08/30/2023 | by
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1315_Nareit Testimonials Victor Coleman_2023-06-12_v2

Victor Coleman, chairman and CEO of Hudson Pacific Properties (NYSE: HPP) participated in a video interview at Nareit’s REITweek: 2023 Investor Conference, held in New York June 6-8.

Coleman discussed how Hudson Pacific is positioned in relation to broader macroeconomic challenges, as well as the ongoing writers’ strike. He noted that over the near to medium term, the company is looking to have sufficient liquidity for both good and bad times and is examining where best to deploy capital in order to achieve continued growth of the portfolio.

During the interview, Coleman also noted that once the writers’ strike is settled, there will be a “massive ramp-up in pre-production and our facilities will be prepared.”

He also talked about the REIT’s partnership with Blackstone in the studio business in Los Angeles, London, and also New York, where Hudson Pacific is also partnering with Vornado Realty Trust (NYSE: VNO) on the first-ever purpose built studio in Manhattan. “We’re very excited about all of our projects and our relationship with Blackstone and the growth of the business going forward.”