Healthpeak Properties, Inc. and Healthpeak OP, LLC Complete Consent Solicitation and Offers to Guarantee and Receive Required Consents to Amend Physicians Realty L.P. Indentures

Healthpeak Properties, Inc. (NYSE: PEAK) (“Healthpeak”) today announced that, in connection with its and Healthpeak OP, LLC’s (“Healthpeak OP”) previously announced consent solicitation and offers to guarantee for Physicians Realty L.P. (a consolidated subsidiary of Physicians Realty Trust (NYSE: DOC) (“Physicians Realty Trust” or “DOC”)) senior notes related to Healthpeak’s agreement to merge with Physicians Realty Trust (the “Merger”), it has received the required consents from the holders of the outstanding Physicians Realty L.P. senior notes listed below (collectively, the “DOC Notes”) to adopt the proposed amendments to each of the supplemental indentures to the Senior Indenture (each, an “Indenture”) governing such DOC Notes.

Issuer

Debt Security Description

CUSIP No.

Aggregate Principal Amount

Consent Payment

Physicians Realty L.P.

4.300% Senior Notes due 2027

71951Q AA0

$400,000,000

$1.00 per $1,000

Physicians Realty L.P.

3.950% Senior Notes due 2028

71951Q AB8

$350,000,000

$1.00 per $1,000

Physicians Realty L.P.

2.625% Senior Notes due 2031

71951Q AC6

$500,000,000

$1.00 per $1,000

The adoption of the amendments for each Indenture required consents from at least a majority in aggregate principal amount of each series of DOC Notes outstanding under such Indenture as of the record date for the consent solicitation and offers to guarantee, 5:00 p.m., New York City time, on February 9, 2024. Global Bondholder Services Corporation, the Tabulation Agent, has advised Healthpeak that as of the expiration time for the consent solicitation and offers to guarantee of 5:00 p.m., New York City time, on February 26, 2024 (the “Expiration Time”), Healthpeak and Healthpeak OP have received the required consents of the holders of DOC Notes.