Federal Realty Investment traded at $116.74 this Friday August 21st, decreasing $0.51 or 0.44 percent since the previous trading session. Looking back, over the last four weeks, Federal Realty Investment lost 6.65 percent. Over the last 12 months, its price rose by 17.39 percent. Looking ahead, we forecast Federal Realty Investment to be priced at 115.84 by the end of this quarter and at 108.53 in one year, according to Trading Economics global macro models projections and analysts expectations.
Federal Realty Investment Trust is an equity real estate investment trust (REIT). The Company is engaged in the ownership, management, and redevelopment of retail and mixed-use properties located primarily in affluent communities in selected metropolitan markets in the Northeast and Mid-Atlantic regions of the United States, as well as in California and South Florida. The Company owns or has interest in community and neighborhood shopping centers and mixed-use properties which are operated as 105 retail real estate projects. The Company's portfolio includes retail in many formats ranging from regional, community and neighborhood shopping centers that often are anchored by grocery stores to mixed-use properties that are typically centered around a retail component but also include office, residential and/or hotel components. The Company's tenants range from sole proprietorships to national retailers and corporations.