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Stock impact report

City Office REIT Reports First Quarter 2024 Results [Yahoo! Finance]

City Office REIT, Inc. (CIO) 
NASDAQ:AMEX Investor Relations: cityofficereit.com
Company Research Source: Yahoo! Finance
First Quarter Highlights Rental and other revenues were $44.5 million . GAAP net loss attributable to common stockholders was approximately $2.4 million , or per fully diluted share; Core FFO was approximately $13.5 million , or per fully diluted share; AFFO was approximately $9.1 million , or per fully diluted share; In-place occupancy was 83.0% as of quarter end, or 86.0% including signed leases not yet occupied; Executed approximately 191,000 square feet of new and renewal leases during the quarter; Declared a first quarter dividend of per share of common stock, paid on April 24, 2024 ; and Declared a first quarter dividend of per share of Series A Preferred Stock, paid on April 24, 2024 "The first quarter's results tracked our expectations and we progressed renovations at several of our properties to drive incremental value," commented James Farrar , the Company's Chief Executive Officer. "As far as the leasing marketplace, we continue to see the return of larger Show less Read more
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