BWP Trust Company Description
Established and listed on the Australian Securities Exchange (“ASX”) in 1998 (see prospectus), BWP Trust (“BWP” or “the Trust”) is a real estate investment trust investing in and managing commercial properties throughout Australia.
The majority of the Trust’s properties are large format retailing properties, in particular, Bunnings Warehouses, leased to Bunnings Group Limited (“Bunnings”).
Bunnings is the leading retailer of home improvement and outdoor living products in Australia and New Zealand, and a major supplier to project builders, commercial trades people, and the housing industry.
Full details on the Trust’s property portfolio can be found in the Our Properties section of this website.
The Trust is managed by an external responsible entity, BWP Management Limited (“the responsible entity”) which is appointed under the Trust’s constitution and operates under an Australian Financial Services Licence.
The responsible entity is committed to managing the Trust solely and is paid an annual fee based on the gross assets of the Trust.
Both Bunnings and the responsible entity are wholly-owned subsidiaries of Wesfarmers Limited (“Wesfarmers”), one of Australia’s largest listed companies.
Wesfarmers also owns approximately 24.75 per cent of the issued units in the Trust.
Country | Australia |
Founded | 1998 |
Industry | REIT - Industrial |
Sector | Real Estate |
CEO | Mark Scatena |
Contact Details
Address: Level 14, Brookfield Place Tower 2 Perth, 6000 Australia | |
Phone | 61 8 9327 4356 |
Website | bwptrust.com.au |
Stock Details
Ticker Symbol | BWP |
Exchange | Australian Securities Exchange |
Fiscal Year | July - June |
Reporting Currency | AUD |
ISIN Number | AU000000BWP3 |
SIC Code | 6798 |
Key Executives
Name | Position |
---|---|
Mark Christian Scatena B.E., M.B.A. | MD and Director |
David Hawkins BCom, FCA | Head of Finance and Company Secretary |
Sarah Sampimon | Office Manager |
Warren Martin Baillie B.Com., Grad.Dip.CSP, L.L.B. | General Counsel and Company Secretary |
Andrew Ross AAPI, BBus (Val) | Head of Property |