Luxury group LVMH ready to splash out €350m in acquiring Daly's three Bond St outlets
NAMA is understood to have triggered the sales, although the agency declined to comment on reports in the UK last night.
The move will help the chain to control its rent by buying the freehold.
Mr Daly and NAMA have been in legal dispute throughout 2011, with Mr Daly claiming the agency has exceeded its powers by calling in loans held by Mr Daly and members of his family.
They also failed to get declarations that the agency and the bank were not entitled to seek repayment of €457m.
During the case, the court heard Mr Daly had transferred €80m in assets, including €17m in cash, to his wife for tax reasons.