"We are very happy with the price secured for the asset," Brendan McDonagh, CEO, NAMA.
Source: Irish Examiner -
The Central Bank has officially bought the half-finished headquarters of Anglo Irish Bank.
A price was agreed between Central Bank bosses and state-run "bad bank" the National Asset Management Agency (Nama) which took ownership of the eight-storey empty shell after the Anglo bailout in 2009.
Nama chief executive Brendan McDonagh said the organisation was delighted with the sale, understood to be valued at around 7 million euro (£5.6m).
The sealed-off site where the skeletal building stands at Dublin’s North Wall Quay was once valued at 250 million euro but Nama put it on the market for between 8 and 10 million euro (between £6.4m and £8m).
Central Bank agrees to buy proposed Anglo Irish Bank HQ site, Irish Examiner, Thursday, May 31, 2012 – http://www.irishexaminer.com/breakingnews/ireland/central-bank-agrees-to-buy-proposed-anglo-irish-bank-hq-site-553705.html