City Office REIT Inc Q2 2022 Earnings Call Transcript

The following is excerpted from the question-and-answer section of the transcript.

Question: Michael Albert Carroll - RBC Capital Markets, Research Division - Analyst : Jamie, the larger move-outs that you mentioned you expect over the next 12 months. Now is that mostly the previously announced tenants that we've been talking about for the past few quarters now including this health care company in Dallas, too?

Question: Michael Albert Carroll - RBC Capital Markets, Research Division - Analyst : Okay Great. And then, Tony, I know -- what is the term fee in 2Q? What did that relate to? And I believe that the new guidance range includes the bigger term fee than the prior guidance range. Can you kind of talk about that a little bit?

Question: Michael Albert Carroll - RBC Capital Markets, Research Division - Analyst : No. That's very helpful. And then related to the share repurchase program, I mean, how should we think about, I guess, future activity under that? Is it going to really depend on your ability to sell assets within your portfolio to kind of continue to fund repurchases? Is that how we should think about it?

Question: Michael Albert Carroll - RBC Capital Markets, Research Division - Analyst : Great. I know, Jamie, there is other asset sales that you were kind of contemplating within the portfolio. Are you still looking at some of those right now?