Investor FAQ

What is Hudson Pacific Properties’ (HPP) business?

Hudson Pacific Properties (HPP) is a vertically integrated real estate company focused on acquiring, repositioning, developing and operating high-quality office and state-of-the-art media and entertainment properties in select West Coast markets. HPP invests across the risk-return spectrum, favoring opportunities where it can employ leasing, capital investment and management expertise to create additional value. Founded in 2006 as Hudson Capital, the company went public in 2010, electing to be taxed as a real estate investment trust. Through the years, HPP has strategically assembled a portfolio totaling over 17 million square feet, including land for development, in high-growth, high-barrier-to-entry submarkets throughout Northern and Southern California and the Pacific Northwest. The company is a leading provider of design-forward, next-generation workspaces for a variety of tenants, with a focus on Fortune 500 and industry-leading growth companies, many in the technology, media and entertainment sectors. As a long-term owner, HPP prioritizes tenant satisfaction and retention, providing highly-customized build-outs and working proactively to accommodate tenants’ growth. HPP trades as a component of the Russell 2000® and the Russell 3000® indices.

back to top

Where are HPP’s offices located?

HPP is headquartered in Los Angeles with regional offices in San Francisco, Silicon Valley and Seattle.

back to top

What properties does HPP own?

Click here to view HPP’s properties.

back to top

What is HPP’s ticker symbol, exchange and CUSIP?

The company’s ticker symbol is HPP, and its common stock trades on the New York Stock Exchange with a CUSIP number of 444097109.

back to top

When was HPP established? When did the company go public?

Founded in 2006 as Hudson Capital, the company went public on June 29, 2010, electing to be taxed as a real estate investment trust (REIT) and selling 12.8 million shares of common stock at $17.00 per share.

back to top

What is a REIT?

A real estate investment trust, or REIT, is a company that owns, and, in most cases, operates income-producing real estate. Some REITs, called mortgage REITs, also engage in financing real estate. To qualify as a REIT, a company must have most of its assets and income tied to real estate investment and must distribute at least 90% of its taxable income to shareholders annually in the form of dividends. A company that qualifies as a REIT is permitted to deduct dividends paid to its shareholders from its corporate taxable income. Taxes are paid by shareholders on the dividends received and any capital gains.

back to top

What is HPP’s fiscal year end? When will the next earnings release be issued?

HPP has a December 31 fiscal year-end. The company’s quarterly earnings reports are expected to be issued roughly six weeks following the end of the quarter and two months after the year end.

back to top

When are dividends paid?

Dividends are a function of the company’s profitability. If HPP declares a dividend, it will be paid quarterly.

back to top

What is an ex-dividend date?

In order to receive a dividend payment, HPP’s stock must be purchased before the ex-dividend date. Typically, this is two trading days before the stock record date, which will be announced via press release when the company declares a dividend.

back to top

What is HPP’s expected dividend yield?

HPP has not provided dividend or dividend yield targets.

back to top

How do I receive HPP news and information?

Sign up here to receive automatic email notification of the company’s news releases, closing stock prices, documents, SEC filings and events.

back to top

Who is HPP’s independent auditing firm?

Ernst & Young LLP

back to top

What is Funds From Operations (FFO)?

FFO is a non-GAAP measure calculated as GAAP net income, excluding gains or losses from sales of property, plus the depreciation of real estate.

back to top

Who is HPP’s transfer agent?

Computershare serves as HPP’s transfer agent and may be reached at 250 Royall Street, Canton, MA 02021 or by phone at (800) 962-4284.

back to top

How can I purchase HPP stock?

For more information on purchasing HPP stock, please contact the company’s transfer agent or visit a licensed brokerage firm.

back to top

Who should I contact with additional questions about HPP?

Laura Campbell
Vice President, Head of Investor Relations
Phone: (310) 445-5700
ir@hudsonppi.com

back to top