Real Estate

American Tower's Q2 2026 net income more than doubled to $867.5 million on a $526 million swing in non-cash currency translation, while AFFO per share grew just 4.2% and organic tenant billings growth slowed to 1.7% as DISH churn and a straight-line revenue reversal pushed U.S. & Canada revenue down 2.5%.

Alexandria Real Estate Equities' Q2 2026: adjusted FFO per share fell 25.8% to $1.73 as occupancy dropped to 86.9% and same-property NOI declined 10.6%, while $222.5 million of impairments marked down assets being sold and leverage sat at 7.0x against a 5.6x-6.2x year-end target.