Concierge gives you timely BUY and SELL alerts on ASX-listed stocks
Property Stocks Down Under 21 September 2022: HomeCo Daily Needs REIT (ASX:HDN)
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.