HomeCo Daily Needs REIT

HomeCo Daily Needs REIT has secured a 100% interest in Southlands Boulevarde for $92.5m and HomeCo Capital will hold Menai Marketplace, worth $150m, as a seed asst in a new Fund.

HomeCo Daily Needs REIT announced a 30% gain in earnings and an 18% increase in distribution per security as which underscores the strategic rationale for the transformational merger with Aventus and the significant progress being made to capitalise on HDN’s enhanced growth pipeline.

HomeCo released the latest valuation numbers for their Daily Needs REIT supporting their proposition that the portfolio strategy is in line with the shift to to omni-channel retailing and last mile convenience

A diversified retail investment anchored by Dan Murphy’s in one of Victoria’s largest growth corridors has changed hands for $21.5million.

HDN delivered FFO/unit growth of 38% versus the prior corresponding period which was driven by strong underlying income growth and accretive investments into both our development pipeline and strategic acquisitions.

HomeCo Daily Needs REIT has agreed a deal to merge with the Aventus Group to create a $4.1bn listed Daily Needs REIT

HomeCo has announced the acquisition of 6 additional assets for its Daily Needs Trust worth $222m.

The HomeCo Daily Needs REIT has exceeding their IPO targets in first year despite COVID impacting some retail settings.

The HomeCo Daily Needs REIT has agreed terms to acquire the Town Centre, Victoria Point in Queensland for $160m, representing a 4.75% yield.

The HomeCo Daily Needs REIT has revealed a 6.5% increase in valuations ($84.7 million) since December 2020, reflecting the strength in the Neighbourhood convenience sector.

The HomeCo Daily Needs REIT has acquired a portfolio of HomeCo large format retail assets along with the Armstrong Creek Town Centre in deals worth $322m.

The HomeCo Daily Needs REIT has lifted its earnings outlook as cash collections, rental growth and valuations grow ahead of pre-IPO forecasts

HomeCo have taken a number of analysts and investors on a tour of their Western Sydney holdings.

The HomeCo Daily Needs REIT has now settled the acquisition of the Gregory Hills Town Centre.

HomeCo Daily Needs REIT has agreed to acquire Bunnings Seven Hills for $56.0 million representing a passing yield of 5.1%.