Paramount Group Inc is a real estate investment trust (REIT) that specializes in owning, operating, and managing high-quality office properties in key urban markets, primarily focused on New York City and San Francisco
The company is dedicated to creating value through strategic acquisitions, property development, and effective leasing strategies, while maintaining a commitment to sustainability and tenant satisfaction. By investing in premium commercial real estate, Paramount aims to deliver attractive returns for its shareholders while fostering vibrant work environments in its properties.
Paramount Group, Inc. (NYSEPGRE) (“Paramount” or the “Company”) announced today that it will file its annual report on Form 10-K for the year ended December 31, 2024 with the U.S. Securities and Exchange Commission and release its fourth quarter 2024 financial results on Thursday, February 27, 2025 after the close of trading on the New York Stock Exchange.
Paramount Group, Inc. (NYSEPGRE) (“Paramount” or the “Company”) announced today that it has sold a 45% interest in 900 Third Avenue, a 600,000 square foot Class A office building located on Third Avenue between 54th and 55th Streets in Midtown Manhattan, at a gross asset valuation of $210 million. Paramount will continue to own the remaining 55% interest and manage and lease the property.
Paramount Group, Inc. (NYSEPGRE) (“Paramount” or the “Company”) today announced the 2024 tax treatment of its common stock dividends as described below. Shareholders are encouraged to consult with their personal tax advisors as to their specific tax treatment of Paramount’s dividends.
The combination of lower demand and higher costs created substantial headwinds for growth and dividend distributions. As a result, many REITs cut or suspended their dividends in 2024.
Paramount Group, Inc. (NYSEPGRE) (“Paramount” or the “Company”) announced today that it achieved a 5 Star rating in the 2024 GRESB Real Estate Assessment. This is the sixth consecutive year Paramount was awarded GRESB’s highest rating.
Paramount Group, Inc. (NYSEPGRE) (“Paramount” or the “Company”) filed its Quarterly Report on Form 10-Q for the quarter ended September 30, 2024 today and reported results for the third quarter ended September 30, 2024.
Paramount Group, Inc. (NYSEPGRE) (“Paramount” or the “Company”) announced today that it will file its quarterly report on Form 10-Q for the quarter ended September 30, 2024 with the U.S. Securities and Exchange Commission and release its third quarter 2024 financial results on Wednesday, October 30, 2024 after the end of trading on the New York Stock Exchange.
Paramount Group, Inc. (NYSEPGRE) (“Paramount”) announced today that its board of directors suspended the Company’s regular quarterly dividend that would have otherwise been payable on October 15, 2024. During 2024, Paramount paid three regular quarterly dividends aggregating $0.1050 per share of common stock, which approximates 100% of its estimated 2024 taxable income.
Paramount Group, Inc. (NYSEPGRE) (“Paramount” or the “Company”) filed its Quarterly Report on Form 10-Q for the quarter ended June 30, 2024 today and reported results for the second quarter ended June 30, 2024.
Paramount Group, Inc. (NYSEPGRE) (“Paramount” or the “Company”) announced today that it will file its quarterly report on Form 10-Q for the quarter ended June 30, 2024 with the U.S. Securities and Exchange Commission and release its second quarter 2024 financial results on Wednesday, July 31, 2024 after the end of trading on the New York Stock Exchange.
Paramount Group, Inc. (NYSEPGRE) (“Paramount”) announced today that its board of directors has declared a regular quarterly cash dividend of $0.035 per share of common stock for the period from April 1, 2024 to June 30, 2024. The dividend will be payable on July 15, 2024, to stockholders of record as of the close of business on June 28, 2024.
Paramount Group, Inc. (NYSEPGRE) (“Paramount” or the “Company”) filed its Quarterly Report on Form 10-Q for the quarter ended March 31, 2024 today and reported results for the first quarter ended March 31, 2024.
Paramount Group, Inc. (NYSEPGRE) (“Paramount” or the “Company”) announced today that it will file its quarterly report on Form 10-Q for the quarter ended March 31, 2024 with the U.S. Securities and Exchange Commission and release its first quarter 2024 financial results on Wednesday, May 1, 2024 after the end of trading on the New York Stock Exchange.
Paramount Group, Inc. (NYSEPGRE) (“Paramount” or the “Company”) is proud to announce that it has achieved the 2024 ENERGY STAR Partner of the Year Award from the U.S. Environmental Protection Agency (EPA) and the U.S. Department of Energy. Paramount was honored among a select group of organizations for the company’s contributions to energy efficiency and the transition to a clean energy economy.
Paramount Group, Inc. (NYSEPGRE) (“Paramount” or the “Company”) announced today that it has signed a 74,000 square foot lease with Citizens at 1301 Avenue of the Americas, a 1.7 million square-foot Class A office building, located between 52nd and 53rd Streets in Midtown Manhattan.
Paramount Group, Inc. (NYSEPGRE) (“Paramount”) announced today that its board of directors has declared a regular quarterly cash dividend of $0.035 per share of common stock for the period from January 1, 2024 to March 31, 2024. The dividend will be payable on April 15, 2024, to stockholders of record as of the close of business on March 28, 2024.
Paramount Group, Inc. (NYSEPGRE) (“Paramount” or the “Company”) filed its Annual Report on Form 10-K for the year ended December 31, 2023 today and reported results for the fourth quarter ended December 31, 2023.
Paramount Group, Inc. (NYSEPGRE) (“Paramount” or the “Company”) announced today that, together with its joint venture partner, it has modified and extended the existing mortgage loan at One Market Plaza, a 1.6 million square-foot two-building trophy asset in the South Financial District of San Francisco.
Paramount Group, Inc. (NYSEPGRE) (“Paramount” or the “Company”) announced today that it will file its annual report on Form 10-K for the year ended December 31, 2023 with the U.S. Securities and Exchange Commission and release its fourth quarter 2023 financial results on Wednesday, February 14, 2024 after the end of trading on the New York Stock Exchange.
