Written answers
Wednesday, 14 September 2011
Department of Finance
Departmental Properties
9:00 pm
Seán Fleming (Laois-Offaly, Fianna Fail)
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Question 98: To ask the Minister for Finance the levels of reductions in rents achieved by the Office of Public Works in 2011 in view of the current economic circumstances; the locations at which this related to rents with an upwardly only rent review clause and properties that did not have such a review clause; and if he will make a statement on the matter. [23417/11]
Brian Hayes (Dublin South West, Fine Gael)
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So far this year, the Office of Public Works has achieved rent reductions to the value of €1,494,346.87 in relation to the leased properties listed below.
LOCATION | BUILDING NAME | OLD RENT | NEW RENT | SAVINGS PERANNUM | UPWARD RENT CLAUSEY/N |
CAVAN | Cavan Gov Office Elm House | €29,920.00 | €24,684.00 | €5,236.00 | N |
DOWRA | Dowra Garda Station Shannon Bridge | €13,000.00 | €11,440.00 | €1,560.00 | N |
ENNIS | Ennis Education Office | €100,000.00 | €70,000.00 | €30,000.00 | N |
MALLOW | Mallow Farm Development Service | €11,000.00 | €8,250.00 | €2,750.00 | N |
DUBLIN 02 | Molesworth Bldg Setanta Centre | €2,267,000.00 | €1,145,000.00 | €1,122,000.00 | Y |
DUBLIN 02 | Statoil Building | €373,500.00 | €215,000.00 | €158,500.00 | N |
LOCATION | BUILDING NAME | OLD RENT | NEW RENT | SAVINGS PER ANNUM | UPWARD RENT CLAUSEY/N |
DUBLIN 22 | Clondalkin Education Office | €86,000.00 | €50,000.00 | €36,000.00 | N |
DUBLIN AIRPORT | Dublin Airport Pier B | €5,212.00 | €1,904.45 | €3,307.55 | N |
GALWAY | Galway Education Office | €180,000.00 | €90,000.00 | €90,000.00 | N |
GALWAY | Galway Probation & Welfare Service | €31,144.00 | €27,068.28 | €4,075.72 | Y |
GALWAY | Galway Probation & Welfare Service | €42,334.50 | €34,274.04 | €8,060.46 | Y |
PORTLAOISE | Portlaoise Furniture Store | €2,031.58 | €1,800.00 | €231.58 | N |
CLAREMORRIS | Claremorris SWO | €8,913.56 | €5,000.00 | €3,913.56 | N |
CLAREMORRIS | Claremorris Temporary Decentralisation Office | €68,712.00 | €40,000.00 | €28,712.00 | N |
Total Saving | €1,494,346.87 |
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