Company: GMRE
Filing Date: 2025-11-13
Form Type: 424B5
Source: 0001104659-25-110926
Chunk: 151

Company: Global Medical REIT Inc.
Filing Date: 2025-11-13
Form: 424B5
Chunk 151
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 value of all of the partnership’s units and is regularly traded on the NYSE or NASDAQ markets,
(2) is a “qualified collective investment vehicle” (as defined below), and (3) maintains records of the identity of each person
who, at any time during the foreign person’s taxable year, is the direct owner of 5% or more of the class of interests or units
(as applicable) described in (1), above.

A “qualified collective investment vehicle”
is a foreign person that (1) would be eligible for a reduced rate of withholding under the comprehensive income tax treaty described above,
even if such entity owns more than 10% of the stock of the REIT, (2) is publicly traded, is treated as a partnership under the Code, is
a withholding foreign partnership, and would be treated as “United States real property holding corporation” under FIRPTA
if it were a domestic corporation, or (3) is designated as such by the Secretary of the Treasury and is either (a) “fiscally transparent”
within the meaning of Section 894 of the Code or (b) required to include dividends in its gross income, but is entitled to a deduction
for distributions to its investors.

Qualified Foreign Pension Funds. Any distribution
to a “qualified foreign pension fund” or an entity all of the interests of which are held by a “qualified foreign pension
fund” who holds our stock directly or indirectly (through one or more partnerships) will not be subject to U.S. federal income tax
as income effectively connected with the a U.S. trade or business, and thus will not be subject to FIRPTA withholding as described above.

A “qualified foreign pension fund”
is any trust, corporation, or other organization or arrangement (1) which is created or organized under the laws of a country other than
the United States, (2) which is established to provide retirement or pension benefits to participants or beneficiaries that are current
or former employees (or persons designated by such employees) of one or more employers in consideration for services rendered, (3) which
does not have a single participant or beneficiary with a right to more than 5% of its assets or income, (4) which is subject to government
regulation and provides annual information reporting about its beneficiaries to the relevant tax authorities in the country in which it
is established or operates, and (5) with respect to which, under the laws of the country in which it is established or operates, (