Healthcare Realty Trust Inc. (HR) 1999年年度报告「NYSE」.pdf

1、ANNUAL REPORT TO SHAREHOLDERSHR Design 99ar cover 7/14/00 3:09 PM Page 1CO M P A N YPR O F I L E:Healthcare Realty Trust is a real estate investment trust that integrates owning,managing,and developing income-producing real estate properties associated with the delivery of healthcare services throug

2、houtthe United States.The Companys portfolio is comprised of nine facility types,located in 34 states nationwide,andoperated pursuant to contractual arrangements with 72 healthcare providers.Since commencing operations in June 1993,the Company has invested or committed to invest approximately$1.7bil

3、lion in 285 real estate properties or mortgages,totaling more than twelve million square feet.The Company currently provides property or asset management services to approximately ten million square feet nationwide.The Company intends to maintain a portfolio of properties that is focused primarily o

4、n the outpatient servicessegment of the healthcare industry and is diversified by tenant,geographic location and facility type.HR Design 99ar cover 7/14/00 3:09 PM Page 2I am pleased to report Healthcare Realty Trusts seventh outstanding year and 26th consecutiveprofitable quarter as a public compan

5、y.Our portfolio of high-quality healthcare properties,coupledwith the achievements of our services group,generated solid revenue and earnings growth.It isdisappointing that,despite a record year for the Company,negative investor sentiment for all REITsdepressed our share price.Healthcare Realty Trus

6、ts total revenues and net income for 1999 more thandoubled the results of the prior year,due in part to the completedacquisition of Capstone Capital Corporation in Fall,1998.Revenues for 1999totaled$187.3 million,compared with$92.4 million for 1998.Net incomewas$86.0 million,or$1.99 per diluted comm