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PGRE News and Press, Paramount Group Inc. From 05/10/22

Stock Information

Company Name: Paramount Group Inc.
Stock Symbol: PGRE
Market: NYSE
Website: paramount-group.com

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PGRE - Paramount Signs 68,000 Square Foot Lease with SVB Securities at 1301 Avenue of the Americas

Paramount Group, Inc. (NYSE: PGRE) (“Paramount” or the “Company”) announced today that SVB Securities, a subsidiary of SVB and a leading investment bank specializing in healthcare and technology, has expanded at 1301 Avenue of the Americas signing a 68,183 sq...

PGRE - REITs Are Suddenly Cheap

Nearly 200 REITs have reported earnings results over the past three weeks, providing critical information on the state of the real estate industry amid the extreme volatility in early 2022. Results were generally better-than-expected with roughly 85% of equity REITs beating consensus ...

PGRE - Paramount Earns 2022 ENERGY STAR® Partner of the Year Award

Paramount Group, Inc. (NYSE: PGRE) (“Paramount” or the “Company”) is proud to announce that it has achieved the 2022 ENERGY STAR Partner of the Year Award from the U.S. Environmental Protection Agency (EPA) and the U.S. Department of Energy. Winners of this c...

PGRE - REIT Earnings Halftime Report

We're approaching the halfway point of another newsworthy real estate earnings season with over 50 REITs representing 50% of the total market capitalization having reported results. Among the 40 REITs that provided full-year FFO guidance, 30 REITs (75%) raised their outlook- well abov...

PGRE - Paramount Group, Inc. (PGRE) CEO Albert Behler on Q1 2022 Results - Earnings Call Transcript

Paramount Group, Inc. (PGRE) Q1 2022 Earnings Conference Call April 28, 2022, 10:00 AM ET Company Participants Albert Behler – Chairman, Chief Executive Officer, and President Wilbur Paes – Chief Operating Officer, Chief Financial Officer, and Treasure Peter Brindley – He...

PGRE - Paramount Group, Inc. 2022 Q1 - Results - Earnings Call Presentation

The following slide deck was published by Paramount Group, Inc. in conjunction with their 2022 Q1 earnings call. For further details see: Paramount Group, Inc. 2022 Q1 - Results - Earnings Call Presentation

PGRE - Paramount FFO reports Q1 results

Paramount press release (NYSE:PGRE): Q1 FFO of $0.25. Revenue of $183.68M (+1.4% Y/Y). Outlook: The company is raising its estimated 2022 Core FFO to be between $0.93 and $0.97 per diluted share, compared to its prior estimate of $0.91 to $0.97 per diluted share. For further details see: ...

PGRE - Paramount Announces First Quarter 2022 Results

– Raises Guidance for Full Year 2022 – Paramount Group, Inc. (NYSE: PGRE) (“Paramount” or the “Company”) filed its Quarterly Report on Form 10-Q for the quarter ended March 31, 2022 today and reported results for the first quarter en...

PGRE - Office occupancy rates still stay under 50% in Kastle's back-to-work barometer

More workers have returned to the office than at any point since the COVID-19 pandemic began, according to card swipe data from Kastle Systems, a provider of building security systems. In the week ended April 6, Kastle's 10-city occupancy average of 43.1% increased from 42.0% in the previous ...

PGRE - Picking A Winner In Office REITs

The Office REIT sector has been an upside surprise thus far in 2022. This sector was hit hard by the pandemic and the huge and enduring work-from-home trend it triggered. There are signs that the worst is over, and office REITs are ready to stabilize in a new kind of normal. T...

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