NAMA Issues End of Year Review for 2014

NAMA has issued their end-year summary of progress made in 2014 and on a number of its key objectives and targets:

€8.6 billion in cash generation in 2014 (€23.7 billion total cash generated from inception to date)
€7.8 billion in loan and assets sales in 2014 (€18.7 billion total asset sales from inception to date)
€9.1 billion in Senior Bond redemptions in 2014 (€16.6 billion or 55% of all NAMA Senior Bonds redeemed to date)
Involved in a number of substantial planning applications lodged to Dublin City Council in respect of Docklands’ SDZ for up to 1m sq.ft of commercial space
More than 1,000 new homes funded by NAMA delivered in Dublin area in 2014
1,000 Irish jobs saved a result of NAMA supporting companies through Examinership
Over 1,000 social housing homes provided by end-2014

NAMA has sold €18.7bn in loan and assets sales with €7.8bn sold last year alone, its end-of-year summary shows.