ARE - Alexandria Real Estate Equities, Inc.

NYSE - NYSE Delayed Price. Currency in USD
143.85
+0.86 (+0.60%)
At close: 4:00PM EDT
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Previous Close142.99
Open0.00
Bid144.16 x 800
Ask144.24 x 800
Day's Range0.00 - 0.00
52 Week Range
Volume0
Avg. Volume884,477
Market Cap16.97B
Beta (3Y Monthly)0.59
PE Ratio (TTM)43.00
EPS (TTM)3.35
Earnings DateJul 29, 2019
Forward Dividend & Yield4.00 (2.78%)
Ex-Dividend Date2019-06-27
1y Target Est151.60
Trade prices are not sourced from all markets
  • Alexandria Real Estate Equities, Inc. Named NAIOP 2019 Developer of the Year
    PR Newswire21 hours ago

    Alexandria Real Estate Equities, Inc. Named NAIOP 2019 Developer of the Year

    HERNDON, Va., July 18, 2019 /PRNewswire/ -- NAIOP, the Commercial Real Estate Development Association, has selected Alexandria Real Estate Equities, Inc. (ARE) as the 2019 Developer of the Year – the association's highest honor. Alexandria is an urban office real estate investment trust (REIT) uniquely focused on cultivating collaborative life science, technology and agtech campuses in AAA innovation cluster locations, including Greater Boston, San Francisco, New York City, San Diego, Seattle, Maryland and Research Triangle. Today, Alexandria is the recognized leader in owning, operating and developing life science, technology and agtech campuses that enable the world's leading innovators to develop life-changing scientific and technological breakthroughs to improve human health.

  • PR Newswire21 hours ago

    Alexandria Real Estate Equities, Inc. Named 2019 NAIOP Developer of the Year

    PASADENA, Calif., July 18, 2019 /PRNewswire/ -- Alexandria Real Estate Equities, Inc. (ARE), an urban office REIT and the first and longest-tenured owner, operator and developer uniquely focused on collaborative life science, technology and agtech campuses in AAA innovation cluster locations, today announced that it has been selected by NAIOP, the Commercial Real Estate Development Association, as the 2019 Developer of the Year. The award, which is the association's highest honor, will be presented to Alexandria at a ceremony on Wednesday, October 16, 2019, at NAIOP's CRE.Converge conference in Los Angeles.

  • 3 REITs to Buy Amid Q2 Earnings Season
    Zacks2 days ago

    3 REITs to Buy Amid Q2 Earnings Season

    Time is always right to consider real estate investment trusts or REITs, as they provide solid income for investors.

  • PR Newswire2 days ago

    Alexandria Real Estate Equities, Inc. Announces Redemption of Its Outstanding 2.750% Senior Notes Due 2020 and 4.600% Senior Notes Due 2022

    PASADENA, Calif. , July 17, 2019 /PRNewswire/ -- Alexandria Real Estate Equities, Inc. (" Alexandria " or the "Company") (NYSE: ARE) today announced its intention to redeem all of its ...

  • PR Newswire2 days ago

    Alexandria Real Estate Equities, Inc. Announces Expiration of Tender Offer for Any and All of Its Outstanding 2.750% Senior Notes Due 2020 and 4.600% Senior Notes Due 2022

    PASADENA, Calif., July 17, 2019 /PRNewswire/ -- Alexandria Real Estate Equities, Inc. ("Alexandria" or the "Company") (ARE) announced today the expiration of the previously announced cash tender offer by the Company for any and all of its outstanding (i) 2.750% Senior Notes due 2020 (CUSIP No. 015271 AF6) (the "2020 Notes") and (ii) 4.600% Senior Notes due 2022 (CUSIP No. 015271 AC3) (the "2022 Notes" and, together with the 2020 Notes, the "Notes"), on the terms and subject to the conditions set forth in the Amended and Restated Offer to Purchase, dated July 10, 2019 (the "Offer to Purchase"), and the related Notice of Guaranteed Delivery attached to the Offer to Purchase (the "Notice of Guaranteed Delivery"). The tender offer is referred to herein as the "Offer." The Offer to Purchase and the Notice of Guaranteed Delivery are referred to herein collectively as the "Offer Documents." As of the expiration of the Offer at 5:00 p.m., New York City time, as of the date hereof (the "Expiration Time"), (i) $318,566,000, or 79.64%, of the $400,000,000 aggregate principal amount of the 2020 Notes and (ii) $384,740,000, or 69.95%, of the $550,000,000 aggregate principal amount of the 2022 Notes had been validly tendered and delivered (and not validly withdrawn), excluding Notes tendered pursuant to a Notice of Guaranteed Delivery, in the Offer at or prior to the Expiration Time.

