Boston Properties Inc.

Boston Properties, Inc. (BXP) is a publicly traded real estate investment trust (REIT) that owns, develops and manages predominantly Class A office buildings in major US gateway markets. With a market capitalisation of about $11.4 billion, BXP’s portfolio is concentrated in cities such as Boston, New York, San Francisco, Washington, D.C., and Los Angeles. The company generates cash flow mainly from long-term leases with corporate tenants, and its performance depends on occupancy, rental rates, leasing activity and the health of the office market. Key investor considerations include sensitivity to economic cycles, changes in office demand (including hybrid working trends), and interest-rate movements that affect financing costs and valuation multiples. BXP may undertake development and redevelopment projects that can add value but also raise execution and capital risks. This summary is educational and not personal financial advice; investors should assess suitability against their goals, risk tolerance and time horizon, and consider consulting a financial professional.