Alexandria Real Estate reports Q3 net loss of $638.5M due to impairments but maintains strong leasing and liquidity.

Alexandria Real Estate Equities reported a net loss of $638.5 million in Q3 2026, primarily due to $637.9 million in real estate impairment charges related to assets held for sale. Despite this, the company showed strong operational metrics including 87.1% occupancy, high tenant collections at 99.9%, and significant leasing volume exceeding 1.2 million RSF, the highest since Q4 2024. The company also maintains a strong balance sheet with $4.56 billion in liquidity and extended credit facilities. Alexandria plans to continue capital recycling through asset sales and partial interest sales, with 2026 guidance for funds from operations per share steady at around $6.40. The company expects some temporary occupancy declines in 2027 due to lease expirations but anticipates improvement in 2028.

As of Oct 27, 2026 03:21 WIB, Alexandria Real Estate Equities (ARE) shares trade at USD 43.32 on Pluang, showing a modest 0.70% gain for the day. The company holds a market cap of $7.40 billion and an enterprise value of $20.10 billion, reflecting its significant presence in the real estate sector. Notably, ARE offers a dividend yield of 6.69%, which may attract income-focused investors.