State-owned bad bank has transferred €3.5bn of surplus cash to the exchequer to date
National Asset Management Agency (Nama)
In 2020, Nama sold a portfolio of property debts at 97.5% discount to company funded by borrower’s brother
Failure to have open as anchor tenant was attributed by developer Harry Crosbie to the collapse of the development
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The agency said that subject to market conditions, it intends to transfer €350m to the exchequer this year, bringing the total paid to the State to €4.25bn
Site consortium has selected Sisk to build the first phase of the Dublin 4 development, which will include 570 homes
Board concluded deal ‘represented a better financial outcome than was available from alternative options’, agency spokesman says
Clongriffin scheme aims to provide cost-rental apartments with rents set 30% below market rates
Construction on the site commenced in May to deliver the first phase of 570 new homes
Any Other Business: Nama chief turns down bonus, a tough job at Web Summit, HarperCollins cutbacks, hosting a new EU agency, RTÉ auditor’s history, and TV licence sales
Nama signals that investors are now moving away from new commitments in Irish market
State bad bank ticks to €4.5bn lifetime surplus target after €81 million profit last year
Council refuses permission for science hub in proposed redevelopment
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