Oireachtas Joint and Select Committees

Thursday, 8 October 2020

Public Accounts Committee

Special Report 109 of the Comptroller and Auditor General: National Asset Management Agency
National Asset Management Agency - Financial Statements 2019

11:30 am

Mr. Brendan McDonagh:

If the Deputy sees the composition of our assets, which was in the briefing pack I sent in, a lot of our assets are land and development assets. We believe some of this land will become quite valuable before 2025 because of planned infrastructural works by the State. To give the Deputy an example, we have a lot of land banks in north Dublin. If the planned MetroLink went ahead, whatever the case is, that would open this land bank.