Written answers
Tuesday, 13 November 2018
Department of Finance
NAMA Property Sales
Richard Boyd Barrett (Dún Laoghaire, People Before Profit Alliance)
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174. To ask the Minister for Finance the number and location of all residential units sold by NAMA debtors receivers since inception; the number of those units sold at NAMA loan sales by year since its inception; the breakdown of the residential sales into lot sizes (details supplied); and if he will make a statement on the matter. [46745/18]
Paschal Donohoe (Dublin Central, Fine Gael)
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I am advised that, since inception, a total of 19,224 residential units located in the Republic of Ireland have been sold by NAMA debtors and receivers. These residential units were owned by NAMA debtors and the sales proceeds were used to repay associated debt. The figures include both completed and partially completed units, as well as over 8,000 new houses or apartments delivered through NAMA funding. Also included are 2,407 units which were sold to local authorities, approved housing bodies or NARPS for social housing use.
A breakdown by year and by lot size of the 19,224 residential units sold is presented in the table below.
Year | Lot Size | Units |
---|---|---|
2010 | 1-2 | 165 |
3-20 | 81 | |
21-50 | - | |
51+ | 51 | |
2011 | 1-2 | 365 |
3-20 | 152 | |
21-50 | - | |
51+ | 81 | |
2012 | 1-2 | 445 |
3-20 | 122 | |
21-50 | 27 | |
51+ | 111 | |
2013 | 1-2 | 689 |
3-20 | 259 | |
21-50 | 143 | |
51+ | 123 | |
2014 | 1-2 | 1,242 |
3-20 | 498 | |
21-50 | 310 | |
51+ | 1,364 | |
2015 | 1-2 | 1,638 |
3-20 | 1,158 | |
21-50 | 722 | |
51+ | 1,241 | |
2016 | 1-2 | 1,559 |
3-20 | 447 | |
21-50 | 250 | |
51+ | 1,255 | |
2017 | 1-2 | 1,701 |
3-20 | 311 | |
21-50 | 275 | |
51+ | 450 | |
2018 | 1-2 | 1,298 |
3-20 | 158 | |
21-50 | 293 | |
51+ | 240 | |
Grand Total | 19,224 |
NAMA is prohibited, under Sections 99 and 202 of the NAMA Act, from disclosing confidential debtor information, including the exact location of assets controlled by its debtors. The following table provides a breakdown by year and by county of residential units sold by NAMA’s debtors and receivers.
County | 2010 | 2011 | 2012 | 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | Total |
---|---|---|---|---|---|---|---|---|---|---|
Co. Carlow | 1 | 21 | 24 | 37 | 2 | 85 | ||||
Co. Cavan | 2 | 2 | 1 | 3 | 24 | 1 | 13 | 46 | ||
Co. Clare | 2 | 7 | 12 | 15 | 35 | 256 | 2 | 25 | 23 | 377 |
Co. Cork | 21 | 104 | 171 | 247 | 296 | 579 | 495 | 279 | 243 | 2,435 |
Co. Donegal | 12 | 29 | 3 | 16 | 36 | 1 | 97 | |||
Co. Dublin | 183 | 321 | 289 | 361 | 2,120 | 2,068 | 2,300 | 1,986 | 1,385 | 11,013 |
Co. Galway | 6 | 23 | 31 | 94 | 171 | 383 | 146 | 112 | 45 | 1,011 |
Co. Kerry | 2 | 9 | 4 | 8 | 50 | 202 | 1 | 276 | ||
Co. Kildare | 40 | 19 | 38 | 129 | 144 | 90 | 104 | 146 | 154 | 864 |
Co. Kilkenny | 3 | 6 | 10 | 8 | 23 | 86 | 19 | 6 | 161 | |
Co. Laois | 16 | 2 | 1 | 63 | 10 | 71 | 21 | 184 | ||
Co. Leitrim | 1 | 1 | 1 | 10 | 17 | 9 | 2 | 41 | ||
Co. Limerick | 1 | 8 | 20 | 40 | 138 | 156 | 48 | 5 | 7 | 423 |
Co. Longford | 7 | 5 | 9 | 2 | 2 | 3 | 1 | 29 | ||
Co. Louth | 7 | 7 | 50 | 43 | 28 | 46 | 5 | 5 | 8 | 199 |
Co. Mayo | 1 | 2 | 4 | 8 | 42 | 112 | 1 | 170 | ||
Co. Meath | 4 | 6 | 7 | 110 | 51 | 95 | 37 | 28 | 13 | 351 |
Co. Monaghan | 2 | 1 | 3 | 4 | 10 | |||||
Co. Offaly | 1 | 10 | 1 | 9 | 13 | 31 | 1 | 66 | ||
Co. Roscommon | 2 | 1 | 3 | 6 | 14 | 49 | 75 | |||
Co. Sligo | 1 | 5 | 3 | 23 | 26 | 154 | 6 | 218 | ||
Co. Tipperary | 9 | 1 | 8 | 4 | 54 | 12 | 3 | 1 | 92 | |
Co. Waterford | 2 | 10 | 3 | 6 | 19 | 114 | 18 | 2 | 174 | |
Co. Westmeath | 7 | 4 | 45 | 25 | 55 | 15 | 2 | 153 | ||
Co. Wexford | 5 | 12 | 3 | 15 | 68 | 100 | 93 | 5 | 1 | 302 |
Co. Wicklow | 5 | 10 | 13 | 10 | 38 | 42 | 72 | 105 | 77 | 372 |
Grand Total | 297 | 598 | 705 | 1,214 | 3,414 | 4,759 | 3,511 | 2,737 | 1,989 | 19,224 |
The majority of units sold in Co Dublin during the period 2014-2018 were new units funded by NAMA. An additional 6,146 units were included as security for loan sales undertaken by NAMA but there was no change in the ownership of these units arising from the loan sales.
Richard Boyd Barrett (Dún Laoghaire, People Before Profit Alliance)
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175. To ask the Minister for Finance the amount of residential and zoned land in hectares sold by NAMA debtors and receivers and through loans sales since inception; if he will provide a list of the zoned residential sites by year, location and local authority area; and if he will make a statement on the matter. [46746/18]
Paschal Donohoe (Dublin Central, Fine Gael)
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I am advised that it was not possible for NAMA to provide the information sought in the time available and therefore I will make arrangements to provide the outstanding information in line with Standing Orders.
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