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NAMA Portfolio

Dáil Éireann Debate, Tuesday - 17 June 2014

Tuesday, 17 June 2014

Questions (168)

Derek Nolan

Question:

168. Deputy Derek Nolan asked the Minister for Finance to set out the number of housing estates in National Asset Management Agency control in County Galway; the number of said estates that are unfinished; if a breakdown is available of where these estates are located across the city and county; and if he will make a statement on the matter. [25740/14]

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Written answers

I would like to advise the Deputy that a detailed breakdown of the property securing NAMA's remaining loans by region and by sector is outlined on page 42 of its Annual Report and Financial Statements for 2013, which is available on the Agency's website, www.nama.ie. In evidence to the Dáil Committee of Public Accounts on 29th May, NAMA indicated that it has an interest as a secured lender in about 16,000 residential units, mainly apartments, which are mainly located in Dublin, Cork, Limerick and Galway.

NAMA is prohibited under Sections 99 and 202 of the NAMA Act from disclosing confidential information, which is specifically defined to include information relating to its debtors and details of their properties.

Question No. 169 answered with Question No. 144.
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