Welcome to our dedicated page for Global Medical news (Ticker: GMRE), a resource for investors and traders seeking the latest updates and insights on Global Medical stock.
Global Medical REIT Inc. (GMRE) provides essential healthcare infrastructure through its portfolio of specialized medical facilities. This news hub offers investors and industry professionals centralized access to official announcements and market developments.
Track critical updates including property acquisitions, lease agreements with healthcare providers, and financial performance reports. Our curated collection ensures timely access to strategic partnerships, portfolio expansions, and operational milestones that shape this healthcare REIT's trajectory.
All content undergoes strict verification to maintain accuracy and relevance. Users benefit from comprehensive coverage of GMRE's unique position in medical real estate, including its focus on triple-net lease structures and secondary market specialization.
Bookmark this page for efficient monitoring of GMRE's evolving role in healthcare property markets. Combine regular visits with professional financial analysis when making informed decisions about this niche REIT investment.
Global Medical REIT Inc. announces Q1 2024 financial results with net income of $0.8 million, FFO of $14.9 million, and AFFO of $16.5 million. The company acquired a 15-property medical real estate portfolio for $81.3 million. Rental revenue decreased by 3.0% to $35.1 million due to property dispositions. The Company's portfolio leased occupancy was 96.4% with a weighted average lease term of 5.8 years. Steward Health Care filed for Chapter 11 bankruptcy, representing 2.8% of the Company's annual base rent. The Company's total debt was $617.8 million with leverage at 44.0%. Dividends of $0.21 per share were paid to common stockholders and unitholders.
FAQ
What is the current stock price of Global Medical (GMRE)?
What is the market cap of Global Medical (GMRE)?
