City Office REIT Inc is a real estate investment trust that specializes in acquiring, owning, and operating office properties located primarily in metropolitan markets across the United States. The company focuses on investing in buildings that typically cater to the needs of a diverse range of tenants, including government agencies and professional services organizations. City Office REIT aims to enhance the value of its properties through active management, repositioning, and strategic leasing efforts, providing a sustainable income stream for its investors. Through its strategic portfolio management, the company plays a significant role in shaping the urban office landscape while responding to the evolving demands of the workspace environment. Read More
Former Attorney General of Louisiana Charles C. Foti, Jr., Esq. and the law firm of Kahn Swick & Foti, LLC (“KSF”) are investigating the proposed sale of City Office REIT, Inc. (NYSE: CIO) to MCME Carell Holdings, LP and MCME Carell Holdings, LLC. Under the terms of the proposed transaction, shareholders of City Office will receive $7.00 in cash for each share of City Office that they own. KSF is seeking to determine whether this consideration and the process that led to it are adequate, or whether the consideration undervalues the Company.
Let's have a look at what is happening on the US markets before the opening bell on Thursday. Below you can find the top gainers and losers in today's pre-market session.
Halper Sadeh LLC, an investor rights law firm, is investigating whether the sale of City Office REIT, Inc. (NYSE: CIO) to MCME Carell Holdings, LP and MCME Carell Holdings, LLC for $7.00 per share in cash is fair to City Office shareholders.
Janet Yellen addresses concerns over commercial real estate and digital assets while expressing optimism for US economy and addressing national debt concerns.
Investors eagerly anticipate the dividend payout from City Office REIT (NYSE:CIO) on October 24, 2023. With a payout of $0.10 per share and an annualized dividend yield of 7.86%, this reward is exclusively for shareholders who held the stock before the ex-dividend date on October 06, 2023
