Alexandria Real Estate Equities, Inc. — Third Quarter 2026 Earnings Summary

Alexandria Real Estate Equities, Inc. reported a net loss of $638.5 million for the third quarter of 2026, primarily driven by $637.9 million in real estate impairment charges related to assets held for sale. The company maintained a strong balance sheet with $4.6 billion in liquidity and a weighted-average remaining debt term of 11.6 years, the longest among S&P 500 REITs. Third-quarter leasing volume exceeded 1.2 million rentable square feet, with 450,961 RSF leased from previously vacant space, while occupancy of operating properties stood at 87.1%. To support deleveraging objectives, the company completed the sale of a partial interest in the Campus Point by Alexandria joint venture for $475 million and executed dispositions of non-core assets totaling over $716 million year-to-date.