Hudson Pacific Properties posted a GAAP net loss of USD 104.69 million; GAAP net loss attributable to common stockholders widened to USD 104.57 million.
Revenue edged down 0.9% to USD 188.3 million; Core FFO per diluted share rose 30% to USD 0.35.
FFO swung to USD 15.6 million, or USD 0.24 per diluted share; AFFO improved to a loss of USD 3.2 million, or USD 0.05 per share.
Occupancy and outlook
In-service office occupancy rose 470 basis points to 82.5%; same-store cash NOI climbed 7.5% to USD 90.2 million.
Hudson Pacific lifted its 2026 Core FFO outlook to USD 1.12-1.20 per diluted share; CEO Victor Coleman cited 1.3 million square feet of office leasing.
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