Paramount Group (PGRE) Reports In-Line Q4 FFO, Offers FY Guidance

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Go back to Paramount Group (PGRE) Reports In-Line Q4 FFO, Offers FY Guidance

Paramount Announces Fourth Quarter 2015 Results

February 23, 2016 4:15 PM EST

Reports Fourth Quarter Core FFO of $0.21 per Diluted Share

Reports 2015 Core FFO of $0.81 per Diluted Share

Leases 1.4 Million Square Feet in 2015

Initiates Guidance for Full Year 2016

NEW YORK--(BUSINESS WIRE)-- Paramount Group, Inc. (NYSE: PGRE) (Paramount or the Company) today reported results for the quarter ended December 31, 2015.

Fourth Quarter Highlights:

Reported Core Funds from Operations (Core FFO) attributable to common stockholders of $45.2 million, or $0.21 per diluted share, for the quarter ended December 31, 2015. Leased... More