Life Sciences Demand Is Propelling Alexandria Real Estate

As part of the fight against the COVID-19 pandemic, the life sciences industry has received increased government spending on treatments and vaccine development. One of the biggest beneficiaries was not a healthcare company, but a real estate investment trust (REIT) that develops space for these companies.

Alexandria Real Estate Equities (NYSE: ARE) is the leader in this sector, and it believes that the life sciences space is in the beginning stages of a long boom. Here's why.

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Source Fool.com