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BWP Trust (ASX:BWP) Accounts Payable & Accrued Expense for Financial Companies


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What is BWP Trust Accounts Payable & Accrued Expense for Financial Companies?

Accounts Payable & Accrued Expense for Financial Companies only applies to insurance companies.


BWP Trust (ASX:BWP) Business Description

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GURUFOCUS.COM » STOCK LIST » Real Estate » REITs » BWP Trust (ASX:BWP) » Definitions » Accounts Payable & Accrued Expense for Financial Companies
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Address
123 St Georges Terrace, Level 14, Brookfield Place Tower 2, Perth, WA, AUS, 6000
BWP Trust is an Australian REIT focused on owing warehouse/bulky goods retailing properties with relatively large sites and high visibility and access to arterial roads. The portfolio of properties it owns are diversified across most Australian states and are on long-term leases to Australia's dominant home improvement chain: Bunnings Group. Bunnings is a wholly owned subsidiary of Wesfarmers. Wesfarmers is a wide-moat, top 10 ASX-listed company by market capitalisation. BWP Trust is also externally managed by a wholly owned subsidiary of Wesfarmers and Wesfarmers also owns 24% of the units in the trust.