Paramount Group

Paramount Announces Third Quarter 2023 Results

Retrieved on: 
Wednesday, November 1, 2023
REIT, Building Systems, Other Construction & Property, Commercial Building & Real Estate, Construction & Property, 1301 Avenue of the Americas, Paramount Group, NYSE, SVB Securities, Market Center, Disclosure, GAAP, Projection, Securities and Exchange Commission of Pakistan, FFO, Tenant, Mission Street, JPMorgan Chase, Credit, Depreciation, Rare-earth element, Cryptocurrency, Risk management, Pharmaceutical industry, Self storage, Lease, Clothing

Paramount Group, Inc. (NYSE: PGRE) (“Paramount” or the “Company”) filed its Quarterly Report on Form 10-Q for the quarter ended September 30, 2023 today and reported results for the third quarter ended September 30, 2023.

Key Points: 
  • Paramount Group, Inc. (NYSE: PGRE) (“Paramount” or the “Company”) filed its Quarterly Report on Form 10-Q for the quarter ended September 30, 2023 today and reported results for the third quarter ended September 30, 2023.
  • Reported net loss attributable to common stockholders of $8.4 million, or $0.04 per diluted share, for the quarter ended September 30, 2023, compared to $1.5 million, or $0.01 per diluted share, for the quarter ended September 30, 2022.
  • Declared a third quarter cash dividend of $0.035 per common share on September 15, 2023, which was paid on October 13, 2023.
  • Same Store NOI decreased by $10.5 million, or 10.3%, to $91.9 million for the quarter ended September 30, 2023 from $102.4 million for the quarter ended September 30, 2022.

Paramount Announces Release Date for Third Quarter 2023 Results

Retrieved on: 
Thursday, October 12, 2023
Commercial Building & Real Estate, Construction & Property, REIT, NYSE, Webcast, Paramount Group, Cryptocurrency

Paramount Group, Inc. (NYSE: PGRE) (“Paramount” or the “Company”) announced today that it will file its quarterly report on Form 10-Q for the quarter ended September 30, 2023 with the U.S. Securities and Exchange Commission and release its third quarter 2023 financial results on Wednesday, November 1, 2023 after the end of trading on the New York Stock Exchange.

Key Points: 
  • Paramount Group, Inc. (NYSE: PGRE) (“Paramount” or the “Company”) announced today that it will file its quarterly report on Form 10-Q for the quarter ended September 30, 2023 with the U.S. Securities and Exchange Commission and release its third quarter 2023 financial results on Wednesday, November 1, 2023 after the end of trading on the New York Stock Exchange.
  • The Company will host a conference call and audio webcast on Thursday, November 2, 2023 at 9:00 a.m. Eastern Time (ET), during which management will discuss the third quarter results and provide commentary on business performance.
  • ET on November 2, 2023 through November 9, 2023 and can be accessed by dialing 844-512-2921 (domestic) or 412-317-6671 (international) and entering the passcode 13740770.
  • A live audio webcast of the conference call will be available through the “Investors” section of the Company’s website, www.pgre.com .

JA Solar Signs Agreement for Second Largest Photovoltaic Power Plant Project in Bangladesh

Retrieved on: 
Monday, September 25, 2023
Bangladeshis, JA, Paramount Group, PV, Renewable energy, JA Solar Holdings

BEIJING, Sept. 25, 2023 /PRNewswire/ -- JA Solar signed a cooperation agreement with Paramount Group, a Bangladeshi energy group, to provide all PV modules for a 150MW photovoltaic (PV) power plant project.

Key Points: 
  • BEIJING, Sept. 25, 2023 /PRNewswire/ -- JA Solar signed a cooperation agreement with Paramount Group, a Bangladeshi energy group, to provide all PV modules for a 150MW photovoltaic (PV) power plant project.
  • Upon completion, it will be the largest PV power plant completed in Bangladesh in 2023 and the second-largest PV power plant in the country.
  • Daniel Li, Sales Director of Southeast Asia of JA Solar, said "Paramount Group has far-reaching influence in Bangladesh, and JA Solar is honored to establish cooperation with Paramount Group.
  • In recent years, JA Solar has been actively developing the Bangladeshi market and has supplied all modules for the first large-scale solar power plant in Bangladesh, a 28MW project.

