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Boston Properties logs 15.4% YOY rise in Q1 FFO per share

May 01, 2019 - SNL Real Estate Daily

Boston Properties Inc. disclosed first-quarter funds from operations attributable to company common shareholders of $266.0 million, or $1.72 per share, a rise of 15.4% on a per-share basis from $230.6 million, or $1.49 per share, in the corresponding 2018 period.

The company attributed the increase mainly to higher lease revenue from the completion of development projects and improvements from its in-service portfolio.

The S&P Global Market Intelligence consensus FFO-per-share estima...