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Paramount Group Inc - PGRE STOCK NEWS

Welcome to our dedicated news page for Paramount Group (Ticker: PGRE), a resource for investors and traders seeking the latest updates and insights on Paramount Group.

Our selection of high-quality news articles is accompanied by an expert summary from Rhea-AI, detailing the impact and sentiment surrounding the news at the time of release, providing a deeper understanding of how each news could potentially affect Paramount Group's stock performance. The page also features a concise end-of-day stock performance summary, highlighting the actual market reaction to each news event. The list of tags makes it easy to classify and navigate through different types of news, whether you're interested in earnings reports, stock offerings, stock splits, clinical trials, fda approvals, dividends or buybacks.

Designed with both novice traders and seasoned investors in mind, our page aims to simplify the complex world of stock market news. By combining real-time updates, Rhea-AI's analytical insights, and historical stock performance data, we provide a holistic view of Paramount Group's position in the market.

Rhea-AI Summary
Paramount Group, Inc. (PGRE) will release its first quarter 2024 financial results on May 1, 2024, followed by a conference call on May 2, 2024 to discuss business performance.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.42%
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Rhea-AI Summary
Paramount Group, Inc. (NYSE: PGRE) has been honored with the 2024 ENERGY STAR Partner of the Year Award for its commitment to energy efficiency and sustainability. The company achieved ENERGY STAR labels across 100% of its office portfolio, totaling 11.3 million square feet. Paramount's focus on responsible operations has led to over 165 ENERGY STAR labels historically, showcasing top-tier energy efficiency performance.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-2.99%
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none
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Rhea-AI Summary
Paramount Group, Inc. (PGRE) signed a 74,000 square foot lease with Citizens Bank at 1301 Avenue of the Americas, a Class A office building in Midtown Manhattan. The lease signifies progress in leasing vacant space and adds to Paramount's prestigious tenant roster.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.87%
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none
Rhea-AI Summary
Paramount Group, Inc. (PGRE) declares a regular quarterly cash dividend of $0.035 per share 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 March 28, 2024.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.66%
Tags
dividends
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Rhea-AI Summary
Paramount Group, Inc. (NYSE: PGRE) reports a net loss for the fourth quarter of 2023, including non-cash real estate impairment losses, a decrease in Same Store NOI, and leasing activity details. The Company also modified and extended a mortgage loan on a San Francisco asset.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
7.56%
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Rhea-AI Summary
Paramount Group, Inc. (PGRE) has announced the modification and extension of an existing mortgage loan at One Market Plaza in San Francisco, reducing the loan balance to $850 million and extending the maturity to February 2027. The loan bears interest at a fixed rate of 4.08% and has an option to extend for an additional year. Wilbur Paes, COO, CFO, and Treasurer of Paramount, expressed satisfaction with the successful completion of the loan modification.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.22%
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none
Rhea-AI Summary
Paramount Group, Inc. (NYSE: PGRE) 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 February 14, 2024. The company will host a conference call on February 15, 2024 to discuss the results and provide commentary on business performance.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
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Rhea-AI Summary
Paramount Group, Inc. (PGRE) announces the 2023 tax treatment of its common stock dividends. Shareholders are encouraged to consult with their tax advisors. The total dividends per share for 2023 are $0.225, with $0.177295 taxable as ordinary dividends and $0.018849 non-taxable. The company also details the tax treatment for each quarterly dividend in 2023.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-1.19%
Tags
dividends
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Rhea-AI Summary
Paramount Group, Inc. (NYSE: PGRE) declares $0.035 per share quarterly dividend
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-2.79%
Tags
dividends
Rhea-AI Summary
Paramount Group, Inc. (NYSE: PGRE) achieved a 5 Star rating in the 2023 GRESB Real Estate Assessment, maintaining the highest GRESB rating for the fifth consecutive year. The company outperformed the GRESB peer score by 6% and the GRESB average score by 18%. Paramount also achieved the highest Public Disclosure level of an 'A,' surpassing the GRESB global average score of a 'B.'
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
3.29%
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none
Paramount Group Inc

NYSE:PGRE

PGRE Rankings

PGRE Stock Data

1.11B
182.75M
15.91%
67.93%
3.91%
Other Financial Vehicles
Finance and Insurance
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New York

About PGRE

paramount real estate group is a real estate company located in 10 pickney colony office park, bluffton, south carolina, united states.