Bunnings Warehouse Property Trust (the Trust) is engaged in property investment.
The Company invests in geographically diversified properties with long-term leases to substantial tenants, in the bulky goods retail sector.
The Trust comprises warehouse retailing properties, particularly Bunnings Warehouse properties tenanted by Bunnings Group Limited, a wholly owned subsidiary of Wesfarmers Limited.
As of June 30, 2010, the Trust owned 60 investment properties, all within Australia. The portfolio comprises 53 established Bunnings Warehouses, one development site, on which a Bunnings Warehouse is to be developed, one Bunnings distribution centre, four office warehouse industrial properties and one bulky goods showrooms complex.
Bunnings Property Management Limited is the investment manager of the Company.