Oireachtas Joint and Select Committees
Wednesday, 22 October 2014
Joint Oireachtas Committee on Finance, Public Expenditure and Reform
Operations and Functions: National Asset Management Agency
5:40 pm
Michael McGrath (Cork South Central, Fianna Fail) | Oireachtas source
My second question relates to when NAMA is selling a portfolio of residential properties, as it did recently in the case of apartment blocks. NAMA says that, strictly speaking, an individual purchaser or a normal Joe Soap could buy an apartment, but in reality apartments are sold en bloc, typically to a fund. Would NAMA be willing to consider selling properties on an individual basis or is it just too much hassle?
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