BOSTON-Analyst Amy Young of NY-based Deutsche Bank Alex. Brown initiated coverage of Boston Properties, Inc., a real estate investment trust, with a strong buy investment rating on the shares.

Young’s recommendation is based on Boston Properties’ $1.3 billion development pipeline, its conservatively managed balance sheet and its high quality assets in high barrier to entry markets such as New York, Boston, San Francisco and Washington, DC.

“Our focus in 2000 has been the convergence of real estate and technology,” says Young in a statement. “Based upon our research we believe that real estate and an Internet infrastructure are becoming inextricably linked since a wired real estate platform creates intangible value for customers, and thereby its shareholders. Currently, Boston Properties is cautiously working to converge real estate and technology, and we view its moves positively and as an additional catalyst to move the stock price higher.”

Within the past three years, Duetsche Bank Securities Inc. or its wholly owned subsidiary, DB Alex. Brown LLC, has managed or co-managed a public offering of Boston Properties.

Want to continue reading?
Become a Free ALM Digital Reader.

Once you are an ALM digital member, you’ll receive:

  • Unlimited access to GlobeSt and other free ALM publications
  • Access to 15 years of GlobeSt archives
  • Your choice of GlobeSt digital newsletters and over 70 others from popular sister publications
  • 1 free article* every 30 days across the ALM subscription network
  • Exclusive discounts on ALM events and publications

*May exclude premium content
Already have an account?


© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.


Join GlobeSt

Don't miss crucial news and insights you need to make informed commercial real estate decisions. Join now!

  • Free unlimited access to's trusted and independent team of experts who provide commercial real estate owners, investors, developers, brokers and finance professionals with comprehensive coverage, analysis and best practices necessary to innovate and build business.
  • Exclusive discounts on ALM and GlobeSt events.
  • Access to other award-winning ALM websites including and

Already have an account? Sign In Now
Join GlobeSt

Copyright © 2024 ALM Global, LLC. All Rights Reserved.