What smart money is saying about Alexandria Real Estate Equities, Inc.
3 funds in our archive have pitched Alexandria Real Estate Equities, Inc., most recently Baron Real Estate Income Fund in June 2026.
Alexandria Real Estate Equities, Inc. (NYSE:ARE), an S&P 500® real estate investment trust, stands as the pioneering and most seasoned entity in the specialized domain of urban office properties. Since its inception in 1994, Alexandria has uniquely focused on the ownership, operation, and development of integrated campuses tailored for the life science, technology, and agtech sectors, strategically positioned within premier innovation ecosystems. By December 31, 2020, the company commanded a market capitalization of $31.9 billion and managed an extensive North American asset portfolio totaling 49.7 million square feet. This substantial base encompasses 31.9 million RSF of operational properties, 3.3 million RSF of premium Class A spaces currently under construction, 7.1 million RSF designated for near-to-mid-term development and refurbishment, and an additional 7.4 million SF earmarked for future projects. Alexandria has cultivated a significant footprint across vital innovation hubs such as Greater Boston, San Francisco, New York City, San Diego, Seattle, Maryland, and Research Triangle. Its established expertise lies in crafting superior Class A facilities within these urban campuses, fostering dynamic and collaborative environments. These spaces are instrumental in empowering innovative tenants to successfully attract and retain world-class professionals, thereby stimulating productivity, efficiency, creativity, and overall achievement. Furthermore, Alexandria extends its support to transformative life science, technology, and agtech companies through its dedicated venture capital platform. This distinct business model, coupled with rigorous underwriting practices, ensures a diverse and high-caliber tenant roster, ultimately driving elevated occupancy rates, extended lease durations, robust rental revenues, superior financial returns, and enhanced long-term asset appreciation.
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Fund signal · last 12 months
5 lettersToo few moves on Alexandria Real Estate Equities, Inc. yet for a clear signal
Moves described in fund letters in our archive. A sentence published word for word by several funds of one house in the same quarter counts once.
Position history
Between Q4 2025 and Q3 2026, 5 fund letters reported a position in Alexandria Real Estate Equities, Inc., with 1 buy (opened or added) and 2 sells (trimmed or exited).
| Quarter | Letters | Bought | Sold | Theses |
|---|---|---|---|---|
| Q3 2026 | 1 | 0 | 1 | 0 |
| Q2 2026 | 3 | 1 | 0 | 1 |
| Q4 2025 | 1 | 0 | 1 | 2 |
Bought and Sold count moves: the same sentence published by several funds of one house in a quarter counts once.
Fund activity · 5 positions · 4 moves
- September 2026
“Top net sales for the quarter Quarter End Market Cap or Market Cap When Sold ($B) Net Amount Sold ($M) Alexandria Real Estate Equities, Inc. 8.6 11.2 Weyerhaeuser Company 17.3 7.2 Blackstone Digital Infrastructure Trust Inc. 1.7 5.5 Fortune Brands Innovations, Inc. 5.9 5.3 CRH public limited company 66.7 4.9 In the most recent quarter, we exited the Fund's investments in Alexandria Real Estate Equities, Inc., a life science REIT focused on collaborative office and laboratory campuses for biotechnology and pharmaceutical tenants, and Weyerhaeuser Company, a timber REIT and one of the largest private owners of timberlands in North America.”
Alexandria Real Estate Equities, Inc. - June 2026
Listed in Brown Advisory Global Value Select Strategy’s reported holdings.
Alexandria Real Estate Equities, Inc. - June 2026
“Health Care REITs (16.7%) We remain constructive on the multi-year outlook for senior housing and continue to favor Welltower Inc. and Janus Living, Inc. We believe the sector is well positioned to benefit from both cyclical recovery and durable secular tailwinds . Operating fundamentals are improving, with rent growth and rising occupancy, while new supply remains constrained due to elevated construction costs and restrictive financing conditions. Longer term, demand should be supported by favorable demographic trends, including the aging of the baby boomer cohort and accelerating growth in the population aged 80 and over. Expense pressures, particularly labor-related, have largely moderated. We also see the potential for attractive, accretive acquisition opportunities , especially for Welltower given its cost of capital advantage. In the second quarter, we acquired shares in Alexandria Real Estate Equities, Inc. , a REIT that owns a portfolio of life science office properties concentrated in Boston, San Diego, San Francisco, Seattle, New York, and North Carolina.”
Alexandria Real Estate Equities, Inc. - New positionBaron Real Estate Income StrategyJune 2026
“Health Care REITs (16.7%) We remain constructive on the multi-year outlook for senior housing and continue to favor Welltower Inc. and Janus Living, Inc. We believe the sector is well positioned to benefit from both cyclical recovery and durable secular tailwinds . Operating fundamentals are improving, with rent growth and rising occupancy, while new supply remains constrained due to elevated construction costs and restrictive financing conditions. Longer term, demand should be supported by favorable demographic trends, including the aging of the baby boomer cohort and accelerating growth in the population aged 80 and over. Expense pressures, particularly labor-related, have largely moderated. We also see the potential for attractive, accretive acquisition opportunities , especially for Welltower given its cost of capital advantage. In the second quarter, we acquired shares in Alexandria Real Estate Equities, Inc. , a REIT that owns a portfolio of life science office properties concentrated in Boston, San Diego, San Francisco, Seattle, New York, and North Carolina.”
Alexandria Real Estate Equities, Inc. - ExitedDavenportDecember 2025
“Detractors: Worst for the quarter was Alexandria Real Estate Inc. (ARE) at -39%, as the depth and duration of the valley for biotech real estate appeared to be expanding, and the company signaled a potential dividend cut, which is at odds with our Fund’s objective. Subsequent to our sale, the company cut its dividend by 45%.”
Alexandria Real Estate Equities, Inc.
Fund coverage · 3 theses
- Baron Real Estate Income FundJune 2026
Alexandria Real Estate Equities, Inc. owns premier life science office assets and is expected to benefit from stabilizing fundamentals and capital recycling into buybacks.
Read the full thesis - Warden CapitalDecember 2025
Alexandria Real Estate Equities, Inc. is a high-quality life sciences landlord trading at an oversold ~10%+ cap rate with improving biotech tailwinds and strong lease terms.
Read the full thesis - Diamond Hill Small Cap FundDecember 2025
Alexandria Real Estate Equities, Inc. is a leading life sciences REIT trading at a deep discount amid sector headwinds, supported by a strong balance sheet and prime assets.
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