Physicians Realty Trust Announces Pricing of Public Offering of Common Shares

Physicians Realty Trust (NYSE:DOC) (the “Company”) today announced the pricing of its public offering of 8,300,000 common shares of beneficial interest, at a price to the public of $11.50 per share, for a total of approximately $89.4 million of net proceeds after deducting underwriting discounts and commissions and estimated offering expenses payable by the Company. All of the shares are being offered by the Company.

The offering is expected to close on December 11, 2013. The Company has granted the underwriters a 30-day option to purchase up to an additional 1,245,000 shares to cover overallotments, if any.

The Company will contribute the net proceeds of this offering to its operating partnership in exchange for OP units in its operating partnership. The Company’s operating partnership intends to use the net proceeds of the offering to repay approximately $48.4 million of borrowings under the operating partnership’s senior secured revolving credit facility, plus amounts borrowed under the facility to fund the closing of the Company’s pending acquisitions and for working capital purposes, including possible future acquisitions and development activities.

A registration statement relating to the offering of the Company’s common shares of beneficial interest discussed above was declared effective by the Securities and Exchange Commission on December 5, 2013. This press release shall not constitute an offer to sell or a solicitation of an offer to buy, nor shall there be any sale of, or any solicitation of an offer to buy, these securities in any state or jurisdiction in which such offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of any such state or jurisdiction.

Wunderlich Securities, Inc. and KeyBanc Capital Markets are serving as joint book-running managers for the offering, Oppenheimer & Co. and Janney Montgomery Scott are serving as co-lead managers for the offering and Compass Point, J.J.B. Hilliard, W.L. Lyons, LLC, and B.C. Ziegler are serving as co-managers.

A copy of the prospectus relating to the offering may be obtained by contacting: Wunderlich Securities, Inc., 6000 Poplar Avenue, Suite 150, Memphis, Tennessee 38119; or from KeyBanc Capital Markets, Attention: Prospectus Delivery Department, 127 Public Square, 4th Floor, Cleveland, Ohio 44114.

About Physicians Realty Trust

Physicians Realty Trust is a self-managed healthcare real estate company recently organized to acquire, selectively develop, own and manage healthcare properties that are leased to physicians, hospitals and healthcare delivery systems. The Company invests in real estate that is integral to providing high quality healthcare. The Company intends to elect to be taxed as a real estate investment trust (REIT) for U.S. federal income tax purposes.

Forward Looking Statements

This press release contains forward looking statements within the meaning of the Private Securities Litigation Reform Act of 1995 and other federal securities laws. These forward looking statements are based upon the Company’s present expectations, but these statements are not guaranteed to occur. For example, because this offering has priced may imply that the offering will close, but the closing is subject to certain conditions customary in transactions of this type and may be delayed or may not occur at all. In addition, the underwriters’ option to purchase additional shares may imply that this option will be exercised; however, the underwriters are not under any obligation to exercise this option, or any portion of it, and may not do so. Investors should not place undue reliance upon forward looking statements. For further discussion of the factors that could affect outcomes, please refer to the “Risk Factors” section of the prospectus.