Paramount Group Inc. (PGRE)
NYSE NYSE Primary Summary
PGRE Chart
Vornado Reports First Lease at Sunset Pier 94 Studios With Paramount
VNO's inaugural 70,000-square-foot lease at Sunset Pier 94 Studios with Paramount highlights diversification and strengthens long-term revenue visibility.
Paramount Held Talks With Emmanuel Macron About WBD Bid, Report Says
The Delaware Chancery Court on Thursday rejected Paramount's demand for Warner Bros. Discovery to better explain why Netflix's nearly $83 billion takeover was more appealing than its own, according to court filings.
David Ellison's Paramount suffers a setback in its legal fight with Warner Bros. Discovery
Paramount Skydance has suffered a legal setback in its pursuit of Warner Bros. Discovery.
Paramount Group Inc. Investors
| Name | Quantity | Cost | Value | Profit ($) | Gain (%) |
|---|---|---|---|---|---|
| VT Vincent Tortorella Point72 (DIFC) Ltd | 2,433 | $15,914 | $15,914 | - | - |
Paramount Group Inc. (PGRE) FAQ
What does "Delisted" mean?
What was the last recorded dividend?
How long did the company pay dividends?
Were there any stock splits?
What was the last known trading price?
Paramount Group Inc. Profile
| Office REITs Industry | Real Estate Sector | Albert Paul Thomas Behler CEO | NYSE Exchange | 69924R108 CUSIP |
| US Country | 316 Employees | 28 Jun 2024 Last Dividend | - Last Split | 19 Nov 2014 IPO Date |
Overview
Paramount Group, Inc., more commonly known as Paramount, is a distinguished real estate investment trust (REIT) with a clear focus on owning, operating, managing, acquiring, and redeveloping Class A office properties. Paramount’s portfolio is strategically located in central business district submarkets of New York and San Francisco, two of the most vibrant and economically significant cities in the United States. The company prides itself on maximizing the value of its real estate assets through leveraging their desirable locations and employing proven property management strategies. Paramount aims to attract and retain high-quality tenants by offering outstanding office environments and services that meet their sophisticated needs.
Products and Services
- Ownership of Class A Office Properties
Paramount owns a prestigious portfolio of high-quality, Class A office properties situated in select central business district submarkets of New York and San Francisco. These properties are designed to meet the high standards and expectations of top-tier businesses, offering them prime locations and facilities that enhance their operations and workplace experience.
- Operational Management
The company not only owns but also operates and manages its portfolio of office properties. This includes a range of services aimed at maintaining the high standards of the buildings, from upkeep and renovations to the implementation of sustainable practices and technologies. Paramount’s hands-on management approach ensures that its properties remain competitive and appealing to current and prospective tenants.
- Acquisition and Redevelopment
Paramount actively engages in the acquisition and strategic redevelopment of Class A office properties. This aspect of their services is focused on identifying potential assets that, through targeted investments and improvements, can be elevated to meet the company’s stringent criteria for quality and performance. Redevelopment efforts are aimed at enhancing asset value, marketability, and tenant satisfaction, thereby securing the company's growth and profitability.
