City Office REIT (CIO) Misses Q4 EPS by 12c, Slight Miss on Revenues

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Go back to City Office REIT (CIO) Misses Q4 EPS by 12c, Slight Miss on Revenues

City Office REIT Reports Fourth Quarter and Full Year 2018 Results

February 27, 2019 6:00 AM EST

VANCOUVER, Feb. 27, 2019 /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, 2018.

Fourth Quarter Highlights

GAAP net loss attributable to common stockholders was approximately $8.7 million, or ($0.22) per fully diluted share; Core FFO was approximately $10.4 million, or $0.26 per fully diluted share; AFFO was approximately $7.4 million, or $0.19 per fully diluted share; In-place occupancy closed the quarter at 90.4%; the Company executed approximately 152,000 square feet of new and renewal leases during the quarter;    ... More