NEW YORK CITY—Office landlord Paramount Group Inc. has filed for an IPO that could be the largest ever by a US company seeking REIT status. Citing unnamed sources said to be familiar with the matter, Bloomberg reported on Thursday that the owner of 10.4 million square feet in New York, San Francisco and Washington, DC is seeking to raise $2.5 billion.

If the Bloomberg report is accurate, the $2.5-billion stock offering would be second only to Hilton Worldwide Holdings’ $2.7-billion IPO last fall among US-based real estate firms. The largest REIT IPO to date was Douglas Emmett‘s in 2006, which raised $1.4 billion.

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