Market Capitalization (Millions $) |
21,185 |
Shares
Outstanding (Millions) |
171 |
Employees |
559 |
Revenues (TTM) (Millions $) |
2,886 |
Net Income (TTM) (Millions $) |
281 |
Cash Flow (TTM) (Millions $) |
-197 |
Capital Exp. (TTM) (Millions $) |
3,684 |
Alexandria Real Estate Equities Inc
Alexandria Real Estate Equities, Inc (ARE) is a real estate investment trust (REIT) that specializes in the development, construction, acquisition, and management of life science and technology campuses. The companyes portfolio comprises nearly 29 million rentable square feet of laboratory, office, and retail space, spread over 243 properties located in major innovation cluster locations, including Boston/Cambridge, San Francisco, New York City, San Diego, Seattle, Maryland, and Research Triangle Park.
Founded in 1994, Alexandria Real Estate Equities has grown to become one of the largest and most diversified REITs in the world. Its business strategy revolves around creating collaborative environments for the life science, pharmaceutical, biotech, and technology industries. The company partners with its tenants to provide world-class facilities, including state-of-the-art research and development space, flexible lease terms, and customized development solutions. Its tenants include some of the most innovative and successful companies, organizations, and academic institutions in the life science and technology sectors.
ARE is widely recognized for its commitment to sustainability and environmental stewardship. The company was the first REIT to be named an Energy Star Partner of the Year, and over 70% of its properties are LEED certified. It also participates in numerous green building initiatives, such as the Global Real Estate Sustainability Benchmark (GRESB), the US Department of Energyes Better Buildings Challenge, and the United Nationse Climate Neutral Now program.
Alexandria Real Estate Equities has a strong financial foundation, with a market capitalization of over $31 billion and an investment-grade credit rating. Its revenue and earnings have shown steady growth over the years, and it has a diverse funding base that includes a mix of debt and equity capital.
In addition to its core business of real estate development and management, ARE has also established a number of innovative platforms to support and drive innovation in the life science and technology sectors. These include Alexandria Seed Capital Platform, which provides early-stage funding for life science startups, and the Alexandria LaunchLabs shared laboratory facilities, which provide entrepreneurs with access to affordable lab space and equipment.
Overall, Alexandria Real Estate Equities is a dynamic and innovative company that is at the forefront of the life science and technology industries. Its commitment to sustainability, collaboration, and innovation has helped it to become a global leader in the development and management of world-class campuses for the most innovative companies and institutions.
Company Address: 26 North Euclid Avenue Pasadena 91101 CA
Company Phone Number: 578-0777 Stock Exchange / Ticker: NYSE ARE
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Next quarterly dividend pay out on April 15, 2024. |
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