NEWK PROP Stock

Newmark Property REIT is an Australia-based real estate investment trust. The Company's principal activities include investment in commercial real estate properties that comprise large format retail (LFR) sites in metropolitan, urban center, and regional locations along the eastern seaboard of Australia. The Company comprises of the Newmark Hardware Trust (Hardware Trust) and the Newmark Capital (Chadstone) Property Trust (Chadstone Trust). Its investment objective is to provide investors with exposure to a quality and defensive portfolio that targets sustainable and growing income. It offers investors access to Australian hardware and LFR properties leased mainly to Wesfarmers subsidiary, Bunnings. Its property portfolio consists of 18 properties. Its properties include 64-74 Bell Street, 675 Warrigal Road, Corner Queen Street and Hazel Drive, Corner Melton Highway and 64 High Street, 140-148 Denison Street, 70-98 Dalton Drive, Corner Lindsay, and Goderich Streets.