Oireachtas Joint and Select Committees
Thursday, 12 July 2018
Public Accounts Committee
2016 Annual Report of the Comptroller and Auditor General and Appropriation Accounts
Chapter 23: Accounts of the National Treasury Management Agency
National Treasury Management Agency: Financial Statements 2017
9:00 am
Kate O'Connell (Dublin Bay South, Fine Gael) | Oireachtas source
I would imagine there are plenty of buildings in Thurles. Why did the agency, which had such insight into the market when managing assets, not buy a building when they were going for nothing back in the day? The current rate is €1 million per floor.
Mr. O'Kelly referred to the price going up and down. Does it go up on higher floors? Is it the view, the lift or the air quality that the agency is paying for? Have we a figure for the cost of the fitting out of the building? Mr. O'Kelly used the phrase "cost neutral". Was he just referring to rent? We had an issue here before with a building that was fitted out for an extortionate amount. What was the cost of the fit-out? Is the fit out period rent-free? Is the planning correct for the new building? This arose here before. Why not Thurles? Could Mr. O'Kelly answer those questions for me?
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