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Alexandria Real Estate Equities, Inc.46.97
-0.44-0.93%
Dec 16, 4:00:02 PM EST
Earnings Call Transcripts
This Quarter (Q1 '26)
No earnings call transcript available yet
Last Quarter (Q4 '25)
FY Q4 '25
Cautious leasing; disposition color.
Q&A reinforces Investor Day's cautious outlook, detailing why leasing stays tepid: VC funds are low despite sustained startup cash, public biotech nearly absent, and decisions drag. Management highlighted Q4 vacant-space backfill doubling five-quarter average via diverse new tenants, but free rent spiked to win deals while rates held. Disposition cap rates ranged mid-6s to 9s, favoring residential land buyers; core JVs could hit 5-handle. Buybacks wait behind debt reduction. Recovery eyes 2-3 years in core markets. Public biotech demand kickstarts thesis.
Key Stats
Market Cap
8.12BP/E (TTM)
-Basic EPS (TTM)
-2.47Dividend Yield
0.11%Recent Filings
8-K
8-K
10-Q
8-K
8-K
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