Alexandria Real Estate Equities, Inc. - ARE STOCK NEWS

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.

On June 1, 2021, Alexandria Real Estate Equities (NYSE: ARE) declared a quarterly cash dividend of $1.12 per share for Q2 2021, payable on July 15, 2021. This marks a total of $4.36 in dividends for the 12 months ending June 30, 2021, a 6 percent increase from the prior year. The company's funds from operations payout ratio stands at a low 60 percent, indicating strong cash flow management while funding development projects. The dividend reflects the company's commitment to returning value to shareholders while maintaining robust operational reinvestment.

Alexandria Real Estate Equities, Inc. (NYSE: ARE) announced a conference call scheduled for July 27, 2021, at 3:00 p.m. ET to discuss its second-quarter operating and financial results. The results will be released after market close on July 26, 2021. Participants can join the call by dialing (833) 366-1125 (U.S.) or accessing the live audio webcast on their website. A replay will be available until August 3, 2021.

Alexandria Real Estate Equities (ARE) reported strong financial performance for Q1 2021, with total revenues reaching $479.8 million, a 9.1% increase from Q1 2020. However, net income attributable to common stockholders fell to $6.1 million from $16.8 million year-over-year. Funds from operations rose to $263.0 million, up from $221.4 million. The company maintains a robust balance sheet with $4.3 billion in liquidity and no debt maturities until 2024. The strong leasing activity continued with 1.68 million RSF leased in Q1 2021 and significant growth in net operating income.

Alexandria Real Estate Equities, Inc. (NYSE: ARE) declared a quarterly cash dividend of $1.09 per share for Q1 2021, payable on April 15, 2021. The annual dividend for the year ending March 31, 2021, totals $4.30 per share, a 6% increase from the previous year. The company emphasizes a favorable funds from operations payout ratio of 60% for the last quarter of 2020, indicating strong cash flow and the potential for future dividend increases while maintaining significant reinvestment in its development pipeline.