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Showing 11 - 20 of 33 results for "Folkestone"

Folkestone buys first asset for senior living fund

MARK SMITH  |  THURSDAY, 7 JUL 2016
Folkestone's real estate funds management subsidiary has exchanged contracts for its first acquisition for its seniors living platform and the Folkestone Seniors Living Fund No.1 (FSLF). Folkestone Real Estate Management is acquiring Watermark Castle ...

Folkestone A-REIT fund added to BT Wrap

MARK SMITH  |  MONDAY, 22 FEB 2016
Folkestone Maxim Asset Management has had its A-REIT Securities Fund added to the BT Wrap platform. The addition comes on the heels of the fund being upgraded to 4.25 Stars by SQM Research. It is also available on Macquarie Wrap, Netwealth, Powerwrap ...

Property funds acquire Sydney, Perth property

LAURA MILLAN  |  FRIDAY, 16 OCT 2015
Two investment funds have acquired properties in Sydney and Perth worth over $30 million. Folkestone has entered into a 50/50 joint venture with Sydney property developer Lyon Group Australia to acquire development rights over 59.7 hectares in Sydney's ...

Folkestone builds on strong foundations

MARK SMITH  |  THURSDAY, 27 AUG 2015
Real estate investment manager Folkestone has more than doubled its profit in the 12 months to 30 June. Net profit after tax stood at $7 million, up 122.6% on the same period last year. Earnings per share of 1.1 cents were up 57.1% on FY14 and funds ...

Folkestone develops two Melbourne properties

ALEX BURKE  |  THURSDAY, 14 MAY 2015
Real estate fund manager Folkestone has announced two new developments in Melbourne. The first is a 3.4 hectare former Bunnings site in Altona North, next to its existing Millers Junction development. Folkestone hopes to consolidate these holdings to ...

Folkestone launches Truganina Fund

HARRY PAGE  |  THURSDAY, 11 DEC 2014
Folkestone Funds Management (Folkestone) the Falkestone Truganina Development Fund - the latest in a series of real estate development funds. The Fund, with an expected term of 4.5 years, is seeking to raise $18.25 million to develop a 690 lot residential ...

Folkestone to increase holding in REIT

LAURA MILLAN  |  MONDAY, 24 NOV 2014
Folkestone Limited has announced a $42 million equity raising to increase its holding in the Folkestone Education Trust, Australia's largest real estate investment trust. "Folkestone is well positioned for its next stage of growth and this $42 million ...

Folkestone beefs up distribution

MARK SMITH  |  THURSDAY, 23 OCT 2014
Property fund manager Folkestone Funds Management has appointed a new head of distribution and a business development manager (BDM). New distribution head Michael Baker joins from Property Capital Partners, which provides capital raising, product development ...

Folkestone enters joint venture to build commercial complex

Folkestone has entered into a 50/50 joint venture with Wilmac Properties to develop the second stage of its Millers Junction Project at 330 Millers Road Altona North, Victoria. The joint venture (JV) will develop approximately 60 strata style office/warehouse ...

PROFILE: Folkestone MD Greg Paramor

MARK SMITH  |  WEDNESDAY, 10 SEP 2014
Folkestone MD Greg Paramor Commercial real estate stalwart Greg Paramor has an unbroken track record of business success. In his latest role as managing director of Folkestone, history is repeating itself. The veteran property investor has founded a ...