Alexandria Real Estate (ARE) Tops Q2 FFO by 1c

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Alexandria Real Estate Equities, Inc. Reports Second Quarter Ended June 30, 2017, Financial and Operating Results Strong Internal and External Growth

July 31, 2017 4:10 PM EDT

PASADENA, Calif., July 31, 2017 /PRNewswire/ -- Alexandria Real Estate Equities, Inc. (NYSE: ARE) announced financial and operating results for the second quarter ended June 30, 2017.

Key highlights

20 years on the New York Stock Exchange ("NYSE")We celebrated our 20th anniversary as an NYSE listed REIT and achieved a total shareholder return of 1,218%, assuming reinvestment of dividends, from our initial public offering in May 1997 through 2Q17.

Increased common stock dividendCommon stock dividend for 2Q17 of $0.86 per common share, up 3 cents, or 4%, over 1Q17; continuation of our... More