Hudson Pacific Properties Raises 2026 Core FFO Outlook Amid Rising Office Occupancy
Hudson Pacific Properties (HPP) has increased its 2026 core Funds From Operations (FFO) guidance to a range of $1.15 to $1.21 per share. This upward revision follows a period of steady operational progress, highlighted by the company's ability to secure significant leasing activity. The company reported signing 534,000 square feet of new and renewal office leases during the recent period. These leasing efforts have driven in-service office occupancy levels toward the 86% mark, signaling a stabilization in their core office portfolio despite broader market challenges.
Tickers: $HPP
Topics: occupancy rates office leasing real estate management