Alexandria Real Estate Equities reports third quarter loss on impairment charges

Alexandria Real Estate Equities reported third-quarter 2026 revenue of 671.18 million US dollars and a net loss of 637.69 million US dollars, according to Simply Wall St. The quarterly loss was driven primarily by 637.90 million US dollars of real estate impairment charges on rental properties and land. [1]

Alongside the impairment charges, Alexandria Real Estate Equities formed a joint venture with investment firm KKR at its Campus Point property, Simply Wall St reported. The deal brings in 475 million US dollars of long-term capital while allowing the company to retain operational management. [1]

As FTMQ Real Estate reported earlier, the real estate investment trust operates approximately 39.1 million rentable square feet of life science and technology properties. Investors had been closely monitoring the company for life science leasing activity, rising interest costs, and dividend stability. [4]

Before the third-quarter financial results were released, the share price of Alexandria Real Estate Equities stood at 41.62 US dollars following a 21.91 percent decline over a 30-day period, as FTMQ Real Estate reported earlier. [4]