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VNORP - Boston Properties: Clues From Insider Deals
Vornado Realty Trust 6.50 conv pfd ser A
A funny thing happens in real estate. When it comes back, it comes back up like gangbusters. - Barbara Corcoran
Boston Properties (BXP) is an efficiently managed, high-quality office REIT that is getting roughed up by the COVID-19 disruption. The company will have to pass through many uncertainties in 2020–21 that have the potential to impact its revenue, profits, and market price.
Though BXP’s management team has risen up to the COVID-19 challenge and moved smartly to help tenants and protect its income, there’s no doubt that its rental income will fall in