Company: GMRE
Filing Date: 2025-11-14
Form Type: 424B5
Source: 0001104659-25-112543
Chunk: 130

Company: Global Medical REIT Inc.
Filing Date: 2025-11-14
Form: 424B5
Chunk 130
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 we nevertheless may qualify as a REIT for that year
if we qualify for relief under certain provisions of the U.S. federal income tax laws. Those relief provisions are generally available
if:

| · | our failure to meet those tests is due to reasonable cause and not to willful neglect; and |

| · | following such failure for any taxable year, we file a schedule of the sources of our income with the IRS in accordance with regulations 
 prescribed by the Secretary of the Treasury.                                                                                             |

We cannot predict, however, whether in all circumstances
we would qualify for the relief provisions. In addition, as discussed above in “—Taxation of Our Company,” even if the
relief provisions apply, we would incur a 100% tax on the gross income attributable to the greater of the amount by which we fail the
75% gross income test or the 95% gross income test multiplied, in either case, by a fraction intended to reflect our profitability.

| 49 |

Asset Tests

To maintain our qualification as a REIT, we also
must satisfy the following asset tests at the end of each quarter of each taxable year. First, at least 75% of the value of our total
assets must consist of:

| · | cash or cash items, including certain receivables and money market funds and, in certain circumstances, foreign currencies; |

| · | government securities; |

| · | interests in real property, including leaseholds, options to acquire real property and leaseholds, and personal property, to the extent  
 such personal property is leased in connection with real property and rents attributable to such personal property are treated as “rents 
 from real property”;                                                                                                                     |

| · | interests in mortgage loans secured by real property; |

| · | shares (or transferable certificates of beneficial interest) in other REITs and debt instruments issued by “publicly offered 
 REITs”; and                                                                                                                  |

Second, of our investments not included in the
75% asset class, the value of our interest in any one issuer’s securities may not exceed 5% of the value of our total assets (the
“5% asset test”).

Third, of our investments not included in the
75% asset class, we may not own more than 10% of the voting power or 10% of the value of any one issuer’s outstanding securities
(the “10% vote test” and “10% value test,” respectively).

Fourth, no more than 20%