  • What's in Store for Blackstone Mortgage's (BXMT) Q2 Earnings?
    Zacks2 days ago

    What's in Store for Blackstone Mortgage's (BXMT) Q2 Earnings?

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  • PR Newswire3 days ago

    Alexandria Real Estate Equities, Inc. Announces Pricing of Tender Offer for Any and All of Its Outstanding 2.750% Senior Notes Due 2020 and 4.600% Senior Notes Due 2022

    PASADENA, Calif., July 16, 2019 /PRNewswire/ -- Alexandria Real Estate Equities, Inc. ("Alexandria" or the "Company") (ARE) announced today that it has priced the previously announced cash tender offer for any and all of its outstanding (i) 2.750% Senior Notes due 2020 (CUSIP No. 015271 AF6) (the "2020 Notes") and (ii) 4.600% Senior Notes due 2022 (CUSIP No. 015271 AC3) (the "2022 Notes" and, together with the 2020 Notes, the "Notes"), on the terms and subject to the conditions set forth in the Amended and Restated Offer to Purchase, dated July 10, 2019 (the "Offer to Purchase"), and the related Notice of Guaranteed Delivery attached to the Offer to Purchase (the "Notice of Guaranteed Delivery"). Certain information regarding the Notes and the pricing for the Offer is set forth in the table below.

  • Doctor Who Sold $12 Billion Drug Firm Eyes Biotech Property
    Bloomberg3 days ago

    Doctor Who Sold $12 Billion Drug Firm Eyes Biotech Property

    (Bloomberg) -- A deal-making cancer doctor who sold his pharmaceutical company for almost $12 billion is launching a real estate venture to bolster the growth of the biotechnology industry.Arie Belldegrun’s family office, Bellco Capital, has entered into a joint venture with New York-based real estate developer Tishman Speyer to start Breakthrough Properties, the companies said Tuesday in a statement. The venture said it bought its first property, a 1-acre (0.4 hectare) development site in Boston’s Seaport District, for $80 million, and is exploring other acquisitions in the area as well as in San Francisco.“This came out of necessity,” Belldegrun said in a telephone interview. “I realized that there’s a significant need for an ecosystem in life sciences where scientists can work and interact.”Belldegrun, 69, is a UCLA-based cancer researcher and surgeon who’s emerged as a serial entrepreneur and venture capitalist. He sold Kite Pharma, which develops genetically engineered cancer treatments, in 2017 to Gilead Sciences Inc. for $11.9 billion and since then has helped launch Vida Ventures to start more pharma companies.Boston SiteBreakthrough Properties will provide various business development services to help tenants grow, Belldegrun said. Vida Ventures, his venture capital arm, may also take stakes in the biotech firms. The Seaport District site comes with 250,000 square feet (23,200 square meters) of development rights and is expected to be finished by 2021, according to the statement.Breakthrough’s chief executive officer is Belldegrun’s son Dan, who worked for Tishman Speyer for several years. Belldegrun’s wife, Rebecka, who is also a doctor, manages Bellco Capital, the family office formed in 2003.The venture -- a foray into life-sciences development for Tishman Speyer -- will face competition from companies such as Alexandria Real Estate Equities Inc., which built its business around catering to biotech tenants. About a quarter of Alexandria’s 250 properties are in the Boston area, while the remainder are spread across U.S. cities including San Francisco, New York and San Diego.Breakthrough has its sights set on some of those cities and ultimately has plans to expand globally, according to Tishman Speyer CEO Rob Speyer.“The last thing a life-sciences company should be worrying about is real estate, and we can take that concern off the table for them,” Speyer said in an interview. “We’re going to focus on strategic cities that have biotech companies, leading universities and quality housing options.”Tishman Speyer, whose properties include New York’s Rockefeller Center, last year sold a 13-story building in Boston’s burgeoning Seaport District for $450 million, setting a record for an office transaction in the city.(Adds potential for competition with Alexandria in seventh paragraph.)To contact the reporters on this story: Michael McDonald in Boston at mmcdonald10@bloomberg.net;Lily Katz in New York at lkatz31@bloomberg.netTo contact the editors responsible for this story: Alan Mirabella at amirabella@bloomberg.net, Josh Friedman, Christine MaurusFor more articles like this, please visit us at bloomberg.com©2019 Bloomberg L.P.

