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Dublin: 11 °C Thursday 21 August, 2014
NAMA

NAMA

National Assets Managment Agency. A "bad bank" created by the government in 2009. It will take over property development loans from banks in return for government bonds.

# nama - Today’s News

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# nama - Friday 15 August, 2014

From TheJournal.ie This Fine Gael TD thinks the O’Flynn case raises ‘serious issues’ about how Nama does its business Change It Up

This Fine Gael TD thinks the O’Flynn case raises ‘serious issues’ about how Nama does its business

Michael Creed says we need “developers and we need developers in funds”.

# nama - Thursday 14 August, 2014

From TheJournal.ie Vindicated, relieved, frightened: Michael O’Flynn after his court battle with Blackstone Loan Sales

Vindicated, relieved, frightened: Michael O’Flynn after his court battle with Blackstone

The Cork developer has alleged that Blackstone completely changed strategy once it acquired his loans.

# nama - Wednesday 13 August, 2014

From TheJournal.ie Michael O’Flynn succeeds in having examiners removed, will repay €24.9m loans on Friday High Court

Michael O’Flynn succeeds in having examiners removed, will repay €24.9m loans on Friday

The Cork developer’s scramble to retain control of his empire has been concluded.

# nama - Monday 11 August, 2014

From TheJournal.ie NAMA dealing with 21 legal proceedings against it – both home and away NAMA

NAMA dealing with 21 legal proceedings against it – both home and away

The ghosts of developers stung are coming back to haunt the State’s bad bank.

# nama - Wednesday 30 July, 2014

From TheJournal.ie Here’s What Happened Today: Wednesday News Fix

Here’s What Happened Today: Wednesday

Everyone’s talking about the body found in Co Meath, Gaza strikes, and the bulging Moon.

Nama is selling its first ever retail park portfolio worth a total of €110m

The properties are spread across the country in Dublin, Louth, Westmeath, Carlow, and Tipperary.

# nama - Saturday 26 July, 2014

Aaron McKenna: Massive state intervention in house building? Welcome back to 2007

In the normal course of things, Nama would be wound down and consigned to the history books…

# nama - Thursday 24 July, 2014

From TheJournal.ie “It’s tough against faceless power on that level” – cultural groups fight losing battle with Nama Culture War

“It’s tough against faceless power on that level” – cultural groups fight losing battle with Nama

Office development in The Docklands could force out a blossoming cultural scene that took hold during the downturn.

From TheJournal.ie Opinion: Is the effort to ‘revive the property market’ pushing creative groups out of the Docklands? Living Cities

Opinion: Is the effort to ‘revive the property market’ pushing creative groups out of the Docklands?

Places like Mabos, one of Dublin’s most vibrant projects, remind us that the city is something we make together.

# nama - Saturday 19 July, 2014

From TheJournal.ie The 9 at 9: Saturday 9 At 9

The 9 at 9: Saturday

It’s finally the weekend – and here’s what you need to know as you kick off your Saturday.

From TheJournal.ie Nama has clawed back €800 million from debtors putting assets ‘beyond its reach’ Asset Hunt

Nama has clawed back €800 million from debtors putting assets ‘beyond its reach’

Fianna Fail’s Michael McGrath said the news raises “fundamental questions” about debtor co-operation.

# nama - Friday 18 July, 2014

From TheJournal.ie How many Nama debtors have gone bankrupt so far? To The Wall

How many Nama debtors have gone bankrupt so far?

The vast majority of the bankruptcies have been in the UK.

# nama - Thursday 17 July, 2014

From TheJournal.ie Nama’s transformation from the world’s biggest landowner to Ireland’s biggest landlord Explainer

Nama’s transformation from the world’s biggest landowner to Ireland’s biggest landlord

Nama has taken on a host of new objectives – it looks like a sensible move now, but will it work out?

# nama - Wednesday 16 July, 2014

From TheJournal.ie Pathway to ‘Dublin’s Canary Wharf’: Nama’s €3 billion property play New Departure

Pathway to ‘Dublin’s Canary Wharf’: Nama’s €3 billion property play

Developers who had lands transferred to the State’s bad bank could end up developing sites in the Docklands.

# nama - Friday 11 July, 2014

From TheJournal.ie These are the six areas Enda and Joan want to prioritise from now until 2016 Statement Of Priorities

These are the six areas Enda and Joan want to prioritise from now until 2016

From access to childcare to disposing bank assets, they’ve covered a lot in the Statement of Priorities.

