Diversified Healthcare Trust reported a net income attributable to common shareholders of $9.7 million, or $0.04 per share, and normalized FFO attributable to common shareholders of $69.3 million, or $0.29 per share, for the quarter ended March 31, 2020. The company's office portfolio segment experienced same-store cash basis NOI growth of 2.6%.
Net income attributable to common shareholders was $0.04 per share.
Normalized FFO attributable to common shareholders was $0.29 per share.
Office Portfolio segment produced same-store cash basis NOI growth of 2.6%.
Board of Trustees declared a quarterly distribution of $0.01 per share in April to preserve capital.
Company provided forward-looking statements regarding potential impacts of COVID-19, rent relief requests, and future distributions.
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