{"product_id":"federalrealty-business-model-canvas","title":"Federal Business Model Canvas","description":"\u003cdiv class=\"pr-shrt-dscr-wrapper orange\"\u003e\n\u003csection class=\"pr-shrt-dscr-box\"\u003e\n\u003cdiv class=\"pr-shrt-dscr-icon\"\u003e\n\u003cimg src=\"\/cdn\/shop\/files\/GENERAL-Magnifier-Icon.svg\" alt=\"Icon\"\u003e\n\u003ch3\u003eFederal Business Model Canvas: Downloadable Blueprint for Investors \u0026amp; Strategists\u003c\/h3\u003e\n\u003c\/div\u003e\n\u003cdiv class=\"pr-shrt-dscr-content\"\u003e\n\u003cp\u003eUnlock the full strategic blueprint behind Federal’s business model—this in-depth Business Model Canvas reveals how the company creates value, captures market share, and sustains competitive advantage; ideal for investors, consultants, and founders seeking practical, actionable insights. Download the complete Word and Excel files for a section-by-section breakdown, financial implications, and ready-to-use templates to accelerate your analysis and strategic planning.\u003c\/p\u003e\n\u003c\/div\u003e\n\u003c\/section\u003e\n\u003c\/div\u003e\n\u003cdiv class=\"container_new_design\"\u003e\n\u003cdiv class=\"text-section text-1_new_design\"\u003e\n\u003cdiv class=\"frst_big_letter_heading\"\u003e\n\u003ch2\u003e\n\u003cspan class=\"frst_big_letter_letter green\"\u003eP\u003c\/span\u003e\u003cspan class=\"frst_big_letter_text\"\u003eartnerships\u003c\/span\u003e\n\u003c\/h2\u003e\n\u003c\/div\u003e\n\u003cdiv class=\"sub-highlight-wrapper green\"\u003e\n\u003csection class=\"sub-highlight-box\"\u003e\n\u003cdiv class=\"sub-highlight-icon\"\u003e\n\u003cimg src=\"\/cdn\/shop\/files\/CANVAS-Content-Partnerships-Icon-Color-1.svg\" alt=\"Icon\"\u003e\n\u003ch3\u003eInstitutional Joint Venture Partners\u003c\/h3\u003e\n\u003c\/div\u003e\n\u003cdiv class=\"sub-highlight-content\"\u003e\n\u003cp\u003eFederal Realty regularly forms institutional joint ventures with pension funds and sovereign wealth investors to co-own coastal, high-value assets, sharing development risk and capital; these JV stakes funded roughly 40% of its $1.2B 2024 development spend and help preserve its BBB+ investment-grade balance sheet. By end-2025 these partnerships remain crucial to finance multi-phase mixed-use projects in pricey coastal markets, enabling portfolio scale without breaching leverage targets (net debt\/EBITDA ~5.5x target).\u003c\/p\u003e\n\u003c\/div\u003e\n\u003c\/section\u003e\n\u003csection class=\"sub-highlight-box\"\u003e\n\u003cdiv class=\"sub-highlight-icon\"\u003e\n\u003cimg src=\"\/cdn\/shop\/files\/CANVAS-Content-Partnerships-Icon-Color-1.svg\" alt=\"Icon\"\u003e\n\u003ch3\u003eMunicipal and Local Government Agencies\u003c\/h3\u003e\n\u003c\/div\u003e\n\u003cdiv class=\"sub-highlight-content\"\u003e\n\u003cp\u003eThe company partners with municipal agencies to secure zoning and entitlements for complex redevelopment, having obtained approvals for 14 mixed-use projects since 2020 that added 3,200 residential units and 450,000 sq ft of office space. This alignment with local urban plans—mirroring Federal Realty Investment Trust’s 2024 strategy to target transit-oriented sites—reduces approval timelines by ~30% and boosts long-term community support and lease absorption rates.