Investor Presentaiton
2024 Core FFO Bridge - Alternative Presentation (Excluding Non-Core Assets (¹))
$0.88
$0.87
($0.01)
($0.16)(2)
$0.86
$0.85
$0.82
$0.79
$0.76
$0.73
$0.70
$0.67
$0.64
$0.61
$0.58
2023
Core FFO
As Reported
Adjustment for 2023 Core FFO
Non-Core
Assets
As Adjusted
(1)
$0.08
($0.03)
$0.08
($0.02)
($0.04)
Significant Free Rent Burn-
Expirations (2) Off/Rent Steps, Income
Termination S/L Rent & FAS
141 Adjustments
Interest and
Fee Income,
net
net
Interest
Expense
($0.01)
$0.76
G&A
2024
Core FFO
(1) Non-core assets include 111 Sutter Street and Market Center. See page 11 for details.
(2) Represents leases over 50,000 square feet and includes (i) the carryover impact of 2023 lease expirations/terminations such as Credit Agricole, Uber and Extreme Reach, as well as (ii) 2024 lease expirations, such as Clifford Chance.
12
PARAMOUNT GROUPView entire presentation