PASADENA, Calif., June 7, 2016 /PRNewswire/ -- Alexandria Real Estate Equities, Inc. (NYSE: ARE), a real estate investment trust uniquely focused on world-class collaborative science and technology campuses in urban innovation clusters, today announced that it has received back-to-back National Association of Real Estate Investment Trusts' (NAREIT) Investor CARE (Communications and Reporting Excellence) Gold Awards in the Large Cap Equity REIT category, for achieving superior shareholder communications and reporting excellence. The award was presented at a ceremony held today at REITWeek 2016: NAREIT's Investor Forum in New York City. The winner of this prestigious award is chosen by an independent panel of REIT securities analysts and portfolio managers with a wide variety of experience and expertise.
Annually, NAREIT, the worldwide representative voice for REITs and publicly traded real estate companies, recognizes exceptional organizations that interact most effectively with investors online, as well as through written and verbal communications. In today's highly connected, fast-paced world, timely communication of comprehensive and well-articulated information is critical to creating and enhancing value for shareholders.
"We are honored to be recognized by NAREIT again this year for our efforts to provide transparent, quality and efficient communications to the investment community," said Dean Shigenaga, executive vice president, chief financial officer and treasurer of Alexandria Real Estate Equities, Inc., who accepted the award on behalf of the company. "Clear and consistent communication is key to investor relations, and we strive to deliver high-quality and relevant content for all of our stakeholders. Receiving the NAREIT CARE Gold Award for the second year in a row affirms Alexandria as a best-in-class REIT committed to excellence in corporate communications and disclosures."
Companies were evaluated on the strength of their online presence, noting ease of navigability and availability of information; transparency and diligence in regard to SEC filings, inclusive of supplemental filings and annual reports; and broad investor relations practices, including quality of earnings calls and management accessibility.
About Alexandria Real Estate Equities, Inc.
Alexandria Real Estate Equities, Inc. (NYSE: ARE) is an urban office REIT uniquely focused on world-class collaborative science and technology campuses in AAA innovation cluster locations, with a total market capitalization of $11.1 billion and an asset base in North America of 24.5 million square feet as of March 31, 2016. The asset base in North America includes 18.9 million RSF of operating properties and development and redevelopment projects (under construction or pre-construction) and 5.6 million square feet of future ground-up development projects. Alexandria pioneered this niche in 1994 and has since established a dominant market presence in key locations, including Greater Boston, San Francisco, New York City, San Diego, Seattle, Maryland, and Research Triangle Park. Alexandria has a longstanding and proven track record of developing Class A assets clustered in urban science and technology campuses that provide its 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. We believe these advantages result in higher occupancy levels, longer lease terms, higher rental income, higher returns, and greater long-term asset value. For more information, please visit www.are.com.
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SOURCE Alexandria Real Estate Equities, Inc.