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Healthpeak Properties' Net Income Drops by 39% Amidst Merger Costs, FFO Up

DOC10-KFiling Date: 2/9/2024
Healthpeak Properties, Inc.
Description

What this story covers

Healthpeak Properties, a healthcare REIT, saw 2023 net income drop to 304 point 3 million dollars (from 497 point 8 million dollars) due to merger costs and prior-year gains, despite FFO increasing. They are merging with Physicians Realty Trust, risking dilution and integration challenges.

Story snapshot

CompanyHealthpeak Properties, Inc.
TickerDOC
VariantStandard detailed
Duration30:23
Filing type10-K
PeriodAnnual 2023
IndustryReal Estate & Construction
Accession0001628280-24-004094

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