Oireachtas Joint and Select Committees

Tuesday, 18 October 2016

Public Accounts Committee

Special Report No. 94 of the Comptroller and Auditor General: National Asset Management Agency Sale of Project Eagle (Resumed)

10:00 am

Mr. Willie Soffe:

Commentators in the market have been saying that since the start of September. There was an article by one of the senior people in Savills which stated that property values in London are down 17% and that those in the rest of the United Kingdom are down by approximately 30%. From our experience in regard to the portfolio, there is every indication that those are the sort of figures we are talking about. Yes, it has had a significant impact on prices.

Comments

No comments

Log in or join to post a public comment.