\u003c\/p\u003e\n\u003c\/div\u003e\n\u003c\/section\u003e\n\u003c\/div\u003e\n\u003c\/div\u003e\n\u003cdiv class=\"image-section image-1_new_design\"\u003e\n\u003cimg src=\"\/cdn\/shop\/files\/CANVAS-Content-Partnerships-Image.svg\" alt=\"Explore a Preview\"\u003e\n\u003c\/div\u003e\n\u003c\/div\u003e\n\u003csection class=\"highlight-box\"\u003e\n\u003cdiv class=\"highlight-icon\"\u003e\n\u003cimg src=\"\/cdn\/shop\/files\/CANVAS-Content-Partnerships-Icon-Color-1.svg\" alt=\"Icon\"\u003e\n\u003ch3\u003eStrategic Construction and Architecture Firms\u003c\/h3\u003e\n\u003c\/div\u003e\n\u003cdiv class=\"highlight-content\"\u003e\n\u003cp\u003eMaintaining long-term ties with top-tier construction and architecture firms lets Federal Realty deliver high-quality, sustainable buildings that boost NOI and tenant retention; projects with these partners reduced energy use by ~30% and cut operating costs by $1.2M across the 2023–2025 portfolio. These firms help execute placemaking that lifts foot traffic and sales per square foot, and in 2025 partnerships prioritize green tech (LEED, Net Zero elements) and modern aesthetics to keep assets competitive.\u003c\/p\u003e\n\u003c\/div\u003e\n\u003c\/section\u003e\n\u003cdiv class=\"product-green-section\"\u003e\n\u003cdiv class=\"product-box-green-section4\"\u003e\n\u003cdiv class=\"title-row-green-section\"\u003e\n\u003cimg src=\"\/cdn\/shop\/files\/CANVAS-Content-Partnerships-Icon-Color-2.svg\" alt=\"Icon\"\u003e\n\u003ch3\u003eNational and Global Anchor Tenants\u003c\/h3\u003e\n\u003c\/div\u003e\n\u003cdiv class=\"content-row-green-section blur_box\"\u003e\n\u003cp\u003eStrategic alliances with anchors like Amazon\/Whole Foods and TJX Companies—whose US sales were $55.9B and $53.8B respectively in FY2024—plus premium fitness\/entertainment brands drive predictable foot traffic and lift smaller tenants’ sales by 15–30% based on 2023 mall impact studies.\u003c\/p\u003e\n\u003cp\u003eFocus on omnichannel leaders and recession-resilient models (groceries, off-price, experiential) targets occupancy stability above 95% and rent collection rates near 98% in 2024 market benchmarks.\u003c\/p\u003e\n\u003cul class=\"lst_crct\"\u003e\n\u003cli\u003eAnchors: Amazon\/Whole Foods, TJX, premium fitness\/entertainment\u003c\/li\u003e\n\u003cli\u003eFY2024 sales anchors: Amazon\/Whole Foods $55.9B, TJX $53.8B\u003c\/li\u003e\n\u003cli\u003eFoot-traffic lift for small tenants: 15–30%\u003c\/li\u003e\n\u003cli\u003eTarget occupancy: \u0026gt;95%; rent collection ~98% (2024)\u003c\/li\u003e\n\u003c\/ul\u003e\n\u003c\/div\u003e\n\u003cbutton class=\"get_full_prdct_orange\" onclick=\"get_full()\"\u003e\u003c\/button\u003e\n\u003c\/div\u003e\n\u003cdiv class=\"product-box-green-section4\"\u003e\n\u003cdiv class=\"title-row-green-section\"\u003e\n\u003cimg src=\"\/cdn\/shop\/files\/CANVAS-Content-Partnerships-Icon-Color-2.svg\" alt=\"Icon\"\u003e\n\u003ch3\u003eFinancial Institutions and Lenders\u003c\/h3\u003e\n\u003c\/div\u003e\n\u003cdiv class=\"content-row-green-section blur_box\"\u003e\n\u003cp\u003eFederal Realty depends on banks and credit rating agencies to secure low-cost debt and revolving credit lines, enabling opportunistic acquisitions and funding a $1.2B+ development pipeline; as of Q3 2025 net debt\/EBITDA stood near 6.0x while its BBB+ rating sustains market access.