Nama’s sale of its 20 per cent stake in the Poolbeg SDZ has put paid to the affordable homes required in the scheme, so the state must buy the homes and suck up the difference
The agency said that subject to market conditions, it intends to transfer €350m to the exchequer this year, bringing the total paid to the State to €4.25bn
NAMA records profit of €7m in first quarter rte.ie - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from rte.ie Daily Mail and Mail on Sunday newspapers.
Dublin City Council rejects proposed 570-unit Poolbeg development over lack of affordable housing independent.ie - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from independent.ie Daily Mail and Mail on Sunday newspapers.