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Federal Realty Investment Trust Announces Operating Results for the Year and Quarter Ended December 31, 2020 - Vimarsana News

Federal Realty Investment Trust Announces Operating Results for the Year and Quarter Ended December 31, 2020

Federal Realty Investment Trust Announces Operating Results for the Year and Quarter Ended December 31, 2020 News provided by Share this article Share this article NORTH BETHESDA, Md., Feb. 11, 2021 /PRNewswire/ -- Federal Realty Investment Trust (NYSE:FRT) today reported operating results for its year and quarter ended December 31, 2020. For the year ended December 31, 2020 and 2019, net income available for common shareholders was $1.62 per diluted share and $4.61 per diluted share, respectively. For the three months ended December 31, 2020 and 2019, net income available for common shareho...

South Florida Retail Vacancies Up, Rents Mostly Down In Q4 - Vimarsana News

South Florida Retail Vacancies Up, Rents Mostly Down In Q4

21046 Commercial Trail, Boca Raton (Google Maps, iStock) Even with a newly inked 62,000-square-foot bowling alley lease, South Florida’s retail market saw mostly gutter balls in the fourth quarter. Across the tri-county area, vacancy rates rose and square footage returned to the market, according to a newly released report from Colliers International. And yet in some parts of the region, average asking rents rose, and landlords landed some large leases and buyers. With relatively limited construction in the works, retailers may take advantage of market weakness and growing population center...

Federal Realty Announces December Sales of Non-Strategic Assets and Senior Note Redemptions as the Company Looks Beyond COVID-19 - Vimarsana News

Federal Realty Announces December Sales of Non-Strategic Assets and Senior Note Redemptions as the Company Looks Beyond COVID-19

Press release content from PR Newswire. The AP news staff was not involved in its creation. Federal Realty Announces December Sales of Non-Strategic Assets and Senior Note Redemptions as the Company Looks Beyond COVID-19 January 7, 2021 GMT 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. (PRNewsfoto/Federal Realty Investment Trust) Federal Realty is a recognized leader in the ownership, operation and re...

Source: apnews.com
Federal Realty sells non-strategic assets and senior note redemptions - Vimarsana News

Federal Realty sells non-strategic assets and senior note redemptions

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Federal Realty Announces December Sales of Non-Strategic Assets and Senior Note Redemptions as the Company Looks Beyond COVID-19 - Vimarsana News

Federal Realty Announces December Sales of Non-Strategic Assets and Senior Note Redemptions as the Company Looks Beyond COVID-19

Share this article Share this article ROCKVILLE, Md., Jan. 7, 2021 /PRNewswire/ -- Federal Realty Investment Trust (NYSE: FRT) today announced the sale of The Shops at Sunset Place in South Miami Florida along with the sales of two of its more traditional shopping centers in Washington, D.C. and Chapel Hill, North Carolina for combined gross proceeds of $170 million. All three sales closed prior to year-end 2020 and the properties were not central to the Company's future growth plans. Separately, the Trust repaid at par its $250 million 2.55% senior unsecured notes due 2021 and redeemed $25...