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Boston Properties lower on forecast

Boston Properties’ Mortimer Zuckerman. Boston Properties’ Mortimer Zuckerman. (Andrew Harrer/ Bloomberg News/ File 2008)
October 29, 2009

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Shares of Boston Properties Inc. , the biggest US office real estate investment trust, fell after the company forecast fourth-quarter earnings will be below analysts’ estimates. The firm projected funds from operations of $4 to $4.20 a share for 2010 and $1.04 to $1.06 for the fourth quarter. Analysts estimated $1.08 for the quarter. US office vacancies hit a five-year ... (Full article: 109 words)

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