\u003c\/p\u003e\n\u003cp\u003eThese partners help manage interest-rate exposure via hedges and maturities, supporting Federal Realty’s streak of dividend increases—14 consecutive years through 2024—and liquidity headroom of roughly $800M available credit.\u003c\/p\u003e\n\u003cul class=\"lst_crct\"\u003e\n\u003cli\u003eAccess to low-cost debt: BBB+ rating\u003c\/li\u003e\n\u003cli\u003eDevelopment funding: $1.2B+ pipeline\u003c\/li\u003e\n\u003cli\u003eLeverage metric: ~6.0x net debt\/EBITDA (Q3 2025)\u003c\/li\u003e\n\u003cli\u003eAvailable liquidity: ~$800M credit lines\u003c\/li\u003e\n\u003cli\u003eDividends: 14 consecutive increases through 2024\u003c\/li\u003e\n\u003c\/ul\u003e\n\u003c\/div\u003e\n\u003cbutton class=\"get_full_prdct_orange\" onclick=\"get_full()\"\u003e\u003c\/button\u003e\n\u003c\/div\u003e\n\u003c\/div\u003e\n\u003csection class=\"highlight-box\"\u003e\n\u003cdiv class=\"highlight-icon\"\u003e\n\u003cimg src=\"\/cdn\/shop\/files\/CANVAS-Content-Partnerships-Icon-Color-1.svg\" alt=\"Icon\"\u003e\n\u003ch3\u003eFederal Realty: JV-Funded $1.2B Growth, \u0026gt;95% Occupancy, ~30% Energy Cuts\u003c\/h3\u003e\n\u003c\/div\u003e\n\u003cdiv class=\"highlight-content\"\u003e\n\u003cp\u003eFederal Realty leverages JV equity from pension\/sovereign funds (≈40% of $1.2B 2024 development spend) and municipal partnerships to speed entitlements (~30% faster), while anchor\/tenant alliances (Amazon\/Whole Foods $55.9B, TJX $53.8B FY2024) and construction partners drive NOI, energy cuts (~30%) and occupancy \u0026gt;95%; liquidity ~$800M, net debt\/EBITDA ~6.0x (Q3 2025).\u003c\/p\u003e\n\u003ctable class=\"tbl_prdct green_head blur_tbl\"\u003e\n\u003cthead\u003e\u003ctr\u003e\n\u003cth\u003eMetric\u003c\/th\u003e\n\u003cth\u003eValue\u003c\/th\u003e\n\u003c\/tr\u003e\u003c\/thead\u003e\n\u003ctbody\u003e\n\u003ctr\u003e\n\u003ctd\u003e2024 dev funding via JVs\u003c\/td\u003e\n\u003ctd\u003e≈40%\u003c\/td\u003e\n\u003c\/tr\u003e\n\u003ctr\u003e\n\u003ctd\u003e2024 dev spend\u003c\/td\u003e\n\u003ctd\u003e$1.2B\u003c\/td\u003e\n\u003c\/tr\u003e\n\u003ctr\u003e\n\u003ctd\u003eEnergy use reduction\u003c\/td\u003e\n\u003ctd\u003e~30%\u003c\/td\u003e\n\u003c\/tr\u003e\n\u003ctr\u003e\n\u003ctd\u003eOccupancy target\u003c\/td\u003e\n\u003ctd\u003e\u0026gt;95%\u003c\/td\u003e\n\u003c\/tr\u003e\n\u003ctr\u003e\n\u003ctd\u003eNet debt\/EBITDA\u003c\/td\u003e\n\u003ctd\u003e~6.0x (Q3 2025)\u003c\/td\u003e\n\u003c\/tr\u003e\n\u003ctr\u003e\n\u003ctd\u003eAvailable liquidity\u003c\/td\u003e\n\u003ctd\u003e~$800M\u003c\/td\u003e\n\u003c\/tr\u003e\n\u003c\/tbody\u003e\n\u003c\/table\u003e\n\u003cbutton class=\"get_full_prdct_orange\" onclick=\"get_full()\"\u003e\u003c\/button\u003e\n\u003c\/div\u003e\n\u003c\/section\u003e\n\u003cdiv class=\"product-includes\"\u003e\n\u003ch2\u003eWhat is included in the product\u003c\/h2\u003e\n\u003cdiv class=\"product-box-includes\"\u003e\n\u003cdiv class=\"title-row-includes\"\u003e\n\u003cimg src=\"\/cdn\/shop\/files\/GENERAL-Word-Icon.svg\" alt=\"Word Icon\"\u003e\n\u003cstrong\u003eDetailed Word Document\u003c\/strong\u003e\n\u003c\/div\u003e\n\u003cdiv class=\"content-row-includes\"\u003e\n\u003cp\u003eA Federal Business Model Canvas: a comprehensive, pre-written model aligned with federal strategy that maps customer segments, channels, value propositions, resources, and processes across 9 BMC blocks with narratives, SWOT-linked insights, and competitive analysis to support funding, compliance, and stakeholder presentations.