'Frustration' for Irish investors who put €107m into Dolphin Trust property firm

The corporate headquarters of German Property Group, formerly called Dolphin Trust, in Langenhagen, Germany. File picture: Alexander Koerner/Getty Images
A meeting of brokers, who are are members of business group Brokers Ireland, heard this week of the "frustration" and uncertainty facing Irish investors who invested €107m in loan notes which are now tied up in the collapsed German Property Group.
Some of the brokers at the meeting had helped sell the property products to 1,800 Irish clients through unregulated loan notes which were then invested in developing residential German properties.