Property Stocks Down Under 21 September 2022: HomeCo Daily Needs REIT (ASX:HDN)

Property Stocks Down Under 21 September 2022: HomeCo Daily Needs REIT (ASX:HDN) 2
HomeCo Daily Needs REIT: Serving Australia's Three Biggest Cities
It’s been just over six months since we last covered HomeCo Daily Needs REIT (ASX:HDN). It is managed by Home Consortium and listed in 2020 at $1.33 per share after being spun out of its parent company. Since early March it has declined 4%, but still significantly outperformed many of its peers. Eerily similar to the broader market, investors have been less bearish on consumer staple property stocks. Still, they don’t appear to have given much attention to HDN’s FY22 results. Should they have?
Click here to read the previous edition of Property Stocks Down Under published 14 September 2022. For in-depth research reports or to keep up-to-date on the latest Stocks Down Under news see our parent company, Pitt Street Research, or follow us on Facebook and Twitter.
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