News
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NAMA completes sale of Irish loan portfolio with par value of approximately €800 million
2 May 2013 – The National Asset Management Agency (NAMA) and Starwood Capital Group, a leading global private investment firm, announced today a new joint venture relating to the sale of NAMA’s portfolio of loans known as Project Aspen.
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NAMA to invest stg£9m in 95-unit housing development in Belfast
16th April 2013 – The National Asset Management Agency (NAMA) has today announced plans to provide funding of stg£9 million to build a new 95-unit housing development in Millmount, Dundonald, close to Belfast.
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NAMA Chairman welcomes appointment of Mr Oliver Ellingham to NAMA Board
5 April 2013 – Frank Daly, Chairman of the National Asset Management Agency (NAMA), has welcomed the announcement by the
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NAMA – Loan Service Providers
19 March 2013 – As part of the Government’s decision on 7th February 2013 to appoint Special Liquidators to IBRC,
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NAMA extends 80/20 Deferred Payment Initiative to an additional 100 units in 4 counties
14 March 2013 – The National Asset Management Agency (NAMA) has today launched the third phase of its residential mortgage
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NAMA €2 billion Irish investment programme to include significant new commercial development to meet FDI demand – NAMA Chairman
21 February 2013 – In an address today to the Association of European Journalists NAMA Chairman, Frank Daly, stated that the Agency will address a shortage of supply for top-quality office accommodation in the Dublin Docklands area.
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Statement Regarding the Establishment of National Asset Resolution Ltd.
7 February 2013 – NAMA has been directed to establish a special purpose vehicle (National Asset Resolution Ltd. – NARL) to acquire a floating charge over certain IBRC assets.
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NAMA Issues End of Year Review for 2012
3 January 2013 – NAMA has today issued an end-year summary of progress made in 2012. Among the highlights are the generation of €10.5 billion in cash flows since inception.
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NAMA Redeems €1.5 Billion of NAMA Bonds
19 December 2012 – NAMA has announced that it has redeemed a further €1.5 billion of NAMA Bonds today. This is the fifth redemption of bonds to date and brings the total of NAMA bonds redeemed to some €4.75 billion.
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‘Sundays Well’ Transaction – Summary Report
27 November 2012 – NAMA publishes report into a transaction, Sundays Well, involving a NAMA debtor and an ex-employee of the Agency