City Office REIT (CIO) Misses Q3 EPS by 12c

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City Office REIT (CIO) on Track to Complete Guided $200M in Acquisitions; Compass Point Reiterates Buy

November 9, 2015 9:09 AM EST

Compass Point reiterated a Buy rating and $15.50 price target on City Office REIT (NYSE: CIO) following the company's 3Q earnings report. During 3Q15 CIO acquired 2 properties for an aggregate purchase price of approximately $101M. With these acquisitions the company has completed $172.3M of acquisitions YTD and has therefore employed all of the capital... More