Hudson Pacific Properties (HPP) Tops Q3 FFO by 1c
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Hudson Pacific Properties Reports Strong Third Quarter 2015 Financial Results
November 5, 2015 4:01 PM ESTNearly 680,000 Square Feet of Leases Executed; Cash Rent Spreads Exceed 40.0%
LOS ANGELES--(BUSINESS WIRE)-- Hudson Pacific Properties, Inc. (the Company, or Hudson Pacific) (NYSE: HPP) today announced financial results for the third quarter ended September 30, 2015.
Third Quarter Highlights
FFO (excluding specified items) of $63.0 million, or $0.43 per diluted share, compared to $20.8 million, or $0.30 per share, a year ago; Completed new and renewal leases totaling 679,443 square feet, including a new 200,052-square-foot lease at the Companys under-construction ICON office tower in Hollywood, California;... More