City Office REIT (CIO) Reports In-Line Q3 EPS

Go back to City Office REIT (CIO) Reports In-Line Q3 EPS

City Office REIT Reports Third Quarter 2019 Results

November 1, 2019 6:00 AM EDT

VANCOUVER--(BUSINESS WIRE)-- City Office REIT, Inc. (NYSE: CIO) (the Company or City Office) today announced its results for the quarter ended September 30, 2019.

Third Quarter Highlights

GAAP net loss attributable to common stockholders was approximately $3.0 million, or ($0.07) per fully diluted share; Core FFO was approximately $12.4 million, or $0.29 per fully diluted share; AFFO was approximately $9.3 million, or $0.22 per fully diluted share; Same Store Cash NOI increased 5.8% as compared to the third quarter of 2018; In-place occupancy closed the quarter at 91.2%, or 93.1% including signed leases that commence... More