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Stock impact report

City Office REIT Reports Fourth Quarter and Full Year 2018 Results

City Office REIT, Inc. (CIO) 
NASDAQ:AMEX Investor Relations: cityofficereit.com
Company Research Source: PR Newswire
VANCOUVER, Feb. 27, 2019 /PRNewswire/ -- City Office REIT, Inc. (NYSE: CIO) (the "Company" or "City Office"), today announced its results for the quarter and full year ended December 31, 2018. Fourth Quarter HighlightsGAAP net loss attributable to common stockholders was approximately $8.7 million, or ($0.22) per fully diluted share; Core FFO was approximately $10.4 million, or $0.26 per fully diluted share; AFFO was approximately $7.4 million, or $0.19 per fully diluted share; In-place occupancy closed the quarter at 90.4%; the Company executed approximately 152,000 square feet of new and renewal leases during the quarter;     Acquired a 155,000 square foot property in Orlando, Florida for $34.5 million ("Greenwood Blvd"); Acquired a 173,000 square foot property in Phoenix, Arizona for $53.2 million ("Camelback Square"); Same Store Cash NOI increased 0.7% as compared to the fourth quarter 2017; Declared a fourth quarter dividend of $0.235 per share of common stock, paid on January 25 Show less Read more
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