NYSE:AREHealth Care REITs
Alexandria Real Estate Equities (ARE): Evaluating Value After Q2 Results Outpace Forecasts But Occupancy Slips
Alexandria Real Estate Equities (ARE) just reported its second-quarter results and delivered a mixed message for investors considering their next steps. The company’s adjusted funds from operations per share came in ahead of expectations, which is usually a positive sign that core cash flows are holding up better than anticipated. However, a closer look reveals a slight decline in occupancy rates and rising interest expenses compared to last year, which serves as a reminder that even sector...