City Office REIT's Q3 In-Place Occupancy Was 85.4% And Executed Approximately 119,000 Square Feet Of New And Renewal Leases
Portfolio Pulse from Benzinga Newsdesk
City Office REIT (CIO) reported Q3 in-place occupancy of 85.4% and executed approximately 119,000 square feet of new and renewal leases.
November 09, 2023 | 11:18 am
News sentiment analysis
Sort by:
Ascending
NEUTRAL IMPACT
City Office REIT reported a Q3 in-place occupancy of 85.4% and executed approximately 119,000 square feet of new and renewal leases.
The news is directly about City Office REIT's Q3 performance. The occupancy rate and the amount of new and renewal leases can impact the company's revenue and profitability. However, without additional context such as comparison to previous quarters or market expectations, it's hard to predict the direction of the stock price.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100