Type Public (ASX: FKP) Website www.fkp.com.au Founded 1952 | Services Property development Headquarters Sydney, Australia | |
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Industry Property, Retirement, Investment Key people Seng Huang Lee (Chairman)
Peter Brown (Managing Director) Profit A$108.6 million AUD(2010) CEO Geoffrey Earl Grady (Jul 2013–) Subsidiaries Forest Place Group Ltd., Formica Pty Ltd. | ||
FKP is an Australian property and investment group, with a focus on retirement village ownership and management, property investment and asset management, property development and construction.
FKP was formed from Peter Kurts Properties and Forrester Parker Group. Peter Kurts Properties became a publicly listed company in 1970. Forrester Parker Group Ltd had its origins in a venture formed in 1979 between Rodney Forrester and Philip Parker. It was incorporated in 1987 and listed on the Australian Stock Exchange in 1993. FKP has grown over the thirty years since it was established to be included in the ASX top 200.
The retirement business, as the largest division of FKP, owns or operates eighty nine villages across Australia, under the Aveo Retirement Living brand.
Major development projects being undertaken by FKP include the Gasworks development at Newstead in Brisbane, Peregian Springs on the Sunshine Coast, and the Norwest Business Park in north western Sydney, which is a joint venture between FKP and Mulpha Australia. The newest major development is another joint venture at Port Bouvard, in Western Australia.