Alexandria Real Estate Equities, Inc. Declares Quarterly Cash Dividend Boost of 4%

Alexandria Real Estate Equities, Inc. ARE announced today that its Board of Directors declared a quarterly cash dividend of 49 cents per common share for the fourth quarter of 2011.  This reflects a dividend increase of approximately 4 percent.  The dividend is payable on January 17, 2012, to shareholders of record on December 30, 2011.  The Company's funds from operations payout ratio as of September 30, 2011, was 43 percent.