Michael McGrath (Cork South Central, Fianna Fail)
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45. To ask the Minister for Finance the average rental yield achieved by National Asset Management Agency on its property assets associated with its portfolio of loans; and if he will make a statement on the matter. [10746/14]

Michael Noonan (Limerick City, Fine Gael)
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Rental yield information is collated and recorded on a property-by-property basis across all of NAMA s loans as this is the framework within which loans are managed. An average rental yield across NAMA's entire portfolio is not collated. Given the wide diversity across NAMA's loan security in terms of asset class, geographic location and other significant qualitative considerations such as remaining lease terms, lease covenants, etc., the derivation of an average yield is not required by NAMA in the context of the day-to-day management of its loans.