Boston Properties (BXP) Reports Strong Q3 2026 Earnings with Increased FFO Guidance
Boston Properties (BXP) reported third-quarter 2026 results that exceeded management guidance, driven by higher occupancy rates and service income. Funds From Operations (FFO) per share reached $1.89, surpassing the midpoint of previous projections. Consequently, the company raised its full-year 2026 FFO guidance to a range of $7.06 to $7.08 per share. The company demonstrated strong leasing momentum, particularly in premier markets like Midtown Manhattan and Washington D.C., with net rent spreads reaching 9.3%. Portfolio occupancy rose to 89.4%, surpassing year-end targets. Despite these successes, management noted headwinds including interest rate volatility affecting asset repricing and shifting demand dynamics in the West Los Angeles media sector.
Tickers: $BXP
Topics: Asset dispositions FFO per share Leasing activity NOI growth Occupancy rates
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Part of the story Cousins Properties Reports Strong Q3 2026 Growth with Increased FFO and Rent Roll-ups (8 articles)