SAN DIEGO-BioMed Realty Trust’s raising of $212.4 million in a stock offering last week underscores the underlying strength of the life sciences industry despite the turmoil in the credit markets and economic uncertainty. The REIT, which specializes in properties that it leases to life sciences companies, sold more than 8.5 million shares of stock to raise the proceeds, minus underwriter discounts, commissions and estimated expenses.

Last week’s stock offering marked the second time this year that BioMed has raised funds in a difficult capital markets environment. In April, the San Diego-based REIT raised $149.7 million. In both offerings, BioMed said the funds would be used to pay down its line of credit and cover general corporate uses.

One of the chief factors in BioMed’s capacity to raise capital in these uncertain times–and one of the reasons for its continued strong performance generally–was explained by Alan D. Gold, the REIT’s president and CEO, during its latest conference call with financial analysts. “Despite a very turbulent macro-economic environment, the demand for life science real estate remains relatively strong,” Gold said in the conference call.

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