On July 24, City Office REIT (NYSE: CIO) announced that it had entered into a Merger Agreement with MCME. While the Merger Agreement suspends dividends to common shareholders after the second quarter, the dividend on Series A Cumulative Preferred (Analyst’s Disclosure:I/we have a beneficial long position in the shares of CIO.PR.A either through stock ownership, options, or other derivatives. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than fro ...

On July 24, City Office REIT (NYSE: CIO) announced that it had entered into a Merger Agreement with MCME. While the Merger Agreement suspends dividends to common shareholders after the second quarter, the dividend on Series A Cumulative Preferred (Analyst’s Disclosure:I/we have a beneficial long position in the shares of CIO.PR.A either through stock ownership, options, or other derivatives. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than fro ...

Core Points - City Office REIT, Inc. announced that its stockholders approved the merger with MCME Carell Holdings, LP and MCME Carell Merger Sub, LLC [1][2] - The merger is expected to close in the fourth quarter of 2025, with shareholders receiving $7.00 per share in cash [2] Company Overview - City Office REIT is an internally-managed real estate company focused on acquiring, owning, and operating office properties primarily in Sun Belt markets [3] - The company currently owns or has a controlling interest in 4.2 million square feet of office properties and has elected to be taxed as a real estate investment trust for U.S. federal income tax purposes [3]

Core Points - Central Iron Ore Limited (CIO) has appointed Mr. Paul Richardson as a Non-Executive Director, effective immediately [1] - Mr. Richardson brings 43 years of experience in mining and mineral processing operations, with expertise in various ores including Gold, Nickel, and Copper [1][2] - His managerial experience spans 36 years in roles such as Superintendent, Resident Manager, General Manager, and Project Director [2] - CIO's chairman, Richard Homsany, expressed confidence that Mr. Richardson's operational experience will significantly benefit the South Darlot Gold Project [3] Company Overview - Central Iron Ore Limited is focused on mining and mineral processing, with a particular emphasis on gold projects [1][3] - The company is currently in a growth phase, seeking to unlock the potential of its South Darlot Gold Project [3] Management Qualifications - Mr. Richardson holds a B.Sc (Hons) in Mineral Processing Technology and is an Associate of the Camborne School of Mines, UK [2]

REIT Sector Performance - The REIT sector averaged a small negative return of -0.73% in September and remains modestly in the red year-to-date at -1.74% [1] - The average REIT underperformed compared to the broader market, which saw gains from major indices: Dow Jones Industrial Average (+2.0%), S&P 500 (+3.6%), and NASDAQ (+5.7%) [1] - The Vanguard Real Estate Index Fund ETF Shares (VNQ) outperformed the average REIT in September with a return of +0.07% and has significantly outperformed year-to-date at +5.72% [1] - The spread between the 2026 FFO multiples of large-cap REITs (16.4x) and small-cap REITs (13.9x) widened, indicating that investors are currently paying an average of 28.8% more for each dollar of FFO from large-cap REITs compared to small-cap REITs [1] Property Type Performance - Only 27.8% of REIT property types averaged a positive total return in September, with a narrow 10.69% total return spread between the best and worst performing property types [6] - Single Family Housing (-5.77%) and Infrastructure (-5.41%) were the worst-performing property types, while Data Centers (+4.92%) and Office (+3.11%) averaged the best total returns among REITs [6][7] - Year-to-date performance shows Hotels (-13.61%), Shopping Centers (-10.74%), and Land (-10.48%) have significantly underperformed, while Health Care (+21.83%) has outperformed with average gains more than double that of any other REIT property type [8][9] FFO Multiples and Valuation - The average P/FFO (2026Y) for the REIT sector rose from 13.8x to 14.1x during September, with 27.8% of property types experiencing multiple expansion [11] - Data Centers (24.6x), Land (22.6x), Manufactured Housing (17.2x), and Multifamily (17.1x) currently trade at the highest average multiples among REIT property types, while Hotels (7.2x) and Office (9.7x) are the only types with single-digit FFO multiples [11][12] Individual Security Performance - Office Properties Income Trust (OPI) saw the largest gain in the REIT sector in September at +54.26%, but remains the 3rd worst performing REIT year-to-date at -65.72% [13] - Wheeler Real Estate Investment Trust, Inc. (WHLR) was the worst-performing REIT in September with a decline of -29.27%, continuing a multi-year share price collapse with a total return of -99.73% over the first three quarters of 2025 [14] - 37.42% of REITs had a positive total return in September, while the average year-to-date total return for REITs in 2025 is -1.74%, significantly lagging behind the +9.61% return for the sector in the first nine months of 2024 [14]

Adoption of AI is pushing CIOs into broader strategic roles, with greater responsibilities in transformation, cost control and workforce managementHowever, 39% say they’re misaligned with their CEOs on key decisions41% of CIOs say their business needs to invest more in IT infrastructure and 34% do not feel empowered by their CEO to make long-term IT strategy decisions SANTA CLARA, Calif., Oct. 13, 2025 (GLOBE NEWSWIRE) -- Netskope (NASDAQ: NTSK), a leader in modern security and networking for the cloud and ...

SCOTTSDALE, Ariz.--(BUSINESS WIRE)--Oksenholt Capital Management LLC ("Oksenholt Capital†) today announced that its Chief Executive Officer, Jon Oksenholt, has sent a formal letter to the Chairman of the Board of City Office REIT, Inc. (NYSE: CIO), outlining serious concerns about the company's leadership, performance, and opposition to the proposed merger with affiliates of Elliott Capital. The letter identified several issues related to City Office REIT, Inc.'s ("CIO†) current management and. ...

Core Insights - Central Iron Ore Limited (CIO) has announced the completion of its 2025 Phase 1 RC drilling campaign, confirming the down dip extension of gold mineralization and the development of three distinct high-grade chutes [1][3][4] Drilling Results - The 2025 Phase 1 RC drilling program consisted of 78 holes totaling 10,264 meters, with significant intercepts including: - 1m @ 22.20g/t from 144 meters (25BKERC_010) - 2m @ 10.59g/t from 126 meters (25BKERC_013) - 3m @ 15.50g/t from 103 meters (25BKERC_019) - 5m @ 13.26g/t from 112 meters (25BKERC_034) - 1m @ 24.8g/t from 131 meters (25BKERC_036) - 1m @ 25.3g/t from 114 meters (25BKERC_037) [4][20] Geological Understanding - The drilling results have enhanced the geological understanding of the deposit, confirming continuous gold mineralization associated with a primary laminated bucky quartz lode over nearly the entire 840 meters of strike targeted [3][4] Future Activities - Geohydrological investigations are nearing completion, with a diamond drilling program of approximately 801 meters scheduled to commence in late October 2025 to support geotechnical studies for the British King Project [4][21] Resource Update - The British King Mineral Resource is being updated to include the results from the recent drilling, with current estimates showing: - 120,000 indicated tonnes at 5.1 g/t Au and 50,000 inferred tonnes at 2.9 g/t Au for the British King Mine Area - 70,000 indicated tonnes at 3.4 g/t Au and 20,000 inferred tonnes at 4.3 g/t Au for the British King Extensions [23][22]

Group 1 - City Office REIT, Inc. has authorized a quarterly dividend of $0.4140625 per share for its 6.625% Series A Cumulative Redeemable Preferred Stock, payable on October 24, 2025, to stockholders of record as of October 10, 2025 [1] - The Board of Directors has resolved to suspend future quarterly common stock dividend payments until the completion of the proposed merger with MCME Carell Holdings, LP and MCME Carell Merger Sub, LLC [2] - City Office REIT is focused on acquiring, owning, and operating office properties primarily in Sun Belt markets, currently owning or controlling 4.2 million square feet of office properties [3]

Core Insights - CleanCore Solutions is demonstrating that true disruption can occur beyond traditional settings like laboratories or factories, highlighting the importance of financial strategy in shaping a company's future [1] Company Overview - CleanCore Solutions is listed on NYSE American under the ticker ZONE, indicating its presence in the public market and potential for investment opportunities [1]