** Shares of Australian conglomerate Wesfarmers WES.AX fall as much as 2.1% to A$71.5, its lowest level since January 20
** Stock down 2.7%, as of 0005 GMT, and is on track to record its third straight week of losses, if trend holds
** WES announces it will wind up BPI No 1 (BPI) property structure in September 2025
** BPI was established by Wesfarmers in 2013, as a special purpose vehicle to facilitate the sale and leaseback of 15 Bunnings warehouse properties
** Co sees to take a one-off pre-tax profit hit, associated with the transaction, of between A$80 million ($50.63 million) and A$130 million in FY25
** Stock has fallen 1.2% this year so far
($1 = 1.5800 Australian dollars)
(Reporting by Roshan Thomas in Bengaluru)
((Roshan.Thomas@thomsonreuters.com))
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