Folkestone/Watermark Retirement Living
Folkestone has partnered with Watermark Retirement Living on Watermark 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 Watermark Castle Cove won the Urban Development Institute of Australia’s Best Seniors Living Development in 2011. Watermark Partnership have extensive experience in the development and management of retirement living communities. The joint venture between the Watermark Partnership and Folkestone meets the objectives of both parties. Watermark 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.