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Stock impact report

City Office REIT Reports Fourth Quarter and Full Year 2023 Results [Yahoo! Finance]

City Office REIT, Inc. (CIO) 
NASDAQ:AMEX Investor Relations: cityofficereit.com
Company Research Source: Yahoo! Finance
Fourth Quarter Highlights Rental and other revenues were $44.3 million . GAAP net loss attributable to common stockholders was approximately $4.5 million , or per fully diluted share; Core FFO was approximately $13.5 million , or per fully diluted share; AFFO was approximately $9.3 million , or per fully diluted share; In-place occupancy was 84.5% as of quarter end; Executed approximately 134,000 square feet of new and renewal leases during the quarter; Declared a fourth quarter dividend of per share of common stock, paid on January 24, 2024 ; and Declared a fourth quarter dividend of per share of Series A Preferred Stock, paid on January 24, 2024 "We are seeing positive signs that leasing activity is gathering momentum, especially across our premium properties and locations," commented James Farrar , the Company's Chief Executive Officer. "The new leasing achieved in the fourth quarter was the most new leasing of any quarter in 2023, and those leases had a healthy ei Show less Read more
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