---
schema_version: "secwatch.filing_event.v1"
accession: "0001035443-25-000202"
form_type: "8-K"
ticker: "ARE"
cik: "0001035443"
company_name: "ALEXANDRIA REAL ESTATE EQUITIES, INC."
filed_at: "2025-10-29T23:59:59+00:00"
generated_at: "2026-05-17T01:33:45.706537+00:00"
event_type: "other_material"
sentiment: "negative"
materiality_score: 0.8
calibrated_materiality_score: 0.8
confidence: "high"
source: SEC EDGAR
---

# Alexandria REIT provides initial 2026 FFO/share guidance of $6.25-$6.85 amid occupancy challenges

## Summary
- Operating occupancy dropped to 90.6% (Sept 30, 2025) from 94.7% a year ago, a four-quarter decline.
- Same property NOI decreased 6.0% in Q3 2025 vs Q3 2024.
- Lease expirations on 1.2M RSF with $81M annual rent expected to become vacant; downtime of 6-24 months.
- Board will carefully evaluate 2026 dividend strategy; current dividend rate may be reduced.
- Pending dispositions of $1.0B expected late Q4 2025; EBITDA reduction to impact Q1 2026.

## SEC filing metadata
- accession: 0001035443-25-000202
- form_type: 8-K
- ticker: ARE
- cik: 0001035443
- company_name: ALEXANDRIA REAL ESTATE EQUITIES, INC.
- filed_at: 2025-10-29T23:59:59+00:00
- event_type: other_material
- sentiment: negative
- materiality_score: 0.8
- calibrated_materiality_score: 0.8
- confidence: high
- sec_items: 7.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1035443/000103544325000202/0001035443-25-000202-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1035443/000103544325000202/are-20251029.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001035443-25-000202
- JSON: https://secwatch.observer/filing/0001035443-25-000202.json
- Plain text: https://secwatch.observer/filing/0001035443-25-000202.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.