Reported Earnings • Aug 19
Full year 2026 earnings released Full year 2026 results: Revenue: AU$209.3m (up 3.0% from FY 2025). Funds from operations (FFO): AU$140.9m (up 4.5% from FY 2025). FFO margin: 67% (up from 66% in FY 2025). Revenue is forecast to grow 3.7% p.a. on average during the next 3 years, compared to a 1.5% decline forecast for the Retail REITs industry in Europe. Declared Dividend • Jun 25
First half dividend of AU$0.098 announced Shareholders will receive a dividend of AU$0.098. Ex-date: 29th June 2026 Payment date: 27th August 2026 Dividend yield will be 6.4%, which is higher than the industry average of 5.6%. Aankondiging • Jun 23
BWP Trust Announces Preliminary Distribution Estimate for the Six Month Period Ended 30 June 2026, Payable on 27 August 2026 The Boards of BWP Management Limited, as responsible entity for the BWP Trust, and BWP Property Group Ltd. announced the following preliminary distribution estimate of 9.83 cents per stapled security for the six month period ended 30 June 2026. The estimated allocation of the distribution between the stapled entities is as follows: 9.83 cents per security distribution from BWP Trust (4.0% above the prior corresponding period); and No dividend is expected from BWP Property Group Ltd. Ex-distribution date is 29 June 2026. Record date is 30 June 2026. BWP Board distribution confirmation is 19 August 2026. Distribution entitlement payment (expected) is 27 August 2026. Aankondiging • May 08
BWP Trust has filed a Follow-on Equity Offering in the amount of AUD 227.686843 million. BWP Trust has filed a Follow-on Equity Offering in the amount of AUD 227.686843 million.
Security Name: Ordinary Shares
Security Type: Common Stock
Securities Offered: 28,033,645
Price\Range: AUD 3.77
Discount Per Security: AUD 0.065975
Security Name: Ordinary Shares
Security Type: Common Stock
Securities Offered: 32,360,743
Price\Range: AUD 3.77
Discount Per Security: AUD 0.065975
Transaction Features: Rights Offering Aankondiging • Dec 17
An undisclosed buyer acquired ex-Bunnings Morley property in Australia from BWP Trust (ASX:BWP) for AUD 19.5 million. An undisclosed buyer acquired ex-Bunnings Morley property in Australia from BWP Trust (ASX:BWP) for AUD 19.5 million on December 1, 2025. A cash consideration of AUD 19.5 million will be paid by the buyer. As part of consideration, AUD 19.5 million is paid towards assets of ex-Bunnings Morley property in Australia.
An undisclosed buyer completed the acquisition of ex-Bunnings Morley property in Australia from BWP Trust (ASX:BWP) on December 1, 2025. Aankondiging • Dec 05
BWP Trust Announces Preliminary Distribution Estimate for the Six Months Ending December 31, 2025, Payable on February 27, 2026 BWP Management Limited, as responsible entity for the BWP Trust announced the following preliminary distribution estimate per security of 9.58 cents per stapled security for the six month period to 31 December 2025. The estimated allocation of the distribution between the stapled entities is as follows: 9.58 cents per security distribution from BWP Trust (4.1% above the prior corresponding period). The relevant distribution dates include: Ex-distribution date: 30 December 2025. Record date: 31 December 2025. Distribution entitlement payment (expected): 27 February 2026. It is expected that there will be no conduit foreign income included in the distribution. Aankondiging • Jun 25
Bwp Trust Declares Ordinary Dividend for Six Months Ending June 30, 2025; Payable on August, 27, 2025 BWP Trust declared ordinary dividend of AUD 0.09450000 for a period of six months ending June 30, 2025. Payable on August, 27, 2025; Record Date: June 30, 2025; Ex-date: June 27, 2025. Reported Earnings • Aug 14
Full year 2024 earnings released: EPS: AU$0.27 (vs AU$0.057 in FY 2023) Full year 2024 results: EPS: AU$0.27 (up from AU$0.057 in FY 2023). Revenue: AU$174.5m (up 10% from FY 2023). Net income: AU$180.2m (up 391% from FY 2023). Revenue is forecast to grow 6.1% p.a. on average during the next 3 years, compared to a 3.3% decline forecast for the Retail REITs industry in Europe. Over the last 3 years on average, earnings per share has fallen by 59% per year but the company’s share price has only fallen by 6% per year, which means it has not declined as severely as earnings. Declared Dividend • Jun 24
First half dividend of AU$0.093 announced Shareholders will receive a dividend of AU$0.093. Ex-date: 27th June 2024 Payment date: 28th August 2024 Dividend yield will be 6.7%, which is higher than the industry average of 5.6%. Buy Or Sell Opportunity • Apr 26
Now 21% undervalued Over the last 90 days, the stock has risen 3.3% to €2.07. The fair value is estimated to be €2.61, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has been flat over the last 3 years. Meanwhile, the company became loss making. Buy Or Sell Opportunity • Apr 03
Now 23% undervalued after recent price drop Over the last 90 days, the stock has fallen 3.5% to €2.01. The fair value is estimated to be €2.61, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has been flat over the last 3 years. Meanwhile, the company became loss making. New Risk • Mar 31
