VANCOUVER, Sept. 14, 2018 /PRNewswire/ -- City Office REIT,
Inc. (NYSE: CIO) (the "Company" or "City Office") announced today
that its Board of Directors authorized a quarterly dividend of
$0.235 per share of common stock and
common unit of partnership interest for the third quarter of
2018.
Additionally, the Board of Directors authorized a regular
quarterly dividend of $0.4140625 per
share of the Company's 6.625% Series A Cumulative Redeemable
Preferred Stock.
The dividends will be payable on October
25, 2018 to all stockholders and operating partnership
unitholders of record as of the close of business on October 11, 2018.
About City Office REIT, Inc.
City Office REIT is an
internally-managed real estate company focused on acquiring, owning
and operating high-quality office properties located in leading
markets in the Southern and Western
United States. City Office currently owns or has a
controlling interest in 5.3 million square feet of office
properties. Additional information about City Office is available
on the Company's website at www.cityofficereit.com. The Company has
elected to be taxed as a real estate investment trust for U.S.
federal income tax purposes.
Forward-looking Statements
This press release contains
"forward looking statements" within the meaning of the "safe
harbor" provisions of the Private Securities Litigation Reform Act
of 1995 and other federal securities laws. All statements
that are not statements of historical facts are, or may be deemed
to be, forward looking statements. Forward looking statements
reflect the Company's current expectations concerning future
results, objectives, plans and goals, and involve known and unknown
risks, uncertainties and other factors that are difficult to
predict and which may cause future results, performance or
achievements to differ. These risks, uncertainties and other
factors include factors described in the Company's news releases
and filings with the Securities and Exchange Commission, including
the Company's Annual Report on Form 10-K for the year ended
December 31, 2017 and subsequent
Quarterly Reports on Form 10-Q, which have been filed with the
Securities and Exchange Commission. Readers of this press
release are cautioned to consider these risks and uncertainties and
not to place undue reliance on any forward-looking
statements. The Company does not undertake any obligation to
publicly update any forward-looking statement, whether written or
oral, relating to matters discussed in this press release, except
as may be required by applicable securities laws.
Contact
City Office REIT, Inc.
Anthony Maretic, CFO
+1-604-806-3366
investorrelations@cityofficereit.com
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SOURCE City Office REIT, Inc.