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NAMA CURRENTLY HAS over €2 billion worth of assets on sale through a number of different channels according to its end of year statement released today.
The assets on sale include a number of significant property and loan portfolios that have been recently been brought to the market.
NAMA say that these sales are in response to interest from large institutional investors.
Included in the asset sales are a €373 million loan portfolio dubbed “Project Holly” which is secured by offices, hotels and land in Dublin and Meath.
Final rounds bids have also been received in respect of “Project Platinum”, a portfolio of four Dublin office buildings which are expected to close shortly.
2013
The annual update shows that agency raised €5.8 billion in 2013 with €3.8 billion of that raised from the disposal of assets.
NAMA highlighted a number of property sales they considered to be significant in 2013.
These included the sale to a major US investment group of an €800 million debt portfolio secured entirely on Irish commercial property.
Another loan sale of €250 million was backed mainly by a number of Irish shopping centres.
In total, the agency says that it has raised €16.5 billion in the 45 month period since it began.
Other notable figures in the statement included NAMA’s pledge to invest an additional €1.5 billion in funding for construction projects over the next three years if required.
This will include the construction of 4,500 new houses and apartments in Dublin, in addition to office accommodation in the city centre and investment in commercially viable retail projects the agecny says.
NAMA says that close to €1 billion has been already slated for development funds, with €500 million of this already drawn down.
Read NAMA’s full end-of-year review here >
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Same old, nobody cares anymore.
Fantastic work by the Gardai, well done. I’m sure they’ll end up arresting someone for it.
Yep, that’s got to be the last of it too.
The war is over.
Yes that’s surely the end of this whole drug thing now .
History has proved one thing probation always works.
Gardai stocking up before Ming legalizes it ?
‘High’ 5 to the guards well done!
I don’t condone the support of corporate government storm troopers seizing a herb and persecuting florists for one reason, to extort them of their produce and use it for their own agenda. Supporting such tyranny is treason!!
Its hilarious when I read a comment like “fantastic job by the gardai” , weed is the least of the countries problems and it seems like the gardai are spending the majority of their time focused on cannabis and not the drugs that are destroying the country like heroin . Heroins creeping in everywhere these days , in the last three years in Cork its after flooding the streets . Wake up and open your eyes weed should have been legalised years ago so we can focus on the plague that is heroin .
such a waste of Gardai time. its a plant FFS.
but then again if they where not going after herb farmers, they would be out tax collecting.
isn’t legal yet :/
Daaaaaaaaaaaaaaaaaaaamnnn ◇
Lots of seizures recently, if I didn’t know any better I’d say a few weeks ago they gave it a lash and found out it’s really not that bad!
There goes my stash
Canabis Herb?
Were they making herbal tea?
Guards seizing a lot of things up in tallaght ….. will it be returned to the owner after a DNA test? Will the liberial parasites claim this is discriminating against drug dealers ? Will this be blamed on the gay community by those oppossed to gay marriage ? Who knows
NNNNNOOOOOOOOOOOOOO!!!!!!. What a waste!!, just share it out.
Good seizure but it is a pity that the criminals were not caught in possession.
Yeah, isn’t it great to see our tax payers money and the Gardaí’s time & resources being wasted on the seizing of plants, I’m sure we’ll all sleep better tonight knowing that there’s a little less of the “evil weed” out there.
I certainly will.
It’s actually legal to grow it in Spain for personal use. Ridiculous waste of manpower.
Ritious bust Garda. Well done.
Well, there goes my idea for opening whitecastle in tallaght
Millions of euros in lost tax every year.
Could the Garda not wait for someone to be home before they raided the house
Amazing how the seizures of cannabis increase as the new college terms start. Any correlation?
Shut up Crime
Sometimes when people are on the bus or wearing gloves they accidentally hit the red thumb
Wearing gloves in this weather? Hand in your man-card at the next available opportunity
Oh you big brute you!
Its insane to have a drugs siezure of any size and not arrest those responsible. Personally im in agreement with legalising weed, but if its against the law and the gardai have put the effort into a seizure the least I would expect is good intell before shutting it down.
Free them – put yourselves in jail :)
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