BXP Inc
BXP: XNYS (USA)
Morningstar Rating for Stocks | Fair Value | Economic Moat | Capital Allocation |
---|---|---|---|
$17.00 | Qlzgf | Rnvvhklv |
BXP's Valuation Remains Appealing Even Though Office Sector Recovery Will Take Several Years
Business Strategy and Outlook
BXP develops, owns, and manages Class A office properties that are mainly concentrated in six markets: Boston, Los Angeles, New York, San Francisco, Seattle, and Washington, D.C. It owns over 180 properties consisting of approximately 53 million rentable square feet of space. The company has positioned itself to benefit from the burgeoning life sciences sector, as it owns approximately 5.3 million square feet of life sciences space and has significant potential for future development here.