Hobbs’ investment vehicle is back in the black
Accounts just filed with the Companies Office, show that the Cork-based Brendan Investment Pan European Property plc recorded a pre-tax profit of €60,562 in the 11 months to Dec 31, 2011.
This followed the firm recording a €3.32m pre-tax loss in the 12 months to the end of Jan 31, 2011, after a pre-tax loss of €262,883 in 2010.