Alexandria Real Estate Equities, Inc. (NYSE:ARE) is seeking acquisitions. Alexandria Real Estate will initially use the net proceeds from public offering of 6.6 million common shares at a price of $73.50 per share to reduce the outstanding balance on its unsecured senior line of credit or other borrowings or for general corporate purposes and may borrow from time to time under its unsecured line of credit to fund potential future acquisitions, to repay debt, or for general working capital and other corporate purposes, including the selective development or redevelopment of existing or new life science properties.

Alexandria Real Estate Equities, Inc. reported consolidated unaudited earnings results for the first quarter ended March 31, 2013. For the quarter, the company reported total revenues of USD 150.380 million compared to USD 135.711 million a year ago. Income from continuing operations was USD 29.423 million or USD 0.35 per basic and diluted share compared to USD 26.266 million or USD 0.22 per basic and diluted share a year ago. Net income was USD 30.237 million compared to USD 32.775 million a year ago. Net income attributable to the company’s common stock holders was USD 22.442 million or USD 0.36 per basic and diluted share compared to USD 18.368 million or USD 0.30 per basic and diluted share a year ago. AFFO attributable to the company was USD 67.965 million against USD 62.457 million a year ago. Funds from operations attributable to company’s common stockholders diluted were USD 1.11 per share, up 3%, compared to USD 1.08 per share a year ago. Adjusted funds from operations attributable to company’s common stockholders diluted were USD 1.08 per share, up 6%, compared to USD 1.02 per share a year ago. The company provided earnings guidance for the year 2013. For the year, the company expects diluted earnings per share attributable to the company’s stock holders of USD 1.43 to USD 1.59 compared to previous guidance of USD 1.41 to USD 1.61. Diluted FFO per share attributable to the company’s common stockholders to be in the range of USD 4.46 to USD 4.62 compared to previous guidance of USD 4.44 to USD 4.64. Interest expense, net expected to be in the range of USD 74 million to USD 84 million compared to previous guidance of USD 74 million to USD 84 million.

Alexandria Real Estate Equities, Inc., Annual General Meeting, May 20, 2013., at 11:00 Pacific Daylight. Location: The Ritz Carlton, Marina del Rey. Agenda: To elect seven directors to serve until the Company’s next annual meeting of stockholders and until their successors are duly elected and qualify; to consider and vote upon the ratification of the appointment of Ernst & Young LLP to serve as the Company’s independent registered public accountants for the fiscal year ending December 31, 2013; to consider and vote upon, on a non-binding, advisory basis, a resolution to approve the compensation of the Company’s named executive officers, as described in the Proxy Statement; and to transact such other business as may properly come before the annual meeting or any postponement or adjournment thereof.