Market Watch (Free subscription) | 06/05/2009
BOSTON (MarketWatch) -- Boston Properties Inc. on Friday priced a public offering of 15 million shares at $50 each. The real estate investment trust plans to raise about $731.9 million for general business purposes, potentially including investment opportunities and debt reduction. Boston Properties shares closed Thursday at $53.01 a share. Market Pulse Stories are Rapid-fire, short news bursts on...
Financial24 (Free subscription) | 04/30/2009
NEW YORK, April 30 - Boston Properties Inc said on Thursday it may cut its dividend to about 50 cents per quarter to retain cash and strengthen its balance sheet. The owner of signature office bu
Boston Globe (Free subscription) | 03/12/2009
Moody's Investors Service said Thursday it affirmed several of its ratings for Boston Properties Inc. and a subsidiary, but revised its outlook on the office real estate investment trust to negative, citing weakening prospects in the office market and the lingering credit crunch.
Market Watch (Free subscription) | 02/06/2009
SAN FRANCISCO (MarketWatch) -- Boston Properties Inc. said late Friday it will suspend construction of a project at 250 West 55th Street in New York City because it is unable to close a lease with a major yet unnamed law firm. Suspension of the project will lower the real estate investment trust's capital commitments through 2011 by about $450 million. Market Pulse Stories are Rapid-fire, short news...
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