Alexandria Real Estate Equities Inc. (ARE) saw a fluctuating performance in contrast with competitors with a number of underperforming days; despite the mixed performance, the company outperformed competitors on several trading days. Several investments were made in ARE by prominent entities including
Envestnet Asset Management,
Edgestream Partners,
Herr Investment Group,
MQS Management, and
BlackRock Inc. ARE closed a strategic-value harvesting disposition of an Eastlake Avenue property in the Lake Union Submarket of Seattle, cashing in $150M on the sale. Analysts downgraded ARE, with entities like Citi and Jefferies giving it a neutral outlook owing to short-term caution. Despite this, ARE managed to surpass Q2 FFO Estimates demonstrating strong performance. ARE announced various significant lease agreements with Pharmaceutical Companies, insitro and AstraZeneca being key tenants. Increased dividends were declared for Q3 2024, further establishing it as a valuable dividend stock. A public offering of $400,000,000 of Senior Notes due 2036, and $600,000,000 of Senior Notes due 2054 was announced. ARE was honored in the inaugural
Bisnow Life Sciences Icon & Influencer Award and was noted in Nareit's Sustainability Impact Awards for displaying operational excellence.
Alexandria Real Estate Equities ARE News Analytics from Mon, 23 Oct 2023 07:00:00 GMT to Sun, 22 Sep 2024 10:10:48 GMT -
Rating 2
- Innovation 3
- Information 6
- Rumor -4
