Federal Realty Investment Trust Q4 Earnings Call Highlights

On property operations, Wood said the portfolio ended the year 96.1% leased and 94.1% occupied, adding that the figures were about 50 basis points higher excluding newly acquired centers. Guglielmone said comparable property operating income (POI) growth, excluding prior period rent and term fees, averaged 3.8% for the year and 3.1% for the fourth quarter; on a cash basis, he said the comparable POI metric was 3.6% for the year and 4.3% for the quarter.Chief Executive Officer Don Wood said the company deliv ...