Slide of Boston Properties mirrors other REITs

11/18/2008 | American City Business Journals

Boston Properties, which has seen its share price slide from more than $100 to about $60 in just two months, illustrates recent woes for the typical REIT. "There's nothing you can do about your stock price," said Doug Linde, president of Boston Properties. Linde said the REIT is doing everything it can to solidify its position and weather the downturn.

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