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Property
13 mins to read
3

Fortland Capital: big risk, big fees, big reward?

The company claims a 38% targeted annual return in its Facebook adverts.

An aerial view of the land Fortland Capital is looking to purchase in Karaka, south of Auckland.

Nicholas Pointon Wed, 14 Jun 2023

Fortland Capital's meeting with NBR had been going relatively smoothly until the topic of its fees came up.

“What kind of question is that?” Fortland’s managing director, Farhad Moinfar, shot down the company’s boardroom table after being asked why Fortland would not try to fund its land

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Nicholas Pointon Wed, 14 Jun 2023
Contact the Writer: nicholas@nbr.co.nz
News tip? Question? Typo? Let us know: editor@nbr.co.nz
© All content copyright NBR. Do not reproduce in any form without permission, even if you have a paid subscription.
Tags
wholesale investors Fortland Capital Farhad Moinfar Citadel Capital Elle Foenander Mark Francis
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Fortland Capital: big risk, big fees, big reward?
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