City Office REIT Announces First Closing of Phoenix Portfolio Sale
VANCOUVER, Aug. 15, 2025 /PRNewswire/ -- City Office REIT, Inc. (NYSE: CIO) (the "Company," "City Office," "we" or "our") announced today that it has completed the first closing in the sale of its ...
What is the expected tax impact of the $266 million proceeds on the REIT’s net income and distribution per share?
How does this sale compare to recent portfolio dispositions by peer office REITs in terms of size and timing?
Will the transaction trigger any covenants or re‑pricing of the REIT's credit facilities?
24 days ago