Paramount Group

Paramount Group, Inc. is a 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 primarily through Paramount Group Operating Partnership LP. It operates through the segment, which includes operating, leasing and managing office properties. Its portfolio consists of over 12 Class A office properties aggregating approximately 10.4 million square feet. It 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. The Company's private equity real estate funds (the Property Funds) invest in office buildings and related facilities primarily in New York City, Washington, D.C. and San Francisco.

Type
Public
HQ
New York, US
Founded
1978
Size (employees)
334 (est)+5%
Paramount Group was founded in 1978 and is headquartered in New York, US

Paramount Group Office Locations

Paramount Group has an office in New York
New York, US (HQ)
1801 Paramount Plaza 1633 Broadway

Paramount Group Data and Metrics

Paramount Group Financial Metrics

Paramount Group's revenue was reported to be $66.1 m in FY, 2016
USD

Revenue (FY, 2016)

66.1 m

Net income (FY, 2016)

72.7 m

EBIT (FY, 2016)

3.4 m

Market capitalization (27-Jun-2017)

3.8 b

Closing share price (27-Jun-2017)

16.5

Cash (31-Dec-2016)

163 m
Paramount Group's current market capitalization is $3.8 b.
USDFY, 2015FY, 2016

Revenue

66.1 m66.1 m

General and administrative expense

2.2 m2.2 m

Operating expense total

62.7 m62.7 m

EBIT

3.4 m3.4 m

EBIT margin, %

5%5%

Interest income

(179 k)(179 k)

Pre tax profit

73.2 m73.2 m

Income tax expense

(505 k)(505 k)

Net Income

72.7 m72.7 m
USDFY, 2015FY, 2016

Cash

143.9 m163 m

Inventories

82.8 m55.9 m

Total Assets

8.8 b8.9 b

Accounts Payable

102.7 m103.9 m

Additional Paid-in Capital

3.8 b4.1 b

Total Equity

5.3 b4.9 b

Financial Leverage

1.7 x1.8 x
USDFY, 2015FY, 2016

Net Income

72.7 m72.7 m

Depreciation and Amortization

34.5 m34.5 m

Inventories

(4.5 m)

Accounts Payable

12.5 m
USDY, 2016

Revenue/Employee

207.3 k

Financial Leverage

1.8 x

Paramount Group Market Value History

Paramount Group News and Updates

Paramount Group Company Life and Culture

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