City Office REIT(CIO) - 2025 Q1 - Quarterly Results

Exhibit 99.1 City Office REIT Reports First Quarter 2025 Results VANCOUVER—May 2, 2025 —City Office REIT, Inc. (NYSE: CIO) (the "Company," "City Office," "we" or "our") today announced its results for the quarter ended March 31, 2025. First Quarter Highlights Highlights Subsequent to Quarter End • Entered into an agreement with an affiliate of Property Markets Group ("PMG") to redevelop a portion of the Company's City Center property in St. Petersburg, Florida into a planned 49-story residential condominium ...