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BXP, Inc. - BXP STOCK NEWS

Welcome to our dedicated page for BXP news (Ticker: BXP), a resource for investors and traders seeking the latest updates and insights on BXP stock.

Boston Properties, Inc. (BXP), established in 1970 by Mortimer B. Zuckerman and Edward H. Linde, is a self-administered and self-managed real estate investment trust (REIT). The company is renowned as one of the largest owners, managers, and developers of premium office properties in the United States. With its headquarters in Boston, the company maintains significant operational presence in key markets including Boston, New York, San Francisco, and Washington, D.C.

Listed as a public company since June 1997, Boston Properties has built an impressive portfolio of over 190 properties, encompassing approximately 53 million rentable square feet. The company's properties are primarily first-class office spaces, but also include a hotel, two residential properties, and five retail properties. These assets are strategically located in central business districts (CBDs) and suburban office centers across major cities such as New York, Boston, San Francisco, Los Angeles, Seattle, and the Washington, D.C. region.

Boston Properties is distinguished by its in-house building management expertise and a strong reputation for responsiveness to tenants' needs. The company’s full-service regional offices play a vital role in acquiring, developing, and managing properties, ensuring high-quality service and maintenance. The company's development track record includes premium CBD office buildings and suburban office centers, contributing to its high standing in the real estate market.

Recent achievements and current projects highlight Boston Properties' commitment to sustainability and innovative design. The company continuously seeks opportunities to enhance its property portfolio and further strengthen its market position through strategic partnerships and developments.

Financially, Boston Properties maintains a robust balance sheet and a disciplined approach to capital allocation. This financial stability supports its ongoing growth initiatives and provides a strong foundation for future opportunities.

Stay informed with the latest updates and relevant information about Boston Properties’ performance, events, and developments by visiting StockTitan regularly.

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BXP, the largest developer of premier workplaces in the US, released its 2023 Sustainability & Impact Report. Highlights include carbon-neutrality target by 2025, retrocommissioning 9M sq ft for energy optimization, new solar generation capacity, $750M Green Bonds issuance, and climate tech investment. The report emphasizes sustainability, social impact, and governance, showcasing BXP's commitment to measurable impact and positive outcomes for stakeholders.
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BXP (NYSE: BXP) will release financial results for Q1 2024 on April 30, 2024. A conference call and webcast will be held on May 1, 2024, to discuss the results and provide updates.
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BXP completes sale of 45% interest in 290 Binney Street to Norges Bank Investment Management, reducing development spend by $533.5 million. The property is a 16-story life sciences development in Cambridge, Massachusetts, leased to AstraZeneca. NBIM's investment values the joint venture at $1.66 billion.
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Boston Properties, Inc. (NYSE: BXP) declares a quarterly cash dividend of $0.98 per share for the period January 1, 2024 to March 31, 2024. BXP is a leading developer, owner, and manager of premier workplaces in the US, with a portfolio of 53.3 million square feet across six gateway markets.
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BXP (NYSE: BXP) announced its participation in the 2024 Citi Global Property CEO Conference. The company's executives will discuss various business and financial matters affecting BXP. The presentation will be live-streamed and available for replay on the company's website.
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BXP (NYSE: BXP) executives to present at 2024 BofA Securities Financial Services Conference in Miami Beach, Florida. The presentation will cover operating environment, trends, development activities, and financial matters.
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Boston Properties, Inc. (BXP) exceeded full year 2023 guidance for EPS and FFO, reporting a 5% increase in revenue to $828.9 million for Q4. Executed more than 1.5 million square feet of leases in Q4 and approximately 4.2 million square feet in 2023. Net income of $119.9 million, or $0.76 per diluted share, for Q4. Provided guidance for Q1 2024 EPS of $0.66 - $0.68 and FFO of $1.72 - $1.74 per diluted share, and full year 2024 EPS of $2.26 - $2.46 and FFO of $7.00 - $7.20 per diluted share.
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BXP (NYSE: BXP) has announced a ten-year, approximately 467,000 square foot, multi-building lease extension with Snap Inc. at Santa Monica Business Park. The lease extension signifies Snap's commitment to the area and the park's appeal to high-profile technology and entertainment companies.
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Boston Properties, Inc. (BXP) announced the 2023 tax treatment of distributions on shares of its common stock. The total distribution per share for 2023 is $4.900000, with $3.038757 being taxable ordinary dividends. Shareholders are encouraged to consult with their personal tax advisors for specific tax treatment. The company also provided a breakdown of the distribution for each payment date in 2023.
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Boston Properties (BXP) to Release Q4 and Full Year 2023 Financial Results
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FAQ

What is the current stock price of BXP (BXP)?

The current stock price of BXP (BXP) is $72.73 as of January 22, 2025.

What is the market cap of BXP (BXP)?

The market cap of BXP (BXP) is approximately 11.5B.

What does Boston Properties, Inc. do?

Boston Properties, Inc. is a real estate investment trust that owns, manages, and develops premium office properties in key U.S. markets.

Where is Boston Properties, Inc. headquartered?

Boston Properties, Inc. is headquartered in Boston, Massachusetts.

In which cities does Boston Properties, Inc. have a significant presence?

Boston Properties, Inc. has a significant presence in Boston, New York, San Francisco, Los Angeles, Seattle, and Washington, D.C.

What types of properties are in Boston Properties, Inc.'s portfolio?

Boston Properties, Inc.'s portfolio primarily includes first-class office spaces, but also features a hotel, two residential properties, and five retail properties.

When did Boston Properties, Inc. become a public company?

Boston Properties, Inc. went public in June 1997.

How many properties does Boston Properties, Inc. own?

Boston Properties, Inc. owns over 190 properties.

How much rentable square footage is managed by Boston Properties, Inc.?

Boston Properties, Inc. manages approximately 53 million rentable square feet.

What makes Boston Properties, Inc. stand out in the real estate market?

Boston Properties, Inc. is known for its in-house building management expertise, responsiveness to tenants' needs, and a strong track record in developing premium office buildings.

What are recent achievements of Boston Properties, Inc.?

Recent achievements of Boston Properties, Inc. include strategic acquisitions and developments, focusing on sustainability and innovative design.

How does Boston Properties, Inc. maintain financial stability?

Boston Properties, Inc. maintains financial stability through a robust balance sheet and disciplined capital allocation, supporting its growth initiatives.
BXP, Inc.

NYSE:BXP

BXP Rankings

BXP Stock Data

11.55B
157.77M
0.22%
103.88%
4.33%
REIT - Office
Real Estate Investment Trusts
Link
United States of America
BOSTON