From TheJournal.ie The Briefcase: Tax havens, a €100 million deal for Quinn’s companies, and a Wetherspoons fry-up Inbox Me

# nama - Wednesday 9 July, 2014

From TheJournal.ie Here’s What Happened Today: Wednesday News Fix

Here’s What Happened Today: Wednesday

Everyone’s still talking about Garth Brooks as well as a derailed DART and the Cabinet reshuffle.

The Bord Gais Energy Theatre is on sale for €20m

The Daniel Libeskind-designed theatre cost €80 million to develop.

# nama - Saturday 5 July, 2014

Nama is selling a €100 million portfolio of business parks

The five properties are located around the country, with the most high profile in Carrickmines.

# nama - Friday 4 July, 2014

From TheJournal.ie Nama has completed over €5 billion in loan and property sales so far this year Namarama

Nama has completed over €5 billion in loan and property sales so far this year

Chairman Frank Daly said that the agency is committed to playing an active role in economic recovery.

# nama - Thursday 3 July, 2014

From TheJournal.ie Noonan: Dara Calleary “is like an arsonist blaming the fire brigade” Dáil

Noonan: Dara Calleary “is like an arsonist blaming the fire brigade”

The Finance Minister was accused of failing to deliver a deal on bank recapitalisation.

# nama - Wednesday 25 June, 2014

NAMA redeems €2.5bn in bonds

National Asset Management Agency recently reported profits of €211m.

# nama - Monday 23 June, 2014

From TheJournal.ie These are the questions John Bruton wants the banking inquiry to answer Tell Me Whys

These are the questions John Bruton wants the banking inquiry to answer

Bruton wants the inquiry to focus on the reasons why the crisis wasn’t averted, not how it happened.

# nama - Friday 20 June, 2014

NAMA completes largest ever loan transaction at €5.6bn

It consisted mostly of loans secured on assets in Northern Ireland.

The briefcase: this was the week in business Inbox Me This post contains a poll

The briefcase: this was the week in business

Opening shots in the budget war, cuddly Ryanair, and everything in between…

# nama - Friday 13 June, 2014

Harry Crosbie is suing Nama over €77 million debt charge

The former developer is alleging that Nama leaked personal information about him and is unfairly pursuing him over debts.

# nama - Friday 6 June, 2014

Here’s how much the wind up of IBRC has cost us so far

The details of costs to the State are contained in a report by liquidator KPMG published today

# nama - Wednesday 4 June, 2014

Nama is selling the biggest-ever portfolio of Dublin apartments for €160 million

A total of 761 apartments are on the block in the capital, but who’s in the running to buy them?

NAMA to sell major site next to half-built former Anglo headquarters

It is envisaged that the completed development will be similar in size to the commercial footprint of the Spencer Dock development.

# nama - Thursday 29 May, 2014

From TheJournal.ie The 5 at 5: Thursday Take 5

The 5 at 5: Thursday

5 minutes, 5 stories, 5 o’clock…

From TheJournal.ie Nama pays developers €11 million every year in wages Payroll

Nama pays developers €11 million every year in wages

The state’s bad bank has revealed a list of its wage categories for 134 developers.

From TheJournal.ie What will NAMA have to say about its predicted profits at the PAC? Oireachtas Agenda

What will NAMA have to say about its predicted profits at the PAC?

NAMA officials will be grilled by the Public Accounts Committee on the details of their latest annual report….

# nama - Tuesday 27 May, 2014

NAMA promises “the sight of cranes returning to Dublin’s Docklands”

The state’s bad bank generated €4.5 billion last year.

# nama - Monday 26 May, 2014

NAMA sold 26 properties with ‘no evidence of open marketing’

The state’s bad bank is also unable to say how much it takes in rental income.

# nama - Sunday 18 May, 2014

From TheJournal.ie Relatives of 1916 Rising rebels are angry about the plans for Moore Street Protest

Relatives of 1916 Rising rebels are angry about the plans for Moore Street

The relatives will link arms around Moore Street buildings today in protest at what’s being done to the street for the 2016 centenary.

# nama - Saturday 17 May, 2014

Is the Irish commercial property feeding frenzy a good idea?

Investors are hungry for Irish assets, and they’re not short of cash. But are we underselling ourselves?

# nama - Tuesday 13 May, 2014

From TheJournal.ie The 9 at 9: Tuesday 9 At 9

The 9 at 9: Tuesday

Morning! Here’s everything you need to know as you kick off your Tuesday.

NAMA sells loan for Ireland’s tallest building

The loans for the Elysian Tower, along with a number of other properties in Ireland, the UK and Germany, were sold yesterday to Blackstone Real Estate.

# nama - Wednesday 7 May, 2014

Here’s the most complete breakdown of NAMA loans you’ll see today

NAMA says that the lending “seems to have been carried out in haste” with poor security and documentation.

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