Paramount Group, Inc. (PGRE)
Paramount Group, Inc. operates in the REIT - Office industry of the Real Estate sector, headquartered in New York City, NY, US. The stock last traded at $6.60, up 0.15% on the session, giving a market capitalisation of $1.46B. On trailing twelve-month figures it carries a trailing P/E of -30.00, a net margin of -13.9%. Its beta of 0.94 implies it has historically moved less than the broad market.
Paramount Group, Inc. is a New York City-based, fully integrated real estate investment trust (REIT) specializing in prime, Class A office properties. The company's activities span the full lifecycle of real estate, encompassing the acquisition, ownership, management, and redevelopment of assets located in key central business district submarkets across New York City and San Francisco. Paramount's core strategy revolves around maximizing the value of its portfolio by capitalizing on the highly desirable locations of its properties and leveraging its proven capabilities in property management to consistently attract and retain high-quality tenants.
Paramount Group, Inc. is most often compared with the following Real Estate names: