Brief: City Office REIT Announces Agreements To Sell Life Science Portfolio For $576 Mln

City Office REIT

20/08/2021 22:16

Aug 20 (Reuters) - City Office REIT Inc  CIO.N :
    * CITY OFFICE REIT ANNOUNCES AGREEMENTS TO SELL LIFE SCIENCE
PORTFOLIO FOR $576 MILLION
    * CITY OFFICE REIT - DEALS ARE EXPECTED TO GENERATE NET
PROCEEDS,
AFTER ESTIMATED CLOSING AND TRANSACTION COSTS, OF ABOUT $546
MILLION
    * CITY OFFICE REIT INC - PROPERTIES TO BE SOLD ARE
UNENCUMBERED BY
DEBT

Source text for Eikon:  ID:nPn5sMP0ya 
Further company coverage:  CIO.N 

 ((Reuters.Briefs@thomsonreuters.com;))