Bunnings Trust Kicks off Wagga Wagga Relocation

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BWP Trust Enjoys Cap Rate Compression but Earnings marginally lower

The BWP Trust announced the results of the Trust for the six months to 31 December 2021 showing a $204m gain in Net Profit for the period to $348.3 million. The gain includes $291.8 million of unrealised gains in the fair value of investment properties and offset by a drop in earnings.