BWP Group Stappled Unit (BWP Trust & BWP Property Group Shares)

BWP: XASX (AUS)
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Morningstar Rating for Stocks Fair Value Economic Moat Capital Allocation
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BWP Earnings: Solid Growth, Stock Looks Cheap

BWP Trust's first-half fiscal 2025 net profit increased 15% to AUD 66 million on the Newmark acquisition and 3.3% like-for-like rental growth. Earnings per unit increased a more leisurely 3% to AUD 9.2 cents, held back by equity dilution related to the acquisition.

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