Other Key Business Highlights 2014
Dublin Docklands SDZ
DEVELOPMENT LAND
NAMA holds an interest in 75% of the 22 hectares of developable land within the Dublin Docklands SDZ.
POTENTIAL APARTMENTS
It is estimated that up to 3.8m sq. ft. of commercial space and 1,950 apartments could be delivered in all the sites in the Dublin Docklands SDZ in which NAMA has an interest.
NAMA SDZ Activity
The planning application for the development of the landmark Boland’s Mill site in the south Dublin Docklands.
Planning applications for the development of 5 Hanover Quay, 6-8 Hanover Quay and 76 Sir John Rogerson's Quay.
The selection of a preferred bidder for the development of a key site located at 72-80 North Wall Quay.
Residential Development Funding
New housing supply
NAMA funded more than 40% of Dublin’s total new housing supply in 2014.
Social Housing
NAMA is facilitating local authorities and housing bodies to purchase and lease properties for social housing.
As part of this process NARPSL, a NAMA SPV, acquires residential units from NAMA debtors and receivers and leases them directly to approved housing bodies.
By end-2014, over 1,000 units were delivered under this initiative.
Facilitating Business and Employment in Ireland
NAMA is working with IDA Ireland and other State agencies to identify suitable properties for companies looking to establish or expand existing business operations in Ireland.
It is estimated that up to 3.8m sq. ft. of commercial space and 1,950 apartments could be delivered in all the sites in the Dublin Docklands SDZ in which NAMA has an interest.
NAMA has approved rent abatements with an annual aggregate value in excess of €23m.
NAMA has approved long-term rent reliefs worth €40m to support small and medium retail businesses throughout the country.