  • Can Bleak Q2 Earnings Outlook Derail Stock Market Rally?
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  • Tishman Speyer launches life sciences division, starts with South Boston project
    American City Business Journals3 days ago

    Tishman Speyer launches life sciences division, starts with South Boston project

    At a time when vacancy for lab and life sciences properties in Greater Boston is near zero, real-estate development firm Tishman Speyer has partnered with private equity firm Bellco Capital LLC to launch a life sciences real estate division whose first project will be in South Boston. Name Breakthrough Properties, it plans a global expansion.

  • Alexandria mum on plan for newly acquired Pioneer Square property
    American City Business Journals3 days ago

    Alexandria mum on plan for newly acquired Pioneer Square property

    The new owner of an old building in Seattle's Pioneer Square isn't saying what he'll do with the property at a prominent corner in the historic district. Public records show that Alexandria Real Estate Equities (NYSE: ARE) on Friday paid $12.3 million for the property at South Washington Street and Second Avenue South. The building, which houses Impact Hub Seattle coworking company, previously housed Masins Furniture.

  • SL Green (SLG) Gears Up for Q2 Earnings: A Beat in Store?
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    SL Green (SLG) Gears Up for Q2 Earnings: A Beat in Store?

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  • Tishman Speyer makes another big Southie buy
    American City Business Journals8 days ago

    Tishman Speyer makes another big Southie buy

    If Tishman pursues development on the site, it would add to a hub of activity along the Fort Point Channel near the MBTA Broadway Red Line station.

  • PR Newswire9 days ago

    Alexandria Real Estate Equities, Inc. Announces Amendment and Extension of Tender Offer for Any and All of Its Outstanding 2.750% Senior Notes Due 2020 and 4.600% Senior Notes Due 2022

    In addition, in order to provide holders of the Notes with sufficient additional time to evaluate the Offer Amendment, the Company is extending the expiration time and date of the Offer from 5:00 p.m., New York City time, on July 12, 2019, to 5:00 p.m., New York City time, on July 16, 2019 (such time and date, as it may be extended, the "Expiration Time"), unless the Offer is further extended. The Offer is being conducted on the terms and subject to the conditions set forth in the Amended and Restated Offer to Purchase, dated the date hereof (the "Amended and Restated Offer to Purchase") and the related Notice of Guaranteed Delivery attached to the Amended and Restated Offer to Purchase (the "Notice of Guaranteed Delivery"), each as may be further amended.

  • How Does Alexandria Real Estate Equities, Inc. (NYSE:ARE) Fare As A Dividend Stock?
    Simply Wall St.9 days ago

    How Does Alexandria Real Estate Equities, Inc. (NYSE:ARE) Fare As A Dividend Stock?

    Dividend paying stocks like Alexandria Real Estate Equities, Inc. (NYSE:ARE) tend to be popular with investors, and...

  • PR Newswire11 days ago

    Alexandria Real Estate Equities, Inc. Announces Pricing of Public Offering of $750,000,000 of Senior Notes due 2031 $500,000,000 of Senior Notes due 2050

    PASADENA, Calif. , July 8, 2019 /PRNewswire/ -- Alexandria Real Estate Equities, Inc. (" Alexandria " or the "Company") (NYSE: ARE) today announced that it has priced a public offering ...

