BWP Trust (ASX: BWP)
Australia flag Australia · Delayed Price · Currency is AUD
3.390
-0.030 (-0.88%)
Nov 21, 2024, 4:10 PM AEST

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.

BWP 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
Sarah Sampimon Office Manager
Andrew Ross AAPI, BBus (Val) Head of Property
Karen A. Lange FCIS, FCPA, M.Bus, MAICD Company Secretary