Federal Realty Investment Trust (NYSE:FRT)
$ 113.65 -1.21 (-1.05%) Market Cap: 9.66 Bil Enterprise Value: 14.38 Bil PE Ratio: 33.04 PB Ratio: 3.27 GF Score: 82/100

Federal Realty Investment Trust Annual Shareholders Meeting Transcript

May 03, 2023 / 01:00PM GMT
Release Date Price: $96.14 (-0.06%)
Operator

Hello, and welcome to the Federal Realty Investment Trust Annual Meeting of Shareholders. Please note that this meeting is being recorded. (Operator Instructions) The meeting is about to begin.

David W. Faeder
Federal Realty Investment Trust - Independent Non-Executive Chairman of the Board

Good morning. I'm Dave Faeder, the Chairman of the Board, and I'd like to welcome you to our 2023 Annual Shareholders Meeting. We'll start with the business portion of the meeting and then time permitting move right into Q&A. The company will not be making any formal presentations at today's meeting, but you can find a good recap of our 2022 and the CEO's shareholder letter at the front of the annual report. I encourage you to read that letter if you haven't already done so.

Now I'd like to ask that the meeting come to order. All of the members of our Board of Trustees are participating in this meeting and are available to answer questions. Also available to answer questions are Julie Lamey with Grant Thornton, our independent auditors; and Justin Bintrim with

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