On a light note to finish the week and for those of you who think the NAMA website looks like it was put together by a class of senior infants, you might be interested to know that it was revealed in the Oireachtas yesterday that the annual cost of maintaining, operating and monitoring the five NTMA web sites, including NAMA’s, is €2,457 – so I suppose €500 a year or thereabouts for the NAMA.ie website.
For one of the world’s biggest property funds, it looks a little basic and if NAMA is going to attract investors to marry up with distressed developers or promote itself overseas or sell off property (albeit through third parties) then it might be worth throwing a few bob at it to bring it up to a standard that won’t unsettle its intended audience. NAMA of course will execute much of its business through third parties, but even so…
You might like to look at http://www.planware.org/briansblog/2010/05/namas-website.html
to see how the c. €500 was spent on Nama’s website.