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Paramount Group Inc PGRE

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Morningstar’s Analysis

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1-Star Price

PREMIUM

5-Star Price

PREMIUM

Economic Moat

PREMIUM

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Company Profile

Business Description

Paramount Group Inc is a real estate investment trust engaged in acquiring, managing, and redeveloping office properties in the central business district submarkets of New York City, Washington DC, and San Francisco. Most of the company's real estate portfolio is located in Manhattan, New York in terms of total square footage. Paramount Group derives nearly all of its revenue in the form of rental income from leasing its offices to tenants. The company's New York City assets generate the majority of its total revenue. Firms from the financial services, legal services, and technology and media industries are Paramount Group's major customers and contribute the majority of its total rental revenue.

Contact
1633 Broadway, Suite 1801
New York, NY, 10019
T +1 212 237-3100
Sector Real Estate
Industry REIT - Office
Most Recent Earnings Sep 30, 2020
Fiscal Year End Dec 31, 2020
Stock Type Hard Assets
Employees 317