NAMA chief executive Brendan McDonagh has today welcomed the announcement by An Bord Pleanála of its approval for the Dublin Docklands SDZ planning scheme.
Mr McDonagh said: “NAMA has been very supportive of the Docklands SDZ ever since it was announced in December 2012.
“An Bord Pleanála’s timely decision, and that of Dublin City Council in the preparation of the Scheme, means that the development of properties in the Docklands SDZ area under the control of NAMA receivers and debtors can now be accelerated over the coming years, to meet the emerging supply shortages in office and residential accommodation in the centre of Dublin.
“The decision marks a key milestone in the necessary development of the Docklands area, thereby enabling the maximisation of economic and commercial benefits to NAMA and the Irish economy”.