New minor risk - Shareholder dilution The company's shareholders have been diluted in the past year. Increase in shares outstanding: 7.2% This is considered a minor risk. Shareholder dilution occurs when there is an increase in the number of shares on issue that is not proportionally distributed between all shareholders. Often due to the company raising equity capital or some options being converted into stock. All else being equal, if there are more shares outstanding then each existing share will be entitled to a lower proportion of the company's total earnings, thus reducing earnings per share (EPS). While dilution might not always result in lower EPS (like if the company is using the capital to fund an EPS accretive acquisition) in a lot cases it does, along with lower dividends per share and less voting power at shareholder meetings. This is currently the only risk that has been identified for the company. Reported Earnings • Feb 11
First half 2024 earnings released: EPS: AU$0.083 (vs AU$0.17 in 1H 2023) First half 2024 results: EPS: AU$0.083 (down from AU$0.17 in 1H 2023). Revenue: AU$82.3m (up 4.7% from 1H 2023). Net income: AU$53.2m (down 52% from 1H 2023). Profit margin: 65% (down from 142% in 1H 2023). Revenue is forecast to grow 7.6% p.a. on average during the next 3 years, compared to a 2.1% decline forecast for the Retail REITs industry in Europe. Upcoming Dividend • Dec 21
Upcoming dividend of AU$0.09 per share at 5.1% yield Eligible shareholders must have bought the stock before 28 December 2023. Payment date: 28 February 2024. Trailing yield: 5.1%. Within top quartile of German dividend payers (5.1%). Lower than average of industry peers (6.1%). Aankondiging • Dec 13
BWP Trust Announces December 2023 Distribution Estimate, Payable on 28 February 2024 BWP Trust announced the estimated distribution, based on unaudited accounts, is 9.02 cents per unit (including approximately 0.12 cents of capital profits). It is expected that there will be no conduit foreign income included in the distribution. Ex-distribution date is 28 December 2023, Record date is 29 December 2023, and Distribution entitlement payment (expected) is 28 February 2024. Reported Earnings • Aug 03
Full year 2023 earnings released: EPS: AU$0.057 (vs AU$0.76 in FY 2022) Full year 2023 results: EPS: AU$0.057 (down from AU$0.76 in FY 2022). Revenue: AU$158.2m (up 3.2% from FY 2022). Net income: AU$36.7m (down 93% from FY 2022). Profit margin: 23% (down from 318% in FY 2022). Revenue is forecast to grow 3.9% p.a. on average during the next 3 years, compared to a 3.9% decline forecast for the Retail REITs industry in Europe. Aankondiging • Aug 01
BWP Trust Announces Management Changes The Board of BWP Management Limited, the responsible entity for BWP Trust announced that Mark Scatena will succeed Michael Wedgwood as its Managing Director. The appointment of Mr. Scatena follows the announcement on 27 June 2023 in relation to BWP's current Managing Director, Michael Wedgwood's intention to retire in the second half of calendar year 2023. This will allow time for an effective handover process with Mr. Wedgwood. It is planned that Mr. Scatena will take up his appointment as Managing Director towards the end of September this year. Mr. Scatena joined the Wesfarmers Group in 2001 and has held senior roles across WesCEF, Target, Coles and Wesfarmers. Most recently he was General Manager of CSBP Fertilisers and has previously held leadership positions at Target, including as Chief Financial Officer; at Wesfarmers as General Manager Investor Relations and Planning; and at Coles where he was General Manager Finance, supporting the store development, store operations and property functions. Mr. Scatena brings strong financial and commercial acumen, together with extensive knowledge of retail property operations and capital markets. Aankondiging • Jun 22
BWP Trust Announces Distribution Estimates for the Six Month Period to 30 June 2023, Payment Is Expected to Be Made on 25 August 2023 BWP Trust announced the following preliminary distribution estimate and other relevant distribution details for the six month period to 30 June 2023. The ex-distribution date is 29 June 2023, The record date is 30 June 2023,In accordance with the Trust's constitution all distributable profit will be distributed. The estimated distribution, based on current forecasts, is 9.27 cents per unit (including approximately 0.60 cents of capital profits). It is expected that there will be no conduit foreign income included in the distribution. The actual distribution will be considered at a meeting of the BWP Management Limited Board of directors scheduled for 2 August 2023 and payment of the distribution entitlement is expected to be made on 25 August 2023. Reported Earnings • Feb 08
First half 2023 earnings released: EPS: AU$0.17 (vs AU$0.54 in 1H 2022) First half 2023 results: EPS: AU$0.17 (down from AU$0.54 in 1H 2022). Revenue: AU$78.6m (up 3.6% from 1H 2022). Net income: AU$111.3m (down 68% from 1H 2022). Revenue is forecast to grow 3.3% p.a. on average during the next 3 years, compared to a 4.2% growth forecast for the REITs industry in Europe. Aankondiging • Feb 08
BWP Trust Declares Distribution for the Half-Year Ended 31 December 2022, Payable on 24 February 2023 The Board of BWP Management Limited, the responsible entity of BWP Trust ("the Trust") declared Distribution of 9.02 cents per unit for the half-year ended 31 December 2022. Ex-distribution date: 29 December 2022. Record date: 30 December 2022. Date payable: 24 February 2023. Upcoming Dividend • Dec 22
Upcoming dividend of AU$0.09 per share Eligible shareholders must have bought the stock before 29 December 2022. Payment date: 24 February 2023. Trailing yield: 4.5%. Lower than top quartile of German dividend payers (5.1%). Lower than average of industry peers (5.7%). 
