Business Wire | Mar 15, 2021 08:00AM EDT

Paramount Declares Regular Quarterly Dividend

Mar. 15, 2021

NEW YORK--(BUSINESS WIRE)--Mar. 15, 2021--Paramount Group, Inc. (NYSE: PGRE) ("Paramount") announced today that its board of directors has declared a regular quarterly cash dividend of $0.07 per share of common stock for the period from January 1, 2021 to March 31, 2021. The dividend will be payable on April 15, 2021 to stockholders of record as of the close of business on March 31, 2021.

About Paramount Group, Inc.

Headquartered in New York City, Paramount Group, Inc. is a fully-integrated real estate investment trust that owns, operates, manages, acquires and redevelops high-quality, Class A office properties located in select central business district submarkets of New York City and San Francisco. Paramount is focused on maximizing the value of its portfolio by leveraging the sought-after locations of its assets and its proven property management capabilities to attract and retain high-quality tenants.

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CONTACT: Wilbur Paes Chief Operating Officer, Chief Financial Officer and Treasurer 212-237-3122 ir@paramount-group.com

CONTACT: Media: 212-492-2285 pr@paramount-group.com