The word on the street last month was that KPMG International was close to agreeing a deal whereby Treasury Holdings loans would be bought from NAMA, but it seems that for the time being at least Treasury is continuing to negotiate with NAMA. One of Treasury’s main corporate vehicles which it majority owns, Real Estate [...]
Archive for June 23rd, 2011
For a company with €1bn negative shareholder equity, Treasury Holdings vehicle REO is surprisingly upbeat in its latest financial report
Posted in Developers, Irish Property, NAMA, Non-Irish property on June 23, 2011 | 11 Comments »
NAMA CEO provides update on agency’s progress
Posted in Developers, Irish Property, NAMA, Non-Irish property on June 23, 2011 | 5 Comments »
This morning, the NAMA CEO, Brendan McDonagh delivered a speech in Limerick to the Chartered Accountants in Ireland (CAI). The transcript should be available here shortly – UPDATE: available here now. There doesn’t seem to have been any significant change to the update speech delivered by the NAMA chairman, Frank Daly at the British Irish [...]
“What do you want me to do, ring up the Élysée and say I’m here I need to speak to you?” Yes Enda, that’s EXACTLY what we want you to do.
Posted in IMF, Irish economy, Politics on June 23, 2011 | 26 Comments »
It’s probably not that important what will be on the menu for dinner this evening in Brusselsat what was originally going to be a Greek-focussed summit of EU prime ministers, but it would certainly be helpful to see the seating plan. The invitation to the summit from EU council president, Herman van Rumpuy is here. [...]
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Recent Posts
- Northern Ireland’s residential property price collapse – the worst in the world?
- Are we recovering?
- NAMA’s report and accounts for Q4,2011
- 30-minute guide to the ESM and Fiscal Compact treaties
- Fiscal Compact referendum – final weekly review
- NAMA in negotiations to build major new office block in central Dublin
- NAMA tackled about its protocols for the disposal of assets amid concern at Cork sale
- Of the Week..
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Recent Comments
JP on Northern Ireland’s residential… Jake Watts on Northern Ireland’s residential… who_shot_the_tiger on Northern Ireland’s residential… who_shot_the_tiger on Northern Ireland’s residential… gerhard dengler on Are we recovering? Twitter Updates
- @OwenCallan Thanks! How many negatives make for a downgrade, I suppose. An Taoiseach says it *will* be just one more. 1 hour ago
- Northern Ireland’s residential property price collapse – the worst in the world? wp.me/pNlCf-2Es 7 hours ago
- @brianmlucey @declanganley @GTCost The IRL experience is that some patients should be let die. 9 hours ago
- @joehas @declanganley @brianmlucey @GTCost I get the impression it's forcing itself back on the table after Bankia. 9 hours ago
- @declanganley @brianmlucey @GTCost You set up a NAMA to suck out the poison OR hope the patient fends for themselves OR let the patient die 9 hours ago
- @OwenCallan Hi Owen! Has any ratings agency said it *will* downgrade IRL if there is a no vote;All S&P said no wd be credit neg in s-term 11 hours ago
- PIIGS yields mixed;SPN/ITA up at 6.5/5.7% as Bankia gets €19bn bailout; what’s SPN for “cheapest bailout in history” wp.me/PNlCf-19r 15 hours ago
- @YJB57 You never know! Peter Mathews giving a candid assessment of the Compact before Thursday could just be this vote's black swan event. 16 hours ago
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