Sector: N/A | Industry: N/A |
See Regulatory Filings on SEC |
Company Contact | |
Address: | 26 North Euclid Avenue PASADENA CA 91101 |
Tel: | N/A |
Website: | https://www.are.com |
IR: | See website |
Key People | ||
Joel S. Marcus Founder, Executive Chairman of the Board | Orraparn C. Lee Executive Vice President - Accounting | Marc E. Binda Chief Financial Officer, Treasurer |
Hunter L. Kass Co-President and Regional Market Director,Greater Boston | Peter M. Moglia Co-President and Regional Market Director, San Diego | Daniel J. Ryan Co-President and Regional Market Director, San Diego |
Joseph Hakman Co-Chief Operating Officer, Chief Strategic Transactions Officer | John H. Cunningham Executive Vice President - Regional Market Director, New York City | Gary D. Dean Executive Vice President - Real Estate Legal Affairs | Kristina A. Fukuzaki-Carlson Executive Vice President - Business Operations |
Business Overview |
Alexandria Real Estate Equities, Inc. is a life science real estate investment trust. The Company is an owner, operator and developer of collaborative life science, agricultural technology (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. The Company, through its venture capital platform, provides strategic capital to life science, agrifoodtech, climate innovation, and technology companies. Its tenants include multinational pharmaceutical companies; public and private biotechnology companies; life science product, service and medical device companies; digital health, technology, and agtech companies; academic and medical research institutions; United States government research agencies; non-profit organizations, and venture capital firms. It has a Labspace asset base predominantly concentrated in markets with barriers to entry. |
Financial Overview |
For the fiscal year ended 31 December 2023, Alexandria Real Estate Equities Inc revenues increased 11% to $2.97B. Net income applicable to common stockholders decreased 82% to $92.4M. Revenues reflect NAREIT FFO - Per Share - Diluted - Total increase of 32% to $7.19, Income from rentals increase of 10% to $2.84B, Other Income increase from $12.9M to $43.2M. |
Employees: | 568 as of Dec 31, 2023 |
Reporting Currency: | U.S. Dollars |
Enterprise value: | $31,165M as of Dec 31, 2023 |
Annual revenue (TTM): | $2,966M as of Dec 31, 2023 |
EBITDA (TTM): | $1,908M as of Dec 31, 2023 |
Net annual income (TTM): | $92.44M as of Dec 31, 2023 |
Free cash flow (TTM): | -$2,901M as of Dec 31, 2023 |
Net Debt Last Fiscal Year: | $10,697M as of Dec 31, 2023 |
Shares outstanding: | 174,953,282 as of Mar 28, 2024 |
Index Membership: | S&P 500 |
TTM: Trailing Twelve Months EBITDA: Earnings Before Interest, Taxes, Depreciation, & Amortization |