Washington, D.C.  20549

                                   FORM 8-K

                                CURRENT REPORT

    Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934
        Date of Report (Date of earliest event reported) March 31, 2001

                        Federal Realty Investment Trust
            (Exact name of registrant as specified in its charter)

             Maryland                    1-07533              52-0782497
   ------------------------------      ------------      -------------------
   (State or other jurisdiction        (Commission       (IRS Employer
   of incorporation)                   File Number)      Identification No.)

   1626 East Jefferson Street, Rockville, Maryland           20852-4041
   (Address of principal executive offices)                  (Zip Code)

   Registrant's telephone number including area code:  301/998-8100

Exhibit Index appears on Page 3.

Item 5.   Other Events

          Federal Realty Investment Trust hereby files as exhibit 99 the
following supplemental data pertaining to its portfolio of properties at March
31, 2001.

Item 7.   Financial Statements and Exhibits

     (c)  Exhibits.

          99   Supplemental portfolio information at March 31, 2001


          Pursuant to the requirements of the Securities Exchange Act of 1934,
the registrant has duly caused this report to be signed on its behalf by the
undersigned hereunto duly authorized.

                           FEDERAL REALTY INVESTMENT TRUST

                           /s/ Cecily A. Ward
Date:  May 8, 2001         __________________________________________
                           Cecily A. Ward
                           Vice President, Chief Financial Officer and Treasurer


                                 EXHIBIT INDEX

Exh No.    Exhibit                                                     Page No.
-------    -------                                                     --------

   99      Supplemental portfolio information at March 31, 2001             E-1