Tranche Update on City Office REIT, Inc.'s Equity Buyback Plan announced on August 6, 2020.
November 07, 2022 at 06:16 am EST
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From July 1, 2022 to September 30, 2022, the company has repurchased 3,612,064 shares, representing 8.34% for $45.01 million. With this, the company has completed the repurchase of 4,006,897 shares, representing 9.24% for $50 million under the buyback announced on August 6, 2020.
City Office REIT, Inc. is an internally managed real estate company. The Company is focused on acquiring, owning and operating office properties located predominantly in the Sun Belt markets. The Company owns about 24 properties comprised of 58 office buildings with a total of approximately 5.7 million square feet of net rentable area (NRA) in the metropolitan areas of Dallas, Denver, Orlando, Phoenix, Portland, Raleigh, San Diego, Seattle and Tampa. The Company's properties include The Terraces, 2525 McKinnon, Block 23, Pima Center, Canyon Park, Mission City, AmberGlen, Cascade Station, Bloc 83, Greenwood Blvd, Central Fairwinds, Florida Research Park, Denver Tech, Circle Point, Superior Pointe, Carillon Point, Intellicenter, City Center, Park Tower, Papago Tech, The Quad, Camelback Square, 5090 N 40th St, and SanTan among others.
CITY OFFICE REIT, INC. 
