Company: FRT-PC
Filing Date: 2025-02-14
Form Type: 424B5
Source: 0001193125-25-026560
Chunk: 0

Company: FEDERAL REALTY INVESTMENT TRUST
Filing Date: 2025-02-14
Form: 424B5
Chunk 0
---
Filed Pursuant to Rule 424(b)(5)
Registration No. 333-277767

PROSPECTUS SUPPLEMENT

(TO PROSPECTUS DATED MARCH 8, 2024)

$750,000,000

Federal Realty Investment Trust

Common Shares of Beneficial Interest

We have entered
into an equity distribution agreement, dated February 14, 2022, as amended on March 8, 2024 and as further amended on February 14, 2025, with Wells Fargo Securities, LLC, BNP Paribas Securities Corp., BofA Securities, Inc., Citigroup
Global Markets Inc., Deutsche Bank Securities Inc., J.P. Morgan Securities LLC, Jefferies LLC, Regions Securities LLC, Scotia Capital (USA) Inc., SMBC Nikko Securities America, Inc., TD Securities (USA) LLC and Truist Securities, Inc., or the
Agents, and the forward purchasers (as defined below) relating to Federal Realty Investment Trust’s common shares of beneficial interest, $.01 par value per share, which we refer to as common shares, offered by this prospectus supplement and
the accompanying prospectus pursuant to an “at the market” offering program. In accordance with the terms of the equity distribution agreement, our common shares may from time to time be offered and sold to or through the Agents as our
sales agents or, if applicable, as forward sellers (as defined below). Effective as of the March 8, 2024 amendment, common shares with an aggregate offering price of up to $500,000,000 were available for sale pursuant to the equity distribution
agreement. Following the March 8, 2024 amendment, 3,183,181 common shares, with an aggregate offering price of $355,592,783, were sold under the equity distribution agreement. The February 14, 2025 amendment increased the aggregate
offering price of common shares that may be offered and sold under the equity distribution agreement to $750,000,000 as of the date of this prospectus supplement. Unless the context otherwise requires, references in this prospectus supplement to the
equity distribution agreement mean the equity distribution agreement as amended by the March 8, 2024 amendment and as further amended by the February 14, 2025 amendment.

Our common shares are listed on the New York Stock Exchange, or the NYSE, under the symbol “FRT.” On February 13, 2025, the