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Folkestone’s First Seniors Living Fund No.1 Closes Oversubscribed

  • Published September 23, 2016 2:03PM UTC
  • Publisher Wholesale Investor
  • Categories Company Updates

22nd September 2016, Folkestone

Folkestone’s (ASX:FLK) real estate funds management subsidiary, Folkestone Real Estate Management Limited (FREML), announced today that the Folkestone Seniors Living Fund No.1 has closed oversubscribed.

The Fund has raised $25.66 million and acquired its first asset, Watermark Castle Cove, an award winning retirement living community on Sydney’s lower north shore, the first asset for its seniors living platform and the Folkestone Seniors Living Fund No.1.

To view the full announcement, please click on the button below.

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