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	<title>Stock Blog Hub &#187; Federal Realty Investment Trus</title>
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		<title>(FRT) Federal Realty &#8211; raised $265 million of capital to fund its development pipeline</title>
		<link>http://www.stockbloghub.com/2009/08/19/frt-federal-realty-raised-265-million-of-capital-to-fund-its-development-pipeline/12654</link>
		<comments>http://www.stockbloghub.com/2009/08/19/frt-federal-realty-raised-265-million-of-capital-to-fund-its-development-pipeline/12654#comments</comments>
		<pubDate>Wed, 19 Aug 2009 23:06:45 +0000</pubDate>
		<dc:creator>vitalstocks</dc:creator>
				<category><![CDATA[Financial]]></category>
		<category><![CDATA[REIT - Retail]]></category>
		<category><![CDATA[Federal Realty Investment Trus]]></category>
		<category><![CDATA[FRT]]></category>

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		<description><![CDATA[Federal Realty Investment Trust (FRT), a leading real estate investment trust (REIT), recently raised $265 million of capital to fund its development pipeline and pursue favorable acquisition opportunities. The new capital was raised through a combination of senior unsecured notes and common shares. About $150 million was raised by 5.95% senior unsecured notes, while $115 million was raised through issuance of common shares. Both the offers were significantly oversubscribed, which demonstrated the continued strong demand for Federal Realty securities. Year till date, the company raised $800 million of new capital. With the influx of fresh funds, the company has adequate resources to capitalize on potential acquisition opportunities from distressed sellers who are unable to refinance their properties. Federal Realty owns, manages, develops, and re-develops retail, mixed-use and street-retail properties. Its ]]></description>
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