City Office REIT (CIO) Tops Q1 EPS by 2c, Revenues Beat
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City Office REIT Reports First Quarter 2019 Results
May 3, 2019 6:00 AM EDTVANCOUVER, May 3, 2019 /PRNewswire/ --Â City Office REIT, Inc. (NYSE: CIO) (the "Company" or "City Office"), today announced its results for the quarter ended March 31, 2019.
First Quarter Highlights
GAAP net loss attributable to common stockholders was approximately $2.9 million, or ($0.07) per fully diluted share; Core FFO was approximately $11.8 million, or $0.29 per fully diluted share; AFFO was approximately $8.3 million, or $0.21 per fully diluted share; Same Store Cash NOI increased 1.8% as compared to the first quarter 2018; In-place occupancy closed the quarter at 92.6%; the Company executed... More