Tenants feel ‘hopeless’ after receiving evictions connected to Nama’s wind-down

We call on the Irish Government and its agencies to stop State‑linked evictions at Spencer Dock and ensure our homes are sold with tenants in situ, not cleared and sold vacant. 

In Spencer Dock, Dublin 1, tenants living in apartments linked to legacy NAMA assets are facing eviction as liquidators move to sell off our homes. These units were once part of the State’s response to the financial crash; today, they are being treated as disposable assets, with real people told to get out so “clean” investment products can be delivered to the market. 

Throughout the complex 18 apartments have been identified as under the control of Madison Property Management, acting for Grant Thornton as liquidators. In October 2025, 8 households received Notices of Termination on “sale” grounds, and additional “soft terminations” have been reported where tenants were pushed to leave without formal notices. Some of these tenants had only just moved in when they were told they would have to go. 

This is happening against the backdrop of a severe housing crisis and new rental laws that are supposed to strengthen security of tenure from March 2026. Instead of using legacy NAMA assets to protect renters, the State is allowing liquidations to proceed in a way that appears to sidestep the spirit of protections like the Tyrrelstown Amendment. 

We believe this is wrong. State‑linked homes should not be cleared of tenants and sold with vacant possession while thousands of people struggle to find secure, affordable housing. 

We are calling on:

• The Minister for Housing, James Browne TD
• The Housing Activation Office (“housing tsar”), Garret Doocey
• The NTMA and any remaining NAMA/State stakeholders in these assets

To:

1. Halt evictions from the Spencer Dock legacy NAMA units while disputes are ongoing and policy options are considered.
2. Ensure that any sale of these apartments is carried out with tenants in situ, or through transfer to an Approved Housing Body or local authority, rather than clearing tenants to sell vacant units.
3. Provide full transparency on who now owns these homes, who will benefit from their sale, and what safeguards will be applied to protect tenants in similar State‑linked developments.

Spencer Dock should be a test case for how Ireland protects people in State‑linked housing, not another example of tenants being sacrificed to maximise disposal value.

Please sign to support our right to remain in our homes – and to send a message that State‑linked evictions are not acceptable