Thursday February 27, 2020

Nama has control of 123 hotels

The National Asset Management Agency (Nama) now controls 123 hotels, 83 of which are in Ireland, the agency’s chairman, Frank Daly, told TDs last week. Daly was speaking to a meeting of the British-Irish Interparliamentary Body in Cork.

18th June, 2011

The National Asset Management Agency (Nama) now controls 123 hotels, 83 of which are in Ireland, the agency’s chairman, Frank Daly, told TDs last week. Daly was speaking to a meeting of the British-Irish Interparliamentary Body in Cork.

Daly told TDs that Nama had reviewed the business plans of some 40 debtors whose loans accounted for over €32 billion.

He said Nama had advanced more than €810 million of working and development capital, to ensure that...

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