Westpac Office Trust (WOT)

Shares / Stock Code

WOT

Stock Exchange / Sharemarket

ax

Westpac Office Trust (WOT) makes investments in a portfolio of major commercial properties located in Australia and New Zealand that are leased to high quality tenants with long term structured leases. The portfolio has an average unexpired lease term of over 10.2 years with 100% of the portfolio leased. During the fiscal year ended June 30, 2008, the Trust completed the acquisition of four properties. The Trust listed on the Australian Stock Exchange (ASX) on 7th August, 2003. Westpac Office Trust is managed by Westpac Funds Management Limited (WFML), which is the responsible entity of the Trust. WOT provides investors seeking for a medium to long term investment with an opportunity to gain access to a portfolio of high quality commercial properties, regular income and potential for future capital growth. The Trust’s assets portfolio is valued at more than $1.3 billion and it comprises Westpac Place, Sydney, New South Wales, Woolworths National Support Office, University of NSW, Kensington, New South Wales, Southgate Corporate Park, Brisbane, Queensland, Bedford Park, Adelaide, South Australia, IBM Cumberland Forest, West Pennant Hills, New South Wales, Westpac Data Centre, North Ryde, and New South Wales. Westpac Office Trust seeks growth by expanding its property portfolio through acquisitions.

Westpac Office Trust History

Westpac Office Trust was created in August 2003 as a sole property trust with a focus on acquiring an office site in Kent Street, Sydney upon which Westpac Place was built. In 2005, the Trust extended its mandate to become a multiple property trust. The trust has acquired a portfolio of a number of prime commercial properties that are leased to high quality tenants in NSW, SA and Queensland.