Hudson Pacific Properties, Inc. (NYSE:HPP) Q1 2022 Earnings Conference Call April 29, 2022 2:00 PM ET

Company Participants

Laura Campbell - Executive Vice President, Investor Relations and Marketing

Victor Coleman - Chief Executive Officer and Chairman

Mark Lammas - President

Harout Diramerian - Chief Financial Officer

Art Suazo - Executive Vice President, Leasing

Conference Call Participants

Jamie Feldman - Bank of America

John Kim - BMO Capital Markets

Manny Korchman - Citi

Alexander Goldfarb - Piper Sandler

Nick Yulico - Scotiabank

Ronald Kamdem - Morgan Stanley

Rich Anderson - SMBC

Daniel Ismail - Green Street

Operator

Good morning, and welcome to the Hudson Pacific Properties First Quarter 2022 Conference Call. All participants will be in listen-only mode. [Operator Instructions] Please note this event is being recorded. I would now like to turn the conference over to Laura Campbell, Executive Vice President, Investor Relations and Marketing. Please go ahead.

Laura Campbell

Thanks for joining us. With me on the call today are Victor Coleman, CEO and Chairman; Mark Lammas, President; Harout Diramerian, CFO; and Art Suazo, EVP of Leasing. Yesterday, we filed our earnings release and supplemental on an 8-K with the SEC and both are now available on our website. An audio webcast of this call will be available for replay on our website.

Some of the information we will share on the call today is forward-looking in nature. Please reference our earnings release and supplemental for statements regarding forward-looking information as well as the reconciliation of non-GAAP financial measures used on this call and in those materials.

Today, Victor will touch on our strategy and capital allocation priorities, Mark will discuss our first quarter business highlights and upcoming opportunities and Harout will review our first quarter financial results and outlook. Thereafter, we will be happy to take your questions. Victor?

Victor Coleman

Thank you, Laura, and thank you everyone for joining us today. We had a productive first quarter focused on our 2022 priorities that include capitalizing on leasing opportunities, progressing our development pipeline, pursuing capital recycling opportunities, making our strong balance sheet and furthering our ESG leadership. On today’s call, we will provide updates on each of them.

At Hudson Pacific our long-term strategy is to create shareholder value by selectively growing our real estate portfolio as we need to meet of the speculative growth and increasingly convergent tech and media industries. We’ve had great success at the forefront of this multi-faceted shift delivering tech campuses along studio lots and finding ways to innovate physical design and to streamline leasing and operations to these synergistic types of space.