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Cohen & Steers Invests $300 Million On Behalf of Clients with Hudson Pacific Properties to Support Balance Sheet Recapitalization

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Cohen & Steers (NYSE: CNS) has made a significant $300 million investment in Hudson Pacific Properties (NYSE: HPP) as part of HPP's $690 million balance sheet recapitalization effort. The investment represents 43% of the total offering, positioning CNS as a cornerstone investor. According to Jason Yablon, Executive VP and Head of Listed AG真人官方 Estate at Cohen & Steers, the investment is strategic due to the anticipated recovery in the West Coast office market. The recapitalization aims to help HPP reduce debt, extend debt maturities, and capitalize on potential occupancy improvements in their high-quality portfolio.
Cohen & Steers (NYSE: CNS) ha effettuato un investimento significativo di 300 milioni di dollari in Hudson Pacific Properties (NYSE: HPP) nell'ambito dell'operazione di ricapitalizzazione del bilancio di HPP da 690 milioni di dollari. L'investimento rappresenta il 43% dell'offerta totale, posizionando CNS come investitore principale. Secondo Jason Yablon, Vicepresidente Esecutivo e Responsabile del AG真人官方 Estate Quotato di Cohen & Steers, l'investimento 猫 strategico grazie alla prevista ripresa del mercato degli uffici sulla costa occidentale. La ricapitalizzazione mira ad aiutare HPP a ridurre il debito, estendere le scadenze del debito e sfruttare i potenziali miglioramenti di occupazione nel loro portafoglio di alta qualit脿.
Cohen & Steers (NYSE: CNS) ha realizado una inversi贸n significativa de 300 millones de d贸lares en Hudson Pacific Properties (NYSE: HPP) como parte del esfuerzo de recapitalizaci贸n de balance de HPP por 690 millones de d贸lares. La inversi贸n representa el 43% de la oferta total, posicionando a CNS como un inversor clave. Seg煤n Jason Yablon, Vicepresidente Ejecutivo y Jefe de Bienes Ra铆ces Cotizados en Cohen & Steers, la inversi贸n es estrat茅gica debido a la recuperaci贸n anticipada del mercado de oficinas en la costa oeste. La recapitalizaci贸n tiene como objetivo ayudar a HPP a reducir la deuda, extender los vencimientos de la deuda y aprovechar las posibles mejoras en la ocupaci贸n de su cartera de alta calidad.
Cohen & Steers(NYSE: CNS)電� Hudson Pacific Properties(NYSE: HPP)鞚� 6鞏� 9觳滊 雼煬 攴滊 鞛甑“ 鞛幐 雲鸽牓鞚� 鞚柬櫂鞙茧 3鞏� 雼煬鞚� 雽�攴滊 韴瀽毳� 歆勴枆頄堨姷雼堧嫟. 鞚� 韴瀽電� 鞝勳泊 瓿惦鞚� 43%毳� 彀頃橂┌ CNS毳� 欤检殧 韴瀽鞛愲 鞛愲Μ毵り箑頃橁矊 頃╇媹雼�. Cohen & Steers鞚� 靸侅灔 攵�霃欖偘 雼措嫻 攵�靷灔鞚� Jason Yablon鞚� 靹滊秬 頃挫晥 鞓ろ敿鞀� 鞁滌灔鞚� 須岆车鞚� 鞓堨儊霅橃柎 鞚措矆 韴瀽臧� 鞝勲灥鞝侅澊霛缄碃 氚濏様鞀惦媹雼�. 鞚措矆 鞛甑“ 鞛幐鞚� HPP臧� 攵�毂勲ゼ 欷勳澊瓿� 攵�毂� 毵岅赴毳� 鞐办灔頃橂┌, 瓿犿拡歆� 韽姼韽措Μ鞓れ潣 鞝愳湢鞙� 臧滌劆 臧�電レ劚鞚� 頇滌毄頃橂姅 雿� 氇╉憸毳� 霊愱碃 鞛堨姷雼堧嫟.
Cohen & Steers (NYSE : CNS) a r茅alis茅 un investissement important de 300 millions de dollars dans Hudson Pacific Properties (NYSE : HPP) dans le cadre de l'effort de recapitalisation du bilan de HPP, d'un montant de 690 millions de dollars. Cet investissement repr茅sente 43 % de l'offre totale, positionnant CNS comme un investisseur cl茅. Selon Jason Yablon, vice-pr茅sident ex茅cutif et responsable de l'immobilier cot茅 chez Cohen & Steers, cet investissement est strat茅gique en raison de la reprise anticip茅e du march茅 des bureaux sur la c么te Ouest. La recapitalisation vise 脿 aider HPP 脿 r茅duire sa dette, 脿 prolonger les 茅ch茅ances de ses dettes et 脿 tirer parti des am茅liorations potentielles de l'occupation de leur portefeuille de grande qualit茅.
Cohen & Steers (NYSE: CNS) hat im Rahmen der 690 Millionen US-Dollar umfassenden Bilanzrekapitalisierungsma脽nahme von Hudson Pacific Properties (NYSE: HPP) eine bedeutende Investition von 300 Millionen US-Dollar get盲tigt. Die Investition entspricht 43 % des Gesamtangebots und positioniert CNS als einen der Hauptinvestoren. Jason Yablon, Executive VP und Leiter des b枚rsennotierten Immobilienbereichs bei Cohen & Steers, bezeichnet die Investition als strategisch aufgrund der erwarteten Erholung des B眉romarktes an der Westk眉ste. Die Rekapitalisierung soll HPP dabei helfen, Schulden zu reduzieren, F盲lligkeiten der Schulden zu verl盲ngern und von m枚glichen Verbesserungen der Belegung in ihrem hochwertigen Portfolio zu profitieren.
Positive
  • Strategic $300 million investment represents significant confidence in HPP's future
  • Investment will help HPP reduce debt and extend debt maturities
  • Positions CNS to benefit from anticipated West Coast office market recovery
  • Large 43% stake in the $690 million offering shows strong commitment
Negative
  • Significant exposure to the still-recovering West Coast office market
  • Large investment concentration in a single property company

