Trade The RMR Group Inc - RMR CFD

RMR Group Inc Company profile

About RMR Group Inc

The RMR Group Inc. is a holding company. The Company’s business is conducted by its majority owned subsidiary, The RMR Group LLC (RMR LLC). RMR LLC manages a diverse portfolio of publicly owned real estate and real estate related businesses. RMR LLC provides management services to four publicly traded real estate investment trusts (REITs): Diversified Healthcare Trust (DHC), which owns medical office and life science properties, senior living communities and wellness centers; Industrial Logistics Properties Trust (ILPT), which owns and leases industrial and logistics properties; Office Properties Income Trust (OPI), which owns office properties primarily leased to single tenants and those with quality credit characteristics, including the government; and Service Properties Trust (SVC), which owns a diverse portfolio of hotels and net lease service and necessity-based retail properties. It also provides management services to real estate operating companies and private capital vehicles.

Financial summary

BRIEF: For the three months ended 31 December 2021, RMR Group Inc revenues increased 16% to $181.6M. Net income applicable to common stockholders decreased 10% to $8M. Revenues reflect Reimbursable costs segment increase of 17% to $135.6M, Management services segment increase of 10% to $44.9M. Net income was offset by Unrealized gains attribut decrease of 85% to $1.2M (income), Compensation and benefits increase of 8% to $31.8M (expense).