filecrux
Nov 1, 10:22 PM
$XLRE $EQIX $DLR Real estate, week of Oct 26: 26 companies made news worth knowing.
📈 Results led the week: 21 real estate companies put out 23 results reports, and 18 of those reports were good news for shareholders, with just 2 bad
🚀 Equinix, a data center owner, raised its 2026 forecast for AFFO per share (cash profit per share) to
$43.71–
$44.11 after record Q3 bookings of
$533M at a yearly rate, up 35%
🚀 Digital Realty, another data center owner, raised its 2026 forecast for Core FFO per share (cash profit per share) to
$8.30-
$8.35 after leases signed in Q3 set a record
$627M of yearly rent
⚠️ The bear read for Digital Realty is that its raised 2026 forecast leaves
$2.03-
$2.08 of cash profit per share for Q4, below the
$2.10 it made in Q3
🧾 On the bad side, lab landlord Alexandria took a
$637.9M write-down on buildings it is selling, and its quarterly cash profit per share (FFO) fell to
$1.54 from
$2.22 a year earlier
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