EXHIBIT 99.1

                         (HEALTHCARE REALTY TRUST LOGO)



                                  NEWS RELEASE
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Contact:      Timothy G. Wallace, Executive Vice President and
              Chief Financial Officer (615) 269-8175


                        HEALTHCARE REALTY TRUST ANNOUNCES
                        FOURTH QUARTER DIVIDEND INCREASE

           COMPANY REPORTS PREFERRED STOCK DIVIDEND AND THIRTY-FOURTH
                      CONSECUTIVE COMMON DIVIDEND INCREASE

         NASHVILLE, Tennessee, January 22, 2002 -- Healthcare Realty Trust
Incorporated (NYSE:HR) today announced its thirty-fourth consecutive common
stock dividend increase for the quarter ended December 31, 2001. This dividend,
in the amount of $0.590 per share, represents an increase of $0.005 per share
over the dividend paid for the quarter ended September 30, 2001. The dividend is
payable on March 6, 2002 to shareholders of record on February 15, 2002. At this
rate, quarterly dividends approximate an annualized dividend payment of $2.36
per share.

         Healthcare Realty Trust also announced a cash dividend of $0.55469 per
share for its 8 7/8% Series A Cumulative Preferred Stock. The dividend is
payable on February 28, 2002 to shareholders of record on February 15, 2002.

         Healthcare Realty Trust is a real estate investment trust that
integrates owning, managing and developing income-producing real estate
properties associated with the delivery of healthcare services throughout the
United States. The Company's portfolio is comprised of nine major facility
types, located in 29 states nationwide, and operated pursuant to contractual
arrangements with 64 healthcare providers. The Company has investments of
approximately $1.6 billion in 250 real estate properties or mortgages, totaling
almost twelve million square feet. The Company provides property management or
asset management services to approximately seven million square feet nationwide.



     In addition to the historical information contained within, the matters
   discussed in this press release may contain forward-looking statements that
      involve risks and uncertainties. These risks are discussed in a 10-K
        filed with the SEC by Healthcare Realty Trust for the year ended
     December 31, 2000. Forward-looking statements represent the Company's
       judgment as of the date of this release. The Company disclaims any
                 obligation to update forward-looking material.



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