Federal Realty Investment Trust(FRT) The Motley Fool·2025-04-19 18:04Group 1: Federal Realty Investment Trust - Federal Realty Investment Trust is a REIT focused on high-quality shopping centers and mixed-use properties, emphasizing quality over quantity [2] - The company owns about 100 properties in prime suburban locations of major cities, appealing to high-income households [3] - Federal Realty invests in upgrading its portfolio and enhancing traffic to retail tenants by developing adjacent residential and commercial properties [4] - The company has a strong track record, having increased its dividend for 57 consecutive years, the longest streak in the REIT sector [5] Group 2: VICI Properties - VICI Properties is a REIT that owns experiential properties such as casinos and sports complexes, leasing them back to tenants under long-term triple net leases [6] - The leases provide stable rental income, with 42% of leases tied to inflation, increasing to 90% by 2035 [7] - VICI Properties has consistently increased its dividend every year since its formation, achieving seven straight years of dividend growth [7] Group 3: W.P. Carey - W.P. Carey is a diversified REIT owning single-tenant industrial, warehouse, and retail properties across North America and Europe, primarily secured by long-term net leases [8] - The company invests over $1 billion annually into income-generating properties with built-in rent growth features [9] - W.P. Carey has a history of steadily increasing its dividend, typically providing small raises each quarter [9] Group 4: Investment Summary - Federal Realty, VICI Properties, and W.P. Carey generate stable income from long-term leases, enabling them to pay safe dividends and invest in portfolio growth, making them attractive for passive income generation [10]