Federal Realty Recognized by the Alliance for Workplace Excellence With 3 Awards
- REIT extends track record of corporate achievement, wins three awards for workplace excellence -
ROCKVILLE, Md., July 30, 2015 /PRNewswire/ -- Federal Realty Investment Trust (NYSE: FRT) was presented with three prestigious honors by the Alliance for Workplace Excellence (AWE) during AWE's annual awards luncheon held May 21, 2015 in Bethesda, Maryland. The Trust received the 2015 Workplace Excellence Seal of Approval Award, 2015 Health & Wellness Seal of Approval Award and 2015 EcoLeadership Award. 2015 marks the eighth consecutive year Federal Realty has won Workplace Excellence and Health & Wellness awards, and the fifth year it has won the EcoLeadership award.
Federal Realty was among sixty-six organizations in the Washington, D.C. area to be recognized by the Alliance for Workplace Excellence. These exclusive awards highlight businesses that promote professional fulfillment and personal wellness at work, at home, and in the community. All award applicants undergo a rigorous assessment process led by an independent review panel of professors, PhD professionals, and doctoral candidates in business, industrial and organizational psychology and human resources.
"At Federal Realty, we make it a top priority to build an unparalleled work environment for our greatest asset – our employees. We are honored to be recognized as one of the top places to work in the Washington, D.C. area for the eighth year in a row," said Laura Houser, Senior Manager of Human Resources & Benefits of Federal Realty.
Among the benefits and programs offered at Federal Realty, employees enjoy a fitness center, free breakfast one day per week, free and ample parking, proximity to retail, bank and METRO facilities, quarterly meetings with executive management, fundraising opportunities, an employee stock purchase program, and incentive programs including tuition reimbursement.
About The Alliance for Workplace Excellence
The Alliance for Workplace Excellence (AWE) is a 501(c)3 non-profit organization founded in 1999 by Montgomery County, MD and Discovery Communications. Over the past 16 years, AWE has been dedicated to empowering employers to build excellence in the workplace as a means of supporting the quality of life for employees, their families, and the community at-large. AWE is dedicated to increasing the number of excellent workplaces within the business community through education and recognition, as a means to enhance the quality of life of its citizens and empower economic growth.
For more information, please visit http://www.excellentworkplace.org/.
About Federal Realty
Federal Realty is a recognized leader in the ownership, operation and redevelopment of high-quality retail based properties located primarily in major coastal markets from Washington, D.C. to Boston as well as San Francisco and Los Angeles. Founded in 1962, our mission is to deliver long term, sustainable growth through investing in densely populated, affluent communities where retail demand exceeds supply. Our expertise includes creating urban, mixed-use neighborhoods like Santana Row in San Jose, California, Pike & Rose in North Bethesda, Maryland and Assembly Row in Somerville, Massachusetts. These unique and vibrant environments that combine shopping, dining, living and working provide a destination experience valued by their respective communities. Federal Realty's 90 properties include over 2,600 tenants, in approximately 21 million square feet, and 1500 residential units.
Federal Realty has paid quarterly dividends to its shareholders continuously since its founding in 1962, and has increased its dividend rate for 48 consecutive years, the longest record in the REIT industry. Federal Realty shares are traded on the NYSE under the symbol FRT. For additional information about Federal Realty and its properties, visit www.FederalRealty.com.
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SOURCE Federal Realty Investment Trust
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