Alexandria Real Estate Equities Reaffirms 2026 FFO Guidance and Outlines Year-End Leverage Targets
Alexandria Real Estate Equities (ARE) reported a strong third quarter, highlighted by the leasing of over 1.2 million square feet of space. Management expressed confidence in maintaining this momentum, projecting approximately 1.25 million square feet of leasing for the fourth quarter. The company reaffirmed its 2026 Funds From Operations (FFO) midpoint of $6.40 per share. Additionally, Alexandria outlined specific leverage goals for the end of the year, targeting a range between 5.6x and 6.2x.
Tickers: $ARE
Topics: future guidance leasing volume quarterly results
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