Hudson Pacific Properties

FIFTH WALL CLOSES OUT STRONG 2023; PROMOTING 10 OF ITS TEAM MEMBERS AND ADDING 14 NEW COMPANIES TO ITS PORTFOLIO

Retrieved on: 
Tuesday, January 30, 2024

NEW YORK, Jan. 30, 2024 /PRNewswire/ -- Fifth Wall—the largest asset manager focused on improving, future-proofing, and decarbonizing the built world—announced that at the end of 2023, the Firm closed an additional $340M into its climate strategy on top of the $500M raised into its inaugural Climate Fund. Additionally, the Firm promoted 10 of its team members and added 14 new portfolio companies. Fifth Wall now has more than 110 strategic Limited Partners across 20 countries—approximately 300 investors worldwide—and in excess of 145 portfolio companies, maintaining its stance as the largest fund to invest globally in Built World Technology, including Property Technology (PropTech) and Climate Technology (Climate Tech).

Key Points: 
  • Additionally, the Firm promoted 10 of its team members and added 14 new portfolio companies.
  • "Fifth Wall helped define PropTech as an investment category and continues to meaningfully drive the sector's growth.
  • Fifth Wall now holds more than 110 PropTech portfolio companies, including Industrious , VERO , VTS , Neighbor , Bilt Rewards , Tailorbird , and WiredScore , amongst others.
  • Fifth Wall is proud to congratulate the following team member on their key 2024 promotions →

SHAREHOLDER ALERT: Pomerantz Law Firm Investigates Claims On Behalf of Investors of Hudson Pacific Properties, Inc.- HPP

Retrieved on: 
Tuesday, November 14, 2023

NEW YORK, Nov. 14, 2023 (GLOBE NEWSWIRE) -- Pomerantz LLP is investigating claims on behalf of investors of Hudson Pacific Properties, Inc. (“Hudson Pacific” or the “Company”) (NYSE: HPP).

Key Points: 
  • NEW YORK, Nov. 14, 2023 (GLOBE NEWSWIRE) -- Pomerantz LLP is investigating claims on behalf of investors of Hudson Pacific Properties, Inc. (“Hudson Pacific” or the “Company”) (NYSE: HPP).
  • The investigation concerns whether Hudson Pacific and certain of its officers and/or directors have engaged in securities fraud or other unlawful business practices.
  • Founded by the late Abraham L. Pomerantz, known as the dean of the class action bar, Pomerantz pioneered the field of securities class actions.
  • The Firm has recovered billions of dollars in damages awards on behalf of class members.

Hudson Pacific Appoints Michael Nash to Board of Directors

Retrieved on: 
Thursday, December 7, 2023

Hudson Pacific Properties, Inc. (NYSE: HPP), a unique provider of end-to-end real estate solutions for tech and media tenants, today announced that Michael Nash has been appointed to the company’s Board of Directors effective January 1, 2024.

Key Points: 
  • Hudson Pacific Properties, Inc. (NYSE: HPP), a unique provider of end-to-end real estate solutions for tech and media tenants, today announced that Michael Nash has been appointed to the company’s Board of Directors effective January 1, 2024.
  • Nash will succeed outgoing board member Richard “Rocky” Fried, who will retire from the company’s Board at the end of the year.
  • Nash is the Co-Founder and Chairman of Blackstone Real Estate Debt Strategies.
  • He also served on Hudson Pacific’s Board of Directors from 2015 to 2019.

Hudson Pacific Reaffirms Leadership in Sustainability with Industry-Wide Recognitions

Retrieved on: 
Wednesday, December 6, 2023

Hudson Pacific’s achievements in 2023 reflect our continued commitment to leadership in sustainability through our Better Blueprint platform,” said Natalie Teear, Senior Vice President of Innovation, Sustainability and Social Impact.

Key Points: 
  • Hudson Pacific’s achievements in 2023 reflect our continued commitment to leadership in sustainability through our Better Blueprint platform,” said Natalie Teear, Senior Vice President of Innovation, Sustainability and Social Impact.
  • Hudson Pacific wins 2023 Nareit Leader in the Light: Office Award
    Nareit selected Hudson Pacific as the recipient of a 2023 Leader in the Light Award, the organization’s highest sustainability achievement for office and other property sector REITs.
  • This is the second consecutive year Hudson Pacific has earned this top honor from Nareit for the office sector.
  • For the second consecutive year, Hudson Pacific was identified by S&P Global as an industry leader.

Hudson Pacific Appoints Robert Harris to Board of Directors

Retrieved on: 
Monday, November 13, 2023

Hudson Pacific Properties, Inc. (NYSE: HPP), a unique provider of end-to-end real estate solutions for tech and media tenants, today announced that Robert “Chip” Harris II has been appointed to the company’s Board of Directors effective November 8, 2023.

Key Points: 
  • Hudson Pacific Properties, Inc. (NYSE: HPP), a unique provider of end-to-end real estate solutions for tech and media tenants, today announced that Robert “Chip” Harris II has been appointed to the company’s Board of Directors effective November 8, 2023.
  • Harris succeeds outgoing board member Karen Brodkin.
  • Prior to that, Harris founded and served as President of Entertainment Properties Trust, a publicly listed entertainment, recreation and specialty real estate company.
  • “We want to thank Karen for her service to Hudson Pacific, and we are pleased to welcome Chip back to our Board,” said Victor Coleman, Chairman and CEO.

Hudson Pacific Completes $455 Million Bentall Centre Loan Refinancing

Retrieved on: 
Thursday, November 9, 2023

Hudson Pacific Properties, Inc. (NYSE: HPP), a unique provider of end-to-end real estate solutions for tech and media tenants, announced today the successful refinancing of the loan secured by Bentall Centre, a 1.5 million-square-foot office property located in Vancouver, British Columbia and owned in partnership with Blackstone.

