Kenny anxious to stop developers getting NAMA properties cheaply

The Taoiseach Enda Kenny has said he is concerned that some developers who have had properties taken into NAMA are trying to get them back at knock-down prices.

Enda Kenny was speaking at the British Irish Parliamentary Assembly in Cork where concern was expressed that NAMA may 'fire-sale' properties North of the border.

The Taoiseach said, while it is important that the market is re-started, he does not want developers getting their hands on properties too cheaply.