1、ANNUAL REPORT TO SHAREHOLDERSCO M P A N YPR O F I L E:Healthcare Realty Trust is a real estate investment trust that integrates owning,managingand developing income-producing real estate properties associated with the delivery of healthcare services throughoutthe United States.The Companys portfolio
2、 is comprised of nine major facility types,located in 28 states,andoperated pursuant to contractual agreements with 60 healthcare providers.The Company has investments of approximately$1.6 billion in 221 real estate properties and mortgages,totalingapproximately 11 million square feet.The Company pr
3、ovides property management services to more than five millionsquare feet nationwide.Healthcare Realty Trust intends to maintain a portfolio of properties that is focused primarily on the outpatientservices and medical office segments of the healthcare industry and is diversified by tenant,geographic
4、 location andfacility type.I am pleased to report Healthcare Realty Trusts tenth successful year and 38th consecutive dividendincrease.Our portfolio of healthcare properties,coupled with the achievements of our services group,generated solid results and a positive total return to shareholders.Despit
5、e a lackluster year for stockmarkets,Healthcare Realty Trusts shareholder return exceeded most indices,reflecting,we believe,theCompanys operations during the year as well as its standing within the REIT industry.In 2002,we continued our investment in properties related to the steadily rising demand
6、 for outpatienthealthcare services.While economic indicators may fluctuate from year to year,Americans require andseek medical treatment according to established patterns.As the aged population grows,many healthcareorganizations will expand and modify their facilities to accommodatethis trend.Revenu