# HOMECO DAILY NEEDS REIT > Australian public company **Wikidata**: [Q109627011](https://www.wikidata.org/wiki/Q109627011) **Source**: https://4ort.xyz/entity/homeco-daily-needs-reit-q109627011 ## Summary HOMECO DAILY NEEDS REIT is an Australian public company listed on the Australian Securities Exchange (ASX) under the ticker symbol HDN. It operates as a real estate investment trust focused on the daily needs sector, with a recorded market capitalization of approximately 1.12 billion Australian dollars as of November 18, 2021. ## Key Facts * **Official Name:** HOMECO DAILY NEEDS REIT. * **Entity Classification:** Australian public company and Real Estate Investment Trust (REIT). * **Stock Exchange:** Australian Securities Exchange (ASX). * **Ticker Symbol:** HDN. * **Listing Start Date:** November 23, 2020. * **Market Capitalization:** 1,118,789,240 Australian dollars. * **Valuation Date:** November 18, 2021. * **Primary Market:** Australian cash market. * **Data Source Reference:** ASX Directory (accessed November 18, 2021). ## FAQs **What is the primary listing status of HOMECO DAILY NEEDS REIT?** It is a public company that offers its securities for sale to the general public, specifically listed on the Australian Securities Exchange. This status allows its shares to be traded openly on the ASX cash market. **When did HOMECO DAILY NEEDS REIT begin trading on the stock exchange?** The entity commenced its listing on the Australian Securities Exchange on November 23, 2020. This date marks the beginning of its public trading history under the HDN ticker. **What was the financial valuation of the REIT in late 2021?** As of November 18, 2021, the market capitalization of HOMECO DAILY NEEDS REIT was recorded at 1,118,789,240 Australian dollars. This figure represents the total market value of its outstanding shares at that specific point in time. **How is the entity identified in financial directories?** In the ASX directory, the company is officially registered as HOMECO DAILY NEEDS REIT and is associated with the ticker symbol HDN. It is categorized specifically as an Australian public company within the exchange's records. ## Why It Matters HOMECO DAILY NEEDS REIT represents a significant vehicle for capital formation within the Australian real estate sector, specifically targeting the "daily needs" market segment. By operating as a publicly traded entity, it provides liquidity and investment opportunities for a broad range of investors, from individuals to institutional funds, to participate in the growth of essential retail infrastructure. Its listing on the ASX ensures adherence to strict regulatory disclosure standards, promoting transparency and stability in the Australian property market. The entity's substantial market capitalization, exceeding 1.1 billion AUD, underscores its role as a major player in the national economy, facilitating wealth creation and supporting the development of critical community assets. ## Notable For * Being a distinct Australian public company specializing in the daily needs real estate sector. * Holding a market capitalization of over 1.1 billion Australian dollars as of November 2021. * Commencing public trading on the Australian Securities Exchange on November 23, 2020. * Operating under the specific ticker symbol HDN on the ASX cash market. * Serving as a listed company that adheres to the regulatory framework of the Australian Securities Exchange. ## Body ### Definition and Corporate Identity HOMECO DAILY NEEDS REIT is formally classified as an Australian public company. This legal structure defines it as an organization that offers its securities to the general public, distinguishing it from private enterprises. The entity is registered under the official name "HOMECO DAILY NEEDS REIT" within the Australian financial ecosystem. As a Real Estate Investment Trust, it functions as a specific type of joint-stock company designed to own and operate income-producing real estate assets. ### Stock Exchange Listing and Ticker Information The company is listed on the Australian Securities Exchange (ASX), which serves as its primary venue for trading securities. It operates specifically within the ASX cash market. The entity is identified by the ticker symbol "HDN," which is used for all trading activities and market data retrieval. The listing process for this public company was finalized on November 23, 2020, marking its entry into the public market. This listing enables the company to raise capital from a wide pool of investors and provides a mechanism for shareholders to buy and sell ownership stakes. ### Financial Metrics and Valuation As of the reference date of November 18, 2021, HOMECO DAILY NEEDS REIT held a market capitalization of 1,118,789,240 Australian dollars. This valuation reflects the aggregate value of all its outstanding shares at that specific point in time. The financial data is sourced directly from the ASX directory, confirming the entity's significant economic footprint. The use of the Australian dollar as the currency unit aligns with its domestic listing status and operational base. ### Regulatory Context and Data Sources The information regarding HOMECO DAILY NEEDS REIT is verified through the ASX directory, a primary source for market data on the Australian Securities Exchange. The data was accessed and referenced on November 18, 2021, ensuring the accuracy of the listed details. As a public company, it is subject to the regulatory requirements of the ASX, which mandate regular reporting and disclosure to maintain its listed status. This regulatory framework ensures that investors have access to reliable information regarding the company's performance and structure. ## References 1. [Source](https://www2.asx.com.au/markets/trade-our-cash-market/directory)