Boston Properties, an office real estate investment trust that calls itself the largest publicly traded owner of workplaces in the U.S., has agreed to sell a 45% interest in two of its life science development properties in Cambridge, Massachusetts, to Norges Bank Investment Management, which manages investment funds for the government of Norway.
Norges Bank Buys Into Pair of Boston-Area Life Sciences Properties
Commitment Values Boston Properties' Buildings in Cambridge, Massachusetts, at Level Lower Than 2021-22 Deals
CoStar News
November 14, 2023 | 8:07 P.M.
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IN THIS ARTICLE
- Companies
- BXP, Inc.
Real Estate
- Norges Bank
Finance and Insurance
- Contacts
- Dominic DeNunzio
Senior Investment Manager, Norges Bank Investment Management
- Owen Thomas
Chairman and Chief Executive Officer, BXP, Inc.