Nama is prepared to spend €1.5 billion of its own cash developing residential property as the agency sets out to reinvigorate Dublin’s ailing housing market.
According to its chairman, Frank Daly, Nama has the sites, finance and expertise to help get the residential housing market moving in Dublin. More specifically, the agency is willing to put its money where its mouth is and spend up to €1.5 billion to deliver up to 22,000...
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