HDN.ASX: HDN Records $92M Gross Valuation Gains

HDN Records $92M Gross Valuation Gains

Stock	Homeco Daily Needs REIT (HDN.ASX)
Release Time	16 Jun 2026, 8:35 a.m.
Price Sensitive	Yes

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HDN Announces $92M Valuation Gains

Key Points

$92M gross valuation gains recorded
+1.8% increase on portfolio value
Balance sheet strong with mid-target gearing
FY26 DPU guidance reaffirmed at 8.6 cents
FY26 FFO guidance reaffirmed at 9.0 cents

Full Summary

Homeco Daily Needs REIT (ASX: HDN) reported a preliminary unaudited valuation gain of $92 million, representing a 1.8% increase from the previous portfolio value. The strong performance was driven by net operating income growth. The company's balance sheet remained robust with gearing at the midpoint of the target range. HDN also declared a quarterly distribution of 2.15 cents per unit. The company reaffirmed its FY26 guidance for Distributions Per Unit (DPU) at 8.6 cents and Funds From Operations (FFO) at 9.0 cents per unit.

Guidance

FY26 DPU guidance reaffirmed at 8.6 cents, FY26 FFO guidance reaffirmed at 9.0 cents

Outlook

HDN expects to continue delivering strong operational performance and valuation gains, driven by net operating income growth and tenant-led developments.