Federal Realty Investment Trust Q3 2025 Earnings Call Highlights: Record Leasing, Raised Guidance, and Positive Outlook

Federal Realty Investment Trust (FRT) reported its best leasing quarter ever, with a 28% increase in annual cash rent. The company also raised its guidance, citing strong comparable operating income growth and significant liquidity. However, there are concerns about the impact of recent acquisitions on occupancy rates and the company's ability to maintain a balance between selling non-core assets and acquiring new properties.