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Home Consortium Ltd ( (AU:HMC) ) has provided an update.
HMC Capital Limited announced that its SYD1 data centre has received ‘Certified Strategic’ status from the Department of Home Affairs, marking a significant milestone in enhancing the asset’s value. This certification, combined with the anticipated growth in data centre demand driven by AI, reinforces HMC’s investment strategy in DGT, with expectations of substantial leasing and earnings growth over the next few years.
The most recent analyst rating on (AU:HMC) stock is a Buy with a A$10.85 price target. To see the full list of analyst forecasts on Home Consortium Ltd stock, see the AU:HMC Stock Forecast page.
More about Home Consortium Ltd
HMC Capital is a leading ASX-listed diversified alternative asset manager focused on real estate, private equity, energy transition, digital infrastructure, and private credit. The company manages approximately $18.5 billion on behalf of institutional, high net worth, and retail investors, with a team experienced in executing large, complex transactions.
Average Trading Volume: 1,844,733
Technical Sentiment Signal: Sell
Current Market Cap: A$1.47B
See more insights into HMC stock on TipRanks’ Stock Analysis page.