Waypoint REIT Limited

Waypoint REIT Limited is a specialty real estate investment trust (REIT) focused on owning and managing fuel and convenience retail properties throughout Australia. The trust holds a diversified portfolio valued at approximately AUD 3 billion, with assets spanning all Australian states and mainland territories. Notably, around 80% of its properties are situated in capital cities and major urban areas, providing exposure to prime metropolitan markets, while the remainder are distributed across highways and regional towns. Waypoint REIT’s strategy centers on maximizing long-term income and capital returns for its security holders by leasing its assets predominantly to established operators. Viva Energy, an ASX-listed company, accounts for about 95% of rental income, and a substantial portion of leases are structured as triple net—meaning tenants are responsible for all property-related expenses. This arrangement enhances cash flow stability and reduces operational risk for the trust. Waypoint REIT plays a critical role in Australia’s commercial property sector, providing essential infrastructure for fuel and convenience retailing, and stands as the country’s largest listed REIT dedicated solely to these asset types.