Are Tech Layoffs Going to Be a Headache for Alexandria Real Estate Equities?

Brent Nyitray, CFA, The Motley Fool

Wed, Nov 30, 2022, 10:06 AM3 min read

In this article:

Elon Musk's acquisition of social media site Twitter garnered a lot of press, but we are seeing an uptick in announcements from companies like Meta Platforms and Amazon.com. With layoffs and people working from home, are office real estate investment trusts (REITs) like Alexandria Real Estate Equities (NYSE: ARE) in trouble? Alexandria Real Estate Equities is an office REIT that focuses on life sciences and tech space.

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Are Tech Layoffs Going to Be a Headache for Alexandria Real Estate Equities?

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