BWP Trust (ASX: BWP) is a real estate investment trust (REIT) that owns buildings that mostly Bunnings Warehouse operate in. Wesfarmers Ltd (ASX: WES) owns the Bunnings business and also has a large stake in BWP Trust. It has a core portfolio of 66 properties with an average lettable area of 14,031m2, with 82% of those properties located in metro areas.
BWP Trust (ASX:BWP) has reported its FY19 result to investors which includes a special distribution for investors.
The ASX 200 (INDEXASX:XJO)(^AXJO) is expected to open lower today, the USA’s S&P 500 Index (.INX) fell by 2.98% on Monday.
Australia’s share market, or the All Ordinaries Index (INDEXASX:XAO)(ASX:XAO), is currently up 0.31% at lunch.
Is the BWP Trust (ASX:BWP) a buy for income after reporting its interim result to 31 December 2018?
BWP Trust (ASX:BWP) is one of the best in the commercial real estate business.
Australia’s share market, or the All Ordinaries Index (INDEXASX:XAO)(ASX:XAO), is currently down 0.05% at lunch.
BWP Trust (ASX:BWP) will be one to watch today after the property landlord reported its financial results for the year ended 30 June 2018.
Here are the headlines from the S&P/ASX 200 (INDEXASX:XJO)(ASX:XJO) and Australian finance circles on Wednesday morning… reporting season rolls on.
Australia’s share market, or the All Ordinaries (INDEXASX: XAO)(ASX: XAO), has recovered a lot of yesterday’s loss, it’s up 1.39%.
