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Fortland Capital land fund in doubt after it pulls court appeal

The company has gone to ground amid reports it’s been wound down.

An aerial view of the land at 132 Linwood Road, Karaka that Fortland was looking to purchase.

Fortland Capital is no longer appealing the Environment Court’s decision to refuse a resource consent for a property it wanted to purchase, raising doubts about the future of its wholesale land fund.

The Environment Court dismissed an appeal from a related party of the wholesale land syndicator,

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Nicholas Pointon Mon, 25 Mar 2024
Contact the Writer: nicholas@nbr.co.nz
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Fortland Capital land fund in doubt after it pulls court appeal
Property,
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