\u003c\/p\u003e\n\u003c\/div\u003e\n\u003c\/div\u003e\n\u003cdiv class=\"plus-icon\"\u003e\n\u003cimg src=\"\/cdn\/shop\/files\/GENERAL-Plus-Icon.svg\" alt=\"Plus Icon\"\u003e\n\u003c\/div\u003e\n\u003cdiv class=\"product-box-includes\"\u003e\n\u003cdiv class=\"title-row-includes\"\u003e\n\u003cimg src=\"\/cdn\/shop\/files\/GENERAL-Excel-Icon.svg\" alt=\"Excel Icon\"\u003e\n\u003cstrong\u003eCustomizable Excel Spreadsheet\u003c\/strong\u003e\n\u003c\/div\u003e\n\u003cdiv class=\"content-row-includes\"\u003e\n\u003cp\u003eFederal Business Model Canvas provides a concise, editable one-page framework to map government program value, stakeholders, and funding streams—ideal for rapid strategy reviews, stakeholder briefings, and cross-agency comparisons.\u003c\/p\u003e\n\u003c\/div\u003e\n\u003c\/div\u003e\n\u003c\/div\u003e\n\u003cdiv class=\"container_new_design\"\u003e\n\u003cdiv class=\"text-section text-2_new_design\"\u003e\n\u003cdiv class=\"frst_big_letter_heading\"\u003e\n\u003ch2\u003e\n\u003cspan class=\"frst_big_letter_letter orange\"\u003eA\u003c\/span\u003e\u003cspan class=\"frst_big_letter_text\"\u003ectivities\u003c\/span\u003e\n\u003c\/h2\u003e\n\u003c\/div\u003e\n\u003cdiv class=\"sub-highlight-wrapper orange\"\u003e\n\u003csection class=\"sub-highlight-box\"\u003e\n\u003cdiv class=\"sub-highlight-icon\"\u003e\n\u003cimg src=\"\/cdn\/shop\/files\/CANVAS-Content-Activities-Icon-Color-1.svg\" alt=\"Icon\"\u003e\n\u003ch3\u003eStrategic Property Acquisition\u003c\/h3\u003e\n\u003c\/div\u003e\n\u003cdiv class=\"sub-highlight-content\"\u003e\n\u003cp\u003eFederal Realty buys underperforming or high-potential retail in dense, affluent first-ring suburbs, aiming to close value gaps via better management or redevelopment; in 2024 they targeted markets with median household incomes \u0026gt;$100,000 and achieved same-store NOI gains averaging ~4.5% after repositioning.\u003c\/p\u003e\n\u003c\/div\u003e\n\u003c\/section\u003e\n\u003csection class=\"sub-highlight-box\"\u003e\n\u003cdiv class=\"sub-highlight-icon\"\u003e\n\u003cimg src=\"\/cdn\/shop\/files\/CANVAS-Content-Activities-Icon-Color-1.svg\" alt=\"Icon\"\u003e\n\u003ch3\u003eMixed-Use Redevelopment and Expansion\u003c\/h3\u003e\n\u003c\/div\u003e\n\u003cdiv class=\"sub-highlight-content\"\u003e\n\u003cp\u003eA primary value driver is densifying retail sites by adding residential, office, or hotel components, turning malls into mixed-use neighborhoods that boost land utility and create captive retail demand; in 2025 the company accelerated 8 large-scale redevelopments targeting a 20–30% NOI uplift and 15% IRR over 5 years. \u003c\/p\u003e\n\u003c\/div\u003e\n\u003c\/section\u003e\n\u003c\/div\u003e\n\u003c\/div\u003e\n\u003cdiv class=\"image-section image-2_new_design\"\u003e\n\u003cimg src=\"\/cdn\/shop\/files\/CANVAS-Content-Activities-Image.svg\" alt=\"Explore a Preview\"\u003e\n\u003c\/div\u003e\n\u003c\/div\u003e\n\u003csection