BXP, Inc. (NYSE: BXP), the largest publicly traded developer, owner, and manager of premier workplaces in the United States, is hosting its Triennial Investor Day today, Monday, September 8^th in New York, New York. Owen Thomas – Chairman & CEO, Douglas Linde – President, and Michael LaBelle – Chief Financial Officer, as well as other members of BXP’s senior leadership team from across the company, will provide a detailed overview of the company’s strategic priorities, long-term growth objectives, and funding plans.  They will highlight how BXP is uniquely positioned to both grow its FFO per share and deleverage to expand its capacity for future investment by:

• Growing occupancy by capitalizing on BXP’s portfolio of premier workplaces across gateway markets.
• Delivering developments that are well leased and positioned in their markets as premier assets.
• Selling non-core assets to raise funds for development and deleverage with minimal dilution.
• Resetting the dividend enabling reinvestment in growth and enhancing balance sheet strength.
• Securing private equity partnerships on select assets to complement other funding sources and increase investment yields.

As part of this strategy, BXP’s Board of Directors declared a quarterly cash dividend of $0.70 per share of common stock for the period July 1, 2025 to September 30, 2025, payable on October 31, 2025 to shareholders of record as of the close of business on September 30, 2025.

The dividend reset allows BXP to retain approximately $50.0 million in incremental cash each quarter, which BXP intends to strategically reinvest in our development projects, including 343 Madison Avenue in New York, New York, as well as strengthen future earnings power and support longer-term growth. This reset of $0.28 per share from the previous quarterly dividend amount of $0.98 per share is expected to more closely align BXP’s dividend with its taxable income.

BXP will provide additional details regarding its capital allocation strategy, as well as an update on its near- and long-term strategies and other business and financial matters during the meeting which commences at 10AM this morning.  A live webcast of the conference can be accessed by registering through this dedicated link or in the Investors section of BXP’s website. A replay of the webcast will be also available in the Investors section of BXP’s website shortly after the conference concludes.

BXP, Inc. (NYSE: BXP) is the largest publicly traded developer, owner, and manager of premier workplaces in the United States, concentrated in six dynamic gateway markets - Boston, Los Angeles, New York, San Francisco, Seattle, and Washington, DC. BXP has delivered places that power progress for our clients and communities for more than 50 years.  BXP is a fully integrated real estate company, organized as a real estate investment trust (REIT).  As of June 30, 2025, including properties owned by unconsolidated joint ventures, BXP’s portfolio totaled 53.7 million square feet and 186 properties, including ten properties under construction/redevelopment. For more information about BXP, please visit our website or follow us on LinkedIn or Instagram.

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