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Confessions of a property guru: Making millions and losing some
15 minutes to read
Jane Phare is a senior business reporter for the New Zealand Heraldjane.phare@nzme.co.nz
Property syndication guru Mark Francis talks to Jane Phare about building up Augusta to prepare for takeover, his network of friendships and how Covid-19 knocked millions off his wealth. Posing for photos outside his grand office entrance, there s a moment when Mark Francis looks almost mournful.
Guarding the office suite are two massive bronze doors, the handles forming a stylish A for Augusta. Named after the course which hosts the US Masters golf tournament, Augusta has been Francis baby for 20 years. Now, after last year s buyout by ASX-listed Centuria Capital in a deal worth around $169m, it will disappear.