Total revenues of $762 million surpassed the consensus estimate of $750.7 million. However, the figure decreased marginally year over year. ARE: Behind the Headlines Alexandria's total leasing activity aggregated 769,815 rentable square feet (RSF) of space in the second quarter, reflecting healthy demand for its high-quality office/laboratory space. Of this, lease renewals and re-leasing of space amounted to 483,409 RSF, while leasing of development and redevelopment space totaled 131,768 RSF. The company r ...

Core Insights - Alexandria Real Estate Equities, Inc. (NYSE: ARE) has reported an earnings beat and reaffirmed its adjusted FFO guidance for the year, which alleviates concerns regarding its near-term outlook [1] Company Overview - Alexandria Real Estate Equities, Inc. is characterized as a high-yielding real estate investment trust (REIT) [1] - The company focuses on strong cash generation, ideally with a wide moat and significant durability [1] Investment Strategy - The investment approach emphasizes acquiring companies at the right time to maximize rewards [1] - The Cash Flow Club community offers features such as access to a leader's personal income portfolio targeting yields of 6% or more, community chat, and a "Best Opportunities" List [1]

Core Viewpoint - Alexandria Real Estate Equities (ARE) reported a slight decline in revenue for the quarter ended June 2025, but showed significant improvement in earnings per share (EPS) compared to the previous year [1]. Financial Performance - Revenue for the quarter was $762.04 million, down 0.6% year-over-year, but exceeded the Zacks Consensus Estimate of $750.65 million by +1.52% [1]. - EPS was reported at $2.33, a substantial increase from $0.25 in the same quarter last year, resulting in an EPS surprise of +1.75% against the consensus estimate of $2.29 [1]. - Other income revenue was $24.76 million, significantly higher than the estimated $12.93 million, marking a +114% change year-over-year [4]. - Rental revenue was $737.28 million, which was below the average estimate of $743.9 million, reflecting a -2.4% change year-over-year [4]. - Net earnings per share (diluted) were reported at $-0.64, compared to the average estimate of $0.52 [4]. Market Performance - Over the past month, shares of Alexandria Real Estate Equities have returned +9.5%, outperforming the Zacks S&P 500 composite's +5.4% change [3]. - The company currently holds a Zacks Rank 5 (Strong Sell), indicating potential underperformance relative to the broader market in the near term [3]. Occupancy Metrics - North America occupancy rate, excluding properties held for sale, was reported at 90.8%, slightly below the two-analyst average estimate of 91.3% [4].

The sustainability of the stock's immediate price movement based on the recently-released numbers and future FFO expectations will mostly depend on management's commentary on the earnings call. Alexandria Real Estate Equities shares have lost about 19.9% since the beginning of the year versus the S&P 500's gain of 7.1%. What's Next for Alexandria Real Estate Equities? Alexandria Real Estate Equities (ARE) came out with quarterly funds from operations (FFO) of $2.33 per share, beating the Zacks Consensus Est ...

ALEXANDRIA EXECUTES LARGEST LIFE SCIENCE LEASE IN COMPANY HISTORY WITH A LONG-STANDING MULTINATIONAL PHARMACEUTICAL TENANT IN JULY FOR A466,598 RSF BUILD-TO-SUIT RESEARCH HUB AT OUR CAMPUS POINT BY ALEXANDRIA MEGACAMPUS ™ IN SAN DIEGO HIGHLIGHTS • 16-year lease term with a credit tenant • Underscores uniquely targeted demand for our leading life science destination in San Diego • R&D hub embedded in an amenity-rich Megacampus ecosystem that enables tenants to recruit and retain top talent Table of Contents ...

