Federal Realty Investment Trust. (FRT) Stock News
$FRT · NYSE · 1 stories in 30 daysBORSA has published 1 story on Federal Realty Investment Trust. (FRT) in the past 30 days. BORSA’s news read on FRT is bullish at 59/100, −1 over 24 hours, based on 1 company event over the past 30 days. FRT last closed at $106.16 on Oct 9, down 0.50% over five sessions and down 6.57% over the past month. Federal Realty Investment Trust.’s next earnings report is scheduled for Friday, Oct 30 before the open.
The wire on $FRT
newest first · updated · direct subject stories onlyFederal Realty acquires The Summit, Alabama's premier retail destination, for $508M
Federal Realty Investment Trust ($FRT) acquired The Summit in Birmingham, Alabama, for $508 million ($498 million net). The 870,000-square-foot property is 92% occupied, draws nearly 9 million annual visits, and is immediately accretive to FFO. Funding combines asset sale proceeds, free cash flow, and convertible note proceeds.
bullish 75 · impact 40