Ruth Coppinger (Dublin West, Anti-Austerity Alliance)
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141. To ask the Minister for Finance if the apartments in need of remedial work in an area (details supplied) include apartments which completion of same was financed by NAMA; and if he will make a statement on the matter. [6807/17]

Michael Noonan (Limerick City, Fine Gael)
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I am advised by NAMA that NAMA held security over a large number of units within the development to which the Deputy refers.  These units were under the management of a receiver appointed by the relevant Participating Institution prior to NAMA's acquisition of the related borrowings.

I am further advised that the properties controlled were sold on the open market by the appointed receiver and that all properties, bar one unit, were sold by end-2014. The final unit was sold in June 2016 by the appointed receiver.

Finally, I am advised that NAMA provided funding, as requested by the receiver, for the purpose of carrying out works to ready the units for sale.

NAMA operates a dedicated email service for members of the Oireachtas, oir@nama.ie, should the Deputy wish to raise any matter directly with the Agency. This email is regularly monitored and Deputies will receive a prompt response.