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INVESTMENTAPPROACH
Strategies
Investment Criteria
Objectives
>> Full occupancy and strong customer
financial covenants
>> Commercial approach to rent reviews,
outgoings and stay-in-business capital
expenditure
>> Re-investment in existing stores to
support the evolving requirements of
major customers
>> Pursuit of longer term property value
enhancement opportunities
>> Divestment of non-core assets, where
value has been optimised
PRO-ACTIVE MANAGEMENT
OF EXISTING ASSETS
>> Source quality Bunnings Warehouses
from Bunnings or third parties
>> Acquisition of prime large format retailing
properties anchored with a Bunnings
Warehouse
>> Network rollout support for emerging
long weighted average lease expiry
(“WALE”) property concepts with similar
risk/return characteristics
PORTFOLIO GROWTH
>> Significant catchment area
>> Visible and accessible from a major road,
highway or freeway
>> Ready vehicle access and ample on-site
parking
>> Long term occupancy potential
>> Leases to businesses with strong
financial and value creation attributes
>> Geographic diversity
>> Active capital management
>> Disciplined investment approach
>> Sustainability endeavours that have
impact
>> Effective stakeholder engagement
EFFECTIVE MANAGEMENT
OF THE TRUST AND ITS CAPITAL
PREFERRED PROPERTY
ATTRIBUTES
BWPTrust aims to provide unitholders with a secure and growing income stream and
long-term capital growth, through strong alignment with, and by supporting the ongoing
property needs of its customers.
To achieve this core purpose the responsible entity invests on behalf of the Trust according to the following
strategies, objectives and investment criteria:
Overview
BWP Trust Annual Report 2016
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