Company: GMRE
Filing Date: 2025-11-13
Form Type: 8-K
Source: 0001104659-25-110921
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Company: Global Medical REIT Inc.
Filing Date: 2025-11-13
Form: 8-K
Item: Item 8.01
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Item 8.01 Other Events.

Third Quarter 2025 Results

On November 4, 2025, Global Medical
REIT Inc. (the “ Company”) announced net loss attributable to common
stockholders for the quarter ended September 30, 2025 of approximately $6.0 million, or approximately $0.45 per diluted share, as
compared to net income of approximately $1.8 million, or approximately $0.14 per diluted share, in the comparable prior year period.
The Company also reported net loss attributable to common stockholders for the nine month period ended September 30, 2025 of
approximately $4.7 million, or approximately $0.35 per diluted share, as compared to net loss attributable to common stockholders of
approximately $0.6 million, or approximately $0.04 per diluted share, in the comparable prior year period.

Third quarter 2025 same-store cash net operating
income growth was 2.7% on a year-over-year basis, and Net Debt / Annualized Adjusted Earnings Before Interest, Taxes, Depreciation and
Amortization for Real Estate (“ EBITDA re”) was 6.9x for the quarter.

Portfolio Information

As of September 30, 2025, the Company’s
portfolio was approximately 95.2% occupied and comprised of approximately 5.2 million leasable square feet with an annualized base rent
of approximately $118.4 million. As of September 30, 2025, the Company’s portfolio distribution (based on percentage of cash net
operating income) was comprised of approximately 72% outpatient medical buildings, 25% inpatient rehabilitation facilities, hospitals,
and long-term acute care hospitals and 3% other medical real estate, including behavioral health, office and retail assets.

As of September 30, 2025,
the weighted average lease term for the Company’s portfolio was 5.3 years. The following table contains the lease expiration schedule
of the leases in the Company’s portfolio as of September 30, 2025 based on annualized base rent.

          Year                                 Annualized                 ABR/Square  
                                                Base Rent                       Foot  
 ──────────────────────────────────────────────────────────────────────────────────────
          2025       0.6         30,350          $570,170        0.5          $18.79  
          2026      11.7