BGP – The Company And Its Mission

BGP Holdings PLC is a Maltese holding company holding the legacy structure and sale proceeds of the BGP Investment real estate portfolio. From its beginnings in 2005 as a joint venture between Australian companies Babcock & Brown and the GPT Group. BGP was restructured in 2009 as an independent company with over 58,000 shareholders. It has recently completed the sale of its core assets and is in the process of repatriating funds to its shareholders.


  • BGP Holdings - Final Distribution Update

    At the end of November 2018 BGP Holdings received the final escrow monies from the 2016 sale. Our current estimate is that we will able to distribute around A$ 40 million. There are approximately 9.7 billion shares outstanding, hence A$ 0.004 per share. We have however been served a Notice of Dispute under the 2016 sale agreement by the Purchasers. We reject the (as yet unquantified) claim, but are restricted from distributing until the matter is cleared. We are presently in a dialogue with our counterparts to resolve the matter.

  • BGP Holdings Pays Second Distribution

    On October 30, 2017 BGP Holdings PLC paid a second distribution of A$ 0.02060274 per share. This distribution was a capital reduction, as approved at the Extraordinary General meeting on July 3, 2017. We expect this to be the last material distribution. There may be a fraction of a cent at the liquidation of the Company in 18 months or so, depending on the release of €20 million held in escrow accounts relating to the 2016 sale of BGP Investment and warranty insurance, but it is too early to assess this likelihood. Investors will be kept informed of developments as they occur.

  • BGP Holdings - Extraordinary General Meeting - capital reduction approved

    At the Company's Extraordinary General meeting on July 3, 2017 in Malta all resolutions were approved. Hence a capital reduction of EUR 136 million has been authorised which will be paid as a distribution around mid-October following the statutory three month creditors' objection period. This will amount to AUD 0.0207 per share.

  • BGP Holdings - Next Distribution

    Following the first interim dividend of AUD 0.05860935 per share paid on February 7, 2017 a second distribution, around AUD 0.02 per share, is expected in Q3, when the formalities of a capital reduction are completed. After this the companies will be liquidated, a process which will take around two years due to residual obligations under the sale contracts. There should be no material returns from the final liquidation process.

  • BGP Holdings - dividend announcement

    Further to the company’s announcements in December 2016 an interim dividend of AUD $0.05860935 per share will be paid be paid on February 7. Advice to this effect has been sent to you or your custodian.

    If you have any problems accessing your statements, please contact the Share registry on 1800 115 044 (within Australia) or + 61 1800 115 044 (outside Australia) or email

  • Floor Caving In on Europe Real Estate Stocks Bashed by Rates.

    by Aleksandra Gjorgievska and Blaise Robinson - 20 january 2017

    European property stocks, already the worst performers this year, are flirting with a key technical level that, if breached, could signal more declines.

    Battered by rising bond yields and Brexit uncertainty, the Stoxx 600 Real Estate Index has slumped to its lowest level since 2014 relative to its parent gauge. Now, it’s on the verge of falling below a technical threshold that has acted as a support since 2009, which would be a bearish signal.

    read more