Cyprus Cuckoo Fund Seeks to Sell 120 Homes Due to 'Poor Return' on Investment

Cyprus Cuckoo Fund Seeks to Sell 120 Homes Due to 'Poor Return' on Investment

Some tenants had payment arrears of almost €20,000

Koekoeksfonds tries to sell 120 houses despite 'poor returns'

A fund that bought hundreds of distressed Irish properties is trying to sell dozens of them because they 'did not deliver good returns'.

However, the investment group served a number of invalid eviction notices on tenants and was eventually taken to the Residential Tenancies Board (RTB).