Welcome to our dedicated page for Alexandria Real Estate Eq news (Ticker: ARE), a resource for investors and traders seeking the latest updates and insights on Alexandria Real Estate Eq stock.
Alexandria Real Estate Equities Inc (NYSE: ARE) operates at the intersection of cutting-edge science and premium urban real estate, developing collaborative campuses for leading life science and technology tenants. This page provides investors and industry professionals with direct access to the company's official announcements and market-moving developments.
Track ARE's latest press releases, including earnings reports, strategic acquisitions, and campus expansions in key innovation hubs like Boston and San Francisco. Discover updates on lease agreements with biopharma leaders, sustainability initiatives, and Labspace® infrastructure advancements shaping modern R&D ecosystems.
Our curated news feed delivers timely, accurate information to support informed analysis of ARE's position in the life science REIT sector. Content is rigorously verified to meet financial reporting standards, offering clarity on how urban innovation clusters drive long-term value creation.
Bookmark this page for streamlined access to Alexandria Real Estate Equities' corporate communications, or check back regularly to monitor emerging trends in technology-driven commercial property development.
Alexandria Real Estate Equities (NYSE:ARE) reported a robust third-quarter performance for 2020, with total revenues of $545 million, a 39.6% increase year-over-year, and a net income of $79.3 million. Funds from operations (FFO) reached $230.7 million, showing a positive trend in cash flows. The company maintained a high occupancy rate of 94.9% and significant liquidity of $3.9 billion. Alexandria continues investing in its life science ecosystem, including COVID-19 related research, and declared a dividend of $1.06 per share for the quarter, a 6% increase over the prior year.
Alexandria Real Estate Equities (NYSE: ARE) is committed to addressing urgent societal challenges such as COVID-19, the opioid crisis, and educational disparities. The company supports nearly 100 tenants focused on COVID-19 solutions and has invested in personal protective equipment and over $1 million in community support. Alexandria, alongside Verily, is pioneering a comprehensive addiction recovery campus in Dayton, Ohio, while also enhancing educational opportunities for underprivileged students. With a market capitalization of $27.7 billion, Alexandria continues to lead in innovative solutions that uplift communities.
Alexandria Real Estate Equities (NYSE: ARE) has been awarded the first-ever Fitwel Viral Response Certification with Distinction for its exemplary COVID-19 prevention practices. This recognition highlights Alexandria's commitment to health and safety across its life science campuses. The company established a COVID-19 Advisory Board, implemented strict safety protocols, and enhanced cleaning programs. Alexandria is also partnering with Fitwel to develop a tailored laboratory certification, aiming to support critical life science work and maintain high health standards as it operates in key innovation clusters.
On September 18, 2020, Alexandria Real Estate Equities (NYSE: ARE) announced the delivery of OneFifteen Living, a residential facility in Dayton, Ohio, aimed at addressing the opioid crisis. This 26,304 square foot building will support recovery through residential treatment and family reunification. The facility complements OneFifteen's existing outpatient clinic and crisis stabilization unit. Alexandria's mission-driven approach is underscored by its collaboration with Verily, focusing on innovative addiction treatment and a holistic recovery ecosystem.
Alexandria Real Estate Equities (NYSE: ARE) declared a quarterly cash dividend of $1.06 per common share for Q3 2020, payable on October 15, 2020, to shareholders of record on September 30, 2020. This marks a 6% increase from the previous year, totaling $4.18 per common share for the year ending September 30, 2020. The company's funds from operations payout ratio remains low at 59%, allowing for reinvestment in its development pipeline while maintaining a robust cash flow for shareholders.
Alexandria Real Estate Equities, Inc. (NYSE: ARE) will host a conference call and audio webcast on October 27, 2020, at 3:00 p.m. ET, to discuss its operating and financial results for Q3 2020, which will be released post-market on October 26, 2020. Investors can participate via phone or access the live webcast on the company’s website. A replay will be available from 5:00 p.m. ET on October 27, through November 3, 2020.
Alexandria Real Estate Equities (NYSE: ARE) is leading the effort to enhance COVID-19 testing through its Labspace® platform, enabling over 80 tenants to work on vital diagnostics and therapies. The company has initiated a national COVID-19 testing program across key locations like Cambridge, South San Francisco, and New York City, providing critical infrastructure and support. Alexandria is also redeveloping properties to expand testing capabilities and support tenants like Cue Health, which received FDA authorization for its COVID-19 tests.
Alexandria Real Estate Equities (ARE) announced the redemption of its outstanding 3.900% Senior Notes due 2023, totaling $252,988,000. The redemption date is set for September 4, 2020, with the price at par plus a make-whole premium and accrued interest. These notes are governed by the Indenture established in February 2012, ensuring that the company adheres to regulatory stipulations. While forward-looking statements are included in the press release, investors should be mindful of potential market risks and uncertainties that could affect the timing and completion of the redemption.
Alexandria Real Estate Equities (NYSE: ARE) announced the expiration of its cash tender offer for outstanding 3.900% Senior Notes due 2023. As of the expiration on August 4, 2020, approximately $247 million or 49.40% of the $500 million total principal was validly tendered. The tender offer consideration is set at $1,098.98 per $1,000 in principal, with payments scheduled for August 5 and August 7, 2020. The offer is funded by net proceeds from the issuance of new 1.875% Senior Notes due 2033.
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