Physicians Realty Trust Announces Public Offering of Common Shares

Physicians Realty Trust (NYSE:DOC) (“the Company”), a self-managed healthcare real estate company, announced today that it has commenced a public offering of 9,500,000 common shares of beneficial interest. The Company also plans to grant the underwriters a 30-day option to purchase up to an additional 1,425,000 common shares. All of the common shares in the public offering are being offered by the Company and will trade on the NYSE under the ticker symbol “DOC.”

The Company will contribute the net proceeds of this offering to its operating partnership in exchange for common units in its operating partnership. The Company’s operating partnership intends to use the net proceeds of the offering to repay borrowings under the Company’s senior secured revolving credit facility and the balance, if any, for general corporate and working capital purposes, funding possible future acquisitions and development activities.

A registration statement, including a prospectus, which is preliminary and subject to completion, relating to these securities has been filed with the Securities and Exchange Commission, but has not yet become effective. These securities may not be sold, nor may offers to buy be accepted, prior to the time that the registration statement becomes effective. This press release shall not constitute an offer to sell or the solicitation of any offer to buy, nor shall there be any sale of 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.

BofA Merrill Lynch, KeyBanc Capital Markets and Wunderlich Securities are serving as joint book-running managers for the offering, BMO Capital Markets and Stifel are serving as co-lead managers for the offering, and Janney Montgomery Scott, Regions Securities LLC, Comerica Securities, Compass Point, J.J.B. Hilliard, W.L. Lyons, LLC, RBS Securities Inc. and Ziegler are serving as co-managers for the offering.

The offering of these securities is being made only by means of a prospectus. Copies of the preliminary prospectus can be obtained from: BofA Merrill Lynch, 222 Broadway, New York, NY 10038, Attn: Prospectus Department, email: dg.prospectus_requests@baml.com; KeyBanc Capital Markets, Attention: Prospectus Delivery Department, 127 Public Square, 4th Floor, Cleveland, Ohio 44114 or by calling (800) 859-1783; Wunderlich Securities, 6000 Poplar Avenue, Suite 150, Memphis, Tennessee 38119; or any other manager of the offering listed above.

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 will elect to be taxed as a real estate investment trust (REIT) for U.S. federal income tax purposes beginning with its short taxable year ending December 31, 2013 upon the filing of its U.S. federal income tax return for such year.

Forward-Looking Statements

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 Litigation Reform Act of 1995. Forward-looking statements may be identified by the use of words such as “anticipate”, “believe”, “expect”, “estimate”, “plan”, “outlook”, and “project” and other similar expressions that predict or indicate future events or trends or that are not statements of historical matters. These forward looking statements include any statements regarding the Company’s strategic and operational plans. Forward looking statements should not be read as a guarantee of future performance or results, and will not necessarily be accurate indications of the times at, or by, which such performance or results will be achieved. Forward looking statements are based on information available at the time those statements are made and/or management’s good faith belief as of that time with respect to future events, and are subject to risks and uncertainties that could cause actual performance or results to differ materially from those expressed in or suggested by the forward looking statements. Completion of the offering on the terms described, and the application of net proceeds, are subject to numerous conditions, many of which are beyond the control of the Company, including, without limitation, general economic conditions, market conditions and other factors, including those set forth in the Risk Factors section of the Company’s annual and periodic reports and other documents filed with the SEC, copies of which are available on the SEC’s website, www.sec.gov. The Company undertakes no obligation to update these statements after the date of this release.