Mr. Brendan McDonagh:

No. The Project Jewel portfolio alone went for €1.8 billion but we thought we would get €1.5 billion when we put it on the market. We got €300 million more than we thought we would. There were three bidders on that portfolio in the end who had the money and wanted to write a cheque. The guy who paid €1.8 billion got the property, but there were other people who bid not far off that figure. There was, therefore, lots of money around in the low-interest environment to buy those portfolios, so I would not say it is a correct proposition to say there were a limited number of buyers, because there were not.