Appendix 4D and HY26 Financial Report

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Stock Homeco Daily Needs REIT (HDN.ASX)
Release Time 11 Feb 2026, 7:30 a.m.
Price Sensitive Yes
 HomeCo Daily Needs REIT Reports Strong HY26 Results
Key Points
  • Profit for the half-year increased 108% to $243.5 million
  • Funds from operations (FFO) increased 2.8% to $92.4 million
  • Distributions of 4.3 cents per unit declared for the half-year
Full Summary

HomeCo Daily Needs REIT has reported a strong financial performance for the half-year ended 31 December 2025. The group recorded property and interest income of $190.4 million, up 6% from the prior corresponding period, and a profit of $243.5 million, an increase of 108%. This was primarily driven by a $151.8 million net fair value gain on investment properties, derivatives and financial assets, an increase in property income, and higher share of profits from equity-accounted investees. Funds from operations (FFO), which the directors consider to be the core earnings measure of the group, increased 2.8% to $92.4 million or 4.4 cents per unit. The performance was driven by higher net property income, savings in management fees, and was offset by higher interest expenses. The group's portfolio of 45 daily needs assets was valued at $5,001.7 million as at 31 December 2025, with a weighted average capitalisation rate of 5.5%. The group's gearing ratio remained stable at 35.2% and 70.5% of debt was hedged. Distributions of 4.3 cents per unit were declared for the half-year.

Guidance

The group reported funds from operations (FFO) of $92.4 million or 4.4 cents per unit for the half-year ended 31 December 2025.