Saturday June 6, 2020

Nama missed opportunity for profits – and we’re paying the price

When it comes to the management of Nama, politics should have yielded to economics

9th April, 2017

A couple of years ago, I was asked to provide an expert assessment of Nama’s effectiveness in disposing of a large portfolio of real estate loans in Ireland and the United States. Guided by independent professional valuations and by comparable property prices for similar and proximate commercial developments and land sites, my analysis revealed a significant shortfall between Nama-realised prices and the market values of the properties it sold.

The gap between the...

Subscribe from just €1 for the first month!

Exclusive offers:

All Digital Access + eReader

Trial

€1

Unlimited Access for 1 Month

Then €19.99 a month after the offer period.

Get basic
*New subscribers only
You can cancel any time.

Annual

€200

€149 For the 1st Year

Unlimited Access for 1 Year

You can cancel any time.

Quarterly

€55

€42

90 Day Pass

You can cancel any time.

Team Pass

Get a Business Account for you and your team

Related Stories

Many of us have achieved a new life balance that might just be the real ‘new normal’

Sharyn McAndrew | 2 weeks ago

Property firms such as QRE are dealing with the coronavirus lockdown by trying to maintain some normality in their day-to-day business

Conor Whelan | 3 weeks ago

Hardline opposition to EU solidarity in funding the cost of Covid-19 is driven by German allergy to ‘imprudent’ spending, and by Dutch politicians fearing the transfer of funds to southern countries would provoke a far-right backlash

Barry J Whyte | 1 month ago