NAMA lifts its expected surplus by half a billion to €3.5bn after 'landmark year'

NAMA has increased its projected lifetime surplus to €3.5bn as it reports an after-tax 2017 profit of €481m.

In its annual report published today, NAMA said it has funded 7,300 homes with another 3,800 under construction or approved for funding and another 7,500 units with planning permission secured.