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ޤw^=1&NӚvPc{nJ- 1oMXp< #ael=ڡUj/qYhˏD3buHFEKTzo/]$mUn[([љwLYGmxQ9 l5~]W?eDB宆sߤm mq)D)pmTK_1XPi+u PASADENA, Calif. , Dec. 9, 2024 /PRNewswire/ -- Alexandria Real Estate Equities, Inc. (NYSE: ARE) today announced that its Board of Directors declared a quarterly cash dividend of $1.32 per common share for the fourth quarter of 2024. The dividend is payable on January 15, 2025 to stockholders of record on December 31, 2024 . The common stock dividend for the year ending December 31, 2024 of $5.19 per common share represents an increase of 23 cents , or 5 percent, over the year ended December 31, 2023 . The dividend allows the company to share its continued high-quality, strong and increasing net cash provided by operating activities with its common stockholders while retaining a significant portion for reinvestment into its pipeline of new Class A/A+ development and redevelopment projects. For the five-year period ending December 31, 2024 , the company expects to generate for reinvestment an aggregate $2.1 billion of net cash provided by operating activities after dividends. 1 Additionally, its dividend payout ratio (quarterly common stock dividends divided by quarterly funds from operations) remains favorably low at 55 percent for the three months ended September 30, 2024. Growth in the company's net cash provided by operating activities continues to generate opportunities to increase the company's quarterly cash dividend per common share while maintaining a low FFO payout ratio. 1 Net cash provided by operating activities after dividends (i) excludes timing differences such as changes in operating assets and liabilities and (ii) includes deductions for distributions to the company's consolidated real estate joint venture partners. Amount represents the years ended December 31, 2020 through 2023 and the midpoint of the company's 2024 guidance range as provided on October 21, 2024. About Alexandria Real Estate Equities, Inc. Alexandria Real Estate Equities, Inc. (NYSE: ARE), an S&P 500 ® company, is a best-in-class, mission-driven life science REIT making a positive and lasting impact on the world. As the pioneer of the life science real estate niche with our founding in 1994, Alexandria is the preeminent and longest-tenured owner, operator and developer of collaborative Megacampus TM ecosystems in AAA life science innovation cluster locations, including Greater Boston , the San Francisco Bay Area , San Diego , Seattle , Maryland , Research Triangle and New York City . For more information, please visit www.are.com . This press release includes "forward-looking statements" within the meaning of the federal securities laws. Actual results might differ materially from those projected in the forward-looking statements. Additional information concerning factors that could cause actual results to differ materially from those in the forward-looking statements is contained in the company's Annual Report on Form 10-K and other periodic reports filed with the Securities and Exchange Commission. CONTACT: Sara Kabakoff , Senior Vice President – Chief Content Officer, (626) 788-5578, skabakoff@are.com View original content to download multimedia: https://www.prnewswire.com/news-releases/alexandria-real-estate-equities-inc-declares-cash-dividend-of-1-32-per-common-share-for-4q24--an-increase-of-2-cents-over-3q24--and-an-aggregate-of-5-19-per-common-share-for-2024--an-increase-of-23-cents-or-5-percent-over-20--302326267.html SOURCE Alexandria Real Estate Equities, Inc.
