Investor Presentaiton
Capital Structure Overview
Capital Structure
(in thousands, except per share amounts)
Stock Price
Common Shares
Operating Partnership Units
Total Shares / Units Outstanding
Equity Market Capitalization
At
Green Street
(1)
NAV
$7.50
217,366
19,468
236,834
$1,776,256
Liquidity ($ in Millions) (6)
$1,219.1
$469.1
$750.0
Consolidated Debt:
Notes & Mortgages Payable
(2)
3,817,050
Less:
Noncontrolling Interests' Share of Consolidated Debt
(3)
$3,663.9
3.90%
(782,120)
Add:
(4)
PGRE's Share of Unconsolidated JV Debt
628,938
PGRE's Share of Total Debt (5)
3,663,868
Total Market Capitalization
5,440,124
PGRE's Share of Cash & Restricted Cash
(469,084)
Total Enterprise Value
$4,971,040
■Revolver Availability Cash & Restr. Cash
Debt Composition ($ in Millions) (2) (6)
$477.9
8.01%
0
$3,186.0
3.28%
Net Debt
$3,194,784
Net Debt Enterprise Value
64.3%
■ Secured
100%
■ Unsecured
■ Fixed
■ Floating
0%
87.0%
13.0%
(1) Represents Green Street's estimate of NAV per share as of February 1, 2024.
(2)
Represents contractual amounts due pursuant to the respective debt agreements.
(3)
Represents noncontrolling partners' share of debt of 1633 Broadway, One Market Plaza and 300 Mission Street.
(4)
Represents our share of 712 Fifth Avenue, Market Center, 55 Second Street, 111 Sutter Street, 60 Wall Street, 1600 Broadway and Oder-Center Germany.
(5)
Please see Appendix for our definition of this measure.
(6)
At our share.
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PARAMOUNT GROUPView entire presentation