Company: FRT-PC
Filing Date: 2025-02-14
Form Type: 424B5
Source: 0001193125-25-026560
Chunk: 4

Company: FEDERAL REALTY INVESTMENT TRUST
Filing Date: 2025-02-14
Form: 424B5
Chunk 4
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 other similar words. These statements constitute forward-looking statements within the meaning of Section 27A of the Securities Act, Section 21E of the Securities Exchange Act of 1934, as amended, or the Exchange Act, and the Private Securities Litigation Reform Act of 1995. In particular, the risk factors included in or incorporated by reference into this prospectus supplement and the accompanying prospectus describe forward-looking information. The risk factors contained herein, in our most recent Annual Report on Form 10-K filed with theSEC, and in subsequent filings that we make with the SEC that are incorporated by reference herein, describe risks that may affect these statements but are not exhaustive, particularly with respect to possible future events. Many things can happen that can cause actual results to be different from those we describe. These factors include, but are not limited to:

| • |     | risks that our tenants will not pay rent, may vacate early or may file for bankruptcy, or that we may be unable 
 to renew leases or re-let space at favorable rents as leases expire or to fill existing vacancies;              |

| • |     | risks that we may not be able to proceed with or obtain necessary approvals for any development, redevelopment or                                                                                                        
 renovation project, and that completion of anticipated or ongoing property development, redevelopment or renovation projects that we do pursue may cost more, take more time to complete or fail to perform as expected; |

S-ii

| • |     | risks normally associated with the real estate industry, including risks that occupancy levels at our properties                                                                                                                                         
 and the amount of rent that we receive from our properties may be lower than expected, that new acquisitions may fail to perform as expected, that competition for acquisitions could result in increased prices for acquisitions, that costs associated 
 with the periodic maintenance and repair or renovation of space, insurance and other operations may increase, that environmental issues may develop at our properties and result in unanticipated costs, and, because real estate is illiquid, that we   
 may not be able to sell properties when appropriate;                                                                                                                                                                                                     |

| • |     | risks that our growth will be limited if we cannot obtain additional capital, or if the costs of capital we 
 obtain are significantly higher than historical levels;                                                     |

| • |     | risks associated with general economic conditions, including inflation and local economic conditions in our 
 geographic markets;                                                                                         |

| • |     | risks of financing on terms which are acceptable to us, our ability to meet existing financial covenants and the                                              
 limitations