boston propertiesReal estate investment trust Boston Properties Inc. reported $40.8 million net income for the first quarter ended March 31, a decrease compared to the $52.7 million reported during the same time last year.

Funds from operations (FFO) for the first quarter were $160 million, an increase compared to the $149.6 million FFO for the same time last year, according to a statement.

Boston Properties Q1 Net Income Falls, FFO Rises

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