City Office REIT (CIO) Tops Q4 EPS by 3c

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City Office REIT Reports Fourth Quarter and Full Year 2016 Results

March 2, 2017 6:00 AM EST

VANCOUVER, March 2, 2017 /PRNewswire/ -- City Office REIT, Inc. (NYSE: CIO) (the "Company" or "City Office"), today announced its results for the quarter and full year ended December 31, 2016.

Fourth Quarter Highlights

GAAP net loss attributable to common stockholders was approximately $5.1 million, or ($0.21) per fully diluted share, Core FFO was approximately $5.6 million, or $0.23 per fully diluted share, and AFFO was approximately $4.2 million, or $0.17 per fully diluted share; In-place occupancy closed the quarter at 91.0%; the Company executed approximately 177,000 square feet of new and renewal leases... More