Ireland's National Asset Management Agency to cash in its UK loan portfolio

NAMA's premature withdrawal from the UK would unleash properties worth nearly €9bn on the London market Ireland's bad bank, the National Asset Management Agency, is to ditch all its London property by 2013 in what could be the biggest ever fire sale of trophy buildings in the capital . It will sell or refinance the entire €19bn (£16.5bn) portfolio of properties it controls after being charged ...

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Source: Guardian Unlimited

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