The National Asset Management Agency has secured tenants for 4,000 previously unoccupied apartments.
The total rent from its residential properties is €100m, NAMA's chief executive Brendan McDonagh said today.
He made his comments in a speech to the Construction Industry Federation today.
Mr McDonagh said the oversupply of property was becoming less of a problem in centres of economic activity.
He also said the prospects for commercial property was more positive now than any other time in the past five years.
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Many international investors were returning with an interest in Irish debt and property assets, he told the conference.
