City Office REIT, Inc. (CIO)
City Office REIT, Inc. operates in the REIT - Office industry of the Real Estate sector, headquartered in Vancouver, TX, US. The stock last traded at $6.99, down 0.14% on the session, giving a market capitalisation of $282.1M. On trailing twelve-month figures it carries a trailing P/E of -2.46, a net margin of -91.0%. Its beta of 1.59 implies it has historically moved more than the broad market.
City Office REIT, Inc., trading as CIO on the NYSE, focuses its investment strategy on acquiring premium office properties. These assets are situated in dynamic urban centers, often referred to as "18-hour cities," distinguished by their robust economic growth, primarily across the Southern and Western United States. As of September 30, 2020, the company's portfolio encompassed office complexes totaling 5.8 million square feet of leasable space, known as Net Rentable Area.
City Office REIT, Inc. is most often compared with the following Real Estate names: