Company: GMRE
Filing Date: 2025-11-14
Form Type: 424B5
Source: 0001104659-25-112543
Chunk: 115

Company: Global Medical REIT Inc.
Filing Date: 2025-11-14
Form: 424B5
Chunk 115
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 of the REIT. A “qualified REIT subsidiary” is a corporation, all of the shares of which are
owned by the REIT and for which no election has been made to treat such corporation as a TRS. Thus, in applying the requirements described
herein, any “qualified REIT subsidiary” that we own will be ignored, and all assets, liabilities, and items of income, deduction,
and credit of such subsidiary will be treated as our assets, liabilities, and items of income, deduction, and credit.

Other Disregarded Entities and Partnerships.
An unincorporated domestic entity, such as a partnership or limited liability company that has a single owner for U.S. federal income
tax purposes, generally is not treated as an entity separate from its owner for U.S. federal income tax purposes. An unincorporated domestic
entity with two or more owners for U.S. federal income tax purposes is generally treated as a partnership for U.S. federal income tax
purposes. In the case of a REIT that is a partner in a partnership that has other partners, the REIT is treated as owning its proportionate
share of the assets of the partnership and as earning its allocable share of the gross income of the partnership for purposes of the applicable
REIT qualification tests. Our proportionate share for purposes of the 10% value test (see “—Asset Tests”) is based on
our proportionate interest in the equity interests and certain debt securities issued by the partnership. For all of the other asset and
income tests, our proportionate share is based on our proportionate interest in the capital interests in the partnership. Our proportionate
share of the assets, liabilities, and items of income of any partnership, joint venture, or limited liability company that is treated
as a partnership for U.S. federal income tax purposes in which we acquire an equity interest, directly or indirectly, will be treated
as our assets and gross income for purposes of applying the various REIT qualification requirements.

We have control of our Operating Partnership and
intend to control any subsidiary partnerships and limited liability companies, and we intend to operate them in a manner consistent with
the requirements for our qualification as a REIT. We may from time to time be a limited partner or non-managing member in some of our
partnerships and limited liability companies. If a partnership or limited liability company in which we own an interest takes or expects
to take actions that could jeopardize our status as a RE