JA Solar Signs Agreement for Second Largest Photovoltaic Power Plant Project in Bangladesh

Retrieved on: 
Monday, September 25, 2023
Bangladeshis, JA, Multimedia, Paramount Group, PV, Renewable energy, JA Solar Holdings

BEIJING, Sept. 24, 2023 /PRNewswire/ -- JA Solar signed a cooperation agreement with Paramount Group, a Bangladeshi energy group, to provide all PV modules for a 150MW photovoltaic (PV) power plant project.

Key Points: 
  • BEIJING, Sept. 24, 2023 /PRNewswire/ -- JA Solar signed a cooperation agreement with Paramount Group, a Bangladeshi energy group, to provide all PV modules for a 150MW photovoltaic (PV) power plant project.
  • Upon completion, it will be the largest PV power plant completed in Bangladesh in 2023 and the second-largest PV power plant in the country.
  • Daniel Li, Sales Director of Southeast Asia of JA Solar, said "Paramount Group has far-reaching influence in Bangladesh, and JA Solar is honored to establish cooperation with Paramount Group.
  • In recent years, JA Solar has been actively developing the Bangladeshi market and has supplied all modules for the first large-scale solar power plant in Bangladesh, a 28MW project.

Paramount Declares Regular Quarterly Dividend

Retrieved on: 
Friday, September 15, 2023
Commercial Building & Real Estate, Construction & Property, REIT, Paramount Group, NYSE, Holding company

Paramount Group, Inc. (NYSE: PGRE) (“Paramount”) announced today that its board of directors has declared a regular quarterly cash dividend of $0.035 per share of common stock for the period from July 1, 2023 to September 30, 2023.

Key Points: 
  • Paramount Group, Inc. (NYSE: PGRE) (“Paramount”) announced today that its board of directors has declared a regular quarterly cash dividend of $0.035 per share of common stock for the period from July 1, 2023 to September 30, 2023.
  • The dividend will be payable on October 13, 2023, to stockholders of record as of the close of business on September 29, 2023.

Paramount Announces Second Quarter 2023 Results

Retrieved on: 
Monday, July 31, 2023
Commercial Building & Real Estate, Construction & Property, REIT, Disclosure, JPMorgan Chase, GAAP, Tenant, Securities and Exchange Commission of Pakistan, Projection, FFO, 1301 Avenue of the Americas, Paramount Group, Broadway, Credit, SVB Securities, NYSE, Clothing, Cryptocurrency, Self storage, Lease

Paramount Group, Inc. (NYSE: PGRE) (“Paramount” or the “Company”) filed its Quarterly Report on Form 10-Q for the quarter ended June 30, 2023 today and reported results for the second quarter ended June 30, 2023.

Key Points: 
  • Paramount Group, Inc. (NYSE: PGRE) (“Paramount” or the “Company”) filed its Quarterly Report on Form 10-Q for the quarter ended June 30, 2023 today and reported results for the second quarter ended June 30, 2023.
  • Declared a second quarter cash dividend of $0.035 per common share on June 15, 2023, which was paid on July 14, 2023.
  • Net loss attributable to common stockholders was $47.5 million, or $0.22 per diluted share, for the quarter ended June 30, 2023, compared to $0.4 million, or $0.00 per diluted share, for the quarter ended June 30, 2022.
  • Same Store NOI decreased by $5.1 million, or 5.0%, to $97.3 million for the quarter ended June 30, 2023 from $102.4 million for the quarter ended June 30, 2022.

Paramount Reschedules Second Quarter 2023 Earnings Call to Tuesday August 1, 2023 at 9:00 AM

Retrieved on: 
Tuesday, July 18, 2023
Commercial Building & Real Estate, Construction & Property, REIT, Webcast, Paramount Group, NYSE

Paramount Group, Inc. (NYSE: PGRE) (“Paramount” or the “Company”) announced today that it has rescheduled its second quarter 2023 conference call and audio webcast from Tuesday, August 1, 2023 at 10:00 a.m. Eastern Time (ET) to 9:00 a.m.

Key Points: 
  • Paramount Group, Inc. (NYSE: PGRE) (“Paramount” or the “Company”) announced today that it has rescheduled its second quarter 2023 conference call and audio webcast from Tuesday, August 1, 2023 at 10:00 a.m. Eastern Time (ET) to 9:00 a.m.
  • As previously disclosed, the Company still intends to file its quarterly report on Form 10-Q for the quarter ended June 30, 2023 with the U.S. Securities and Exchange Commission and release its second quarter 2023 financial results on Monday, July 31, 2023 after the end of trading on the New York Stock Exchange.
  • ET on August 1, 2023 through August 8, 2023 and can be accessed by dialing 844-512-2921 (domestic) or 412-317-6671 (international) and entering the passcode 13739420.
  • A live audio webcast of the conference call will be available through the “Investors” section of the Company’s website, www.pgre.com .

