HomeCo Daily Needs REIT (HDN) announced that HDN Managing Director and Chief Executive Officer (CEO) Darren Holland has announced his intention to retire from HDN following the successful integration of Aventus and HDN. Following Darren's decision to retire, the Board announced the appointment of Sid Sharma as the CEO-designate of HDN. Sid is currently the Chief Operating Officer (COO) of HMC Capital and has been responsible for overseeing the asset management, development and capital transactions functions across the HMC group (including HDN since the REIT was established in November 2020).

Sid was formerly the COO of SCA Property Group. Accordingly, Sid is well placed to lead HDN through its next phase of growth and maintain the strong momentum in unlocking the REIT's significant $500m+ development pipeline.