BWP Trust

Institutional Investor Western Australia, Australia ·Founded 1998

Overview

BWP Trust is an Australian real estate investment trust (REIT) that invests in and manages commercial properties throughout Australia. Established and listed on the Australian Securities Exchange (ASX) in 1998, the Trust's portfolio primarily comprises large-format retail properties, notably Bunnings Warehouses leased to Bunnings Group Limited. Bunnings is a leading retailer of home improvement and outdoor living products in Australia and New Zealand. In August 2025, BWP Trust internalized its management by acquiring BWP Management Limited and its subsidiaries from Wesfarmers Limited, resulting in the formation of a stapled group comprising BWP Trust and BWP Property Group Limited. This strategic move aimed to enhance operational efficiency and align the interests of unitholders and management. As of December 31, 2025, BWP Trust's portfolio included 82 properties with a total value of approximately $3.9 billion. The portfolio maintained a weighted average lease expiry (WALE) of 7.5 years and an occupancy rate of 96.7%. The Trust's commitment to sustainability is evident in its low-impact operations concerning emissions, waste, and energy use, reflecting a dedication to environmental responsibility in its property management practices.

Investment Focus

  • Properties located in Australia
  • Leases with long-term tenants
  • Sustainable and low-impact operations

Portfolio Companies

Bunnings Group Limited

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Frequently asked questions about BWP Trust

What sectors does BWP Trust invest in?

BWP Trust invests in Real Estate and Retail, and is based in Western Australia, Australia. BWP Trust is listed as a institutional investor in the ConnectSafely investor database.

What stage does BWP Trust invest at?

BWP Trust backs companies at Growth and Late Stage.

Which regions does BWP Trust invest in?

BWP Trust invests across Australia.

What companies has BWP Trust invested in?

BWP Trust's portfolio includes Bunnings Group Limited.

Last updated · Source: ConnectSafely investor database