亚历山大房地产(ARE)
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Alexandria Real Estate Equities, Inc. Announces Pricing of Public Offering of $400,000,000 of Senior Notes due 2036 $600,000,000 of Senior Notes due 2054
Prnewswire· 2024-02-02 07:42
PASADENA, Calif., Feb. 1, 2024 /PRNewswire/ -- Alexandria Real Estate Equities, Inc. ("Alexandria" or the "Company") (NYSE: ARE) today announced that it has priced a public offering of $400,000,000 aggregate principal amount of 5.250% senior notes due 2036 and $600,000,000 aggregate principal amount of 5.625% senior notes due 2054 (collectively, the "notes"). Goldman Sachs & Co. LLC, BofA Securities, Inc., Citigroup Global Markets Inc., J.P. Morgan Securities LLC, RBC Capital Markets, LLC, Barclays Capital ...
Alexandria Real Estate Equities (ARE) is a Top Dividend Stock Right Now: Should You Buy?
Zacks Investment Research· 2024-02-02 01:46
Whether it's through stocks, bonds, ETFs, or other types of securities, all investors love seeing their portfolios score big returns. But when you're an income investor, your primary focus is generating consistent cash flow from each of your liquid investments.While cash flow can come from bond interest or interest from other types of investments, income investors hone in on dividends. A dividend is the distribution of a company's earnings paid out to shareholders; it's often viewed by its dividend yield, a ...
Alexandria Real Estate Equities, Inc. Announces Public Offering of Senior Notes
Prnewswire· 2024-02-01 21:50
公司发行优先票据计划 - 公司宣布启动一项公开发行两个系列的优先票据的计划[1] - 预计此次发行的净收益将用于一般营运资金和其他一般公司用途[2] - 优先票据是根据之前提交给证券交易委员会的S-3表格进行发行的[3] 公司信息 - 公司是一家S&P 500®公司,致力于在全球产生积极和持久的影响[5] 公司前瞻性声明 - 公司的前瞻性声明包括对票据发行和收益用途的描述[6] 联系人信息 - 联系人为Sara Kabakoff,公司的高级副总裁兼首席内容官[7]
Alexandria Real Estate(ARE) - 2023 Q4 - Earnings Call Transcript
2024-01-31 06:22
财务数据和关键指标变化 - 2023年总收入和NOI同比增长11.5%和12.2% [63] - 2023年FFO每股(调整后)增长6.5% [63] - 2023年同店NOI增长3.4%,现金同店NOI增长4.6% [67] - 2024年同店NOI预计增长1.5%,现金同店NOI预计增长4% [70] 各条业务线数据和关键指标变化 - 大型制药公司占公司年租金收入19% [48] - 上市生物科技公司占公司年租金收入17% [52] - 非上市生物科技公司占公司年租金收入10% [56] - 生命科技产品、服务和设备公司占公司年租金收入21% [58] - 机构类租户占公司年租金收入11% [59] 各个市场数据和关键指标变化 - 大波士顿地区2024年新增供应占存量7%,2025年新增供应占存量2.5% [31] - 旧金山湾区2024年新增供应占存量10.7%,2025年新增供应占存量2.2% [32] - 圣地亚哥2024年新增供应占存量6.8%,2025年新增供应占存量2.7% [33] - 大波士顿直租空置率7.05%,旧金山湾区12.36%,圣地亚哥7.97% [34] 公司战略和发展方向及行业竞争 - 公司专注于非核心非园区资产的出售,以回收资金投入核心园区项目 [110] - 公司认为建筑成本上涨是长期趋势,未来租户对装修成本的容忍度将保持在较高水平 [186][187] - 行业正处于"健康的怀疑"阶段,创新加速、资本充沛以及巨大的未满足医疗需求将推动行业向前发展 [60] 管理层对经营环境和未来前景的评论 - 2023年公司经营业绩表现出色,体现了公司的抗风险能力 [9] - 公司预计2024年行业将受益于并购活动增加、利率下降、创新加速以及重要临床数据公布等利好因素 [12] - 公司认为2024年将是新增供应的高峰年,之后将逐步下降 [30][31][32][33] 问答环节重要的提问和回答 问题1 **Josh Dennerlein 提问** 询问公司2024年预期的租赁空间增长中,已签约但未入驻的部分占比 [96][97] **Marc Binda 回答** 公司已签约但未入驻的租赁面积约30万平方英尺,占公司2024年预期租赁增量的一定比例 [98][99] 问题2 **Anthony Paolone 提问** 询问公司2024年处置计划中,是否更倾向于出售非核心资产还是核心资产的部分权益 [108][109] **Joel Marcus 回答** 公司目前更倾向于出售非核心非园区资产 [110] 问题3 **Vikram Malhotra 提问** 询问公司未来12-18个月内到期租约的续租和新租情况 [114][115][116] **Joel Marcus 回答** 每个租约和市场情况都不尽相同,公司不方便透露具体的租赁管线信息 [116][117]
Alexandria's (ARE) Q4 AFFO Misses Estimates, '24 View Issued
Zacks Investment Research· 2024-01-31 00:01
Shares of Alexandria Real Estate Equities, Inc. (ARE) witnessed a marginal decline in the after-hours trading session on Jan 29 after it reported fourth-quarter 2023 adjusted funds from operations (AFFO) per share of $2.28, missing the Zacks Consensus Estimate by a penny. However, the reported figure climbed 6.5% from the year-ago quarter.Results reflect lower-than-anticipated AFFO per share. However, a rise in revenues, aided by decent leasing activity and rental rate growth, supports the results to some e ...
