Over the projected, ten-year life of the National Asset Management Agency ('NAMA' or 'the Agency'), redeem, at minimum, the Senior Bonds issued as consideration for loans in addition to recovery of carrying costs and working and development capital expenditure advanced to debtors1.
Consistent with the first objective, generate transactions which will aim to contribute to a renewal of sustainable activity in the property market in Ireland.
Meet its commercial objective (as at 1 above) over the shortest possible time span, having regard to market conditions and to optimising the realised value of its assets. Meet all of its future commitments out of its own resources.
Consistent with the first objective, aim to contribute to the social and economic development of the State2.
Manage assets intensively and invest in them so as to optimise their income-producing potential and disposal value.