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NAMA's legal fees were 25% lower in 2019 when compared to the previous year

NAMA paid €5.65m in legal fees last year

Dublin-based legal firm McCann Fitzgerald last year received €1.54m in legal fees from the National Asset Management Agency.

Business • 14 May 20

The loans in Project Nantes changed hands for €27m, when they could have fetched €56m, the C&AG found

C&AG report criticises NAMA loan sale

A report by the Comptroller and Auditor General has criticised the National Asset Management Agency (NAMA) for failing to properly evaluate a series of loans sold in 2012 that led to them being disposed of for about €29m less than they perhaps could have been.

Business • 19 Mar 20

One person at the NTMA and one at NAMA earned over €400,000

265 staff at NAMA and NTMA earned over €100,000 in 2019

The number of staff earning over €100,000 in remuneration at the National Asset Management Agency (NAMA) and the National Treasury Management Agency (NTMA) went up by four to 265 last year.

Business • 11 Feb 20

NAMA is seeking bids of more than €125 million for the stake in the site at Poolbeg

NAMA to select bidder for Poolbeg site by end of March

The National Asset Management Agency (NAMA) plans to have selected a preferred bidder for a controlling stake in the former Irish Glass Bottle site in Dublin by the end of March next year.

Business • 23 Oct 19

The Department of Finance's second review of NAMA said the agency should continue its work up to 2025

NAMA wind-down date extended from 2021 to 2025

The Minister for Finance had recommended that NAMA should continue to manage its loan book beyond the agency's expected 2021 wind-down date so as to deliver the best financial return for the taxpayer.

Business • 25 Jul 19

Section 172 is there to assure taxpayers that developers can not buy back their properties

PAC hears of flaw in NAMA law

A flaw in the law prohibiting the resale of properties by NAMA to the developers that originally controlled them has been exposed at the Public Accounts Committee.

Politics • 21 Jun 19

New PAC report says that NAMA's failure to check if a loan is being taken out by an original buyer is 'unacceptable'

PAC says NAMA should put new check system in place

The Public Accounts Committee has said that NAMA's failure to check if a loan is being taken out by an original buyer is "unacceptable".

Business • 13 Mar 19

Cairn Homes chief executive Michael Stanley

Cairn Homes agrees second deal with NAMA

Cairn Homes has entered into a joint venture with the National Asset Management Agency to build more than 550 houses and apartments on a 14.5 half acre development site off the Malahide Road in Dublin.

Business • 22 Jan 19

NAMA has generated cash of €44 billion from its operations since its inception

NAMA generated €3.3 billion in cash in 2018

NAMA generated €3.3 billion in cash in 2018, according to an end of year summary of the agency's progress.

Business • 03 Jan 19

The credit spread between Irish and German debt has grown in recent weeks as investors see greater risk due to Brexit

Brexit may make Irish debt more expensive in 2019: NTMA

Fears around the impact of Brexit may make it more expensive for Ireland to borrow in 2019, according to the National Treasury Management Agency.

Business • 21 Nov 18

NAMA CEO Brendan McDonagh was before the Public Accounts Committee today

NAMA has limited room for manoeuvre on house funding

The chief executive of NAMA has said the agency has limited room for manoeuvre when to comes to funding private residential housing development.

Business • 20 Sep 18

The 5.91-acre site has planning permission for 347 residential units, with a planning application for over 330,000 sq ft of office space pending

One of last Dublin Docklands sites on market for €110m

One of the last remaining development sites in Dublin's Docklands and within the Strategic Development Zone (SDZ) has been put up for sale with a guide price of €110m.

Business • 09 May 18

Frank Daly said they had 'delivered NAMA's core objective'

NAMA to pay off remaining senior debt ahead of schedule

The National Assets Management Agency is paying off all the debt, which had been guaranteed by the taxpayer, three years ahead of schedule.

Nama • 20 Oct 17

The Caon House Hotel is up for sale with a price tag of €60m

Carton House Hotel up for sale

Carton House Hotel in Co Kildare is being sold with an asking price of €60m.

Business • 12 Jul 17

Project Tolka was not put on open market before its sale

Call for investigation into NAMA sale of Project Tolka

There has been a call to investigate the sale of a NAMA portfolio after it emerged it was sold without being put on the open market.

Business • 14 Apr 17

Minister for Finance Michael Noonan was responding to a question by Sinn Féin's Pearse Doherty

Noonan indicates Project Eagle inquiry will be set up

Minister for Finance Michael Noonan has indicated that a Commission of Investigation will be established into the sale of NAMA's Northern Ireland portfolio, Project Eagle.

Business • 04 Apr 17

The Public Accounts Committee, with the exception of Fine Gael members, have criticised Finance Minister Michael Noonan

David Murphy: Noonan ill-advised on fund meeting

Finance Minister Michael Noonan is in the final lap of his career.

Business • 03 Apr 17

Sean Fleming said senior people in Leinster House said they would prevent the report from being issued if they were unhappy with it

PAC chair says he was pressured to limit NAMA report

The chairman of the Public Accounts Committee has said three individuals attempted to put pressure on him to limit the committee's report on the sale of the Project Eagle loan book by the National Assets Management Agency.

Politics • 30 Mar 17

Enda Kenny questioned why the PAC did not ask Michael Noonan about the issue during a hearing

Kenny says Noonan acted appropriately on Project Eagle

Taoiseach Enda Kenny has said Minister for Finance Michael Noonan's acted "entirely appropriately" with regard to the National Asset Management Agency's Northern Ireland loan book.

NAMA • 15 Mar 17

The PAC report also finds it was not as it put it 'procedurally appropriate' for Minister for Finance Michael Noonan to meet with Cerberus

Project Eagle sale strategy was 'seriously deficient'

The Oireachtas committee that examined the sale of NAMA's Northern Ireland loan book known as Project Eagle has concluded the agency's strategy was "seriously deficient".

Business • 14 Mar 17

The Fine Gael members objected to a line about Michael Noonan in the report

FG votes against PAC's NAMA report over Noonan line

Fine Gael members of the Public Accounts Committee have voted against its final report on the sale by NAMA of its Northern Irish loanbook.

News • 08 Mar 17

Richard Boyd Barrett raised questions about a site that was owned by CIE, and originally developed by Johnny Ronan's Treasury Holdings

Questions raised in Dáil about Johnny Ronan, NAMA

A TD has raised questions in the Dáil about property developer Johnny Ronan and the National Asset Management Agency.

Business • 01 Feb 17

Micheal Noonan said 'NAMA has answered every question that has been put to it by the C&AG and the PAC'

Noonan accused of rowing back on NAMA sale probe

Minister for Finance Michael Noonan has told the Dáil that he does not believe there are sufficient grounds at this time to hold a commission of investigation into the sale of Project Eagle by the National Assets Management Agency.

Business • 01 Feb 17

Frank Daly insisted that NAMA had run its business to the highest professional and commercial standards

NAMA chiefs defend handling of Project Eagle sale

NAMA has defended its handling of the sale of its Northern Ireland portfolio of properties, Project Eagle, and rejected the conclusions of the report on the matter by the Comptroller and Auditor General.

NAMA • 24 Nov 16

The issue of Project Eagle is being discussed by the Public Accounts Committee

Cerberus 'invested in Project Eagle in good faith'

The successful bidder for NAMA's Project Eagle loan book has said it is confident that no improper or illegal payments were made by it or any of it affiliates in connection with the controversial £1.3bn purchase.

News • 17 Nov 16