Dáil Éireann Debate, Tuesday - 13 November 2018
173. Deputy Richard Boyd Barrett asked the Minister for Finance the number and location of all completed and unfinished residential units in NAMA's original portfolio including the residential units securing loans acquired by NAMA; and if he will make a statement on the matter. [46744/18]
View answerI am advised that Sections 99 and 202 of the NAMA Act prohibit NAMA from disclosing confidential debtor information, including information on the assets owned by its debtors. It is therefore not possible to provide information on the location of residential units owned by debtors.
I am advised that NAMA’s acquired loan portfolio was initially secured by some 22,735 residential units in Ireland which included both completed and partially completed units. This number fluctuated over time as debtors and receivers sold units under their control and new supply came on stream as a result of funding provided by NAMA. I am advised that at acquisition, the majority of completed residential units securing NAMA’s portfolio were occupied by tenants and, accordingly, any subsequent disposal of the properties would not have adversely affected these tenancies.
The following table provides a breakdown by county of the 22,735 residential units which secured NAMA’s acquired loan portfolio.
|
County |
No of Units |
|
Co. Carlow |
203 |
|
Co. Cavan |
56 |
|
Co. Clare |
529 |
|
Co. Cork |
3,729 |
|
Co. Donegal |
299 |
|
Co. Dublin |
10,394 |
|
Co. Galway |
1,380 |
|
Co. Kerry |
492 |
|
Co. Kildare |
654 |
|
Co. Kilkenny |
192 |
|
Co. Laois |
134 |
|
Co. Leitrim |
79 |
|
Co. Limerick |
965 |
|
Co. Longford |
51 |
|
Co. Louth |
412 |
|
Co. Mayo |
344 |
|
Co. Meath |
475 |
|
Co. Monaghan |
73 |
|
Co. Offaly |
129 |
|
Co. Roscommon |
137 |
|
Co. Sligo |
466 |
|
Co. Tipperary |
340 |
|
Co. Waterford |
264 |
|
Co. Westmeath |
204 |
|
Co. Wexford |
472 |
|
Co. Wicklow |
262 |
|
Grand Total |
22,735 |
