Boston Properties Files 8-K on Financial Results & Condition
Ticker: BXP · Form: 8-K · Filed: 2024-01-30T00:00:00.000Z
Sentiment: neutral
Topics: earnings, financial-results, 8-K, real-estate
TL;DR
**BXP just dropped an 8-K on financial results, time to check the numbers!**
AI Summary
Boston Properties, Inc. (BXP) and Boston Properties Limited Partnership filed an 8-K on January 30, 2024, to report their financial results and condition. This filing, under Items 2.02 and 9.01, indicates that the companies are disclosing their latest operational performance. For investors, this matters because it provides crucial, up-to-date information on the company's financial health, which can influence stock price and future investment decisions.
Why It Matters
This filing provides investors with the latest financial performance data for Boston Properties, allowing them to assess the company's health and make informed investment decisions.
Risk Assessment
Risk Level: low — This 8-K is a routine disclosure of financial results and does not inherently signal new risks, but rather provides data to assess existing ones.
Analyst Insight
A smart investor would review the full financial statements and exhibits referenced in this 8-K to understand the detailed results of operations and financial condition, as this summary only indicates the filing occurred.
Key Numbers
- 001-13087 — SEC File Number (Identifies Boston Properties, Inc.'s registration with the SEC.)
- 000-50209 — SEC File Number (Identifies Boston Properties Limited Partnership's registration with the SEC.)
- 20240130 — Filing Date (The date the 8-K was filed, indicating the recency of the information.)
- 617-236-3300 — Business Phone (Contact number for the registrants.)
Key Players & Entities
- BOSTON PROPERTIES INC (company) — registrant of the 8-K filing
- BOSTON PROPERTIES LIMITED PARTNERSHIP (company) — co-registrant of the 8-K filing
- January 30, 2024 (date) — date of earliest event reported and filing date
- Delaware (company) — state of incorporation for both registrants
- 1-13087 (dollar_amount) — Commission File Number for Boston Properties, Inc.
- 0-50209 (dollar_amount) — Commission File Number for Boston Properties Limited Partnership
FAQ
What is the purpose of this 8-K filing by Boston Properties, Inc.?
This 8-K filing, dated January 30, 2024, is made pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934 and specifically reports on 'Results of Operations and Financial Condition' under Item 2.02 and 'Financial Statements and Exhibits' under Item 9.01.
Which entities are named as registrants in this 8-K filing?
The exact names of the registrants as specified in their charters are BOSTON PROPERTIES, INC. and BOSTON PROPERTIES LIMITED PARTNERSHIP.
What is the state of incorporation for both Boston Properties, Inc. and Boston Properties Limited Partnership?
Both BOSTON PROPERTIES, INC. and BOSTON PROPERTIES LIMITED PARTNERSHIP are incorporated in Delaware.
What is the business address listed for the registrants in this filing?
The business address for both registrants is 800 Boylston Street, Suite 1900, Boston, Massachusetts 02199.
What are the Commission File Numbers for the two registrants?
Boston Properties, Inc. has a Commission File Number of 1-13087, and Boston Properties Limited Partnership has a Commission File Number of 0-50209.
Filing Stats: 697 words · 3 min read · ~2 pages · Grade level 10.3 · Accepted 2024-01-30 16:54:17
Key Financial Figures
- $0.01 — roperties, Inc. Common Stock, par value $0.01 per share BXP New York Stock Exchange
Filing Documents
- bxp-20240130.htm (8-K) — 37KB
- q42023supplemental.htm (EX-99.1) — 4314KB
- q42023pressrelease.htm (EX-99.2) — 265KB
- a290300binneya.jpg (GRAPHIC) — 1209KB
- bxp-color.gif (GRAPHIC) — 5KB
- bxp-colora.gif (GRAPHIC) — 5KB
- chart-0858ce3da0744b8aa56a.jpg (GRAPHIC) — 66KB
- chart-560db75ae6204adc87fa.jpg (GRAPHIC) — 78KB
- chart-7a938e5709bf4ec5a5ba.jpg (GRAPHIC) — 106KB
- chart-edadd2ff61b24f93bf9a.jpg (GRAPHIC) — 65KB
- chart-f7b164684ac844288b8a.jpg (GRAPHIC) — 79KB
- 0001656423-24-000003.txt ( ) — 7254KB
- bxp-20240130.xsd (EX-101.SCH) — 3KB
- bxp-20240130_def.xml (EX-101.DEF) — 14KB
- bxp-20240130_lab.xml (EX-101.LAB) — 28KB
- bxp-20240130_pre.xml (EX-101.PRE) — 15KB
- bxp-20240130_htm.xml (XML) — 4KB
02. Results of Operations and Financial Condition
Item 2.02. Results of Operations and Financial Condition. The information in this Item 2.02 - "Results of Operations and Financial Condition" is being furnished. Such information, including Exhibits 99.1 and 99.2 hereto, shall not be deemed "filed" for any purpose, including for the purposes of Section 18 of the Securities Exchange Act of 1934, as amended (the "Exchange Act"), or otherwise subject to the liabilities of that Section. The information in this Item 2.02, including Exhibits 99.1 and 99.2, shall not be deemed incorporated by reference into any filing under the Securities Act of 1933, as amended, or the Exchange Act regardless of any general incorporation language in such filing. On January 30, 2024, Boston Properties, Inc. (the "Company"), the general partner of Boston Properties Limited Partnership, issued a press release announcing its financial results for the fourth quarter and full year ended 2023. That press release referred to certain supplemental information that is available on the Company's website. The text of the supplemental information and the press release are attached hereto as Exhibits 99.1 and 99.2, respectively, and are incorporated by reference herein.
01. Financial Statements and Exhibits
Item 9.01. Financial Statements and Exhibits. (d) Exhibits. Exhibit No. Description *99.1 Boston Properties, Inc. Supplemental Operating and Financial Data for the quarter ended December 31, 2023. *99.2 Press release dated January 30, 2024. *101.SCH Inline XBRL Taxonomy Extension Schema Document. *101.LAB Inline XBRL Taxonomy Extension Label Linkbase Document. *101.PRE Inline XBRL Taxonomy Extension Presentation Linkbase Document. *101.DEF Inline XBRL Taxonomy Extension Definition Linkbase Document. *104 Cover Page Interactive Data File (formatted as Inline XBRL with applicable taxonomy extension information contained in Exhibits 101.*). ______________ * Filed herewith.
SIGNATURES
SIGNATURES Pursuant to the requirements of the Securities Exchange Act of 1934, the registrants have duly caused this report to be signed on their behalf by the undersigned hereunto duly authorized. BOSTON PROPERTIES, INC. By: /s/ MICHAEL E. LABELLE Michael E. LaBelle Executive Vice President, Chief Financial Officer and Treasurer BOSTON PROPERTIES LIMITED PARTNERSHIP By: Boston Properties, Inc., its General Partner By: /s/ MICHAEL E. LABELLE Michael E. LaBelle Executive Vice President, Chief Financial Officer and Treasurer Date: January 30, 2024