  • Why Alexandria Real Estate Equities (ARE) is a Great Dividend Stock Right Now
    Zacks11 days ago

    Why Alexandria Real Estate Equities (ARE) is a Great Dividend Stock Right Now

    Dividends are one of the best benefits to being a shareholder, but finding a great dividend stock is no easy task. Does Alexandria Real Estate Equities (ARE) have what it takes? Let's find out.

  • PR Newswire11 days ago

    Alexandria Real Estate Equities, Inc. Announces Tender Offer for Any and All of Its Outstanding 2.750% Senior Notes Due 2020 and 4.600% Senior Notes Due 2022

    PASADENA, Calif., July 8, 2019 /PRNewswire/ -- Alexandria Real Estate Equities, Inc. ("Alexandria" or the "Company") (ARE) announced today that it has commenced a cash tender offer for any and all of its outstanding (i) 2.750% Senior Notes due 2020 (CUSIP No. 015271 AF6) (the "2020 Notes") and (ii) 4.600% Senior Notes due 2022 (CUSIP No. 015271 AC3) (the "2022 Notes, and together with the 2020 Notes, the "Notes"), on the terms and subject to the conditions set forth in the Offer to Purchase, dated the date hereof (the "Offer to Purchase") and the related Notice of Guaranteed Delivery attached to the Offer to Purchase (the "Notice of Guaranteed Delivery"). The Notes are fully and unconditionally guaranteed by Alexandria Real Estate Equities, L.P. As of July 5, 2019, there were $400,000,000 aggregate principal amount of the 2020 Notes outstanding and $550,000,000 aggregate principal amount of the 2022 Notes outstanding.

  • PR Newswire11 days ago

    Alexandria Real Estate Equities, Inc. Announces Public Offering of Senior Notes

    PASADENA, Calif. , July 8, 2019 /PRNewswire/ -- Alexandria Real Estate Equities, Inc. (" Alexandria " or the "Company") (NYSE: ARE) today announced that it is commencing an underwritten ...

  • Here’s What Hedge Funds Think About Alexandria Real Estate Equities Inc (ARE)
    Insider Monkey14 days ago

    Here’s What Hedge Funds Think About Alexandria Real Estate Equities Inc (ARE)

    The elite funds run by legendary investors such as David Tepper and Dan Loeb make hundreds of millions of dollars for themselves and their investors by spending enormous resources doing research on small cap stocks that big investment banks don't follow. Because of their pay structures, they have strong incentives to do the research necessary […]

  • Two newcomers dive into Central SoMa with hundreds of units
    American City Business Journals21 days ago

    Two newcomers dive into Central SoMa with hundreds of units

    Despite the lawsuits ongoing in the Central SoMa neighborhood, new developers are still flocking to the upzoned neighborhood.

  • PR Newswire22 days ago

    Alexandria Real Estate Equities, Inc. Releases 2018 Corporate Responsibility Report Highlighting Its Leadership Across ESG

    PASADENA, Calif., June 27, 2019 /PRNewswire/ -- Alexandria Real Estate Equities, Inc. (ARE), an urban office REIT uniquely focused on collaborative life science and technology campuses in AAA innovation cluster locations, today announced that it has released its 2018 Corporate Responsibility Report. The report highlights Alexandria's continued execution of its environmental, social and governance (ESG) initiatives, programs and policies. The report also includes an overview of the company's proactive approach to addressing impacts of climate change as well as progress toward its 2025 sustainability goals.

  • PR Newswire24 days ago

    Alexandria Real Estate Equities, Inc. Announces Closing Of Public Offering Of 4,427,500 Shares Of Common Stock, Including Exercise In Full Of Underwriters' Option To Purchase Additional Shares

    PASADENA, Calif., June 25, 2019 /PRNewswire/ -- Alexandria Real Estate Equities, Inc. ("Alexandria" or the "Company") (ARE) announced today the closing of its previously announced underwritten public offering of 4,427,500 shares of the Company's common stock at a public offering price of $145.00 per share, including the 577,500 shares sold pursuant to the exercise in full of the underwriters' option to purchase additional shares of the Company's common stock. In connection with the offering, the Company entered into forward sale agreements, between the Company and each of Bank of America, N.A., Citibank, N.A., and JPMorgan Chase Bank, N.A., London Branch (together, the "forward purchasers").