HomeCo Daily Needs REIT

HDN

Company Profile

  • Business description

    HomeCo Daily Needs REIT is a listed investment trust established and managed by HMC Capital, an ASX-listed alternative asset manager. HMC receives fees from HomeCo in exchange for property, investment, and development management services, and retains a minority interest in the REIT. HomeCo focuses on convenience-based assets that offer everyday goods and services, such as supermarkets, liquor stores, pharmacies, childcare, government and general services. Its portfolio also has a significant weighting to large format retail—a subsector that specializes in furniture, electrical appliances, and other homemaker offerings. Majority of HomeCo’s leases has fixed annual rate increases, and a smaller proportion are inflation-linked, with the rest commensurate with supermarket turnover.

  • Contact

    Gateway
    Level 7, 1 Macquarie Place
    SydneyNSW2000
    AUS

    T: +61 1300466326

    https://www.hmccapital.com.au

  • Sector

    Real Estate

    Stock type

    Cyclical

  • Industry

    REIT - Retail

    Fiscal Year End

    30 June 2026

    Employees

HomeCo Daily Needs REIT News & Analysis

stocks

Undervalued A-REIT yielding 6.5%

Stronger rental growth than retail peers bode well for this property owner. 

Morningstar Investment Ideas

Markets

Index
Last price
Change
% Change
All Ordinaries8,999.0016.40-0.18%
CAC 407,771.9789.99-1.14%
DAX 4024,065.47196.75-0.81%
Dow JONES (US)44,130.98330.30-0.74%
FTSE 1009,132.814.13-0.05%
HKSE24,773.33403.60-1.60%
NASDAQ21,122.457.23-0.03%
Nikkei 22541,069.82415.121.02%
NZX 50 Index12,820.762.98-0.02%
S&P 5006,339.3923.51-0.37%
S&P/ASX 2008,742.8013.60-0.16%
SSE Composite Index3,573.2142.51-1.18%

Market Movers