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REIT earnings season has provided critical information on the state of the real estate industry - a much-needed check-in amid fears of a potential "fourth wave" of the COVID pandemic. Results were significantly better-than-expected with roughly 95% of equity REITs beating consensus FF...
Paramount Group, Inc. (NYSE: PGRE) (“Paramount” or the “Company”) announced today that it has completed an $860 million refinancing of 1301 Avenue of the Americas, a 1.7 million square-foot trophy office building, located between 52 nd and 53 rd Stree...
U.S. equity markets were mixed this week as disappointing "big tech" earnings and concerns over controversial COVID vaccine and mask mandates were offset by historically strong earnings results from domestic-focused companies. Retreating from the record-highs set last week, ...
Paramount Group, Inc. (PGRE) Q2 2021 Results Earnings Conference Call July 28, 2021, 9:00 am ET Company Participants Sumit Sharma - Vice President of Business Development, Investor Relations Albert Behler - Chairman, Chief Executive Officer, President Wilbur Paes - Chief Operating Officer, Ch...
The following slide deck was published by Paramount Group, Inc. in conjunction with their 2021 Q2 earnings call. For further details see: Paramount Group, Inc. 2021 Q2 - Results - Earnings Call Presentation
Paramount (PGRE): Q2 FFO of $0.22 beats by $0.02.Revenue of $182.27M (+6.5% Y/Y) beats by $3.53M.Reported a 3.0% increase in Same Store Cash Net Operating Income and an 11.0% decrease in Same Store NOI in the quarter ended June 30, 2021, compared to the same period in the prior year.Declared ...
– Raises Guidance for Full Year 2021 – – Backfills over 62% of recent vacancy at 31 West 52 nd Street – Paramount Group, Inc. (NYSE: PGRE) (“Paramount” or the “Company”) filed its Quarterly Report on Form 10...
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U.S. equity markets rebounded from an early-week dive as investors shrugged-off COVID concerns following a historically strong start to corporate earnings season and better-than-expected housing market data. "American Exceptionalism" was the theme as COVID concerns across internationa...
U.S. equity markets retreated from record highs this past week, pressured by renewed COVID concerns and hotter-than-expected inflation data showing the fastest rise in consumer and producer prices in decades. The S&P 500 declined by 1.0% on the week while Mid-Caps and Small-Caps s...
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Paramount Group, Inc. (NYSE: PGRE) (“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 resu...
– Raises Guidance for Full Year 2024 – Paramount Group, Inc. (NYSE: PGRE) (“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...
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