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NAMA CURRENTLY HAS over €2 billion worth of assets on sale through a number of different channels according to its end of year statement released today.
The assets on sale include a number of significant property and loan portfolios that have been recently been brought to the market.
NAMA say that these sales are in response to interest from large institutional investors.
Included in the asset sales are a €373 million loan portfolio dubbed “Project Holly” which is secured by offices, hotels and land in Dublin and Meath.
Final rounds bids have also been received in respect of “Project Platinum”, a portfolio of four Dublin office buildings which are expected to close shortly.
2013
The annual update shows that agency raised €5.8 billion in 2013 with €3.8 billion of that raised from the disposal of assets.
NAMA highlighted a number of property sales they considered to be significant in 2013.
These included the sale to a major US investment group of an €800 million debt portfolio secured entirely on Irish commercial property.
Another loan sale of €250 million was backed mainly by a number of Irish shopping centres.
In total, the agency says that it has raised €16.5 billion in the 45 month period since it began.
Other notable figures in the statement included NAMA’s pledge to invest an additional €1.5 billion in funding for construction projects over the next three years if required.
This will include the construction of 4,500 new houses and apartments in Dublin, in addition to office accommodation in the city centre and investment in commercially viable retail projects the agecny says.
NAMA says that close to €1 billion has been already slated for development funds, with €500 million of this already drawn down.
Read NAMA’s full end-of-year review here >
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There was not one but three money spiders on my arm this week and I still did not win the lotto. I suppose you cant trust anything anymore.
I hope it was someone who has suffered drastically from the recession and who really and truly needed something like this to happen. Best of luck to them anyway, spend wisely! ;)
Congrats to the winners. Hope it improves there lives for the better.
Their !
Change your name to Captain Grammar and piss off.
Change your face
You’re
What an excellent new year that winner will have. Now I’m going to slip into a lovely daydream about what I would do if I won that money…
I was full sure I’d win if I bought a ticket!
You could spend 10.000.000 and still not be guaranteed to get right numbers. More chance of getting randomly shot by a clown on a unicycle than winning
More chance of 911 happening again :D
That happens every year!
Congrats to winner & best of luck but I would rather see 4 winners of 2 million each .
Paddy went into his local church every week and prayed that he would win the lottery. Finally one Saturday, after years of praying, he went into his church and said ‘If I don’t win the lottery this evening I am converting to Islam. With that both an earthquake and hurricane started and the roof of the Church was blown off with God’s face appearing where the roof used to be. God says to Paddy ‘”For Pete’s sake, at least meet me half way and buy a damn ticket”!
Must Begrudge….. Can’t wish well… ahhhh
Please, don’t let them be benefits freeloaders.
Lend us a tenner .
Bum
Thanks everyone for your well wishes, I’ll be sure to spend it wisely, will give a share to charity too
If I win the lotto the first thing I’m going to buy is a pot to piss in I always wanted one of them
My mam lives in Wicklow, tell me u bought the ticket!!
If you have your health your lucky if you have nt you have nothing.
Not true, they have 8.2 million. That buys the best medical care and a stress free lifestyle.
A life changing event… I genuinely hope the person/ people who won it will not be badly affected by this. Maybe bigger prizes like this should be paid out over a period of time rather than all at once?
Why? If someone wants to go out and kill themselves with drink or blow it all on hookers then that’s their business.
Nannyists like you are what’s wrong with the world
Fcuk that. We’re not all irrational minded folk.
People who say money doesn’t make you happy don’t have any
I have money. A lot of it. It doesnt make you happy itself.
But it can certainly give you better access to the circumstances that you would make you happy.
I’m minted too and I wish was dead half the time
It buys its own brand of misery.. :)
I can only hope a Dub bought that ticket
In a different article you are putting down Dublin people
You must wreck you’re own head
Who cares… I’ve just won the Nigerian Lottery… :)
Jammy git!
Lucky feckers good for them… I wish they were my friends and wanted to spoil me with lots of money then I wouldn’t be having Sunday night work blues… oh the dreams
The only way to positively guarantee winning the lottery is to get the numbers on your ticket to match the actual drawn numbers. Pity it’s so hard to know that in advance! Meanwhile, if you’re interested, I have my own little just-for-fun page which generates my personal quick pick numbers. As I say, it is strictly just for fun, but you never know your luck! Look out for VillaLibra if you want to see if you can locate it.
What article foxy? Snitch
Here van.. That was sarcasm about Finglas I’m from there. Do you know what sarcasm is?
Probably that insufferable windbag Ivan Yates!
4 euro quick pick
Im in wicklow too if you feel the need to share some of your bounty !!
Delighted for them..be healthy and enjoy
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