BXP expects $18 million Q2 impairment charge tied to planned Sumner Square sale

BXP Inc

BXP Inc

BXP

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  • BXP expects a non-cash impairment loss of about $18 million in Q2 2026 tied to a planned sale of its Sumner Square property in Washington, D.C.
  • The writedown reflects carrying value exceeding expected net proceeds from a $63 million gross purchase price agreement signed May 27, 2026.
  • The impairment is expected to cut Q2 and full-year 2026 diluted net income by about $0.10 per share.
  • No impact expected on Funds from Operations.


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