HomeCo Daily Needs REIT
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
AUST: +61 1300466326
Sector
Real Estate
Stock type
Cyclical
Industry
REIT - Retail
Fiscal Year End
30 June 2026
Employees
13,000
HomeCo Daily Needs REIT News & Analysis
stocks
Undervalued A-REIT yielding 6.5%
Morningstar Investment Ideas
Markets
Index | Last price | Change | % Change |
---|---|---|---|
All Ordinaries | 9,288.10 | 53.60 | 0.58% |
CAC 40 | 8,081.54 | 24.91 | 0.31% |
DAX 40 | 24,378.80 | 43.76 | -0.18% |
Dow JONES (US) | 46,803.51 | 283.79 | 0.61% |
FTSE 100 | 9,491.25 | 63.52 | 0.67% |
HKSE | 27,140.92 | 146.20 | -0.54% |
NASDAQ | 22,785.17 | 58.88 | -0.26% |
Nikkei 225 | 45,769.50 | 832.77 | 1.85% |
NZX 50 Index | 13,514.09 | 62.33 | 0.46% |
S&P 500 | 6,720.34 | 4.99 | 0.07% |
S&P/ASX 200 | 8,987.40 | 50.80 | 0.57% |
SSE Composite Index | 3,882.78 | 20.25 | 0.52% |