City Office REIT (CIO) Reports In-Line Q2 EPS, Revenues Miss

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Go back to City Office REIT (CIO) Reports In-Line Q2 EPS, Revenues Miss

City Office REIT Reports Second Quarter 2018 Results

August 2, 2018 6:00 AM EDT

VANCOUVER, Aug. 2, 2018 /PRNewswire/ -- City Office REIT, Inc. (NYSE: CIO) (the "Company" or "City Office"), today announced its results for the quarter ended June 30, 2018.

Second Quarter Highlights

GAAP net loss attributable to common stockholders was approximately $2.7 million, or ($0.07) per fully diluted share; Core FFO was approximately $9.3 million, or $0.26 per fully diluted share; AFFO was approximately $7.1 million, or $0.19 per fully diluted share; In-place occupancy closed the quarter at 89.6%; the Company executed approximately 140,000 square feet of new and renewal leases during the quarter;    ... More