Federal Realty raises annual core profit forecast on strong leasing demand

Federal Realty Investment Trust has upped its annual core profit outlook following impressive second-quarter results that exceeded expectations. The surge in leasing demand and significant rent increases drove these favorable financial results. Additionally, the trust's core funds from operations saw a notable rise, and an increase in portfolio occupancy underscored the continued interest from tenants.

Raccontata damorningstar.comeconomictimes.indiatimes.com