City Office REIT Inc Stock News

Real estate stocks are forming the perfect storm. First, the pandemic greatly reduced society's desire to use various kinds of commercial real estate.

There are many bargains in the REIT sector today. But not all that glitters is gold. Quite a few REITs can't sustain their dividends. Here are 5 of them.

VANCOUVER , June 30, 2023 /PRNewswire/ -- City Office REIT, Inc. (NYSE: CIO) ("City Office" or the "Company") announced today it will release its financial results for the quarter ended June 30, 2023

City Office REIT (CIO) faces challenges due to a high debt ratio, unfavorable lease maturities, and rising interest rate costs, making its equity a less attractive investment. CIO's preferred shares o

City Office REIT has recently cut the dividend on its common shares, and that's good news as the payout ratio will now drop below 100%. The preferred shares are still in good shape thanks to a safety

The sector got pounded hard today. The biggest decliners fell over 10%.

The new pariah of the commercial real estate sector, Office REITs, have remained in free-fall in recent months, plunging another 30% this year following a plunge of nearly 40% last year. Just how bad

In the past decade, many REITs have become complacent and devised aggressive financing strategies that were underpinned by low interest rates. The sudden shift in the interest rates and a probability

I expect many more dividend cuts in the coming quarters. Office REITs are facing a perfect storm.

U.S. equity markets finished lower on a turbulent week after the Federal Reserve continued its historically-aggressive monetary tightening course, sparking renewed turmoil in the regional banking sect

An office REIT located in the promising sunbelt region. Unfortunately, with high lease expirations and low liquidity.

City Office REIT, Inc. (NYSE:CIO ) Q1 2023 Earnings Conference Call May 5, 2023 11:00 AM ET Company Participants Tony Maretic - CFO, Treasurer & Corporate Secretary Jamie Farrar - CEO Conference Call

City Office REIT (CIO) came out with quarterly funds from operations (FFO) of $0.37 per share, beating the Zacks Consensus Estimate of $0.36 per share. This compares to FFO of $0.40 per share a year a

Many REITs opportunistically repurchased shares at a discount to their net asset value. Those buybacks could help boost their values in the future.

Almost $1.5 trillion of U.S. commercial real estate debt comes due for repayment before the end of 2025. Most REITs are in good shape in terms of their balance sheets, but we are beginning to see more