Company: FRT-PC
Filing Date: 2025-02-14
Form Type: 424B5
Source: 0001193125-25-026560
Chunk: 22

Company: FEDERAL REALTY INVESTMENT TRUST
Filing Date: 2025-02-14
Form: 424B5
Chunk 22
---
, and may in the future engage in, investment banking, commercial banking and other
commercial dealings in the ordinary course of business with us or our affiliates. They have received, or may in the future receive, customary fees and commissions for these transactions.

S-10

In addition, in the ordinary course of their business activities, the Agents and their
affiliates may make or hold a broad array of investments and actively trade debt and equity securities (or related derivative securities) and financial instruments (including bank loans) for their own account and for the accounts of their customers.
Such investments and securities activities may involve securities and/or instruments of ours or our affiliates. The Agents and their affiliates may also make investment recommendations and/or publish or express independent research views in respect
of such securities or financial instruments and may hold, or recommend to clients that they acquire, long and/or short positions in such securities and instruments.

If we enter into a forward sale agreement with any forward purchaser, we expect that such forward purchaser (or its affiliate) will attempt to
borrow from third parties and sell, through the relevant Agent, acting as sales agent for such forward purchaser, common shares to hedge such forward purchaser’s exposure under such forward sale agreement. All of the net proceeds from the sale
of any such borrowed common shares will be paid to the applicable forward purchaser (or one or more of its affiliates). Each forward purchaser will be either an Agent or an affiliate of an Agent. As a result, an Agent or its affiliate will receive
the net proceeds from any sale of borrowed common shares made in connection with any forward sale agreement.

Listing on the New York Stock Exchange

Our common shares are listed on the NYSE under the symbol “FRT.”

Indemnity

Pursuant to the equity
distribution agreement, we have agreed to indemnify the Agents and the forward purchasers against certain liabilities, including liabilities under the Securities Act, or to contribute to payments the Agents may be required to make because of any of
those liabilities.

EXPERTS

The audited consolidated financial statements, schedules and management’s assessment of the effectiveness of internal control over
financial reporting incorporated by reference in the accompanying prospectus and elsewhere in the registration statement have been so incorporated by reference in reliance upon the reports of Grant Thornton LLP, independent registered public
accountants, upon the authority of said firm as experts in accounting and auditing.

LEGAL MATTERS

The legality of the common shares offered by this prospectus supplement will be passed upon for us by Pillsbury Winthrop Shaw Pitt