Earnings ·
Hudson Pacific Properties reported second quarter 2026 financial results on August 5, 2026, raising its full-year Core…
HPPHudson Pacific Properties, Inc.
Hudson Pacific Properties reported second quarter 2026 financial results on August 5, 2026, raising its full-year Core FFO guidance to $1.12–$1.20 per diluted share from $1.10–$1.18. The company achieved in-service office occupancy of 82.5%, up 470 basis points year-over-year, and executed 1.3 million square feet of office leases, including a landmark 891,000-square-foot agreement with the City and County of San Francisco at 1455 Market with a weighted average term of 24 years. Core FFO grew 30% to $0.35 per diluted share, while same-store cash NOI increased 7.5% to $90.2 million. The Board declared and paid a quarterly dividend of $0.296875 per share on the 4.750% Series C cumulative preferred stock. Hudson Pacific Properties is a real estate investment trust that owns, operates, and develops office and studio properties primarily for technology and media tenants.