• FY26 FFO per unit and DPU in line with guidance
• Portfolio value increased by 6% to $5.2bn
• Strong asset valuation uplift driving NTA per unit growth
• Strategic value creation through prudent capital investment
• Resilient balance sheet with NTA per unit at $1.56

Homeco Daily Needs REIT (HDN) has presented its FY26 results, showcasing operational excellence and a robust balance sheet. The portfolio value increased by 6% to $5.2bn, driven by operational excellence and enhanced balance sheet flexibility. FFO per unit and DPU were in line with guidance at 9.0 cents and 8.6 cents respectively. The company achieved a 99% occupancy rate, with a 4.0% increase in contracted rent and 5.9% leasing spreads. The net tangible asset (NTA) per unit grew by 6.1% to $1.56, driven by portfolio valuation gains and capital expenditure, partly offset by net asset disposals. HDN's strategic value creation is supported by a prudent capital allocation across acquisition, development, and fund investment, targeting a >7% return on invested capital (ROIC). The company continues to focus on sustainability, with solar installed at ~90% of feasible assets and ongoing initiatives in environmental, social, and governance (ESG) areas.

NTA per unit expected to increase by 6.1%, FY26 FFO per unit in line with guidance

HDN is well-positioned for future growth with a disciplined capital allocation strategy, a robust balance sheet, and a focus on sustainability. The company aims to drive value through asset recycling, accretive acquisitions, and organic growth through its development pipeline.