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Global Medical REIT prices IPO at $10, the low end of the range

June 29, 2016
GMRE

Global Medical REIT, a health care REIT with a portfolio of 12 facilities, raised $130 million by offering 13 million shares at $10, the low end of the range of $10 to $12. Global Medical REIT plans to list on the NYSE under the symbol GMRE. Wunderlich Securities and Oppenheimer & Co. acted as lead managers on the deal.