SCHEDULE: Cohen & Steers Discloses 8.66% Stake in Paramount Group

Cohen & Steers, Inc. and its affiliates have disclosed a passive beneficial ownership of 8.66% in Paramount Group, Inc.'s Common Stock.

Summary

• Cohen & Steers, Inc. reported beneficial ownership of 18,984,946 shares of Paramount Group, Inc. Common Stock, representing 8.66% of the class.
• Cohen & Steers Capital Management, Inc., a subsidiary, reported beneficial ownership of 18,960,544 shares, representing 8.65% of the class.
• Cohen & Steers UK Ltd. reported beneficial ownership of 24,402 shares, representing 0.01% of the class.
• The reporting persons disclaim any intent to change or influence the control of Paramount Group, Inc., stating the securities were acquired and are held in the ordinary course of business.

Sentiment

Score: 5

Explanation: This is a factual disclosure of passive ownership, providing no performance, strategic, or operational updates for the issuer. Sentiment is neutral.

Future Outlook

NA

Industry Context

This filing is a routine disclosure of passive ownership by an investment management firm, Cohen & Steers, which specializes in real estate and infrastructure investments. Such disclosures are common for institutional investors holding significant, non-controlling stakes in publicly traded companies, particularly REITs like Paramount Group, Inc.

Stakeholder Impact

• Shareholders: Provides transparency regarding a significant institutional holder's passive stake, which may offer some stability or confidence in the stock.

Key Dates

Keywords

Paramount Group, Cohen & Steers, Common Stock, Beneficial Ownership, SEC Filing, Schedule 13G, Real Estate Investment Trust, REIT