, Analysts at UBS upgrade Boston Properties (BXP) from "sell" to "neutral" 
Share:  <span class="sent">, Analysts at <span class="analyst">UBS</span> upgrade Boston Properties (<span class="company">BXP</span>) from "sell" to "neutral"</span> Tweet this 

We plan no immediate change to our opinion of Boston Properties BXP , following its release of fourth quarter and full year results that were largely in line with our expectations. This office real estate investment trust saw deterioration in its financial results in the fourth quarter, and we expect weakness to continue throughout 2010, at least For the quarter and on a year over year basis, Boston Properties' revenue fell 34% and its earnings before interest, taxes, depreciation and amortization fell 66% (We reclassify some non operating items the firm includes in revenue and expenses to get a better picture of its property operating performance) 
Share:  <span class="sent">We plan no immediate change to our opinion of <span class="company">Boston</span> Properties BXP , following its release of fourth quarter and full year results that were largely in line with our expectations. </span> This office real estate investment trust saw deterioration in its financial results in the fourth quarter, and we expect weakness to continue throughout 2010, at least For the quarter and on a year over year basis, <span class="company">Boston</span> Properties' revenue fell 34% and its earnings before interest, taxes, depreciation and amortization fell 66% (We reclassify some non operating items the firm includes in revenue and expenses to get a better picture of its property operating performance) Tweet this 

Boston Properties Inc ( BXP , Analyst Report ), one of the leading real estate investment trusts, reported strong fourth quarter 2009 results with FFO (funds from operations) of $146.1 million or $1.04 per share compared to ($0.6) million or ($0.01) per share in the year earlier quarter. Funds from operations, a widely used metric to gauge the performance of REITs, are obtained after adding depreciation and amortization and other non cash expenses to net income For full fiscal 2009, Boston Properties reported an FFO of $6063 million or $459 per share compared to $4038 million or $333 per share in fiscal 2008 
Share:  <span class="sent"><span class="company">Boston</span> Properties Inc ( BXP , Analyst Report ), one of the leading real estate investment trusts, reported strong fourth quarter 2009 results with FFO (funds from operations) of $146.1 million or $1.04 per share compared to ($0.6) million or ($0.01) per share in the year earlier quarter. </span> Funds from operations, a widely used metric to gauge the performance of REITs, are obtained after adding depreciation and amortization and other non cash expenses to net income For full fiscal 2009, <span class="company">Boston</span> Properties reported an FFO of $6063 million or $459 per share compared to $4038 million or $333 per share in fiscal 2008 Tweet this 

Edward H. Linde, a founder of one of the largest real estate investment trusts in the nation — and the behind the scenes partner of Mortimer B. Zuckerman — died on Sunday in Boston, The New York Times's Dennis Hevesi reported. He was 68 and lived in Weston, Mass The cause was complications of pneumonia, said Arista Joyner, a spokeswoman for Boston Properties , the company Mr Linde and Mr Zuckerman started in 1970 
Share:  <span class="sent">Edward H. Linde, a founder of one of the largest real estate investment trusts in the nation — and the behind the scenes partner of Mortimer B. Zuckerman — died on Sunday in <span class="company">Boston</span>, The New York Times's Dennis Hevesi reported. </span> He was 68 and lived in Weston, Mass The cause was complications of pneumonia, said Arista Joyner, a spokeswoman for <span class="company">Boston</span> Properties , the company Mr Linde and Mr Zuckerman started in 1970 Tweet this 

, Analysts at UBS upgrade Boston Propeties (BXP) from "sell" to "neutral.".  
Share:  <span class="sent">, Analysts at <span class="analyst">UBS</span> upgrade Boston Propeties (<span class="company">BXP</span>) from "sell" to "neutral.". </span> Tweet this 

