Mr. Daniel McLoughlin:

We are in the process of assessing a tender on a 133-apartment scheme. The rents of €1,000, €1,100 and €1,200 often referred to in the general narrative that prevailed around cost rental at the start of the conversation three years ago are challenging to achieve in the current environment. The Minister has increased the serviced sites fund supports to €150,000 per unit. Once we apply that, we will see where it takes us. We have ambition around it. A general expectation that all cost rental units can be delivered for approximately €1,000 per month is probably a little ambitious in today's environment, although we certainly consider it to be a big part of our housing delivery. We will know more in about a month.