News

• NAMA Issues Tender for Enforcement and Insolvency Services

  25 October 2012 – The National Asset Management Agency (NAMA) has issued an Invitation to Tender for Enforcement and Insolvency Services.

• NAMA Cash Receipts Nearing €10 billion

  24 October 2012 – The National Asset Management Agency (NAMA) has today stated that the total cash generated from asset disposals and loan repayments now stands at €9.5 billion – up from €8 billion at the end of June.

• Statement on NAMAIL Transaction

  22 October 2012 – A 17% shareholding in National Asset Management Agency Investment Ltd (NAMAIL) has been acquired by a company owned by the Partners of Walbrook Capital, a UK based investment firm.

• NAMA reaffirms commitment to acting responsibly in Northern Ireland

  18 October 2012 – NAMA reaffirms its commitment to acting responsibly and taking account of local market conditions in its approach to managing debtors in Northern Ireland.

• NAMA extends 80/20 Deferred Payment Initiative to an additional 180 houses in 12 counties

  15 October 2012 – The National Asset Management Agency (NAMA) has today extended its residential mortgage 80:20 Deferred Payment Initiative to an additional 180 houses in 12 counties.

• Patrick McKillen Loses English High Court Claim Against NAMA and Other Parties

  10 August 2012 – The English High Court has today given judgment against Patrick McKillen in the court case brought against NAMA, Derek Quinlan and the Barclay brothers.

• NAMA Reports Profit of €247 Million After Tax For 2011

  25 July 2012 – NAMA has today published its second Annual Report. The report – which details the Agency’s performance during 2011 – reveals that it made a profit of €247 million after tax in 2011 (2010: loss of €1.18 billion).

• NAMA welcomes proposals to publish property selling prices

  2 July 2012 – Chairman calls for selling prices to be published for commercial as well as residential property to improve buyer confidence and make market more efficient. Vendor Finance represents a significant injection of capital.

• NAMA redeems €2 billion of NAMA bonds

  27 June 2012 – NAMA has announced that it has redeemed a further €2 billion of NAMA Bonds. This is the fourth repayment of bonds to date and brings the total of NAMA bonds redeemed to some €3.25 billion.

• Judgment of the English Court of Appeal in Maybourne Hotels claim brought against NAMA by Patrick McKillen

  27 June 2012 – The English Court of Appeal give judgment in NAMA’s favour in relation to the high-profile claim brought against NAMA by Irish entrepreneur Patrick McKillen.