Core Viewpoint - Alexandria Real Estate Equities, Inc. has been recognized as one of the Most Trustworthy Companies in America by Newsweek for the third consecutive year, highlighting its reputation in the life science real estate sector [1][2] Company Overview - Alexandria is a pioneering owner, operator, and developer of collaborative Megacampus ecosystems in key life science innovation locations, with a market capitalization of $29.0 billion and an asset base of 39.8 million RSF of operating properties as of December 31, 2024 [7] - The company has a sector-leading client base of approximately 750 tenants, with 84% of its leasing activity in 2024 coming from long-term relationships [2][3] Financial Performance - Alexandria maintains a strong balance sheet with significant liquidity and credit ratings in the top 10% among publicly traded U.S. REITs, allowing flexibility in executing its Megacampus strategy [3] - The company offers an attractive dividend yield of 5.4%, with an average annual increase in dividends per share of 5.4% since 2020 and a low payout ratio of 55% for the three months ended December 31, 2024 [3] Employee Relations - Alexandria emphasizes building loyalty and trust with employees, offering a comprehensive benefits package that includes competitive compensation, generous paid time off, and unique access to lifesaving care [4] - The company has a low annual voluntary turnover rate of 4.0% over the past five years, significantly lower than the REIT industry average of 11.0% [4] Corporate Responsibility - Alexandria is committed to corporate responsibility, focusing on addressing disease and hunger, supporting military families, and driving educational opportunities [5] - The company supports the creation of the National Medal of Honor Museum, which aims to preserve the legacy of Medal of Honor recipients [5][6]
Alexandria Real Estate Equities, Inc. Named One of the Most Trustworthy Companies in America by Newsweek for Third Consecutive Year