Alexandria Real Estate Equities (ARE) Q4 Earnings: Taking a Look at Key Metrics Versus Estimates
Zacks Investment Research· 2024-01-30 08:01
For the quarter ended December 2023, Alexandria Real Estate Equities (ARE) reported revenue of $757.22 million, up 13% over the same period last year. EPS came in at $2.28, compared to $0.31 in the year-ago quarter.The reported revenue compares to the Zacks Consensus Estimate of $739.31 million, representing a surprise of +2.42%. The company delivered an EPS surprise of -0.44%, with the consensus EPS estimate being $2.29.While investors scrutinize revenue and earnings changes year-over-year and how they com ...
Alexandria Real Estate(ARE) - 2023 Q4 - Annual Report
2024-01-30 05:07
公司财务状况 - 公司可能会失去地产的所有权权利,对财务状况、经营业绩和现金流产生重大不利影响[48] - 公司可能无法成功和盈利地经营地产,可能会面临租金低于预期、无法获得融资、无法及时完成改善等风险[49] - 公司可能无法在房地产合资企业中获得预期的投资回报,合资伙伴之间的分歧可能导致错失机会和资源配置不当[51] - 公司的运营成本可能会增加,包括保险、物业税、公用事业、行政成本等,可能会影响盈利能力[52] - 公司的大部分成本都受通货膨胀影响,通货膨胀率超过租金上涨率时可能会对公司造成影响[53] 市场风险 - 美联储加息可能会增加公司的融资成本,对公司的借款成本和股价产生不利影响[55] - 通货膨胀可能会增加公司的发展和重新开发项目的建设成本,包括建筑材料、劳动力和第三方承包商和供应商的服务成本[55] - 在利率上升期间,房地产估值通常会下降,这可能会对公司的房地产资产组合估值和未来房地产处置的成本和收益产生不利影响[56] 租户和风险投资组合 - 公司的主要租户和风险投资集中在生命科学、农业科技和技术行业[105] - 公司的经营结果取决于租户的研发工作和他们获取资金的能力[106] - 租户和风险投资组合公司在技术、专利到期和知识产权保护方面面临风险[107] 环境和社会风险 - 公司可能会面临环境法律的重大成本和资产负债[182] - 公司可能无法实现可持续发展目标[186] 其他风险 - 公司可能需要以低于面值的价格赎回部分短期投资[199] - 公司可能无法有效对冲利率变动的风险[200]
$6 Trillion In Dry Powder Waits To Fuel The Rally In REITs
Seeking Alpha· 2024-01-27 23:30
DNY59 Co-produced by Austin Rogers There is a mountain of cash sitting on the sidelines. Yes, even after the stock market's recent rally back near all-time highs. Trillions of dollars is sitting in money market accounts, earning 5%+ yields. Earning over 5% on virtually risk-free cash is an irresistible proposition for many investors and savers. That's why nearly $6 trillion is currently housed in money market funds ("MMFs"). The Daily Spark Notice that this level of cash in MMFs is 50% higher than the ...
Alexandria Real Estate Equities, Inc. Announces Tax Treatment of Year 2023 Distributions
Prnewswire· 2024-01-26 21:30
PASADENA, Calif., Jan. 26, 2024 /PRNewswire/ -- Alexandria Real Estate Equities, Inc. (NYSE: ARE) today announced the tax treatment of its year 2023 distributions as described in the chart below. Stockholders are encouraged to consult with their own tax advisors as to their specific tax treatment of Alexandria Real Estate Equities, Inc. distributions. Common StockCUSIP # 015271109Ticker Symbol: ARE   Section897(4) OrdinaryDividends(Box 2e) Section897(4) CapitalGains onRealEstate(Box 2f) Ret ...
Seeking Clues to Alexandria Real Estate Equities (ARE) Q4 Earnings? A Peek Into Wall Street Projections for Key Metrics
Zacks Investment Research· 2024-01-24 23:21
The upcoming report from Alexandria Real Estate Equities (ARE) is expected to reveal quarterly earnings of $2.29 per share, indicating an increase of 7% compared to the year-ago period. Analysts forecast revenues of $738.89 million, representing an increase of 10.2% year over year.Over the last 30 days, there has been no revision in the consensus EPS estimate for the quarter. This signifies the covering analysts' collective reconsideration of their initial forecasts over the course of this timeframe.Before ...