Stories
A low-key fund managed by Goodbody is suing Mike Ashley’s Irish operation over rents. However, new documents prepared by the fund detail its assets, its performance and its write-downs.
Last year, the Dublin office of Cushman & Wakefield, the global property adviser, valued the assets of Chandos Investments, a low-key but highly active property fund run by Goodbody. The company had been established by Goodbody in 2014 as an open-ended investment company and consists of two sub-funds. The company’s constitution says it was established to invest in property in Europe, but its activities have largely been confined to secondary shopping centres and retail parks in Ireland. For example, it owns the Bloomfields Shopping Centre in Dun Laoghaire, retail parks in Dundalk, Co Louth and Blackrock, Co Cork, as well…
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