Dáil Éireann Debate, Thursday - 26 January 2017
56. Deputy John Brady asked the Minister for Finance the number of undeveloped land portfolios owned by NAMA in the State, by county; the length of time the land has been held by NAMA; and if he will make a statement on the matter. [3560/17]
View answerAs indicated in my reply to Parliamentary Question 90 of 19 January 2017, apart from properties acquired by NARPS, NAMA holds 11 other properties on its balance sheet. I am advised that the majority of these were taken onto NAMA's balance sheet arising from legal and insolvency agreements. Nine of these assets are land and development assets, of which two are located abroad. The remaining seven land and development assets are located in Dublin. Six are located in the Docklands SDZ area and current asset management activity is geared towards enhancing their ultimate disposal value. The other land and development asset is also located in Dublin and is the subject of litigation. These assets were taken onto NAMA's balance sheet in the period since 2012.
