Alexandria Real Estate Equities, Inc. Announces Tax Treatment of Year 2022 Distributions

Rhea-AI Summary

On January 26, 2023, Alexandria Real Estate Equities (NYSE: ARE) announced the tax treatment for its 2022 distributions. Shareholders are advised to consult their tax advisors regarding the specific tax implications. The press release includes details on ordinary dividends, capital gains on real estate, and return of capital for the year, emphasizing the importance of understanding these aspects for tax reporting. The total distribution per share amounted to $4.66, with significant portions classified as taxable ordinary dividends and capital gains. The disclosures are relevant for investors to assess their tax liabilities accurately.

Positive

• Total distribution per share is $4.66, which reflects a strong return for shareholders.
• Clear guidance provided for shareholders about the tax treatment of distributions.

Negative

• None.

PASADENA, Calif., Jan. 26, 2023 /PRNewswire/ -- Alexandria Real Estate Equities, Inc. (NYSE: ARE) today announced the tax treatment of its year 2022 distributions as described in the chart below. Stockholders are encouraged to consult with their own tax advisors as to their specific tax treatment of Alexandria Real Estate Equities, Inc. distributions.

Common Stock
CUSIP # 015271109
Ticker Symbol: ARE

														Section 897(4) Ordinary Dividends (Box 2e)		Section 897(4) Capital Gains on Real Estate (Box 2f)		Return of Capital(5) (Box 3)		Section 199A(1) Dividends (Box 5)
						Dividends				Capital Gains
Record Date		Payment Date		Distribution Per Share		Taxable Ordinary (Box 1a)		Qualified(1) (Box 1b)		Total(2) (Box 2a)		Unrecaptured Section 1250(3) (Box 2b)
12/31/21		1/14/22		$  1.150000		$  0.659525		$          —		$  0.490475		$      0.093725		$  0.020355		$  0.298195		$        —		$  0.659525
3/31/22		4/15/22		1.150000		0.659525		—		0.490475		0.093725		0.020355		0.298195		—		0.659525
6/30/22		7/15/22		1.180000		0.676730		—		0.503270		0.096170		0.020886		0.305974		—		0.676730
9/30/22		10/14/22		1.180000		0.676730		—		0.503270		0.096170		0.020886		0.305974		—		0.676730
				$  4.660000		$  2.672510		$          —		$  1.987490		$      0.379790		$  0.082482		$  1.208338		$        —		$  2.672510
				100 %		57.35 %		— %		42.65 %		8.15 %		1.77 %		25.93 %		— %		57.35 %

(1)	Qualified and Section 199A dividends are a subset of, and included in, the taxable ordinary dividends amount.
(2)	For purposes of Section 1061 and Treasury Regulation §1.1061-6(c), the aggregate "One Year Amounts Disclosure" and "Three Year Amounts Disclosure" are $0.778897 (39.19% of Box 2a) per share and $0.590881 (29.73% of Box 2a) per share, respectively. Such additional information generally pertains to shares held through "applicable partnership interests" subject to Section 1061.
(3)	Unrecaptured Section 1250 gains are a subset of, and included in, the total capital gains amount.
(4)	These amounts reflect a distribution's composition of gains from the disposition of "United States real property interests" under Section 897.  Generally, such information is relevant only to non-U.S. shareholders that own more than 10% of the Company's stock, as determined for purposes of Section 897, and certain entities through which non-U.S. shareholders own the Company's stock.
(5)	Return of capital represents a return of stockholder investment.

About Alexandria Real Estate Equities, Inc.
Alexandria Real Estate Equities, Inc. (NYSE: ARE), an S&P 500^® company, is a best-in-class, mission-driven life science REIT making a positive and lasting impact on the world. As the pioneer of the life science real estate niche since its founding in 1994, Alexandria is the preeminent and longest-tenured owner, operator and developer of collaborative life science, agtech and technology campuses in AAA innovation cluster locations, including Greater Boston, the San Francisco Bay Area, New York City, San Diego, Seattle, Maryland and Research Triangle. For more information, please visit www.are.com.

Contact: Sara Kabakoff, Vice President – Strategic Communications, (626) 788-5578, skabakoff@are.com

 

View original content:https://www.prnewswire.com/news-releases/alexandria-real-estate-equities-inc-announces-tax-treatment-of-year-2022-distributions-301730598.html

SOURCE Alexandria Real Estate Equities, Inc.

FAQ

What is the tax treatment of Alexandria Real Estate Equities' 2022 distributions?

Alexandria Real Estate Equities announced the tax treatment details for its 2022 distributions, which include ordinary dividends, capital gains on real estate, and return of capital.

What was the total distribution per share for Alexandria Real Estate Equities in 2022?

The total distribution per share for Alexandria Real Estate Equities in 2022 was $4.66.

What are the important dates for Alexandria Real Estate Equities' 2022 distributions?

Important dates include the record date of December 31, 2021, and payment date of January 14, 2022, among others.

How should shareholders handle the tax implications of the distributions from Alexandria Real Estate Equities?

Shareholders are encouraged to consult their tax advisors for specific tax treatment regarding the distributions from Alexandria Real Estate Equities.

Where can I find more information about Alexandria Real Estate Equities?

For more information, you can visit Alexandria Real Estate Equities' official website at www.are.com.