ARE - Alexandria Real Estate: Quality At A Fair Price

2024-02-17 06:08:12 ET

Summary

• Alexandria Real Estate Equities is a blue-chip REIT focused on leasing to life science tenants in biotech and big pharma.
• The company has shown strong operational strength with near-perfect rent collections, high leasing volumes, and long-term leases with high rent spreads.
• ARE's development pipeline is expected to contribute to significant growth in NOI, and its long-duration balance sheet mitigates the impact of rising interest rates.

Dear readers,

Alexandria Real Estate Equities (ARE) is a blue-chip REIT focused on leasing exclusively to life science tenants in biotech and big pharma. The REIT has generated impressive shareholder returns since going public in 1997 and continues to deliver growth year after year with a 10-year FFO per share CAGR of 7.4%....

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