FLK folkestone limited
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June 2 (Reuters) - Folkestone Ltd (FLK) : Folkestone enters...

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    02/06/17
    10:10
    Post #: 25058016

    June 2 (Reuters) - Folkestone Ltd (FLK) :

    • Folkestone enters agreement to acquire land from bwp trust,BWP
    • Entered into agreements with BWP Trust to acquire 1.0 hectare of land
    • Deal for circa $70 million
    • Also entered into its fourth joint venture with Wwilmac properties to expand its exposure to enterprise park developments
    • Cco and Wilmac to develop a further 2.2 hectares of folkestone's land at Altona North into 76 office/warehouse mews with end value of circa $28 million
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