Brendan Mcdonagh

183 results

Nama generated €900 million in cash last year, which exceeded its internal targets. Photograph: Cyril Byrne / The Irish Times

Nama confirmed on Monday that it plans to hand over an additional €1 billion of surplus cash to the Government this year, as it expects to report a 10(...)

The Dáil’s Public Accounts Committee report criticises Nama for failing to fully investigate links between Avestus, which was managing the loans for the agency, and the buyer. Photograph: Cyril Byrne

The National Assets Management Agency (Nama) faces further grilling on a deal that TDs believe potentially cost taxpayers up to €29 million. Nama’s s(...)

Conor O’Kelly, chief executive NTMA: ‘We’ve got to hit the road to keep bond investors informed – otherwise they’d forget about us.’ Photograph: Alan Betson/The Irish Times

Conor O’Kelly, chief executive of the National Treasury Management Agency’s (NTMA), is under no illusions about his place in the €85 trillion-plus glo(...)

“There continues to be significant uncertainty to the extent of the impact that the Covid-19 pandemic will have on the markets that Nama operates in.” Photograph: Eric Luke

Ongoing Covid-19 uncertainty left the National Asset Management Agency (Nama) with a €9 million loss at the end of June, according to figures publishe(...)

Set up in 2010 take over Irish banks’ property loans following the financial crisis, Nama returned a €2 billion surplus to the exchequer this year. Photograph: Cyril Byrne

National Asset Management Agency (Nama) executive Connor Owens has emerged as a likely candidate to head multinational property group Hammerson’s Iris(...)

The loans, dubbed Project Nantes, included debts secured on hotels, offices and homes in the Republic, UK and Europe.  Photograph: Cyril Byrne

National Asset Management Agency (Nama) errors prompted a €29 million miscalculation on the sale of debts due from boom-era property player Quinlan Pr(...)

National Asset Management Agency chief executive Brendan McDonagh and chairman Frank Daly. The agency did not comment on news that two men, Frank Cushnahan and Ian Coulter, are to face charges. Photograph: Matt Kavanagh

What was Project Eagle? Project Eagle was the name given to the National Asset Management Agency’s (Nama) Northern Ireland property loans, sold to US(...)

The Irish Glass Bottle site at Ringsend, Dublin. Photograph: Cyril Byrne

Nama confirmed on Friday that developer Johnny Ronan and US investment firm Colony Capital have been chosen as preferred bidders for a controlling st(...)

The Irish Glass Bottle site at Ringsend. Photograph: Cyril Byrne

Developer Johnny Ronan and US investment firm Colony Capital submitted the top bid to Nama for a controlling stake in the former Irish Glass Bottle si(...)

Nama’s remit to increase housing supply in a dysfunctional market has seen it and its borrowers deliver 17,380 new homes since 2014. Photograph: Cyril Byrne

Nama chief executive Brendan McDonagh said he expects to be able to recommend a preferred bidder to develop the former Irish Glass Bottle site in Ring(...)

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