Federal Realty Investment Trust (NYSE:FRT)
$ 114.35 0.71 (0.62%) Market Cap: 9.72 Bil Enterprise Value: 14.34 Bil PE Ratio: 33.24 PB Ratio: 3.29 GF Score: 84/100

Federal Realty Investment Trust at Bank of America Global Real Estate Conference Transcript

Sep 13, 2023 / 05:25PM GMT
Release Date Price: $97.54 (-0.71%)
Elizabeth Yang Doykan
BofA Securities, Research Division - Research Analyst

So hi, everybody. This is a roundtable presentation with Federal Realty. I'm joined by Don Wood, CEO; and Dan Guglielmone, CFO. I'm Lizzy Doykan. I work with Jeff Spector covering the retail REITs at BofA. So I'm going to turn it off to Don and Dan to start off with any opening remarks, just give an overview of the business, state of the business today, and then we can head into Q&A and open it up. So we like to make this interactive. So feel free to jump in with questions at any time. So Don, we'll kick it off with you.

Donald C. Wood
Federal Realty Investment Trust - CEO & Director

Thanks, Lizzy, and thanks, everybody, for giving us the time this afternoon. I know there's a bunch of different levels of understanding of Federal and what they are. So I won't do it at the most basic level, but there are some things I do want you to understand. We are 1 of the oldest REITs around. We're a very high-quality shopping center company. The assets that we own are largely in the first

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