Folkestone/The Residences Retirement Living
Folkestone has partnered with The Residences Retirement Living on The Residences Castle Cove, an outstanding example of the next generation of retirement living communities which offers quality accommodation and premium facilities and services to an ageing population. Stage 1 of The Residences Castle Cove won the Urban Development Institute of Australia’s Best Seniors Living Development in 2011. The Residences Partnership have extensive experience in the development and management of retirement living communities. The joint venture between the The Residences Partnership and Folkestone meets the objectives of both parties. The Residences gains a partner who is committed to the sector and brings expertise and resources in the form of capital, funds management, development management and retirement village operations. Folkestone secures a partner who is a proven and credible operator in the sector and who has a desire to grow their business.