BlackWall Property Trust is a diversified real estate investment trust (REIT). Its only operating segment being the ownership and leasing of investment properties in Australia. The company has projects in Sydney, Adelaide, Gold Coast, Sunshine Coast, Fortitude Valley and Yandina among other locations.BlackWall Property Trust, formerly P-Reit, is a diversified real estate investment trust (REIT) holding a portfolio of industrial, retail and commercial Australian properties, and unlisted property securities.