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BXP records $911.4 million in Q3 revenue through asset sales and new developments

CRE Daily · ·by G4L

BXP
BXP BXP Inc
$65.01 -0.35%
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  1. 1BXP recorded Q3 revenue of $911.4 million, achieving a 4.6% revenue growth rate for the third quarter.
  2. 2BXP recorded $1.37 billion in completed asset sales toward its $1.9 billion asset sale target.
  3. 3CEO Owen Thomas stated that development yields will be higher than acquisition yields.

So what's the key point?

BXP generated $911.4 million in revenue during the third quarter. The company is focusing on building new structures while raising funds by selling assets.

Source CRE Daily · View original ↗

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