Is Federal Realty Investment Trust a REIT?

Federal Realty Investment Trust (NYSE: FRT) is one of the largest retail real estate investment trusts (REITs) in the U.S. today.

Is a REIT an investment trust?

A Real Estate Investment Trust (REIT) is a property investment company. Unlike lots of other property investments, it can be easily traded on the stock market – exactly the same as any other share. This can make it an attractive way for ordinary investors to invest in property.

Is FRT an ETF?

owns or has a majority interest in community and neighborhood shopping centers and mixed-use properties which are operated as predominantly retail real estate projects.

ETF FRT
Low 122.97
Prev. Close 131.70
Shares Out. 77.79M
Market Cap. 9.72B

Is Federal Realty a REIT?

Federal Realty Investment Trust (FRT) is a dividend king, over 50 years of dividend growth, in the form of a REIT investing in properties across the US.

Is FRT a REIT?

Federal Realty has increased its quarterly dividends to its shareholders for 53 consecutive years, the longest record in the REIT industry. Federal Realty is an S&P 500 index member and its shares are traded on the NYSE under the symbol FRT.

Are REITs listed?

REITs can be publicly traded on major exchanges, publicly registered but non-listed, or private. The two main types of REITs are equity REITs and mortgage REITs (mREITs).

IT IS IMPORTANT:  What happens if I fail the Florida real estate exam?

What is a REIT Trustee?

Roles in a REIT

The trustee is responsible for holding the assets of the REIT on behalf of unit holders. Other duties may include ensuring compliance with all applicable laws and protecting certain rights of unit holders. The trustee is paid a fee for providing this service.

How is face recognition done?

Facial recognition uses computer-generated filters to transform face images into numerical expressions that can be compared to determine their similarity. These filters are usually generated by using deep “learning,” which uses artificial neural networks to process data.

What does Federal Realty Trust do?

Founded in 1962, we are one of the oldest US REITs. We focus on the ownership, operation and development of high-quality retail properties—from grocery-anchored shopping centers to large-scale mixed-use neighborhoods.

Who owns Federal Realty?

Federal Realty Investment Trust

Type Public company
Founder Samuel J. Gorlitz
Headquarters Rockville, Maryland
Key people Joseph S. Vassalluzzo, Chairman Donald C. Wood, CEO & President Daniel Guglielmone, CFO
Products Shopping centers

What sector is FRT?

Key Data

Label Value
Sector Consumer Services
Industry Real Estate Investment Trusts
1 Year Target $131.00
Today’s High/Low $128.32/$121.70