Engagement with Public Bodies

In its Business Plan published in July 2010, the NAMA Board undertook to “engage proactively with Government Departments, local authorities, State agencies and other appropriate bodies in relation to their possible need for land/properties”.

The Board also committed to giving first option to such State bodies on the purchase of property at current approved valuations which may be suitable for their purposes. 

In line with this commitment, NAMA works with public bodies to deliver suitable land and property for social housing, schools, health care facilities and other uses. 

  • The sale of 4,500 acres of land in the Dublin Mountains to the National Parks and Wildlife Service.
  • Terms agreed with Mayo County Council for the sale of loans relating to Westport House estate.
  • Lands sold to Sligo County Council for road widening purposes.
  • The unfinished Coonagh Cross Shopping Centre in Limerick sold to Limerick Institute of Technology.
  • The sale of a site at Bray, Co. Wicklow, which will accommodate both a primary and post-primary school.
  • A site at Arklow, Co. Wicklow, was sold to the Department of Education, which will allow for the development of a new primary and post-primary school.
  • A site at Knocknacarra, Galway was sold to the Department of Education to facilitate the construction of a primary Gaelscoil.
  • The identification of over 6,900 houses and apartments for social housing.
  • The sale of sites to University College Dublin and University College Cork.
  • The identification of over 25 sites for new schools - an example is a 200-acre site in Mungret, Co. Limerick which will accommodate two schools and significant other social infrastructure.
  • The sale of lands to the HSE to accommodate the Ambulance Support Service for the North East.
  • The HSE’s acquisition of nearly 3,000 sq. ft. of office space in Dublin 2 and the identification of a number of additional sites as being available for health care facilitates/primary health care units.
  • The letting of over 18,000 sq. ft. of office space in Balbriggan, Dublin to the Office of Public Works (OPW).
  • The co-funding, with Fingal County Council, of an N2-N3 link road through lands in west Dublin to facilitate future sustainable development.
  • The release of lands in Baldoyle, Co. Dublin to Fingal County Council for parkland.

NAMA is engaged more generally with public bodies in respect of public policy processes and on specific initiatives, including:

  • The Agency’s work with the Department of the Environment, Community and Local Government in respect of planning policy and procedures, including in relation to implementation of Construction 2020, the development blueprint for Ireland’s construction sector.
  • The Agency’s work with the Department of Finance and Department of the Taoiseach in respect of the Government’s job creation policy.
  • Engagement with local authorities on a range of planning issues relating to the delivery of sustainable development, including NAMA’s work with Dublin City Council on delivery of the Strategic Development Zone Planning Scheme for the Dublin Docklands.