The National Asset Management Agency has said that it has added 44 properties in March to bring to 1,195 the total amount of properties now listed as being subject to an enforcement order, some of which are for sale.

Properties that are listed as “not for sale at present” will be offered for sale by the relevant receiver as soon as is practicable and in line with NAMA strategy for the properties.

The properties to which receivers were appointed during March include a mix of residential, development, commercial and agricultural assets located in Ireland, Northern Ireland and Britain.

NAMA has now completed its evaluation of business plans covering 99% of loans on its balance sheet.

Its website has been updated, listing all properties that are subject to an enforcement action by the agency.

In its statement it says it encourages potential purchasers who may be interested in properties listed on this site to submit expressions of interest to the relevant receivers or, where applicable, sales agents.

NAMA says that its priority is to maximise the return for the taxpayer.

It will work with debtors, it says, where there is a clear benefit in terms of maximising value from loans and associated properties and where the developer is willing to co-operate with the agency in achieving this objective.

The enforcement approach is adopted only after all other options have been considered.

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