City Office REIT to Be Added to the MSCI US REIT Index (RMZ)
VANCOUVER--(BUSINESS WIRE)--Nov 8, 2019--
City Office REIT, Inc. (NYSE: CIO) (“City Office” or the “Company”) announced today that it will be added to the MSCI US REIT Index (RMZ) effective as of the close of market on November 26, 2019.
“We are pleased to be joining the public equity REITs that comprise the RMZ,” said James Farrar, the Company’s Chief Executive Officer. “The inclusion in this leading REIT index is a significant milestone for the Company. We look forward to this opportunity to broaden our shareholder base and increase the visibility of City Office.”
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 18-hour cities in the Southern and Western United States. City Office currently owns or has a controlling interest in 5.9 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.
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, 2018 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.
View source version on businesswire.com:https://www.businesswire.com/news/home/20191108005101/en/
CONTACT: City Office REIT, Inc.
Anthony Maretic, CFO
KEYWORD: NORTH AMERICA CANADA
INDUSTRY KEYWORD: COMMERCIAL BUILDING & REAL ESTATE CONSTRUCTION & PROPERTY REIT
SOURCE: City Office REIT, Inc.
Copyright Business Wire 2019.
PUB: 11/08/2019 06:00 AM/DISC: 11/08/2019 06:01 AM