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 | 9,047.30 | 25.90 | -0.29% |
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| DAX 40 | 25,124.55 | 97.75 | 0.39% |
| Dow JONES (US) | 51,564.70 | 72.15 | 0.14% |
| FTSE 100 | 10,407.90 | 8.20 | 0.08% |
| HKSE | 23,924.81 | 387.35 | -1.59% |
| NASDAQ | 26,517.93 | 496.28 | 1.91% |
| Nikkei 225 | 71,250.06 | 196.57 | 0.28% |
| NZX 50 Index | 13,495.63 | 132.32 | 0.99% |
| S&P 500 | 7,500.58 | 80.48 | 1.08% |
| S&P/ASX 200 | 8,828.70 | 27.90 | -0.32% |
| SSE Composite Index | 4,090.48 | 17.59 | -0.43% |