Written answers
Tuesday, 8 October 2013
Department of Finance
NAMA Portfolio Issues
Barry Cowen (Laois-Offaly, Fianna Fail)
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143. To ask the Minister for Finance if the National Asset Management Agency has undertaken an audit of its property with a view to identifying suitable lands for transfer to sports groups; if he will provide in tabular form a county breakdown of the suitable properties; and if he will make a statement on the matter. [41880/13]
Michael Noonan (Limerick City, Fine Gael)
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NAMA advises me that, as the Deputy will be aware, NAMA has acquired loans and is not the owner of properties. The Agency’s role is that of a secured lender and NAMA is subject to similar legal requirements as other lenders that preclude it from disclosing details relating to its debtors and their properties. NAMA advises that individuals and groups who have an interest in a property that is related to a NAMA loan should make contact with the owner of the property. NAMA advises also that, where it is made aware of potential purchaser interest in a debtor’s property, it will work to facilitate engagement between the interested party and the debtor. It is primarily, therefore, a matter for sports and other community interests to identify properties within their local areas which may be suitable for their purposes.
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