City Office REIT (CIO) Misses Q1 EPS by 1c

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Go back to City Office REIT (CIO) Misses Q1 EPS by 1c

City Office REIT Reports First Quarter 2017 Results

May 5, 2017 6:00 AM EDT

VANCOUVER, May 5, 2017 /PRNewswire/ -- City Office REIT, Inc. (NYSE: CIO) (the "Company" or "City Office"), today announced its results for the quarter ended March 31, 2017.

First Quarter Highlights

GAAP net loss attributable to common stockholders was approximately $3.3 million, or ($0.11) per fully diluted share, Core FFO was approximately $7.8 million, or $0.26 per fully diluted share, and AFFO was approximately $6.0 million, or $0.20 per fully diluted share; In-place occupancy closed the quarter at 90.2%; the Company executed approximately 262,000 square feet of new and renewal leases during the quarter; Property Net... More