Alexandria Real Estate Equities reported a net income of $358.9 million for Q1 2026, a significant turnaround from a loss of $11.6 million in Q1 2025. Despite a decrease in funds from operations per share to $1.73 from $2.30 year-over-year, the company maintains a strong balance sheet with $4.17 billion liquidity and a 10-year average debt term. Leasing activity remains robust with 647,356 RSF leased in Q1, including a 135% increase in development space leasing. The company plans $2.9 billion in asset dispositions and sales of partial interests in 2026 to fund capital needs, while maintaining a $0.72 quarterly dividend and targeting a 6.2% yield. Guidance for 2026 funds from operations per share remains at a midpoint of $6.40, with expectations of improved occupancy and net operating income in the second half of the year.
Alexandria Real Estate Equities (ARE) is struggling with oversupply and vacancy rates exceeding 30% in key life science markets like Boston, San Francisco, and San Diego. This has caused an 80% decline in its stock price from its peak. The company's ...
A lawsuit has been filed against Alexandria Real Estate Equities, accusing the company of providing false information about leasing spreads, tenant pipeline, and occupancy growth for its Long Island City life-science property. The complaint claims Al...
