Boston Properties, Inc.

NYSE:BXP   3:59:54 PM EDT
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Other Pre-Announcement

Boston Properties, CPP Investments And GIC Announce Office Co-Investment Program For Future Acquisitions

Published: 07/14/2021 11:46 GMT
Boston Properties, Inc. (BXP) - Boston Properties, Cpp Investments and Gic Announce Office Co-investment Program for Future Acquisitions.
Boston Properties Inc - Partners Have Targeted $1.0 Billion of Equity to Program, With Bxp and Cpp Each Allocating $250 Million and Gic Allocating $500 Million.
Boston Properties Inc - Partnership Expects to Employ Leverage Allowing for an Initial Investment Capacity of Approximately $2.0 Billion.
Boston Properties Inc - Over Next 2 Years Bxp Will Provide Cpp and Gic With Exclusive First Offers to Form Jv to Invest in Acquisition Opportunities.
Boston Properties Inc - Co, Cpp Investments and Gic Announced That They Have Established a Co-investment Program for Future Acquisitions in U.S.