Alexandria Real Estate Eq Inc Stock Price, News & Analysis

Alexandria Real Estate Equities declared a quarterly cash dividend of $1.12 per common share for Q3 2021, payable on October 15, 2021. This brings the total dividend for the year to $4.42, representing a 6 percent increase from the previous year. The funds from operations payout ratio remains low at 60 percent, indicating strong cash management and growth potential. The company continues to invest in its Class A properties, ensuring sustainable growth.

Alexandria Real Estate Equities (NYSE: ARE) will host a conference call and audio webcast on October 26, 2021, at 3:00 p.m. ET to discuss its third quarter operating and financial results. The results will be released after market close on October 25, 2021. Interested participants can join the call by dialing (833) 366-1125 in the U.S. or (412) 902-6738. A replay will be available from 5:00 p.m. ET on October 26, through November 2, 2021. Alexandria specializes in urban office REITs focused on life sciences and technology campuses.

On July 26, 2021, Alexandria Real Estate Equities (ARE) reported strong financial results for Q2 2021. Total revenues increased by 16.6% to $509.6 million, and net income attributable to common stockholders rose to $380.6 million, up from $226.6 million YoY. The company enjoyed historic leasing activity, with 1.9 million RSF leased and rental rate increases of 42.4%. A strong balance sheet was highlighted with $4.5 billion in liquidity, and tenant collections reached 99.4%. Alexandria continues its strategic growth, focusing on life sciences with significant ongoing and future development projects.

On June 22, 2021, Alexandria Real Estate Equities announced that underwriters fully exercised their option to purchase an additional 1,050,000 shares of common stock at $184.00 per share. This follows a previously announced public offering of 7,000,000 shares. The company expects to utilize any future proceeds from forward sale agreements for pending acquisitions and general working capital. No initial proceeds from the forward purchasers will benefit Alexandria. The company is a leading urban office REIT focused on life sciences, agtech, and technology campuses.

Alexandria Real Estate Equities has closed its public offering of 7,000,000 shares of common stock priced at $184.00 per share. Although proceeds will not initially benefit the Company, future settlements from forward sale agreements will be used for pending acquisitions and general corporate purposes. Alexandria focuses on collaborative life science and technology campuses in key locations across the US. The Company made forward-looking statements regarding its planned use of proceeds, noting potential risks and uncertainties.

Alexandria Real Estate Equities, Inc. (NYSE: ARE) priced its upsized public offering of 7,000,000 shares at $184.00 each, with a 30-day underwriter option for 1,050,000 shares. Closing is expected around June 17, 2021. The company has forward sale agreements with major financial institutions for these shares. Proceeds will fund acquisitions and general corporate purposes. Notably, the company will not receive immediate funds from this offering, as it’s structured to delay net proceeds until future settlement.

Alexandria Real Estate Equities announces a public offering of 6,500,000 shares of common stock, with a potential additional 975,000 shares for underwriters. The company plans to enter into forward sale agreements, expecting proceeds mainly to fund pending acquisitions and general corporate purposes. The offering price will be determined at the time of pricing. Alexandria does not expect to receive proceeds initially as shares will be sold by forward purchasers. The offering is under an effective registration statement with the SEC.