Paramount Group

PGRE NYSE
13.66
-0.24
-1.73%
Closed 16:30 07/19 EDT
Open
13.90
Prev Close
13.90
High
13.93
Low
13.65
Volume
1.23M
Avg Vol (3M)
1.22M
52 Week High
16.05
52 Week Low
12.18
% Turnover
0.53%
Market Cap
3.20B
1D
5D
1M
3M
1Y
5Y

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Company Profile

Paramount Group, Inc. is a fully-integrated real estate investment trust (REIT) focused on owning, operating, managing, acquiring and redeveloping Class A office properties in select central business district submarkets of New York City, Washington, District of Columbia (D.C.) and San Francisco. The Company conducts its business through, and substantially all its interests in properties and investments are held by, Paramount Group Operating Partnership LP (the Operating Partnership). The Company's segments include New York, Washington, D.C. and San Francisco. As of December 31, 2016, the Company's portfolio consisted of 13 Class A office properties aggregating approximately 10.8 million square feet that was 93.3% leased and 90.9% occupied. The Company also has an investment management business, where it serves as the general partner and property manager of certain private equity real estate funds for institutional investors and high-net-worth individuals.
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