Nama unveils €2bn scheme to develop docklands

Nama will roll out €2bn to develop top-end office accommodation mainly around Dublin’s docklands in an effort to attract foreign direct investment.

The move is an attempt to meet growing demand among financial services companies and new technology firms, said the agency’s chairman Frank Daly.

Speaking at a lunch organised by the Association of European Journalists, Mr Daly said: “We hold security over a considerable number of properties and lands on both sides of the River Liffey and are currently assessing the commercial feasibility of a wide range of projects — not least those in the undeveloped part of North Wall Quay in the north Docklands.