Ruth Coppinger
Question:133. Deputy Ruth Coppinger asked the Minister for Finance if he will provide a list of apartment blocks involved in sales of properties and loans by NAMA to vulture funds and REITs. [4325/17]
View answerTuesday, 31 January 2017
Questions (133)
Written answers
As the Deputy has used a pejorative and undefinable term for purchasers, and due to the fact that identifying properties associated with individual purchasers would be commercially sensitive, my reply is based on all sales irrespective of purchaser.
I am advised that NAMA is prohibited by law from disclosing confidential debtor information, including information on assets owned by debtors, without debtors' consent. It is not possible to identify particular assets which secure NAMA loans as to do so would identify the owners as NAMA debtors and NAMA is precluded from doing so by the NAMA Act 2009 and by the requirements of banking confidentiality.
Accordingly, the information in the following table is confined to large portfolio sales of residential properties which were launched by NAMA and for which the debtors have already given their consent to public disclosure of the assets concerned.
I am advised that almost all of the apartments in the various developments were let to tenants at the time of sale completion and that existing tenants were unaffected by the sales.
|
Portfolio name |
Assets |
|
Orange |
Charlestown, Dublin 11 |
|
|
Lansdowne Gate, Dublin 12 |
|
|
Beacon South Quarter, Dublin 18 |
|
|
Baker's Yard, Dublin 1 |
|
|
|
|
Rockbrook |
Rockbrook Estate, Dublin 18 |
|
|
|
|
Plum |
Northern Cross, Dublin 13 |
|
|
Beechwood Court, Stillorgan, Co Dublin |
|
|
Time Place, Dublin 18 |
|
|
Lad Lane, Dublin 2 |
|
|
Carrington Park, Dublin 9 |
|
|
Heywood Court, Dublin 9 |
|
|
Waterside, Malahide, Co Dublin |
|
Tallaght Cross West |
Tallaght Cross West, Dublin 24 |
|
|
|
|
St Edmunds |
St Edmunds, Dublin 20 |