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. 

Morningstar Investment Ideas

Markets

Index
Last price
Change
% Change
All Ordinaries8,880.707.700.09%
CAC 408,007.9728.050.35%
DAX 4024,136.81181.880.76%
Dow JONES (US)49,579.91180.65-0.36%
FTSE 10010,325.3560.030.58%
HKSE26,388.4440.530.15%
NASDAQ26,381.59293.391.12%
Nikkei 22563,272.11529.540.84%
NZX 50 Index13,063.0617.27-0.13%
S&P 5007,440.1639.200.53%
S&P/ASX 2008,630.400.60-0.01%
SSE Composite Index4,242.5728.080.67%

Market Movers