Frank Daly

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cash

The National Asset Management Agency (Nama), which last week upgraded its lifetime profit forecast to €4 billion, is on track to beat that new project(...)

Nama chief executive Brendan McDonagh, Minister for Finance Paschal Donohoe and Nama chairman Frank Daly at the launch of the agency’s annual report on Thursday. Photograph: Laura Hutton

The National Asset Management Agency (Nama) could seek partners within weeks to build thousands of new homes on one of the Republic’s biggest developm(...)

Nama said it generated €3.27 billion in cash in 2018, of which €3.14 billion was from the sale of loans and properties

The National Asset Management Agency (Nama) expects to hand over its likely €4 billion surplus to the State in 2020 and 2021. The agency, set up a de(...)

Nama has said it has delivered 2,475 social housing units since 2010, providing homes for an estimated 8,000 people

The National Asset Management Agency (Nama) expects to return a surplus of €3.5 billion to the exchequer by the time it completes its work in 2020 or (...)

Nama was told in 2015 to deliver  20,000 houses and apartments by 2020. Photograph: Cyril Byrne

Nama’s retained earnings rose by 5 per cent to €3.73 billion in the three months to June as the so-called bad bank’s profits were boosted by ongoing a(...)

The number of developers working directly with Nama has dropped considerably over the years and was at one stage well in excess of 100. Photograph: Cyril Byrne

There are 23 developers still in receipt of incomes from the National Asset Management Agency with the highest earning receiving €195,000 a year. Thr(...)

Nama chief executive Brendan McDonagh: he  said recent discussion on the housing issue had been “overly-simplistic”. Photograph: Alan Betson

The gap between private housing supply and demand is unlikely to close for the next three to four years, the chief executive of the National Asset Man(...)

Clairvue-Nantes paid Nama €26.6 million for the loans, secured on properties bought by Quinlan Private, a partnership led by financial adviser, Derek Quinlan, in February 2012.  Photograph: Cyril Byrne

State assets agency Nama could face questions on Thursday about the sale of loans linked to boom-era property player Quinlan Private to a Luxembourg c(...)

The developers argue that Nama is taking cash meant to repay nationalised banks’ debt and using it for housebuilding and the redevelopment of Dublin’s docks. Photograph: Cyril Byrne

Developers are appealing a European Commission decision that allows the National Asset Management Agency to fund house and commercial building, saying(...)

Minister for Finance Paschal Donohoe could wind up State assets agency Nama in 2020, despite hints from the organisation’s chairman Frank Daly (above) that its work should continue for several years.

The Economic and Social Research Institute (ESRI) wants the Government to adopt a new set of national accounts to weed out the distorting effects of m(...)

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