Boston Properties revenue drops in Q2 due to Covid-19 impacts

Boston Properties revenue drops in Q2 due to Covid-19 impacts

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Boston Properties posted a substantial drop in earnings for its first full quarter since the coronavirus pandemic hit the U.S., as the public health crisis led to a drop in the firm's rental income and parking revenue. The Boston publicly traded real estate investment trust, one of Greater Washington's largest commercial real estate owners, posted funds from operations (FFO) of $236.9 million for the three months ended June 30, down 14.3% from $276.3 million for the same period in 2019. Funds from…

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