Paramount Group

Leidos, Paramount USA and Vertex Aerospace Enter Final Phase of Armed Overwatch Competition

Friday, June 11, 2021 - 1:00pm

Leidos, Paramount USA, and Vertex were among five teams awarded a total of $19.3 million for prototype demonstrations and will advance Bronco II to the Phase III Operational Prototype Demonstration later this month.

Key Points: 
  • Leidos, Paramount USA, and Vertex were among five teams awarded a total of $19.3 million for prototype demonstrations and will advance Bronco II to the Phase III Operational Prototype Demonstration later this month.
  • "Vertex has a 50-year legacy of supporting warfighter missions," said Ed Boyington, President and CEO of Vertex Aerospace.
  • Paramount Group USA is also the parent company of Paramount Aerospace Systems USA, its wholly-owned US subsidiary.
  • Vertex Aerospace offers a globalcapability and completesolution for aftermarket aerospace services for government and commercial customers.

Paramount Declares Regular Quarterly Dividend

Monday, March 15, 2021 - 12:00pm

Paramount Group, Inc. (NYSE: PGRE) (Paramount) announced today that its board of directors has declared a regular quarterly cash dividend of $0.07 per share of common stock for the period from January 1, 2021 to March 31, 2021.

Key Points: 
  • Paramount Group, Inc. (NYSE: PGRE) (Paramount) announced today that its board of directors has declared a regular quarterly cash dividend of $0.07 per share of common stock for the period from January 1, 2021 to March 31, 2021.
  • The dividend will be payable on April 15, 2021 to stockholders of record as of the close of business on March 31, 2021.
  • Headquartered in New York City, Paramount Group, Inc. is a fully-integrated real estate investment trust that owns, operates, manages, acquires and redevelops high-quality, Class A office properties located in select central business district submarkets of New York City and San Francisco.
  • Paramount is focused on maximizing the value of its portfolio by leveraging the sought-after locations of its assets and its proven property management capabilities to attract and retain high-quality tenants.

Paramount Declares Regular Quarterly Dividend

Tuesday, September 15, 2020 - 1:00pm

Paramount Group, Inc. (NYSE: PGRE) (Paramount) announced today that its board of directors has declared a regular quarterly cash dividend of $0.10 per share of common stock for the period from July 1, 2020 to September 30, 2020.

Key Points: 
  • Paramount Group, Inc. (NYSE: PGRE) (Paramount) announced today that its board of directors has declared a regular quarterly cash dividend of $0.10 per share of common stock for the period from July 1, 2020 to September 30, 2020.
  • The dividend will be payable on October 15, 2020 to stockholders of record as of the close of business on September 30, 2020.
  • Headquartered in New York City, Paramount Group, Inc. is a fully-integrated real estate investment trust that owns, operates, manages, acquires and redevelops high-quality, Class A office properties located in select central business district submarkets of New York City and San Francisco.
  • Paramount is focused on maximizing the value of its portfolio by leveraging the sought-after locations of its assets and its proven property management capabilities to attract and retain high-quality tenants.

Kazakhstan Paramount Engineering (KPE): An example of successful portable manufacturing in action

Friday, September 21, 2018 - 5:01am

The rapid efficacy in production line expansion serves as an additional example of Paramount Group's portable manufacturing model in action, one that has transformed KPE in to a dynamic success story.

Key Points: 
  • The rapid efficacy in production line expansion serves as an additional example of Paramount Group's portable manufacturing model in action, one that has transformed KPE in to a dynamic success story.
  • Founder and Executive Chairman of Paramount Group, Ivor Ichikowitz, stated: "For the last few years, our experience in Kazakhstan has been exceptional.
  • Paramount Grouphas invested in many joint ventures around the world and today our partnership in Kazakhstan represents one of our most successful ventures to date.
  • Kazakhstan Paramount Engineering (KPE) serves as a joint venture between Paramount Group andKazakhstan.

Kazakhstan Defence Industry Grows Globally

Thursday, May 24, 2018 - 3:30am

The factory was originally established to serve the needs of Kazakhstan and surrounding countries; the facility has however, excelled in both quality and efficiency.

Key Points: 
  • The factory was originally established to serve the needs of Kazakhstan and surrounding countries; the facility has however, excelled in both quality and efficiency.
  • Ivor Ichikowitz, Group Chairman of Paramount Group said: "Our experience in Kazakhstan has thus far been remarkable, to say the least.
  • Aibek Baryssov, Head of the Supervisory Board of Kazakhstan Paramount Engineering (KPE) said: "It remains the privilege of Kazakhstan Paramount Engineering (KPE) to collaborate with Paramount Group, an important player within the global defense and security industry.
  • Kazakhstan Paramount Engineering (KPE) serves as a joint venture between Paramount Group and Kazakhstan.

Kazakhstan Defence Industry Grows Globally

Thursday, May 24, 2018 - 3:30am

The factory was originally established to serve the needs of Kazakhstan and surrounding countries; the facility has however, excelled in both quality and efficiency.

Key Points: 
  • The factory was originally established to serve the needs of Kazakhstan and surrounding countries; the facility has however, excelled in both quality and efficiency.
  • Ivor Ichikowitz, Group Chairman of Paramount Group said: "Our experience in Kazakhstan has thus far been remarkable, to say the least.
  • Aibek Baryssov, Head of the Supervisory Board of Kazakhstan Paramount Engineering (KPE) said: "It remains the privilege of Kazakhstan Paramount Engineering (KPE) to collaborate with Paramount Group, an important player within the global defense and security industry.
  • Kazakhstan Paramount Engineering (KPE) serves as a joint venture between Paramount Group and Kazakhstan.