Alexandria Real Estate Equities

Alexandria reported a Q2 2026 net loss per share of $0.43, improved from $0.64 a year earlier, while adjusted FFO per share fell to $1.73 from $2.33. Leasing activity increased and liquidity and debt maturities look solid, but operating occupancy and same-property NOI declined sharply year over year. Net leverage remains elevated at about 7.0x adjusted EBITDA and the company’s path to its 5.6x–6.2x target depends on $2.9 billion of planned dispositions. Alexandria maintained its $0.72 quarterly dividend as it evaluates several development projects and impairment impacts. » Mere på finance.yahoo.com

Alexandria Real Estate has placed a public issuance of subordinated Series A notes totaling $1 billion due 2057 with a coupon of 7.250%. The notes feature a fixed-to-fixed reset mechanism: the 7.250% coupon applies until 15 February 2032, after which the rate will be reset every five years based on the five-year US Treasury yield plus 2.889%, with a floor of 7.250%. The notes are unsecured and subordinated and are fully guaranteed by an indirect subsidiary; closing is expected on 21 August 2026. Net proceeds are to be used for general corporate purposes, including strengthening working capital, repaying commercial paper and other indebtedness, and selective development or acquisition of real estate. » Mere på de.investing.com

Alexandria Real Estate Equities reported Q2 revenue of $662.78 million (slightly above expectations) and adjusted EPS of -$0.43, well below the consensus forecast of $0.14. Occupancy fell to 86.9% and same-property NOI declined sharply, while leasing activity increased 60% versus the prior quarter. Management reaffirmed 2026 FFO guidance at a midpoint of $6.40 and narrowed the range; the stock fell sharply in after-hours trading. Risks remain from weak publicly traded biotech tenants, leases expiring in 2027 and high construction costs. » Mere på de.investing.com