Nama chief executive Brendan McDonagh and chairman Frank Daly at the launch of NAMA annual report 2013 in May
Donal O’Donovan, of the Irish Independent, reports:
NAMA is to invest up to €1.8bn to provide high end office space in the Dublin docklands area, the agency’s chief executive Brendan McDonagh said at an event in Dublin.
Infrastructure required by “cash strapped local authorities” and Irish Water is also being paid for by the agency, he said.
In order to plan housing investment the agency, along with the IBF, paid for the ESRI to undertake “serious research” that has established real demand out to 2030, he said.