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Stock impact report

City Office REIT Reports Third Quarter 2018 Results

City Office REIT, Inc. (CIO) 
NASDAQ:AMEX Investor Relations: cityofficereit.com
Company Research Source: PR Newswire
VANCOUVER, Nov. 1, 2018 /PRNewswire/ -- City Office REIT, Inc. (NYSE: CIO) (the "Company" or "City Office"), today announced its results for the quarter ended September 30, 2018. Third Quarter HighlightsGAAP net loss attributable to common stockholders was approximately $3.2 million, or ($0.08) per fully diluted share; Core FFO was approximately $10.4 million, or $0.28 per fully diluted share; AFFO was approximately $7.5 million, or $0.20 per fully diluted share; In-place occupancy closed the quarter at 90.1%; the Company executed approximately 199,000 square feet of new and renewal leases during the quarter;     Acquired Circle Point in Denver, Colorado and The Quad in Phoenix, Arizona for an aggregate purchase price of $110.8 million; Same Store NOI increased 4.5% and Same Store Cash NOI increased 0.8% as compared to the third quarter 2017; Issued 3,410,802 shares of common stock pursuant to the Company's at-the-market ("ATM") program at an average price of $12.79 per share for gros Show less Read more
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