Lest we forget…
Brendan Investments Pan European Property Plc was the name of the company which Eddie Hobbs was associated with, which promised to give you ‘the opportunity to invest in both commercial and development properties in Europe.’
That last sentence makes sense once you watch the video.
Eddie spends a large part of the clip telling people that they’d be “nuttz” to invest in property if they are new to the game.
However, “now here’s the good news” (3.31 on the clip), “You can still invest in property through a whole plethora of property funds that have become available in recent years.”
This is from Brendan Investments’ website:
In 2007, Brendan Investments opened up the property investment experience to a wider range of potential property investors with a first offer for subscription. With a minimum subscription level of €5,000, no entry fees and no promoter charges for the purchase or sale of each property, Brendan Investments offered a unique opportunity to invest in both commercial and development properties in Europe.
By incorporating both development projects and commercial property investments, Brendan Investments uniquely provides investors with the prospect of higher returns than those achieved by investing in commercial property only….
Prospective investors should note that Brendan Investments Pan European Property plc (trading as Brendan Investments) is not regulated by the Financial Regulator or the Irish Stock Exchange.
So, in 2007 he was backing a property investment stocks and shares company, the year previously he was getting free time on RTE to plug ‘the good news’ about stock market property investment companies, but then the aul’ you know, stocks and shares and property market collapsed.
Now he’s looking after our consumer interests.
Well bully for him.
My favourite line from this clip? “I just supply and inform people.”