Physicians Realty Trust (NYSE:DOC) (the “Company”), a self-managed healthcare real estate company, announced it has been awarded the 2015 National Association of Real Estate Investment Trusts' (NAREIT) Investor CARE (Communications and Reporting Excellence) Gold in Small Cap REITs award. Physicians Realty Trust was chosen for this prestigious award by a panel of REIT securities analysts and portfolio managers for achieving the highest levels in communications and reporting to shareholders. The award was presented at a ceremony held Tuesday, June 9 at REITWeek 2015: NAREIT's Investor Forum in New York City.
Each year, NAREIT, the leading representative and advocate for REITs and publicly traded real estate companies; recognizes exceptional organizations that most effectively and efficiently interact and articulate with investors online, in writing and verbally. Criteria for choosing this year’s winners consisted of online presence, SEC filings and investor relations practices.
In today's highly connected, fast-paced digital world, effective and efficient communication and distribution of pertinent information is extremely important. When it comes to communications and reporting, accessibility, availability and approachability partnered with comprehensive, well-articulated information are the keys to inspiring productivity, efficiency, creativity and success.
"Two years ago when we kicked off our IPO, we knew that to build a lasting company, we needed to create a reputation for full disclosure with our investors, tenants and bankers,” said John Thomas, President and Chief Executive Officer. “Our transparent relationship with them builds loyalty during fluctuating markets. We believe it is simply good business that enhances our overall value. We thank NAREIT for the award and we will continue working to uphold that honor."
Companies were evaluated based on a number of criteria related to their online presence, SEC filings, and investor relations practices. For the company’s online presence, these criteria included online presentation, design and content of the website including technological innovations, ease of use and ability to find information and the amount and relevance of the data available on the site. For the company’s SEC filings, primarily the supplemental filings were evaluated including the frequency, whether they contain special disclosures about developments, high risk events or other relevant occurrences during the past year and data transparency. In addition, the annual report was reviewed. Finally, the investor relations practices were evaluated primarily based on the company’s earnings calls including frequency, consistency, quality and relevance of information provided, and how efficiently the information is provided. Additional criteria for the earnings calls included management accessibility, participation, and quality and depth of answers to questions.
About Physicians Realty Trust
Physicians Realty Trust is a self-managed healthcare real estate company 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 is a Maryland real estate investment trust and elected to be taxed as a REIT for U.S. federal income tax purposes beginning with its short taxable year ended December 31, 2013. The Company conducts its business through an UPREIT structure in which its properties are owned by Physicians Realty L.P., a Delaware limited partnership (the “operating partnership”), directly or through limited partnerships, limited liability companies or other subsidiaries.
Investors are encouraged to visit the Investor Relations portion of the Company’s website (www.docreit.com) for additional information, including annual reports on Form 10-K, quarterly reports on Form 10-Q, current reports on Form 8-K and amendments to those reports filed or furnished pursuant to Section 13(a) or 15(d) of the Securities Exchange Act of 1934, as amended, press releases, supplemental information packages and investor presentations.
This press release contains statements that are “forward-looking statements” within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Act of 1934, as amended, pursuant to the safe harbor provisions of the Private Securities Reform Act of 1995. Forward-looking statements are generally identifiable by use of forward-looking terminology such as “believes,” “expects,” “may,” “will,” “should,” “seeks,” “approximately,” “intends,” “plans,” “estimates,” “anticipates” or other similar words or expressions. Forward-looking statements are based on certain assumptions and can include future expectations, future plans and strategies, financial and operating projections or other forward-looking information. These forward-looking statements are subject to various risks and uncertainties, not all of which are known to the Company and many of which are beyond the Company’s control, which could cause actual results to differ materially from such statements. These risks and uncertainties are described in greater detail in the Company’s filings with the Securities and Exchange Commission (the “Commission”), including, without limitation, the Company’s annual and periodic reports and other documents filed with the Commission. Unless legally required, the Company disclaims any obligation to update any forward-looking statements, whether as a result of new information, future events or otherwise.
John T. Thomas
President and CEO
Chief Financial Officer