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

    13,000

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. 

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