PASADENA, Calif., Jan. 31, 2022 /PRNewswire/ — Alexandria Real Estate Equities, Inc. (NYSE:ARE) announced financial and operating results for the fourth quarter and year ended December 31, 2021.
Key highlights |
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Operating results |
4Q21 |
4Q20 |
2021 |
2020 |
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Total revenues: |
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In millions |
$ Â 576.9 |
$ Â Â 463.7 |
$ Â 2,114.2 |
$ Â 1,885.6 |
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Growth |
24.4% |
12.1% |
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Net income attributable to Alexandria’s common stockholders – diluted |
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In millions |
$ Â Â 72.8 |
$ Â Â 435.9 |
$ Â Â 563.4 |
$ Â Â 760.8 |
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Per share |
$ Â Â 0.47 |
$ Â Â Â 3.26 |
$ Â Â Â 3.82 |
$ Â Â Â 6.01 |
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Funds from operations attributable to Alexandria’s common stockholders – diluted, as adjusted |
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In millions |
$ Â 303.6 |
$ Â Â 246.6 |
$ Â 1,144.9 |
$ Â Â 923.8 |
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Per share |
$ Â Â 1.97 |
$ Â Â Â 1.84 |
$ Â Â Â 7.76 |
$ Â Â Â 7.30 |
Historic leasing volume and rental rate growth
- Historic demand for…