Q3 2024 Earnings Conference Call

November 7, 2024 - 9:00 am ET

Latest Annual Filing

For Fiscal Year Ending Dec 31, 2023

Investing in the Future of Healthcare Facilities

Global Medical REIT is a net-lease medical REIT that acquires healthcare facilities and leases those facilities to physician groups and regional and national healthcare systems.

Global Medical REIT at a Glance

$0.84

Annualized Common Dividend Per Share

$1.4B

Gross Real Estate Assets

$106.0M

Annualized Base Rent (ABR)*

184

Buildings Owned

268

Tenants

4.7M

Leasable Square Feet

* Annualized base rent represents monthly base rent for most recent month or month of acquisition, multiplied by 12 (or actual NOI where more reflective of property performance). In addition, Marina Towers and Rock Surgery Center are presented on a cash-collected basis.

As of June 30, 2024
For complete information regarding our financials, see our periodic filings.

Year Over Year Performance

Total Revenue

As of Dec. 31, 2023 • 10-K 2023

Real Estate Assets (In Thousands)

As of Dec. 31, 2023 • 10-K 2023

For complete information regarding our financials, see our periodic filings.

A Targeted Approach to Acquisitions

Our strong track record of acquisitions focuses on servicing physician groups and healthcare system tenants geographically situated to better assist the aging U.S. population and the decentralization of healthcare.

DISCIPLINED MARKET SELECTION

  • Bedroom communities
  • Secondary markets with favorable demand drivers
  • Positioned to benefit from decentralization trends

STRINGENT UNDERWRITING AND DUE DILIGENCE

  • Uncover mispriced acquisition opportunities
  • Sustainable cash flows
  • Attractive lease coverage ratios

RIGOROUS TENANT AND FACILITY IDENTIFICATION

  • Healthcare systems and physician groups with a strong regional footprint
  • Essential or mission-critical services
  • Off-campus, purpose-built

RESILIENT FINANCIAL STRUCTURE

  • Long-term, triple-net leases
  • Annualized rent escalations

Tenant Base by Use and Geography

Asset Types

% of Annualized Base Rent*

* Monthly base rent as of June 30, 2024 multiplied by 12 (or actual NOI where more reflective of property performance); point in time value excludes future contractual increases.

Other includes Office (2.4%), LTACH (1.9%), Acute Hospital (1.7%), Behavioral Hospital (1.3%), FSED (0.9%) and Retail (0.2%).

As of June 30, 2024

Top 10 States

% of Annualized Base Rent*

* Monthly base rent as of June 30, 2024 multiplied by 12 (or actual NOI where more reflective of property performance); point in time value excludes future contractual increases.

As of June 30, 2024

Top 10 Tenants

% of Annualized Base Rent*

* Monthly base rent as of June 30, 2024 multiplied by 12 (or actual NOI where more reflective of property performance); point in time value excludes future contractual increases.

As of June 30, 2024

Our Tenants: Established Strong Healthcare Operators

Committed to Sustainability, Responsibility and Accountability

We’re committed to making a difference within the healthcare real estate market via our environmental, social and governance policies. We believe in supporting our tenants and employees to make sustainable choices, giving back to the communities in which we own assets and live and building ethical business practices.  Our environmental, social and governance (ESG) approach is based on three pillars:  alignment, access, and authenticity.  This framework galvanizes our efforts in each ESG domain and across the company. Strong environmental, social and governance practices are not only the right thing to do, but they also help to drive reliable returns for our stockholders.

View our ESG Report

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