitionGrossValue_21C12E33E30C0BA6BCE3FAF8F0092A52_documentation_en-US" xlink:label="lab_frt_BusinessAcquisitionGrossValue_21C12E33E30C0BA6BCE3FAF8F0092A52" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Gross value of business acquisition.</link:label>
    <link:loc xlink:href="frt-20140930.xsd#frt_BusinessAcquisitionGrossValue" xlink:label="loc_frt_BusinessAcquisitionGrossValue_21C12E33E30C0BA6BCE3FAF8F0092A52" xlink:type="locator" />
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    <link:label id="lab_frt_EffectiveEconomicInterestAcquisition_1CFDCB7C3AECC996290EFAF8F009184D_terseLabel_en-US" xlink:label="lab_frt_EffectiveEconomicInterestAcquisition_1CFDCB7C3AECC996290EFAF8F009184D" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Effective economic interest of acquisition</link:label>
    <link:label id="lab_frt_EffectiveEconomicInterestAcquisition_1CFDCB7C3AECC996290EFAF8F009184D_label_en-US" xlink:label="lab_frt_EffectiveEconomicInterestAcquisition_1CFDCB7C3AECC996290EFAF8F009184D" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Effective Economic Interest Acquisition</link:label>
    <link:label id="lab_frt_EffectiveEconomicInterestAcquisition_1CFDCB7C3AECC996290EFAF8F009184D_documentation_en-US" xlink:label="lab_frt_EffectiveEconomicInterestAcquisition_1CFDCB7C3AECC996290EFAF8F009184D" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Effective Economic Interest in Acquisition</link:label>
    <link:loc xlink:href="frt-20140930.xsd#frt_EffectiveEconomicInterestAcquisition" xlink:label="loc_frt_EffectiveEconomicInterestAcquisition_1CFDCB7C3AECC996290EFAF8F009184D" xlink:type="locator" />
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    <link:label id="lab_us-gaap_NoncashOrPartNoncashAcquisitionDebtAssumed1_9511DA0D96E87640AB72FAF8F0091251_terseLabel_en-US" xlink:label="lab_us-gaap_NoncashOrPartNoncashAcquisitionDebtAssumed1_9511DA0D96E87640AB72FAF8F0091251" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Mortgage debt assumed in acquisition</link:label>
    <link:label id="lab_us-gaap_NoncashOrPartNoncashAcquisitionDebtAssumed1_9511DA0D96E87640AB72FAF8F0091251_label_en-US" xlink:label="lab_us-gaap_NoncashOrPartNoncashAcquisitionDebtAssumed1_9511DA0D96E87640AB72FAF8F0091251" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Noncash or Part Noncash Acquisition, Debt Assumed</link:label>
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    <link:label id="lab_frt_NumberofdownREITOperatingPartnershipUnitsIssuedinConnectionwithBusinessAcquisition_A3AD3F154BE980C4072AFAF8F009D8C2_terseLabel_en-US" xlink:label="lab_frt_NumberofdownREITOperatingPartnershipUnitsIssuedinConnectionwithBusinessAcquisition_A3AD3F154BE980C4072AFAF8F009D8C2" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Number of downREIT operating partnership units assumed in acquisition</link:label>
    <link:label id="lab_frt_NumberofdownREITOperatingPartnershipUnitsIssuedinConnectionwithBusinessAcquisition_A3AD3F154BE980C4072AFAF8F009D8C2_label_en-US" xlink:label="lab_frt_NumberofdownREITOperatingPartnershipUnitsIssuedinConnectionwithBusinessAcquisition_A3AD3F154BE980C4072AFAF8F009D8C2" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Number of downREIT Operating Partnership Units Issued in Connection with Business Acquisition</link:label>
    <link:label id="lab_frt_NumberofdownREITOperatingPartnershipUnitsIssuedinConnectionwithBusinessAcquisition_A3AD3F154BE980C4072AFAF8F009D8C2_documentation_en-US" xlink:label="lab_frt_NumberofdownREITOperatingPartnershipUnitsIssuedinConnectionwithBusinessAcquisition_A3AD3F154BE980C4072AFAF8F009D8C2" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Number of downREIT Operating Partnership Units Issued in Connection with Business Acquisition</link:label>
    <link:loc xlink:href="frt-20140930.xsd#frt_NumberofdownREITOperatingPartnershipUnitsIssuedinConnectionwithBusinessAcquisition" xlink:label="loc_frt_NumberofdownREITOperatingPartnershipUnitsIssuedinConnectionwithBusinessAcquisition_A3AD3F154BE980C4072AFAF8F009D8C2" xlink:type="locator" />
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    <link:label id="lab_us-gaap_PaymentsToAcquireBusinessesGross_F58D71E57DA8483E3DAFFAF8F009BDAA_terseLabel_en-US" xlink:label="lab_us-gaap_PaymentsToAcquireBusinessesGross_F58D71E57DA8483E3DAFFAF8F009BDAA" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Cash paid in acquisition</link:label>
