Paramount Group Inc (NYSE:PGRE)
$ 4.75 -0.02 (-0.42%) Market Cap: 1.03 Bil Enterprise Value: 4.39 Bil PE Ratio: 0 PB Ratio: 0.33 GF Score: 67/100
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Paramount Group Inc at REITWeek: NAREIT's Investor Forum Transcript

Jun 05, 2019 / 05:15PM GMT
Release Date Price: $14.46 (+1.47%)
Stephen Thomas Sakwa
Evercore ISI Institutional Equities, Research Division - Senior MD & Senior Equity Research Analyst

Okay. Good afternoon. We're going to get started with the 1:15 session with Paramount Group. I am Steve Sakwa. I head the real estate research effort at Evercore ISI. I'm very happy to have 3 members of management here up on the panel. To my left is Albert Behler, the CEO of the company; to his left is Peter Brindley, EVP of Leasing; and finally, Wilbur Paes who is the Chief Financial Officer.

Many of you know that Paramount is a CBD-focused office company in 3 core markets of Washington, New York and San Francisco. I'm just going to jump right into questions for the 3 gentlemen. I will leave some time for the audience to ask any questions as well.

Questions & Answers

Stephen Thomas Sakwa
Evercore ISI Institutional Equities, Research Division - Senior MD & Senior Equity Research Analyst

So Albert, let me first start, just kind of big-picture strategy. Since the IPO, we're coming up almost on 5 years now. I think

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