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Hudson Pacific Properties Inc   (NYSE: HPP)
Other Ticker:  
 
    Sector  Services    Industry Real Estate Operations
   Industry Real Estate Operations
   Sector  Services
 
Price: $3.1600 $0.00 0.000%
Day's High: $3.32 Week Perf: 0.64 %
Day's Low: $ 3.09 30 Day Perf: 7.85 %
Volume (M): 3,096 52 Wk High: $ 8.96
Volume (M$): $ 9,783 52 Wk Avg: $5.05
Open: $3.13 52 Wk Low: $2.39



 Market Capitalization (Millions $) 446
 Shares Outstanding (Millions) 141
 Employees 758
 Revenues (TTM) (Millions $) 856
 Net Income (TTM) (Millions $) -297
 Cash Flow (TTM) (Millions $) 20
 Capital Exp. (TTM) (Millions $) 226

Hudson Pacific Properties Inc
Hudson Pacific Properties Inc. (HPP) is a real estate investment trust (REIT) based in Los Angeles, California, that focuses on acquiring, developing, and operating office and studio properties in coastal markets in the United States. The company was founded in 2006 by Victor Coleman, a veteran real estate executive, and its current CEO is Mark Lammas. HPP operates in both Northern and Southern California as well as in the Pacific Northwest.

HPP has a diverse portfolio of properties, including office buildings, studios, and media-related properties. The company's portfolio includes properties like 333 Market Street, a Class A office tower in the heart of San Francisco's Financial District, and Sunset Bronson Studios, a state-of-the-art production facility in Hollywood. HPP's assets are primarily concentrated in high-growth, high-barrier-to-entry markets that are characterized by strong job and population growth and high demand for premium office and studio space.

HPP's investment strategy is grounded in a focus on creating value through a combination of capitalizing on market inefficiencies, unlocking development potential, and leveraging its deep industry relationships. The company has a strong track record of executing complex redevelopment and renovation projects and has an experienced in-house team of professionals with expertise in all aspects of real estate development, from design and construction to leasing and property management.

In addition to its focus on high-quality properties, HPP is also committed to sustainable and environmentally responsible business practices. The company has implemented a variety of green initiatives across its portfolio, including the installation of solar panels, the use of energy-efficient lighting, and the implementation of water-saving measures. This commitment to sustainability has earned HPP recognition as a leader in ESG (Environmental, Social, and Governance) practices within the real estate industry.

Overall, Hudson Pacific Properties Inc. is a well-respected real estate investment trust with a strong presence in the high-growth, high-demand coastal markets of California and the Pacific Northwest. With a focus on creating value through a combination of market inefficiencies, development potential, and strong relationships, as well as a commitment to sustainable business practices, HPP is well-positioned for long-term success.


   Company Address: 11601 Wilshire Blvd., Ninth Floor Los Angeles 90025 CA
   Company Phone Number: 445-5700   Stock Exchange / Ticker: NYSE HPP


   

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Business Update

Hudson Pacific Properties Embraces Strategic Realignment with Los Angeles Asset Sale Amidst Evolving Market Dynamics...

Published Sat, Jan 25 2025 7:56 PM UTC

'Navigating Shifts: Hudson Pacific Properties Liquidates Los Angeles Asset Amid Strategic Recalibration'In a noteworthy maneuver within Los Angeles' dynamic real estate landscape, Hudson Pacific Properties, Inc. (NYSE: HPP) has divested its interest in a non-core office holding.'The Maxwell, an emblematic property nestled in the burgeoning Los Angeles Arts District, was sold...

Business Update

Hudson Pacific Properties Navigating Market Challenges Amid Strategic Divestitures

Published Wed, Dec 11 2024 7:02 PM UTC

In a significant stride towards refining its operational focus, Hudson Pacific Properties, Inc. (NYSE: HPP), a distinguished provider of comprehensive real estate solutions tailored for the tech and media sectors, has consummated the sale of a non-core office asset located in Palo Alto. The property, situated at 3176 Porter, was sold for an impressive $24.8 million, exclusiv...

Business Update

Hudson Pacific Properties Suspends Common Stock Dividend and Declares Preferred Stock Dividend

Published Tue, Sep 10 2024 1:47 PM UTC

Strategic Shift: Hudson Pacific Properties Halts Common Stock Dividend and Emboldens Preferred StockholdersIn a pivotal move reflecting its adaptive strategies in an evolving real estate market, Hudson Pacific Properties, Inc. (NYSE: HPP) announced today that it is suspending its quarterly dividend on common stock, starting with the third quarter dividend that was scheduled...

Hudson Pacific Properties Inc

Hudson Pacific Properties Inc. Reports Significant Increase in Net Loss for First Quarter Fiscal Year Ending March 31, 2024

Hudson Pacific Properties Inc. is a real estate company that specializes in providing end-to-end solutions for tech and media tenants. The company recently announced its first quarter financial results for the fiscal year ending March 31, 2024. During this period, the company reported a net loss of $53.355 million, which is higher than the loss of $14.817 million reported in the previous year.
The company's losses per share have also increased from $0.14 per share in the previous year to $0.37 per share in the current fiscal year. However, there is some positive news as well, with the earnings per share improving from $0.70 in the previous reporting season to -$0.70 in the current season.

Dividend

Hudson Pacific Properties Reinstates Dividend Amid Stock Decline: What Investors Need to Know

Published Fri, Mar 8 2024 2:00 PM UTC

Hudson Pacific Properties Reinstates Common Stock Dividend Amid Stock Decline
LOS ANGELES - Hudson Pacific Properties, Inc. (NYSE: HPP) announced that its Board of Directors has reinstated a dividend for the first quarter of 2024 on its common stock of $0.05 per share. This move comes as the company s stock declined by 0% in March 2024 so far, bringing the share price do...







Hudson Pacific Properties Inc's Segments
Office    83.31 % of total Revenue
Studio    16.69 % of total Revenue





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