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BUNNINGS WAREHOUSE PROPERTY TRUST
The Bunnings Warehouse Property Trust was established in 1998 with a focus on warehouse retailing properties and, in particular, Bunnings Warehouses leased to Bunnings Pty Ltd (now Bunnings Group Limited), a wholly-owned subsidiary of Wesfarmers Limited. The Trust’s portfolio consists of 60 properties as at June 2009 (53 established Bunnings Warehouses, 1 Bunnings distribution centre, 1 development site for a Bunnings Warehouse, 4 office/warehouse industrial properties, and a bulky goods showroom complex) with a total fair value of approximately $956.0 million.
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