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

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City Office REIT Reports Second Quarter 2020 Results

August 6, 2020 6:00 AM EDT

VANCOUVER--(BUSINESS WIRE)-- City Office REIT, Inc. (NYSE: CIO) (the Company, City Office, we or our) today announced its results for the quarter ended June 30, 2020.

Second Quarter Highlights

GAAP net loss attributable to common stockholders was approximately $1.4 million, or ($0.03) per fully diluted share; Core FFO was approximately $14.1 million, or $0.29 per fully diluted share; AFFO was approximately $6.6 million, or $0.14 per fully diluted share; To date, collected over 99% of second quarter contractual base rent; Same Store Cash NOI increased 2.3% as compared to the second quarter of 2019; In-place... More