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.
On September 30, 2021, Alexandria Real Estate Equities (NYSE: ARE) announced its collaboration with Moderna to develop a new 462,000 RSF headquarters and R&D facility at 325 Binney Street, Cambridge. This cutting-edge building, designed to be the most sustainable laboratory in Cambridge, aims for net-zero energy consumption and various environmental certifications. Construction is underway, with completion expected in 2023, supporting Moderna's growth in mRNA medicines. Alexandria has expanded its asset base to approximately 15 million square feet in Greater Boston, emphasizing its role in the life science ecosystem.
Moderna, Inc. (NASDAQ: MRNA) has announced plans to invest in a new 462,000 sq. ft. science center in
Alexandria Real Estate Equities (NYSE: ARE) announced that OneFifteen, a non-profit healthcare ecosystem for opioid addiction recovery, received an honorable mention in Fast Company's 2021 Innovation by Design Awards. This award highlights Alexandria's role in tackling the opioid crisis, which caused over 95,000 deaths in the U.S. by February 2021. The OneFifteen campus in Dayton, Ohio, developed in partnership with Verily, features comprehensive addiction care and has helped over 3,500 patients since 2019. This recognition emphasizes Alexandria's commitment to innovative solutions in public health.
On September 10, 2021, Alexandria Real Estate Equities (NYSE: ARE) announced that its executive chairman, Joel S. Marcus, received the Distinction in Civic Engagement and Renewal award from the National September 11 Memorial & Museum. This honor recognizes his contributions to the Memorial's mission, particularly in commemorating the victims of the 9/11 attacks. Alexandria will also participate in the 9/11 Tribute in Lights on September 11, lighting up its NYC campus in 'Memorial Blue'. The company maintains a strong commitment to social impact, addressing key societal issues such as health and food insecurity.
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.
