Nama generated €319m in cash from operations in 2023

Agency’s residential delivery programme delivered 420 new homes on Nama-secured sites during the year

The agency said it would post a profit for 2023. Picture: Sasko Lazarov/RollingNews.ie

The National Asset Management Agency (Nama) generated €319m in cash from its operations over the course of 2023 and will report a profit for the 13th year in a row as it edges closer to winding down.

In December, the agency transferred €350m from its lifetime surplus to the exchequer, with the value of all transfers now reaching €3.85bn. A further €400m has been so far paid through corporation tax.