Thursday, May 19, 2011

SEÁN MULRYAN has become the latest of Ireland’s big property developers to reach agreement with the National Asset Management Agency on a business plan for his large portfolio of debt-laden property assets.

http://www.irishtimes.com/newspaper/finance/2011/0511/1224296698303.html

The National Asset Management Agency (NAMA) is a body created by the Government of Ireland in late 2009. It is in response to the Irish financial crisis and the deflation of the Irish property bubble.  NAMA works out of the Treasury Building in Dublin which features Aspiration - a woman scaling the wall symbolizing the struggle for freedom that took place on the site in 1916.

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