Housing

Government accused of ‘inaction’ after Nama sells last Glass Bottle site stake

Sale will make delivery of ‘genuinely affordable homes’ all the more difficult, says Sinn Féin

Eoin Ó Broin: the Sinn Féin housing spokesperson criticised the sale of Nama’s stake in the site to a consortium led by Johnny Ronan. Picture: Collins

The sale of the National Asset Management Agency's remaining 20 per cent stake in the former Irish Glass Bottle site to a consortium led by developer Johnny Ronan has been described as “deeply disappointing” by Eoin Ó Broin.

Nama on Friday evening said the agency’s shareholding is being acquired by Pembroke Ventures DAC, the majority 80 per cent shareholder of the lands at Poolbeg in Dublin 4, which is the last major vacant site in ...