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800 apartments, houses, pubs, hotels in NAMA sale

Moyvalley, county Kildare - one of the NAMA properties in firesale
Moyvalley, county Kildare - one of the NAMA properties in firesale

NAMA has launched a firesale of 850 properties across Ireland and the UK including pubs, office blocks, five start hotels and golf courses.

The list available here involves property now its control and put into receivership and represents about a tenth of the total number of property loans in NAMA.

NAMA’s was inundated with calls from potential buyers after it revealed the list for the first time.

The majority of the properties - 220 - are in Dublin, followed by 80 in Cork, and 52 in Limerick. The assets are made up mostly of residential units and development properties.

Some 32% are in the UK and include prime sites on New Bond Street, Leicester Square and Canary Wharf in London along with pubs in Somerset and Devon.

There are apartment blocks across Dublin including in the IFSC, shops on Grafton Street and Drury Street, shops and pubs on nearby South William Street and a house on Ailesbury Road and another on Raglan Road in Dublin 4. There are also several offices up for grabs on Pembroke Road, the main approach road to Ballsbridge.

Down the road near Google’s headquarters in Barrow Street is an office block plus several homes on South Lotts Road and Ringsend.

Almost 30 hotels and golf clubs are included in the enforcement action, including Fota Island in Cork, Portmarnock Hotel and Golf Links in Dublin, and The Heritage in Laois.

The majority of hotels taken over are in Dublin (seven), followed by Limerick (three) and two each in Meath and Cork. Weston Airport in Kildare was also among the properties that NAMA has moved on.

The agency has also taken control of 78 assets in Northern Ireland and 193 in Britain. In Britain, the majority of properties are developments (50), followed by pubs (37), retail units (35), and residential units (30).