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HomeCo Daily Needs REIT ( (AU:HDN) ) has provided an update.
HomeCo Daily Needs REIT announced a fund payment notice for the quarter ending March 31, 2025, with a total cash distribution rate of 2.125 cents per unit. The distribution includes taxable income and capital gains components, and the REIT intends to operate as an attribution managed investment trust for the fiscal year ending June 30, 2025. This announcement underscores HDN’s commitment to providing consistent returns to its investors and highlights its strategic positioning in the Australian real estate market.
The most recent analyst rating on (AU:HDN) stock is a Buy with a A$1.40 price target. To see the full list of analyst forecasts on HomeCo Daily Needs REIT stock, see the AU:HDN Stock Forecast page.
More about HomeCo Daily Needs REIT
HomeCo Daily Needs REIT (HDN) is an Australian Real Estate Investment Trust listed on the ASX, focusing on investing in convenience-based assets across Neighbourhood Retail, Large Format Retail, and Health & Services. It aims to provide consistent and growing distributions to its unitholders, with assets valued at approximately $4.9 billion across major metropolitan areas in Australia. Additionally, HDN is a strategic investor in the Last Mile Logistics unlisted fund, which targets core plus transition assets for last mile real estate infrastructure.
Average Trading Volume: 3,935,579
Technical Sentiment Signal: Strong Buy
Current Market Cap: A$2.64B
Learn more about HDN stock on TipRanks’ Stock Analysis page.