Hudson Pacific Properties, Inc.: insider trades · United States · SEC (Form 4)

About Hudson Pacific Properties, Inc.

Hudson Pacific Properties, Inc. (NYSE: HPP) is a U.S.-listed real estate investment trust headquartered in Los Angeles, California, United States. For French-speaking investors, the company stands out as a specialized office and studio real estate platform focused on the intersection of workplace real estate and media production infrastructure. Hudson Pacific describes itself as a provider of end-to-end real estate solutions for tech and media tenants, combining acquisition, development, redevelopment, leasing, and property operations across amenitized office space and production studios. Founded in 2006, Hudson Pacific built its portfolio around major West Coast gateway markets and other innovation-driven hubs, with a strong presence in Northern and Southern California, as well as Seattle and selected Canadian markets such as Vancouver. This geographic strategy gives the company exposure to high-barrier, supply-constrained submarkets that are closely tied to technology clusters and content-production ecosystems. That positioning can be a competitive advantage, but it also means the company is highly sensitive to office-market cycles, tenant demand from technology customers, and broader capital-market conditions. Operationally, Hudson Pacific’s core business lines are office properties and studio assets. The office portfolio typically targets collaborative, highly amenitized, sustainable environments designed for technology occupiers and other innovation-led tenants. The studio platform adds another layer of specialization, serving film, television, streaming, and media-production users that require soundstages and related production facilities. In practical terms, the company’s revenue model is driven primarily by rental income, leasing activity, asset repositioning, and selective development or disposition decisions aimed at improving portfolio quality and long-term cash flow. From a competitive standpoint, Hudson Pacific competes with high-quality office REITs, institutional owners of premier coastal assets, and niche studio operators. Its differentiator is the combination of tech-and-media specialization, a West Coast footprint, and an integrated real-estate operating platform. The opportunity is to capture demand from tenants that value location, flexibility, and specialized facilities. The key risks are the same ones that typically affect office REITs: occupancy, renewal spreads, tenant credit quality, interest-rate sensitivity, and access to capital. Recent developments matter materially. In 2025, Hudson Pacific completed a $600 million public offering, used part of the proceeds to strengthen its balance sheet, and announced a 1-for-7 reverse stock split effective December 1, 2025. In its fourth-quarter 2025 update, the company said it signed 2.2 million square feet of office leases during the year and highlighted improved liquidity and a more resilient capital structure. It also completed Sunset Pier 94 Studios in Manhattan and reported substantial initial leasing there, with roughly 90% of the facility leased early in operations. These actions suggest a company that is actively reshaping its portfolio, improving financial flexibility, and positioning itself for a more stable operating profile on the NYSE in the United States.