Financial PerformanceARE beat 3Q24 Core FFO expectations, putting up $2.37 versus Citizens JMP and consensus expectations of $2.34 per share.
Leasing ActivityLeasing activity has picked up significantly, with ARE executing on 1.5 million square feet of leasing, surpassing historical averages.
Market PositionARE is trading at deeply discounted levels, and sentiment on the stock is low, supporting the Market Outperform rating.