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

Cohen & Steers, Inc. and its affiliates reported a passive beneficial ownership of 8.66% of Paramount Group, Inc.'s common stock as of June 30, 2025.

Summary

• Cohen & Steers, Inc., a Delaware corporation, along with its affiliates Cohen & Steers Capital Management, Inc., Cohen & Steers UK Ltd, Cohen & Steers Asia Limited, and Cohen & Steers Ireland Limited, filed a Schedule 13G.
• As of June 30, 2025, Cohen & Steers, Inc. beneficially owned an aggregate of 18,984,946 shares of Paramount Group, Inc.'s Common Stock, representing 8.66% of the class.
• Cohen & Steers Capital Management, Inc. beneficially owned 18,960,544 shares, representing 8.65% of the class, with sole voting power over 12,130,329 shares and sole dispositive power over 18,960,544 shares.
• Cohen & Steers UK Ltd beneficially owned 24,402 shares, representing 0.01% of the class, with sole dispositive power over these shares.
• The reporting persons certified that the securities were acquired and are held in the ordinary course of business and not for the purpose of changing or influencing the control of Paramount Group, Inc.

Sentiment

Score: 5

Explanation: The filing is a standard beneficial ownership disclosure (Schedule 13G) indicating a passive stake. It contains no positive or negative operational news for the issuer, thus maintaining a neutral sentiment.

Future Outlook

NA

Management Comments

• The securities referred to above were acquired and are held in the ordinary course of business and were not acquired and are not held for the purpose of or with the effect of changing or influencing the control of the issuer of the securities and were not acquired and are not held in connection with or as a participant in any transaction having that purpose or effect, other than activities solely in connection with a nomination under §§ 240.14a-11.
• The foreign regulatory scheme applicable to Corporation is substantially comparable to the regulatory scheme applicable to the functionally equivalent U.S. institution(s).

Industry Context

This filing indicates a significant passive investment by a major real estate investment manager, Cohen & Steers, in Paramount Group, Inc., a real estate investment trust (REIT). Such disclosures are common for institutional investors managing diversified portfolios, reflecting their investment strategies within the real estate sector.

Stakeholder Impact

• Shareholders: Provides transparency regarding significant institutional ownership in the company.
• Investment Community: Offers insight into the investment strategies and holdings of a prominent real estate investment manager.

Key Dates

Keywords

Paramount Group, Cohen & Steers, Schedule 13G, Beneficial Ownership, Common Stock, Real Estate Investment Trust, Institutional Investor, Investment Management