Alexandria Real Estate Equities posted a net loss attributable to common shareholders of USD 73.7 million, or USD 0.43 per share, for the quarter ended June 30, 2026.
Funds from operations attributable to common shareholders, as adjusted, fell 25.31% to USD 296.1 million, or USD 1.73 per share.
Income from rentals dropped 12.8% to USD 643.2 million, while net operating income slid 15.3% to USD 455.4 million.
Operating occupancy eased to 86.9%, with 1,038,917 RSF of leasing signed during the quarter.
Alexandria reiterated 2026 funds from operations per share, as adjusted, at USD 6.35 to USD 6.45, while targeting year-end occupancy of 86.2% to 87.8%.
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