U.S. real estate firm Paramount Group Inc. filed papers for an initial public offering with the Securities and Exchange Commission on Wednesday, in what could be one of the largest real estate IPOs in the U.S., The Wall Street Journal reports.
New York-based Paramount is looking to raise over $2.5 billion in the offering, with plans to structure itself as a real estate investment trust after the offering, people familiar with the matter told Bloomberg News.
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