O’Dwyer Property Management has been appointed to the National Asset Management Agency (NAMA) professional service provider panel, for the provision of property management services related to enforcement and insolvency.
The purpose of NAMA is to address the level of impaired property and development loans on the balance sheets of Irish banks. NAMA is established as a statutory body corporate with extensive powers to acquire, hold and manage bank assets underlying these loans. It is anticipated that NAMA will acquire bank loans with underlying assets worth approximately €90 billion.it is important to have the right exit strategy to maximise the value on these assets.
With over 20 years experience and expertise in Property & Facilities Management of Multi-Unitdevelopments, O’Dwyer Property Management provides a specialised Distressed Property Advice & Recovery Service led by our in-house team of experts. Looking ahead, it is clear that NAMA is set to dominate the landscape of property development activity in Ireland. read more...