Connecticut-based H/2 Credit Manager has initiated a new $18.09 million position in Boston Properties (NYSE:BXP), acquiring 268,110 shares. This move comes despite Boston Properties’ stock underperforming the S&P 500 significantly over the past year, reflecting investor skepticism about the office real estate market. The Article also provides an overview of Boston Properties, highlighting its status as the largest publicly held developer and owner of Class A office properties in the U.S., and discusses the implications of this transaction for investors.
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Fund Takes New $18 Million Position in Boston Properties Stock Despite 10% One-Year Slide
Connecticut-based H/2 Credit Manager has initiated a new $18.09 million position in Boston Properties (NYSE:BXP), acquiring 268,110 shares. This move comes despite Boston Properties’ stock underperforming the S&P 500 significantly over the past year, reflecting investor skepticism about the office real estate market. The Article also provides an overview of Boston Properties, highlighting its status as the largest publicly held developer and owner of Class A office properties in the U.S., and discusses the implications of this transaction for investors.