NAMA to sell €3.5 billion of loans and property assets

NAMA, having already agreed the sale of its Northern Ireland portfolio, is selling more than €3.5 billion worth of loans and property assets in the Republic which includes Project Redwood, a €200 million portfolio of commercial assets in Dublin, which was recently launched and is expected to attract “strong interest”, Nama chief executive Brendan McDonagh told a conference hosted by the Sunday Business Post in Dublin yesterday.

Brendan McDonagh promised that NAMA will bring packaged portfolios, each with a minimum value of €250 million, to the market in each quarter.

For more information please contact Rod Nowlan, David Carroll, or Neil Bannon of Bannon