Want to see BXP full AI Analyst Report?
Occupancy Rate
Measures the share of leasable space that is currently occupied, a direct indicator of demand for BXP’s office properties and near-term cash flow stability. Rising occupancy signals stronger tenant demand and pricing leverage, while falling occupancy warns of rent concessions, higher tenant-acquisition costs, and potential pressure on distributions.Occupancy has shifted from pandemic-era weakness into sustained recovery and management says Q2 leasing materially outpaced expectations, allowing them to capture most of a targeted occupancy improvement and raise guidance—validating the FFO upgrade and reinvestment into high‑return developments. Investors should weigh that operational momentum against near‑term headwinds: elevated TI/free‑rent and higher leasing CapEx will compress cash AFFO this year, and remaining vacancy is concentrated in a few assets, so earnings growth may lead cash flow before stabilization completes.
Date | Occupancy Rate |
|---|---|
Sep 30, 2026 | 85.40 |
Jun 30, 2026 | 84.80 |
Mar 31, 2026 | 73.70 |
Dec 31, 2025 | 78.70 |
Sep 30, 2025 | 82.80 |
Jun 30, 2025 | 82.80 |
Mar 31, 2025 | 74.90 |
Dec 31, 2024 | 77.20 |
Sep 30, 2024 | 82.70 |
Jun 30, 2024 | 80.60 |