Hudson Pacific Properties (HPP) Tops Q2 FFO by 1c; Boosts FFO Outlook
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Hudson Pacific Properties Reports Strong Second Quarter 2016 Financial Results
August 4, 2016 9:01 AM EDT
Executed over 970,000 Square Feet of Leases
Achieved
GAAP and Cash Rent Spreads of 58% and 49%
LOS ANGELES--(BUSINESS WIRE)-- Hudson Pacific Properties, Inc. (the Company, or Hudson Pacific) (NYSE: HPP) today announced financial results for the second quarter ended June 30, 2016.
Second Quarter Highlights
Net income attributable to common stockholders of $0.8 million, or $0.01 per diluted share, compared to net loss of $25.2 million, or $(0.28) per diluted share, a year ago; FFO, excluding specified items, of $62.9 million, or $0.43 per diluted share, compared to $68.4... More