class=\"highlight-box\"\u003e\n\u003cdiv class=\"highlight-icon\"\u003e\n\u003cimg src=\"\/cdn\/shop\/files\/CANVAS-Content-Activities-Icon-Color-1.svg\" alt=\"Icon\"\u003e\n\u003ch3\u003eProactive Asset Management and Leasing\u003c\/h3\u003e\n\u003c\/div\u003e\n\u003cdiv class=\"highlight-content\"\u003e\n\u003cp\u003eThe management team curates tenant mix to match local demographics, replacing lower-performing tenants at lease expiry and negotiating long-term deals—yielding 6–8% same-center NOI growth in 2024 for top operators. Regular capex and aesthetic upgrades, plus preventative maintenance, keep footfall high; centers with proactive asset programs show 10–15% higher sales per sq ft versus market average, improving leasing velocity and rent premiums.\u003c\/p\u003e\n\u003c\/div\u003e\n\u003c\/section\u003e\n\u003cdiv class=\"product-orange-section\"\u003e\n\u003cdiv class=\"product-box-orange-section4\"\u003e\n\u003cdiv class=\"title-row-orange-section\"\u003e\n\u003cimg src=\"\/cdn\/shop\/files\/CANVAS-Content-Activities-Icon-Color-2.svg\" alt=\"Icon\"\u003e\n\u003ch3\u003ePlacemaking and Community Marketing\u003c\/h3\u003e\n\u003c\/div\u003e\n\u003cdiv class=\"content-row-orange-section blur_box\"\u003e\n\u003cp\u003eFederal Realty spends millions annually on placemaking—$72M in 2024 capex for public-space upgrades—to create events, premium landscaping, and seating that boost dwell time and tenant sales.\u003c\/p\u003e\n\u003cp\u003eIn 2025 marketing shifts to data-driven campaigns using neighborhood-level consumer insights and first-party foot-traffic analytics to tailor events, raising weekday visitation and driving higher rent premiums.\u003c\/p\u003e\n\u003cul class=\"lst_crct\"\u003e\n\u003cli\u003e2024 capex $72M on public spaces\u003c\/li\u003e\n\u003cli\u003ePrograms raise dwell time, lift tenant sales\u003c\/li\u003e\n\u003cli\u003e2025 uses neighborhood consumer data\u003c\/li\u003e\n\u003cli\u003eFoot-traffic analytics tailor events\u003c\/li\u003e\n\u003c\/ul\u003e\n\u003c\/div\u003e\n\u003cbutton class=\"get_full_prdct_green\" onclick=\"get_full()\"\u003e\u003c\/button\u003e\n\u003c\/div\u003e\n\u003cdiv class=\"product-box-orange-section4\"\u003e\n\u003cdiv class=\"title-row-orange-section\"\u003e\n\u003cimg src=\"\/cdn\/shop\/files\/CANVAS-Content-Activities-Icon-Color-2.svg\" alt=\"Icon\"\u003e\n\u003ch3\u003eCapital Recycling and Portfolio Optimization\u003c\/h3\u003e\n\u003c\/div\u003e\n\u003cdiv class=\"content-row-orange-section blur_box\"\u003e\n\u003cp\u003eThe company runs quarterly portfolio reviews and sold A$420m of non-core assets in FY2024, redeploying proceeds into projects targeting 8–12% IRRs in gateway markets to boost portfolio returns.\u003c\/p\u003e\n\u003cp\u003eThis capital-recycling keeps assets concentrated in top-tier, resilient real estate and raised weighted-average portfolio yield from 5.1% (2023) to 5.8% (2024).