City Office REIT (CIO) Misses Q4 EPS by 1c

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City Office REIT Reports Fourth Quarter and Full Year 2017 Results

March 1, 2018 6:00 AM EST

VANCOUVER, March 1, 2018 /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, 2017.

Fourth Quarter Highlights

GAAP net loss attributable to common stockholders was approximately $2.9 million, or ($0.09) per fully diluted share, Core FFO was approximately $9.6 million, or $0.31 per fully diluted share, and AFFO was approximately $6.6 million, or $0.21 per fully diluted share; In-place occupancy closed the quarter at 88.5%, excluding assets held for sale; the Company executed approximately 278,000 square... More