Oireachtas Joint and Select Committees
Thursday, 5 October 2017
Public Accounts Committee
IDA - Financial Statement 2016
9:00 am
Mr. Martin Shanahan:
The building had a 65-year lease. It came into State ownership back in the 1980s. It passed from State agency to State agency, and it then passed to IDA. We did not have vacant possession. As the Deputy pointed out, it had a sitting tenant. It proved impossible to rent the remainder of that building and we exited the lease two years ago.
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