BOSTON--(BUSINESS WIRE)--BXP, Inc. (NYSE: BXP), the largest publicly traded developer, owner, and manager of premier workplaces in the United States, announced today that its operating partnership, Boston Properties Limited Partnership (“BPLP”), has (1) amended its existing unsecured revolving credit facility to extend its maturity date and increase its revolver borrowing capacity by $250 million to $2.25 billion, (2) extended its $700 million unsecured term loan facility, and (3) increased the.
Boston Properties offers a 5.7% dividend yield, with properties in prime locations, making it attractive despite challenges in the office real estate market. Office space demand has declined, but high-quality A locations remain stable, presenting opportunities as BXP leases to financially strong Fortune 500 clients. Rising interest rates and debt refinancing pose risks, but potential rate cuts and stable rental income could improve financials and investor confidence.
BOSTON--(BUSINESS WIRE)--BXP, Inc. (NYSE: BXP), the largest publicly traded developer, owner, and manager of premier workplaces in the United States, announced today that its Board of Directors declared a regular quarterly cash dividend of $0.98 per share of common stock for the period January 1, 2025 to March 31, 2025, payable on April 30, 2025 to shareholders of record as of the close of business on March 31, 2025. BXP, Inc. (NYSE: BXP) is the largest publicly traded developer, owner, and man.
To boost its residential portfolio, BXP collaborates with CrossHarbor Capital, Albanese Organization and its partner to develop a $400M residential unit.
NEW YORK--(BUSINESS WIRE)--BXP (NYSE: BXP), the largest publicly traded developer, owner, and manager of premier workplaces in the United States, today announced that on March 5, 2025, it completed the formation of a joint venture to develop 290 Coles Street, a full-block, 1.75 acre site between Coles Street, Jersey Avenue, and 16th and 17th Streets in Jersey City, New Jersey. The property will be developed into a 670-unit market-rate residential project offering panoramic views of the Hudson R.
Boston Properties (BXP) reported earnings 30 days ago. What's next for the stock?
BOSTON--(BUSINESS WIRE)--BXP, Inc. (NYSE: BXP), the largest publicly traded developer, owner, and manager of premier workplaces in the United States, announced today that Owen Thomas – Chairman & Chief Executive Officer, Doug Linde – President and Mike LaBelle – Chief Financial Officer, will participate in a roundtable discussion at the 2025 Citi Global Property CEO Conference, which will be held at the Diplomat Resort & Spa from March 2-5, 2025, in Hollywood, Florida. BXP's presentatio.
BXP is set to gain from a premium office portfolio, a diverse tenant base, strong lab asset demand and a healthy balance sheet despite high supply.
BXP, Inc. (NYSE:BXP ) Q4 2024 Earnings Call Transcript January 29, 2025 10:00 AM ET Company Participants Helen Han - Vice President, Investor Relations Owen Thomas - Chairman and Chief Executive Officer Doug Linde - President and Director Mike LaBelle - Executive Vice President, Chief Financial Officer and Treasurer Rodney Diehl - Executive Vice President, West Coast Regions Jake Stroman - Executive Vice President, Co Head of the Washington, DC Region Hilary Spann - Executive Vice President, New York Region Bryan Koop - Executive Vice President, Boston Region Conference Call Participants Steve Sakwa - Evercore ISI Andrew Berger - Bank of America Alexander Goldfarb - Piper Sandler John Kim - BMO Capital Markets Nick Yulico - Scotiabank Michael Goldsmith - UBS Floris Dijkum - Compass Point LLC Michael Griffin - Citi Richard Anderson - Wedbush Securities Blaine Heck - Wells Fargo Caitlin Burrows - Goldman Sachs Upal Rana - KeyBanc Capital Markets Dylan Burzinski - Green Street Michael Lewis - Truist Securities Omotayo Okusanya - Deutsche Bank Jamie Feldman - Wells Fargo Operator Good day. And thank you for standing by.
Strong leasing activity in the fourth quarter of 2024 highlights healthy demand for BXP's properties.
BXP's Q4 FFO per share matches estimates. Results reflect higher revenues amid healthy leasing activity.
While the top- and bottom-line numbers for Boston Properties (BXP) give a sense of how the business performed in the quarter ended December 2024, it could be worth looking at how some of its key metrics compare to Wall Street estimates and year-ago values.