Preferred Stock Channel
Alexandria Real Estate Equities Inc | 6.45% Series E Cumulative Redeemable Preferred Stock (ARE.PRE)

Prospectus excerpt:  We are offering 5,200,000 shares of our 6.45% Series E Cumulative Redeemable Preferred Stock, par value $0.01 per share (the "Series E Preferred Stock").

We will pay cumulative dividends on the Series E Preferred Stock from the date of original issue at a rate of 6.45% per annum of the $25.00 liquidation preference per share (equivalent to an annual rate of $1.6125 per share). Dividends on the Series E Preferred Stock will be payable quarterly in arrears, beginning on July 15, 2012. We may not redeem the Series E Preferred Stock before March 15, 2017, except in order to preserve our status as a real estate investment trust ("REIT") or upon the occurrence of certain changes of control, as described below. On and after March 15, 2017, we may, at our option, redeem the Series E Preferred Stock, in whole or in part, at any time or from time to time, for cash at a redemption price of $25.00 per share, plus any accrued and unpaid dividends on such Series E Preferred Stock up to but excluding the redemption date. In addition, upon the occurrence of a change of control, as a result of which neither our common stock, par value $0.01 per share, nor the common securities of the acquiring or surviving entity (or American Depositary Receipts ("ADRs") representing such securities) is listed on the New York Stock Exchange (the "NYSE"), the NYSE Amex Equities (the "NYSE Amex"), or the NASDAQ Stock Market (the "NASDAQ"), or listed or quoted on a successor exchange or quotation system, we may, at our option, redeem the Series E Preferred Stock, in whole or in part, within 120 days after the first date on which such change of control occurred, by paying $25.00 per share, plus any accrued and unpaid dividends to, but excluding, the redemption date. If we exercise any of our redemption rights relating to the Series E Preferred Stock, the holders of Series E Preferred Stock will not have the conversion right described below.

Full Prospectus PDF », ARE Page »

Series:E
Alternate symbology:ARE-E, ARE-PE, AREprE
Redeemable?:Yes
Call Date:3/15/2017 (Now Trading Post Call Date)
Perpetual?:Yes
Cumulative?:Yes
Shares Offered:5,200,000
Liquidation Preference:$25
Original Coupon:6.45%
Pay Period:Quarterly
Pay Dates:15-Jan, 15-Apr, 15-Jul, 15-Oct
Alexandria Real Estate Equities is an urban office real estate investment trust. Co. is engaged in the business of providing space for lease to the life science, technology, and agtech industries. Co.'s properties are similar in that they provide space for lease to the aforementioned industries, consist of improvements that are generic and reusable, are primarily located in AAA urban innovation cluster locations, and have similar economic characteristics. Co. operates in Greater Boston, San Francisco, New York City, San Diego, Seattle, Maryland, and Research Triangle. Co.'s tenants include multinational pharmaceutical companies; and public and private biotechnology companies, among others.

Preferreds: ARE.PRE, ARE.PRD


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Name:  Alexandria Real Estate Equities Inc
Website:  www.are.com
Sector:  REITs
Number of ETFs Holding ARE:  94 (see which ones)
Total Market Value Held by ETFs:  $4,248,453,571.35
Total Market Capitalization:  $25,486,000,000
% of Market Cap. Held by ETFs:  16.67%

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