Sunday 25 September 2016

Nama plans to sell €6bn of assets - report

Published 26/11/2015 | 12:55

The Treasury Building on Grand Canal Street Lower where NAMA is based. Photo: Tom Burke
The Treasury Building on Grand Canal Street Lower where NAMA is based. Photo: Tom Burke

Nama plans to sell two portfolios of assets with a combined face value of €6bn, Bloomberg reported.

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Three people with knowledge of the plan said the assets would be sold at a discount after being split into two blocks of €3bn each.

A Nama spokesman declined to comment. The sale comes as Nama seeks to wind down its stock of debt secured on commercial property.

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