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Sector | Real Estate |
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Industry | REIT - Office |
Exchange | NYSE |
CurrencyCode | USD |
ISIN | US1785872003 |
Beta | 1.99 |
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Market Cap | 347M |
PE Ratio | 1.8 |
Target Price | None |
Dividend Yield | 8.9% |
City Office REIT, Inc. (the "Company") was organized in the state of Maryland on November 26, 2013. On April 21, 2014, the Company completed its initial public offering ("IPO") of shares of the Company's common stock. The Company contributed the net proceeds of the IPO to City Office REIT Operating Partnership, L.P., a Maryland limited partnership (the "Operating Partnership"), in exchange for common units of limited partnership interest in the Operating Partnership ("common units").
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