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Federal Realty reports Q3 FFO $1.71, consensus $1.72c

Reports Q3 revenue $303.63M, consensus $300.62M. “Federal Realty (FRT) delivered another strong quarter, driven by record FFO, elevated leasing activity, and significant occupancy gains,” said CEO Donald Wood. “The demographics of our properties continue to be our greatest asset. Looking ahead, we are confident that Federal Realty is well-positioned for continued success, thanks to our exposure to affluent and resilient shoppers who frequent our best-in-class properties.”

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