City Office REIT(CIO) - 2024 Q1 - Quarterly Results
CIOCity Office REIT(CIO)2024-05-03 18:31

Exhibit 99.1 City Office REIT Reports First Quarter 2024 Results VANCOUVER—May 3, 2024 —City Office REIT, Inc. (NYSE: CIO) (the “Company,” “City Office,” “we” or “our”) today announced its results for the quarter ended March 31, 2024. First Quarter Highlights • Rental and other revenues were 44.5million.GAAPnetlossattributabletocommonstockholderswasapproximately44.5 million. GAAP net loss attributable to common stockholders was approximately 2.4 million, or (0.06)perfullydilutedshare;CoreFFOwasapproximately0.06) per fully diluted share; • Core FFO was approximately 13.5 million, or $0.33 per fully diluted share; • AFFO w ...