Alexandria Actual Property Equities, Inc. Named One in all Most Reliable Corporations in America by Newsweek
Essential recognition reinforces Alexandria’s longstanding efforts to earn and preserve the belief of its tenants, buyers and workers
PASADENA, Calif., April 24, 2023 /PRNewswire/ — Alexandria Actual Property Equities, Inc. (NYSE: ARE), the primary, preeminent, longest-tenured and pioneering proprietor, operator and developer of collaborative life science, agtech and superior expertise campuses in AAA innovation cluster places with an asset base in North America of roughly 75 million SF, has been named considered one of Newsweek‘s Most Reliable Corporations in America in 2023. This notable award was based mostly on the outcomes of an intensive unbiased survey compiled in collaboration with the publication’s market analysis companion Statista. Alexandria was considered one of solely six S&P 500 REITs acknowledged in the actual property and housing class throughout three primary public touchpoints of belief: buyer belief, investor belief and worker belief.
Alexandria is deeply centered on fulfilling its mission to advance human well being and executing its differentiated enterprise mannequin whereas additionally making a constructive and lasting affect on society. Famend writer and enterprise strategist Jim Collins has stated of the passionate, pioneering and disciplined firm, which has grown steadily over practically three many years, “Alexandria has achieved the three outputs that outline an ideal firm: Superior Outcomes, Distinctive Impression, and Lasting Endurance.”
“We’re honored to be acknowledged as considered one of America’s Most Reliable Corporations by Newsweek. This prestigious designation attests to the energy of our one-of-a-kind model that has earned us the belief of the world’s main life science corporations, like Eli Lilly, Bristol Myers Squibb and Moderna, amongst a world-class tenant base that depends on us to ship mission-critical Labspace® infrastructure and operational excellence as they advance groundbreaking medical improvements to enhance and save lives,” stated Joel S. Marcusgovt chairman and founding father of Alexandria Actual Property Equities, Inc. and founder and head of Alexandria Enterprise Investments. “It additionally displays our buyers’ confidence in our excellent observe document of making long-term worth and our best-in-class group’s unwavering dedication to upholding the best ranges of transparency, integrity, excellence and accountability throughout all aspects of our uniquely centered mission-driven firm.”
Guided by Alexandria’s tradition of concept meritocracy, mutual respect, variety, humility, transparency and teamwork, the corporate has established itself on the vanguard and coronary heart of the life science ecosystem. Its confirmed means to domesticate trusted strategic relationships that span many years and cluster markets is a testomony to Alexandria’s operational excellence in creating and working world-class campuses recognized for his or her inspiring design, vibrant facilities and dynamic environments. With campuses that allow its tenants to be extra productive and environment friendly, and to draw and retain prime expertise, Alexandria has constructed an extremely loyal consumer base that exceeds a mean retention fee of 80% over the previous 5 years.
Alexandria’s execution of its multifaceted platform of inner and exterior development continues to contribute to the corporate’s superior outcomes and distinctive long-term complete stockholder return (TSR). From its IPO in Might 1997 via December 31, 2022, Alexandria generated an excellent TSR of 1,673% (assuming reinvestment of dividends), considerably outperforming main indices over the identical interval, together with the Nasdaq Composite’s TSR of 838%, the MSCI U.S. REIT’s TSR of 684% and the S&P 500’s TSR of 628%. Moreover, the corporate’s premier reporting practices have earned it seven Nareit Investor CARE (Communications and Reporting Excellence) Awards, together with six Gold Awards since 2015 — probably the most Gold awards by any fairness REIT — and GRESB “A” disclosure scores for the previous 5 years. These recognitions mirror Alexandria’s continued excellence in transparency, high quality and effectivity in its reporting to the funding group.
Alexandria additionally locations a unprecedented deal with constructing loyalty and trusted relationships with its workers — the muse of its enduring enterprise. The corporate is proud to supply an industry-leading complete rewards package deal that’s significant and impactful to its workers and their households. It features a extremely aggressive compensation and retirement program, an enhanced wellness program and world-class advantages, which Alexandria workers rated their #1 most valued space within the firm’s 2022 worker engagement survey. Alexandria’s complete choices help its workers’ general well being and well-being, present them alternatives for coaching and improvement and additional strengthen its mission-driven, collaborative tradition. The dedication of the corporate and its individuals to advancing human well being and enhancing the vitality of its communities and society has formed its extremely impactful company social accountability efforts via which it drives ahead long-term, scalable options to a number of the most urgent societal points to contribute to a more healthy, extra sustainable and extra productive world. Deeply dedicated to creating a particular affect, the corporate has curated eight social accountability pillars centered on (1) accelerating medical innovation to avoid wasting lives, (2) harnessing agtech to fight starvation and enhance vitamin, (3) supporting our navy, our veterans and their households, (4) revolutionizing dependancy therapy, (5) constructing principled leaders via schooling, (6) approaching homelessness as a healthcare drawback, not a housing challenge, (7) inspiring future generations with the tales and values of our nation’s heroes and (8) prioritizing the psychological well being disaster.
