Alexandria Real Estate Equities Inc

NYSE ARE

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Alexandria Real Estate Equities Inc Total Assets 1 year YoY Change (%) for the Trailing 12 Months (TTM) ending March 31, 2024: 2.13%

Alexandria Real Estate Equities Inc Total Assets 1 year YoY Change (%) is 2.13% for the Trailing 12 Months (TTM) ending March 31, 2024, a -82.80% change year over year. Total Assets is the total value of all assets owned by a company, representing its resources. The measure "Change (%)" refers to the percentage change in the value of a financial metric between two time points. This measure provides a relative perspective on the magnitude of change.
  • Alexandria Real Estate Equities Inc Total Assets for the Trailing 12 Months (TTM) ending March 31, 2023 was USD 36.91 B, a 12.39% change year over year.
  • Alexandria Real Estate Equities Inc Total Assets for the Trailing 12 Months (TTM) ending March 31, 2022 was USD 32.84 B, a 30.16% change year over year.
  • Alexandria Real Estate Equities Inc Total Assets for the Trailing 12 Months (TTM) ending March 31, 2021 was USD 25.23 B, a 28.08% change year over year.
  • Alexandria Real Estate Equities Inc Total Assets for the Trailing 12 Months (TTM) ending March 31, 2020 was USD 19.70 B, a 27.27% change year over year.
NYSE: ARE

Alexandria Real Estate Equities Inc

CEO Mr. Joel S. Marcus CPA, J.D.
IPO Date May 27, 1997
Location United States
Headquarters 26 North Euclid Avenue, Pasadena, CA, United States, 91101
Employees 568
Sector Real Estate
Industry Reit - office
Description

Alexandria Real Estate Equities, Inc. (NYSE: ARE), an S&P 500 company, is a best-in-class, mission-driven life science REIT making a positive and lasting impact on the world. As the pioneer of the life science real estate niche since our founding in 1994, Alexandria is the preeminent and longest-tenured owner, operator, and developer of collaborative life science, agtech, and advanced technology mega campuses in AAA innovation cluster locations, including Greater Boston, the San Francisco Bay Area, New York City, San Diego, Seattle, Maryland, and Research Triangle. Alexandria has a total market capitalization of $33.1 billion and an asset base in North America of 73.5 million SF as of December 31, 2023, which includes 42.0 million RSF of operating properties, 5.5 million RSF of Class A/A+ properties undergoing construction and one near-term project expected to commence construction in the next two years, 2.1 million RSF of priority anticipated development and redevelopment projects, and 23.9 million SF of future development projects. Alexandria has a longstanding and proven track record of developing Class A/A+ properties clustered in life science, agtech, and advanced technology mega campuses that provide our innovative tenants with highly dynamic and collaborative environments that enhance their ability to successfully recruit and retain world-class talent and inspire productivity, efficiency, creativity, and success. Alexandria also provides strategic capital to transformative life science, agrifoodtech, climate innovation, and technology companies through our venture capital platform. We believe our unique business model and diligent underwriting ensure a high-quality and diverse tenant base that results in higher occupancy levels, longer lease terms, higher rental income, higher returns, and greater long-term asset value.

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StockViz Staff

September 19, 2024

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