Pearse Doherty (Donegal South West, Sinn Fein) | Oireachtas source

Okay. The report was rubbished by CBRE in its March 2008 bi-monthly report, which Ms Hunt said in her evidence is the best known report. It states:

... we fundamentally disagree with flawed analysis issued by UBS in recent weeks which suggested that total returns in the Irish commercial property market have the potential to decline by 30%.

Unlike the UK market, where institutions dominate, the bulk of investment property, in Ireland it is privately held and unlikely to be offered for sale unless market conditions improve.

Can Ms Hunt remember the bi-monthly report that rubbished the UBS report?