Alexandria Real Estate Equities (ARE) has released an update.
Alexandria Real Estate Equities, Inc. has teamed up with a group of financial institutions for a dynamic stock offering aiming to raise up to $1.5 billion. This move allows the company to sell shares “at the market” and includes the option for forward sale agreements, enabling further financial flexibility. Investors should note that sales can be paused at any time, and the company has multiple settlement options at its disposal, which could affect the timing and amount of proceeds received from the equity sales. This strategic initiative is part of a broader financial framework to support the company’s growth and market presence.
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