As the market reassesses the value of office properties, investors have been steering clear of many commercial real estate stocks.
Greg Kuhl, a portfolio manager at Janus Henderson, said he likes the outlook for Alexandria Real Estate Equities , a pure-play owner of life sciences centers.
Malhotra said he sees lab REITs as a "lower-beta way to play the volatile Life Sciences environment."
But each of these companies are more broadly diversified and have exposure to other types of commercial real estate.
Kilroy, for example, had been focused in properties in the tech hubs, but it now has a growing life sciences portfolio.
Persons:
Greg Kuhl, Janus Henderson, Kuhl, hasn't, Vikram Malhotra, Mizuho, Malhotra, Healthpeak's, Kilroy
Organizations:
Alexandria Real, stoke, Food and Drug Administration, Research, Biotech, Sciences, iShares Biotechnology, Boston Properties, Kilroy
Locations:
Alexandria, Ventas