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HomeCo Daily Needs REIT Boosts FFO, Reaffirms FY25 Growth Targets
8:30am on Monday 2nd of June, 2025 AEST
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Real Estate
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HomeCo Daily Needs REIT Boosts FFO, Reaffirms FY25 Growth Targets
8:30am on Monday 2nd of June, 2025 AEST
Key Points
1H FY25 FFO per unit steady at 4.3 cents, matching prior year
Approximately $200 million in acquisitions and $250 million in asset disposals executed
Development pipeline exceeds $650 million targeting 7%+ return on invested capital
Occupancy and cash rent collections maintained above 99% since IPO
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Homeco Daily Needs REIT (ASX:HDN)
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