BWP Trust (ASX: BWP) briefs stakeholders and mentions that the commercial property sector and listed real estate investment entities have been attracting significant investment capital in search of yield amid a slowdown in domestic GDP.
Michael Wedgwood- the Managing Director, mentioned-
- The existing portfolio of the company generates a high return on invested capital and finding a property that generates a yield commensurate with the underlying asset risk is particularly challenging in this sustained strong commercial property market.
- BWP has a diverse and well-located property portfolio which is generally robust regardless of the external economic environment.
- The company owns 75 properties, 67 of which are considered as core, and 8 of which are being transitioned from being Bunnings-leased properties to other purposes.
- The core properties are generally at Bunnings’ current standard, or they are in good locations and difficult to replace, or they have been re-purposed with new long term leases in place.
There is no investor left unperturbed with the ongoing trade conflicts between US-China and the devastating bushfire in Australia.
Are you wondering if the year 2020 might not have taken the right start? Dividend stocks could be the answer to that question.
As interest rates in Australia are already at record low levels, find out which dividend stocks are viewed as the most attractive investment opportunity in the current scenario in our report.