SAN FRANCISCO, Dec. 09, 2024 (GLOBE NEWSWIRE) -- Serve Robotics Inc. SERV , a leading embodied AI and automation company, today announced the appointment of Lily Sarafan to its Board of Directors (the "Board"). Sarafan is an accomplished leader with nearly 20 years of experience in entrepreneurship, executive leadership and board governance. She is co-founder and former chief executive of TheKey, one of the largest and most trusted in-home care provider networks, where she serves as executive chair. Sarafan currently serves on the boards of Instacart, Thumbtack and Kyo as well as on the board of trustees of Stanford University. She has been recognized as an EY Entrepreneur of the Year, a Fortune 40 Under 40, Women Health Care Executives' Woman of the Year, and a Henry Crown Fellow of the Aspen Institute. Sarafan holds an M.S. in Management Science and Engineering and a B.S. in Science, Technology, and Society from Stanford University. "We look forward to welcoming Lily as an independent member of the Board. Her extensive leadership experience, particularly in home services and on-demand delivery, will be invaluable as Serve continues to expand our market presence and shape the future of delivery and automation," said Ali Kashani, Chairman of Serve's Board . About Serve Robotics Serve Robotics develops advanced, AI-powered, low-emissions sidewalk delivery robots that endeavor to make delivery sustainable and economical. Spun off from Uber in 2021 as an independent company, Serve has completed tens of thousands of deliveries for enterprise partners such as Uber Eats and 7-Eleven. Serve has scalable multi-year contracts, including a signed agreement to deploy up to 2,000 delivery robots on the Uber Eats platform across multiple U.S. markets. For further information about Serve Robotics SERV , please visit www.serverobotics.com or follow us on social media via X (Twitter) , Instagram , or LinkedIn @serverobotics. Forward Looking Statements This press release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. Serve intends such forward-looking statements to be covered by the safe harbor provisions for forward-looking statements contained in Section 21E of the Exchange Act. These forward-looking statements can be about future events, including statements regarding Serve's intentions, objectives, plans, expectations, assumptions and beliefs about future events, including Serve's expectations with respect to the financial and operating performance of its business, its capital position, and future growth. The words "anticipate", "believe", "expect", "project", "predict", "will", "forecast", "estimate", "likely", "intend", "outlook", "should", "could", "may", "target", "plan" and other similar expressions can generally be used to identify forward-looking statements. Indications of, and guidance or outlook on, future earnings or financial position or performance are also forward-looking statements. Any forward-looking statements in this press release are based on management's current expectations of future events and are subject to a number of risks and uncertainties that could cause actual results to differ materially and adversely from those set forth in or implied by such forward-looking statements. Risks that contribute to the uncertain nature of the forward-looking statements include those risks and uncertainties set forth in Serve's Annual Report on Form 10-K for the year ended December 31, 2023, filed with the United States Securities and Exchange Commission (the "SEC") and in its subsequent filings filed with the SEC. All forward-looking statements contained in this press release speak only as of the date on which they were made. Serve undertakes no obligation to update such statements to reflect events that occur or circumstances that exist after the date on which they were made. Contacts Media Aduke Thelwell, Head of Communications & Investor Relations Serve Robotics press@serverobotics.com Investor Relations investor.relations@serverobotics.com A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/bdd098f8-8c80-462f-bc1b-c1f2095ed307 © 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
PASADENA, Calif. , Dec. 9, 2024 /PRNewswire/ -- Alexandria Real Estate Equities, Inc. (NYSE: ARE) today announced that its Board of Directors declared a quarterly cash dividend of $1.32 per common share for the fourth quarter of 2024. The dividend is payable on January 15, 2025 to stockholders of record on December 31, 2024 . The common stock dividend for the year ending December 31, 2024 of $5.19 per common share represents an increase of 23 cents , or 5 percent, over the year ended December 31, 2023 . The dividend allows the company to share its continued high-quality, strong and increasing net cash provided by operating activities with its common stockholders while retaining a significant portion for reinvestment into its pipeline of new Class A/A+ development and redevelopment projects. For the five-year period ending December 31, 2024 , the company expects to generate for reinvestment an aggregate $2.1 billion of net cash provided by operating activities after dividends. 