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Paramount Group Inc (PGRE.N)

PGRE.N on New York Stock Exchange

13.83USD
13 Dec 2018
Change (% chg)

$0.10 (+0.73%)
Prev Close
$13.73
Open
$13.73
Day's High
$13.96
Day's Low
$13.73
Volume
298,791
Avg. Vol
470,999
52-wk High
$16.15
52-wk Low
$13.70

Latest Key Developments (Source: Significant Developments)

Paramount Sells 425 Eye Street For $157 Million
Monday, 1 Oct 2018 

Oct 1 (Reuters) - Paramount Group Inc ::PRESS RELEASE - PARAMOUNT SELLS 425 EYE STREET FOR $157 MILLION.PARAMOUNT GROUP INC - COMPANY NO LONGER EXPECTS TO RECEIVE $0.02 PER SHARE OF CORE FFO IN Q4.  Full Article

Paramount To Sell 2099 Pennsylvania Avenue For $220 Million
Wednesday, 8 Aug 2018 

Aug 8 (Reuters) - Paramount Group Inc ::PRESS RELEASE - PARAMOUNT TO SELL 2099 PENNSYLVANIA AVENUE FOR $220 MILLION.PARAMOUNT GROUP INC - TRANSACTION EXPECTED TO CLOSE IN Q3 OF 2018.  Full Article

Paramount Group Q2 FFO Per Share $0.25
Wednesday, 1 Aug 2018 

Aug 1 (Reuters) - Paramount Group Inc ::PARAMOUNT ANNOUNCES SECOND QUARTER 2018 RESULTS.Q2 FFO PER SHARE $0.25.SEES FY 2018 CORE FFO PER SHARE $0.93 TO $0.97.RAISES CORE FFO GUIDANCE FOR FULL YEAR 2018.SAME STORE CASH NOI INCREASED BY $4.8 MILLION, OR 5.9%, TO $86.8 MILLION FOR QUARTER ENDED JUNE 30.SAME STORE NOI INCREASED BY $6.0 MILLION, OR 6.1%, TO $104.0 MILLION FOR QUARTER ENDED JUNE 30.PARAMOUNT GROUP - ESTIMATES 2018 NET LOSS ATTRIBUTABLE TO COMMON STOCKHOLDERS WILL BE BETWEEN $0.14 AND $0.10 PER DILUTED SHARE.  Full Article

Paramount Extends Revolving Credit Facility From Nov 2018 To Jan 2022
Tuesday, 16 Jan 2018 

Jan 16 (Reuters) - Paramount Group Inc ::PARAMOUNT EXTENDS AND EXPANDS REVOLVING CREDIT FACILITY.PARAMOUNT GROUP - OPERATING PARTNERSHIP, PARAMOUNT GROUP OPERATING PARTNERSHIP LP, EXTENDED ITS REVOLVING CREDIT FACILITY FROM NOV 2018 TO JAN 2022.PARAMOUNT GROUP INC - OPERATING PARTNERSHIP INCREASED REVOLVING CREDIT FACILITY CAPACITY TO $1.0 BILLION FROM $800.0 MILLION.  Full Article

Paramount Group posts Q3 FFO of $0.18 per share
Monday, 6 Nov 2017 

Nov 6 (Reuters) - Paramount Group Inc :Paramount announces third quarter 2017 results.Q3 FFO per share $0.18.Sees FY 2017 core FFO per share $0.89.Narrowing its estimated core FFO guidance for 2017 to be between $0.88 and $0.90 per diluted share​.  Full Article

ANALYSIS-U.S. landlords copy hotel model to cut risk as coworking surges

NEW YORK, Oct 19 Leading owners of prime U.S. office space are taking a page from the hotel industry to boost profits from coworking's rapid growth and to mitigate some of the risk they assume when signing long-term leases with these flexible workspace providers.