PGRE News and Press, Paramount Group Inc. From 03/15/22

Paramount Group, Inc. (NYSE: PGRE) (“Paramount”) announced today that its board of directors has declared an increased quarterly cash dividend of $0.0775 per share of common stock, representing a 10.7% increase over last quarter’s cash dividend of $0.07 per share of...

Morgan Stanley (MS -1.2%) chief James Gorman isn't backing off from his push to get employees back into the office, and that's just fine with New York City mayor Eric Adams, who's urging bankers to come back into the city. The reports of record number of workers quitting their jobs aren't aff...

There have been a lot of headlines over the past two years suggesting that offices are dying. They surmise that with remote and hybrid work taking center stage, companies won't need as much office space in the future. This negativity has weighed on real estate investment trusts (REITs) fo...

The following slide deck was published by Paramount Group, Inc. in conjunction with their 2021 Q4 earnings call. For further details see: Paramount Group, Inc. 2021 Q4 - Results - Earnings Call Presentation

Gainers: Paramount PGRE +21%, Open Lending LPRO +19%, LendingTree TREE +12%, Akso Health (NASDAQ:AHG) +15%, Assured Guaranty AGO +12%. Losers: Opendoor Technologies OPEN -28%, Green Dot GDOT-12%, AMTD International (NYSE:AMTD)&#...

Gainers: Inspirato (NASDAQ:ISPO) +48%. KAR Auction Services (NYSE:KAR) +40%. Farfetch (NYSE:FTCH) +39%. CarGurus (NASDAQ:CARG) +36%. Aerie (NASDAQ:AERI) +28%. IronNet (NYSE:IRNT) +26%. Nymox (NASDAQ:NYMX) +26%. Block (NYSE:SQ) +24%. Schrodinger (NASDAQ:SDGR) +21%. Paramount Group (NYSE:PGRE) ...

Paramount Group (NYSE:PGRE) soared 22% after Monarch Alternative Capital offered to acquire the company for $12/share. Monarch Alternative offered to buy PGRE for $12 in a letter on Thursday and the offer represented a 30% premium to PGRE's closing price on Feb. 22 and a 33% premium to t...

Paramount Stockholders Do Not Need to Take Action at This Time Paramount Group, Inc. (NYSE: PGRE) (“Paramount” or the “Company”) today confirmed that it has received an unsolicited, non-binding proposal from Monarch Alternative Capital LP to acqui...

Bayerische Versorgungskammer and Paramount Group (NYSE:PGRE) have formed a joint venture and acquired a retail condominium at 1600 Broadway for $191.5M from Sherwood Equities. The 26K sq. ft. retail property, which is located in the heart of Times Square, is 100% leased to Mars and serves as ...

KAR Auction Services (NYSE:KAR) +65% on offloading ADESA U.S. Physical Auction business to Carvana for $2.2B. Farfetch (NYSE:FTCH) +30% on Q4 results. Universal Security Instruments (NYSE:UUU) +28% and Infinite Reality, Inc jointly announce merger agreement. Cyren (NA...