---
schema_version: "secwatch.filing_event.v1"
accession: "0001193125-24-129899"
form_type: "8-K"
ticker: null
cik: "0001593222"
company_name: "City Office REIT, Inc."
filed_at: "2024-05-03T23:59:59+00:00"
generated_at: "2026-06-02T23:09:52.098682+00:00"
event_type: "earnings"
sentiment: "neutral"
materiality_score: 0.6
calibrated_materiality_score: 0.6
confidence: "high"
source: SEC EDGAR
---

# City Office REIT Q1 net loss $2.4M, Core FFO $0.33; updates WeWork exposure at two properties

## Summary
- Rental revenues $44.5M; GAAP net loss $2.4M ($0.06/share); Core FFO $13.5M ($0.33/share); AFFO $9.1M ($0.22/share).
- In-place occupancy 83.0% (86.0% including signed leases); executed ~191K sq ft new/renewal leases.
- Common dividend $0.10/share paid Apr 24; Series A preferred dividend $0.4140625/share paid Apr 24.
- Updated guidance for WeWork: expects to take back one floor at Terraces (Dallas) and Bloc 83 (Raleigh); no full-floor vacancies at those assets.
- Notable new leases: 29K sq ft 11-yr financial tenant at Bloc 83, 43K sq ft 10.5-yr healthcare tenant at FRP Ingenuity Drive.

## SEC filing metadata
- accession: 0001193125-24-129899
- form_type: 8-K
- cik: 0001593222
- company_name: City Office REIT, Inc.
- filed_at: 2024-05-03T23:59:59+00:00
- event_type: earnings
- sentiment: neutral
- materiality_score: 0.6
- calibrated_materiality_score: 0.6
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1593222/000119312524129899/0001193125-24-129899-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1593222/000119312524129899/d827440d8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001193125-24-129899
- JSON: https://secwatch.observer/filing/0001193125-24-129899.json
- Plain text: https://secwatch.observer/filing/0001193125-24-129899.txt

## Key facts
- Earnings Releases
  City Office REIT, Inc. reported the quarter ended March 31, 2024 results: revenue $44.5 million.
  - Period: the quarter ended March 31, 2024
  - Revenue: $44.5 million
  - Result: reported results
  source text: CIO) (the “Company,” “City Office,” “we” or “our”) today announced its results for the quarter ended March 31, 2024. First Quarter Highlights • Rental and other revenues were $44.5 million. GAAP net loss attributable to common stockholders was approximately $2.4 million, or ($0.06) per fully diluted share; • Core FFO was approximately $13.5 million, or $0.33 per
  evidence_url: https://www.sec.gov/Archives/edgar/data/1593222/000119312524129899/0001193125-24-129899-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.