Healthcare Realty Trust provides JV progress, $227M proceeds, $175M+ share repurchases

Healthcare Realty Trust Inc

Contributed 10 properties to KKR JV generating $227M proceeds; expects total >$300M from additional contributions.
KKR committed up to an additional $600M, JV potential value $1B; HR retains 20% interest and manages JV.
Additional transactions under contract/LOI expected to generate further >$300M by early August.
Repurchased shares totaling over $175M since April 1, 2024, using proceeds on leverage-neutral basis.
CEO states capital allocation execution on track to improve dividend coverage and accelerate FFO growth.

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