HomeCo Daily Needs REIT

The publicly traded company (ASX: HDN) owns 52 shopping centres in 5 Australian states.

[1] In 2016, HomeCo's parent company, HMC Capital, acquired the Masters Home Improvement's holding company, Hydrox Holdings Pty Limited, for their property portfolio after its closure in 2016.

[2][3][4] The $725m acquisition provided HMC Capital with more than 700,000sqm of large scale retail space.

[6] In October 2021, HomeCo's parent company, HMC Capital announced a $2.2 billion merger deal with Aventus Group.

[7][8] The merger was completed in February 2022 and the Aventus Group was delisted from the ASX.