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City Office Reit Inc   (CIO)
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Price: $5.1600 $0.33 6.832%
Day's High: $5.18 Week Perf: 12.91 %
Day's Low: $ 4.80 30 Day Perf: 36.51 %
Volume (M): 302 52 Wk High: $ 10.24
Volume (M$): $ 1,558 52 Wk Avg: $6.15
Open: $4.83 52 Wk Low: $3.46



 Market Capitalization (Millions $) 206
 Shares Outstanding (Millions) 40
 Employees 79
 Revenues (TTM) (Millions $) 179
 Net Income (TTM) (Millions $) -12
 Cash Flow (TTM) (Millions $) 11
 Capital Exp. (TTM) (Millions $) 32

City Office Reit Inc
City Office REIT Inc (CIO) is a US-based real estate investment trust that primarily invests in commercial office properties across key metropolitan areas in the United States. The company's portfolio consists of more than 70 properties, including office buildings and retail spaces, covering approximately3 million square feet. City Office REIT primarily focuses on properties that are located in central business districts, suburban business centers, and other strategic locations with easy access to transportation and amenities.

The company's properties are spread out across 13 states, including Arizona, Florida, Georgia, Missouri, Tennessee, and Texas, among others. City Office REIT's portfolio is diversified across a wide range of tenants, including government agencies, financial institutions, technology companies, and professional service providers, among others. The company's tenant base is also diverse in terms of industry, with no single tenant accounting for more than 5% of the company's total annualized base rent.

City Office REIT's business model is centered around generating cash flow through rental income from its properties. The company's leasing strategy is designed to lease office space to high-quality tenants for the long term, typically three to five years, with regular rent increases built into the lease agreements. The company's active asset management approach ensures that the properties are well-maintained and perform well in the market.

One of City Office REIT's key strengths is its extensive experience in the commercial office real estate sector. The company's management team has a combined 100+ years of experience in the industry and has demonstrated success in acquiring, managing, and operating quality office properties. The company's financial performance has also been strong in recent years, with steady growth in net operating income and funds from operations.

In conclusion, City Office REIT Inc is a real estate investment trust primarily focused on commercial office properties in key metropolitan areas across the United States. The company's portfolio is diversified across a wide range of tenants and industries, and its leasing strategy is designed to generate steady cash flow through long-term lease agreements with regular rent increases. With a experienced management team and a strong financial track record, City Office REIT is well-positioned to continue delivering value to its shareholders.


   Company Address: 666 Burrard Street Vancouver 0 BC
   Company Phone Number: 806-3366   Stock Exchange / Ticker: NYSE CIO
   CIO is expected to report next financial results on February 22, 2024.


   

Stock Performances by Major Competitors

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Power Reit

Breaking down third quarter of 2023 numbers, the Real Estate Investment Trusts company's saw that revenue has tumbled

Power Reit, a Real Estate Investment Trusts company, recently reported disappointing financial results for the July to September 30, 2023 time-frame. The company's revenue experienced a significant decline of 75.666%, reaching only $0.49 million. Additionally, the shortfall per share increased to $-3.01 from the same reporting season a year ago. This drastic decrease in business stands in stark contrast to the average revenue growth observed in the Real Estate Investment Trusts industry during the same period.
In comparison to the preceding reporting season, where the company had a shortfall per share of $-0.69 and revenue of $0.22 million, Power Reit saw a sequential revenue increase of 124.202%. However, despite this increase, the company still experienced a net shortfall of $-10.023 million for the financial third quarter of 2023, compared to zero gains during the same reporting season the previous year.

Calethos Inc

Business expenses have been on the rise at the Calethos Inc in the third quarter of 2023

Following the recent reports from bellwethers in the Real Estate Investment Trusts (REITs) industry, attention is shifting to some overlooked corporations, including RSRT and Calethos Inc., as they prepare to release their financial results. RSRT has recently announced an operating shortfall of $-0.092 million for the third quarter of 2023. As the corporation continues to develop, shareholders eagerly await the implementation of a new business model as soon as possible, as they do not solely rely on the current productivity improvements at the company.
Despite the current circumstances, it is important to note that profitability has a minimal impact on the organization. In fact, RSRT suffered a deficit of $-0.098 million in the third quarter of 2023, despite its profitability in the same period of 2022. These figures highlight the volatility and unpredictability of the REITs industry, where market conditions and a company's specific situation can greatly impact their financial outcomes.

Empire State Realty Op L P

Empire State Realty Op L P Delivers Impressive Q3 Profits, Surging by 133.33% Amidst Market Volatility

Over the course of the last five trading days, Empire State Realty Op L P shares have experienced a decline of -2.39%. This brings their year-to-date performance to a positive 24.92%. Currently, Empire State Realty Op L P shares are trading on the NYSEArca at a value that is 13.8% above its 52-week average.
Despite the recent decline in share value, Empire State Realty Op L P posted very strong profitability numbers in the fiscal third quarter of 2023. During this period, their income per share increased significantly by 133.33% to $0.07 per share. Additionally, their revenue grew moderately by 4.253% to $191.53 million compared to the same reporting season the previous year.

Strawberry Fields Reit Inc

Earnings Take a Dip, but Revenue Shows Promise for Strawberry Fields REIT Inc in Latest Fiscal Period

In a world of uncertainty, one sector remains steadfast and reliable ? the stock market. And within the realm of the stock market, Real Estate Investment Trusts (REITs) have always been a safe bet for investors. Today, we bring you some exciting news about a particular REIT company that experienced mixed earnings in the most recent fiscal period.
Strawberry Fields REIT Inc, known for its dedication to growth and innovation, reported a fascinating set of earnings. While revenue increased by a remarkable 6.338% to $25.77 million compared to the prior year, there was a slight decline in earnings per share, which dropped by -47.06% to $0.09 per share.

Umh Properties Inc

UMH Properties Inc's Subpar Financial Performance Reflects Struggles with Operational Efficiency and Raises Concerns for Future Prospects



UMH Properties Inc, a Real Estate Investment Trust (REIT) company, disappointed investors with its fiscal third quarter (Q3) 2023 financial results. Despite a marginal improvement in revenue, the company reported a significant increase in losses compared to the previous quarter. Moreover, UMH Properties Inc's underperformance relative to its sector peers and its low stock performance raise concerns about its future prospects.
Unimpressive Financial Performance
UMH Properties Inc recorded a loss per share of $-0.09 in Q3 2023, showing a slight improvement from the previous year's $-0.18 loss per share. However, this improvement is overshadowed by the fact that the company's losses increased from $-0.07 per share compared to the prior quarter. These results indicate a lack of operational efficiency and suggest that the company is struggling to control its costs effectively.






 

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