Stephen Donnelly (Wicklow, Independent)
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I welcome the delegation and thank it for its time and responses to committee questions. They were very useful. I welcome the focus NAMA has brought over the past 12 months or so to the private and social residential markets. Setting up a dedicated team is very welcome and the number of private and social residential housing units NAMA wants to put on the market is not insignificant. I am somewhat disappointed by the take up of some local authorities. We do not have time, unfortunately, to discuss that. I congratulate NAMA on some of the work it has done in this area over the past year. I ask Mr. McDonagh to remind the committee of the total book value and purchase price at the inception of NAMA