Boston Properties (BXP) experienced several fluctuations in recent quarters. Despite missing Q1 FFO estimates, the company maintained a growing occupancy of its Boston-area buildings and strong leasing momentum into 2025. Deutsche Bank AG holds $70.61 million in the company, which recently completed an acquisition of 725 12th Street in Washington, DC and upsized its unsecured credit facility to $2.95 billion. Wedbush issued Q2 earnings estimates, and BXP reported Q1 earnings providing key metrics. Piper Sandler reaffirmed their buy rating. New developments include trophy office plans in DC and a joint venture for waterfront development in Jersey City. They also acquired a downtown DC office and a former Hines office, while pre-leasing five floors to a major law firm. Despite facing challenges, BXP reports strong leasing and a 25% YoY increase in leasing activity in Q3. They also announced a 2024 tax treatment of its distributions and released a 2024 sustainability report. Regardless of the minor setback from a Q1 earnings miss and a stock price hitting a 52-week low, the company remains strong with strategic moves and growth signals for long-term value creation.
Boston Properties BXP News Analytics from Tue, 22 Jun 2021 07:00:00 GMT to Fri, 16 May 2025 10:58:53 GMT -
Rating 5
- Innovation 6
- Information 9
- Rumor -6
