Baker Tilly were appointed administrators for Regatta Quay by Ireland's National Asset Management Agency.

BBC: Ipswich 'wine rack' work on hold until flats are sold

An outstanding loan on the site was transferred to the Irish Government's National Asset Management Agency (NAMA).

BBC: County Down eyesore set for demolition

The Irish government's National Asset Management Agency (Nama) has said it will try to revive Northern Ireland's commercial property market.

BBC: Nama to offer NI investors loans

Initially repossessed by the former Anglo Irish Bank, it eventually came under the control of the Irish government's National Asset Management Agency (Nama).

BBC: Clients repaid fraction of Belfast investment

The Irish government's National Asset Management Agency (Nama) has effectively repossessed an English shopping centre that was owned by two of Northern Ireland's wealthiest property developers.

BBC: Nama HQ

Its loans will be transferred to the National Asset Management Agency (Nama), the Irish "bad bank" responsible for recovering the value of problematic loans made by other Irish banks.

BBC: Anglo Irish Bank debt deal gets ECB clearance

They acquired Claridge's, the Connaught and Berkeley from the National Asset Management Agency (Nama), the Irish government agency created to manage the toxic property loans of its bust banks.

BBC: Barclay brothers buy London hotel Claridge's from Irish

But as Ireland's National Asset Management Agency known as NAMA picks up the pace of its sales efforts, a group of supporters is emerging in the real-estate industry who say it has done the best job possible, given the terrible hand it was dealt.

WSJ: Ireland 'Bad Bank' Tries to Make Good With Sales