Mr. Barry O'Leary:

Nationally, IDA Ireland has expressed a view about the shortage of reasonable scale office buildings on the basis that there are three large projects which, between them, will require approximately 320,000 sq. ft. There is a good stock of buildings but not all of it is immediately useable because it is of a different era. In other words, the required square footage may be available, but it is not suitable for the technology sector. We continue to have discussions with NAMA in that context on a national level. In certain areas there are particular problems which require the system to move in terms of construction. For example, in terms of the construction of a building of 100,000 sq. ft. in, say, the docklands, design, construction and fit-out would take some time. We are confident, however, that we will continue to bring in significant foreign direct investment, but we need available space. It is a work in progress.