NAMA to invest €7.5 billion in development programme

The body will create 20,000 new homes

3rd December, 2015
It aims to create almost 4 million square feet of new commercial space in the Dublin Docklands Credit: RollingNews

The National Asset Management Agency (NAMA) will invest €7.5 billion in a commercial and residential development programme.

It announced details of a major that aims to create almost 3.8 million square feet of new commercial space in Dublin Docklands and 20,000 new homes in Dublin and other areas of strong demand.

The residential programme will require total funding of €5.6 billion with peak funding expected to be €1.8 billion. The proceeds from the sale of completed projects...

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