Global Medical REIT Inc. (NYSE:GMRE) Q4 2021 Earnings Conference Call March 1, 2022 9:00 AM ET Company Participants Steve Swett - Investor Relations Jeff Busch - Chief Executive Officer Alfonzo Leon - Chief Investment Officer Bob Kiernan - Chief Financial Officer Conference Call Participants Barry Oxford - Colliers Securities Rob Stevenson - Janney Montgomery Scott Jordan Sadler - KeyBanc Capital Markets Bryan Maher - B. Riley Securities Operator Greetings, and welcome to the Global Medical REIT's Fourth Qu ...

www.globalmedicalreit.com NYSE: GMRE Fourth Quarter 2021 Earnings Supplemental Three and Twelve Months Ended December 31, 2021 Corporate Information and Analyst Coverage Executive Team Jeffrey Busch Chief Executive Officer, Chairman and President Alfonzo Leon Chief Investment Officer Danica Holley Chief Operating Officer Bob Kiernan Chief Financial Officer and Treasurer Jamie Barber General Counsel and Corporate Secretary Board of Directors Jeffrey Busch Chief Executive Officer, Chairman and President Henry ...

www.globalmedicalreit.com NYSE: GMRE Third Quarter 2021 Earnings Supplemental Three and Nine Months Ended September 30, 2021 Corporate Information and Analyst Coverage Executive Team Board of Directors Paula Crowley Director Zhang Huiqi Director Jeffrey Busch Chief Executive Officer, Chairman and President Henry Cole Lead Independent Director and Compensation Committee Chair Matthew Cypher, Ph.D. Investment Committee Chair Ronald Marston Nominating and Corporate Governance Committee Chair Dr. Roscoe Moore D ...

Global Medical REIT Inc. (NYSE:GMRE) Q3 2021 Earnings Conference Call November 4, 2021 9:00 AM ET Company Participants Steve Swett - IR Jeff Busch - CEO, Chairman & President Alfonzo Leon - CFO Bob Kiernan - CFO Conference Call Participants Barry Oxford - Colliers Amanda Sweitzer - Baird Jordan Sadler - KeyBanc Capital Markets Juan Sanabria - BMO Capital Markets Bryan Maher - B. Riley Securities Operator Welcome to Global Medical REIT Third Quarter 2021 Earnings Conference Call. As a reminder, all participa ...

www.globalmedicalreit.com NYSE: GMRE Second Quarter 2021 Earnings Supplemental Three and Six Months Ended June 30, 2021 Corporate Information and Analyst Coverage Executive Team Jeffrey Busch Chief Executive Officer, Chairman and President Alfonzo Leon Chief Investment Officer Danica Holley Chief Operating Officer Bob Kiernan Chief Financial Officer and Treasurer Jamie Barber General Counsel and Corporate Secretary Board of Directors Jeffrey Busch Chief Executive Officer, Chairman and President Henry Cole L ...

Global Medical REIT Inc. (NYSE:GMRE) Q2 2021 Results Conference Call August 4, 2021 9:00 AM ET Company Participants Steve Swett - Investor Relations Jeff Busch - Chief Executive Officer, Chairman & President Alfonzo Leon - Chief Investment Officer Bob Kiernan - Chief Financial Officer Conference Call Participants Amanda Sweitzer - Baird Rob Stevenson - Janney Connor Siversky - Berenberg Barry Oxford - Colliers Bryan Maher - B. Riley Securities Operator Greetings, and welcome to Global Medical REIT Second Qu ...

