NAMA to bring five major portfolios of Irish property to the market in Q4 2014
The National Asset Management Agency (NAMA) has announced that it will bring five Irish property portfolios, with a combined value of approximately €600m, to the market in Q4 2014. The portfolios will comprise offices, shopping centres, hotels and apartments. This announcement is in line with NAMA’s publicly stated intention to bring property portfolio sales with a minimum value of €250m to the market each quarter.
The portfolios for sale will consist of:
- Two portfolios of Dublin offices, one of which will include prime offices at 4-5 Grand Canal Square
- One retail portfolio, comprising five regional shopping centres
- One residential investment portfolio, comprising approximately 600 apartments spread across seven locations in Dublin
- One hotels portfolio, comprising a number of regional hotels