1 Additionally, its dividend payout ratio (quarterly common stock dividends divided by quarterly funds from operations) remains favorably low at 55 percent for the three months ended September 30, 2024. Growth in the company's net cash provided by operating activities continues to generate opportunities to increase the company's quarterly cash dividend per common share while maintaining a low FFO payout ratio. 1 Net cash provided by operating activities after dividends (i) excludes timing differences such as changes in operating assets and liabilities and (ii) includes deductions for distributions to the company's consolidated real estate joint venture partners. Amount represents the years ended December 31, 2020 through 2023 and the midpoint of the company's 2024 guidance range as provided on October 21, 2024. About Alexandria Real Estate Equities, Inc. Alexandria Real Estate Equities, Inc. (NYSE: ARE), an S&P 500 ® company, is a best-in-class, mission-driven life science REIT making a positive and lasting impact on the world. As the pioneer of the life science real estate niche with our founding in 1994, Alexandria is the preeminent and longest-tenured owner, operator and developer of collaborative Megacampus TM ecosystems in AAA life science innovation cluster locations, including Greater Boston , the San Francisco Bay Area , San Diego , Seattle , Maryland , Research Triangle and New York City . For more information, please visit www.are.com . This press release includes "forward-looking statements" within the meaning of the federal securities laws. Actual results might differ materially from those projected in the forward-looking statements. Additional information concerning factors that could cause actual results to differ materially from those in the forward-looking statements is contained in the company's Annual Report on Form 10-K and other periodic reports filed with the Securities and Exchange Commission. CONTACT: Sara Kabakoff , Senior Vice President – Chief Content Officer, (626) 788-5578, skabakoff@are.com View original content to download multimedia: https://www.prnewswire.com/news-releases/alexandria-real-estate-equities-inc-declares-cash-dividend-of-1-32-per-common-share-for-4q24--an-increase-of-2-cents-over-3q24--and-an-aggregate-of-5-19-per-common-share-for-2024--an-increase-of-23-cents-or-5-percent-over-20--302326267.html SOURCE Alexandria Real Estate Equities, Inc.Britain, Germany, France, Italy and several other European countries said Monday they would freeze all pending asylum requests from Syrians, a day after the ouster of president Bashar al-Assad. While Berlin and other governments said they were watching the fast-moving developments in the war-ravaged nation, Austria signalled it would soon deport refugees back to Syria. Far-right politicians elsewhere made similar demands, including in Germany -- home to Europe's largest Syrian community -- at a time when immigration has become a hot-button issue across the continent. Alice Weidel, of the anti-immigration Alternative for Germany, reacted with disdain to Sunday's mass rallies by jubilant Syrians celebrating Assad's downfall. "Anyone in Germany who celebrates 'free Syria' evidently no longer has any reason to flee," she wrote on X. "They should return to Syria immediately." World leaders and Syrians abroad watched in disbelief at the weekend as Islamist-led rebels swept into Damascus, ending Assad's brutal rule while also sparking new uncertainty. A German foreign ministry spokesman pointed out that "the fact that the Assad regime has been ended is unfortunately no guarantee of peaceful developments" in the future. Germany has taken in almost one million Syrians, with most arriving in 2015-16 under ex-chancellor Angela Merkel. Interior Minister Nancy Faeser said many Syrian refugees "now finally have hope of returning to their Syrian homeland" but cautioned that "the situation in Syria is currently very unclear". The Federal Office for Migration and Refugees had imposed a freeze on decisions for ongoing asylum procedures "until the situation is clearer". She added that "concrete possibilities of return cannot yet be predicted and it would be unprofessional to speculate in such a volatile situation". Rights group Amnesty International slammed Germany's freeze on asylum decisions, stressing that for now "the human rights situation in the country is completely unclear". The head of the UN refugee agency also cautioned that "patience and vigilance" were needed on the issue of refugee returns. In Austria, where about 100,000 Syrians live, conservative Chancellor Karl Nehammer instructed the interior ministry "to suspend all ongoing Syrian asylum applications and to review all asylum grants". Interior Minister Gerhard Karner added he had "instructed the ministry to prepare an orderly repatriation and deportation programme to Syria". "The political situation in Syria has changed fundamentally and, above all, rapidly in recent days," the ministry said, adding it is "currently monitoring and