BWP Trust's property located at 292 Brisbane Road, Arundel, Queensland. (Photo: BWP Trust)

US-based investment advisor, The Vanguard Group, has seen its stake in BWP Trust increase by 6.4 million units over the last 22 months.

BWP Trust is a warehouse-focused REIT with a portfolio of 75 properties across Australia.

A large majority of the REIT’s properties are leased to hardware chain, Bunnings Warehouse.

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By Shariffa Al-Habshee

Shariffa joined REITsWeek in 2017, and monitors Asia-Pacific REITs for the publication.