Mr. Brendan McDonagh:

There are very few units left in NAMA. There is only one vacant property. It has just gone sale agreed and it has not been vacant for very long. Off the top of my head, it was approximately 70 properties, of which approximately 44 are apartments that require remediation. There is a health and safety issue so you really cannot put people into them. There is an ongoing legal case about that, which is the third-party litigation I referred to in those other cases. We were directed by the Minister for Finance in 2020 to transfer NARPS to the LDA. We have been ready to transfer it since 2020. Legislative changes to the LDA Act had to be put through, which only came through in the Finance Act just before the end of the previous Government. The LDA is doing its due diligence and I expect that to transfer in July. On the two sites that could potentially deliver 4,000 units, we only acquired them late last year because we had to acquire them from the debtors and receivers. We expect they will transfer to the LDA on the direction of the Minister at around same time, in July. The LDA is doing due diligence on that at this stage. They are fields, but it wants to do its due diligence and that is its call. I expect all the assets NAMA has that can go the LDA will go to the LDA.