Alexandria: One-Of-A-Kind Office REIT Still Defying The Work-From-Home Trend (NYSE:ARE)

Solskin/DigitalVision via Getty Images We decided to re-analyze Alexandria Real Estate (NYSE:ARE) given our increasing concerns about the effects w...

August 23, 2022
7:44 AM

Solskin/DigitalVision via Getty Images We decided to re-analyze Alexandria Real Estate (NYSE:ARE) given our increasing concerns about the effects work-from-home will have on office REITs. One of the key areas where companies are reducing spending is on real estate. We already discussed the subject in our last article on Boston Properties (BXP), but wanted to take a look at Alexandria's results to see if they are seeing an impact as well. Our worries resurfaced as one reader shared with us this article that discusses a survey of more than 200 CFOs and finance executives that revealed 'real estate/facilities management' is the corporate function most likely to face budget cuts during the next recession.

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