NYSE:FRTRetail REITs
Federal Realty Refocuses Portfolio With US$475m Property Sales
Federal Realty Investment Trust sold Misora Apartments at Santana Row and Courthouse Center as part of its capital recycling program.
The transactions generated significant proceeds that the company plans to redirect into higher return opportunities.
The moves reflect an active approach to refining the NYSE:FRT portfolio while seeking to preserve financial flexibility.
For you as an investor, the key point is that NYSE:FRT is reshaping its mix of assets rather than simply adding more...