Why Should You Add Alexandria (ARE) Stock To Your Portfolio?
Zacks Investment Research | Apr 02, 2018 09:47PM ET
Office real estate investment trust (REIT) Alexandria Real Estate Equities, Inc. (NYSE:ARE) has a particular focus on collaborative life-science and technology campuses. The company, which is based in Pasadena, CA, specifically emphasizes on Class A properties concentrated in urban campuses.
These locations are characterized by high barriers to entry and exit, and a limited supply of available space. This highly dynamic setting adds to the productivity and efficiency of the tenants, in turn, ensuring steady rental revenues for the company. In fact, as of Dec 31, 2017, 55% of the annual rental revenues were derived from investment-grade tenants, whereas 80% of the annual rental revenues came from Class A properties in AAA locations.
This Zacks Rank #2 (Buy) company has gained 1.5% in the past six months against 7.6% decline of its Zacks Investment Research
Get The News You Want
Trading in financial instruments and/or cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all investors. Prices of cryptocurrencies are extremely volatile and may be affected by external factors such as financial, regulatory or political events. Trading on margin increases the financial risks.
Before deciding to trade in financial instrument or cryptocurrencies you should be fully informed of the risks and costs associated with trading the financial markets, carefully consider your investment objectives, level of experience, and risk appetite, and seek professional advice where needed.
Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. The data and prices on the website are not necessarily provided by any market or exchange, but may be provided by market makers, and so prices may not be accurate and may differ from the actual price at any given market, meaning prices are indicative and not appropriate for trading purposes. Fusion Media and any provider of the data contained in this website will not accept liability for any loss or damage as a result of your trading, or your reliance on the information contained within this website.
It is prohibited to use, store, reproduce, display, modify, transmit or distribute the data contained in this website without the explicit prior written permission of Fusion Media and/or the data provider. All intellectual property rights are reserved by the providers and/or the exchange providing the data contained in this website.
Fusion Media may be compensated by the advertisers that appear on the website, based on your interaction with the advertisements or advertisers.