Written answers
Tuesday, 21 March 2023
Department of Finance
National Asset Management Agency
Chris Andrews (Dublin Bay South, Sinn Fein)
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336. To ask the Minister for Finance the interest of NAMA in a site (details supplied); the status of the ownership and the remaining length of tenure; and if he will make a statement on the matter. [13554/23]
Michael McGrath (Cork South Central, Fianna Fail)
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I am advised by NAMA that the Agency, through its group entity National Asset Property Management Limited (“NAPM”), holds a long leasehold interest with 40 years remaining in a site at Block 19, which contains the Dry Docks. The freehold of the site is owned by Waterways Ireland. I am advised that a joint disposal of the entire site, combining both the long leasehold and freehold interests, will be undertaken by NAPM and Waterways Ireland. It is expected that this sale will progress in due course.
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