Oireachtas Joint and Select Committees

Thursday, 26 September 2013

Public Accounts Committee

Annual Report and Financial Statements 2012: Discussion with National Asset Management Agency

10:40 am

Mr. Brendan McDonagh:

Yes. The market is what it is. We have looked at the activity to date and where the market is. On a blended basis between the Irish market being down 25% from the time we bought them and some very big successes in the overseas markets, particularly in London, we are ahead by approximately 11%.

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