The REIT was projected to report FFO of $1.10, according to the average estimate of 15 analysts in a Bloomberg survey. The results run counter to the broader U.S office market, where vacancies rose to a five year high in the third quarter, according to property research firm Reis Inc. Boston Properties' focus on high end buildings such as New York's Citigroup Center and San Francisco's Embarcadero Center means it will have an easier time leasing space, said Jordan Sadler, a REIT analyst with Keybanc Capital Markets Inc. "Tenants want the nicest space at the best value," he said. "Boston Properties is going to be able to steal tenancy away from lower quality buildings if they're willing to price aggressively." Sadler has a "hold" rating on the stock. 
Share:  The REIT was projected to report FFO of $1.10, according to the average estimate of 15 analysts in a Bloomberg survey. <span class="sent"> The results run counter to the broader U.S office market, where vacancies rose to a five year high in the third quarter, according to property research firm Reis Inc. <span class="company">Boston</span> Properties' focus on high end buildings such as New York's Citigroup Center and San Francisco's Embarcadero Center means it will have an easier time leasing space, said <span class="analyst">Jordan Sadler</span>, a REIT analyst with Keybanc Capital Markets Inc. </span> "Tenants want the nicest space at the best value," he said. "<span class="company">Boston</span> Properties is going to be able to steal tenancy away from lower quality buildings if they're willing to price aggressively." Sadler has a "hold" rating on the stock. ...The REIT was projected to report FFO of $1.10, according to the average estimate of 15 analysts in a Bloomberg survey. <span class="sent"> The results run counter to the broader U.S office market, where vacancies rose to a five year high in the third quarter, according to property research firm Reis Inc. <span class="company">Boston</span> Properties' focus on high end buildings such as New York's Citigroup Center and San Francisco's Embarcadero Center means it will have an easier time leasing space, said <span class="analyst">Jordan Sadler</span>, a REIT analyst with Keybanc Capital Markets Inc. </span> "Tenants want the nicest space at the best Tweet this 

Boston Properties ( BXP , Analyst Report ) reported strong third quarter results with FFO (funds from operations) of $158.5 million or $1.13 per share compared to $132.5 million or $1.09 per share in the year earlier quarter. Funds from operations, a widely used metric to gauge the performance of REITs, is obtained after adding depreciation and amortization and other non cash expenses to net income. During the quarter, Boston Properties placed in service a 235,000 net rentable square feet Class A office property in Reston, Virginia. 
Share:  <span class="sent"><span class="company">Boston Properties</span> ( BXP , Analyst Report ) reported strong third quarter results with FFO (funds from operations) of $158.5 million or $1.13 per share compared to $132.5 million or $1.09 per share in the year earlier quarter. </span> Funds from operations, a widely used metric to gauge the performance of REITs, is obtained after adding depreciation and amortization and other non cash expenses to net income. During the quarter, <span class="company">Boston Properties</span> placed in service a 235,000 net rentable square feet Class A office property in Reston, Virginia. Tweet this 

Boston Properties Inc ( BXP , Analyst Report ), a real estate investment trust (REIT), has recently raised net proceeds of approximately $694 million by selling 5.875% senior unsecured notes due 2019. The debt offering was managed by Bank of America Securities LLC, the investment banking arm of Bank of America Corp ( BAC , Analyst Report ), Citigroup Global Markets Inc., the brokerage and securities arm of Citigroup Inc ( C , Analyst Report ) and Deutsche Bank Securities Inc., the U.S investment banking and securities arm of the German banking colossus Deutsche Bank AG ( DB , Analyst Report ). The senior unsecured notes were priced at 99.931% of the principal amount to yield 5.884% to maturity. 
Share:  <span class="sent"><span class="company">Boston</span> Properties Inc ( BXP , Analyst Report ), a real estate investment trust (REIT), has recently raised net proceeds of approximately $694 million by selling 5.875% senior unsecured notes due 2019. </span> The debt offering was managed by Bank of America Securities LLC, the investment banking arm of Bank of America Corp ( BAC , Analyst Report ), Citigroup Global Markets Inc., the brokerage and securities arm of Citigroup Inc ( C , Analyst Report ) and Deutsche Bank Securities Inc., the U.S investment banking and securities arm of the German banking colossus Deutsche Bank AG ( DB , Analyst Report ). The senior unsecured notes were priced at 99.931% of the principal amount to yield 5.884% to maturity. Tweet this 

, Boston Properties Inc ( BXP 61.60 , 0.28 , 0.45% ) and Equity Residential ( EQR 28.62 , 0.28 , 0.97% ) . The fund's dividend yield currently tops 4%. "The credit crisis, in particular, has shaken the foundation of REITs," said Morningstar analyst Scott Burns in a profile of the fund. He said the companies are "highly leveraged and have little cash on hand" because they're required to pay out at least 90% of their annual earnings to shareholders as dividends. "REITs are currently enduring the perfect storm: a lack of credit and weak economic fundamentals," Burns said. 
Share:  , <span class="company">Boston</span> Properties Inc ( BXP 61.60 , 0.28 , 0.45% ) and Equity Residential ( EQR 28.62 , 0.28 , 0.97% ) . <span class="sent"> The fund's dividend yield currently tops 4%. "The credit crisis, in particular, has shaken the foundation of REITs," said Morningstar analyst <span class="analyst">Scott Burns</span> in a profile of the fund. </span> He said the companies are "highly leveraged and have little cash on hand" because they're required to pay out at least 90% of their annual earnings to shareholders as dividends. "REITs are currently enduring the perfect storm: a lack of credit and weak economic fundamentals," Burns said. Tweet this