Written answers
Tuesday, 18 September 2012
Department of Finance
NAMA Property Leases
Tommy Broughan (Dublin North East, Labour)
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To ask the Minister for Finance the number of residential units that have been made available by the National Assets Management Agency for lease; and if he will make a statement on the matter. [39167/12]
Michael Noonan (Limerick City, Fine Gael)
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I am advised by NAMA that it does not own or manage the properties securing its loans. Its best estimate is that, of the residential units which are under the control of its debtors and receivers, some 9,200 units are currently rented and about 4,000 are vacant. I am advised that a substantial number of these vacant units are close to being made habitable and will shortly be available for sale or rent, depending on the detail of the asset disposal and asset management plans which have been agreed with individual debtors and receivers. NAMA has made available a list of 3,200 residential properties to the Department of the Environment and the Housing Agency which are available to be selected by them for leasing in the future.
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