NAMA To Sell Five Irish Property Portfolios

The National Asset Management Agency (NAMA) has announced that it will sell five Irish property portfolios, with a combined value of approximately €600m, over the next three months.

The portfolios will comprise of offices, shopping centres, hotels and apartments.

The portfolios for sale will consist of:

• Two portfolios of Dublin offices, one of which will include prime offices at 4-5 Grand Canal Square

• One retail portfolio, comprising five regional shopping centres

• One residential investment portfolio, comprising approximately 600 apartments spread across seven locations in Dublin

• One hotels portfolio, comprising a number of regional hotels.

The announcement was made by NAMA Chief Executive Brendan McDonagh at a conference hosted by the Construction Industry Federation (CIF) in Dublin today.


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