City Office REIT (CIO) Tops Q2 EPS

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City Office REIT Reports Second Quarter 2017 Results

August 3, 2017 6:00 AM EDT

VANCOUVER, Aug. 3, 2017 /PRNewswire/ -- City Office REIT, Inc. (NYSE: CIO) (the "Company" or "City Office"), today announced its results for the quarter ended June 30, 2017.

Second Quarter Highlights

GAAP net income attributable to common stockholders was approximately $8.2 million, or $0.27 per fully diluted share, Core FFO was approximately $6.4 million, or $0.21 per fully diluted share, and AFFO was approximately $5.3 million, or $0.17 per fully diluted share; In-place occupancy closed the quarter at 90.1%; the Company executed approximately 174,000 square feet of new and renewal leases during the quarter;... More