NAMA fire sales aim to breathe life back into market... Thousands chase property at knockdown prices as NAMA puts houses, farms, pubs and apartments up for sale. BARGAIN hunters came out in force yesterday after bad bank NAMA put nearly 1,000 properties up for sale in the largest single sell-off in the history of the State. The prospect of picking up a farm, pub, quarry, three-bed semi, hotel, apartment -- even an airport -- sparked an unprecedented wave of interest within hours of the list being published. NAMA chiefs even promised to finance some of the sales as the agency announced losses of €1.18bn on dealings for last year. It also revealed the extent to which NAMA is to recover money from reluctant debtors. In one case -- and as late as this week -- it seized jewellery worth €200,000 that had been given to a developer's partner. NAMA bosses insisted they were not running a fire sale and kept asking prices and bids received a closely guarded secret last night. Bu...
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