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Alexandria Real Estate reports Q4 same property net operating growth 4.7%
The Fly

Alexandria Real Estate reports Q4 same property net operating growth 4.7%

Reports same property net operating income growth: 4.7% for Q4, representing the third-highest growth in Company history; 6.6% for 2022 over 2021, with both increases representing the highest growth in Company history. FY22 same property growth outperformed our 10-year averages of 3.6% and 6.7% (cash basis) as a result of an increase in same property occupancy of 100 bps and early lease renewals that commenced in late 2021/early 2022.

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