Investor Presentaiton
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(1)
COMPANY HIGHLIGHTS
CITY OFFICE REIT
INVESTING IN LEADING SUN BELT MARKETS
Bloc 83, Raleigh
ā Attractive Sun Belt markets are capitalizing on labor force migration and corporate relocations
Population shift to the Sun Belt has been accelerated by the pandemic
ā
26% rent growth over the last five years with healthy future growth expected (1)
HIGH-QUALITY, DIVERSIFIED PORTFOLIO
Mission City, San Diego
6.0 million square feet of well-located properties across 60 buildings
Majority of the portfolio is Class A, core assets with strong tenancy
Entire portfolio had 99%+ rental collections throughout the pandemic
MANAGEMENT TEAM WITH AN EXCELLENT TRACK RECORD
Sorrento Mesa, San Diego
Vical
CIO's ten dispositions have generated over $570 million of gains on sale
CIO's 81% total return is second highest in the office REIT sector since IPO in 2014 (2)
60% growth in Core FFO per share since the start of the pandemic
OPPORTUNITIES TO CREATE VALUE
The Terraces, Dallas
Strategic investments in property upgrades and spec suites to optimally position the portfolio for leasing
Selective capital recycling and share repurchases to enhance value
Long term opportunities: acquisitions, development, redevelopment and investment participation options
26% growth in gross rental rates for the Company's top five markets (Phoenix, Raleigh, Dallas, Tampa, Denver) as reported by JLL as of January 2022
Total return includes reinvestment of dividends. Total return from April 14, 2014 to June 30, 2022
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