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HomeCo Daily Needs REIT Posts $142M Valuation Gain, Confirms FY25 Distribution

8:38am on Thursday 19th of June, 2025 AEST Real Estate
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HomeCo Daily Needs REIT Posts $142M Valuation Gain, Confirms FY25 Distribution

8:38am on Thursday 19th of June, 2025 AEST
Key Points
  • Preliminary unaudited portfolio valuation up 3.0% to $4.96 billion
  • $142 million valuation gain driven by net operating income growth and cap rate tightening
  • Quarterly distribution declared at 2.125 cents per unit with DRP activated at no discount
  • FY25 distribution per unit guidance confirmed at 8.5 cents
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