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:

I am the first to agree with the Deputy on that. However, that is the portfolio we have. I am much happier to be able to say today that 93% of our portfolio is urban located rather than 50% of it being urban located, because it would be a much more difficult target to achieve if the portfolio was constituted that way.