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EX - 99.1 2 a2021q3earningspressreleas.htm EX - 99.1 PRESS RELEASE Contact : Physicians Realty Trust John T. Thomas President and CEO ( 214 ) 549-6611 jtt@docreit.com Jeffrey N. Theiler Executive Vice President and CFO ( 414 ) 367-5610 jnt@docreit.com PHYSICIANS REALTY TRUST Invest in better . Exhibit 99.1 Physicians Realty Trust Reports Third Quarter 2021 Financial Results Announces $ 0.10 Net Income per Share and $ 0.26 Normalized FFO per Share for the Third Quarter of 2021 Announces $ 1.04 Billion of Year - to - Date Acquisitions and Investment Commitments Third Quarter Highlights : • • • Reported third quarter 2021 total revenue of $ 115.3 million , an increase of 5.2 % over the prior year period . Generated third quarter net income per share of $ 0.10 on a fully diluted basis . Generated third quarter Normalized Funds From Operations ( Normalized FFO ) of $ 0.26 per share on a fully diluted basis . • New investments of $ 108.9 million during the third quarter . • Third quarter MOB Same - Store Cash Net Operating Income growth was 2.5 % year - over - year . • • Declared a quarterly dividend of $ 0.23 per share and OP Unit for the third quarter 2021 , paid October 15 , 2021 . Senior unsecured debt rating was upgraded to ‘ Baa2 ' from ' Baa3 ' by Moody's Investors Service . Subsequent Event Highlights : • • Entered into a master transaction agreement on October 1 , 2021 to acquire 15 medical office buildings comprising approximately 1,460,000 net leasable square feet for an aggregate purchase price of $ 764.3 million . Issued $ 500 million of public senior notes on October 13 , 2021 , with maturity of 10 years and a coupon rate of 2.625 % . Earned a score of 75 and a Green Star designation in our inaugural submission to the GRESB 2021 Real Estate Assessment . Disposed of the three LifeCare long term acute care hospitals ( LTACH ) on November 2 , 2021 for $ 62.0 million and recognized a net gain on sale of approximately $ 18.7 million . Milwaukee , WI - November 5 , 2021 - Physicians Realty Trust ( NYSE : DOC ) ( the “ Company , ” the “ Trust , ” “ we , ” “ our ” and " us " ) , a self - managed health care real estate investment trust , today announced results for the third quarter ended September 30 , 2021 . John T. Thomas , President and Chief Executive Officer of the Trust , commented , “ We are excited to announce our recent acquisitions and pending acquisition activity . We have continued to focus our growth efforts on high - quality medical office facilities and purchase what we believe are the most highly regarded medical office facilities , all while continuing to make selective acquisitions in off - market transactions with partners like Landmark Healthcare Facilities .