City Office REIT (CIO) Tops Q4 EPS by 6c

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Go back to City Office REIT (CIO) Tops Q4 EPS by 6c

 City Office REIT Reports Fourth Quarter and Full Year 2019 Results

February 26, 2020 5:30 AM EST

VANCOUVER--(BUSINESS WIRE)-- City Office REIT, Inc. (NYSE: CIO) (the Company or City Office), today announced its results for the quarter and full year ended December 31, 2019.

Fourth Quarter Highlights

GAAP net income attributable to common stockholders was approximately $1.0 million, or $0.02 per fully diluted share; Core FFO was approximately $13.4 million, or $0.25 per fully diluted share; AFFO was approximately $7.9 million, or $0.14 per fully diluted share; In-place occupancy closed the quarter at 91.9%; the Company executed approximately 331,000 square feet of new and renewal leases during the... More