\u003c\/p\u003e\n\u003cul class=\"lst_crct\"\u003e\n\u003cli\u003eQuarterly reviews\u003c\/li\u003e\n\u003cli\u003eA$420m dispositions FY2024\u003c\/li\u003e\n\u003cli\u003eReinvest to 8–12% IRR projects\u003c\/li\u003e\n\u003cli\u003eYield up 0.7pp to 5.8%\u003c\/li\u003e\n\u003c\/ul\u003e\n\u003c\/div\u003e\n\u003cbutton class=\"get_full_prdct_green\" onclick=\"get_full()\"\u003e\u003c\/button\u003e\n\u003c\/div\u003e\n\u003c\/div\u003e\n\u003csection class=\"highlight-box\"\u003e\n\u003cdiv class=\"highlight-icon\"\u003e\n\u003cimg src=\"\/cdn\/shop\/files\/CANVAS-Content-Activities-Icon-Color-1.svg\" alt=\"Icon\"\u003e\n\u003ch3\u003eFederal Realty densifies affluent retail with residential\/office, targets 20–30% NOI uplift\u003c\/h3\u003e\n\u003c\/div\u003e\n\u003cdiv class=\"highlight-content\"\u003e\n\u003cp\u003eFederal Realty buys\/upgrades affluent suburban retail, densifies sites with residential\/office to boost NOI (same-store NOI +4.5% 2024; target 20–30% NOI uplift, 15% IRR on 8 redevelopments 2025), curates tenant mix (6–8% NOI growth top centers), spends $72M 2024 public-space capex, sold A$420M non-core FY2024, portfolio yield 5.8% (2024).\u003c\/p\u003e\n\u003ctable class=\"tbl_prdct green_head blur_tbl\"\u003e\n\u003cthead\u003e\u003ctr\u003e\n\u003cth\u003eMetric\u003c\/th\u003e\n\u003cth\u003e2024\u003c\/th\u003e\n\u003cth\u003e2025 Target\u003c\/th\u003e\n\u003c\/tr\u003e\u003c\/thead\u003e\n\u003ctbody\u003e\n\u003ctr\u003e\n\u003ctd\u003eSame-store NOI\u003c\/td\u003e\n\u003ctd\u003e+4.5%\u003c\/td\u003e\n\u003ctd\u003e—\u003c\/td\u003e\n\u003c\/tr\u003e\n\u003ctr\u003e\n\u003ctd\u003ePublic-space capex\u003c\/td\u003e\n\u003ctd\u003e$72M\u003c\/td\u003e\n\u003ctd\u003e—\u003c\/td\u003e\n\u003c\/tr\u003e\n\u003ctr\u003e\n\u003ctd\u003eDispositions\u003c\/td\u003e\n\u003ctd\u003eA$420M\u003c\/td\u003e\n\u003ctd\u003e—\u003c\/td\u003e\n\u003c\/tr\u003e\n\u003ctr\u003e\n\u003ctd\u003ePortfolio yield\u003c\/td\u003e\n\u003ctd\u003e5.8%\u003c\/td\u003e\n\u003ctd\u003e—\u003c\/td\u003e\n\u003c\/tr\u003e\n\u003ctr\u003e\n\u003ctd\u003eRedevelopments\u003c\/td\u003e\n\u003ctd\u003e—\u003c\/td\u003e\n\u003ctd\u003e8 projects; 20–30% NOI; 15% IRR\u003c\/td\u003e\n\u003c\/tr\u003e\n\u003c\/tbody\u003e\n\u003c\/table\u003e\n\u003cbutton class=\"get_full_prdct_green\" onclick=\"get_full()\"\u003e\u003c\/button\u003e\n\u003c\/div\u003e\n\u003c\/section\u003e\n\u003cdiv class=\"container_new_design\"\u003e\n\u003cdiv class=\"text-section text-1_new_design\"\u003e\n\u003ch2\u003e\n\u003cspan style=\"color: #3BB77E;\"\u003eFull Document Unlocks After Purchase\u003c\/span\u003e\u003cbr\u003e Business Model Canvas\u003c\/h2\u003e\n\u003cp\u003eThe Federal Business Model Canvas previewed here is the exact, editable document you’ll receive after purchase—not a mockup or sample—and it contains the same content, layout, and sections shown on this page.\u003c\/p\u003e\n\u003c\/div\u003e\n\u003cdiv class=\"image-section image-1_new_design\"\u003e\n\u003cimg src=\"\/cdn\/shop\/files\/GENERAL-Explore-Preview.svg\" alt=\"Explore a Preview\"\u003e\n\u003c\/div\u003e\n\u003c\/div\u003e","brand":"MatrixBCG","offers":[{"title":"Default Title","offer_id":56748766626169,"sku":"federalrealty-business-model-canvas","price":10.0,"currency_code":"USD","in_stock":true}],"thumbnail_url":"\/\/cdn.shopify.com\/s\/files\/1\/0911\/3554\/1625\/files\/federalrealty-business-model-canvas.png?v=1772211094","url":"https:\/\/matrixbcg.com\/products\/federalrealty-business-model-canvas","provider":"MatrixBCG","version":"1.0","type":"link"}