In reference to its latest social accountability pillar, Alexandria just lately collaborated to advance revolutionary options for the advanced and pervasive psychological well being disaster dealing with the nation. In keeping with the Nationwide Alliance on Psychological Sickness, an estimated one in 5 adults expertise psychological sickness annually, and untreated psychological sickness represents an annual financial burden of as much as $300 billionprimarily associated to misplaced productiveness, which understates its complete price to society. In February 2023, Alexandria convened a mission-critical Healthcare Coverage Discussion board on Psychological Well being in partnership with Patrick Kennedy and The Kennedy Discussion board. The collaboration introduced collectively prime specialists in biopharma, medication, expertise, academia, affected person advocacy and authorities with the aim to form tangible options that may assist advance innovation, affect coverage and deal with the pressing want to remodel the psychological healthcare system. Alexandria can also be making a significant distinction via its long-term help of the Navy SEAL Basis (NSF), which permits the NSF to deal with the distinctive bodily and psychological considerations of the Naval Particular Warfare group, together with the rising want for brand spanking new psychological well being remedies to make sure that our nation’s heroes and their households obtain the instruments they should thrive.
To study extra about Alexandria’s industry-leading and complete ESG initiatives, please go to www.are.com/esg.html.
About Alexandria Actual Property Equities, Inc.
Alexandria Actual Property Equities, Inc. (NYSE: ARE), an S&P 500® firm, is a best-in-class, mission-driven life science REIT making a constructive and lasting affect on the world. Because the pioneer of the life science actual property area of interest since its founding in 1994, Alexandria is the preeminent and longest-tenured proprietor, operator and developer of collaborative life science, agtech and superior expertise campuses in AAA innovation cluster places, together with Larger Bostonthe San Francisco Bay Space, New York Metropolis, San Diego, Seattle, Maryland and Analysis Triangle. Alexandria has a longstanding and confirmed observe document of creating Class A properties clustered in life science, agtech and superior expertise campuses that present our revolutionary tenants with extremely dynamic and collaborative environments that improve their means to efficiently recruit and retain world-class expertise and encourage productiveness, effectivity, creativity and success. Alexandria additionally supplies strategic capital to transformative life science, agrifoodtech, local weather innovation and expertise corporations via our enterprise capital platform. We consider our distinctive enterprise mannequin and diligent underwriting guarantee a high-quality and various tenant base that leads to greater occupancy ranges, longer lease phrases, greater rental revenue, greater returns and larger long-term asset worth. For added data on Alexandriaplease go to www.are.com.
This press launch contains “forward-looking statements” inside the which means of Part 27A of the Securities Act of 1933, as amended, and Part 21E of the Securities Trade Act of 1934, as amended. Such forward-looking statements embrace, with out limitation, statements concerning Alexandria’s social accountability initiatives, practices, investments and progress, and the potential impacts of such actions on Alexandria’s enterprise and the businesses and non-profit organizations by which Alexandria invests or with which Alexandria has strategic relationships. These forward-looking statements are based mostly on Alexandria’s current intent, beliefs or expectations, however forward-looking statements will not be assured to happen and should not happen. Precise outcomes might differ materially from these contained in or implied by Alexandria’s forward-looking statements on account of quite a lot of components, together with, with out limitation, the dangers and uncertainties detailed in its filings with the Securities and Trade Fee. All forward-looking statements are made as of the date of this press launch, and Alexandria assumes no obligation to replace this data. For extra dialogue regarding dangers and uncertainties that might trigger precise outcomes to vary materially from these anticipated in Alexandria’s forward-looking statements, and dangers and uncertainties to Alexandria’s enterprise generally, please discuss with Alexandria’s filings with the Securities and Trade Fee, together with its most up-to-date annual report on Kind 10-Okay and any subsequently filed quarterly reviews on Kind 10-Q.
CONTACT: Sara Kabakoff, Vice President – Strategic Communications, (626) 788-5578, (email protected)
SOURCE Alexandria Actual Property Equities, Inc.
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