Oireachtas Joint and Select Committees

Thursday, 11 October 2018

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach

Sale of Property Loans (Project Glas) By Permanent TSB: Discussion

11:30 am

Mr. Shane O'Sullivan:

In totality, the 1,800 represent properties which came back through the voluntary surrender campaign and more generally. The onus on us is to secure the best return for our shareholder, which is, in large part, the State and the taxpayer. As such, we are looking to sell those properties at market rates.

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