Simon Coveney (Cork South Central, Fine Gael) | Oireachtas source

Absolutely. For example, there are very strategic and large landbanks in Cork, in particular, as well as Limerick and Athlone. These landbanks are often in city centres and will never really be used for commercial rail in the future. Obviously, Irish Rail must get a commercial rate of return for an asset that it owns and is on its balance sheet. It cannot simply write it off without all sorts of accounting consequences. However, I am of the view that we can put in place mechanisms to allow for a payment for a transfer of land that can recognise the commercial value to Irish Rail of such strategic landbanks. There are other State-owned bodies and companies as well, but Irish Rail is probably the best example, particularly in the case of my own city. I suspect Gormanston is another example. I am not familiar with it but we will look at it.

On the build-to-lease side, the NAMA NARPS model is-----