Thursday 29 October 2020

Paramount Group back at work, but tenants waiting until 2021

Paramount Group didn’t see a major improvement in its earnings in the third quarter, but there was one major change from the office landlord’s second-quarter earnings call. “We are back in the office,” said CEO Albert Behler during a Thursday call for analysts, although he added that most of the firm’s tenants are taking a slower approach. Behler noted that the “vast majority” of Paramount’s tenants expect to return to the office in early 2021,



source https://therealdeal.com/2020/10/29/paramount-group-back-at-work-but-tenants-waiting-until-2021/

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