Group 1 - City Office REIT, Inc. (NYSE: CIO) has demonstrated cash flow growth for over a decade, attributed to a proven strategy focused on investments in growth real estate markets in the United States [3] - The management of City Office REIT has accumulated significant expertise, which contributes to the company's successful investment strategy [3] Group 2 - The company primarily targets small and medium-cap companies in various regions, including Europe, the United States, and South America, with a focus on mature industries such as mining, oil and gas, and real estate [2] - The investment strategy emphasizes M&A deals, deep value investments, and dividend investing, aiming for an internal rate of return of approximately 5%-7% [2]

VANCOUVER, Dec. 18, 2024 /PRNewswire/ -- City Office REIT, Inc. (NYSE: CIO) ("City Office," "CIO" or the "Company") announced today that it has signed a 60,000 square foot lease with an existing tenant at its premier Terraces property located in Dallas, Texas. The lease extends the tenant's existing 44,000 square foot space until 2036 and expands the tenant's space by 16,000 square feet.  Including the expansion space, which is expected to commence in early 2026, the property is now 95% leased.  In addition ...

Group 1 - City Office REIT (NYSE: CIO) is currently valued at 3.2 times its annualized fiscal 2024 third-quarter free cash flow [1] - The office REIT generated a free cash flow of $18.28 million in the third quarter, showing a sequential increase and significantly exceeding expectations [1] - The equity market serves as a powerful mechanism for wealth creation or destruction over the long term, with Pacifica Yield focusing on undervalued high-growth companies, high-dividend stocks, REITs, and green energy firms [1]

VANCOUVER, Dec. 13, 2024 /PRNewswire/ -- City Office REIT, Inc. (NYSE: CIO) ("City Office," "CIO" or the "Company") announced today that its Board of Directors has authorized a quarterly dividend amount of $0.10 per share of common stock and common unit of partnership interest for the fourth quarter of 2024.  Additionally, the Board of Directors authorized a regular quarterly dividend of $0.4140625 per share of the Company's 6.625% Series A Cumulative Redeemable Preferred Stock. The dividends will be payabl ...

CARSON CITY, Nev., Dec. 12, 2024 (GLOBE NEWSWIRE) -- Toll Brothers, Inc. (NYSE:TOL), the nation’s leading builder of luxury homes, today announced its newest community, Venado Valley, is coming soon to the intersection of North Ormsby Boulevard and West Washington Street in Carson City, Nevada. Construction of the Sales Center and model homes is currently underway, and sales are expected to begin in spring 2025. Venado Valley by Toll Brothers will be a brand-new luxury community of 40 single-family homes in ...

The party may be winding down.Party City is planning to file for its second bankruptcy in nearly two years as the company’s sales figures continue to struggle, according to a report.The New Jersey-based party supply and craft retailer is behind on rent in some of its 850 locations across the US, Bloomberg News reported on Tuesday, citing people familiar with the matter. 4 A general view of a Party City store with a “closing” sign on 34th Street in New York, on April 19, 2023. Christopher SadowskiParty Cit ...

GIG HARBOR, Wash., Dec. 05, 2024 (GLOBE NEWSWIRE) -- Heritage Distilling Company, Inc. (“HDC” or “Heritage”) (Nasdaq: CASK), a leading craft distiller of innovative premium brands, is expanding into the Kentucky market in partnership with Keg 1 River City, the leading distributor of beer, wine and spirits in Kentucky. Heritage’s exceptional suite of spirits now offered in Kentucky includes: Cocoa Bomb, Salute Series’ D-Day Land, Air and Sea, and ARMY Special Operations Forces Whiskey, at select on-premise a ...

Group 1 - Studio City International Holdings Limited has entered into a senior credit facilities agreement providing HK$1.945 billion (approximately US$250 million) in revolving credit facilities for five years [1] - The agreement includes an option to increase commitments by up to US$100 million, subject to certain conditions [1] - Proceeds from the credit facility will be used to refinance existing debt and for general corporate and working capital purposes [1] Group 2 - Studio City Company has amended and restated an existing credit facilities agreement to align terms with the new 2024 Credit Facilities Agreement [2] - The existing credit facilities currently represent HK$234 million of committed facilities [2]

Core Insights - City of London Investment Group PLC has qualified to trade on the OTCQX® Best Market, upgrading from the Pink® market, which enhances its visibility and accessibility to U.S. investors [1][2] - The upgrade is expected to increase market liquidity and broaden the shareholder base in the U.S., aligning with the company's strategic growth objectives [2] Company Overview - City of London Investment Group PLC is a U.K.-based asset management company with two wholly owned subsidiaries focused on investing primarily in closed-end funds [3] - The company operates through City of London Investment Management Company Limited, which specializes in Emerging Markets and has expanded to include International, Opportunistic Value, and Frontier strategies [3] - Karpus Investment Management provides closed-end fund strategies across all asset classes to wealth management clients in the U.S., serving a long-term client base that includes pension funds and institutional money managers [3] Market Context - OTC Markets Group Inc. operates regulated markets for trading 12,000 U.S. and international securities, with a focus on providing transparent trading for companies listed on qualified international exchanges [4][5] - The OTCQX Market is designed for companies that meet high financial standards and adhere to best practice corporate governance, facilitating access to U.S. financial markets [2][4]

City View Green Holdings Inc. Completes Issuance of Shares in Settlement of DebtCompany Clears over $2.3M in Debt off Balance SheetNovember 27, 2024 7:00 AM EST | Source: City View Green Holdings Inc.Toronto, Ontario--(Newsfile Corp. - November 27, 2024) - City View Green Holdings Inc. (CSE: CVGR) (OTC Pink: CVGRF) ("City View" or the "Company"), an innovative Canadian-based cannabis-infused edibles manufacturing company, announces that further to its press release of October 31, 2024, it has ...