Nama | Business Post

Nama may not be able to build planned homes due to ‘commercial viability’ issues

The so-called ‘bad bank’ recorded a profit of €63 million last year while managing properties on state lands

Project Eagle probe given extension after judge’s death

Government gives extension to new head of investigation into Nama’s sale of loan portfolio in North until February of next year

Nama says construction inflation ‘a real challenge’ in plan to deliver 1,800 homes by 2025

Agency’s chief executive says 600 homes will be completed this year despite the increase in costs for building materials

Nama reports a slight fall in profits for 2021 to €262m

The state agency said it now expects to return almost €5bn in surplus cash and dividend payments to the exchequer over its lifetime

Nama land sales to speculators sowed seeds of current housing crisis, new report claims

Tasc, the social change think tank, says Nama ultimately “lengthened and slowed the development supply chain”, and directly contributed to the state’s housing crisis

Ian Guider: Sights could have been set so much higher for the Irish Glass Bottle site

The location close to the city centre could have held a Manhattan-style high-rise quarter

Capacity for 36,000 homes on state-owned lands in Dublin

A new analysis shows that the Irish state owns 182 hectares of zoned residential land in Dublin city alone

‘Complex logistical’ issues behind request for extension to commission of investigation into Project Eagle sale

Draft report will be sent to ‘hundreds’ of individuals and entities

Nama commission of investigation into Project Eagle sale extended again

The Taoiseach said ‘a number of developments’ outlined by the commission in its latest report had led to a further request for extension

Nama will find it ‘extremely challenging’ to deliver 2,000 homes by 2025: Donohoe

In response to a parliamentary question, the Minister for Finance claimed that commercial viability is the most important factor in the state body’s building plans

Majority of homes in Nama’s pipeline cannot be delivered before 2025

The agency has considerable amounts of land in areas affected most acutely by the shortage of affordable homes including Dublin, Cork, Meath and Wicklow

Twenty-six Nama apartments lying empty for ten years in scheme

State agency now placing 54 properties in large development on market for €14.5 million

Rising cost of construction materials to mean ‘some pain for everybody’ – Nama chief

McDonagh says spiralling construction prices a global issue and not just a problem for Ireland

Nama records operating profit of €211m for 2020

Profit at the state’s toxic loan agency is down 29 per cent on 2019 but it expects to return €1 billion to the exchequer this year

Tycoon stung for €1.25m legal fees in Nama case

Northern Ireland developer Frank Boyd took an ill-fated action against the state agency to recover millions in interest swap payments

Nama legal bill runs to over €50m

In its decade in existence, the state agency has hired some of the world’s top law firms to defend its interests

Out of office: Your essential round-up of the latest business news

New witness to give testimony for state’s Project Eagle report

Witness had previously declined to assist investigation into sale of €5.8bn North loan book

North’s prosecutor drops Project Eagle charges against Hanna

The former Nama executive has been told he will not be prosecuted in relation to the controversial portfolio