<ARTICLE> 5
<LEGEND>
This schedule contains summary financial information extracted from the Balance
Sheet of Federal Realty Investment Trust as of June 30, 2000 and the related
consolidated statement of operations for the six months ended June 30, 2000 and
is qualified in its entirety by reference to such financial statements.
</LEGEND>
<MULTIPLIER> 1,000

                             
<PERIOD-TYPE>                   6-MOS
<FISCAL-YEAR-END>                          DEC-31-2000
<PERIOD-END>                               JUN-30-2000
<CASH>                                         $18,686
<SECURITIES>                                         0
<RECEIVABLES>                                   18,807
<ALLOWANCES>                                         0
<INVENTORY>                                          0
<CURRENT-ASSETS>                                     0<F1>
<PP&E>                                       1,761,045
<DEPRECIATION>                               (337,603)
<TOTAL-ASSETS>                               1,544,483
<CURRENT-LIABILITIES>                                0<F1>
<BONDS>                                        956,105
<PREFERRED-MANDATORY>                                0
<PREFERRED>                                    100,000
<COMMON>                                       720,757
<OTHER-SE>                                   (342,380)
<TOTAL-LIABILITY-AND-EQUITY>                 1,544,483
<SALES>                                              0
<TOTAL-REVENUES>                               133,948
<CGS>                                                0
<TOTAL-COSTS>                                   41,021
<OTHER-EXPENSES>                                     0
<LOSS-PROVISION>                                     0
<INTEREST-EXPENSE>                              33,529
<INCOME-PRETAX>                                 28,238
<INCOME-TAX>                                         0
<INCOME-CONTINUING>                                  0
<DISCONTINUED>                                       0
<EXTRAORDINARY>                                      0
<CHANGES>                                            0
<NET-INCOME>                                    28,238
<EPS-BASIC>                                        .73
<EPS-DILUTED>                                      .72

<FN>
<F1> Current assets and current liabilities are not listed since Federal Realty
does not prepare a classified balance sheet.
</FN>