May. 19 at 8:24 PM
Paramount Group (
$PGRE) shakes up leadership as COO/CFO and GC exit. New CFO Berberi steps in while the Board explores strategic alternatives. With a 0.38 P/B ratio, is this the catalyst to close the valuation gap? High debt and office sector woes remain, but Wall Street loves a good 'for sale' sign.
https://www.sec.gov/Archives/edgar/data/1605607/000095017025074380/pgre-20250515.htm