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Office REIT Giant Alexandria Discovers Money Doesn't Grow on Empty Cubicles

Reading time: 2 min • Apr 30, 2025, 01:57 AM (UTC)

Key Points

  • Alexandria Real Estate Equities shares plunged 6% following ...

Looks like someone forgot to tell Alexandria Real Estate Equities that office buildings need actual humans working in them to make money. After their Q1 2025 earnings release on April 29, investors decided to take the stairs - right out of their stock positions, sending shares tumbling 6% while the S&P 500 casually strolled up 0.6%.

Empty Desks, Empty Pockets

The numbers paint a picture that would make even a commercial real estate agent's perfectly whitened smile fade. Total revenue dropped to $758 million from last year's $769 million, and the company posted an $11.6 million loss - quite ...

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