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Hudson Pacific Provides Portfolio Update Related to Los Angeles Wildfires

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Hudson Pacific Properties (NYSE: HPP) has reported that its Los Angeles office properties and studio facilities remain undamaged and fully operational despite recent wildfires in the area. The company, which specializes in real estate solutions for tech and media tenants, confirmed the safety of its employees while acknowledging the significant impact on the broader Los Angeles community.

Hudson Pacific Properties (NYSE: HPP) ha riportato che i suoi immobili per uffici e le strutture per studi a Los Angeles non hanno subito danni e sono completamente operativi nonostante i recenti incendi nella zona. L'azienda, specializzata in soluzioni immobiliari per inquilini del settore tecnologico e dei media, ha confermato la sicurezza dei propri dipendenti, riconoscendo al contempo l'impatto significativo sulla comunità più ampia di Los Angeles.

Hudson Pacific Properties (NYSE: HPP) ha informado que sus propiedades de oficinas y estudios en Los Ángeles no han sufrido daños y están completamente operativas a pesar de los recientes incendios en la zona. La empresa, que se especializa en soluciones inmobiliarias para inquilinos del sector tecnológico y de medios, confirmó la seguridad de sus empleados, reconociendo al mismo tiempo el impacto significativo en la comunidad más amplia de Los Ángeles.

허드슨 퍼시픽 프로퍼티스 (NYSE: HPP)는 최근 지역에서 발생한 산불에도 불구하고 로스앤젤레스의 사무실 자산 및 스튜디오 시설이 피해를 입지 않고 완전히 운영되고 있다고 보고했습니다. 기술 및 미디어 임차인을 위한 부동산 솔루션을 전문으로 하는 이 회사는 직원의 안전을 확인하는 동시에 로스앤젤레스 지역 사회에 미치는 중대한 영향을 인식하고 있습니다.

Hudson Pacific Properties (NYSE: HPP) a annoncé que ses propriétés de bureaux et ses installations de studio à Los Angeles sont restées intactes et pleinement opérationnelles malgré les récents incendies dans la région. L'entreprise, spécialisée dans les solutions immobilières pour les locataires des secteurs technologique et médiatique, a confirmé la sécurité de ses employés tout en reconnaissant l'impact significatif sur la communauté plus large de Los Angeles.

Hudson Pacific Properties (NYSE: HPP) hat berichtet, dass seine Büroimmobilien und Studioeinrichtungen in Los Angeles trotz der jüngsten Waldbrände in der Region unbeschädigt und voll funktionsfähig sind. Das Unternehmen, das sich auf Immobilienlösungen für Technologie- und Medienmieter spezialisiert hat, bestätigte die Sicherheit seiner Mitarbeiter und erkannte gleichzeitig die erheblichen Auswirkungen auf die breitere Gemeinschaft von Los Angeles an.

Positive
  • All company assets in Los Angeles remain undamaged
  • Operations continue without disruption
  • No employee casualties reported
Negative
  • None.

LOS ANGELES--(BUSINESS WIRE)-- Hudson Pacific Properties, Inc. (NYSE: HPP), a unique provider of end-to-end real estate solutions for tech and media tenants, announced today that its office properties and studio facilities and equipment located in Los Angeles are undamaged and fully operational.

“Los Angeles is a city of unmatched innovation, creativity and resilience,” said Victor Coleman, Chairman and CEO. “Our employees are safe and our assets unharmed, but the losses suffered by our colleagues, friends, neighbors and the broader community are staggering, and our hearts are with them all. We honor our first responders and are supporting in every possible way to ensure we build our city back even stronger than before.”

About Hudson Pacific Properties

Hudson Pacific Properties (NYSE: HPP) is a real estate investment trust serving dynamic tech and media tenants in global epicenters for these synergistic, converging and secular growth industries. Hudson Pacific’s unique and high-barrier tech and media focus leverages a full-service, end-to-end value creation platform forged through deep strategic relationships and niche expertise across identifying, acquiring, transforming and developing properties into world-class amenitized, collaborative and sustainable office and studio space. For more information visit HudsonPacificProperties.com.

Forward-Looking Statements

This press release may contain forward-looking statements within the meaning of the federal securities laws. Forward-looking statements relate to expectations, beliefs, projections, future plans and strategies, anticipated events or trends and similar expressions concerning matters that are not historical facts. In some cases, you can identify forward-looking statements by the use of forward-looking terminology such as "may," "will," "should," "expects," "intends," "plans," "anticipates," "believes," "estimates," "predicts," or "potential" or the negative of these words and phrases or similar words or phrases that are predictions of or indicate future events, or trends and that do not relate solely to historical matters. Forward-looking statements involve known and unknown risks, uncertainties, assumptions and contingencies, many of which are beyond the company's control, which may cause actual results to differ significantly from those expressed in any forward-looking statement. All forward-looking statements reflect the company's good faith beliefs, assumptions and expectations, but they are not guarantees of future performance. Furthermore, the company disclaims any obligation to publicly update or revise any forward-looking statement to reflect changes in underlying assumptions or factors, of new information, data or methods, future events or other changes. For a further discussion of these and other factors that could cause the company's future results to differ materially from any forward-looking statements, see the section entitled "Risk Factors" in the company's Annual Report on Form 10-K filed with the Securities and Exchange Commission, or SEC, and other risks described in documents subsequently filed by the company from time to time with the SEC.

Investor Contact

Laura Campbell

Executive Vice President, Investor Relations & Marketing

(310) 622-1702

lcampbell@hudsonppi.com



Media Contact

Laura Murray

Vice President, Communications

(310) 622-1781

lmurray@hudsonppi.com

Source: Hudson Pacific Properties, Inc.

FAQ

How have the Los Angeles wildfires affected Hudson Pacific Properties (HPP) assets?

Hudson Pacific Properties reported that its office properties and studio facilities in Los Angeles remain undamaged and fully operational despite the wildfires.

Are Hudson Pacific Properties (HPP) Los Angeles operations still running?

Yes, all HPP studio facilities and equipment in Los Angeles are fully operational and unaffected by the wildfires.

Has the Los Angeles wildfire caused any damage to HPP studio facilities?

No, Hudson Pacific Properties has confirmed that none of its studio facilities or equipment in Los Angeles have been damaged by the wildfires.

What is the current status of HPP employees during the Los Angeles wildfires?

Hudson Pacific Properties has confirmed that all of its employees are safe during the Los Angeles wildfire situation.

Hudson Pacific Properties, Inc.

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