    <link:label id="lab_us-gaap_PaymentsToAcquireBusinessesGross_F58D71E57DA8483E3DAFFAF8F009BDAA_label_en-US" xlink:label="lab_us-gaap_PaymentsToAcquireBusinessesGross_F58D71E57DA8483E3DAFFAF8F009BDAA" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Payments to Acquire Businesses, Gross</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_PaymentsToAcquireBusinessesGross" xlink:label="loc_us-gaap_PaymentsToAcquireBusinessesGross_F58D71E57DA8483E3DAFFAF8F009BDAA" xlink:type="locator" />
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    <link:label id="lab_us-gaap_FinitelivedIntangibleAssetsAcquired1_49459FC6238E7F72D3F2FAF8F009B62B_terseLabel_en-US" xlink:label="lab_us-gaap_FinitelivedIntangibleAssetsAcquired1_49459FC6238E7F72D3F2FAF8F009B62B" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Net assets acquired allocated to other assets for above market leases</link:label>
    <link:label id="lab_us-gaap_FinitelivedIntangibleAssetsAcquired1_49459FC6238E7F72D3F2FAF8F009B62B_label_en-US" xlink:label="lab_us-gaap_FinitelivedIntangibleAssetsAcquired1_49459FC6238E7F72D3F2FAF8F009B62B" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Finite-lived Intangible Assets Acquired</link:label>
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    <link:label id="lab_us-gaap_BelowMarketLeaseAcquired_343CF742176BD180EA18FAF8F0095F75_terseLabel_en-US" xlink:label="lab_us-gaap_BelowMarketLeaseAcquired_343CF742176BD180EA18FAF8F0095F75" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Net assets acquired allocated to other liabilities for below market leases</link:label>
    <link:label id="lab_us-gaap_BelowMarketLeaseAcquired_343CF742176BD180EA18FAF8F0095F75_label_en-US" xlink:label="lab_us-gaap_BelowMarketLeaseAcquired_343CF742176BD180EA18FAF8F0095F75" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Below Market Lease, Acquired</link:label>
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    <link:label id="lab_us-gaap_BusinessCombinationAcquisitionRelatedCosts_BC337C2A24FFECAAA1A0FAF8F0098E49_terseLabel_en-US" xlink:label="lab_us-gaap_BusinessCombinationAcquisitionRelatedCosts_BC337C2A24FFECAAA1A0FAF8F0098E49" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Acquisition costs incurred</link:label>
    <link:label id="lab_us-gaap_BusinessCombinationAcquisitionRelatedCosts_BC337C2A24FFECAAA1A0FAF8F0098E49_label_en-US" xlink:label="lab_us-gaap_BusinessCombinationAcquisitionRelatedCosts_BC337C2A24FFECAAA1A0FAF8F0098E49" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Business Combination, Acquisition Related Costs</link:label>
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    <link:label id="lab_frt_PricetoAcquireNonControllingInterest_B65DC1CF5E9FD752D548FAF8F0096E3C_terseLabel_en-US" xlink:label="lab_frt_PricetoAcquireNonControllingInterest_B65DC1CF5E9FD752D548FAF8F0096E3C" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Price to acquire non-controlling interest</link:label>
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    <link:loc xlink:href="frt-20140930.xsd#frt_PricetoAcquireNonControllingInterest" xlink:label="loc_frt_PricetoAcquireNonControllingInterest_B65DC1CF5E9FD752D548FAF8F0096E3C" xlink:type="locator" />
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    <link:label id="lab_us-gaap_ScheduleOfEmployeeServiceShareBasedCompensationAllocationOfRecognizedPeriodCostsTextBlock_2B5C9655AFE3B6981E6FFAF8EFBE2B67_terseLabel_en-US" xlink:label="lab_us-gaap_ScheduleOfEmployeeServiceShareBasedCompensationAllocationOfRecognizedPeriodCostsTextBlock_2B5C9655AFE3B6981E6FFAF8EFBE2B67" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Summary of share-based compensation expense included in net income</link:label>
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    <link:label id="lab_frt_ComponentsOfRentalIncomeTable_2296169ACC733F469E6FFAF8EFC91BA5_terseLabel_en-US" xlink:label="lab_frt_ComponentsOfRentalIncomeTable_2296169ACC733F469E6FFAF8EFC91BA5" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Components of Rental Income [Table]</link:label>
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