NAMA British loan sell-off

NAMA could sell off all of its British property loans within two years, according to its head of lending and corporate finance Graham Emmett, marking a rapid acceleration of its sales plans there.

The decision would bring about €9 billion of property onto the market there, compared to the €2.5bn of loans it was originally planning to sell by the end of 2013.

A NAMA spokesman said it would “explore opportunities to dispose of assets in all markets over the coming years and would not restrict its disposals agenda to any one area or country”.