Meta Pixel

News and Announcements

Folkestone Successfully Completes Second Unlisted Fund Capital Raising

  • Published July 02, 2013 11:24AM UTC
  • Publisher Wholesale Investor
  • Categories Company Updates

ASX ANNOUNCEMENT

Folkestone Funds Management (Folkestone) is pleased to announce that the Folkestone Real Estate Income Fund at Wollongong (Fund) closed for applications approximately 50 per cent oversubscribed.

Folkestone’s Managing Director, Mr Greg Paramor said, “the success of the capital raising demonstrates that investors continue to seek investments with strong income returns and quality covenants.  The Fund’s forecast FY14 distribution yield of 10.5 per cent with the majority of the Asset’s income being derived from Commonwealth and State Government tenants offers investors, particularly self-managed superannuation funds, with an attractive risk-adjusted return.”

To read full ASX announcement, please download the document below.  

Company Updates
Built on discipline, not complexity: inside an ASX equities income strategy

Haydn Froggatt and Zac Brabin have decades of derivatives experience between them and access to almost any strategy in the market. They use two of the simplest structures available, and wrote 202 positions with them last year. Published by Fairway Capital Management. Based on an interview with co-founders Haydn Froggatt and Zac Brabin. Two traders, […]

Capital Insights
Where’s the beef? Blackstone just answered the AI question.

In 1984, a fast food ad asked a question that became a catchphrase. Where’s the beef? Jon Gray, President of Blackstone, used that line this month in front of global LPs. It is the question every capital allocator is asking about AI. Trillions of dollars are going into chips, data centres and power. That is […]

Join over 45,000+ sophisticated investors

Join Now