NAMA Mulls Property-Financing Plan

Ireland’s National Asset Management Agency is looking into ways of boosting the country’s property market by providing financing for commercial and residential property deals, according to Frank Daly, NAMA’s chairman, reports FinFacts.

Ireland’s National Asset Management Agency is looking into ways of boosting the country’s property market by providing financing for commercial and residential property deals, according to Frank Daly, NAMA’s chairman. Daly also said that “quite a number of properties” will be going on the market through the end of this year and into 2012 in addition to the €2.7 billion ($3.9 billion) of property assets that NAMA has already approved for sale.

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