Oireachtas Joint and Select Committees
Thursday, 26 March 2015
Public Accounts Committee
2013 Annual Report of the Comptroller and Auditor General and Appropriation Accounts
Dublin Docklands Development Authority: Annual Report and Financial Statements
10:00 am
Mr. John Crawley:
I would use a multiple of eight to ten as a proxy but at €60,000 per year in the market in which we were at the time, it was significantly over-rented. I think the economic market rent - I can say it now that the sale has closed - would have been closer to approximately €32,000 per annum if one looks at the rentals for similar properties at the time.
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