PASADENA, Calif., June 7, 2022
/PRNewswire/ -- Alexandria Real Estate Equities, Inc. (NYSE: ARE),
an urban office REIT and the first, longest-tenured and pioneering
owner, operator and developer uniquely focused on
collaborative life science, agtech and technology campuses in AAA
innovation cluster locations, today announced that it has received
the 2022 Nareit Investor CARE Silver Award in the Large Cap Equity
REIT category for superior shareholder communications and
reporting. This prestigious honor — Alexandria's fifth consecutive Investor CARE
Award and seventh total since 2015 — demonstrates the company's
best-in-class transparency, quality and efficiency in its
communications and reporting to the investment community. In
addition to this latest recognition from Nareit, Alexandria has earned the most Investor CARE
Gold Awards of any equity REIT.
Through its annual awards program, Nareit, the worldwide
representative voice for REITs and publicly traded real estate
companies, recognizes exceptional companies that interact most
effectively with their investors online, in writing and through
verbal communications, and that provide those investors with the
most comprehensive, clearly articulated and useful information in
the most efficient manner. Alexandria was chosen by an independent panel
of judges including REIT analysts, portfolio managers and
academics.
"We aim to uphold the highest levels of transparency, integrity
and accountability to the investment community, and we take great
pride in being recognized by Nareit again this year," said
Dean A. Shigenaga, president and
chief financial officer of Alexandria. "This year's seventh award
reflects our team's continued excellence in operational
transparency, reporting and disclosure practices."
Companies were evaluated on the strength of their online
presence, including ease of website navigability and availability
of information; disclosures and transparency with regard to SEC
filings, as focused primarily on supplemental filings; and investor
relations practices, including the quality of earnings calls and
accessibility of management.
About Alexandria Real Estate
Equities, Inc.
Alexandria Real Estate Equities, Inc. (NYSE: ARE), an S&P
500® urban office REIT, is the first, longest-tenured
and pioneering owner, operator and developer uniquely focused on
collaborative life science, agtech and technology campuses in AAA
innovation cluster locations, with a total market capitalization of
$42.8 billion and an asset base in
North America of 74.2 million SF
as of March 31, 2022. The asset base
in North America includes 41.9
million RSF of operating properties and 5.4 million RSF of Class A
properties undergoing construction, 10.4 million RSF of near-term
and intermediate-term development and redevelopment projects and
16.5 million SF of future development projects. Founded in 1994,
Alexandria pioneered this niche
and has since established a significant market presence in key
locations, including Greater
Boston, the San Francisco Bay
Area, New York City,
San Diego, Seattle, Maryland and Research Triangle. Alexandria has a longstanding and proven track
record of developing Class A properties clustered in urban life
science, agtech and technology campuses that provide our innovative
tenants with highly dynamic and collaborative environments that
enhance their ability to successfully recruit and retain
world-class talent and inspire productivity, efficiency, creativity
and success. Alexandria also
provides strategic capital to transformative life science, agtech
and technology companies through our venture capital platform. We
believe our unique business model and diligent underwriting ensure
a high-quality and diverse tenant base that results in higher
occupancy levels, longer lease terms, higher rental income, higher
returns and greater long-term asset value. For additional
information on Alexandria, please
visit www.are.com.
Forward-Looking Statements
This press release includes "forward-looking statements" within
the meaning of Section 27A of the Securities Act of 1933, as
amended, and Section 21E of the Securities Exchange Act of 1934, as
amended. Such forward-looking statements include, without
limitation, statements regarding the impact of the company's
communications and reporting practices on its performance. These
forward-looking statements are based on the company's present
intent, beliefs or expectations, but forward-looking statements are
not guaranteed to occur and may not occur. Actual results may
differ materially from those contained in or implied by the
company's forward-looking statements as a result of a variety of
factors, including, without limitation, the risks and uncertainties
detailed in its filings with the Securities and Exchange
Commission. All forward-looking statements are made as of the date
of this press release, and the company assumes no obligation to
update this information. For more discussion relating to risks and
uncertainties that could cause actual results to differ materially
from those anticipated in the company's forward-looking statements,
and risks and uncertainties to the company's business in general,
please refer to the company's filings with the Securities and
Exchange Commission, including its most recent annual report on
Form 10-K and any subsequently filed quarterly reports on Form
10-Q.
CONTACT: Sara
Kabakoff, Vice President – Communications,
(626) 788‑5578, skabakoff@are.com
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SOURCE Alexandria Real Estate Equities, Inc.