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'No deal yet' for NAMA and Central Bank on Anglo HQ

NAMA says no deal has yet been sealed to sell the incomplete shell of what was to be the new Anglo Irish Bank HQ in Dublin to the Central Bank.

A spokesman for the agency said an online report yesterday that indicated agreement had been reached was incorrect.

NAMA and the Central Bank have been engaged in talks for a number of months over whether the financial institution might acquire the skeletal building, where work came to an abrupt halt in October 2008, just a couple of months before Anglo Irish Bank was nationalised.

Negotiations

A spokesman for the Central Bank said yesterday that the institution wouldn't comment on any specific negotiations, but said that no plans had been formalised for the institution's long-term accommodation needs.

US bank BNY Mellon also expressed an interest in acquiring the planned Anglo HQ, whose incomplete frame has become a potent symbol of Ireland's bust. A number of other potential buyers had also expressed an interest.

The Central Bank, which has its main premises on Dublin's Dame Street, also has offices in the International Financial Services Centre and on Harcourt Street in the capital.

It wants to house its 1,500 staff in one location. A move to the eight-storey Anglo building would result in the Dame Street premises -- which needs extensive refurbishment -- being vacated.

Irish Independent