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Stock impact report

City Office REIT Reports First Quarter 2025 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 $42.3 million . GAAP net loss attributable to common stockholders was approximately $3.5 million , or per fully diluted share; Core FFO was approximately $12.3 million , or per fully diluted share; AFFO was approximately $6.5 million , or per fully diluted share; In-place occupancy was 84.9% as of quarter end, or 87.6% including signed leases not yet occupied; Executed approximately 144,000 square feet of new and renewal leases during the quarter; Same Store Cash NOI increased 4.4% as compared to the first quarter of 2024; Declared a first quarter dividend of per share of common stock, paid on April 24, 2025 ; and Declared a first quarter dividend of per share of Series A Preferred Stock, paid on April 24, 2025 Highlights Subsequent to Quarter End Entered into an agreement with an affiliate of Property Markets Group ("PMG") to redevelop a portion of the Company's City Center property in St. Petersburg, Florid Show less Read more
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