Cork has most residental zoned land sold by Nama

Minister for Finance Michael Noonan has confirmed the largest amount of residential-zoned land sold on by Nama has been in Cork city and county.

In a written Dáil reply to Anti-Austerity Alliance TD Ruth Coppinger, Mr Noonan said 5,601 acres have been sold on either through debtor sales or the disposal of loan portfolios secured by Nama in the country.

In the Cork region, more than 1,500 acres have been sold since Nama was set up.