Proposed Legislation

Dáil Éireann Debate, Tuesday - 25 September 2012

Tuesday, 25 September 2012

Ceisteanna (114)

Pearse Doherty

Ceist:

114. Deputy Pearse Doherty asked the Minister for Finance if he has plans to introduce legislation to give effect to so-called Real Estate Investment Trusts in NAMA; and if he has, the timetable for the introduction of such legislation. [40295/12]

Freagraí scríofa

Minister for Finance

I wish to inform the deputy that the introduction of Real Estate Investment Trusts (REITs) legislation is being kept under review by my Department. I am aware of NAMA’s interest in this structure as another option in monetising its portfolio.