Company: FRT-PC
Filing Date: 2025-02-14
Form Type: 424B5
Source: 0001193125-25-026560
Chunk: 23

Company: FEDERAL REALTY INVESTMENT TRUST
Filing Date: 2025-02-14
Form: 424B5
Chunk 23
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man LLP,
Washington, DC. Sidley Austin LLP, New York, New York, will act as counsel to the Agents and the forward purchasers.

S-11

PROSPECTUS FEDERAL REALTY INVESTMENT TRUST Common Shares, Preferred Shares, Depositary Shares, Share Purchase Contracts, Warrants, Guarantees and Units FEDERAL REALTY OP LP Debt Securities Federal Realty Investment Trust, which we refer to as the Company, or any selling security holder, may from time to time offer, in one or more classes or series, separately or together:

| • |     | common shares of beneficial interest, par value $.01 per share, which we refer to as common shares, |

| • |     | preferred shares of beneficial interest, par value $.01 per share, which we refer to as preferred shares, |

| • |     | depositary shares representing interests in preferred shares, |

| • |     | share purchase contracts to purchase or sell common shares or preferred shares, |

| • |     | warrants to purchase common shares or preferred shares, |

| • |     | guarantees of debt securities issued by Federal Realty OP LP, and |

| • |     | units consisting of two or more securities described in this prospectus. |

Federal Realty OP LP, which we refer to as the Partnership, may from time to time offer debt securities in one or more classes or series. We, or any selling security holder, if applicable, will offer our securities in amounts, at prices and on terms to be determined at the time such securities are offered. We will prepare a prospectus supplement describing the offering and the terms of the class or series of securities being offered. Such terms may include limitations on direct or beneficial ownership and restrictions on transfer that we believe are appropriate to preserve the Company’s status as a real estate investment trust for federal income tax purposes. The applicable prospectus supplement may also contain information, where applicable, about certain United States federal income tax considerations relating to the securities covered by such prospectus supplement. We or any selling security holder may offer our securities directly, through agents or to or through underwriters or dealers, on a continuous or delayed basis. If any agents or underwriters are involved in the sale of any of our securities, their names and any applicable purchase price, fee, commission or discount arrangement between or among them will be set forth or will be calculable from the information set forth in the applicable prospectus supplement. The Company’s common shares and depositary shares representing interests in the Company