Professional
Added to YB: 2026-09-23
Pitch date: 2026-06-30
ARE [bullish]
Alexandria Real Estate Equities, Inc.
-1.78%
current return
Author Info
No bio for this author
Company Info
Alexandria Real Estate Equities, Inc., an S&P 500 company, is a best-in-class, mission-driven life science REIT making a positive and lasting impact on the world.
Market Cap
$9.3B
Pitch Price
$52.80
Price Target
N/A
Dividend
5.40%
EV/EBITDA
14.10
P/E
-8.82
EV/Sales
9.02
Sector
Health Care REITs
Category
value
Baron Real Estate Income Fund New Portfolio Holding: Alexandria Real Estate Equities, Inc.
ARE: Alexandria’s roughly 75% share-price decline creates an opportunity to own an irreplaceable life-science real estate portfolio with a strong balance sheet and founder-led management. Fundamentals appear to be bottoming as tenant demand improves and supply pressures ease. Disposition activity signals improving market conditions and supplies liquidity, while transaction multiples may exceed those implied by the shares. At $50, the shares imply a 7.9% cap rate and under $650 per square foot versus 5%-6% private-market cap rates and replacement cost well above $1,000.
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