analysing the new situation". The French interior ministry said it too would put asylum requests from Syrians on hold, with authorities in Belgium, the Netherlands, Switzerland, Denmark, Sweden and Norway announcing similar moves. Britain's interior ministry said it was taking the same measure "whilst we assess the current situation". The Italian government said late Monday after a cabinet meeting that it too was suspending asylum request "in line with other European partners." The leader of the far-right Sweden Democrats, a coalition partner in the government, said residence permits for Syrian refugees should now be "reviewed". "Destructive Islamist forces are behind the change of power" in Syria, wrote their leader Jimmie Akesson on X. "I see that groups are happy about this development here in Sweden. You should see it as a good opportunity to go home." In Greece, a government spokesman voiced hope that Assad's fall will eventually allow "the safe return of Syrian refugees" to their country, but without announcing concrete measures. In Germany, the debate gained momentum as the country heads towards February elections. Achim Brotel, president of a grouping of German communes, called for border controls to stop fleeing Assad loyalists reaching Germany. The centre-right opposition CDU suggested that rejected Syrian asylum-seekers should now lose so-called subsidiary protection. "If the reason for protection no longer applies, then refugees will have to return to their home country," CDU legislator Thorsten Frei told Welt TV. CDU MP Jens Spahn suggested that Berlin charter flights to Syria and offer 1,000 euros ($1,057) to "anyone who wants to return". A member of Chancellor Olaf Scholz's Social Democrats criticised the debate as "populist and irresponsible". Greens party deputy Anton Hofreiter also said "it is completely unclear what will happen next in Syria" and deportation talk was "completely out of place". Many Syrians in Germany have watched the events in their home country with great joy but prefer to wait and see before deciding whether to return. "We want to go back to Syria," said Mahmoud Zaml, 25, who works in an Arabic pastry shop in Berlin, adding that he hopes to help "rebuild" his country. "But we have to wait a bit now," he told AFP. "We have to see what happens and if it is really 100 percent safe, then we will go back to Syria." burs-fz/rlp/phz/gv/giv
West Ham show support for hospitalized Antonio before Premier League matchOur community members are treated to special offers, promotions and adverts from us and our partners. You can check out at any time. More info Spaghetti bolognese is a staple in many UK households, beloved for its scrumptious flavour and straightforward preparation. Yet, Michelin-starred chef Paul Foster has suggested we've been omitting an essential component - milk. The proprietor of the acclaimed Salt eatery in Stratford Upon Avon has divulged his exclusive recipe for the Italian staple. In a clip posted on his social media, he queried his audience: "Are you adding milk to your bolognese? If not, why not? If you want the best results based on authenticity, then follow my method – [this is] how to cook bolognese properly." Paul, who's active on TikTok under the handle @paulfosterchef, pleased his fans by revealing his detailed cooking instructions. "This recipe is based on my culinary knowledge, my nostalgia and also my experiences with the original recipes in Bologna [where the dish originated]." Join the Daily Record's WhatsApp community here and get the latest news sent straight to your messages. He details that the foundation of the dish is key, beginning with a 'sofrito', which includes finely chopped onions, celery, and peeled carrots. These are prepared separately, while thyme is minced and garlic is grated, reports the Mirror . All these components are subsequently combined in a pan with hot olive oil and a liberal dash of salt. The initial step involves softly sautéing the onions, celery, and carrots for roughly three to four minutes without browning them. Following this, the minced thyme and grated garlic are added and cooked for about two more minutes, also without allowing them to brown. Firstly, set your cooked vegetables aside. Next, in the same pan, brown equal quantities of minced beef and pork over a high heat, stirring constantly. Once the meat is cooked through, pour in a generous amount of robust red wine and let it simmer until reduced. Then, stir in tomato puree, followed by the earlier prepared vegetables, some top-notch tinned tomatoes and chicken stock. Paul advises, "It's going to be quite wet so you want to cook this gently for about three hours to reduce it and concentrate it so it becomes thick and glossy." For a personal twist, he suggests adding milk—"This gives it that creaminess without adding cream – honestly, this is a game changer. Stir that in for a while and then check it for seasoning." Don't miss the latest news from around Scotland and beyond - Sign up to our daily newsletter here.
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