Alexandria Real Estate: Undervalued Passive Income Gem With A 4.2% Yield

filo Alexandria Real Estate Equities, Inc. (NYSE:ARE) is a well-managed real estate investment trust with an operational focus on life science real estate. The trust has enjoyed consistent funds from operations growth in its main business over the years and has strong portfolio metrics to back up a favorable outlook for passive income investors. Alexandria Real Estate Equities pays out just a tad more than 50% of its funds from operations, and the stock is moderately valued. Since the life science trust ...