Alexandria Real Estate EquitiesARE
Market Cap: 20.8B
About: Alexandria Real Estate Equities Inc is an urban office real estate investment trust (REIT). It is engaged in the business of providing space for lease to life science, agtech, and technology tenants. The company has established a significant market presence in key locations, including Greater Boston, the San Francisco Bay Area, New York City, San Diego, Seattle, Maryland, and Research Triangle. Alexandria has a longstanding and proven track record of developing Class A properties clustered in urban life science, agtech, and technology campuses that provide tenants with highly dynamic and collaborative environments. Alexandria also provides strategic capital to transformative life science, agtech, and technology companies through venture capital platform.
Employees: 568
Fund manager confidence
Based on 2024 Q1 SEC filings by fund managers ($100M+ AUM)
19% more repeat investments, than reductions
Existing positions increased: 257 | Existing positions reduced: 216
0% more call options, than puts
Call options by funds: $90.6M | Put options by funds: $90.2M
1% less funds holding
Funds holding: 631 [Q4 2023] → 622 (-9) [Q1 2024]
9% less capital invested
Capital invested by funds: $21.4B [Q4 2023] → $19.4B (-$2.02B) [Q1 2024]
11.01% less ownership
Funds ownership: 96.99% [Q4 2023] → 85.98% (-11.01%) [Q1 2024]
12% less first-time investments, than exits
New positions opened: 67 | Existing positions closed: 76
15% less funds holding in top 10
Funds holding in top 10: 13 [Q4 2023] → 11 (-2) [Q1 2024]
Research analyst outlook
9 Wall Street Analysts provided 1 year price forecasts over the past 6 months
9 analyst ratings
Evercore ISI Group Steve Sakwa | 6%upside $126 | In-Line Downgraded | 25 Jul 2024 |
Wedbush Richard Anderson | 9%upside $130 | Neutral Downgraded | 24 Jul 2024 |
JMP Securities Aaron Hecht | 18%upside $140 | Market Outperform Reiterated | 23 Jul 2024 |
Evercore ISI Group Steve Sakwa | 12%upside $133 | Outperform Maintained | 16 Jul 2024 |
Evercore ISI Group Steve Sakwa | 11%upside $132 | Outperform Maintained | 25 Apr 2024 |
Financial journalist opinion
Based on 20 articles about ARE published over the past 30 days