Oireachtas Joint and Select Committees
Thursday, 1 October 2015
Public Accounts Committee
National Asset Management Agency: Financial Statements 2014 (Resumed)
10:00 am
Mr. Frank Daly:
There is a general understanding of the make-up of NAMA's portfolio which has been published from the very beginning - how much of it is residential; how much of it is land and development; how much of it is in Belfast; how much of it is the rest of Northern Ireland, in Derry or wherever. That is all high-level strategic information. How many houses are in it? What are the other opportunities? What else is going on in the housing sector? Mr. Rowntree, for example, would have been very useful in that sense because he was chairman of the Northern Ireland Housing Executive. There would be contributions if we were thinking about the opportunities for our residential portfolio in Northern Ireland or maybe developing out some of the land we had and investing in that,. However, those are high-level strategic contributions. They do not get into debtor information.
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