Nama drops plans for 400 apartments as PRS market has ‘almost disappeared’

  • 📰 IrishTimesBiz
  • ⏱ Reading Time:
  • 41 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 20%
  • Publisher: 77%

대한민국 뉴스 뉴스

대한민국 최근 뉴스,대한민국 헤드 라인

The National Asset Management Agency (NAMA) said on Thursday that it still expects to post a lifetime surplus of €4.5 billion by the time it is wound down in two years, after recording a drop in profits last year.

Savills said last month that there were only four investment deals in the Irish PRS sector in the first quarter, down from 13 for the same period in 2021. Aside from the impact of rising interest rates, it said investor interest had also been hit by “negative media attention and interventions”, rising construction costs and rental growth caps.

Nama has identified scope to deliver about 17,000 additional new homes, chiefly post 2025. However, these homes can be delivered only if they are commercially viable, with the necessary supporting infrastructure put in place by other parties and planning permission obtained, it said. The State-owned bad bank posted a net profit of €81 million last year, down from €195 million for 2021, to mark its 12th consecutive year of profitability.

Nama transferred €500 million from its surplus to the exchequer last year, bringing the total surplus of cash transfers to date to €3.5 billion. A further €1 billion surplus is projected before it is wound down by the end of 2025, subject to market conditions, it said. Some €350 million is on track to be transferred to the exchequer later this year.

이 소식을 빠르게 읽을 수 있도록 요약했습니다. 뉴스에 관심이 있으시면 여기에서 전문을 읽으실 수 있습니다. 더 많은 것을 읽으십시오:

 /  🏆 6. in KR
 

귀하의 의견에 감사드립니다. 귀하의 의견은 검토 후 게시됩니다.

대한민국 최근 뉴스, 대한민국 헤드 라인

Similar News:다른 뉴스 소스에서 수집한 이와 유사한 뉴스 기사를 읽을 수도 있습니다.

AMD to create almost 300 jobs in Ireland as it plans €124m investmentChipmaker is creating highly skilled jobs to support adaptive computing research, development and engineering operations in Ireland via IrishTimesBiz
출처: IrishTimesBiz - 🏆 6. / 77 더 많은 것을 읽으십시오 »