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HomeCo Daily Needs REIT Delivers Steady Growth and Strategic Expansion in 1H FY25
8:30am on Monday 2nd of June, 2025 AEST
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Real Estate Investment Trust (REIT)
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HomeCo Daily Needs REIT Delivers Steady Growth and Strategic Expansion in 1H FY25
8:30am on Monday 2nd of June, 2025 AEST
Key Points
FFO per unit steady at 4.3 cents, DPU up 2.5% year-on-year
Portfolio valued at $4.8 billion with >99% occupancy
Active asset recycling with $730 million disposed and $500 million acquired
Development pipeline targeting $100-$120 million commencements at ~7% ROIC
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