Investment Strategy

Core purpose

BWP Trust aims to provide a premium commercial real estate investment product, delivering unitholders a secure and growing income stream and long-term capital growth.

Investment approach

To achieve this core purpose the responsible entity invests on behalf of the Trust according to the following strategies, objectives and investment criteria:

Strategies and Objectives

 Strategies Objectives 
Drive better returns from existing assets through focused and pro-active asset management

Diligent approach to rent reviews
Full occupancy and strong tenant covenants
Efficiencies in outgoings and stay-in-business capital expenditure
Value enhancing capital improvements
Longer term property enhancement (rezoning, lease improvements, property accessibility and format)

Deliver efficiency, sustainability and value through effective management of the Trust and its capital Reliable cash flow and access to competitive funding
Disciplined investment approach
Competitive advantage from reputation, capital management and operational efficiency and expertise
Undertake genuine sustainability endeavors
Strength and credibility of board and management

Generate growth by acquiring quality commercial properties that meet the Trust's investment criteria Source quality Bunnings Warehouses from Bunnings or third parties
Pursue select prime large format retailing properties

Investment criteria
  • Ample land area (average 3 hectares)
  • Visible and accessible from a major road, highway or freeway
  • Ready vehicle access and ample on-site parking
  • Significant catchment area
  • Offers geographic diversity
  • Long-term lease (or re-leasing potential)
  • Financially substantial tenant in an economically, socially and environmentally sustainable business
  • Includes sustainability measures or prospects