Ownership Submission
FORM 4
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP OF SECURITIES

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934, Section 17(a) of the Public Utility Holding Company Act of 1935 or Section 30(h) of the Investment Company Act of 1940
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(Print or Type Responses)
1. Name and Address of Reporting Person *
Blocher Andrew P
   2. Issuer Name and Ticker or Trading Symbol
FEDERAL REALTY INVESTMENT TRUST [FRT] 		5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
_____ Director _____ 10% Owner
__X__ Officer (give title below) _____ Other (specify below)
SVP-Former SVP CFO & Treasurer
(Last)
(First)
(Middle)
1626 EAST JEFFERSON STREET		 3. Date of Earliest Transaction (Month/Day/Year)
08/14/2012
(Street)

ROCKVILLE, MD 20852		 4. If Amendment, Date Original Filed(Month/Day/Year)
 6. Individual or Joint/Group Filing(Check Applicable Line)
_X_ Form filed by One Reporting Person
___ Form filed by More than One Reporting Person
(City)
(State)
(Zip)
Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1.Title of Security
(Instr. 3)		 2. Transaction Date (Month/Day/Year) 2A. Deemed Execution Date, if any (Month/Day/Year) 3. Transaction Code
(Instr. 8)		 4. Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4 and 5)		 5. Amount of Securities Beneficially Owned Following Reported Transaction(s)
(Instr. 3 and 4)		 6. Ownership Form: Direct (D) or Indirect (I)
(Instr. 4)		 7. Nature of Indirect Beneficial Ownership
(Instr. 4)
Code V Amount (A) or (D) Price
Common shares of beneficial interest 08/14/2012   M   5,625 A $ 67.66 34,456.4 D  
Common shares of beneficial interest 08/14/2012   M   4,921 A $ 92.3 39,377.4 D  
Common shares of beneficial interest 08/14/2012   M   4,498 A $ 73.03 43,875.4 D  
Common shares of beneficial interest 08/14/2012   M   11,704 A $ 43.48 55,579.4 D  
Common shares of beneficial interest 08/14/2012   S   100 D $ 105.26 55,479.4 D  
Common shares of beneficial interest 08/14/2012   S   100 D $ 105.24 55,379.4 D  
Common shares of beneficial interest 08/14/2012   S   100 D $ 105.23 55,279.4 D  
Common shares of beneficial interest 08/14/2012   S   200 D $ 105.22 55,079.4 D  
Common shares of beneficial interest 08/14/2012   S   300 D $ 105.21 54,779.4 D  
Common shares of beneficial interest 08/14/2012   S   148 D $ 105.2 54,631.4 D  
Common shares of beneficial interest 08/14/2012   S   100 D $ 105.17 54,531.4 D  
Common shares of beneficial interest 08/14/2012   S   100 D $ 105.16 54,431.4 D  
Common shares of beneficial interest 08/14/2012   S   100 D $ 105.15 54,331.4 D  
Common shares of beneficial interest 08/14/2012   S   100 D $ 105.13 54,231.4 D  
Common shares of beneficial interest 08/14/2012   S   100 D $ 105.12 54,131.4 D  
Common shares of beneficial interest 08/14/2012   S   300 D $ 105.11 53,831.4 D  
Common shares of beneficial interest 08/14/2012   S   400 D $ 105.09 53,431.4 D  
Common shares of beneficial interest 08/14/2012   S   900 D $ 105.08 52,531.4 D  
Common shares of beneficial interest 08/14/2012   S   300 D $ 105.07 52,231.4 D  
Common shares of beneficial interest 08/14/2012   S   400 D $ 105.06 518.431 D  
Common shares of beneficial interest 08/14/2012   S   2,200 D $ 105.05 49,631.4 D  
Common shares of beneficial interest 08/14/2012   S   800 D $ 105.04 48,831.4 D  
Common shares of beneficial interest 08/14/2012   S   3,702 D $ 105.03 45,129.4 D  
Common shares of beneficial interest 08/14/2012   S   5,898 D $ 105.02 39,231.4 D  
Common shares of beneficial interest 08/14/2012   S   2,300 D $ 105.01 36,931.4 D  
Common shares of beneficial interest 08/14/2012   S   8,100 D $ 105 28,831.4 D  

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Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security
(Instr. 3)		 2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (Month/Day/Year) 3A. Deemed Execution Date, if any (Month/Day/Year) 4. Transaction Code
(Instr. 8)		 5. Number of Derivative Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4, and 5)		 6. Date Exercisable and Expiration Date
(Month/Day/Year)		 7. Title and Amount of Underlying Securities
(Instr. 3 and 4)		 8. Price of Derivative Security
(Instr. 5)		 9. Number of Derivative Securities Beneficially Owned Following Reported Transaction(s)
(Instr. 4)		 10. Ownership Form of Derivative Security: Direct (D) or Indirect (I)
(Instr. 4)		 11. Nature of Indirect Beneficial Ownership
(Instr. 4)
Code V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares
Employee Share Option $ 67.66 08/14/2012   M     5,625 02/16/2007(1) 02/16/2016 Common shares of beneficial interest 5,625 $ 0 0 D  
Employee Share Option $ 92.3 08/14/2012   M     4,921 02/12/2008(2) 02/12/2017 Common shares of beneficial interest 4,921 $ 0 0 D  
Employee Share Option $ 73.03 08/14/2012   M     4,498 02/10/2009(3) 02/10/2018 Common shares of beneficial interest 4,498 $ 0 1,125 D  
Employee Share Option $ 43.48 08/14/2012   M     11,704 02/17/2012 02/17/2019 Common shares of beneficial interest 11,704 $ 0 30,609 D  

Reporting Owners

Reporting Owner Name / Address Relationships
 Director  10% Owner  Officer  Other
Blocher Andrew P
1626 EAST JEFFERSON STREET
ROCKVILLE, MD 20852		       SVP-Former SVP CFO & Treasurer  

Signatures

 Dawn M. Becker, by power of attorney   08/16/2012
**Signature of Reporting Person Date

Explanation of Responses:

* If the form is filed by more than one reporting person, see Instruction 4(b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations. See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
(1) 1,125 options vested on each of 2/16/2007; 2/16/2008; 2/16/2009; 2/16/2010 and 2/16/2011.
(2) 984 options vested on each of 2/12/2008; 2/12/2009; 2/12/2011; 2/12/2012 and 985 options vested on 2/12/2010.
(3) 1,125 options vested on each of 2/10/2009 and 2/10/2011 and 1,124 options vested on each of 2/10/2010 and 2/10/2012.

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