Row brewing over failed German investment fund
The scheme, which had a limit of €100,000 per investor, ultimately failed to produce any return
‘Disheartened’ investors in a Celtic Tiger-era property scheme promoted by Merrion stockbrokers have written to the firm looking to be reimbursed for their original stakes.
The source of their grievance, according to correspondence, is a 2006 investment in a German postal distribution centre which had Deutsche Post as a tenant.
The scheme, which had a limit of €100,000 per investor, ultimately failed to produce any return.
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