Irish investors in failed German fund told of problems in getting hold of assets Germany Property Group collapsed last year after raising €107m from Irish investors Sat, Feb 13, 2021, 06:48
More than 1,800 Irish investors caught up in the collapse of a German property group last year are being told of the difficulties they face in any attempt to get hold of assets on which they have a claim, and which have an uncertain value. The Germany Property Group (GPG), formerly known as Dolphin Trust, collapsed last year after taking more than €1 billion from investors in the Republic, the UK, Asia and elsewhere since it was set up by businessman Charles Smethurst in 2008.