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 practical terms, we can put the 1,800 properties we have at this stage back into the market as quickly as possible. That is something we are doing actively whether they are tenanted or vacant. If they are vacant, they tend to work for first-time buyers and those who are trading up whereas if they are tenanted, they work for people who want buy-to-let properties. That is our duty and that is what we are doing as expeditiously as possible.
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