Sandra McLellan (Cork East, Sinn Fein)
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Question 53: To ask the Minister for Finance if he will engage with the National Asset Management Agency to identify buildings and properties in its portfolio which might be suitable for local sports pitches and facilities; and if he will make a statement on the matter. [13705/11]

Michael Noonan (Limerick City, Fine Gael)
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NAMA has, in the first instance, acquired loans and it advises me that property or other assets securing these loans remain in the possession of debtors unless it takes enforcement action against them. I am informed that, under an initiative currently in preparation, NAMA will shortly include on its website a database of properties which are under the control of receivers appointed to enforce against NAMA debtors (appointed either directly by NAMA or by participating institutions working on its behalf). This will provide a single source of information on NAMA assets which are for sale and it will be updated on a very regular basis. It is expected to be up-and-running within a matter of weeks.

Within the context of its commercial remit, NAMA has made it known that it is open to considering proposals aimed at contributing to broader social and economic objectives, including facilitating public bodies and it has committed to giving first option to such bodies on the purchase of property which is within its control and which may be suitable for their purposes. In these circumstances, NAMA is available to meet with public bodies to discuss any specific proposals that they may have regarding local facilities.