Paramount Announces Release Date for Second Quarter 2023 Results

Retrieved on: 
Tuesday, July 11, 2023
Professional Services, Commercial Building & Real Estate, Finance, Construction & Property, REIT, Banking, Webcast, Paramount Group, NYSE, Cryptocurrency

Paramount Group, Inc. (NYSE: PGRE) (“Paramount” or the “Company”) announced today that it will file its quarterly report on Form 10-Q for the quarter ended June 30, 2023 with the U.S. Securities and Exchange Commission and release its second quarter 2023 financial results on Monday, July 31, 2023 after the end of trading on the New York Stock Exchange.

Key Points: 
  • Paramount Group, Inc. (NYSE: PGRE) (“Paramount” or the “Company”) announced today that it will file its quarterly report on Form 10-Q for the quarter ended June 30, 2023 with the U.S. Securities and Exchange Commission and release its second quarter 2023 financial results on Monday, July 31, 2023 after the end of trading on the New York Stock Exchange.
  • The Company will host a conference call and audio webcast on Tuesday, August 1, 2023 at 10:00 a.m. Eastern Time (ET), during which management will discuss the second quarter results and provide commentary on business performance.
  • ET on August 1, 2023 through August 8, 2023 and can be accessed by dialing 844-512-2921 (domestic) or 412-317-6671 (international) and entering the passcode 13739420.
  • A live audio webcast of the conference call will be available through the “Investors” section of the Company’s website, www.pgre.com .

Paramount Declares Quarterly Cash Dividend

Retrieved on: 
Thursday, June 15, 2023
Commercial Building & Real Estate, Construction & Property, REIT, Paramount Group, NYSE, Paramount, Holding company

Paramount Group, Inc. (NYSE: PGRE) (“Paramount”) announced today that its board of directors has declared a reduced quarterly cash dividend of $0.035 per share of common stock (a new indicated annual rate of $0.14 per share), for the period from April 1, 2023 to June 30, 2023.

Key Points: 
  • Paramount Group, Inc. (NYSE: PGRE) (“Paramount”) announced today that its board of directors has declared a reduced quarterly cash dividend of $0.035 per share of common stock (a new indicated annual rate of $0.14 per share), for the period from April 1, 2023 to June 30, 2023.
  • The dividend will be payable on July 14, 2023, to stockholders of record as of the close of business on June 30, 2023.
  • The reduced dividend will enable Paramount to retain an additional $40 million of cash annually, further enhancing Paramount’s already strong financial position.

Paramount Announces First Quarter 2023 Results

Retrieved on: 
Wednesday, May 3, 2023
Commercial Building & Real Estate, Construction & Property, REIT, IMOCA 60 Credit Agricole 4, Disclosure, GAAP, Tenant, Crédit Agricole, Securities and Exchange Commission of Pakistan, Projection, FFO, 1301 Avenue of the Americas, Paramount Group, O'Melveny & Myers, NYSE, Cryptocurrency, Self storage, Lease, Video game

Paramount Group, Inc. (NYSE: PGRE) (“Paramount” or the “Company”) filed its Quarterly Report on Form 10-Q for the quarter ended March 31, 2023 today and reported results for the first quarter ended March 31, 2023.

Key Points: 
  • Paramount Group, Inc. (NYSE: PGRE) (“Paramount” or the “Company”) filed its Quarterly Report on Form 10-Q for the quarter ended March 31, 2023 today and reported results for the first quarter ended March 31, 2023.
  • Reported net income attributable to common stockholders of $1.7 million, or $0.01 per diluted share, for the quarter ended March 31, 2023, compared to $3.4 million, or $0.02 per diluted share, for the quarter ended March 31, 2022.
  • Declared a first quarter cash dividend of $0.0775 per common share on March 15, 2023, which was paid on April 14, 2023.
  • Same Store NOI increased by $6.8 million, or 7.1%, to $102.4 million for the quarter ended March 31, 2023 from $95.6 million for the quarter ended March 31, 2022.