Global Medical REIT (GMRE) Tops Q3 FFO by 4c

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Go back to Global Medical REIT (GMRE) Tops Q3 FFO by 4c

Global Medical REIT Inc. Announces 2016 Third Quarter Financial Results

November 10, 2016 8:00 AM EST

A reconciliation of non-GAAP financial measures for Funds from Operations and Adjusted Funds from Operations is included in the financial tables at the end of this announcement.

BETHESDA, Md.--(BUSINESS WIRE)-- Global Medical REIT Inc. (NYSE: GMRE) (the Company) today reports financial results for the third quarter and nine-month period ended September 30, 2016.

2016 Third Quarter Highlights (all comparisons are to the same prior year quarter unless otherwise noted)

Raised $150 million of gross proceeds ($137 million, net) in an Initial Public Offering (IPO) that closed in July.... More