Folkestone’s strategy for Direct Investments will be to focus on assets and projects which have the potential for capital growth over a two to three year investment horizon in the value-add and opportunistic space.
Folkestone will aim to achieve attractive risk-adjusted returns through a disciplined and selective investment screening process that seeks to identify opportunities, conducting thorough due diligence, determining a clear strategy for each asset with a view to adding value during the holding period and exiting the investment at an appropriate time.
Folkestone possesses a broad investment mandate that provides it with the flexibility to take advantage of investment opportunities across investment types, capital structures and sectors as follows:
investment types: such as direct investment, joint venture investments and co-investing in Folkestone managed funds;
capital structures: ordinary equity, preferred equity and mezzanine debt; and
sectors: office, retail, industrial, residential and social infrastructure.
Folkestone now has a development portfolio of four projects, two situated in Victoria, one in Western Australia and one in New South Wales.