It promised to make them a fortune in prime German real estate. Yet, on Monday, only a few dozen investors in Brendan Investments Pan European Property (BIPEP) Plc logged in to a virtual annual general meeting of a property firm languishing in liquidation. Fronted by investment advisor and former television presenter Eddie Hobbs, some 800 people had piled into Brendan after a rambunctious roadshow in 2007. In total, it raised €12.7 million from backers to invest in property in Europe, supposedly helping them escape Ireland’s low yields as the Celtic Tiger reached its final period.  The Currency has received from…

Join The Currency

INTRODUCTORY OFFER.

Sign up today: Full annual membership for just €200.

Don’t miss out on what is going on with our daily unique stories from our team of skilled journalists and insightful commentators.

Members of The Currency get full access to over 3,200 exclusive interviews, investigations, and analysis, plus over 220 podcasts.

Annual membership is just €200 for the first year, a saving of €100.

Or try The Currency for the first month for a special introductory rate of €5, a saving of €20.

Cancel at any time.

To become a member today click here.