NEW YORK, June 16, 2025 /PRNewswire/ -- 听(狈驰厂贰: CNS), announced today that the firm, on behalf of its clients' accounts, has invested $300 million in Hudson Pacific Properties, Inc, (NYSE: HPP), a leading West Coast office REIT, as a cornerstone investor to support HPP's balance sheet recapitalization. The purchase reflects 43% of HPP's $690 million offering.

Jason Yablon, Executive Vice President and Head of Listed AG真人官方 Estate, said:
"We believe the West Coast office market recovery is underway and poised to gain momentum over the coming years. Hudson Pacific Properties stands to benefit from this trend, supported by a strong management team and high-quality portfolio. Recapitalizing the balance sheet positions HPP to reduce debt, extend existing debt maturities and fund the immense occupancy upside this high-quality portfolio has to offer."

About Cohen & Steers. Cohen & Steers is a leading global investment manager specializing in real assets and alternative income, including listed and private real estate, preferred securities, infrastructure, resource equities, commodities, as well as multi-strategy solutions. Founded in 1986, the firm is headquartered in New York City, with offices in London, Dublin, Hong Kong, Tokyo and Singapore.

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.

This release is not investment advice or a recommendation or offer to invest in HPP or any Cohen & Steers product or service, and HPP is not necessarily a holding in any particular fund or account managed by Cohen & Steers.

Website: https://www.cohenandsteers.com
Symbols: NYSE:聽CNS

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SOURCE Cohen & Steers, Inc.

FAQ

What is the size of Cohen & Steers' (CNS) investment in Hudson Pacific Properties?

Cohen & Steers invested $300 million in Hudson Pacific Properties, representing 43% of HPP's $690 million offering.

Why did Cohen & Steers (CNS) invest in Hudson Pacific Properties?

CNS invested in HPP due to their belief in the West Coast office market recovery and HPP's strong management team and high-quality portfolio.

How will the investment impact Hudson Pacific Properties' balance sheet?

The investment will help HPP reduce debt, extend existing debt maturities, and fund potential occupancy improvements in their portfolio.

What percentage of Hudson Pacific Properties' offering did Cohen & Steers acquire?

Cohen & Steers acquired 43% of Hudson Pacific Properties' $690 million offering.

Who led the investment decision for Cohen & Steers in Hudson Pacific Properties?

Jason Yablon, Executive Vice President and Head of Listed AG真人官方 Estate at Cohen & Steers, led the investment decision.
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Hudson Pac Pptys Inc

NYSE:HPP

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#3696 Ranked by Market Cap
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HPP Latest News

Aug 5, 2025
Hudson Pacific Properties Reports Second Quarter 2025 Financial Results
Jun 30, 2025
Hudson Pacific Provides Business Update
Jun 24, 2025
Hudson Pacific Properties Announces Date for Second Quarter Earnings Release and Conference Call
Jun 12, 2025
Hudson Pacific Properties Announces Pricing of $600 Million Public Offering
Jun 11, 2025
Hudson Pacific Properties Announces Commencement of Public Offering

HPP Latest SEC Filings

Aug 5, 2025
[8-K] Hudson Pacific Properties, Inc. Reports Material Event
Jul 17, 2025
[SCHEDULE 13G/A] Hudson Pacific Properties, Inc. SEC Filing
Jul 15, 2025
[S-3] Hudson Pacific Properties, Inc. Shelf Registration Statement
Jul 8, 2025
[SCHEDULE 13G] Hudson Pacific Properties, Inc. SEC Filing
Jun 30, 2025
[8-K] Hudson Pacific Properties, Inc. Reports Material Event

HPP Stock Data

955.46M
367.86M
1.57%
58.98%
6.4%
REIT - Office
AG真人官方 Estate
United States
LOS ANGELES

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