Wesfarmers has a 50 per cent interest in Gresham Partners Group Limited, the holding company for the Gresham Partners investment house operations. Gresham is a leading independent financial services business focussed primarily on the provision of financial advisory services, structured finance and property and private equity funds management.
Gresham Private Equity
Wesfarmers is a participant in the Gresham Private Equity wholesale investment funds with underlying investments in mining services, logistics and other specialist sectors.
The current portfolio comprises Barminco, Silk Logistics Group and Tasmanian Walking Company.
Wesfarmers has a 50 per cent interest in Wespine Industries, which operates a plantation softwood sawmill in Dardanup in Western Australia. The mill's main product is machine-graded pine used in roof frames and other building construction.
Wesfarmers has an interest in approximately 23 per cent of the BWP Trust, a top 200 ASX listed property trust which owns predominantly warehouse retailing properties and, in particular, Bunnings Warehouses leased to Bunnings Group Limited. The Trust's current portfolio consists of a total of 70 properties across Australia.