Fund portfolio manager Paul Doherty said notwithstanding the backdrop of COVID-19, the company made progress through an active approach to asset management, development and acquisitions since its IPO. The company has been acquisitive since its November 2020 IPO, contracting $586 million in acquisitions, increases its portfolio from 17 to 28 properties. Among the purchases was the HomeCO large format retail portfolio of seven assets for $266.4 million, as well as Town Centre Victoria Point for $160 million. HDN chair Simon Shakesheff said the retail landscape is rapidly evolving thanks in part to COVID-19.