Healthcare Realty Trust Incorporated Common Stock (HR)

Competitors to Healthcare Realty Trust Incorporated Common Stock (HR)

CyrusOne Inc.

CyrusOne primarily invests in data centers rather than healthcare-specific properties. However, they overlap as both companies are in the broader real estate investment sector. Although CyrusOne focuses on technology and data solutions, its inclusion in discussions about healthcare infrastructure stems from the increasing importance of digital health solutions. Healthcare Realty Trust’s competitive advantage lies in its specialization in healthcare properties, which makes it a more relevant operator within the healthcare space compared to CyrusOne.

Duke Realty Corporation

Duke Realty Corporation operates in the logistics and industrial space but is also involved in medical office buildings. Although it's not exclusively a healthcare REIT, its investments in medical properties focus on the healthcare industry's operational needs. Duke Realty’s larger scale and diversified portfolio offer it a competitive edge in economies of scale, allowing it to access a broader market. Healthcare Realty Trust, however, is able to leverage a focused strategy on healthcare real estate, potentially providing more specialized services to tenants.

Healthpeak Properties, Inc.

Healthpeak Properties focuses on owning and developing healthcare real estate, similar to Healthcare Realty Trust. Each company has a portfolio of properties in the healthcare sector including senior housing, life science facilities, and medical office buildings. Healthpeak has a more diversified portfolio, including life sciences, which gives it an edge in sectors with higher growth potential. However, Healthcare Realty Trust specializes more heavily in medical office buildings, which positions it well within that specific market niche.

Physicians Realty Trust 

Physicians Realty Trust is similar to Healthcare Realty Trust as both are dedicated to owning and managing properties leased to healthcare providers. The two companies compete for the same market of medical office buildings, but Physicians Realty Trust tends to focus more on properties that cater specifically to physicians. Consequently, while Physicians Realty Trust may have an advantage in physician-centered locations and leases, Healthcare Realty Trust boasts a broader range of partnerships and property types, potentially offsetting that advantage.

Welltower Inc. 

Welltower Inc. operates in the healthcare real estate investment trust (REIT) space like Healthcare Realty Trust, focusing on senior housing, post-acute care, and outpatient medical facilities. Welltower's extensive resources and larger scale provide it with better access to capital and a broader range of properties. Although Welltower has a more diversified approach with significant investments in senior housing, Healthcare Realty Trust's specialization allows it to cater specifically to the needs of medical offices, making its offering appealing to a targeted market.