Diversifying Revenue Streams and Adapting to Consumer Sophistication | Donald C Wood, CEO, Federal Realty Investment Trust. 00:10:00
In this interview, the CEO discusses the importance of diversifying revenue streams in the company, highlighting the evolving proportion of income from non-retail tenants like residential and office spaces. He also touches on the construction timeline and mixed-use aspects of a new project near Miami, emphasizing its alignment with the local community's needs. Lastly, he reflects on the significant changes in consumer sophistication over his 20-year tenure, underscoring its impact on the real estate industry.
