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BWP Trust (BWP.AX)

ASX - ASX Delayed price. Currency in AUD
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4.2800-0.0200 (-0.47%)
As of 3:44PM AEDT. Market open.

BWP Trust

Brookfield Place Tower 2
Level 14 123 St Georges Terrace
Perth, WA 6000
Australia
61 8 9327 4356
http://www.bwptrust.com.au

Sector(s)Real Estate
IndustryREIT—Industrial
Full-time employees

Key executives

NameTitlePayExercisedYear born
Mr. Michael James Wedgwood B.Com., BCom, GAICD, M.Sc., MSc (Finance)MD & DirectorN/AN/A1963
Mr. David HawkinsFin. Mang.N/AN/AN/A
Ms. Sarah SampimonOffice Mang.N/AN/AN/A
Ms. Karen A. LangeCompany Sec.N/AN/AN/A
Mr. Andrew Ross AAPI, BBus (Val)Portfolio Mang. of BWP Management LimitedN/AN/AN/A
Amounts are as of , and compensation values are for the last fiscal year ending on that date. Pay includes salary, bonuses, etc. Exercised is the value of options exercised during the fiscal year. Currency in AUD.

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.

Corporate governance

BWP Trust’s ISS governance QualityScore as of N/A is N/A. The pillar scores are Audit: N/A; Board: N/A; Shareholder rights: N/A; Compensation: N/A.

Corporate governance scores courtesy of Institutional Shareholder Services (ISS). Scores indicate decile rank relative to index or region. A decile score of 1 indicates lower governance risk, while 10 indicates higher governance risk.