Lorraine Higgins (Labour)
Link to this: Individually | In context | Oireachtas source

Would Mr. McDonagh not agree, based on the limitations regarding commercial properties in Dublin city centre, that it would have made more sense to hold on to that property until such time as the market rose somewhat? We are now Europe's fastest growing economy and we are attracting international investment at an alarming rate, which is fantastic, yet NAMA decided to sell a property at a reduced price, which resulted in the company that came in achieving a price that was 136% higher when it sold it on. That is alarming. NAMA needs to refocus when it comes to selling commercial properties in Dublin city centre, particularly where there is demand.