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home / articles / reit firm boston properties divests 45 stake in two mwn benzinga

BXP - REIT Firm Boston Properties Divests 45% Stake In Two Massachusetts Properties For $1.66B | Benzinga

Boston Properties Inc.

Boston Properties Inc (NYSE: BXP) inked a deal with Norges Bank Investment Management to divest its 45% stake in two life sciences development properties at Kendall Square, Cambridge (Massachusetts) for a gross value of around $1.66 billion (or $2,050 per square foot).

Norges Bank Investment Management invested $746.4 ...

Full story available on Benzinga.com
Stock Information
Company Name: Boston Properties Inc.
Stock Symbol: BXP
Market: NYSE
Website: bostonproperties.com
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