Central Banking

Irish central bank may help fund ‘comprehensive’ database of commercial real estate

Database on Irish commercial real estate to be operational by 2018, ‘bad bank’ says

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The Central Bank of Ireland

Ireland's central bank may help fund a "comprehensive" database of the country's commercial real estate sector, it emerged today (January 5).

The country's National Asset Management Agency (Nama) said in a statement that it had, alongside the Central Bank of Ireland, agreed to "co-fund" the establishment of a commercial property statistical system (CPSS).

The system would be maintained and updated by a third Irish government agency, the Central Statistics Office (CSO), Nama added. The central

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