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Get FRT alertsDon Wood is recorded as CEO at Federal Realty Investment Trust (FRT). Don Wood has spoken on 13 earnings calls across 1 company, most recently for Federal Realty Investment Trust on May 8, 2025. Federal Realty Investment Trust is classified in the REIT - Retail industry within the Real Estate sector. Other leadership on record at Federal Realty Investment Trust includes Donald C. Wood (CEO and Board Member), Daniel Guglielmone (CFO), Dawn M (COO) and 7 others.
“At $1.70 per share, the first quarter was another strong one for the trust. It was ahead of our consensus, our internal expectations and the prior year.”
“Lots of records were shattered in both the fourth quarter and 2024 that bode well for 2025 and beyond. That starts with leasing. A hundred comparable deals in the quarter for 649,000 square feet at 10% more cash rent, 21% more straight-line rent than the previous lease.”
“It's a really solid quarter for us, with a continuation of incredibly productive leasing, some strong occupancy gains, and an all-time record quarterly FFO per share at $1.71.”
“And special thanks to David Simon for finishing his call more or less on time this afternoon. All-time record-setting quarter for Federal Realty this time with $1.67 second quarter FFO per share result ahead of consensus, ahead of internal expectations, and ahead of last year's second quarter.”
“Consumer spending remains very strong in the major submarkets where Federal Realty operates, particularly in our mixed-use properties, and has resulted in another quarter of outperformance in terms both executing long-term leases as well as bottom-line earnings.”
REIT - Retail · Real Estate
CEO
