Real Estate Investment TrustsIFRS · EUR

Sila Realty Trust, Inc.

Sila Realty Trust, Inc. is a U.S.-based real estate investment trust organized as a Maryland corporation and internally managed through its operating partnership. The company owns and invests in net lease healthcare properties across the continuum of care, including medical outpatient buildings, inpatient rehabilitation facilities, and surgical and specialty facilities.

Liikevaihto198milj. EUR
+5,7 %v/v
Nettotulos33,1milj. EUR
−22,4 %v/v
Vapaa kassavirta119milj. EUR
−10,3 %v/v

Tilikausi 2025 · muutos edellisvuodesta

Kehitys 2020–2025

050100150200milj. EUR2020: 166 milj. EUR2020: EBIT 51 milj. EUR20202021: 173 milj. EUR2021: EBIT 36 milj. EUR20212022: 180 milj. EUR20222023: 189 milj. EUR20232024: 187 milj. EUR20242025: 198 milj. EUR2025198
LiikevaihtoLiikevoitto (EBIT)

Liiketoiminta

Osuus liikevaihdosta
Net lease healthcare properties95 %

Income-producing healthcare real estate leased on a net basis to operators across the care continuum.

Medical outpatient buildings35 %

Facilities used for physician practices, ambulatory care, and outpatient medical services.

Inpatient rehabilitation facilities20 %

Properties leased to operators providing post-acute rehabilitation and recovery services.

Surgical and specialty facilities20 %

Real estate used for surgical, specialty treatment, and related healthcare services.

Other real estate investments5 %

Equity or debt interests in other real estate entities and related investments.

Undeveloped land and redevelopment assets5 %

Land parcels and properties held for future use, redevelopment, or demolition.

Asiakkaat

Sila’s tenants are healthcare operators that need specialized facilities to deliver patient care across outpatient, rehabilitation, surgical, and specialty settings. The company also targets creditworthy national, regional, and local healthcare tenants and their sponsors, with a preference for long-term net leases that support predictable occupancy and rent collection.

Healthcare facility operators

Operators of outpatient, rehabilitation, surgical, and specialty facilities that lease real estate to support care delivery.

Creditworthy national and regional tenants

Established healthcare companies that sign long-term net leases and provide more stable rent coverage.

Local and specialty providers

Smaller or regional healthcare providers that need purpose-built facilities in established markets.

Real estate sponsors and counterparties

Owners or sponsors involved in acquisitions, sale-leasebacks, or other real estate-related investments.

Strategia

Sila’s strategy is to acquire high-quality, net-leased healthcare properties leased to creditworthy tenants on long-term contracts. It also seeks to preserve portfolio quality through diversification by tenancy, geography, age, and lease maturity, while using selective real estate-related investments when they fit its return criteria.

Expand the healthcare net lease portfolioKeskipitkä aikaväli

Adds durable rental income from essential healthcare facilities.

Maintain tenant and geographic diversificationKeskipitkä aikaväli

Reduces exposure to operator-specific and local market disruptions.

Preserve balance sheet flexibilityLyhyt aikaväli

Supports acquisitions, distributions, and capital needs across cycles.

Maantiede

The portfolio is primarily located throughout the continental United States, with an emphasis on geographically diverse, established markets. Geography matters because healthcare real estate is tied to local demand, regulatory conditions, and tenant concentration, while diversification helps reduce exposure to any single market or operator.

Riskit

Sila is exposed to tenant credit risk, healthcare reimbursement and regulatory changes, and the usual risks of real estate ownership such as occupancy declines, refinancing pressure, and property impairment. Because its income depends on long-term leases in a specialized sector, disruptions at a tenant, changes in Medicare spending, or adverse market conditions can affect rent collection and asset values.

Järjestetty vakavuuden mukaan
MatalaKohtalainenKorkeaMatalaKohtalainenKorkeaVaikutus →Todennäköisyys →Tenant bankruptcy or non-payment1Healthcare reimbursement and regulation2Interest rate and financing risk3Property impairment and valuation decline4Macro and regulatory volatility5
Vaikutus on riskin vakavuus ja todennäköisyys sen toteutumisen todennäköisyys lähivuosina, molemmat arvioitu yhtiön raporttien perusteella. Numerot vastaavat listaa.
  1. Tenant bankruptcy or non-paymentVaikutus: KorkeaTodennäköisyys: Kohtalainen

    Lease cash flow depends on healthcare operators meeting rent obligations.

    Kohdistuu: Healthcare tenants on long-term net leases

  2. Healthcare reimbursement and regulationVaikutus: KorkeaTodennäköisyys: Kohtalainen

    Changes in Medicare spending or healthcare rules can weaken tenant profitability.

    Kohdistuu: Operators across the care continuum

  3. Interest rate and financing riskVaikutus: KeskitasoTodennäköisyys: Kohtalainen

    Property acquisitions and distributions rely on debt and capital market access.

    Kohdistuu: Variable-rate debt and refinancing needs

  4. Property impairment and valuation declineVaikutus: KeskitasoTodennäköisyys: Kohtalainen

    Lower occupancy, tenant issues, or market weakness can reduce asset values.

    Kohdistuu: Individual healthcare properties

  5. Macro and regulatory volatilityVaikutus: KeskitasoTodennäköisyys: Kohtalainen

    Inflation, tariffs, and broader economic stress can affect tenants and real estate markets.

    Kohdistuu: U.S. healthcare real estate portfolio

Kirjanpito

Harkinnanvaraiset erät
Long-lived asset impairment

Each property is tested for indicators such as vacancy, tenant delinquency, or market value declines.

Vaikutus: Can create non-cash write-downs that affect earnings and book value

Rental revenue recognition

Revenue depends on lease occupancy, contractual rent escalators, and reimbursement timing.

Vaikutus: Affects reported rental income and same-store comparability

Tenant collectability and credit losses

Management monitors tenant ability to pay rent and may need to reflect expected losses.

Vaikutus: Can reduce revenue and increase provisions

Interest rate hedging

The company uses hedging to manage variable-rate debt exposure.

Vaikutus: Can affect interest expense and derivative fair value marks

Julkisesti listattuja yhtiöitä, joilla on samankaltainen liiketoiminta.

Päivitetty: 24.9.2026

Sila Realty Trust, Inc. – Real Estate Investment Trusts | Analyysi – Clarifo