ROCKVILLE, Md., April 6, 2020 /PRNewswire/ -- Federal Realty Investment Trust (NYSE:FRT) announced today the release of its inaugural Corporate Responsibility Report providing a comprehensive overview of its environmental, social and governance ("ESG") approach.
"Sustainability in its broadest sense is simply our way of doing business at Federal, a mindset that permeates from top to bottom," said Don Wood, President & Chief Executive Officer. "As a company, we are proud to release this report which highlights the sustainable principles we've been applying to our developments and capital investments for decades, the efficient way we operate our properties, and our social programs aimed at supporting our employees and the communities we serve. At Federal, environmental, social and financial sustainability go hand in hand."
The access the full report, please visit: https://www.federalrealty.com/sustainability.
About Federal Realty
Federal Realty is a recognized leader in the ownership, operation and redevelopment of high-quality retail based properties located primarily in major coastal markets from Washington, D.C. to Boston as well as San Francisco and Los Angeles. Founded in 1962, Federal Realty's mission is to deliver long term, sustainable growth through investing in densely populated, affluent communities where retail demand exceeds supply. Its expertise includes creating urban, mixed-use neighborhoods like Santana Row in San Jose, California, Pike & Rose in North Bethesda, Maryland and Assembly Row in Somerville, Massachusetts. These unique and vibrant environments that combine shopping, dining, living and working provide a destination experience valued by their respective communities. Federal Realty's 104 properties include approximately 3,000 tenants, in 24 million square feet, and over 2,700 residential units.
Federal Realty has increased its quarterly dividends to its shareholders for 52 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. For additional information about Federal Realty and its properties, visit www.FederalRealty.com.
SOURCE Federal Realty Investment Trust