Core Insights - Alexandria Real Estate Equities, Inc. reported total revenues of $762 million for 2Q25, a slight decrease from $766.7 million in 2Q24, and $1.52 billion for 1H25, down from $1.54 billion in 1H24 [1][2] - The company experienced a net loss attributable to common stockholders of $109.6 million in 2Q25, compared to a profit of $42.9 million in 2Q24, resulting in a diluted loss per share of $0.64 [1][2] - Funds from operations (FFO) attributable to common stockholders were $396.4 million in 2Q25, slightly down from $405.5 million in 2Q24, with adjusted FFO per share at $2.33 [1][2] Operating Results - Occupancy rate of operating properties in North America stood at 90.8% as of June 30, 2025, reflecting temporary vacancies of 668,795 RSF [1][8] - The company reported a strong operating margin of 71% and an adjusted EBITDA margin of 71% [1] - Tenant collections remained robust, with 99.4% of July 2025 rents collected as of July 21, 2025 [1] Leasing Activity - Total leasing activity for 2Q25 reached 769,815 RSF, with a rental rate increase of 5.5% [2][3] - Lease renewals and re-leasing of space accounted for 483,409 RSF, with a cash basis rental rate increase of 6.1% [2][3] - The company executed the largest life science lease in its history in July 2025, totaling 466,598 RSF for a 16-year expansion [3][18] Financial Position - Alexandria maintains a strong balance sheet with significant liquidity of $4.6 billion and a net debt to adjusted EBITDA ratio of 5.9x [3][11] - Only 9% of total debt matures through 2027, with a weighted-average remaining term of debt at 12.0 years [3][11] - The company declared a common stock dividend of $1.32 per share for 2Q25, representing an 18-cent increase or 3.5% from the previous year [4] Capital Recycling Strategy - Alexandria plans to fund a significant portion of its capital requirements for 2025 through dispositions of non-core assets, with expected total dispositions and sales of partial interests in the range of $1.45 billion to $2.45 billion [2][5] - The company anticipates $139 million of incremental annual net operating income from its development and redevelopment pipeline by 4Q26 [5][6] Corporate Responsibility and Awards - Alexandria was recognized with the 2025 BOMA International TOBY Award in the Life Science category for its facility at 8 Davis Drive [18] - The company released its 2024 Corporate Responsibility Report, highlighting a reduction in operational greenhouse gas emissions intensity by 18% from 2022 to 2024 [18]

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-Q (Mark One) ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended June 30, 2025 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from ____________ to ____________ Commission file number 1-12993 ALEXANDRIA REAL ESTATE EQUITIES, INC. (Exact name of registrant as specified in its charter) Maryla ...

Core Insights - The article discusses the investment landscape in the real estate sector, particularly focusing on the performance and potential of various real estate investment trusts (REITs) and housing-related companies [2][3]. Group 1: Company Insights - Hoya Capital Research & Index Innovations is affiliated with Hoya Capital Real Estate, providing investment advisory services and market commentary focused on publicly traded securities in the real estate industry [2]. - The commentary emphasizes that it is for informational and educational purposes only, and does not constitute investment, tax, or legal advice [2]. Group 2: Industry Insights - The real estate industry is highlighted as having unique risks associated with investments in real estate companies and housing industry companies, as well as investments in ETFs [2]. - The article notes that past performance of market data does not guarantee future results, indicating the inherent volatility and unpredictability of the real estate market [3].

Something just happened at Alexandria Real Estate Equities, Inc. ( ARE )… and I think we should talk about it. Let’s dive right in.Analyst’s Disclosure:I/we have a beneficial long position in the shares of ARE either through stock ownership, options, or other derivatives. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from Seeking Alpha). I have no business relationship with any company whose stock is mentioned in this article. Seeking Alpha ...

Core Viewpoint - Alexandria Real Estate Equities Inc. (ARE) is expected to report a decline in revenues and funds from operations (FFO) per share for the second quarter of 2025, with results reflecting challenges in leasing and occupancy levels [1][9]. Financial Performance - In the last reported quarter, ARE beat the Zacks Consensus Estimate for adjusted FFO per share by 2 cents, driven by decent leasing activity and rental rate growth, although lower occupancy and higher interest expenses negatively impacted results [2][3]. - The Zacks Consensus Estimate for Alexandria's quarterly revenues is currently $750.7 million, indicating a 2.1% decrease from the prior-year period [4]. - For Q2 2025, rental income is projected to decline by 1.7%, and same-store net operating income is expected to decrease by 13% year over year [5][9]. Market Position and Risks - Alexandria owns a premium portfolio of Class A/A+ properties in high-barrier-to-entry markets in the U.S., but faces risks related to slow re-leasing of expiring spaces and lease-up vacancies, which may adversely affect occupancy levels [3][4]. - The company currently has an Earnings ESP of 0.00% and a Zacks Rank of 5 (Strong Sell), indicating a lack of confidence among analysts regarding a surprise in FFO per share this quarter [6][7]. Comparative Analysis - Other REITs such as Digital Realty Trust (DLR) and Highwoods Properties (HIW) are highlighted as potential investment opportunities, with both showing positive Earnings ESP and favorable Zacks Ranks [8][10].