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We'll find out ‘within weeks’ exactly what property NAMA controls

Finance minister Michael Noonan says the NAMA website will list the properties under the control of debtors’ receivers.

Treasury Buildings, home of NAMA: the State's bad bank is to publish a full register of the property it controls.
Treasury Buildings, home of NAMA: the State's bad bank is to publish a full register of the property it controls.
Image: Photocall Ireland

THE NATIONAL ASSET Management Agency (NAMA) is to publish a comprehensive list of all the properties under its control, it has been confirmed.

The minister for finance Michael Noonan says the State’s bad bank is currently in the process of finalising a list of the properties owned by debtors who have gone into receivership.

The list will include properties under the control of receivers appointed by NAMA itself, and by those appointed by other institutions working on NAMA’s behalf.

The database is to be published on the NAMA website, www.nama.ie, “within a matter of weeks,” Noonan said.

The minister added that NAMA was willing to consider proposals on how to best deploy its property to contribute to “broader social and economic objectives”, including facilitating public bodies.

Those public bodies would have the first option to purchase appropriate properties wherever NAMA had plans to sell it off.

Noonan’s disclosure came in response to a parliamentary question from Sinn Féin TD Sandra McLellan.

About the author:

Gavan Reilly

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