Nama publishes roadmap for winding down by the end of 2025

The National Asset Management Agency will also transfer sites to another State body that will deliver around 4,000 new homes in the future

NAMA chief executive Brendan McDonagh said: 'We will finish the wind-down of the agency diligently.' File photo: Leah Farrell / RollingNews.ie

The National Asset Management Agency (Nama) has set out a roadmap for winding down operations by the end of this year which includes plans on exiting its remaining debtors as well as transferring remaining operations to other agencies.

Established in 2009, Nama was part of Ireland’s response to the banking and property crisis which sought to take over toxic bad debts from the nation's banks. Its objective was then to obtain the best achievable return for the State from these assets.