Welcome to our dedicated page for Paramount Group news (Ticker: PGRE), a resource for investors and traders seeking the latest updates and insights on Paramount Group stock.
Paramount Group Inc (PGRE) maintains a focused portfolio of Class A office properties in New York City and San Francisco's central business districts. This page serves as the definitive source for PGRE-related news, offering investors and stakeholders immediate access to essential updates.
Track the REIT's latest developments including earnings reports, strategic acquisitions, property redevelopment initiatives, and leasing activity. Our curated collection ensures you stay informed about operational milestones and market positioning in the competitive urban real estate sector.
Discover official press releases alongside third-party analysis of PGRE's financial performance and asset management strategies. Content spans quarterly results, sustainability efforts, tenant retention programs, and leadership announcements relevant to commercial real estate investors.
Bookmark this page for streamlined access to PGRE's evolving story in premium office markets. Check regularly for updates impacting long-term rental income streams and asset valuation trends in key metropolitan areas.
Paramount Group, Inc. (NYSE: PGRE) announced its First Quarter 2024 Results, reporting net income of $9.9 million, or $0.05 per diluted share, compared to $1.7 million in the same quarter last year. The company raised its full-year 2024 Core FFO guidance, expecting a net loss per diluted share between $0.10 to $0.04. Paramount leased 276,717 square feet, with a decrease in Same Store Cash NOI and Same Store NOI. The company declared a cash dividend of $0.035 per common share. Capital Markets Activity involved loan modifications and extensions at key properties, with positive financial implications. Despite challenges in leasing activity, the company remains optimistic about its 2024 Core FFO projections.
FAQ
What is the current stock price of Paramount Group (PGRE)?
What is the market cap of Paramount Group (PGRE)?
