Oireachtas Joint and Select Committees

Thursday, 10 October 2019

Public Accounts Committee

2018 Financial Statements of the National Transport Authority

9:00 am

Mr. Philip L'Estrange:

As a lessor, it is obviously attractive. As a lessee, one would obviously not want to have it. It comes down to negotiations of the lease contract. The lease term, headline rent and whether there are rent reviews all come into play. It very much depends on the specific situation and timing.

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