REIT focused on owning and developing healthcare real estate, including medical offices and life science properties.
Physicians Realty Trust operates as a healthcare real estate company specializing in the acquisition, development, ownership, and management of properties leased to physicians, hospitals, and healthcare systems. The company focuses on investing in real estate that plays a crucial role in delivering high-quality healthcare services. Physicians Realty Trust employs an UPREIT (Umbrella Partnership Real Estate Investment Trust) structure, where its properties are held by Physicians Realty L.P., a Delaware limited partnership. Through various subsidiaries and partnerships, the company maintains ownership of its properties, ensuring operational flexibility and strategic management.
As the sole general partner of the operating partnership, Physicians Realty Trust maintains significant control over its portfolio, with ownership of approximately 97.4% of OP Units as of September 30, 2020. This structure enables the company to leverage its expertise in healthcare real estate to enhance the value and functionality of its properties, thereby supporting the critical infrastructure necessary for healthcare delivery. By focusing on properties leased to healthcare providers, Physicians Realty Trust contributes to the overall efficiency and accessibility of healthcare services in communities across its operational footprint.
Founded on a commitment to supporting healthcare providers, Physicians Realty Trust continues to expand its portfolio strategically. Through disciplined investment and proactive management, the company aims to address the evolving needs of the healthcare industry while delivering sustainable value to its shareholders and stakeholders alike.