BXP Announces 2025 Tax Treatment of Its Distributions

BOSTON--(BUSINESS WIRE)--Jan. 20, 2026-- BXP (NYSE: BXP), the largest publicly traded developer, owner, and manager of premier workplaces in the United States, announced today the 2025 tax treatment of distributions on shares of its common stock, as described below. Shareholders are encouraged to consult with their personal tax advisors as to the specific tax treatment to them of these distributions.

Common Shares (CUSIP #101121101)

Record
Date

Payment Date

Total Distribution per Share

Total Distribution Allocable to 2025

2025 Taxable Ordinary Dividends

2025 Qualified Dividends (1)

2025 Short-term Capital Gain (1)

2025 Total Capital Gain Distribution (2)

2025 Unrecaptured Section 1250 Gain (3)

2025 Section 199A Dividends (1)

12/31/2024

1/30/2025

$0.980000

$0.980000

$0.632289

$0.006089

$0.001784

$0.347711

$0.195532

$0.624416

3/31/2025

4/30/2025

$0.980000

$0.980000

$0.632289

$0.006089

$0.001784

$0.347711

$0.195532

$0.624416

6/30/2025

7/31/2025

$0.980000

$0.980000

$0.632289

$0.006089

$0.001784

$0.347711

$0.195532

$0.624416

9/30/2025

10/31/2025

$0.700000

$0.700000

$0.451635

$0.004349

$0.001274

$0.248365

$0.139666

$0.446012

12/31/2025

1/29/2026

$0.700000

$0.000871

$0.000562

$0.000005

$0.000001

$0.000309

$0.000174

$0.000556

 

$4.340000

$3.640871

$2.349064

$0.022621

$0.006627

$1.291807

$0.726436

$2.319816

 

100%

64.5193%

35.4807%

 

(1) These amounts are a subset of, and included in, the 2025 Taxable Ordinary Dividend amounts.

(2) These amounts are also reported as Section 897 gains attributable to dispositions of USRPIs. In addition, for purposes of Section 1061 of the Internal Revenue Code, 100% of the distributions reported as 2025 Total Capital Gain Distributions are from sales of assets that either generated Section 1231 gains or were held for more than 3 years. Section 1061 is generally applicable to direct and indirect holders of “applicable partnership interest.”

(3) Unrecaptured Section 1250 Gain is a subset of, and included in, the 2025 Total Capital Gain Distribution amount.

The entire common stock distribution with a record date of December 31, 2024, is allocable to 2025 for federal income tax purposes. The common stock distribution with a record date of December 31, 2025, will be a split-year distribution with $0.000871 allocable to 2025 for federal income tax purposes and $0.699129 allocable to 2026 for federal income tax purposes.

ABOUT BXP
BXP, Inc. (NYSE: BXP) is the largest publicly traded developer, owner, and manager of premier workplaces in the United States, concentrated in six dynamic gateway markets -Boston, Los Angeles, New York, San Francisco, Seattle, and Washington, DC. BXP has delivered places that power progress for our clients and communities for more than 55 years. BXP is a fully integrated real estate company, organized as a real estate investment trust (REIT). As of December 31, 2025, BXP’s portfolio, including properties owned by unconsolidated joint ventures, totaled 52.9 million square feet and 180 properties, including seven properties under construction or redevelopment. For more information, visit www.bxp.com or follow us on LinkedIn or Instagram.

AT BXP

Mike LaBelle
Executive Vice President
Chief Financial Officer and Treasurer
mlabelle@bxp.com

Michael Walsh
Senior Vice President
Chief Accounting Officer
mwalsh@bxp.com

Source: BXP