A large investment group known for acquiring distressed properties in Ireland has faced scrutiny after issuing several invalid eviction notices to tenants, ultimately leading them to the Residential Tenancies Board. This predicament highlights the challenges faced by such funds in the housing market, particularly when returns on investment are not as expected.
The group's approach to managing their acquisitions has raised eyebrows, especially as it involves dealing with tenants who have fallen into significant arrears, some totaling nearly €20,000. This situation illustrates the precarious balance between investment objectives and tenant rights.
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