Oireachtas Joint and Select Committees

Thursday, 30 September 2021

Public Accounts Committee

NAMA Financial Statement 2020 and Special Report 111 of the Comptroller and Auditor General

9:30 am

Photo of Seán SherlockSeán Sherlock (Cork East, Labour) | Oireachtas source

May I hear Mr. McDonagh's understanding of the impact of Covid on commercial developments? We now know that more people will be working from home and that fewer people will be required to inhabit, if you will, commercial developments. Can Mr. McDonagh give me an insight into NAMA's thinking in respect of the future of commercial developments, such as the Dublin docklands SDZ in particular, in the context of the impact of Covid on commercial space into the future? What I am getting at is whether there will be a need to pivot back to residential. That is ultimately what I am trying to figure out.

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