Paramount Group

PGRE · NYSE

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About PGRE

Paramount Group, Inc. is a real estate investment and management company, which engages in the ownership, operation, management, acquisition, and redevelopment of office properties in central business district submarkets. The company is headquartered in New York City, New York and currently employs 316 full-time employees. The company went IPO on 2014-11-19. The firm 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 firm's segments include New York and San Francisco. The company owns and/or manages approximately eight wholly and partially owned properties aggregating 8.7 million square feet in New York; six wholly and partially owned properties aggregating 4.3 million square feet in San Francisco, and four managed properties aggregating 0.8 million square feet in New York and Washington, D.C. The firm also has an investment management business, where it serves as the general partner of real estate funds for institutional investors and high net-worth individuals.

Employees
316
Headquarters
New York City, New York
Listed
Nov 19, 2014
Sector
Real Estate
Industry
Office REITs
Website
pgre.com

Leadership

Paramount Group executives
NameTitle
Michael Nierenberg—
David Zeiden—
Nicola Santoro—
Philip Sivin—

Revenue by product and region

Fiscal year ended Dec 31, 2024: $21.88M total revenue

By product

  • Asset management fees.$8.84M40.4%
  • Property management fees.$6.66M30.4%
  • Acquisition, disposition, leasing and other.$6.38M29.2%

Suppliers and customers

Price correlation is over one year: 1 means the stocks move together, -1 opposite

Paramount Group suppliers and customers
CompanyRelationshipCorrelation
Allianz ALV.DECustomer0.30
Uber Tech UBERCustomer-0.04
Alphabet A GOOGLCustomer-0.39
Credit Agricole ACA.PACustomer-0.47
Morgan Stanley MSCustomer-0.53
Warner Music Grp A WMG.XX1Customer—
First Republic Bank FRC.XX9Customer—
Paramount Global B PARACustomer—
Clifford Chance LLPCustomer—
Norton Rose Fulbright LLPCustomer—

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