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where to find NAMA property portfolio list

  • 01-09-2010 11:09am
    #1
    the_dark_side
    Closed Accounts Posts: 595 ✭✭✭


    Hi... just wondering does anyone know where I can find a link for all the NAMA owned property. I can piece together bits from here and there online, but cant find a comprehensive listing anywhere. Any help would be appreciated


Comments

  • #2
    Cookie_Monster
    Registered Users, Registered Users 2 Posts: 24,537 ✭✭✭✭Cookie_Monster


    wouldn't that be "commercially sensitive" info?
    or at least the gov will class it as such to hide certain things


  • #3
    the_dark_side
    Closed Accounts Posts: 595 ✭✭✭the_dark_side


    Not so sure... maybe so, I can piece together some of the foreign properties like the Chicago Spire and the Battersea powerstation, but to get a detailed list, you would have to go through each of the developers in this list, and document each property development they owned. It could be done, but would take a while


  • #4
    dan_d
    Closed Accounts Posts: 2,819 ✭✭✭dan_d


    I get the impression there is no such comprehensive list.

    I would imagine things are a lot more entwined than just a list of developers and their various projects.

    It would be in the public's interest to have a list like that, therefore it's unlikely we'll see one any time soon.


  • #5
    The Raven.
    Closed Accounts Posts: 1,008 ✭✭✭The Raven.


    dan_d wrote: »
    I get the impression there is no such comprehensive list.

    I would imagine things are a lot more entwined than just a list of developers and their various projects.

    It would be in the public's interest to have a list like that, therefore it's unlikely we'll see one any time soon.

    The government are obsessed with keeping it a secret.

    http://www.irishtimes.com/newspaper/finance/2010/0628/1224273464280.html


  • #6
    P. Breathnach
    Registered Users, Registered Users 2 Posts: 12,089 ✭✭✭✭P. Breathnach


    NAMA does not own any significant amount of property. Most of its assets are loans that are secured on property.


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  • #7
    wiseguy
    Closed Accounts Posts: 370 ✭✭wiseguy


    You wouldn't find it because its all being kept a secret, S&P were right to call the portfolio worthless, how can a rating agency access the value of such an opaque instrument? last time they did that we ended up with subprime fiasco I hope they learned a lesson.


  • #8
    liammur
    Closed Accounts Posts: 3,461 ✭✭✭liammur


    A trip down to bertie's office could be a good place to start.


  • #9
    Seth Brundle
    Moderators, Politics Moderators Posts: 41,229 Mod ✭✭✭✭Seth Brundle


    The Raven. wrote: »
    The government are obsessed with keeping it a secret.
    They are hoping that everyone forgets all about NAMA


  • #10
    jdivision
    Registered Users, Registered Users 2 Posts: 4,260 ✭✭✭jdivision


    They're buying the loans that were used to finance the properties, not the properties themselves. They'll take control of some of the properties in the autumn when they launch legal actions against the developers who are effectively bust.


  • #11
    Seth Brundle
    Moderators, Politics Moderators Posts: 41,229 Mod ✭✭✭✭Seth Brundle


    ...which means that we get to own plots of land worth sweet FA but pay huge sums for them! The people who took the gambles on these properties will escape the pain due to them!


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  • #12
    the_dark_side
    Closed Accounts Posts: 595 ✭✭✭the_dark_side


    still... I think a catalogue of NAMA associated properties would be interesting document to obtain.... this way we'd have something to send to the European Commission to show them where the Anglo bailout money is really going, because you would have to wonder, do the people in charge of writing the bailout cheques at the ECB know half of whats really going on?


  • #13
    wiseguy
    Closed Accounts Posts: 370 ✭✭wiseguy


    Do they want to know? are you giving the ECB/EU too much credit?
    Right now Ireland (and Greece) are embarrassing thorns on the side of the euro/EU project, as usual in politics these things are preferably kept quiet and out of sight if possible. If NAMA was transparent the world would see what a failure FF are, and we can't have that now can we :(


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