Hudson Pacific Properties, Inc. is a real estate investment trust, or REIT, and the sole general partner of our operating partnership. As of June 30, 2024, Hudson Pacific Properties, Inc. owned approximately 95.2% of the ownership interest in our operating partnership (including unvested restricted units). The remaining approximately 4.8% interest was owned by certain of our executive officers and directors, certain of their affiliates and other outside investors and includes unvested operating partnership performance units. As the sole general partner of our operating partnership, Hudson Pacific Properties, Inc. has the full, exclusive and complete responsibility for our operating partnership’s day-to-day management and control.
Metrics to compare | HPP_pc | Sector Sector - Average of metrics from a broad group of related Real Estate sector companies | Relationship RelationshipHPP_pcPeersSector | |
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P/E Ratio | −2.4x | −0.1x | 9.1x | |
PEG Ratio | 0.03 | 0.29 | 0.01 | |
Price/Book | 0.4x | 1.0x | 0.9x | |
Price / LTM Sales | 1.1x | 2.5x | 3.9x | |
Upside (Analyst Target) | - | 15.0% | 14.1% | |
Fair Value Upside | Unlock | 6.2% | 1.8% | Unlock |