City Office REIT (CIO) Tops Q2 FFO Expectations

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City Office REIT Reports Second Quarter 2015 Results

August 6, 2015 6:00 AM EDT

-Increases 2015 Same-Store NOI Guidance

-Announces Pending Dallas Acquisition

VANCOUVER, Aug. 6, 2015 /PRNewswire/ -- City Office REIT, Inc. (NYSE: CIO) (the "Company" or "City Office"), today announced its results for the quarter ended June 30, 2015. 

Second Quarter Highlights

Achieved Core Funds From Operations ("Core FFO") of $4.2 million, or $0.27 per fully diluted share; Reported Adjusted Funds From Operations ("AFFO") of $3.3 million, or $0.21 per fully diluted share.  Adding back the leasing commissions associated with the previously announced 178,330 square foot lease... More