The Vanguard Group increases stake in BWP Trust by 6.4 million units

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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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