BWP Trust: Interim Result 2016

Due to the high price of new warehouses, management is struggling to add to the Trust’s portfolio

During the BWP Trust first half earnings call, at times it felt we were listening to a value-focused fund manager complaining about the difficulty in finding cheap stocks. BWP’s MD Michael Wedgewood repeatedly mentioned how hard it is currently to find attractively priced properties to add to the trust’s portfolio.


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