Deprecated: Function session_register() is deprecated in /home/sites/ on line 88 Firefighters tackle blaze at Nama-owned Coleraine pub
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Firefighters tackle blaze at Nama-owned Coleraine pub

  • 9-18-2011

A number of homes were evacuated in Coleraine overnight as firefighters dealt with a blaze at a former pub.

They were called to the town's Park Street just before midnight on Saturday.

The former pub is owned by National Asset Management Agency or Nama.

At its height, 40 firefighters and eight appliances were involved in tackling the blaze, which destroyed the main part of the derelict building.

The police say it is not yet clear if the fire was started deliberately.

The National Asset Management Agency was set up to buy and manage mainly bad property loans held by Dublin-based financial institutions.

Its aim is to remove bad or impaired assets from the banks' balance sheets, allowing them to rebuild their financial strength.

It is thought that about 4.8bn euros of the property-related assets being looked after by Nama are located in Northern Ireland.

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Reproduced under licence from BBC News © 2011 BBC

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