Real estate company Paramount's IPO raises $2.29 bln

Real estate company Paramount's IPO raises $2.29 bln

Real estate company Paramount Group Inc said its initial public offering was priced at $17.50 per share, valuing the company at about $4.27 billion. Paramount owns prestigious properties such as San Francisco's One Market Plaza building and New York's 1633 Broadway. The company's tenants include Bank of America Corp, Barclays Plc and the U.S. Paramount owns about 10.4 million square feet of ...

Tue, 18 Nov 2014 15:35:06 -0800

more info...