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How Is HomeCo Daily Needs REIT Driving Growth with $650m+ Development Pipeline?

7:42am on Wednesday 11th of February, 2026 AEDT Real Estate
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How Is HomeCo Daily Needs REIT Driving Growth with $650m+ Development Pipeline?

7:42am on Wednesday 11th of February, 2026 AEDT
Key Points
  • 1H FY26 FFO per unit up 2.3% to 4.4 cents
  • Portfolio valued at $5.1 billion with >99% occupancy and rent collection
  • Development pipeline exceeds $650 million targeting ~7%+ ROIC
  • Pro forma gearing steady at 34.6%, mid-target range
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