Oireachtas Joint and Select Committees

Tuesday, 10 December 2019

Joint Oireachtas Committee on Communications, Climate Action and Environment

Future Funding of Public Service Broadcasting: Discussion

Ms Dee Forbes:

A number of years ago before we embarked on the first sale of land there was a comprehensive study done to look at the overall size and the value that could be gleaned from a land sale. At that time it was decided that we would sell the portion that we sold, and that was completed back in 2017, I believe. As we were planning this current strategy, or as we were going back to look at the revised strategy, we looked again at Donnybrook, in particular. We asked whether there be a way of relocating from Donnybrook and creating something bespoke somewhere else. The very short answer to that was that we looked at it but the maths were very difficult to add up. While the first tranche of land we sold was effectively a greenfield site, and it generated a very good cost per acre, the rest of the site is far more complex and the same values would probably not be realised.

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