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

About this update from Hudson Pacific Properties, Inc.

NEW YORK , June 16, 2025 /PRNewswire/ -- Cohen & Steers, Inc.  (NYSE: 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 Real 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: CNS View original content: https://www.prnewswire.com/news-releases/cohen--steers-invests-300-million-on-behalf-of-clients-with-hudson-pacific-properties-to-support-balance-sheet-recapitalization-302482399.html SOURCE Cohen & Steers, Inc.

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