BlackRock becomes substantial holder in HomeCo Daily Needs REIT

BlackRock Group, comprising BlackRock Inc. and its subsidiaries, has become a substantial holder in HomeCo Daily Needs REIT, holding 105,152,981 ordinary units, representing a 5.03% voting power. The filing indicates BlackRock's relevant interests are held through various entities, including BlackRock Advisors (UK) Limited and BlackRock Investment Management (Australia) Limited, with the effective date of becoming a substantial holder being November 20, 2025.

The acquisition involved both on-market purchases and collateral transfers, with cash considerations for on-market buys ranging from AUD 1.25 to AUD 1.41 per security. BlackRock Investment Management (Australia) Limited engaged in multiple on-market buys, including AUD 1.34 on November 20, 2025, for 19,647 units. Collateral transfers also contributed significantly, with large blocks of shares such as AUD 4,044,592 transferred on November 20, 2025, by BlackRock Advisors (UK) Limited.

In a related announcement, HomeCo Daily Needs REIT disclosed the quotation of 1,280,264 additional ordinary units fully paid on November 24, 2025, issued under a dividend or distribution plan. These units, with an issue price of AUD 1.37 per security, will rank equally with existing issued securities. Following this quotation, the total number of quoted ordinary units fully paid for HomeCo Daily Needs REIT stands at 2,088,098,620.