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

"Our focus in 2000 has been the convergence of real estate andtechnology," says Young in a statement. "Based upon our research webelieve that real estate and an Internet infrastructure arebecoming inextricably linked since a wired real estate platformcreates intangible value for customers, and thereby itsshareholders. Currently, Boston Properties is cautiously working toconverge real estate and technology, and we view its movespositively and as an additional catalyst to move the stock pricehigher."

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