Eastward Ho! Alexandria Real Estate Considers $100 Million Investment for Biotech Development in India

SUGAR LAND--November 16, 2009--Reported by Annette Kreuger, Industrial Info Resources (Sugar Land, Texas)--Like virtually all of the other major players in the Pharmaceutical & Biotech Industry, it appears that Alexandria Real Estate Equities Incorporated (NYSE:ARE) (Pasadena, California) is looking to India to build a $100 million biotech building. As opposed to the domestic market and its current slump, India expects annual growth rates of 14%. A top developer and owner of life science properties throughout North America, Alexandria is a real estate investment trust (REIT) that is known for the quality of its developments.

Other companies featured: Tata Motors (NYSE:TTM)