Results 1-4 of 4 for nama segment:7872518

Written Answers — Department of Finance: National Asset Management Agency (25 Feb 2021)

Bernard Durkan: 70. To ask the Minister for Finance the value of properties currently held by NAMA; the value of all such property disposed of to date; and if he will make a statement on the matter. [10887/21]

Written Answers — Department of Finance: National Asset Management Agency (25 Feb 2021)

Paschal Donohoe: I am advised that NAMA does not typically own property, rather NAMA acquired a portfolio of loans for which the properties act as security. As set out in NAMA’s most recent Section 55 Quarterly Report and Accounts, NAMA’s assets at 30 September 2020 included i) loans (primarily secured by properties) measured at fair value of €1,039m; and ii) trading properties and...

Written Answers — Department of Finance: National Asset Management Agency (25 Feb 2021)

Bernard Durkan: 71. To ask the Minister for Finance if consideration will be given to the utilisation of NAMA as a means of solving the housing crisis; and if he will make a statement on the matter. [10888/21]

Written Answers — Department of Finance: National Asset Management Agency (25 Feb 2021)

Paschal Donohoe: NAMA was established with a very specific legal mandate, which was approved by the European Commission in 2010, to deal expeditiously with its acquired loan portfolio and to extract best value from that portfolio. NAMA has been successful in achieving this mandate and has now entered into the final phase of this work. In relation to the delivery of residential housing, it is important to...