Brief: Oksenholt Capital Slams City Office REIT's Elliott Capital Offer

City Office REIT

07/10/2025 23:21

Oct 7 (Reuters) - City Office REIT Inc CIO.N:

OKSENHOLT CAPITAL: SLAMS CITY OFFICE REIT'S ELLIOTT CAPITAL OFFER, CALLS FOR NEW LEADERSHIP AND STRATEGIC RESTRUCTURING

OKSENHOLT CAPITAL: CEO JON OKSENHOLT SENT FORMAL LETTER TO CHAIRMAN OF BOARD OF CITY OFFICE REIT

OKSENHOLT CAPITAL: "WE FAIL TO SEE HOW SELLING CITY OFFICE REIT AT OR AROUND CURRENT STOCK PRICE MAXIMIZES LONG-TERM VALUE FOR SHAREHOLDERS"

OKSENHOLT CAPITAL:  CITY OFFICE REIT SHOULD INITIATE A REVIEW TO FURTHER UNLOCK VALUE OF LAND, INCLUDING PARKING LOTS

OKSENHOLT CAPITAL:  CITY OFFICE REIT SHOULD INITIATE A REVIEW OF EACH BUILDINGS HIGHEST & BEST USE, WITH A LONG-TERM CAPITAL IMPROVEMENT PLAN

OKSENHOLT CAPITAL: CITY OFFICE REIT'S SENIOR MANAGEMENT MUST BE US BASED

OKSENHOLT CAPITAL: CITY OFFICE REIT SHOULD CANCEL ALL LEASES FOR CANADIAN OFFICE SPACE, STOP HIRING STAFF IN CANADA

Source text: ID:nBwYwrcma

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