Paramount Declares Regular Quarterly Dividend

NEW YORK–(BUSINESS WIRE)–Paramount
Group, Inc.
 (NYSE:PGRE) (“Paramount”) announced today that its board
of directors has declared a regular quarterly cash dividend of $0.10 per
share of common stock for the period from April 1, 2019 to June 30,
2019. The dividend will be payable on July 15, 2019 to
stockholders of record as of the close of business on June 28, 2019.

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,
San Francisco and Washington, D.C. 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.

Contacts

Wilbur Paes
Executive Vice President, Chief Financial Officer
212-237-3122
[email protected]

Robert
Simone
Director, Business Development & Investor Relations
212-237-3138
[email protected]

Media:
212-492-2285
[email protected]

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