Jefferies Increases BXP 2011/2012 Estimates

Jefferies is increasing its Boston Properties (NYSE: BXP) 2011 and 2012 FFO per share estimates to $4.56 and $4.88 from $4.40 and $4.85, respectively. The increased FFO largely reflects the reduction in interest costs from debt refinancing and higher occupancy.

Boston Properties closed Monday at $94.69.