Key Points: 
  • Hudson Pacific Properties, Inc. (NYSE: HPP), a unique provider of end-to-end real estate solutions for tech and media tenants, announced today the successful refinancing of the loan secured by Bentall Centre, a 1.5 million-square-foot office property located in Vancouver, British Columbia and owned in partnership with Blackstone.
  • Upon the closing of this refinancing, Hudson Pacific has no debt maturities until December 2024.
  • Since acquiring the property in 2019, Hudson Pacific and Blackstone have made significant capital investments in Bentall Centre to ensure the campus remains a vibrant part of the downtown core.
  • The partnership also added programmable LED lighting to the tower crowns, making Bentall Centre a dynamic night-time landmark within the Vancouver skyline.

Hudson Pacific Properties Reports Third Quarter 2023 Financial Results

Retrieved on: 
Wednesday, November 1, 2023

Hudson Pacific Properties, Inc. (NYSE: HPP) (the "Company," "Hudson Pacific," or "HPP"), a unique provider of end-to-end real estate solutions for dynamic tech and media tenants, today announced financial results for the third quarter 2023.

Key Points: 
  • Hudson Pacific Properties, Inc. (NYSE: HPP) (the "Company," "Hudson Pacific," or "HPP"), a unique provider of end-to-end real estate solutions for dynamic tech and media tenants, today announced financial results for the third quarter 2023.
  • We also remain vigilant in controlling expenses and continue to focus on deleveraging and further fortifying our balance sheet while proactively managing our debt maturities.
  • There were no specified items for the third quarter 2023.
  • There can be no assurance that actual results will not differ materially from these estimates.

HqO Raises Over $50M in Series D Funding to Revolutionize the Real Estate Landscape

Retrieved on: 
Wednesday, October 18, 2023

“As the real estate industry continues to radically evolve, we firmly believe that its future lies in the convergence of innovative technology, data, and customer-centric experiences.

Key Points: 
  • “As the real estate industry continues to radically evolve, we firmly believe that its future lies in the convergence of innovative technology, data, and customer-centric experiences.
  • By developing cutting-edge technology and tools that prioritize user sentiment, HqO is not only adapting to the rapidly changing real estate industry, but driving its progression.
  • “HqO is here to reimagine the status quo and lead the charge toward a more connected, efficient, and user-centric real estate experience.
  • HqO services real estate clients worldwide, including Related, Vornado Realty Trust, Nuveen Real Estate, Jamestown L.P., Hudson Pacific Properties, Grosvenor, Legal & General Investment Managers, J.P. Morgan Asset Management, Hines, abrdn, LaSalle, Primonial, ARC and Chiswick Park.

Fitwel Announces Certified Metrics Pilot to Substantiate Value & Risk

Retrieved on: 
Wednesday, September 13, 2023

NEW YORK, Sept. 13, 2023 /PRNewswire/ -- Fitwel®, the healthy building certification platform operated by the Center for Active Design (CfAD) and Active Design Advisors Inc. (Adai), announced today the launch of its Certified Metrics pilot in partnership with sustainable technology and services company EVORA Global. A global first for the industry, the new tool is a giant step forward in validating data for real estate, addressing the growing need for a rigorous and standardized approach to integrate the 'Social," including health and well-being measures, into ESG reporting. 

Key Points: 
  • Certified Metrics answers a question long asked by the global market: how do we quantify & validate the "Social" in ESG?
  • Certified Metrics can be used across funds and portfolios with a variety of asset types, ultimately delivering data-driven insights to inform investment decisions.
  • "This is the appeal of Certified Metrics – in offering a much-needed pathway for companies to maximize the value they are creating by prioritizing health."
  • Fitwel Certified Metrics will deliver increased value by providing:
    A report showcasing a fund or portfolio's certified metrics, including key stats and narratives to bolster regulation and compliance reporting as well as marketing and ESG submissions
    "EVORA's long-standing relationship with Fitwel has moved a step closer now thanks to our collaboration on the Certified Metrics standard," shared Philippa Gill, EVORA Global Executive Director, Strategic Accounts.

Fitwel Announces Certified Metrics Pilot to Substantiate Value & Risk

Retrieved on: 
Wednesday, September 13, 2023

NEW YORK, Sept. 13, 2023 /PRNewswire/ -- Fitwel®, the healthy building certification platform operated by the Center for Active Design (CfAD) and Active Design Advisors Inc. (Adai), announced today the launch of its Certified Metrics pilot in partnership with sustainable technology and services company EVORA Global. A global first for the industry, the new tool is a giant step forward in validating data for real estate, addressing the growing need for a rigorous and standardized approach to integrate the 'Social," including health and well-being measures, into ESG reporting. 

Key Points: 
  • Certified Metrics can be used across funds and portfolios with a variety of asset types, ultimately delivering data-driven insights to inform investment decisions.
  • Fitwel's entity-level solution builds on the latest health evidence base by, for the first time, connecting health outcomes with economic value, pointing to clear substantiation of value and risk.
  • "This is the appeal of Certified Metrics – in offering a much-needed pathway for companies to maximize the value they are creating by prioritizing health."
  • Fitwel Certified Metrics will deliver increased value by providing:
    A report showcasing a fund or portfolio's certified metrics, including key stats and narratives to bolster regulation and compliance reporting as well as marketing and ESG submissions
    "EVORA's long-standing relationship with Fitwel has moved a step closer now thanks to our collaboration on the Certified Metrics standard," shared Philippa Gill, EVORA Global Executive Director, Strategic Accounts.