Bloomberg News

NAMA Says ‘Certain Amount of Dumping’ in Real Estate Market

October 26, 2011

Oct. 26 (Bloomberg) -- National Asset Management Agency Chief Executive Officer Brendan McDonagh said a “certain element of dumping is going on” in the Irish real estate market.

“We’re looking very closely on what banks are trying to deleverage in the Irish market,” he said at a parliamentary committee hearing in Dublin today.

To contact the reporter on this story: Joe Brennan in Dublin at

To contact the editor responsible for this story: Dara Doyle at

Race, Class, and the Future of Ferguson

(enter your email)
(enter up to 5 email addresses, separated by commas)

Max 250 characters

blog comments powered by Disqus