Oireachtas Joint and Select Committees

Thursday, 22 June 2017

Public Accounts Committee

Business of Committee

9:00 am

Mr. Seamus McCarthy:

There have been significant changes, such as leases that ran out and were not renewed and new properties taken on. It is something I am looking at and may produce a report on it. There has been turnover of the portfolio, particularly if there were break clauses in leases. If the OPW had been locked into an upward only rent review it might take the opportunity to avail of a break clause to end it, but obviously it needs to go into the market and acquire other property to accommodate Departments.

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