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BWP Trust Announces Director’s Interest Change Amid Management Internalisation

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BWP Trust Announces Director’s Interest Change Amid Management Internalisation

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BWP Trust ( (AU:BWP) ) has shared an update.

BWP Trust has announced a change in the director’s interest, specifically involving Tony Howarth. The change reflects the acquisition of 50,000 fully paid ordinary shares in BWP Property Group Ltd, which were distributed in-specie as part of the internalisation of the management functions of the BWP Trust. This move is part of a broader strategy to streamline management operations and potentially enhance shareholder value.

The most recent analyst rating on (AU:BWP) stock is a Hold with a A$4.00 price target. To see the full list of analyst forecasts on BWP Trust stock, see the AU:BWP Stock Forecast page.

More about BWP Trust

BWP Trust is part of the BWP Group, which includes BWP Property Group Ltd and BWP Management Limited. The company operates in the real estate investment trust (REIT) industry, focusing on property management and investment. BWP Trust is known for its management of commercial properties, with a particular emphasis on retail spaces.

Average Trading Volume: 1,164,566

Technical Sentiment Signal: Strong Buy

Current Market Cap: A$2.55B

Learn more about BWP stock on TipRanks’ Stock Analysis page.

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