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<WIRE> Homeco Daily Needs REIT (ASX:HDN) Announces FY23 DPU of 8.3 AU Cents



HomeCo Daily Needs REIT (ASX:HDN) has announced its FY23 distribution per unit (DPU) of 8.3 AU cents.

The company also reported its FY23 Fun from operations (FFO) per unit at 8.6 AU cents.

Looking ahead, HomeCo Daily Needs REIT revealed a prediction for FY24, estimating a Funds from operations (FFO) guidance of 8.6 AU CPU and a DPU guidance of 8.3 AU cents.

As of June 23, the company maintained a robust balance sheet, with net assets amounting to A$3.1 billion.

Additionally, HomeCo Daily Needs REIT is set to commence developments valuing over A$120 million in FY24.

HomeCo Daily Needs REIT is a real estate company that focuses on daily needs and convenience-based retail assets.

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