Table of Contents UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, DC 20549 FORM 10-O QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE K ACT OF 1934 For the quarterly period ended March 31, 2021 OR TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE □ ACT OF 1934 For the transition period from to Commission file number: 001-37815 Global Medical REIT Inc. (Exact name of registrant as specified in its charter) | Marvland | 46-4757266 | | --- | -- ...

www.globalmedicalreit.com NYSE: GMRE First Quarter 2021 Earnings Supplemental Three Months Ended March 31, 2021 Corporate Information and Analyst Coverage Board of Directors Jeffrey Busch Chief Executive Officer, Chairman and President Henry Cole Lead Independent Director and Compensation Committee Chair Paula Crowley Director Matthew Cypher, Ph.D. Investment Committee Chair Zhang Huiqi Director Zhang Jingguo Director Ronald Marston Nominating and Corporate Governance Committee Chair Dr. Roscoe Moore Direct ...

Global Medical REIT Inc. (NYSE:GMRE) Q1 2021 Earnings Conference Call May 6, 2021 9:00 AM ET Company Participants Evelyn Infurna - Investor Relations Jeffrey Busch - Chief Executive Officer, Chairman & President Alfonzo Leon - Chief Investment Officer Robert Kiernan - Chief Financial Officer Conference Call Participants Amanda Sweitzer - Baird Juan Sanabria - BMO capital markets Bryan Maher - B. Riley Securities Operator Thank you for standing by, this is the conference operator. Welcome to the Global Medic ...

Financial Data and Key Metrics Changes - The company reported a 14.3% year-over-year growth in quarterly AFFO per share to $0.24 and a 17% increase in annual AFFO per share to $0.88 [11][31] - Total revenue for Q4 2020 increased by 22% year-over-year to $24.9 million, while total revenue for the year grew approximately 33% to $93.7 million [24][30] - The company ended the year with a portfolio occupancy of 99.1% and a weighted average base rent of $23.71 per square foot [23][32] Business Line Data and Key Metrics Changes - The company completed $226 million in acquisitions during 2020, comprising over 915,000 leasable square feet at a 7.8% weighted average cap rate [16][20] - In Q4 2020, the company purchased approximately $80 million of high-quality off-campus medical properties at a 7.3% weighted average cap rate [15] Market Data and Key Metrics Changes - The company reported a 4.8 times rent coverage from tenants and a weighted average lease term increase to 8.2 years [23] - Deal flow appears to have returned to pre-COVID levels, with expectations for 2021 acquisitions between $175 million to $225 million at an average cap rate range of 7% to 8% [20] Company Strategy and Development Direction - The company aims to expand its portfolio by exploring new product categories, including mental health facilities and multiple tenant medical office buildings [65] - The management internalization was completed, which is expected to enhance operational efficiency and reduce reliance on external advisors [26] Management's Comments on Operating Environment and Future Outlook - Management expressed confidence in the portfolio's resilience despite the challenges posed by the COVID-19 pandemic, highlighting strong tenant performance and collection rates [22][66] - The company anticipates a stable G&A expense range for 2021, reflecting a full year of being internally managed [35] Other Important Information - The company achieved a milestone of over $1 billion in real estate investments [11] - As of the end of 2020, the gross investment in real estate was nearly $1.15 billion, an increase of 26.2% from the previous year [32] Q&A Session Summary Question: What is the outlook for G&A and operating expenses in 2021? - Management indicated that G&A and operating expenses combined were about $7 million in Q4, with expectations for a similar range moving forward [38][40] Question: What is the status of the Marina Towers and Rock Surgery assets? - Management confirmed that Marina Towers is in bankruptcy but expects to recover rent, while Rock Surgery is a smaller asset with minimal impact [41][46] Question: How does the company view the dialysis center market? - The dialysis market is described as liquid and attractive, with the company focusing on properties with multiple tenants to enhance yield [52] Question: What is the strategy regarding ATM issuances? - The company is using ATM issuances opportunistically to finance acquisitions and maintain flexibility [55] Question: Are there opportunities for permanent financing? - Management is open to permanent financing options but noted that options are limited due to the company's growth mode [59] Question: What is the approach to capital allocation and scaling acquisitions? - The company is testing different types of products to expand its acquisitions while maintaining a core acquisition strategy of around $200 million annually [65]