ARE - Alexandria Real Estate Equities Inc.

ARE Stock Chart

ARE Profile

Alexandria Real Estate Equities, Inc. (NYSE: ARE) is a distinguished urban office real estate investment trust (REIT) included in the S&P 500 index. Since its inception in 1994, Alexandria has led the industry as the foremost owner, operator, and developer specializing in collaborative life science, technology, and agtech campuses. With a market capitalization of $31.9 billion as of December 31, 2020, the company boasts a robust asset base spanning 49.7 million square feet across North America. This portfolio includes 31.9 million rentable square feet (RSF) in operational properties, 3.3 million RSF under construction for Class A facilities, and an additional 7.1 million RSF slated for near-term and intermediate-term development and redevelopment projects. Moreover, Alexandria has earmarked 7.4 million square feet for future development initiatives.

The firm's strategic focus is on prime AAA innovation cluster locations such as Greater Boston, San Francisco, New York City, San Diego, Seattle, Maryland, and the Research Triangle. Alexandria's approach centers on developing Class A properties within these urban clusters, fostering dynamic and collaborative environments tailored for innovative tenants. This approach aims to bolster tenant recruitment and retention efforts, drive productivity, stimulate creativity, and facilitate overall success. Additionally, Alexandria extends strategic capital through its venture capital platform to support transformative life science, technology, and agtech companies, thereby enriching its tenant ecosystem and enhancing long-term asset value.

With a proven track record in meticulous underwriting and a commitment to maintaining a high-quality and diverse tenant base, Alexandria Real Estate Equities achieves consistently high occupancy levels, longer lease terms, increased rental income, and superior returns. These factors underscore Alexandria's position as a leader in urban office real estate, dedicated to shaping innovative environments that nurture collaboration and innovation in life sciences, technology, and agriculture technology sectors.

ARE Revenue Chart

ARE Earnings