A nationwide slowdown in life sciences leasing activity tempered enthusiasm for Denver-based REIT Healthpeak Properties despite overall revenue growth in the first quarter.
Healthpeak posted $687M in revenue for the quarter, an annual increase of 14.4%. The company beat earnings expectations and generally turned in a strong quarter, but it maintained its existing guidance for the rest of the year on concerns about life sciences, which makes up about 35% of its portfolio...
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RSK: Just a victim of the uncertain times....once it all is settled down and the direction clear, this sector will shine once again. It depends heavily on governmental grants.
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- - Volume: 25 - WEEK: 19 Date: 5/6/2025 2:22:56 PM -