Paramount Group (PGRE) Reports In-Line Q3 FFO

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Paramount Announces Third Quarter 2015 Results

November 5, 2015 4:16 PM EST

Reports Core FFO of $0.20 per Diluted Share

Leases over 1 million square feet through the end of October

Raises Guidance for Full Year 2015

NEW YORK--(BUSINESS WIRE)-- Paramount Group, Inc. (NYSE: PGRE) (the Company) today reported results for the quarter ended September 30, 2015.

Third Quarter Highlights:

Reported Core Funds from Operations (Core FFO) attributable to common stockholders of $42.3 million, or $0.20 per diluted share, for the quarter ended September 30, 2015. Leased 390,142 square feet at a weighted average initial rent of... More