Menu
01/08/2012
NAMA Launch Vacant Property Scheme
The National Asset Management Agency (NAMA) is stepping up efforts to free vacant properties around the country for social housing.
NAMA has reportedly set up a new firm called Nama Asset Residential Property Services Limited, to acquire the target of almost 2,500 properties by the end of 2013.
Fewer than 60 properties have been freed up for social housing since NAMA was set up three years ago.
It will take possession of properties deemed suitable, allowing the original owner to reduce what they owe on the NAMA loan.
NAMA will then lease the property directly to the local authority or housing organisation.
(CD/GK)
NAMA has reportedly set up a new firm called Nama Asset Residential Property Services Limited, to acquire the target of almost 2,500 properties by the end of 2013.
Fewer than 60 properties have been freed up for social housing since NAMA was set up three years ago.
It will take possession of properties deemed suitable, allowing the original owner to reduce what they owe on the NAMA loan.
NAMA will then lease the property directly to the local authority or housing organisation.
(CD/GK)
Related Irish News Stories
Click here for the latest headlines.
23 June 2015
Sinn Féin Accuse Govt Of Attempt To 'Bribe' Private Property Developers
Sinn Féin has accused the government of attempting to "bribe" private property developers with land giveaways under new Fine Gael/Labour housing strategy proposals. The party's housing spokesperson, Dessie Ellis, criticised the proposals and said that government was "failing to meet their own miserably low targets for new housing".
Sinn Féin Accuse Govt Of Attempt To 'Bribe' Private Property Developers
Sinn Féin has accused the government of attempting to "bribe" private property developers with land giveaways under new Fine Gael/Labour housing strategy proposals. The party's housing spokesperson, Dessie Ellis, criticised the proposals and said that government was "failing to meet their own miserably low targets for new housing".
22 January 2015
NAMA Urged To Release Housing
NAMA is being urgedto release property to thousands of homeless people in the North Central area. Sinn Féin's Denis Mitchell said the current housing waiting list is "unacceptably high". She said: "I see families everyday desperately waiting on adequate housing for their families. I see parents looking for a safe place to raise their children.
NAMA Urged To Release Housing
NAMA is being urgedto release property to thousands of homeless people in the North Central area. Sinn Féin's Denis Mitchell said the current housing waiting list is "unacceptably high". She said: "I see families everyday desperately waiting on adequate housing for their families. I see parents looking for a safe place to raise their children.
12 April 2018
Property Prices Rise By 13% In The Year To February
Residential property prices have risen by 13% in the year to February, according to statistics published by the Central Statistics Office (CSO). There has also been a 12% increase in the year to February, and a 9.7% increase in the 12 months to February 2017. In the year to February in Dublin residential property and house prices have risen by 12.
Property Prices Rise By 13% In The Year To February
Residential property prices have risen by 13% in the year to February, according to statistics published by the Central Statistics Office (CSO). There has also been a 12% increase in the year to February, and a 9.7% increase in the 12 months to February 2017. In the year to February in Dublin residential property and house prices have risen by 12.
17 September 2009
Shares Rise As NAMA Debate Continues
The market has reacted positively to the ongoing debate on the National Asset Management Agency, (NAMA). This morning, shares in Irish banks rose in early trading with AIB up 29% in the first 20 minutes of trade in Dublin this morning, to stand at €3.40. Bank of Ireland shares also gained rising almost 17% to stand at €3.
Shares Rise As NAMA Debate Continues
The market has reacted positively to the ongoing debate on the National Asset Management Agency, (NAMA). This morning, shares in Irish banks rose in early trading with AIB up 29% in the first 20 minutes of trade in Dublin this morning, to stand at €3.40. Bank of Ireland shares also gained rising almost 17% to stand at €3.
22 October 2014
NAMA Questioned Over Sale Of Property Assets
The Minister for Finance is being urged to attend a debate in the Seanad in relation to NAMA's strategy of selling off property assets while the property market is still in recovery. Labour Senator Lorraine Higgins said this will result in the Irish taxpayer missing out on potentially higher revenue from property deals.
NAMA Questioned Over Sale Of Property Assets
The Minister for Finance is being urged to attend a debate in the Seanad in relation to NAMA's strategy of selling off property assets while the property market is still in recovery. Labour Senator Lorraine Higgins said this will result in the Irish taxpayer missing out on potentially higher revenue from property deals.
-
Ireland WeatherToday:Gale, coastal severe gale, northwest winds ease from late afternoon. Scattered showers will fall as snow over the hills at first, becoming isolated from mid-afternoon. Maximum temperature 7 °C.Tonight:Showers, scattered in the evening, will clear by midnight leaving the night dry with clear spells. Cloud will spread east towards morning. Minimum temperature 2 °C.
