Healthcare Realty Trust Inc. (HR) 2014年年度报告「NYSE」.pdf

1、2014Healthcare Realty TrustAnnual Report to Shareholders2014Annual Report to ShareholdersIn 2014,Healthcare Realty Trust Incorporated continued to execute its strategy of investing in medical office and outpa-tient facilities.Healthcare Realtys low business-risk model and its established relationshi

2、ps with investment-grade health systems have yielded a distinct portfolio of outpatient facili-ties with stable tenants,superior rent coverages and sustain-able growth.Revenue and FFO growth for the year showed positive gains from strong internal operations,recently completed devel-opments and selec

3、tive acquisitions.After streamlining the portfolio over the past several years,we continue to pursue opportunities to enhance the Companys internal growth.Healthcare Realtys operating metrics and active leasing reflected healthy momentum for the year.Occupancy in the same store portfolio remained co

4、nsistent at 91%,and tenant retention increased to approximately 89%in the multi-ten-ant properties at year-end.Annual contractual rent growth among in-place multi-tenant leases averaged 3%in 2014,and revenue per occupied square foot increased 2.1%over the prior year.We believe the Company has a high

5、er propensity for lease renewals and steady performance,with over 80%of our$3.2 billion in properties associated with credit-rated health systems and an average lease size of only 4,550 square feet in the multi-tenant properties.With stable tenants,aligned with well-established health systems,and co

6、nsistent revenue increases combined with disciplined expense management,we foresee meaningful growth in the core portfolio and a positive backdrop to the Companys investment activity.Healthcare spending nationwide accounted for 17.4%of the nations gross domestic product(GDP)in 2013 and is projected