Alexandria Real Estate Equities Inc (N:ARE)

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
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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

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