Healthpeak Properties Stockholders and Physicians Realty Trust Shareholders Approve Merger

Healthpeak Properties, Inc. (NYSE: PEAK) (“Healthpeak”) and Physicians Realty Trust (NYSE: DOC) (“Physicians Realty Trust”) today announced that Healthpeak stockholders and Physicians Realty Trust shareholders have voted to approve the proposals necessary for the closing of the proposed merger at their respective special meetings held virtually today, February 21, 2024.

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The transaction is expected to close on or about March 1, 2024, subject to the satisfaction or waiver of customary closing conditions. The combined company will operate under the Healthpeak Properties, Inc. name. Provided the transaction is consummated on March 1, 2024, Healthpeak common stock is expected to begin trading under the ticker symbol “DOC” at the open of trading on The New York Stock Exchange on March 4, 2024.

Upon consummation of the merger, Physicians Realty Trust shareholders will receive 0.674 of a newly issued share of Healthpeak common stock for each Physicians Realty Trust common share they own immediately prior to the effective time of the merger, subject to any withholding required under applicable tax laws, as applicable.

The final voting results for the Healthpeak Special Meeting of Stockholders and Physicians Realty Trust Special Meeting of Shareholders will be disclosed in a Current Report on Form 8-K to be filed with the U.S. Securities and Exchange Commission by Healthpeak and Physicians Realty Trust, respectively.

ABOUT HEALTHPEAK PROPERTIES

Healthpeak Properties, Inc. is a fully integrated real estate investment trust (REIT) and S&P 500 company. Healthpeak owns, operates, and develops high-quality real estate for healthcare discovery and delivery. For more information regarding Healthpeak, visit www.healthpeak.com.

ABOUT PHYSICIANS REALTY TRUST

Physicians Realty Trust is a self-managed health care real estate company organized to acquire, selectively develop, own, and manage health care properties that are leased to physicians, hospitals and health care delivery systems. Physicians Realty Trust invests in real estate that is integral to providing high quality health care. Physicians Realty Trust is a Maryland real estate investment trust and has elected to be taxed as a REIT for U.S. federal income tax purposes. Physicians Realty Trust conducts its business through an UPREIT structure in which its properties are owned by an operating partnership, directly or through limited partnerships, limited liability companies or other subsidiaries.